BCH Revolution Review: 2×4 matrix Bitcoin Cash gifting scheme

According to the BCH Revolution website, the company is run by “Dr. Yusran S.”

Yusran claims to based out of Indonesia and states he works in a hospital as an “Internal Medicine Specialist”.

Yusran does appear to be a real person, going by the handle @Yusran on Twitter.

The account is protected however, so no tweets are available.

On the BCH Revolution website Yusran (right), identifies himself as someone who

struggled for years, who got others involved in programs that seemed initially to be what we where looking for just to find a month or two down the road it failed or slowed down to where your time and effort was not rewarded any more.

Even worse, programs where you got friends and family involved in and now you had to look them in the eye and explain things beyond your control.

It seems that after losing money and recruiting people he knows into scam after scam, Yusran has decided to launch his own company.

Of note is the BCH Revolution website domain is registered to “Mustakim Landang”.

Landang also owns the domain “bchinvestments.co”, which provides name-servers for the BCH Revolution domain.

I wasn’t able to establish Mustakim Landang’s relationship or role within BCH Revolution.

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

Voltage Partners enters partnership with Vitaxel (upcoming ICO?)

Voltage Partners launched roughly two years ago.

The company’s business model was to come up with and develop “high value” apps, however that never really took off.

With seemingly nothing much else going on inside the company, a few weeks ago a partnership with Vitaxel was announced. [Continue reading…]

OneCoin conviction appeals in China mostly denied (Ignatova still MIA)

Back August/September it emerged that thirty-five OneCoin affiliates had been arrested in China.

In a ruling that pretty much certified OneCoin an illegal pyramid scheme across China, affiliate sentenced ranged from probation to “several years imprisonment”.

Appeals against the sentences were filed, with a ruling handed down a few days ago. [Continue reading…]

StaxCash Review: Making an ICO lending Ponzi even more insidious

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

The StaxCash website domain (“stax.cash”) was privately registered on December 18th, 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…]

USI-Tech enters third generation of scamming with Tech Coin ICO

With forex recruitment all but dead and their bitcoin package ROI liabilities spiraled out of control, USI-Tech’s latest ploy to raise investment revenue is an ICO.

Tech Coin will be another entry into the burgeoning MLM underbelly ICO market.

Offering nothing new to the cryptocurrency space, Tech Coin is likely just another script-generated altcoin.

Ultimately Tech Coin will serve no other purpose than to launder USI-Tech investor funds through, pocketing owners and big recruiters a large percentage of funds invested. [Continue reading…]

MOBE staff arrested in Malaysia for immigration violations?

The MOBE website identifies a corporate address for Mobe LTD in Kuala Lumpur, Malaysia.

According to recent footage released by Malaysia’s Immigration Department, officers raided a property in connection to MOBE and made immigration related arrests. [Continue reading…]

Is Wealth Generators registered to offer securities through Investview?

On the footer of the Wealth Generators website you’ll find the notice:

Wealth Generators LLC is a wholly owned subsidiary of Investview (OTC:INVU)

Investview is a Nevada corporation that actually operates out of Utah, run by Ryan Smith, Annette Raynor and Chad Miller and Mario Romano.

In light of our recent report on Wealth Generators’ Crypto mining package investment offer, the assertion is that Investview being registered with the SEC makes it kosher.

Today we dig into Investview’s SEC filings, in an attempt to answer whether Wealth Generators’ investment opportunities are indeed registered securities offerings. [Continue reading…]

Libra Coin Review: 110-240 day ROI MLM ICO lending Ponzi

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

The Libra Coin website domain (“libracoin.io”) was privately registered on November 17th, 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…]

Now Mining Review: Official marketing arm for Genesis Mining?

Now Mining claim to be based out of London in the UK but don’t appear to have any actual business operations there.

Nothing comes up for “Now Mining” when you run a UK incorporation search on the company name.

Additionally, no contact details are provided on the Now Mining website.

The Now Mining website domain (“nowmining.com”) was privately registered on July 27th, 2017.

Luis Ortega is identified as the company’s CEO.

Ortega (right) appears to be based out of the Arizona in the US. As far as I can tell, he doesn’t seem to have an MLM history.

For all intents and purposes Now Mining appears to be operated from within the US.

Now Mining held their official grand opening on December 9th in Phoenix Arizona.

As per Alexa’s records, the US is also the largest source of traffic to the Now Mining website (64%).

For more we turn to an undated Now Mining conference call hosted by Oz Fuentes.

Fuentes states he’s based out of Phoenix, Arizona and claims to have been working in the MLM industry for ten years.

After introducing himself and others on the call, Fuentes starts breaking down Now Mining.

About four minutes into the webinar, Fuentes claims Now Mining is the official marketing arm of Genesis Mining.

[4:23] I found out that Luis had been working with Genesis Mining for about three years.

He’s been consulting for them, Genesis Mining. And he was chosen to be the President of CEO of Now Mining, who is the marketing arm for Genesis Mining.

Genesis Mining is a four year old company, debt free.

They’re worth about two billion dollars. They’ve mined about a hundred thousand bitcoin so far.

And they decided to launch their network marketing arm, Now Mining.

I tried to independently verify this information but couldn’t find anything connecting Luis Ortega or Now Mining with Genesis Mining.

Whether the company is indeed the network marketing arm of Genesis Mining remains unclear.

The fact that there’s no mention of Now Mining anywhere on the Genesis Mining website is pretty suspect.

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

Zeek Rewards net-winner clawbacks to be sold to debt collectors

Despite launching some six years ago, net-winners who illegally profited in the Zeek Rewards Ponzi scheme are still being pursued for the money they stole.

With determinations of who owes what finalized and a court ruling certifying the amounts legally binding, on December 20th the Receiver shared how the Receivership intends to enforce recovery. [Continue reading…]