MLM Detective POSTS

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Shuang Hor Review: Lingzhi mushroom supplements grown in-house

Shuang Hor began as Double Crane Enterprises in 1987.The company is based out of Taiwan and was founded by “a group of Taiwanese entrepreneurs”.In 1996 Double Crane Enterprises was “restructured” and renamed to Shuang Hor.I’m not sure why, but in Taiwan the official company website is still branded Double Crane Global.The company seems to otherwise be known as Shuang Hor in English, so from here on out to avoid confusion I won’t be using Double Crane Global.Since 1996 Shuang Hor has branched out into Japan, Thailand, Singapore, Brunei, Hong Kong, Indonesia and Myanmar (operating as Double Crane Co.).The Shuang Hor website…

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No criminal charges pending against Krassenstein brothers

Two days ago I became aware of an asset seizure related to a property owned by Edward and Brian Krassenstein.The brothers are the owners of the now closed Ponzi promotion platforms, MoneyMakerGroup and TalkGold.In their forfeiture complaint, filed August 21st, the DOJ accused the Krassenstein brothers of conspiring to commit wire fraud. This strongly implied that the Krassenstein brothers were facing a wire fraud case of their own.A number of related cases have been filed under seal which, along with information previously not on the public record, reveals the DOJ are not pursuing criminal charges against the Krassensteins.Following publication of BehindMLM’s initial…

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MinerWorld caught out lying about Paraguayan CNV securities registration

The single-biggest challenge faced by online MLM Ponzi schemes is credibility.In addition to proof of an external revenue source, registration with securities regulators is one of the tallest hurdles to overcome.So important is convincing your investor-base that you’re above board, that some companies will openly lie about it.Miner World is one of those companies, having recently represented it was registered with Paraguay’s SEC equivalent, the National Securities Commission (CNV).The CNV was having none of it though, today issuing clarification that Miner World’s claims are “illegitimate”.MinerWorld being a Brazilian scam with little to no English presence, finding an example of the company…

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MoneyMakerGroup and TalkGold owners facing wire fraud charges

Brothers Edward and Brian Krassenstein owned the MoneyMakerGroup and TalkGold internet forums.Easily the two largest publicly accessible Ponzi promotion platforms on the internet, both MoneyMakerGroup and TalkGold were pulled offline last month without explanation.Today BehindMLM can exclusively reveal the Krassenstein brothers are facing multiple wire fraud charges in relation to the operation of both forums.The MoneyMakerGroup and TalkGold forums went offline within minutes on or around August 22nd.On August 21st the DOJ filed an asset forfeiture case that reveals the government’s case against the Krassenstein brothers.Since at least 2003, Brian and Edward Krassenstein … have owned and operated websites devoted to the…

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OneCoin affiliate a suspect in Finnish financial crime case

Finland was one of the first countries to announce a OneCoin investigation.Unfortunately Finnish authorities put investigating the Bulgarian Ponzi scheme in the “too hard” basket.Naturally the Ponzi problem didn’t go away, and people in Finland continued to be recruited into and scammed by OneCoin and its affiliates.With complaints from the public continuing to pile up, two months ago police in Ostrobothnia announced they’d opened a new criminal case.The new case stems from tax fraud reports filed by Finnish tax authorities, as well as complaints from the general public.Ostrobothnian police today revealed they are pursuing a Finnish OneCoin affiliate suspect for tax…

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Cerule Review: Algaceutical products with autoship recruitment focus

Cerule operate in the nutritional supplement MLM niche and was initially launched as Desert Lake Technologies. Regulatory records show the company also goes by the name “Klamath Falls’ Antarctica”.Desert Lake Technologies launched in 1999. The company is based out of The company changed its name to Cerule in 2014.Cerule is a family-owned business based out of Oregon in the US. The company is headed up by CEO Greg Newman (right).As per Newman’s Cerule corporate bio;Greg is a co-founder of and original investor in Cerule, a company started by his father in 1999.In January 2014, after the passing of his father, Greg…

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Trade Coin Club monopoly money ROI payments exposed

There’s a reason the term “monopoly money” was coined to refer to money paid to Ponzi investors they don’t actually receive.Typically these payments are represented in affiliate backoffices and often times they’re reinvested in pursuit of higher gains.On the backend of the scam the money doesn’t exist, with reinvestment buying the admin(s) time to shuffle what money does exist elsewhere within the scheme.Trade Coin Club is one such Ponzi scheme launched in late 2016.As per the company’s business model, Trade Coin Club affiliates invest bitcoin on the promise of an advertised daily ROI of up to 0.45% for up to 12…

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Sandra Gavel cops $123,728 Summary Judgment (Zeek Canada)

Canadian Zeek Rewards scammer Sandra Gavel’s response to clawback litigation filed against her was somewhat confusing.Upon being served papers on behalf of the Zeek Receiver, Gavel penned a letter to the court to inform it she didn’t consent to US jurisdiction.This didn’t mean anything legally, and so the Receiver filed a motion requesting legal clarification on Gavel’s filing.The court classified Gavel’s letter as a pro se Motion to Dismiss and promptly denied it.That was late 2015, with the Receiver filing for Summary Judgment against Gavel in early 2017.Roughly eight months later Judge Mullen has finally ruled on the matter.In a September 7th order…

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TelexFree mattress money mule to change money laundering plea

Cleber Rocha, accomplice of TelexFree’s Carlos Wanzeler, was indicted back in March for money laundering.The indictment followed the arrest of Rocha in January, after authorities caught him distributing large sums of money on Wanzeler’s behalf.Information provided by Rocha lead to the seizure of twenty million dollars, hidden under a mattress in an apartment Rocha was staying at.Upon indictment Rocha entered a not guilty plea on April 5th.His latest filing on the case docket however suggests that’s going to change later this month.On September 26th Rocha filed an assented Motion to Set Hearing Date For Change of Plea.In the motion Rocha’s attorney…

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Laser Online Review: 144% ROI every 12 days through crypto trading?

Laser Online launched a few months ago and operate in the cryptocurrency MLM niche.The company claims to be incorporated in the US state of Delaware and names Antonio Garley as CEO on its website.Garley seems to exist solely in marketing images published on the Laser Online website. I was unable to find any third-party information on him (on any platform), which I’m flagging as highly suspicious.As for the Delaware incorporation, a “certificate of formation” published on the Laser Online website reveals it was done through Harvard Business Services.Harvard Business Services offer company formation services in Delaware. The address featured on the certificate…