MLM Detective POSTS

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Barrel Review: Texas oil drilling = 7300% annual ROI?

Barrel provides no information on their website as to who owns or runs the business.The Barrel website domain (“barrel.company”) was privately registered on August 10th, 2017.
In the “documents” section of their website, Barrel provides an Arkansas incorporation certificate for “American Barrel LLC”.
As per Arkansas Secretary of State records, American Barrel LLC was incorporated on October 13th, 2017.
The incorporation agent is Incorp Services Inc., who provide company incorporation services across the US.
Thus Barrel appears to be a shell company, with no actual physical operations in the US.
Broken English on the Barrel website suggests it was designed by a non-English native speaker.
Alexa meanwhile…

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Bad faith lawsuit against doTerra costs Young Living $1.8 million

Back in 2012 Young Living filed a trademark infringement lawsuit against doTerra.doTerra claimed Young Living’s lawsuit was full of “baseless allegations” and part of ‘a sinister and desperate marketing campaign to try to halt doTERRA’s remarkable ascension‘.
In June 2017 Young Living’s claims were dismissed and they lost the case.
Said doTerra at the time through a press-release;
Not surprisingly, a jury of our peers found no merit in Young Living’s allegations and rejected every single one of Young Living’s claims for damages.
Young Living’s abuse of our judicial system in an effort to slander doTERRA is finally over.
Not content with just winning the case,…

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BitConnect lawsuits update, July 2018 (class-action mergers)

Over the last month we’ve covered the addition of YouTube as a defendant in the BitConnect class-action filed in Florida.Here’s our July update on the other BitConnect cases filed across the US.
Following on from YouTube being added as a defendant, Charles Wildes’ BitConnect lawsuit has emerged as the primary case to follow.
On June 19th an order approved the appointment of a Lead Plaintiff (the BitConnect Investor Group), their attorneys (co-lead counsel) and the creation of an “Executive Committee”.
The Executive Committee is made up of three law firms who ‘will assist with this litigation at the direction, and under the supervision of,…

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Noble 8 Revolution collecting fees, continue to delay commissions

Question: As a Ponzi cycler admin, what’s better than collecting the majority of invested funds through pre-loaded positions?Answer: Not paying anyone and keeping all of the money for yourself.
Noble 8 Revolution’s admins have redefined the gullibility of Ponzi investors. Mark Campese and Blaine Williams have been collecting $25 membership fees since January, and to date haven’t paid out a cent to their affiliates.
Jim Anderson was part of the original Noble 8 Revolution management but abandoned his executive position a few weeks ago.
In a Noble 8 affiliate call a few days ago, Campese disclosed Anderson has retained his Noble 8 Revolution earning…

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Nui CEO Darren Olayan claims securities regulation doesn’t exist

Nui CEO Darren Olayan has taken to Facebook to claim the securities regulations behind a recently served cease and desist don’t exist.Texas issued Olayan, Nui, Mintage Mining and Symatri with a securities fraud cease and desist on July 11th.
At a corporate level Nui has vowed to “vigorously defend” Texas’ alleged securities fraud violations, although what that specifically entails remains unclear.
Olayan’s bizarre regulation claim meanwhile was made in a Facebook video published a few hours ago.
Filming while walking down a suburban street, Olayan claims he’s “amped out of his mind” after “taking serious phone calls” all day.
Despite speaking in the video for…

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Michael Force “uncooperative”, unpaid attorneys want out ($90,000+)

The client relationship between Michael Force and his attorneys has reached breaking point, with all three requesting permission to withdraw from the case.Suggesting he was aware of an investigation well before the FTC’s January 29th filed complaint, on January 15th Force hired three attorneys to represent them.
The same attorneys also represented co-defendants Digital Altitude, Mary Dee and Thermography for Life.
Since January Force (right) and his co-defendants have racked up over $90,000 in legal fees.
Back in May Force and Mary Dee demanded access to $100,000 in fraudulently obtained funds to fund their legal defense. The motion remains pending.
Signaling they believe the motion…

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Nui and Mintage Mining to “vigorously defend” securities cease & desist

Although we’d caught wind of it a day before, yesterday Nui published it’s official response to the Texas cease and desist.Following months of assurances that Nui, Mintage Mining, Symatri and the Kala altcoin had been signed off on by “top law firms in the US”, Texas issued the company with a securities fraud cease earlier this week on Wednesday.
In light of the notice, Nui has advised affiliates it has “cease(d) offering” its products ‘in the state of Texas for the time being‘.
Despite Texas securities law being materially indifferent from federal securities law, Nui and owner Darren Olayan are continuing to offer unregistered…

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Eyeline Trading seek to avoid regulation through unbranded advertising

With Eyeline Trading shaping up as the next USI-Tech, owner and CEO Dan Putnam is doing everything he can to prolong a US regulatory investigation.The latest has seen Eyeline Trading demand affiliate investors remove any reference to the company in their marketing efforts.
Promotion of Eyeline Trading is in full swing. The usual suspect Ponzi kingpins from recently collapsed scams have been locked in.
They’re currently in the process of placing their immediate downlines (victims from previous scams), after which the public will be lured in to recoup losses and generate additional profit for those at the top.
Here’s an example of how Eyeline…

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DagCoin mimics OneCoin’s OneLife with “Success Factory”

Further cementing DagCoin as a clone of the OneCoin Ponzi scheme, comes the introduction of Success Factory.Success Factory was announced back in March at a Dubai DagCoin rahrah gig for top investors.
Here’s how the spin-off is marketed on the official Success Factory website:
We believe that the world has gone through a massive shift in the last 10-20 years. Computers, the internet, artificial intelligence, cryptocurrencies and other new technologies have changed almost every industry.
Every industry, except one – the school system.
We believe that every modern school should teach the newest technologies, new possibilities and show how we all can benefit from them….

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Amazing Living offer affiliates Xalles Holdings shares. Um, why?

A few months ago we covered Amazing Living’s apparent unregistered securities offering.So the offer went, a prepaid debit card was to be distributed to Amazing Living affiliates. Through use of the card, stock in an undisclosed company would be awarded.
The name of the company stock was to be issued from was not disclosed. And since the late April announcement, details of Amazing Living’s debit card stock offering have since been wiped from the internet.
Now the company is back with a new stock offering, tweaked and this time with a little more disclosure.
Amazing Living’s new stock offering appears to have come about…