LitUpp Review: €197 EUR video-based personal development courses

September 3, 2017 0

LitUpp operate in the personal development MLM niche and claim to be ‘located in the heart of London‘.The company is headed up by CEO and Founder, Kjenneth Holm. On Twitter Holm cites his location as Copenhagen, Denmark.A Facebook page for “LitUpp Development A/S” also cites a location in Copenhagen, Denmark. On Instagram Holm claims he’s the founder of LitUpp development A/S.Whether LitUpp is run out of the UK or Denmark however is unclear, but at least as far as management goes it appears to be based out of Denmark.Elsewhere on the internet Holm (right) is described as an “entrepeneur and speaker”.LitUpp itself…

Lil Bud 2 Big Dog Review: Two-tier 3×4 matrix bitcoin Ponzi cycler

September 2, 2017 0

Lil Bud 2 Big Dog provide no information on their website about who owns or runs the business.The Lil Bud 2 Big Dog website domain (“lilbud2bigdog.com”) was privately registered on August 17th, 2017.A marketing video on the Lil Bud 2 Big Dog website is hosted on a YouTube account bearing the name “opitimusx”:OpitimusX is an alias of Sherm Mason.Sherm Mason first popped up on BehindMLM’s radar as the admin of Magnetic Builder.Magnetic Builder was a $29.95 recruitment scheme launched in 2011.In 2015 Mason (right), launched at least five dubious schemes:In 2016 Mason doubled down on his efforts and launched Elite Pay Alliance (matrix-based cash…

MinerWorld Review: 12 month cryptocurrency mining ROI & recruitment

September 2, 2017 0

MinerWorld provide no information on their website about who owns or runs the business.The MinerWorld website domain (“minerworld.com.br”) was first registered on September 7th, 2014. Cícero Saad Cruz is listed as the owner.On July 23rd, 2017, Cruz (right) appears to have removed his contact details from the domain registration.Further research reveals prior to the change, the MinerWorld domain registration listed an address in Mato Grosso, Brazil.This is presumably where Cruz is located and from where MinerWorld is being operated from.In MinerWorld marketing material Cruz goes by “Cicero Saad” and is credited as CEO and President of the company.According to the website JusBrasil,…

Apriori Beauty Review: Personal care with affiliate autoship recruitment

September 1, 2017 0

Apriori Beauty launched in late 2009 and operate in the personal care MLM niche.The company is based out of California in the US and headed up by co-founders Susan Twellman, Elizabeth Vervynck and Candace Keefe.As per her corporate bio, prior to founding Apriori Beauty Twellman (right) worked for UPS and Quest Software.I was very fortunate to also help take Quest public before leaving to start my own wealth management company that I still manage today, along with a wine procurement and storage facility.Elizabeth Vervynck (right) ran a design and marketing business with her sister.One of their clients was Arbonne, another personal care MLM…

Legal opinion claims USI-Tech’s unregistered securities legal in the US?

August 30, 2017 0

In what is shaping up the be the latest MLM attorney blunder, the law firm Hart & David have purportedly put their stamp of approval on USI-Tech.For those unfamiliar with the company, USI-Tech initially combined pyramid recruitment with an automated forex trading platform.USI-Tech affiliates deposited €600 EUR on the promise of an entirely automated and passive ROI.On or around May, 2017, USI-Tech expanded their offering to include a bitcoin trading investment opportunity.In exchange for a €50 EUR deposit, USI-Tech affiliates are promised a 1% daily ROI for 140 days (140%).With USI-Tech actively marketing in the US and this business model setting…

Belize issues second OneCoin warning

August 30, 2017 0

In what appears to be a followup to their initial warning back in March, Belize’s International Financial Services Commission has issued a second warning against OneCoin.The IFSC’s first warning identified OneLife Network Limited as “an international business company registered in Belize”.At the time of publication OneLife still provide a corporate address in Belize on their website.The IFSC claimed OneCoin had not obtained a required license and thus was conducting business illegally.Despite representing they cooperate with authorities, OneCoin to date have failed to register with IFSC.As per a new August 25th warning, the IFSC reaffirmOneLife Network Limited … is not licensed by…

NWorld Review: Personal care skin whitening & nutritional supplements

August 29, 2017 0

NWorld, also known as Alphanetworld Corporation, was founded in the Philippines in 2015.The company is registered with the Philippine SEC and appears to be up to date with their registration filings.NWorld operates in the personal care MLM niche and is headed up by President and CEO, Juluis Nolasco (right).According to Nolasco’s NWorld corporate bio, hestumbled upon MLM … more than 15 years ago.I saw how this great opportunity affords people, regardless of age, gender, socioeconomic status and educational background, a fair and promising means to make their lives better.I took the leap of faith and soon found myself engross with this…

$39.1 million returned to Zhunrize Ponzi victims

August 29, 2017 0

Last we checked in the Zhunrize Receiver had sought approval for 2858 victim claim payouts, coming in at $41 million.Zhunrize affiliates had initially filed for $99 million in losses, however $58 million in claims were deemed bogus.On March 10th the Receiver’s request was granted, paving the way for victim claim distribution.Victim checks were sent out early in the second quarter of 2017, with 94% of checks sent out cleared.That represents 2638 of the 2812 claim checks sent out, or in dollar terms $39.1 million out of $41.4 million in allowed claims.In an attempt to have the remaining checks clear, the Receiver…

Xtreme Coin Review: 2×2 matrix bitcoin Ponzi cycler

August 28, 2017 0

Other than claiming to be Xtreme Coin provide no information on their website about who owns or runs the business.The Xtreme Coin website domain (“xtremecoin.com”) was privately registered on May 30th, 2017.This is somewhat ironic, as Xtreme Coin claim it is run by “real people” who “believe in transparency and accountability”.In an Xtreme Coin marketing video titled “Xtreme Coin Launch”, published to Darren Little’s YouTube channel, Ari Maccabi claims[5:33] We found out the main owner of the business is actually the guy behind Ingreso Cybernetico.Ingreso Cybernetico was a matrix cycler Ponzi scheme launched in 2014.Alexa traffic estimates show a sharp decline…

LeaderBit Review: 13% daily bitcoin ROI?

August 28, 2017 0

LeaderBit provide no information on their website about who owns or runs the business.The LeaderBit website domain (“leaderbit.biz”) was privately registered on July 17th, 2017.LeaderBit Limited was incorporated in the UK on July 21st, 2017.The address used to incorporate LeaderBit Limited belongs to Corporation House, who provide company formation and virtual office services.Eddy Smith is listed as the sole Director of LeaderBit, using the same virtual office address.As such it’s highly likely that Eddy Smith doesn’t actually exist. LeaderBit Limited is little more than a shell company that exists in the UK in name only.As always, if an MLM company is…