MLM Detective POSTS

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Multi-Buy World Review: €50 EUR adcredit Ponzi with e-commerce

Multibuy World provide no information on their website about who owns or runs the company.On its website Multibuy World claims it was initially launched in Italy as Promo Italia.Multibuy Srl was founded 23 years ago in Italy under the name PromoIitalia and was renamed to Multibuy srl in 2014.Today, Multi-Buy is a very successful Travel/E-Commerce Company in Italy!This appears to be porky pies for a number of reasons:I couldn’t find any information about Promo Italia within the MLM spacethe Multibuy World website domain (“multibuyworld.com”) was only registered on October 31st, 2016Multibuy World claims to be “very successful” with 150,000 customers, yet Alexa…

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Stella & Dot Review: Fashionable jewelry, bags and accessories

Stella & Dot launched back in 2003 and operate in the fashion and jewelry MLM niche.The company was founded by Jessica Herrin and originally began life as Luxe Jewels.According to an interview with The Everygirl, Herrin came up with the idea for Luxe Jewels in an elevator at a Mary Kay convention.it wasn’t until Jessica met fellow Stanford grad, Blythe Harris, at an alumni event that they realized with Jessica’s original vision and Blythe’s creativity that they could re-launch this social-selling model under a new name, Stella & Dot (named after their grandmothers).Herrin (right) serves as Stella & Dot’s CEO, Harris…

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Big Profit System Review: Oldschool postcard cash gifting

Big Profit System provide no information on their website about who owns or runs the business.The Big Profit System website domain (“bigprofitsystem.com”) was initially registered on June 17th, 2012. The registration was last updated on June 3rd, 2016.The Big Profit System domain was registered privately, so it provides no information on who owns it.As per the Big Profit System terms and conditions, the company feeds signups into a third-party business.The Company referenced in the BPS videos is an independent entity and BPS simply provides a marketing system for that company’s Independent agents to use to assist them in producing sales.The name of…

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WelFunding Review: 4×7 matrix bitcoin cash gifting

WelFunding provide no information on their website about who owns or runs the business.The WelFunding website domain (“welfunding.com”) was first registered on the 5th of March, 2016. The registration was recently updated on the 13th of March, 2017.The WelFunding domain has been registered privately and doesn’t provide any information on who owns it.At the time of publication Alexa estimate the top two sources of traffic to the WelFunding website are Japan (69%) and Germany (14%).It is highly likely that whoever is running WelFunding is also based out of Japan and/or Germany.As always, if an MLM company is not openly upfront about who…

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USFIA civil fraud charges settled for $200 million dollars

Back in January a proposed $145.4 million dollar settlement between Steve Chen and the SEC was filed.On March 13th Judge Klausner approved the settlement proposal and ordered Final Judgement against Chen.As per Judge Klausner’s March 13th order, Steve Chen is “permanently restrained and enjoined” from further violating the Securities and Exchange Act.On the money side of things Chen along with entity companies he previously owned were also held liable for a $51.2 million dollar disgorgement payment plus a $16.7 million civil fine.$3.7 million dollars in interest in prejudgment interest was also awarded.Chen has fourteen days from the order date (March 13th) to…

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Zeek Rewards victims recover up to 75% of losses

Remember when Zeek Rewards’ net-winner affiliates were running around telling the people they scammed the US government and Receiver were just looking to keep invested funds for themselves?In a March 15th press-release, the Zeek Receiver has announced that, following a third distribution, Zeek victims have now received back up to 75% of their losses.The Receiver’s third distribution saw 122,335 checks totaling $67.5 million sent out to victims.If you previously have received a distribution payment from the Receivership, you will receive another payment in this distribution.If you had recovered more than 60% from ZeekRewards prior to its shutdown, but less than 75%…

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Hidden Gem Review: 2×7 matrix-based cash gifting

Hidden Gem provides no information on its website as to who owns or runs the business.The Hidden Gem website domain (“hiddengem.cash”) was privately registered on February 3rd, 2017.A marketing video on the Hidden Gem website is hosted on a YouTube account bearing the name “Dana Owens”.Dana Owens (right) first popped up on BehindMLM’s radar last year, as admin of the Connect 4 cycler Ponzi.At the time of publication the Connect 4 website domain was unresponsive.Other MLM opportunities promoted on Owen’s YouTube channel over the past year include Vida Divina (autoship recruitment), Nspire Network (negative-ion period pads) and iPro Network (OneCoin Ponzi clone). Owen…

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Donation To You Review: Six-level deep bitcoin gifting scheme

Donation To You provide no information on their website indicating who owns or runs the business.The Donation To You website domain (“donationtoyou.com”) was privately registered on November 30th, 2016.At the time of publication Alexa estimate Spain is the largest source of traffic to the Donation To You domain. Also of note is that the Donation To You website uses name-servers hosted in Brazil.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.Donation To You ProductsDonation To You has no retailable products or services,…

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Super Cash Pay Review: $3191 matrix-based cash gifting scheme

Super Cash Pay provide no information on their website about who owns or runs the business.The Super Cash Pay website domain (“supercashpay.biz”) was privately registered on February 20th, 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.Super Cash Pay ProductsSuper Cash Pay has no retailable products or services, with affiliates only able to market Super Cash Pay affiliate membership itself.Once signed up, Super Cash Pay affiliates gift funds to each other. Bundled with these gifting payments are ad credits and access to…

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Simple Health International Review: Moringa oleifera & recruitment

Simple Health International provide no information on their website about who owns or runs the business.The Simple Health International website domain (“simplehealthint.com”) was privately registered on February 4th, 2017.The Simple Health International domain currently uses the name-servers of TPSU (“tpsu.biz”).The TPSU website reveals the CEO of the company is John Dierksmeier.John Dierksmeier (full name John Dierksmeier Quesada) first popped up on BehindMLM’s radar in 2015 as the owner of 2×2 Wealth, a matrix cycler.Other MLM opportunities Dierksmeier has since launched include Only7Bucks, Cafe Nopal, Eco Plus Network, My Secret Fortune and EZAdsNet and Amazing Pre Builder.Earlier this year In January Dierksmeier launched Fund Your Success, a $10 Ponzi cycler.Alexa…