Confirmation of Ruja Ignatova’s arrest yet to surface

November 6, 2017 0

As I write this, official confirmation of Ruja Ignatova’s arrest has yet to surface.Reports out of Germany are conflicting, with authorities yet to issue an official statement.A few media publications have syndicated the initial Nbox article, but only the Gerlach Report and MLM Worldwide have published new information.According to the Gerlach Report Ignatova was arrested in relation to a an ongoing fraud investigation in Bielefeld.Gerlach report claim Ignatova is being held in a “transport cell” at Stadelheim prison in Munich.Ted Nuyten, who is believed to have received large sums of money from OneCoin and its affiliates in exchange for favorable coverage…

Wakaya Perfection barred from pursuing insider trading discovery

November 5, 2017 0

In an attempt to support claims of misconduct as the reason affiliates left Youngevity for Wakaya Perfection, the latter began exploring rumors of insider trading.These rumors were explored in depositions of Youngevity affiliates, during which Wakaya pressed them onquestions concerning securities laws of the United States or facts germane to whether any federal securities laws have been violated.Youngevity wasn’t happy about this and filed for a protective order prohibiting Wakaya from further exploring the alleged violations.Wakaya Pefection began exploring alleged insider trading violations during the deposition of Keith Halls, a Youngevity affiliate since 2013.During Mr. Halls’ deposition, counsel for Wakaya, Michael…

Ruja Ignatova arrested in Germany, report Bulgarian media

November 3, 2017 0

Despite OneCoin being in turmoil following a disastrous ICO that’s not an ICO announcement, there hasn’t been a peep out of management.With Pierre Arens walking out last month, it was expected that at some point Ruja Ignatova would come out of hiding to address OneCoin affiliates.That hasn’t proven to be the case, with a media report out of Bulgaria now claiming she was arrested in Germany a week ago.According to Nbox, Ruja Ignatova (right) was arrested by authorities as she tried to enter Germany.Nbox claims Ignatova was arrested at Munich airport, following an investigation triggered by an unnamed German bank.Nbox’s anonymous…

BitFundZA Review: 3×5 matrix bitcoin gifting scheme

November 3, 2017 0

BitFundZA provide no information on their website about who owns or runs the business.The BitFundZA website domain (“bitfundza.co”) was privately registered on August 16th, 2017.Further research reveals The BitFundZA website uses a favicon hosted on the Loop and Beyond website domain:A visit to the Loop And Beyond website reveals it to be a 1:1 clone of the BitFundZA website.The Loop and Beyond website domain was registered prior to BitFundZA on July 6th, 2017, suggesting it was a staging site before the main site went live.The Loop and Beyond website domain is registered to Ketan Singh through an apartment address in the…

The ICANetwork Review: Three-tier membership pyramid recruitment

November 3, 2017 0

Although not directly referenced, various testimonials and promotional material on The ICANetwork website identify Michael Glaspie as Founder and CEO of the company.Glaspie first popped up on BehindMLM’s radar as founder and CEO of Icanget2 last year.Glaspie (right) has been marketed on the internet for a number of years. Numerous marketing material around the internet (likely published by Glaspie himself) claims his online marketing career dates back as far as 1998.Prior to Icanget2 Glaspie was “helping others figure it out” through Team Vinh. The company credited Glaspie as “a friend and equity partner”.A Team Vinh newsletter cites Glaspie as being on Team Vinh’s…

PM International threatens Norwegian media with massive fines

November 3, 2017 0

One would think a legitimate MLM company with nothing to hide would be open to interviews, especially when they themselves initiated a request for one.Not so with PM International, who after requesting Norwegian media interview their CEO in Luxembourg, presented them with a list of outrageous demands.TV2’s Health Control program (Helsekontrollen) began investigating PM International’s FitLine range of powdered nutritional supplements.That investigation lead them to PM International’s local affiliates, who on social media “strongly proclaim the health effects of the powder(s)”.When contacted by Health Control though, the same affiliates refused to discuss their claims.Eventually Health Control reached Inger Sverresson, general manager…

Infinity TrafficBoost Review: Bitcoin “Traffic Package Option” Ponzi

November 2, 2017 0

A marketing video on the Infinity TrafficBoost website identifies Frank Bauer as co-founder of the company.The Infinity TrafficBoost website title and marketing copy is also prefaced with “Frank Bauer recommends…”Further research reveals official Infinity TrafficBoost marketing videos citing Frank Bauer as co-founder of the company:In a comment left on our Infinity Push review earlier this year, Bauer claimed he is “the person that runs the site.”A video featured on the Infinity TrafficBoost website is hosted on a YouTube channel bearing the name “Frank VU Bauer”.Through Add2it Marketing Pty Ltd, Bauer also runs the internet marketing ViralURL, ViralInbox ViralHosts, ViralNetworks and ViralPLR websites.A…

Nerium Skincare unable to resolve legal dispute through mediation

November 2, 2017 0

While I’ve been unable to accurately follow the Nerium Skincare legal dispute due to sealed filings, a few recently unsealed filings reveal Nerium Skincare and Nerium International attempted mediation in mid October.On October 10th Nerium Skincare and Nerium International began Alternative Dispute Resolution.The mediation lasted two days, with followups continuing through till October 24th.Despite the length of mediation and over $10,000 spent in fees, the ‘parties were unable to reach (a) settlement‘.On October 13th the court-appointed Special Master ordered a telephone status conference for October 27th.A sealed reply to a previously filed sealed motion was filed on October 26th, but beyond…

Jeunesse RICO lawsuit moved to Florida, Alex Morton evading service?

November 1, 2017 0

James Aboltin and Pamela Knight filed their RICO pyramid scheme lawsuit against Jeunesse back in July, 2016.I’d been loosely following the case, with recent developments warranting its addition to my tracking roster.Aboltin and Knight’s lawsuit seeks to recover losses as a result of signing up as Jeunesse distributors.Both plaintiffs claim they weredeceived by Jeunesse’s misleading business opportunity, falsely believing that it was a legitimate way to earn money.Aboltin and Knight allege Jeunesse is a pyramid scheme and names the company, MLM Mafia, Inc., Online Communications, LLC, company owners Wendy Lewis and Randy Ray, Chief Visionary Officer Scott Lewis, and top former…

CryptoGain Review: BitLake Ponzi scheme rebooted

October 31, 2017 0

CryptoGain provide no information on their website about who owns or runs the company.The CryptoGain website domain (“cryptogain.biz”) was registered on October 22nd, 2017.The registration appears to contain bogus information (false address).Despite existing as of only about a week or so ago, Crypto Gain claims to have “many years of expertise”.The official CryptoGain Facebook group has one admin, Bernie Thompson.The Thompson account appears to be bogus, having only been created on or around October 26th, 2017.A UK incorporation number is provided on the CryptoGain website, which corresponds to “BitLake Limited”.BitLake Limited was incorporated on June 14th, 2017, through a retail/residential address…