Welbit fails to provide verifiable ownership or executive information on its website.

Welbit is purportedly fronted by “Oliver Hogan”:

Hogan doesn’t exist outside of Welbit’s marketing. Marketing videos on Welbit’s official YouTube channel reveal the actor playing Hogan has an eastern-European accent.

This fits with the majority of Boris CEO Ponzi schemes being run by Russians, Ukrainians and/or Belarussian scammers.

Welbit’s website domain (“welbit.com”), was privately registered on November 14th, 2011 (not a typo).

It’s assumed although DNS hasn’t updated, Welbit’s website domain was only recently acquired. Supporting this is Welbit’s official FaceBook page being created on November 5th, 2025.

In an attempt to appear legitimate, Welbit provides a Canadian company registration certificate for “Welbit Limited” (24th December, 2025).

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

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. [Continue reading…]

LoomX, aka LoomX Protocol, fails to provide ownership or executive information on its website.

LoomX’s website domain (“loom-x.io”), was privately registered on December 29th, 2025.

Note LoomX’s root domain is disabled. LoomX is accessed on the subdomain “app.loom-x.io”.

If we look at the file properties of LoomX’s compensation documentation, we find Chinese:

This suggests whoever is running LoomX has ties to China.

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. [Continue reading…]

AI Viral Downline fails to provide ownership or executive information on its website.

AI Viral Downline’s website domain (“aiviraldownline.com”), was privately registered on November 14th, 2025.

In the footer of the “about” section of AI Viral Downline’s website we find an Indiana address:

This same address was used on M80 Advertising’s website:

M80 Advertising was a 2023 adcredit pyramid scheme run by serial fraudster Jeremy Duncan.

Sure enough, we find Jeremy Duncan promoting AI Viral Downline on social media:

Jeremy Duncan (right) is a serial fraudster. To date BehindMLM has documented seven of Duncan’s pyramid schemes:

1. M80 Advertising (early 2023)
2. The Rocket Recruiter (April/May 2023)
3. My Traffic Powerline (August 2023)
4. ShareTheWinnings (January 2024)
5. Fast Start Profits (August 2024)
6. Split The Winnings (December 2024)
7. Cash Multiplier System (October 2025)

This time around there appears to be an effort to hide Duncan’s ownership of AI Viral Downline.

In addition to there being no mention of Duncan on AI Viral Downline’s website, Duncan is only a member of the official FaceBook group.

As above, admins running the official AI Viral Downline FaceBook group are Kenneth Wasiewicz, Pete Delmonico and Lillian Ilich. All three are serial promoters of MLM scams.

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. [Continue reading…]

The Office of Competition and Consumer Protection (UOKiK), has announced it is investigating Be Club for suspected pyramid fraud.

As announced back on March 26th, 2025; [Continue reading…]

Defunct MLM company iMarketsLive has been fined 9.4 million PLN for pyramid fraud in Poland ($2.6 million USD).

As per UOKiK’s December 29th, 2025 press-release; [Continue reading…]

Meta Whale has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

ASIC added Meta Whale to its Investor Alert List on November 28th, 2025. [Continue reading…]

iGenius has been fined 14.66 million PLN for pyramid fraud in Poland ($4.08 million USD).

As per UOKiK’s December 29th, 2025 press-release; [Continue reading…]

Meta Whale has received a securities fraud warning from Quebec’s Autorite des marches financiers (AMF).

As per AMF’s December 23rd Meta Whale warning; [Continue reading…]

Union Green power, or UGP, fails to provide verifiable ownership or executive information on its website.

The only executive listed on UGP’s website is COO “Michael Warner”.

Outside of Union Green Power’s website and a FaceBook profile created in August 2025, Warner doesn’t exist. This makes him a prime Boris CEO candidate.

It should be noted that the Warner FaceBook profile creation coincides with Union Green Power’s website domain, “uniongreenpower.com”, being privately registered on July 31st, 2025.

According to its official Telegram channel, Union Green Power launched on November 1st, 2025.

While not always, Boris CEO MLM schemes are typically run by Russian scammers.

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. [Continue reading…]

BehindMLM first reviewed Novae back in 2016. The company we reviewed no longer exists, with Novae rebranding as “Novae: The Credit and Money Company” early last year.

Novae’s name-change coincided with the company joining the DSA. To keep things simple we’ll continue to refer to the company as Novae Money.

At the request of a reader back in October, today we’re revisiting Novae for an updated review. [Continue reading…]