MLM Detective POSTS

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Howard Kaplan folds, settles with Zeek Rewards Receiver for $392,500

Last we checked in, Howard Kaplan’s Zeek Rewards clawback lawsuit had been scheduled for trial this June.Following that order, Kaplan and the Receiver entered into mediation on February 28th.Ongoing negotiations have lead to a proposed settlement, which will see Kaplan return almost four hundred thousand dollars to Zeek Rewards Ponzi victims.The Receiver initiated clawback proceedings against Kaplan (right) in 2014, via a lawsuit that alleged legal negligence.Kaplan, a tax-attorney, initially responded to the lawsuit by claiming immunity.The Receiver argued Kaplan was liable for “bad legal advice” and the case has slowly played out over the past four years.During mediation proceedings, the…

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VenVici Review: Gtoken points investment, mobile apps & e-commerce

VenVici launched in mid 2014 and operate in the mobile app and e-commerce MLM niches.The company provides no information on its website about who owns or runs it.The VenVici website domain (“venvici.com”) was registered on January 10th, 2014.Wang Ai Ping is listed as the owner through an address in Singapore.The same address is provided on the VenVici website.Possibly due to language-barriers, I was unable to find any connection between VenVici and Wang Ai Ping.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.The…

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70 QNet victims protest lack of regulatory action in Bengaluru, India

Over the weekend around seventy former Qnet affiliates staged a protest in India’s southern Karnataka state.Angry victims of the scheme claim thousands of QNet investors have been duped across the country, while authorities continue to do nothing.Among the protesters at Bengaluru’s Freedom Park were local doctors, software engineer and private business owners.Collectively they claim to have lost hundreds of thousands of rupees in QNet.They claimed they were forced to bring in more investments from family members and friends to recover their principal investments.They (also) alleged that the company was selling products under the pyramid scheme and collecting investments from people by promising…

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BitEstate Review: Bitcoin real estate services = 5292% annual ROI?

BitEstate provide no information on their website about who owns or runs the company.The BitEstate website domain (“bitestate.biz”) was privately registered on November 7th, 2017.Although BitEstate claims to be operated out of London, UK, it is far more likely that whoever is actually running it is based out of Russia or the Ukraine.Alexa estimate Russia is currently the largest source of traffic to the BitEstate website (20%).Russian is an offered language on the BitEstate website. BitEstate also operate a VKontakte social media account, which the company publishes content to in Russian.As always, if an MLM company is not openly upfront about…

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Social Profimatic Review: 8% daily bitcoin/litecoin Ponzi scheme

Social Profimatic provide no information on their website about who owns or runs the business.The Social Profitmatic website domain (“socialprofitmatic.com”) was privately registered on February 18th, 2018.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.Social Profimatic ProductsSocial Profimatic has no retailable products or services, with affiliates only able to market Social Profimatic affiliate membership itself.The Social Profimatic Compensation PlanSocial Profimatic affiliates invest $10 or more in bitcoin and/or litecoin on the promise of an 8% daily ROI.There doesn’t appear to be an…

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CryptoCash Nation Review: 7 Rings of Wealth crypto pyramid reboot

CryptoCash Nation provide no information on their website about who owns or runs the business.The CryptoCash Nation website domain (“cryptocashnation.com”) was registered on December 30th, 2017.Jill Field of “FXB Trading Inc.” is listed as the owner, through an address in British Columbia, Canada.I wasn’t able to find any definitive ties to Jill Field and CryptoCash Nation.There is a cryptocurrency exchange that goes by the name of FXB Trading, however again it doesn’t appear to have any links to CryptoCash Nation.In a CryptoCash Nation marketing video, Thomas Fraser is identified as one of the co-founders of the company.Fraser (right) appears to reside in…

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GB21 Review: GainBitcoin Ponzi reboot touts $450,000 mining contracts

GB21 provide no information on their website about who owns or runs the business.The GB21 website domain (“gb21.com”) was first registered on May 9th, 2013.The domain registration details were recently updated on January 10th, 2018, suggesting this is around the time the current owner(s) acquired it.On their website, GB21 market MCAP altcoin mining packages.MCAP is a worthless cryptocurrency attached to the Gain Bitcoin Ponzi scheme.Gain Bitcoin launched in mind 2017 and offered investors a 10% monthly ROI on investment of up to 13.75 BTC.The catch was ROI payments were paid in MCAP.After investor recruitment died down, Gain Bitcoin collapsed in November,…

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Super Affiliate Network Review: $17,491 “all in” coaching memberships

Super Affiliate Network launched in mid 2016. The company provides a corporate address on their website in the US state of Hawaii.Heading up Super Affiliate Network is Founder, Misha Wilson.So the story goes;After getting started Online at the age of 22, (Misha Wilson) soon there after hit 6 figures by the age of 24, and then scaled his company to the multimillion dollar mark by the age of 25.After being a top earner in multiple different opportunities, and watching 97% of all of his teammates fail due to not being able to duplicate his efforts, Misha saw a gap in the…

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Viridian settles deceptive marketing & sales tactics allegations for $5 mill

BehindMLM reviewed Viridian last December. One of the primary concerns raised was a potential lack of retail viability due to high service costs.Turns out we were onto something.Earlier today the Massachusetts Attorney General’s Office announced a $5 million dollar settlement with Viridian.In reaching the settlement, Viridian acknowledged it had used “deceptive marketing and sales tactics that lured residents into costly contracts with high electricity rates”.No matter what was promised or pitched to potential retail customers by Viridian affiliates, the AG’s Office allegedthat consumers who switched to Viridian ultimately paid more for electricity than if they had stayed with their utility.Viridian contracted…

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Detail MaxiNet SEO Ponzi scheme busted in Turkey

An ongoing crackdown on scams operating in Turkey has lead authorities to shut down another Ponzi scheme, this time Detail Maxinet.Known locally as “Detay MaxiNet”, Detail MaxiNet affiliates invest $590 to $2242 on the promise of a monthly ROI for 12 months.To qualify for the ROI, Detail MaxiNet affiliates must download and run software for eight to twenty-four hours a day, depending on how much they invest.Detail MaxiNet affiliates are also paid to recruit new investors through an MLM compensation plan.Special details of Detail MaxiNet’s compensation plan are not provided on the company’s website.Detail MaxiNet claim to use investor computing power…