Gold Rush Cash Review: $100 in, $5700 out 2×2 matrix Ponzi cycler

May 8, 2017 mlmdetective 0

Gold Rush Cash provide no information on their website about who owns or runs the business.The Gold Rush Cash website domain (“goldrushcash.net”) was privately registered on April 5th, 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.Gold Rush Cash ProductsGold Rush Cash has no retailable products or services, with affiliates only able to market Gold Rush Cash affiliate membership itself.The Gold Rush Cash Compensation PlanGold Rush Cash affiliates purchase positions in a four-tier 2×2 matrix cycler.A 2×2 matrix places a Gold Rush…

Macau police fail to prevent OneCoin event, Gerlach Report fake news?

May 8, 2017 mlmdetective 0

With affiliates unable to withdraw their Ponzi points, the stakes for OneCoin have never been higher. The 2018 date for going public has bought the company some time but alone isn’t enough to placate affiliates who’s invested and lost money.Enter the glitzy global event in Macau, which serve as a distraction from the predicament OneCoin affiliates find themselves in.On April 27th the German website Gerlach Report published an article titled “OneCoin: Meeting in Macau prohibited by China” (auto translate).This was followed up on May 1st with another article titled, “OneCoin: Macau police want to arrest leadership”.I covered the initial report here on BehindMLM….

Collective Finance Review: 40% monthly ROI MMM Global clone

May 7, 2017 mlmdetective 0

Collective Finance provide no information on their website about who owns or runs the business.The Collective Finance website domain (“collectivefinance.com”) was registered on the 14th of March, 2017. Fedor Nikolov is listed as the owner, with an address in Saratov Oblast, Russia also provided.Possibly due to language-barriers, I was unable to find any additional information on Nikolov.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.Collective Finance ProductsCollective Finance has no retailable products or services, with affiliates only able to market Collective Finance affiliate membership…

Ultimate Bitcoin Builder Review: 0.02 BTC matrix cycler subscriptions

May 7, 2017 mlmdetective 0

Ultimate Bitcoin Builder provide no information on their website about who owns or runs the business.The Ultimate Bitcoin Builder website domain (“ultimatebitcoinbuilder.com”) was privately registered on March 3rd, 2017.The official Ultimate Bitcoin Builder Facebook group has one admin, Mindy Davis.Having only been created a few days ago on May 2nd and featuring a stock image profile image, the account appears to be bogus.Further research reveals the Ultimate Bitcoin Builder website uses name-servers of the “m2mfunds.com” domain.M2M Funds was a cash gifting scheme launched by someone who goes by the name “omclub” on social media. In addition to Mindy Davis, omclub also…

Traffic Monsoon Receivership to continue during appeal

May 6, 2017 mlmdetective 0

Following the filing of an appeal by Charles Scoville, there’s been some uncertainty as to the status of the court-appointed Receivership.In particular, whether or not recovery efforts would continue while the appeal was being decided on.While distribution payments might not be possible pending the outcome of the appeal, the good news is the Traffic Monsoon Receivership will still continue to work towards recovering investor losses.In a May 4th letter to Traffic Monsoon affiliates, the Receiver revealed plans to release a distribution plan “as quickly as possible”.Ultimately, I will propose a “plan of distribution” to the Court that will provide for each investor who…

Zenith Gold Review: Something something gold, 2% a day ROI?

May 6, 2017 mlmdetective 0

Zenith Gold operate in the gold MLM niche and name Lenny Bruce as Operations Director of the company.No specific information about Bruce is provided, but the company does claim he hasextensive experiences in the fields of exploration, finance, development, mining & marketing (and a) proven track record of success in grassroots discovery in acquiring and developing undervalued assets and in building corporation.I myself was unable to find any third-party information about Bruce with respect to Zenith Gold.Further research reveals these claims are copy and pasted from a 2008 Lydian International press-release:As far as I can tell Lydian International is a legitimate mineral…

Chris Principe sues over lost Skyway Capital PR deal ($75,000+)

May 6, 2017 mlmdetective 0

Chris Principe had a budding career going in to bat for MLM underbelly Ponzi schemes.Having already enjoyed exposure of his Financial IT magazine for running a cover story on OneCoin and speaking at a company event, Principe was cozying up to Skyway Capital for his next gig.Like OneCoin, Skyway Capital is also a Ponzi scheme.Despite this, Skyway Capital pulled the pin on Principe’s deal after they became aware of his previous connection to OneCoin.Skyway did not want to be associated with Principe because of the adverse effect it would have on Skyway’s business, reputation and ability to find investors.In 2017, Skyway canceled its…

Be Granted Review: “Hybrid and hermetic” bitcoin gifting?

May 5, 2017 mlmdetective 0

Be Granted provide no information on their website about who owns or runs the company.The Be Granted website domain (“be-granted.com”) was privately registered on November 11th, 2016.According to Alexa, Nigeria is currently the largest source of traffic to the Be Granted website domain (26%).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.Be Granted ProductsBe Granted has no retailable products or services, with affiliates only able to market Be Granted affiliate membership itself.The Be Granted Compensation PlanBe Granted affiliates gift bitcoin to each…

Truevine Net Connect Review: 3×3 matrix cash gifting

May 4, 2017 mlmdetective 0

Truevine Net Connect provide no information on their website about who owns or runs the business.The Truevine Net Connect website domain was registered on April 5th, 2017. Adebayo Samuel from McElyon Nigeria Limited, with an address in Kaduna, Nigeria also provided.As far as I can tell, McElyon appears to be a Nigerian wood export company that has nothing to do with MLM.Possibly due to language barriers, I was unable to put together an MLM history on Samuel.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…

Fairity Life Review: Crypto trading = annual ROI of up to 2190%?

May 4, 2017 mlmdetective 0

Fairity Life provide no information on their website about who owns or runs the business.In fact at the time of publication, the Fairty Life website is only accessible with an affiliate referral link, and even then it’s nothing more than an affiliate login/sign up page.The Fairity Life website domain was registered on February 28th, 2017 and appears to contain bogus information. An address in Antarctica for “John Karna” is provided as ownership details.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.Fairity Life…