MLM Detective POSTS

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USI affiliate wallets disappear, withdrawals delayed up to 5 days

When USI-Tech canned its biggest investor market around two weeks ago, it should have been obvious they were running on borrowed time.Despite the keeping up of appearances and reassurances by USI-Tech investors outside of the US (coughcough “Global Leader” Sharon James), it appears USI-Tech has been inundated with withdrawal requests.Trotting out the old “we’re too big for legitimate payment processors” routine, USI-Tech has announced withdrawal delays.In a backoffice message, USI-Tech claimedWith the rapid growth of USI-Tech, the daily number of deposits and withdrawals has also increased dramatically.Due to the gigantic number of transactions, it was no longer possible to process payments via…

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Crazy Ad Profits Review: Complicated crypto Ad Pack Ponzi scheme

Crazy Ad Profits provide no information on their website about who owns or runs the business.The Crazy Ad Profits website domain (“crazyadprofits.com”) was privately registered on February 15th, 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.Crazy Ad Profits ProductsCrazy Ad Profits has no retailable products or services, with affiliates only able to market Crazy Ad Profits affiliate membership itself.Once signed up Crazy Ad Profits affiliates receive ad credits, which can be used to display advertising on the Crazy Ad Profits website.The…

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BitConnect Reddit goes private, YouTube shill updates

In what appears to be an attempt to cover their tracks, admins of the popular BitConnect Reddit have set the discussion forum to private.Prior to the decision, discussion on the BitConnect Reddit raised the prospect of admins being held legally accountable for promotion of a Ponzi scheme.As above, most of the content in the Reddit was in relation to BitConnect’s collapse. A mixture of disbelief, BitConnect investors sharing how much they’ve lost and those who didn’t invest reveling in their misfortune.Elsewhere on the internet other BitConnect ringleaders are also attempting to downplay their role in the promotion of the scam.On YouTube…

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Ucoin Cash Review: UCH points ICO lending Ponzi scheme

Ucoin Cash provide no information on their website about who owns or runs the business.The Ucoin Cash website domain (“ucoincash.co”) was privately registered on October 5th, 2017.At the time of publication Alexa estimate Vietnam (19%) and the US (10%) are the largest sources of traffic to the Ucoin Cash website.Based on the level of English on the Ucash Coin website, there’s a good chance it’s being operated out of Vietnam itself;Ucoin Cash have been established with a long term vision and objective desiring to build a good reputation in digital cash field. We hope that all UCH users and investors would…

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BitConnect Ponzi scheme collapses, $2.4 billion wiped in 10 days

In what is believed to easily be the largest MLM cryptocurrency Ponzi collapse, earlier today BitConnect announced they were terminating ROI payments.In a news post dated January 16th, BitConnet advised affiliates it was “halting” it’s lending and exchange platform.For those unfamiliar with the company, BitConnect was the first MLM ICO lending Ponzi scheme.BitConnect affiliates acquired BCC points from anonymous admins (or other affiliates), and then parked the points with the company on the promise of a daily ROI.The “exchange platform” was an internal exchange BitConnect affiliates were able to cash out through, typically by selling their points to other BitConnect affiliates.Rather…

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Noble 8 Revolution Review: 3×5 matrix cycler Ponzi

Noble 8 Revolution operate in the personal development MLM niche. The company does not provide any information about where it operates from on its website.Heading up Noble 8 Revolution are founders Blaine Williams (CEO), Jim Anderson (President) and Mark Campese (CMO).Prior to co-founding Noble 8 Revolution, Blaine Williams and Mark Campese served as Global Directors in the Waszupp Global.Waszupp Global was a Ponzi cycler launched in mid 2017.Shortly after it launched, Williams and Campese were “terminated” from their Director positions;For the past couple of months, I have been purging the system of unscrupulous characters.Even though both of them had promised to…

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Monetize Coin Review: “Automated traffic arbitrage” ICO lending Ponzi

Monetize Coin provide no information on their website about who owns or runs the business.The Monetize Coin website domain (“monetizecoin.com”) was privately registered on November 28th, 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.Monetize Coin ProductsMonetize Coin has no retailable products or services, with affiliates only able to market Monetize Coin affiliate membership itself.The Monetize Coin Compensation PlanMonetize Coin affiliates acquire MNZ points from Monetize Coin’s anonymous owners.MNZ points are sold to Monetize Coin affiliates at a minimum price of 37…

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Dekado Review: “Price Buoyancy Software” ICO lending Ponzi scheme

Dekado provide no information on their website about who owns or runs the business.The Dekado website domain (“dekado.io”) was privately registered on September 18th, 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.Dekado ProductsDekado has no retailable products or services, with affiliates only able to market Dekado affiliate membership itself.The Dekado Compensation PlanDekado affiliates acquire Dekadocoin (DKD) points from Dekado’s anonymous owners.At the time of this review, DKD points are sold to Dekado affiliates for $15.37 each.Once acquired, DKD points are “lent”…

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CryptoWorld Network Review: Global MoneyLine crypto reboot

CryptoWorld Network provide no information about who owns or runs the company.The CryptoWorld Network website domain (“cryptoworldnetwork.com”) was privately registered on November 1st, 2017.Further research reveals CryptoWorld Network affiliates marketing the company as the successor to Global MoneyLine.A visit to the Global MoneyLine Facebook page reveals the company announced a “new division” back in July:The August prelaunch didn’t happen (or if it did it flopped), with Global MoneyLine eventually prelaunching CryptoWorld Network as a “sister company” on January 2nd, 2018:Global MoneyLine is a pyramid scheme launched in mid 2016.Under the guise of building an email list, Global MoneyLine affiliates pay $20…

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LendConnect Review: LCT points ICO lending Ponzi

LendConnect provide no information on their website about who owns or runs the business.The LendConnect website domain (“lendconnect.io”) was privately registered on November 14th, 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.LendConnect ProductsLendConnect has no retailable products or services, with affiliates only able to market LendConnect affiliate membership itself.The LendConnect Compensation PlanLendConnect affiliates acquire pre-generated LCT points from the anonymous LendConnect owners.LCT points are sold to LendConnect affiliates for between 60 cents and $1.10 each.Once acquired, LCT points are “lent” back…