Nui & Mintage Mining securities fraud cease and desist in Texas

July 11, 2018 mlmdetective 0

Despite reassurances by Nui that their Kala altcoin and Mintage Mining have “stability and protection with the SEC“, a US securities regulator has issued the company with a cease and desist.The Texas Securities Board issued an emergency cease and desist notice to Nui on July 11th.
Named as respondents in the notice are Symatri LLC, Mintage Mining, BC Holdings and Investments LLC, Social Membership Network Holding LLC, Nui Social, Darren Olayan (right), William Douglas Whetsell and Wyatt McCullough (Nui affiliates).
As per the notice, the Securities Board alleges
(Darren) Olayan controls Mintage Mining.
Mintage Mining is illegally and fraudulently issuing and offering two different investments in cryptocurrency…

Responsive design…

July 9, 2018 mlmdetective 0

I implemented responsive design on BehindMLM a few years back and general consensus is that mobile users were happy with the desktop version of the site.The sidebars are first to go and while I can have them below the article, due to their vertical layout it doesn’t sit right.
Anyway since then mobile users can request a desktop version easily enough so I don’t think it’s much of an issue if I strip things down for a small screen visitors.
A few days ago I noticed Google showing me warnings about BehindMLM not being “mobile optimized” in its organic search results.
I already know…

Aegea Review: Quantum technology energy holograms (seriously)

July 8, 2018 mlmdetective 0

Aegea claim to operate in the health and wellness MLM niche.The company doesn’t provide a fixed place of business on its website, instead opting to only provide a virtual office address in the US state of Georgia.
Heading up Aegea are co-founders John Prosser (Chairman Of The Board) and Jeff Cohen (“Executive”).
John Prosser’s Aegea corporate bio cites him as a
prolific humanitarian, social change architect and trusted supporter of national medical issues.
Although Prosser is credited with “30 years of entrepreneurial effort”, I was unable to put together an MLM history on him.
After stints at CBS, NBC, Turner Broadcasting, Kellogg’s and Coca-Cola, Jeff Cohen…

Revital U Review: Coffee & caffeine capsules with strong retail focus

July 6, 2018 mlmdetective 0

Revital U provide no information on their website about who owns or runs the business.The Revital U website domain (“revitalu.com”) was registered on July 15th, 2016.
Pat Johnston is listed as the owner, through an address in the US state of Texas.
On his LinkedIn profile, Johnston cites himself as President of Revital U.
Further research on LinkedIn reveals Andrew McWilliams citing himself as CEO of the company since late 2016.
On Twitter McWilliams (right) confirms he is also the owner of the company.
Williams appears on Revital U’s social media profiles, so why executive information isn’t disclosed on the Revital U website is unclear.
McWilliams first…

SingliWorld scammers arrested, facing prison time and fines

July 5, 2018 mlmdetective 0

Six SingliWorld scammers have been arrested in Singapore, including Founder Leong Koon Wah (aka Hermes Leong).Wah, along with five of his associates, faced court on Wednesday on charges related to illegal operation of a pyramid scheme.
BehindMLM reviewed SingliWorld back in 2015. Based on information available at the time, we found the business to be a combination of pyramid recruitment and suspicious ROI promises.
SingliWorld primarily targeted potential investors in Singapore and Malaysia.
The company claimed to generate ROI revenue through forex trading, an activity the company was not authorized to engage in.
How much money investors lost in SingliWorld is yet to be disclosed…

Russell Whitney settles MOBE fraud with FTC, stripped of assets

July 5, 2018 mlmdetective 0

For his part in scamming consumers through MOBE, the FTC named Russell Whitney as a defendant in their fraudulent business lawsuit.Rather than defend the FTC’s allegations and clear his name, Whitney has instead opted to reach a settlement.
As per the proposed settlement, Whitney (right) acknowledges that

the FTC has sufficiently demonstrated that Defendant Whitney has engaged and is likely to engage in acts or practices that violate … the FTC Act, and that (the FTC) is therefore likely to prevail on the merits of this action
The FTC has sufficiently demonstrated that immediate and irreparable harm will result from Whitney’s ongoing violations of…

Matt Lloyd heading towards MOBE fraud settlement with FTC

July 5, 2018 mlmdetective 0

As expected, rather than fight the FTC’s allegation that MOBE was a $125 million dollar fraudulent business, owner and CEO Matthew Lloyd McPhee appears to be heading towards a negotiated settlement.Settlement negotiations between Lloyd and the FTC at this stage are well underway but the outcome is still uncertain.
Nevertheless, the FTC appear confident of reaching a settlement.
Defendants McPhee and (Susan) Zanghi have both indicated that they would like to discuss resolving all the claims against them and the FTC, and these defendants have had some preliminary discussions with the FTC regarding settlement that are promising.
So much so that the FTC has taken…

Invia World banned in Austria for operating an “illegal business”

July 5, 2018 mlmdetective 0

Invia World was launched amid the collapse of the Questra World Ponzi scheme.Headquartered in Austria and run Daniel Zdesar, who headed up Questra World’s Austrian chapter, Invia World promises a 36 month ROI on individual investments of up to €25,000 EUR.
Following an internal investigation, on May 29th Austria’s Financial Market Supervisory Authority banned operation of Invia World.
The FMA claim Invia World are illegally offering financial services in Austria, by way of an “alternative investment fund”.
This contravenes Austria’s Alternative Investment Fund Manager Act, making Invia World an “illegal business”.
This is effectively Austria’s version of an unregistered securities offering, as Invia World is not ‘licensed…

Sean Brown reaches Digital Altitude fraud settlement with FTC

July 5, 2018 mlmdetective 0

A third Digital Altitude defendant, Sean Brown, has reached a settlement agreement with the FTC.In line with previously reached settlements with The Upside LLC and Morgan Johnson, Brown’s settlement has been submitted to FTC Commissioners for approval.
Approval was granted for both The Upside LLC and Morgan Johnson’s submitted settlements, with a decision on Brown’s proposed settlement expected no later than September 7th.
If approved by the FTC Commissioners, a motion requesting approval of the reached settlement will then be filed – at which point the details of the agreement are made public.
In the meantime the FTC has requested a stay on proceedings…

FundsFact Review: 120%-150% ROI adcredit Ponzi scheme

July 3, 2018 mlmdetective 0

FundsFact provide no information on their website about who owns or runs the company.The FundsFact website domain (“fundsfact.com”) was privately registered on March 10th, 2018.
The official FundsFact Facebook group has three admins; Martha Hughes, Honey Arbi and C Jacinth Samuel Raj.
Hughes and Arbi appear to be dummy account, leaving Raj (right) as the likely owner of the company.
According to his Facebook profile, Raj is based out of Chennai in the Indian state of Tamil Nadu.
It’s probably a safe bet that whoever is behind the other two dummy FundsFact admin accounts are also based out of India.
As always, if an MLM company…