Bit Donar Review: 2×5 matrix bitcoin gifting

Bit Donar provide no information on their website about who owns or runs the business.

The Bit Donar website domain (“bitdonar.com”) was privately registered on February 24th, 2017.

Alexa currently estimate that 96% of traffic to the Bit Donar website originates out of India. This strongly suggests that Bit Donar is being run out of India itself.

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…]


BTC Money System Review: Ten-level deep bitcoin gifting

BTC Money System provide no information on their website about who owns or runs the business.

The BTC Money System website domain (“btcmoneysystem.com”) was privately registered on December 21st, 2016.

There are five listed admins of the official BTC Money System Facebook group; Rajeev Yadav, Gio Dante, Tyler Grindler Styles, Kitt Biz and Gio Dilon.

It is unclear which of these Facebook group admins owns BTC Money System.

At the time of publication Alexa rank India (21%) and Nigeria (9%) as the top two sources of traffic to the BTC Money System website.

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…]


Peach Review: Computer algorithm fitted bras

Peach are based out of Massachusetts in the US and operate in the women’s clothing niche.

Heading up the company are co-founders Janet Kraus (CEO) and Derek Ohly (COO).

Janet Kraus (right with Ohly) does have some corporate experience (she founded Circles in 1997 and Spire in 2007), however Peach appears to be her first MLM venture.

Derek Ohly founded Zyrra back in 2004. Zyrra marketed bras and lingerie and was the precursor to Peach.

As per an interview with Xconomy back in 2010, Ohly appears to be pretty savvy when it comes to bra fitting.

I didn’t expect to end up in the world of bras, and here I am,” says Ohly, a graduate of Babson College’s MBA program (a likely story).

“I have designed them, sewn them, fit them, and sourced them. As I like to put it, I have a PhD in bras.”

I wasn’t able to pinpoint precisely when Zyrra became peach, but it appears to have taken place around mid 2015.

Read on for a full review of the Peach MLM opportunity. [Continue reading…]


Mental health issues continue to delay Daniel Filho’s criminal trial

With pretty much every court update filed under seal, I don’t have much concrete information to report on Daniel Filho’s criminal trial.

It emerged Filho was wanted by the FBI in July, 2015. He was arrested later that month and faces criminal charges for running the DFRF Enterprises Ponzi scheme.

Last we checked in a second competency evaluation was ordered back in February. This took place and a sealed report was filed on March 15th.

Of note is Filho’s attorney withdrawing himself from the case on February 14th. As of yet no replacement has entered an appearance. [Continue reading…]


Bitcoin Instant Payment System Review: Eight-level unilevel gifting

Bitcoin Instant Payment System provide no information on their website about who owns or runs the business.

The Bitcoin Instant Payment System website domain (“bitcoininstantpayment.com”) was privately registered on March 11th, 2017.

Further research reveals there are two admins in the official Bitcoin Instant Payment System Facebook group; Sükür Hassan and Andie Vincze.

The Sükür Hassan account appears to be bogus and has no content (indicative of a purchased Facebook account). Andi Vincze does appear to be a real person, with marketing for multiple MLM underbelly scams appearing on her Facebook timeline.

Vincze appears to be an affiliate rather than admin however, so it’s doubtful she is running Bitcoin Instant Payment System.

It’s worth noting that the website template for Bitcoin Instant Payment System is the same as Global Bitcoin Profits, a recently launched bitcoin gifting scam.

Whether the same admin(s) is/are running both companies is unclear.

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…]


Cryp Trade Capital Review: 361% annual crypto trading ROI?

Cryp Trade Capital provide no information on their website about who owns or runs the business.

The Cryp Trade Capital website domain (“cryp.trade”) was privately registered on August 1st, 2016.

The company does provide an incorporation document dated December 20th, 2016, purportedly showing incorporation for “Cryp Trade Capital Holding SL” through Spain’s Agencia Tributaria. The documents do not reveal who owns Cryp Trade Capital.

There doesn’t appear to be a search function on the Agencia Tributaria website, so whether the documents are genuine or not is unclear.

In any event providing meaningless documents is typically a tactic deployed by scams, as opposed to just providing information about company ownership.

This appears to be the case with Cryp Trade Capital.

At the time of publication Alexa estimate that Germany is the largest source of traffic to the Cryp Trade Capital website (29%). Spain comes in at fifth, making up just over five percent.

Also supporting that Cryp Trade Capital is being by someone from Germany is the “Rubin” affiliate rank. “Rubin” is German for “Ruby”.

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…]


5Linx co-founders arrested, criminal charges filed

The beef between 5Linx’s former CEO Craig Jerabeck and former partners Jason Guck and Jeb Tyler has escalated, following criminal charges filed by the DOJ.

Arrest warrants were issued for Jerabeck, Guck, Tyler earlier this week, in conjunction with a criminal complaint filed on March 21st. [Continue reading…]


SEC sues Keith Laggos for promoting Zeek Rewards Ponzi scheme

Keith Laggos was involved with Zeek Rewards almost from inception.

Laggos joined Zeek Rewards as a paid consultant around June 2011 and shortly after, the company switched from guaranteeing a 125% ROI on every bid purchased, to paying a variable ROI over 90 days.

Laggos publicly credited himself as the prime instigator of the change and claimed he’d ‘been able to help (Zeek Rewards) change the comp plan to keep within the pyramid scheme and Ponzi scheme laws’.

In hindsight, we all know how that turned out.

By August of 2012 Laggos had turned on Zeek Rewards and was instead soliciting investment into the Lyoness Ponzi scheme.

Laggos promoted Lyoness as a “plan B” for Zeek Rewards and pitched it directly to his Zeek downline of about 4500 affiliates.

This didn’t go down to well with Paul Burks, and eventually lead to a parting of ways between Zeek Rewards and Laggos. This prompted Laggos to warn his Zeek downline that the FTC were likely to “hit Zeekler within six months”.

At the time Laggos claimed he was making about $40,000 a month through Zeek Rewards. Later that month, on August 18th, 2012, the SEC filed a lawsuit and shut the company down.

Earlier this week, some five years after they first took Zeek down, the SEC filed a separate lawsuit against Laggos. [Continue reading…]


Lifebrook Review: Aronia berry farm launches MLM opp

At the time of publication Lifebrook provide no information on their website about who owns or runs the company.

Further research reveals Tony and Jennifer Heisterkamp identified as the company’s founders on the official Lifebrook Facebook page.

The Heisterkamp’s are based out of Iowa and run the Eden Valley Apple Orchard & Farm.

As per a 2011 interview with KMEG 14 Fox44 Siouxland News, Tony Heisterkamp (right with Jennifer) retired from selling furniture in 2005. Shortly after that he started Eden Valley Apple Orchard & Farm, on which he grows organic apples and aronia berries.

As far as I can tell, Lifebrook is Heisterkamp’s first MLM venture as an executive.

Read on for a full review of the Lifebrook MLM opportunity. [Continue reading…]


uFun Club scammer prison sentences top 12,000 years

After a long investigation and over a hundred arrests, twenty-two uFun Club scammers have been sent to prison in Thailand.

Forty four uFun Club scammers stood trial on Wednesday. Twenty-two were found guilty and the remaining twenty-one were acquitted ‘due to insufficient evidence‘. [Continue reading…]