Prime Meridian Enterprises Review: Motor & life insurance policies

Prime Meridian Enterprises provide no information on their website about who owns or runs the business.

The Prime Meridian Enterprises website domain (“pme.co.za”) was registered on September 8th, 2007. “WA Networks” is listed as the owner, with an address in Gauteng, South Africa also provided.

On their website Prime Meridian Enterprises advise the company is “an authorised Financial Services Provider”.

A search of the provided FSP registration number reveals a local address in Bryanston and two “key individuals”; Dane Matthews and Daryl Mulder.

I wasn’t able to find any additional information on these individuals.

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…]


10xBitcoin Review: Seven-tier 2×15 matrix pyramid recruitment

10xBitcoin provide no information on their website about who owns or runs the business.

The 10xBitcoin website domain (“10xbitcoin.com”) was privately registered on January 27th, 2017.

Marketing images on the 10xBitcoin website state the company is “a division of Deep Profit Streams”.

Further research reveals Thomas Riley (right) crediting himself as CEO of Deep Profit Streams.

Deep Profit Streams appears to have launched in 2016 and describes itself as a “revenue sharing” company.

In the MLM underbelly, revenue sharing is code for Ponzi scheme.

According to an October 7th post on the official Deep Profit Streams Facebook page, 10xBitcoin came about after the SEC shut down the Traffic Monsoon Ponzi scheme.

There are a lot of people, who doubted us. Those of you who came aboard with us last year at the beginning, are going to be well rewarded.

But I want to make it clear, so that no one gets the wrong impression…Our revenue sharing program, software, and ads network is still there, robust and able to handle millions of clicks & ad requests DAILY.

Last year as you know, we brought on and got our Founders Mbr leaders in place, and while we allowed our members to introduce others, we did not put our ads network out into public traffic exchanges etc, because the second Software System was being integrated.

Before that was done, the main & strongest company in the entire revenue sharing industry, Traffic Monsoon, was taken down and into a pivotal lawsuit by the SEC, which because we are based in the United States, caused us to pause, wait for, and look closely at the outcome of that legal battle as to how we could work with our legal team to structure our revenue sharing products & compensation program in a way that would not be a problem with the SEC.

After Traffic Monsoon was shutdown it appears Deep Profit Streams ground to a halt. 10xBitcoin appears to be their attempt to relaunch their revenue sharing Ponzi scheme, this time round using cryptocurrency.

Thomas Riley’s involvement in the MLM underbelly prior to Deep Profit Streams is unknown. He appears to spend a lot of his time publishing religious themed content on Facebook.

Read on for a full review of the 10xBitcoin MLM opportunity. [Continue reading…]


Global Dynamic Marketing Review: Revshare collapses, bitcoin reboot

Global Dynamic Marketing initially launched as a “revshare”.

GDM offers a completely new RevShare experience!

Unseen commission payout, incredible easy-to-use backoffice and lightning fast support team.

In the MLM underbelly, revshare is code for Ponzi scheme.

I wasn’t able to pin down exactly when Global Dynamic Marketing launched.

The Global Dynamic Marketing website domain (“globaldynamicmarketing.com”) was privately registered on June 10th, 2016.

From this we can safely assume the original Global Dynamic Marketing launched sometime in the second half of 2016.

Today the original Global Dynamic Marketing website is parked in maintenance mode.

Around June 2017 Global Dynamic launched a reboot they’ve branded GDM2.0.

The GDM2.0 website domain (“globaldynamicmarketing2.com”) was privately registered on May 27th, 2017.

A marketing pitch on the Global Dynamic Marketing v2.0 website links the company to Global Dynamic and Centauri Coin.

Whereas investments as well as payments in GDM 1 were made with the Centauri Coin CTX, they have now switched to the well-known and accepted cryptocurrency Bitcoin in the new GDM 2.

Global Dynamic launched earlier this year and offered Ponzi investment through the now abandoned Centauri Coin Ponzi points.

The scheme quickly flopped and was rebooted as CTX Line, this time with a publicly tradeable Centurion Coin (CTX).

CTX Line was run by Michael Sander, former owner of the notorious Obtainer Online publication.

Sander is from Germany but now lives in Dubai. He’s currently running around Africa on a “Be Greedy” tour, pitching Global Dynamic Marketing 2.0 to anyone who’ll listen:

An address for GDM Internet Solution QSTP-LLC in Qatar is provided on the Global Dynamic Marketing 2.0 website.

I initially thought Global Dynamic was a separate company. Sander prominently features in Global Dynamic Marketing 2.0 marketing material however, suggesting he’s launched yet another reboot.

Today the CTX Line website redirects to an unrelated online game website, suggesting the scheme collapsed. Global Dynamic Marketing 2.0 appears to be a reboot of CTX Line, this time using bitcoin instead of Centurion Coin.

If we include the original Global Dynamic Marketing somewhere between Global Dynamic and CTX Line, Global Dynamic Marketing v2.0 is Sander’s fourth attempt at launching a Ponzi scheme.

On August 31st, 2017, Austria’s Financial Market Supervisory Authority issued an investment warning against Global Dynamic Marketing 2.0.

Read on for a full review of the Global Dynamic Marketing v2.0 MLM opportunity.

[Continue reading…]


DuePoint Review: Financial insurance & eCommerce subscriptions

DuePoint operate in the financial services MLM niche and are based out of Gauteng, South Africa.

DuePoint list five “team members” on their website, however their specific roles within the company are no defined.

Brendan Benfield, Timothy Renolds, Rob Van Der Bijl, Stacey Paul and Jayne Verity are credited with backgrounds in finance and tech.

Jayne Verity is the DuePoint team member credited with MLM experience;

Having developed direct marketing teams both in the UK and in South Africa, she adds extensive knowledge and experience to DuePoint.

Perusal of Verity’s Twitter profile reveals marketing material for The Worlds Biggest Buying Club (2011, now defunct). Other than attendance at a DSA South Africa event in 2015, I was unable to confirm Verity’s MLM credentials.

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


ATC Coin founder wanted by police for diverting invested funds

Subash Jewria (aka Subhashchand Jewria) founded the ATC Coin pump and dump altcoin pyramid scheme earlier this year in March.

Built on the ATCC cryptocurrency, Jewria offloaded premined ATCC to victims based on the “projected value” of the coin.

According to official ATC Coin projections, ATCC was supposed to be worth a minimum ₹25 INR (38 cents USD) by October, 2017.

Rather than steady organic growth however and fueled by speculative investment and pyramid recruitment commissions paid through ATC Coin, ATCC peaked at $1.90 USD on September 10th and over the past month has crashed back down to about 64 cents.

That’s still higher than the initial projected October value of 38 cents, however that estimate was based on continued growth.

ATC Coin’s business model saw affiliates park purchased ATCC for 18 months, on the promise of a ROI paid out in ATCC.

With ATC Coin affiliate recruitment slowing down the value of ATCC continues to collapse.

The losses of ATC Coin affiliates who bought in during ATCC’s pump phase meanwhile continue to climb, which inevitably prompted the filing of police reports. [Continue reading…]


HextraCoin Review: Another cryptocurrency ICO “lending” Ponzi scheme

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

The HextraCoin website domain (“hextracoin.com”) was privately registered on September 9th, 2017.

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…]


Did Talk Fusion pay off affiliates who made pyramid allegations?

Talk Fusion is an MLM company that primarily markets an email video product suite.

BehindMLM reviewed Talk Fusion in 2014 and concluded the company’s ‘paid video communication services … are entirely redundant.

The follow on from this is that retail is likely to be virtually non-existent. And as per the FTC, an MLM company without significant retail activity taking place is operating as a pyramid scheme.

My suspicions about Talk Fusion were seemingly confirmed following the filing of two lawsuits alleging the company was indeed a pyramid scheme. [Continue reading…]


Dennis Gray’s RICO lawsuit dismissed after he rejoins Talk Fusion

In late 2015 former affiliate Dennis Gray filed a class-action RICO lawsuit against Talk Fusion.

In his lawsuit Gray alleged he had been

deceived by the Talk Fusion’s misleading business opportunity, falsely believing it was a legitimate way to earn money, and did lose money as a result of Defendants’ unfair and unlawful business practices.

Gray (right) alleged those “unlawful business practices” are the operation of ‘a pyramid scheme disguised as a multi-level marketing (“MLM”) company‘.

The case played out and in August, 2016, was dismissed for lack of jurisdiction in California and transferred to Florida.

There the case continued for almost another year, before it was dismissed again on July 25th, 2017. [Continue reading…]


Mema Review: Third-party telephonic services

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

The Mema website domain (“mema.co.za”) was registered by Quinton Le Grange on August 3rd, 2008.

Quinton registered the Mema address through a PO Box in Cape Town, South Africa.

On his Facebook profile Le Grange states he “works at Mema”. Whether he owns the company 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…]


WesternCoin Review: WNC altcoin tied to Ponzi fraud

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

The WesternCoin website domain (“westerncoin.co”) was privately registered on September 14th, 2017.

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…]