Adz4Wealth Review: Adz4Profit rebooted as micro-Ponzi hybrid

adz4wealth-logoThere is no information on the Adz4Wealth website indicating who owns or runs the company.

jules-wimbleton-julie-owner-admin-adz4wealthThe Adz4Wealth website domain (“adz4wealth.com” was registered on the 7th of September 2014 and lists Julie Wimbleton of “J W Hosting and Sales” as the owner. An address in Caernarfon in the UK is also provided.

Further research reveals Wimbleton also goes by the name “Jules Wimbleton”.

Wimbleton’s last MLM venture prior to Adz4Wealth was Adz4Profit. Launched on August 21st, Adz4Profit is a $5 “revenue-sharing opportunity”.

Affiliates buy positions for $5 and are then paid a percentage of the funds invested by affiliates who come after them.

Adz4Profit appears to have stalled shortly after launch, which no doubt has prompted to launch of Adz4Wealth.

Read on for a full review of the Adz4Wealth MLM business opportunity. [Continue reading...]


More warrants issued in Brazilian TelexFree investigation

telexfree-logoOperation Orion was launched by Brazilian Federal Police back in July.

The launch of the operation saw Brazilian regulators execute search warrants on multiple properties connected to TelexFree’s Brazilian operations (Ympactus).

As of yet the results of those raids are not clear, however it is understood that the “second phase” of Operation Orion is now underway.

This second phase saw another round of search warrants executed yesterday. [Continue reading...]


GetEasy under police investigation in Portugal

geteasy-logoIs this the end for one of the more prolific TelexFree reload scams?

Thanks to a diligent BehindMLM reader, news broke yesterday of an upcoming TV expose into GetEasy.

Scheduled to air on the Portuguese show “Friday at 9″ (Sexta às 9), the initial promo didn’t reveal much:

initial-promo-friday-at-nine-geteasy

Reporting on the upcoming Friday at 9 broadcast, RTP (the channel Friday at 9 is broadcast on) then broke the news that  Portuguese police had opened up a criminal investigation into the company: [Continue reading...]


Learn & Earn Cosmétique Review: Argan oil cosmetics?

learn-and-earn-cosmetics-logoIt is claimed on the Learn & Earn Cosmétique website that its parent company is Learn & Earn:

L&E cosmetics belongs to Learn and Earn (parent company), which was created in April 2013.

It has more than 12,000 registered members, and has already proved itself throughout Morocco! Many people have changed their lives thanks to Learn and Earn.

Its headquarters are in Belvedere (behind Casa Voyageurs near the old Centrale Laitière premises), at Résidence Zahra étage 3 bureau 18.

It has offices in various towns in Morocco and has a presence in other countries including France, Belgium, Switzerland ..Algeria, Tunisia and Ivory Coast.

No specific information about the ownership of the company is provided on the Learn & Earn, however the website domain (“lae-cosm.com”) is registered to a “Zakaria Fathani”. An address in Morocco is also provided, which matches claims that this is where the company is based out of.

Fathani’s name doesn’t appear anywhere on the Learn & Earn Cosmétique website, however he does have a YouTube channel. Several videos appear on Fathani’s YouTube channel featuring him standing infront of a whiteboard marketing Learn & Earn.

zakaria-fathani-owner-learn-and-earn-cosmetics

At the time of publication I was unable to source a website for Learn & Earn itself, however they do appear to be getting ready to launch something over at “lae-univ.com”:

learn-and-earn-univ-website-ticker

The ticker on the site indicates that they will be launching in a few days. Considering they claim Learn and Earn was “created in April 2013″, I’m not sure what the story is there.

Read on for a full review of the Learn & Earn Cosmétique MLM business opportunity. [Continue reading...]


Auto Empire Group Review: Join matrix scheme, buy new car?

auto-empire-group-logoThere is no information on the Auto Empire Group website indicating who owns or runs the business.

Formation of Auto Empire Group is credited to “Landford Limited”, but who owns or runs that company is also not provided.

International company “LANDFORD LIMITED” presents the innovative project AUTO EMPIRE GROUP.

The staff of “LANDFORD LIMITED” strives to meet the needs of clients in all areas of human life. In our programs we have combined all important segments of human life; we give everyone the opportunity to materialize his own desires.

We are creating new standards of life, offering our partners to realize any needs while having a possibility to choose among the preferable investment methods.

Landford Limited would appear to be registered in Belize (a known tax-haven), with “certification of incorporation” provided on the Auto Empire Group website.

The Auto Empire Group website domain (“abcsmart.biz”) is registered to Alex Schwarz. An address in Germany is also provided.

Whether or not Schwarz owns Landford Limited, ABC Smart and Auto Empire Group is unclear. On his Google Plus profile Schwarz writes

I develop innovative business projects and medium social networks. I am working now for Landford Limited as IT Professional.

ABC Smart appears to be an income opportunity within itself. Affiliates are charged 10 EUR to enter a series of matrices, which are filled via the recruitment of new affiliates.

I wasn’t able to peg any other MLM opportunities to Schwarz, indicating that ABC Smart and Auto Empire Group are his first MLM ventures as an executive.

Of note is that Schwarz Google Plus “friends” appear to all be of Russian descent. I also spotted a large number of promotional material for both ABC Smart and Auto Empire Group in Russian.

If Schwarz himself isn’t Russian, then it would certainly seem that the company has strong ties to the country, either via management or its affiliate-base. The German domain registration address and Belize registration would appear to be smoke and mirrors.

Read on for a full review of the Auto Empire Group MLM business opportunity. [Continue reading...]


PerfectAdSolution Review: Gifting Ponzi pyramid trio

perfectadsolution-logoThere is no information on the PerfectAdSolution website indicating who owns or runs the business.

The PerfectAdSolution website domain (“perfectadsolution.com”) was registered on the 14th of December 2013, however the domain registration is set to private.

As always, if a 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...]


Passive Earner Review: Online investment club & shares

passive-earner-logoPassive Earner operate in the advertising MLM niche and identify “Brian Basser” as the company owner on their website.

Corporation registration details dated 10th of September 2014 for LandWhale Enterprises Inc. in Delaware are also provided, with Passive Earner claiming to be “owned” by the entity.

I wasn’t able to find an MLM history for Basser, however he is credited with ‘recently (having) had a gig working for MyTrafficValue.com‘.

A visit to MyTrafficValue reveals it to be an investment opportunity touting “186% and 250% investment plans”.

The nature of Basser’s alleged “gig” with MyTrafficValue is not disclosed.

On the Passive Earner website Basser is also credited with having ‘over 25 years of programming experience‘. An example of Basser’s programming experience can be viewed over at his LandWhale website (“landwhale.net”):

landwhale-website-brian-basser

Read on for a full review of the Passive Earner MLM business opportunity. [Continue reading...]


Zeek Receiver addresses 30% tax withheld from payouts

zeekrewardsAfter the Receivership sent out the first wave of victim checks on September 30th, it wasn’t long before those who received their checks in the mail began asking about the 30% withheld for tax purposes.

No doubt inundated with requests by check recipients to clarify the amount withheld, today the Zeek Receiver has published an update on the Receivership website addressing the issue. [Continue reading...]


Brazilian TelexFree audit delayed 120 days (due 2015)

telexfree-logoNews broke a few weeks ago that the firm charged with conducting an audit of TelexFree’s Brazilian operations had requested an additional 120 day extension.

By my records this is the second extension Ernst & Young have sought, with the first requested and granted back in July.

Ernst & Young trotted out the same reason they used in July for the recent request, citing issued of complexity in auditing TelexFree’s Brazilian operations. [Continue reading...]


Civil fraud charges filed against US EmGoldex investors

emgoldex-logoA review of EmGoldex earlier this year revealed it to be a seemingly European based Ponzi scheme.

Investors bought in for 540 EUR and EMGoldex promised them a 3500 EUR once enough new investments had been made by subsequent investors.

ROI-emgoldex-compensation-plan

As is common with European based Ponzi schemes, gold was used to front the scheme. The reality however is that gold had nothing to do with the scheme, with EmGoldex simply taking new investor funds and using it to pay off existing investors.

Shortly after we published our EmGoldex review, the Massachusetts Securities Division announced they had launched an investigation into the scheme.

The state Securities Division “has an open investigation and is actively looking at the issuer and individuals associated with it,’’ said Brian McNiff, a spokesman for Galvin. He declined to provide details of the probe.

That “probe” yesterday culminated in civil fraud charges being laid against four individuals involved in the promotion of EmGoldex in the US. [Continue reading...]