Bitcoin Penny Auction Review: Bitcoin trading penny auctions

March 19, 2017 mlmdetective 0

Bitcoin Penny Auction identify Ton van Houten as founder and CEO of the company.This matches up with the Bitcoin Penny Auction website domain (“bitcoinpennyauction.com”) registration, which lists van Houten as the owner.Van Houten is based out of Gouda in the Netherlands. As per his Bitcoin Penny Auction corporate bio;Through the years he has developed himself into a specialist regarding Internet and has followed several courses, which led to his extensive online experience.In the past Ton has held several positions, among as a director for a Dutch based search engine.Possibly due to language barriers, I was unable to put together an MLM…

Ultimate Business World linked to notorious Norwegian scammer

March 19, 2017 mlmdetective 0

When I first reviewed Ultimate Business World late last year, it struck me as odd that the company’s public Chairman, Paal Aschjem, had no MLM history.Surely he wasn’t working alone, however the question of who was really behind Ultimate Business World was left unanswered.Following an investigation by Norwegian and Estonian journalists, turns out UBW was conceived by a notorious Norwegian scammer.Jim Wolden (right) founded The 5 Percent Community (T5PC) in 2000. Through T5PC, Wolden solicited share investment from about 50,000 Norwegian affiliates.In 2004 T5PC collapsed, resulting in $160 million dollars worth of losses. T5PC management were sent to prison.Five months after setting…

Bitcoin Funding Team Review:

March 18, 2017 mlmdetective 0

Bitcoin Funding Team provide no information on their website regarding who owns or runs the business.The Bitcoin Funding Team website domain (“bitcoingfundingteam.com”) was privately registered on February 3rd, 2017.Bitcoin Funding Team is hosted on a private server that hosts the domain “2forsuccess.com”.2ForSuccess launched in late 2016 and offered some type of “blog mastery” course. The company flopped, with a visit to the 2ForSuccess website today revealing the domain is parked.Research into 2ForSuccess reveals those promoting it are now promoting Bitcoin Funding Team. These affiliates name Thomas Dluca as Bitcoin Funding Team’s founder.Dluca seems to have a history of promoting MLM underbelly scams.In…

DOJ wants James Merrill behind bars for ten years

March 18, 2017 mlmdetective 0

Any notion that James Merril might get off lightly for cooperating with authorities has been dashed, following the filing of a ten-year recommended prison sentence.And that’s with full consideration of his cooperation.As per a sentencing memorandum filed last Thursday;Merrill paid himself $4.5 million, even, as prosecutors alleged, when he knew the risks and the flaws of the TelexFree system. But prosecutors spared him a stiffer sentence in the plea deal, they said, because Wanzeler played a “greater role” in the scheme.The contents of Merrill’s plea deal are sealed and to date we don’t know any specifics. I think it goes without saying…

Multi-Buy World Review: €50 EUR adcredit Ponzi with e-commerce

March 18, 2017 mlmdetective 0

Multibuy World provide no information on their website about who owns or runs the company.On its website Multibuy World claims it was initially launched in Italy as Promo Italia.Multibuy Srl was founded 23 years ago in Italy under the name PromoIitalia and was renamed to Multibuy srl in 2014.Today, Multi-Buy is a very successful Travel/E-Commerce Company in Italy!This appears to be porky pies for a number of reasons:I couldn’t find any information about Promo Italia within the MLM spacethe Multibuy World website domain (“multibuyworld.com”) was only registered on October 31st, 2016Multibuy World claims to be “very successful” with 150,000 customers, yet Alexa…

Stella & Dot Review: Fashionable jewelry, bags and accessories

March 17, 2017 mlmdetective 0

Stella & Dot launched back in 2003 and operate in the fashion and jewelry MLM niche.The company was founded by Jessica Herrin and originally began life as Luxe Jewels.According to an interview with The Everygirl, Herrin came up with the idea for Luxe Jewels in an elevator at a Mary Kay convention.it wasn’t until Jessica met fellow Stanford grad, Blythe Harris, at an alumni event that they realized with Jessica’s original vision and Blythe’s creativity that they could re-launch this social-selling model under a new name, Stella & Dot (named after their grandmothers).Herrin (right) serves as Stella & Dot’s CEO, Harris…

Big Profit System Review: Oldschool postcard cash gifting

March 16, 2017 mlmdetective 0

Big Profit System provide no information on their website about who owns or runs the business.The Big Profit System website domain (“bigprofitsystem.com”) was initially registered on June 17th, 2012. The registration was last updated on June 3rd, 2016.The Big Profit System domain was registered privately, so it provides no information on who owns it.As per the Big Profit System terms and conditions, the company feeds signups into a third-party business.The Company referenced in the BPS videos is an independent entity and BPS simply provides a marketing system for that company’s Independent agents to use to assist them in producing sales.The name of…

WelFunding Review: 4×7 matrix bitcoin cash gifting

March 16, 2017 mlmdetective 0

WelFunding provide no information on their website about who owns or runs the business.The WelFunding website domain (“welfunding.com”) was first registered on the 5th of March, 2016. The registration was recently updated on the 13th of March, 2017.The WelFunding domain has been registered privately and doesn’t provide any information on who owns it.At the time of publication Alexa estimate the top two sources of traffic to the WelFunding website are Japan (69%) and Germany (14%).It is highly likely that whoever is running WelFunding is also based out of Japan and/or Germany.As always, if an MLM company is not openly upfront about who…

Hidden Gem Review: 2×7 matrix-based cash gifting

March 15, 2017 mlmdetective 0

Hidden Gem provides no information on its website as to who owns or runs the business.The Hidden Gem website domain (“hiddengem.cash”) was privately registered on February 3rd, 2017.A marketing video on the Hidden Gem website is hosted on a YouTube account bearing the name “Dana Owens”.Dana Owens (right) first popped up on BehindMLM’s radar last year, as admin of the Connect 4 cycler Ponzi.At the time of publication the Connect 4 website domain was unresponsive.Other MLM opportunities promoted on Owen’s YouTube channel over the past year include Vida Divina (autoship recruitment), Nspire Network (negative-ion period pads) and iPro Network (OneCoin Ponzi clone). Owen…

Donation To You Review: Six-level deep bitcoin gifting scheme

March 15, 2017 mlmdetective 0

Donation To You provide no information on their website indicating who owns or runs the business.The Donation To You website domain (“donationtoyou.com”) was privately registered on November 30th, 2016.At the time of publication Alexa estimate Spain is the largest source of traffic to the Donation To You domain. Also of note is that the Donation To You website uses name-servers hosted in Brazil.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.Donation To You ProductsDonation To You has no retailable products or services,…