MLM Detective POSTS

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OneCoin received money laundering tip off from government official

Insight into how OneCoin seemingly manage to keep one step ahead of authorities has surfaced, courtesy of a District Court judgment in Germany.The case involved a government tax official facing allegations he tipped off a friend about a money laundering investigation.
Back in September 2016 a OneCoin related €28,000 EUR transfer request to Singapore aroused the suspicion of a bank employee.
As reported by SWP DE, the employee noted, among other things, the “desolate financial position” of one of the OneCoin affiliates. Specific details were not elaborated on.
As required by the law, the bank in question acted on their employee’s suspicion and filed…

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Multi-Buy World’s bank accounts terminated, withdrawals suspended

Multi-Buy World surfaced in early 2017 and are fast approaching the two-year period in which most online Ponzi schemes collapse.The business appears to be winding down on schedule, following the company’s claim its bank accounts have been terminated.
The Alexa traffic chart for the Multi-Buy World website suggests recruitment tanked last November.
Currently the scheme is being kept alive primarily through activity in the UK and Denmark, who together provide 81% of traffic to the MultiBuy World website.
As per a July 17th press-release on the Multi-Buy World website;
We have unfortunately been practically put on hold because of reasons outside of our control and…

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CGI Global promise millions in earnings through Magellan International

CGI Limited surfaced earlier this year as new entry into the MLM cryptocurrency niche.Combining unregistered securities with cryptocurrency gambling through Coinsinos, CGI Limited planned to operate via its betchips altcoin.
Since our February 2018 CGI Limited review, the company has rebranded itself as CGI Global.
Coinsinos appears to have been abandoned, with CGI Global touting millions through something called “Magellan International Alliances, Corp.”
As per a CGI Global social media update dated June 18th;
CGI, Ltd., has always been a temporary brand, while carefully determining the strategic branding and marketing strategy around the name Magellan.
We were able to obtain the domain, MagellanInternational.com.
Magellan International Alliances, Corp., has…

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179,000 EUR linked to OneCoin tax fraud seized in Finland

A District Court in the Ostrobothnia region of Finland has approved the seizure of €179,000 EUR.The order was made against a Finnish OneCoin affiliate, who is a suspect in a criminal case related to tax fraud.
After receiving a tip-off, Finnish police launched a criminal investigation into the suspect.
The investigation focused on ‘a sum of money in the man’s account … he was not taxed for‘.
In an attempt to explain why he failed to declare his ill-gotten gains to authorities, the OneCoin affiliate claimed
the money was not his, but he held the money in his account on behalf of another lesser person.
Finnish media report…

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“No timeframe” for WorldVentures unpaid commissions

As WorldVentures continues to pursue litigation in an attempt to stop those who leave from earning elsewhere, unpaid commissions has emerged as the primary reason for affiliate departures.The latest development is the disturbing revelation that WorldVentures has “no timeframe” for unpaid commissions.
How much WorldVentures owes affiliates in unpaid commissions is unclear. We know the company hasn’t paid Carlos Rogers almost $100,000, but beyond that there’s been a wall of silence.
I suspect this is due to those owed money not wanting to speak out in fear of jeopardizing payment.
As I understand it top affiliates have the choice of continuing to work unpaid,…

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Triple Penny Crypto Review: $1000 min deposit cloud mining Ponzi

Triple Penny Crypto provide no information on their website about who owns or runs the business.The Triple Penny Crypto website domain (“triplepennycrypto.com”) was privately registered on January 25th, 2018.
Despite its website domain only having been registered 6 months ago, Triple Penny Crypto claims to have been in business since 2010.
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.
Triple Penny Crypto Products
Triple Penny Crypto has no retailable products or services, with affiliates only able to market Triple Penny affiliate membership itself.
The Triple Penny…

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Quaestor Solutions Review: Quaestor coin & pyramid recruiting

As I write this the Quaestor Solutions website is returning a database error.Perusal of Google’s cache of the website reveals the website appears to still be under development.
The Quaestor Solutions website domain (“quaestor-solutions.com”) was privately registered on April 16th, 2018.
Further research reveals an official Quaestor Solutions webinar hosted by Keld Mathiesen. Mathiesen credits himself as Quaestor Solutions’ “Founding Master Distributor”.
In the webinar, Mathiesen cites Svend Rasmussen (right) as owner of the company.
Prior to launching Quaestor Solutions, Rasmussen was promoting IZEcoin through an affiliate opportunity called “20 Again”.
Here’s how Rasmussen pitched 20 Again on Twitter:

IZEcoin was a pointless altcoin launch that by…

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DGold Review: Wacky sun gazers launch DGold Coin Ponzi points

DGold cite three Directors on their company website; Miroslav Kiš (General Director), Nikola Aleksić (Executive Director) and Dragan Davidovac (Director of Marketing).No information about any of DGold’s Directors is provided.
The DGold website domain (“dgoldcurrency.com”) was registered on February 19th, 2018.
“Sungazing Organization” (Sungejzing Organization) is listed as the owner, through an incomplete address in Vojvodina, Serbia.
The DGold website credits Kiš (right) as President of the Sungazing Organization.
Sungazing Organization appears to be some cult in Serbia that believes humans can live on solar energy alone.
Here’s some footage from Serbian TV in which Kiš explains what Sungazing Organization is all about:
[embedded content]
All three of DGold’s Directors appear to be based…

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Ma Vie International Club Review: ICO lending Ponzi without the ICO

Ma Vie International Club, not be confused with MaVie), provides no information on their website about who owns or runs the business.The Ma Vie International Club website domain (“mavieint.com”) was privately registered on April 13th, 2018.
A suite address in Mauritius is provided, however a Google search reveals multiple businesses using the same address.
This suggests the address is virtual in nature and Ma Vie International Club has no actual physical operations in Mauritius.
At the time of publication Ma Vie International are not accepting affiliates outside of South Africa.
This strongly suggests the company is being run from within South Africa itself.
Alexa traffic estimates…

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M.Network rebrands as M.Global, terminates dissenting affiliates

In the wake of Jamberry Nails collapse and subsequent acquisition my M.Network, brand loyal affiliates claim they were under the impression they’d be able to continue their nail wrap focused business with minimal disruption.Those hopes have now been dashed, following yesterday’s announcement that M.Network plans to rebrand as M.Global.
The company name change to M.Global was presented to affiliates yesterday as a “brand refresh”.
Speaking onstage at a company event in Nashville, Tennessee, M.Network’s Senior Vice President, Dave Webb, revealed M.Global and the company’s new logo.
We are a united group. We are not “M” and Jamberry.
Have you noticed that? We’re “M”.
In line with…