MLM Detective POSTS

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MBI International added to Central Bank of Malaysia’s alert list

Nine years after it launched in 2009, Malaysia’s top financial regulator has finally taken action against MBI International.Bank Negara Malaysia is pretty much Malaysia’s SEC equivalent and regulates the country’s financial sector.On May 22nd, the bank added MBI International and M Face International to its consumer alert list.According to the bank, neither company are ‘authorised nor approved under the relevant laws and regulations administered by BNM‘.This is the SEC equivalent of offering unregistered securities, without any accompanying enforcement action.That’s a bit strange, seeing as MBI International is headed up by Tedy Teow and based out of Malaysia itself.The offering of financial services without…

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TriumphFX Review: MT4 profit sharing with pyramid recruitment

TriumphFX provide no information on their website about who owns or runs the business.The TriumphFX website domain (“tfxi.com”) was first registered on January 12th, 2008. The domain registration details were last updated on April 24th, 2016.Unfortunately the TriumphFX domain registration is private and provides no information about company ownership.Alexa currently estimate that 76% of traffic to the TriumphFX website originates out of Malaysia. In addition to revealing where the company is primarily marketed, this also suggests whoever is running TriumphFX is also based out of Malaysia.A Vanuatu Financial Services Commission certificate is provided on the TriumphFX website, however this appears to…

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EmpowerCoin Review: 200% bitcoin ROIs in 90 days or less

EmpowerCoin provide no information on their website about who owns or runs the business.The EmpowerCoin website domain (“empowercoin.com”) was privately registered on April 19th, 2017.A number of marketing websites are hosted on the private server that hosts the EmpowerCoin website. These websites are all in German, suggesting whoever owns the server is either based in Germany, speaks German or both.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.EmpowerCoin ProductsEmpowerCoin has no retailable products or services, with affiliates only able to market EmpowerCoin…

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7 Rings of Wealth Review: Seven-tier sovereign citizen gifting

7 Rings of Wealth provide no information on their website about who owns or runs the business.The 7 Rings of Wealth website domain (“7ringsofwealth.com”) was privately registered on February 15th, 2017.Copy on The 7 Rings of Wealth website references “the Nation”;To begin earning Patronage Refunds in the 7 Rings of Wealth Crowdfunding project for “The Nation”, simply click on the Signup button and get started today.The footer of the website also cites “CollaborateUSA, LLC”.Collaborate USA has a website up over at “collaboratenation.com”. There it’s explained what “the Nation” is;We choose to govern as a Collaborative Commonwealth, a league, or confederacy of…

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The Company 360 Review: $350 octane booster tablets?

The Company 360 (TC 360) launched in late 2016 and operate in the automotive additive MLM niche.The company is based out of California in the US and headed up by Founder and CEO, Robert Aguilar (below right).Aguilar’s TC 360 corporate bio credits him with being ‘in the MLM space for over 25 years‘. Despite this I was unable to definitively put together Aguilar’s MLM history (there are a few Robert Aguilar’s in the MLM industry).Aguilar’s TC 360 bio provides no information as to the company’s he’s previously been involved in.Read on for a full review of the TC 360 MLM opportunity.The Company…

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1000 Expert Review: $3B dollar mining company you’ve never heard of

1000 Expert name Marinete Luiza Oro as President of the company.Among other things, official 1000 Expert marketing material credits Oro with an LLM in International Law and claims she is a “guidelines deputy chairman of the organization to combat laundering money (American Bar Association)”.I’d never heard of the organization, so out of curiosity I punched in Oro’s money deputy chairman title into Google. Nothing came up.Possibly due to language-barriers, I was unable to put together an MLM history on Oro.According to the 1000 Expert marketing material I did find;Dr. Marinete Luiza Oro, together with Dr. Elcio Gomes, pioneers in the gold…

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MMM Nigeria affiliate facing eighteen years in prison

Following the collapse of MMM Nigeria a few months ago, it was estimated that some 3 million Nigerians together lost $57 million dollars.Following a criminal complaint filed by two affiliates, now one MMM Nigeria affiliate is facing up to fifteen years in prison.On March 1st Chukwuebuka Ezengwu convinced Chukwumeka Okafor and Paul Ekene to invest N286,000 ($907 USD) into MMM Nigeria.Shortly thereafter MMM Nigeria collapsed and Ezengwu refused to refund the pair their money.A criminal complaint was filed and Ezengwu arrested.The prosecutor said that the offences contravened Sections 287 and 314 of the Criminal Law of Lagos State, 2015.The combined maximum penalty for the…

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Future Matrix Review: Six-tier 3×1 matrix Ponzi cycler

Future Matrix provide no information on their website about who owns or runs the business.The Future Matrix website domain (“futurematrix.biz”) was privately registered on March 29th, 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.Future Matrix ProductsFuture Matrix has no retailable products or services, with affiliates only able to market Future Matrix affiliate membership itself.The Future Matrix Compensation PlanFuture Matrix affiliates purchase positions in a six-tier 3×1 matrix cycler.A 3×1 matrix places an affiliate at the top of a matrix, with three…

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8 Figure Dream Lifestyle Review: 22K Collective gifting reboot

8 Figure Dream Lifestyle provide no information on their website about who owns or runs the business. In fact as I write this, the 8 Figure Dream Lifestyle website is nothing more than an affiliate login form.The 8 Figure Dream Lifestyle website domain (“8figuredreamlifestyle.com”) was privately registered on August 22nd, 2016.A site-wide search of the 8 Figure Dream Lifestyle revealed the company’s Terms and Conditions, which reference the company Tidom;At the discretion of 8 Figure Dream Lifestyle, any prior licensee of the “Tidom” program with a license to use Tidom granted from any 8 Figure Dream partner prior to October 7th,…

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Ueconomy Review: $52,495 to $100,000+ cash gifting

Ueconomy provide no information on their website about who owns or runs the business.The Ueconomy website domain (“ueconomy.com”) was privately registered on March 12th, 2017.Further research reveals Ueconomy affiliates naming Peter Wolfing as owner of the company. Perusal of Wolfing’s social media profiles reveals Ueconomy marketing.It seems Wolfing’s original name for the company was “E-Economy” back in April:Peter Wolfing first appeared on BehindMLM’s radar back in 2012, as the admin of Turbo Cycler ($200-$1000 matrix-based Ponzi scheme).Other MLM underbelly schemes launched by Wolfing over the years include Turbo Cycler (cash gifting), Ultimate Cycler (Ponzi cycler), Business Toolbox (chain-recruitment), Infinity 100 (cash gifting), National…