iMarketsLive Review v2.0: Retail addressed, securities still a problem

September 7, 2017 0

International Markets Live, more commonly known as iMarketsLive, was first reviewed on BehindMLM back in 2013.What I found was an MLM opportunity offering investment trading advice with zero retail. The company was so out of compliance it was comical.As per an August 6th Facebook post, in mid 2016 CEO Christopher Terry told Alex Morton that ‘he had been through hell and back and his company at the time was barely surviving.‘Having split with Vemma just before the FTC shut it down, Morton had been promoting Jeunesse for about a year or so at the time.Morton claims Terry (right) told himhe knew…

New Life Sciences Review: New age nutrition with retail non-compliance

September 6, 2017 0

New Life Sciences appear to be based out of Japan and operate in the weight loss and nutritional supplement MLM niches.The company website lists product return addresses for the US and Europe (Germany), however Saitama, Japan is the only physical address provided.New Life Science’s Terms and Conditions meanwhile suggest the company is actually based out of Texas:The State of Texas is the place of the origin of this Contract and is where the Company accepted the offer of the Applicant to become a Distributor and where the Distributor entered into the Contract with the Company.Why New Life Sciences don’t provide a…

Ponzi lawyer Steven Scudder liable for full $425,030 restitution amount

September 5, 2017 0

For his efforts in assisting William Apostelos defraud investors out of millions of dollars, attorney Steven Scudder was sentenced to fourteen months prison back in June.How much Scudder would pay in restitution was deferred, pending legal arguments from both Scudder and the DOJ.In his response brief, Scudder argued that he ‘should not be held accountable for restitution in this case‘.This was an objection to a Presentence Investigation Report finding Scudder liable to pay restitution, ‘after he filed a notice that he was no longer the Trustee of WMA Land Trust‘.Mr. Scudder objects to the conclusion that the loss created due to…

Trevo Review: $59.99 a liter super juice with 127 ingredients

September 4, 2017 0

Trevo launched in 2010 and operate in the nutritional supplement MLM niche.The company operates out of Oklahoma in the US and is headed up by founders Mark (President and CEO) and Holli Stevens (Director of Finance).Mark Steven’s Trevo corporate bio claims he’s a ‘well-known as a successful business owner, entrepreneur, leader, motivational speaker, best-selling author and humanitarian.‘While still in high school Mark discovered his entrepreneurial spirit and passion for excellence as he became the owner of a soon-to-be nationally recognized music company.Mark went on to build several successful corporations.He has successfully built multi-million dollar companies as well as successful network marketing organizations…

LitUpp Review: €197 EUR video-based personal development courses

September 3, 2017 0

LitUpp operate in the personal development MLM niche and claim to be ‘located in the heart of London‘.The company is headed up by CEO and Founder, Kjenneth Holm. On Twitter Holm cites his location as Copenhagen, Denmark.A Facebook page for “LitUpp Development A/S” also cites a location in Copenhagen, Denmark. On Instagram Holm claims he’s the founder of LitUpp development A/S.Whether LitUpp is run out of the UK or Denmark however is unclear, but at least as far as management goes it appears to be based out of Denmark.Elsewhere on the internet Holm (right) is described as an “entrepeneur and speaker”.LitUpp itself…

Lil Bud 2 Big Dog Review: Two-tier 3×4 matrix bitcoin Ponzi cycler

September 2, 2017 0

Lil Bud 2 Big Dog provide no information on their website about who owns or runs the business.The Lil Bud 2 Big Dog website domain (“lilbud2bigdog.com”) was privately registered on August 17th, 2017.A marketing video on the Lil Bud 2 Big Dog website is hosted on a YouTube account bearing the name “opitimusx”:OpitimusX is an alias of Sherm Mason.Sherm Mason first popped up on BehindMLM’s radar as the admin of Magnetic Builder.Magnetic Builder was a $29.95 recruitment scheme launched in 2011.In 2015 Mason (right), launched at least five dubious schemes:In 2016 Mason doubled down on his efforts and launched Elite Pay Alliance (matrix-based cash…

MinerWorld Review: 12 month cryptocurrency mining ROI & recruitment

September 2, 2017 0

MinerWorld provide no information on their website about who owns or runs the business.The MinerWorld website domain (“minerworld.com.br”) was first registered on September 7th, 2014. Cícero Saad Cruz is listed as the owner.On July 23rd, 2017, Cruz (right) appears to have removed his contact details from the domain registration.Further research reveals prior to the change, the MinerWorld domain registration listed an address in Mato Grosso, Brazil.This is presumably where Cruz is located and from where MinerWorld is being operated from.In MinerWorld marketing material Cruz goes by “Cicero Saad” and is credited as CEO and President of the company.According to the website JusBrasil,…

Apriori Beauty Review: Personal care with affiliate autoship recruitment

September 1, 2017 0

Apriori Beauty launched in late 2009 and operate in the personal care MLM niche.The company is based out of California in the US and headed up by co-founders Susan Twellman, Elizabeth Vervynck and Candace Keefe.As per her corporate bio, prior to founding Apriori Beauty Twellman (right) worked for UPS and Quest Software.I was very fortunate to also help take Quest public before leaving to start my own wealth management company that I still manage today, along with a wine procurement and storage facility.Elizabeth Vervynck (right) ran a design and marketing business with her sister.One of their clients was Arbonne, another personal care MLM…

Legal opinion claims USI-Tech’s unregistered securities legal in the US?

August 30, 2017 0

In what is shaping up the be the latest MLM attorney blunder, the law firm Hart & David have purportedly put their stamp of approval on USI-Tech.For those unfamiliar with the company, USI-Tech initially combined pyramid recruitment with an automated forex trading platform.USI-Tech affiliates deposited €600 EUR on the promise of an entirely automated and passive ROI.On or around May, 2017, USI-Tech expanded their offering to include a bitcoin trading investment opportunity.In exchange for a €50 EUR deposit, USI-Tech affiliates are promised a 1% daily ROI for 140 days (140%).With USI-Tech actively marketing in the US and this business model setting…

Belize issues second OneCoin warning

August 30, 2017 0

In what appears to be a followup to their initial warning back in March, Belize’s International Financial Services Commission has issued a second warning against OneCoin.The IFSC’s first warning identified OneLife Network Limited as “an international business company registered in Belize”.At the time of publication OneLife still provide a corporate address in Belize on their website.The IFSC claimed OneCoin had not obtained a required license and thus was conducting business illegally.Despite representing they cooperate with authorities, OneCoin to date have failed to register with IFSC.As per a new August 25th warning, the IFSC reaffirmOneLife Network Limited … is not licensed by…