Articles under ‘choosing a business’:

Crypto 888 Club collapses for fourth time, reboots as Nano Crowd

Since BehindMLM published an article covering Nano Club’s launch just over a year ago, investors have been desperate to convince us that the third reboot of Crypto 888 Club would succeed. To date the article has garnered over 750 comments, mostly back and forth between the “this time…” and “history will repeat itself…” crowds. Turns [Continue reading…]

David Wood acknowledges Empower Network was “fake and bullshit”

Before buying a $2 script and accepting gifting payments through bitcoin became the norm, the MLM underbelly came up with elaborate marketing funnels to justify gifting schemes. One such scheme was David Wood’s Empower Network, which began as a blog SEO service. Way back in the day Empower Network affiliates paid each other $25 a [Continue reading…]

Ponzi and pyramid scams aren’t an American problem

Despite every Ponzi scheme professing to offer its own unique spin on the model, the underlying mechanics of the scam remain the same. New money enters the scheme, primarily through new investors, which is then used to pay off those who have already invested. With this a Ponzi scheme in its simplest form and easily [Continue reading…]

PM International threatens Norwegian media with massive fines

One would think a legitimate MLM company with nothing to hide would be open to interviews, especially when they themselves initiated a request for one. Not so with PM International, who after requesting Norwegian media interview their CEO in Luxembourg, presented them with a list of outrageous demands.

Cool Trader Pro collapses, Cool Trader Inc files for bankruptcy

MLM companies attached to robotic trading software make little sense. If you owned robotic trading software capable of generating legitimate and consistent returns year in year out, why would you share it? The normal thing to do would be to feed it seed money, let it do its thing and reap the profits. Opening your [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 [Continue reading…]

Trade Coin Club monopoly money ROI payments exposed

There’s a reason the term “monopoly money” was coined to refer to money paid to Ponzi investors they don’t actually receive. Typically these payments are represented in affiliate backoffices and often times they’re reinvested in pursuit of higher gains. On the backend of the scam the money doesn’t exist, with reinvestment buying the admin(s) time [Continue reading…]

LuLaRoe seek to force mommy blogger to disclose whistleblower sources

LuLaRoe are a fashion-based MLM company that have been around since 2012. Christina Hinks, a former LuLaRoe affiliate,  is a “mommy blogger” who goes by the alias MommyGyver. MommyGyver is also a website, on which Hinks frequently blogs about LuLaRoe. Much like what we publish here on BehindMLM from time to time, MommyGyver’s articles on [Continue reading…]

Asirvia and Royaltie partnership terminated, both sides claim initiation?

The notion of one MLM company building its business around the products of another MLM company was always a strange one. Yet such was the relationship between Royaltie and Asirvia. Or at least was up until now. Citing numerous contractual obligation failures, on September 14th Asirvia terminated their business relationship with Royaltie.

Korean authorities announce crackdown on MLM cryptocurrency scams

Over the past year I’ve noticed South Korea placing on an increasing number of MLM underbelly scams. I suspect due to language barriers, the people pushing these scams and much of South Korea’s MLM underbelly community remains a mystery outside of Korea itself. A large number of South Korean MLM activity has coincided with an [Continue reading…]