DGold Review: Wacky sun gazers launch DGold Coin Ponzi points

DGold cite three Directors on their company website; Miroslav Kiš (General Director), Nikola Aleksić (Executive Director) and Dragan Davidovac (Director of Marketing).

No information about any of DGold’s Directors is provided.

The DGold website domain (“dgoldcurrency.com”) was registered on February 19th, 2018.

“Sungazing Organization” (Sungejzing Organization) is listed as the owner, through an incomplete address in Vojvodina, Serbia.

The DGold website credits Kiš (right) as President of the Sungazing Organization.

Sungazing Organization appears to be some cult in Serbia that believes humans can live on solar energy alone.

Here’s some footage from Serbian TV in which Kiš explains what Sungazing Organization is all about:

All three of DGold’s Directors appear to be based out of Serbia, which is also the primary source of traffic to the company’s website (27%, Alexa).

On their website DGold claims it was

made by top experts and supported by over 1700 co-founders around the world.

Behind it standing many unprofitable freelance, anti-globalization organizations, with over 200 academics, scientists and researchers from Serbia, from whole Balkan, partly of Western Europe, America, Russia, the United Emirates, China, Japan, India and the rest of the world.

No evidence for any of these claims is provided.

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

Ma Vie International Club Review: ICO lending Ponzi without the ICO

Ma Vie International Club, not be confused with MaVie), provides no information on their website about who owns or runs the business.

The Ma Vie International Club website domain (“mavieint.com”) was privately registered on April 13th, 2018.

A suite address in Mauritius is provided, however a Google search reveals multiple businesses using the same address.

This suggests the address is virtual, meaning Ma Vie International Club have no actual physical operations in Mauritius.

At the time of publication Ma Vie International Club are not accepting affiliates outside of South Africa.

This strongly suggests the company is being run from within South Africa itself.

Alexa traffic estimates support this, with South Africa listed as the only notable source of traffic to the Ma Vie International Club website (100%).

Ma Vie International Club also appears to have links to Black Marlin, a scam Mauritius regulators have previously issued warnings against.

On the Black Marlin website investment into Ma Vie International Club is offered as a “premium savings plan”:

Black Marlin Group exists under various names, two of which the Mauritius Services Commission (FSC) issued warnings against last month.

According to the FSC, both Black Marlin Investment Fund PCC and Black Marlin Asset Management Limited have been fraudulently claiming to be regulated and registered with the regulator.

Neither company is registered with the FSC, having been removed from the Register of Companies in early 2015.

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…]

M.Network rebrands as M.Global, terminates dissenting affiliates

In the wake of Jamberry Nails collapse and subsequent acquisition my M.Network, brand loyal affiliates claim they were under the impression they’d be able to continue their nail wrap focused business with minimal disruption.

Those hopes have now been dashed, following yesterday’s announcement that M.Network plans to rebrand as M.Global. [Continue reading…]

How much does WorldVentures owe affiliates in unpaid commissions?

Owing the amount of litigation WorldVentures has recently filed, we’ve published a number of articles featuring the company this week.

Perhaps one unintended consequence of WorldVentures’ legal filings is disclosure as to how much it currently owes affiliates.

I’ve been hearing rumors that WorldVentures is behind on commission payments for some time now. But up until now haven’t had anyone come forward with specific dollar amounts or a name to put any claims to.

In their July 16th motion for a TRO against Carlos Rogers, WorldVentures inadvertently revealed it owes Rogers $96,779.36 in unpaid commissions. [Continue reading…]

PowerNodes Review: Mize Network’s Ponzi scam within a scam

PowerNodes provide no information on their website about who owns or runs the company.

The PowerNodes website domain (“powernodes.io”) was privately registered on May 30th, 2018.

Inspection of the PowerNodes website source-code reveals “Mize Network” keyword stuffing:

The Mize Network logo is also featured in the footer of the PowerNodes compensation plan.

Further research reveals Mize Network affiliates promoting PowerNodes as the company’s “first product”.

Mize Network was recently launched by serial scammer Adrian Jacuzzi (right).

The core business model of the company is pyramid recruitment, with PowerNodes appearing to operate as a “business within a business”.

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

Digital Altitude settlement negotiations at a standstill

A Joint Status Report filed by the FTC on July 20th, has revealed settlement negotiations between Digital Altitude, Michael Force, Mary Dee and the FTC have broken down. [Continue reading…]

Bitsolives Review: BuxCoin Ponzi points investment fraud

Bitsolives provides no information on their website about who owns or runs the business.

The Bitsolives website domain (“bitsolives.com”) was privately registered on March 10th, 2017.

Further research reveals Bitsolives marketing material crediting Mohsin Jameel as CEO of the company.

As reported by the Tribune India last year, Jameel (right) is known to Indian authorities and has a history or running scams.

The Enforcement Directorate (ED) has initiated the process of attaching properties of five arrested accused in the multi-crore Crown Chit Fund scam even as some of the other accused held a function in Thailand last week to attract investors.

The function has sent the alarm bells ringing here as both ED and Punjab Police had banned the six companies that were floated one after the other by the accused in the last five years to dupe investors of about Rs 10,000 crore.

Despite this, the accused, led by Mohsin Jameel, the CEO of the companies, went ahead with the function.

The accused allegedly floated the seventh company named Crown Coin last month.

After related reports were published in The Tribune, the name was changed to Bitso Lives.

The new company has invited investors to use Crypto Currency (which is a digital currency called Bit Coins) for the purpose.

Officials in the ED and the Punjab Police said the new company too was illegal.

The ED is looking into the money laundering angle in the scam while the police have acted on fraud against thousands of investors.

Rs. 10,000 crore comes to about $1.5 billion dollars, so Jameel’s scamming has evidently proven lucratively profitable over the years.

Whereas his earlier efforts focused on forex fraud, now it seems he’s turned his interest to cryptocurrency.

Late last year, the Times of India reported several arrests of investors pushing Jameel’s Zuflo Coin Ponzi scheme

Jameel himself remains at large and, when he’s not promoting his various scams in third-world countries, is believed to be operating out of the UK.

As of February 2018, Jameel remains a fugitive and wanted by Indian authorities.

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

Mize Network Review: Adrian Jacuzzi graduates from Infinitum Flame

Mize Network provides no information on their website about who owns or runs the business.

The Mize Network website domain (“mize.network”) was privately registered on October 26th, 2017.

Further research reveals Adrian Jacuzzi widely cited as Mize Network’s owner and CEO.

I was able to confirm this by way of a Facebook profile Jacuzzi operates, wherein he openly credits himself as CEO of the company.

The same is true of Jacuzzi’s LinkedIn profile (right).

Jacuzzi operates out of Portugal and prior to founding Mize Network, was a top earner in the EmGoldex Ponzi scheme.

Following regulatory action across the world, EmGoldex attempted to rebrand itself as Global InterGold in 2015.

Global InterGold is still operational today but relatively speaking, is limping along compared to its heyday few years back.

To the best of my knowledge Jacuzzi stopped promoting Global InterGold approximately two years ago.

After Jacuzzi dumped Global InterGold, BehindMLM readers tied him to promotion of the Pool Miners and Infinitum Flame Ponzi schemes.

Infinitum Flame began to collapse around October, 2017. This fits into the timeline of Jacuzzi launching Mize Network in early 2018.

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

Skyway Capital “suspected scam” warning issued in New Zealand

Things have been pretty quiet over at Skyway Capital, following a regulatory warning issued by Estonia in June 2017.

Russia remains Skyway Capital’s primary source of investment revenue, however New Zealand could be emerging as a fresh source of victims to dupe.

On July 12 New Zealand’s Financial Markets Authority issued a Skyway Capital “suspected scam” warning. [Continue reading…]

MBI International regulatory warning issued in New Zealand

Following criminal charges being filed against Teddy Teow back in May, promotion of the MBI International Ponzi scheme appears to have shifted to New Zealand.

This has attracted the attention of the Financial Markets Authority, who yesterday issued an “unregistered business” warning. [Continue reading…]