MLM Detective POSTS

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WorldVentures pyramid scheme warning issued in Rwanda

Following an internal investigation into WorldVentures by Rwandan authorities, yesterday the Rwanda Development Board issued a pyramid scheme warning to the public.The RDB’s announcement, signed off on by CEO Clare Akamanzi, states that WorldVentures is operating in Rwanda illegally.
According to the RDB, the illegality of WorldVentures in Rwanda is two-fold;
Firstly the company is not registered to do business in Rwanda, as required by law.
Yet despite this, the RDB claims to have observed
some company representatives (claiming) they have authorization from the Rwanda Development Board and other Government entities – a false claim, intended to delude the public.
Secondly, writes the RDB;
Having investigated the…

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FutureAdPro Ponzi collapses, FuturoCoin exit-scam announced

To be fair, FutureNet’s FutureAdPro survived the typical two-year collapse window of most MLM Ponzi schemes.When you’re paying out more than you’re taking in though ($50 in, $60 out), things are eventually going to fall apart.
And for FutureAdPro, following several announcements, that appears to be now.
Perhaps the biggest signal FutureAdPro is on the verge of collapse is the refusal to pay ROI withdrawals in bitcoin, ethereum or several other cryptocurrencies.
In changes recently announced to FutureAdNet investors, FutureNet advised it will only be paying ROI withdrawals in FuturoCoin.
FutureNet launched FuturoCoin earlier this year. Like every other MLM altcoin, outside of FutureNet FuturoCoin serves…

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USI-Tech blames Ponzi non-payment on state of crypto mining

Rather than just admit USI-Tech was a Ponzi scheme that collapsed, owners Joao Severino, Horst Jicha and Ralf Gold continue to string investors along.In their latest communication, USI-Tech now blame non-payment on the state of the cryptocurrency mining industry.Citing unspecified “amendments in the crypto regulations”, a few hours ago USI-Tech informed affiliates;
Firstly, the mining industry has not been very lucrative and profitable for miners the last several months.
Also, some of the amendments in the crypto regulations are not in favor of the miners, making mining more pressing and challenging.
We have exhausted our resourced to stabilize the industry and make mining as rewarding…

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US authorities seek to recover $5.6B from BitConnect scammers

The leading theory behind BitConnect is that it was run by Indian scammers looking to launder funds, following devaluation of specific banknotes in late 2016.This theory is increasingly looking probable, following a request to Indian authorities by their US counterparts.
Authorities in Arizona and Illinois have written to India’s Criminal Investigation Department, seeking assistance with asset seizures.
US authorities believe the Indian scammers behind BitConnect made off with around $5.6 billion in invested funds.
If that figure is accurate, BitConnect is easily the biggest MLM Ponzi scheme to date – eclipsing the SEC’s 2014 bust of TelexFree (~$3 billion).
Indian authorities are actively investing BitConnect,…

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Green Life Review: Affiliate pack pyramid recruitment

Green Life provide no information on their website about who owns or runs the business.The Green Life website domain (“thegreenlifecompany.com”) was registered on September 4th, 2017.
“GREEN LIFE company” is listed as the domain owner. An address is missing although France is listed as the owner’s country of residence.
The Green Life website is in French although there is also specific marketing toward Africa. Two examples are Green Life affiliate packs, named “RP1-Europe” and “RP1-Africa” respectively.
Some African countries speak French as their national language. It’s a safe bet whoever is running Green Life is based out of France itself or one of these African…

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Touch Life Global Review: Jesus powered seven-tier matrix cycler

Touch Life Global claims to be a ‘non- governmental organization register(ed) and established in Nigeria‘.As to who specifically owns and runs Touch Life Global, the company fails to provide that information.
The Touch Life Global website domain (“touchlifeglobal.org”) was privately registered on July 28th, 2018.
The African link seems to check out, with Alexa citing Ghana as the primary source of traffic to the Touch Life Global website (75%).
Interestingly enough, when I punched in the provided Nigeria address on the Touch Life Global website into Google, I was taken to a shed that had Alliance in Motion marketing on it.

As of January 2017…

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Trinity Mining Review: Renewable energy crypto mining Ponzi

Trinity Mining provides no information on their website about who owns or runs the business.The Trinity Mining website domain (“trinitymining.tech”) was privately registered on February 15th, 2018.
A corporate address in Panama is provided on the Trinity Mining website. Further research however reveals the address actually belongs Regus, meaning it’s virtual in nature.
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.
Trinity Mining Products
Trinity Mining has no retailable products or services, with affiliates only able to market Trinity Mining affiliate membership itself.
The Trinity Mining…

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NuMedia Review: TVizion piracy continues through shell company

TVizion was a pirated streaming service offered through 247 SmartLife.A few months ago Dish Network sued 247 SmartLife, TVizion and owner Ferras Jim Pshehalouk for copyright infringement.
In response to the lawsuit, Pshehalouk took down the TVizion website. The 247 Smartlife website is still up but traffic wise is pretty much dead.
Rather than defend the Dish Network lawsuit, Pshehalouk just ignored it.
In late July default was entered against 247 SmartLife, TVizion and Pshehalouk, with damages yet to be determined.
In the meantime, 247 Smartlife affiliates were told TVizion had been acquired by NuMedia for around $220 million.
Other than claiming to be a “Nevis corporation”,…

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Crowdfunding International claims funds seized by Dutch authorities

Crowdfunding International’s business model is simple:You buy in for 200 EUR and then, through a series of matrix cycler tiers, steal money from affiliates who buy in after you.
Naturally when recruitment of new affiliates slows down, the scheme collapses.
Rather than simply acknowledge that happened, Crowdfunding International published a “letter from our lawyer” on August 30th.
In the letter, the attorney Johan Vissers claims the Dutch government has seized an undisclosed amount of funds.
The thrust of Vissers’ letter, addressed to Crowdfunding International management, is to convince victims their funds haven’t disappeared.
In the letter Vissers claims the Dutch government
thought it was likely (Crowdfunding International)…

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Cellis Review: Valentus “healthy coffee” spinoff?

Cellis operate in the nutritional supplement MLM niche and are based out of Texas in the US.The company is headed up by Cellis’ Founder and CEO, Korey Johnson.
It’s worth noting that Johnson (right) resides in North Carolina, which is presumably where Cellis is actually operated from.
As per Johnson’s Cellis corporate bio, he has ‘29 years in industry with high level field leadership experience‘ and has been a ‘6-figure earner in multiple companies‘.
Two MLM companies I was able to tie Korey too were Waiora (circa 2010) and more recently, Valentus (2017).
Johnson appears to have left Valentus in late 2017 or early 2018,…