MLM Detective POSTS

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AuLives Review: SGC Ponzi points OneCoin clone

AuLives provides no information about who owns or runs the company on its website.The AuLives website domain (“aulives.com”) was privately registered on May 29th, 2018.
An address in Dubai is provided on the AuLives website. Multiple businesses operate out of the same address however, suggesting the address actually belongs to a virtual office provider.
AuLives has an official corporate YouTube channel, on which there are several marketing videos.
These videos reveal the co-founders of AuLives to be Parwiz Daud and Mansour Tawafi.
Up until very recently, Daud and Tawafi were prominent promoters of the OneCoin Ponzi scheme.

On December 4th, 2017, Ted Nuyten’s Business For Home…

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Jeunesse California class-action alleges “no retail” pyramid scheme

Huiqin Xiong signed up as a Jeunesse distributor in August, 2015.Xiong, who goes by the name “Helen”, claims to have lost “approximately $10,000” trying to work her Jeunesse business.
On August 10th Xiong filed a class-action lawsuit against Jeunesse in California.
Jeunesse Global and top distributor Kim Hui are named defendants in the suit.
According to Xiong, Hui makes over $6 million a year as a Jeunesse distributor.
Xiong asserts Hui earns her money not from selling Jeunesse products to retail customers, but from
distributors signed up below her on the tall pyramid Defendants have constructed.
In support of this allegation, Xiong quotes Hui as stating “in…

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USI-Tech begs Ponzi victims to use TechCoinDeals

Thought the USI-Tech Ponzi scheme had completely collapsed?Yeah, not quite.
USI-Tech had initially planned to exit-scam through the TechCoin ICO.
Y’know, the usual stuff: Promise the shitcoin will moon, get it listed on some shady exchanges and then convert unpayable Ponzi ROI balances to TechCoin and do a runner.
Fortunately USI-Tech’s plans were interrupted by pesky US regulators. Nevertheless they did manage to launch TechCoin and keep a few investors strung along.
Unfortunately adoption of TechCoin isn’t where USI-Tech wants it to be just yet.
USI-Tech is still trying to get TechCoin listed on an exchange. To further that goal they’ve set up “TechCoinDeals”.
TechCoinDeals is an…

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Zhunrize victims recover $41.2 million, claims process concludes

A Fourteenth Status Report has been filed by the Zhunrize Receiver, revealing that the victim claim process will wrap up this quarter.To date the Receivership has returned $41, 228, 972 to Zhunrize victims, most of whom are from Asia.
As of June 30th, 2018, $282,124 worth of checks have been undeliverable, with an additional $14,460 in six checks issued in the second quarter outstanding.
The Receiver has made multiple attempts to contact these victims to obtain correct delivery addresses but has been unsuccessful.
To that end, the Receiver will cease further attempts to deliver these distributions.
The Receiver does not intend to reissue any of the…

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PosMiners Review: 45 day ROI bitcoin & gold poker Ponzi scheme

The PosMiners website provides no information about who owns or runs the company.The PosMiners website domain (“posminers.com”) was privately registered on December 10th, 2017.
At the time of publication Alexa estimate that Armenia makes up 51% of traffic to the PosMiners website. This suggests that whoever is running PosMiners is probably based out of Armenia itself.
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.
PosMiners Products
PosMiners has no retailable products or services, with affiliates only able to market PosMiners affiliate membership itself.
The PosMiners Compensation…

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Holiday Coin Club Review: Matrix cycler with a mandatory travel twist

The Holiday Coin Club is anti-consumer and does nothing to encourage retail sales.Visitors to the website are informed they require “exclusive access” to the Holiday Coin Club website, through an affiliate referral link.
A “company information” link is present at the bottom of the website, however this redirects to a new page where only a shell company address in the Marshall Islands is provided.
The Marshall Islands is a known tax-haven and not somewhere you’d expect a reputable MLM company to provide a corporate address in.
The Holiday Coin Club website domain (“holidaycoinclub.com”) was first registered in 2017.
The domain registration was last updated on…

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Monetriza Review: Altcoin dump laundering with pyramid recruitment

Monetriza provides no information on their website about who owns or runs the business.The Monetriza website domain (“monetriza.com”) was privately registered on October 12th, 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.
Monetriza Products
Monetriza has no retailable products or services, with affiliates only able to market Monetriza affiliate membership itself.
The Monetriza Compensation Plan
Monetriza affiliates invest $300 to $1500 and receive the current value equivalent of dumped altcoin cryptocurrencies.

$300 package = $300 worth of dumped altcoins
$500 package = $500 worth of dumped altcoins
$1500…

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Some Herbalife distributors get arbitration, venue change to California

Following on from yesterday’s coverage of the class-action Herbalife “Circle of Success” lawsuit, a ruling has been made on filed arbitration and change of venue motions.As per the ruling, only plaintiff distributors who signed a Herbalife Distributor Agreement with an arbitration clause are subject to it.
Plaintiffs this affects are Jen and Michael Lavigne, Cody Pyle and Felix Valdez. The remaining distributor plaintiffs are able to continue with the case.
With respect to Herbalife’s requested change of venue to California, once again only distributor plaintiffs who signed an agreement with a forum selection clause are affected.
That being distributor plaintiffs Jen Ribalta, Patricia and…

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OneCoin reveals OFC cookie-cutter ERC20 smart contract token

Y’know all those OneCoin points y’all been investing in since 2014 on that non-existent blockchain?Yeah… forget about them. Over the next year OneCoin wants you to invest even more money in a to be launched OFC ERC20 token.
Earlier today OneCoin revealed it’s latest “big announcement”, regarding what many desperate investors were hoping for a OneCoin points public trading date.
That didn’t happen, with OneCoin instead announcing a new OFC ERC20 token ICO.
Without getting too technical, OFC will be a new set of points available for OneCoin affiliates to invest in.
Rather than use OneCoin’s non-existent blockchain, instead OFC will be launched on the…

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OneCoin reveal OFC cookie-cutter ERC20 smart contract token

Y’know all those OneCoin points y’all been investing in since 2014 on that non-existent blockchain?Yeah… forget about them. Over the next year OneCoin wants you to invest even more money in a to be launched OFC ERC20 token.
Earlier today OneCoin revealed it’s latest “big announcement”, regarding what many desperate investors were hoping for a OneCoin points public trading date.
That didn’t happen, with OneCoin instead announcing a new OFC ERC20 token ICO.
Without getting too technical, OFC will be a new set of points available for OneCoin affiliates to invest in.
Rather than use OneCoin’s non-existent blockchain, instead OFC will be launched on the…