Charles Scoville files Traffic Monsoon Ponzi decision appeal

April 15, 2017 mlmdetective 0

Seems kind of pointless claiming a company that solicited $50 investments on the promise of a $55 ROI wasn’t an investment scheme, but if the alternative is admitting you conned thousands of people out of millions of dollars – here we are.On April 14th Charles Scoville filed an interlocutory appeal against the recent granting of a preliminary injunction and denial of a motion to set aside the Traffic Monsoon Receivership.The term “interlocutory appeal” applies to any appeal filed before the conclusion of the case. Whereas the granting of a preliminary injunction in MLM underbelly fraud cases typically brings about a settlement, Scoville…

25,000 OneCoin victims in Germany, investor losses over $424 million

April 14, 2017 mlmdetective 0

The fallout from BaFin’s freezing of OneCoin’s bank accounts in Germany continues, with more and more victims coming forward to report their losses.BaFin investigators have labeled OneCoin “one of the most dangerous money games of recent years”.The latest figures released by investigators on Thursday, April 13th revealed “at least” 25,000 investors Germany have together lost “well beyond 400 million euro” ($424 million USD).Those numbers are expected to climb, as many victims have yet to go public with their losses “out of shame”.That’s not the half of it though, with BaFin’s investigation revealing startling information about the company.Rumors of OneCoin’s ties to…

InCruises Review v2.0: Monthly passive income and recruitment

April 14, 2017 mlmdetective 0

InCruises launched in early 2016 and operate in the travel services MLM niche.BehindMLM reviewed InCruises on January 16th, 2016 and concluded it was your usual “access to discounts” fare.This is problematic as in MLM access to third-party discounts isn’t a product in and of itself (you can’t just charge a fee to provide access to someone else’s discounts).“Cruise Dollars” go some way to alleviate this compliance issue, providing essentially credits that can be used towards discounted travel.Additionally the InCruises compensation plan had no retail volume qualifiers, allowing an InCruises affiliate to qualify for commissions via affiliate recruitment (affiliates being the majority…

OneCoin investors arrested in Kazakhstan

April 13, 2017 mlmdetective 0

According to an April 14th news report from Kazakhstan’s Tengri News, officers of the Economic Investigation Service in Astana have arrested several OneCoin investors.Astana is the capital city of Kazakhstan and is situated in the country’s north.The Economic Investigation Service is a department  of “ДГД по Астане” (lit translation: Astana DGD), which itself is part of the Steve Revenue Committee under the Ministry of Finance.According to a statement provided to Tengri News, officers of the Astana DGD have arrested “Мирсаитова Д.К.” (lit translation: Mirsaitova D.K.)and others, (who) established an extensive network of affiliates working in all regions of the country.The DGD allege the suspects…

Big Coin Machine Review: Crypto Adz reboots without Ponzi

April 13, 2017 mlmdetective 0

Big Coin Machine provide no information on their website about who owns or runs the business.The Big Coin Machine website domain (“bigcoinmachine.com”) was privately registered on March 2nd, 2017.The Big Coin Machine Terms and Conditions mentions “CryptoAd”:Promotion and MisrepresentationWhen offering or arguing the Bigcoinmachine chance or the CryptoAd Ad Pack Plan …This appears to be a reference to Crypto Adz, with the Big Coin Machine website itself pulling resources from the Crypto Adz hosting account:Crypto Adz was a bitcoin gifting Ponzi hybrid launched late last year by Bilal Hadi.Today the Crypto Adz website is non-responsive, suggesting the scheme has collapsed. This has…

RobinHood Global Review: 17.5% weekly ROI Telegram Ponzi

April 13, 2017 mlmdetective 0

RobinHood Global provide no information on their website about who owns or runs the business.The RobinHood Global website domain (“robinhood.global”) was privately registered on October 1st, 2016.The official RobinHood Global Facebook page was created on March 21st by a bogus “Robin Green” account, which itself was only created on October 17th, 2016.As far as I can tell RobinHood Global is being run by someone from Russia or the Ukraine. Evidence supporting this is an active VKontakte social network profile (published in Russian), Russia being the third-largest source of traffic to the RobinHood Global website (Alexa) and the use of Yandex to track…

Jeunesse will not stop selling Instantly Ageless without court order

April 13, 2017 mlmdetective 0

Despite being cut off by their supplier, Juenesse has vowed to continue selling Instantly Ageless unless a court order prohibits them from doing so.The announcement was made in an April 12th statement provided to BehindMLM, which I’ve reproduced below in full.Jeunesse has been made aware that Anti Age Technologies, LLC owners Greg and Kellie Serrault are claiming that they have terminated their agreement with Jeunesse to license Instantly Ageless.First, we deny that Jeunesse in any way breached the contract between Jeunesse and Anti Age Technologies, LLC.In fact, upon receiving the notification from the Serraults of the allegations, which we believe to…

BeFargo Review: FargoCoin cryptocurrency & pyramid recruitment

April 12, 2017 mlmdetective 0

BeFargo provide no information on their website about who owns or runs the business.The BeFargo website domain (“befargo.com”) was privately registered on September 4th, 2016.Much is made of BeFargo being a purported US company in affiliate marketing material, however the BeFargo website Terms and Conditions states:For all legal purposes, these Terms of Use shall be governed by the laws applicable in the UK. You agree and hereby submit to the exclusive personal jurisdiction and venue of the UK for the resolution of any disputes arising from these Terms of Use.Most of the BeFargo affiliate marketing material I came across was in Russian.The…

Instantly Ageless terminate Jeunesse contract over unpaid royalties

April 12, 2017 mlmdetective 0

One of Jeunesse’s most recognizable products is Instantly Ageless. Marketed as an anti-aging “micro cream”, Instantly Ageless is manufactured by Anti Age Technologies LLC.Following allegations that Jeunesse has “committed several uncured material breaches of the Agreement” between the two companies, on April 3rd, 2017, Anti Age Technologies wrote to Jeunesse to advise they were terminating the agreement.The beef between Anti Age Technologies and Jeunesse appears to have been brewing, with Anti Age Technologies claiming to have sent “numerous demand letters” to the company.Anti Age Technologies allege Jeunesse owes them royalty payments,however Jeunesse failed to make the appropriate payments to Instantly Ageless on several occasions.The…

Bitcoin Bank Cycler Review: Three-tier bitcoin Ponzi cycler

April 12, 2017 mlmdetective 0

Bitcoin Bank Cycler provide no information on their website about who owns or runs the business.The Bitcoin Bank Cycler website domain (“bitcoinbankcycler.com”) was privately registered on January 25th, 2017.As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.Bitcoin Bank Cycler ProductsBitcoin Bank Cycler has no retailable products or services, with affiliates only able to market Bitcoin Bank Cycler affiliate membership itself.The Bitcoin Bank Cycler Compensation PlanBitcoin Bank Cycler affiliates purchase positions in a three-tier matrix cycler.Matrix sizes used in the Bitcoin Bank Cycler…