Multipure Review: Drinking water filtration systems

July 22, 2017 0

Multipure was founded in 1970 by the brothers Allen and Alvin Rice.The Rice brothers ran the company together until 2015, the year Allen Rice passed.Today Multipure is headed up by CEO Alvin Rice (below right) and headquartered in the US state of Nevada.As per Rice’s corporate bio;For over 40 years, Alvin Rice has been leading and operating Multipure with his brother, H. Allen Rice. In 1970, at the age of 22, Alvin co-founded Multipure.Alvin has spent his entire career dedicated to the operation and growth of Multipure, overseeing everything from Manufacturing, to Marketing, to Business Operations.He is incredibly proud to work…

OneCoin laundering funds through unregistered charity?

July 20, 2017 0

OneCoin’s association with an unregistered charity has caught the attention of the UK’s Charity Commission.According to the Charity Commission, As-Sabur Global is registered with Companies House but not the commission itself.As-Sabur’s founder and only company director, Mohammed Aklim Uddin Saleh Ahmed, appeared with the OneCoin founder Ruja Ignatova in a promotional video.On their website As-Sabur Global list support for domestic violence, shelter for the deaf & blind and disabled, shelter for the elderly, women’s refuge, orphanage and child trafficking as causes they support.As above, the relationship between OneCoin and As-Sabur is described as a “partnership”. Whether this means stolen investor funds…

Wealth Vault Crypto Finance Review: Three-tier matrix cycler

July 20, 2017 0

Wealth Vault Crypto Finance provide no information about who owns or runs the company on their website.The Wealth Vault Crypto Finance website domain (“mywvcf.com”) was first registered on February 20th, 2016. The registration details were last updated on Febuary 19th, 2017.Dusty Williams is listed as the owner of the Wealth Vault Crypto Finance domain. A residential address in the US state of Colorado is also provided.Who is Dusty Williams? No idea. But the official Wealth Vault Crypto Finance Facebook group was created by LaCrisha Wallace on June 14th.Back then it was “Wolverine Crypto Finance”.LaCrisha Wallace (right) first popped up on BehindMLM’s…

Money Exchanger Review: Three currency matrix-based cash gifting

July 11, 2017 0

Money Exchanger provide no information on their website about who owns or runs the business.The Money Exchanger website domain (“moneyexchanger.biz”) was registered on April 7th, 2017.Obakeng Morake (right) is listed as the owner, through an incomplete address in South Africa.In 2016 Morake was promoting the WeShare Crowdfunding gifting scheme.Launched in mid 2015, by mid 2016 WeShare Crowdfunding had collapsed.Read on for a full review of the Money Exchanger MLM opportunity.Money Exchanger ProductsMoney Exchanger has no retailable products or services, with affiliates only able to market Money Exchanger affiliate membership itself.The Money Exchanger Compensation PlanMoney Exchanger affiliates gift USD, South African Rand or…

JetCoin 2.0 Review: Trading facade dropped, same Ponzi scam

July 11, 2017 0

One of the unspoken rules of the MLM underbelly is that once tainted, a company name forever remains tainted.Thus if the admin(s) of the original scheme which to defraud again, they need to come up with a new name.The tainting of an MLM underbelly scheme typically comes about through regulatory intervention or the scheme collapsing.JetCoin collapsed recently due to the latter. And despite having only launched barely a month ago and the ashes of the original not even cooled, a new scheme bearing the same name has just been announced.Read on for a full review of the JetCoin 2.0 MLM opportunity.The…

Acre fines TelexFree $921,531, orders company pay back investors

July 11, 2017 0

Regulatory proceedings against Ympactus, the Brazilian arm of the TelexFree Ponzi scheme, began all the way back in June, 2013.On June 19th, 2014, Public Prosecutors in the Brazilian state of Acre were granted an injunction against Ympactus.The ruling was effectively the beginning of the end of the end of TelexFree’s operations in Brazil.What followed was a comical amount of appeal filings by TelexFree, all of which were denied. I personally stopped following them after appeal number fourteen failed.Based in part on a third-party audit by Ernst & Young, in September, 2015, Judge Thais Borges ruled Ympactus was a Ponzi scheme.Judge Borges…

Cryptocurrency Bank MLM Review: a cryptocurrency global virtual bank?

July 10, 2017 0

Cryptocurrency Bank MLM provide no information on their website about who owns or runs the company.The Cryptocurrency Bank MLM website domain (“ccbmlm.com”) was privately registered on June 11th, 2017.At the time of publication Alexa currently estimate the US, Nigeria and Brazil are the top sources of traffic to the Cryptocurrency Bank MLM website.The Cryptocurrency Bank MLM affiliate agreement suggests the company might be run out of Florida;Venue and jurisdiction for any action pertaining to this agreement or any disagreement or claim between the parties hereto shall be in Palm Bach Country, State of Florida or in the United States District Court…