BG Wealth Sharing and associated scams have received a securities fraud warning from the Ontario Securities Commission (OSC).

As per OSC’s June 1st, 2026 BG Wealth Sharing fraud warning; [Continue reading…]

As described by US and Canadian regulators, GSPartners was a “fraudulent investment scheme”. Citing GSPartners’ own marketing, over 800,000 investors are alleged to have been defrauded out of a billion dollars.

On September 9th, 2024, GSB Group and owner Josip Heit settled securities fraud allegations pertaining to GSPartners and related entities.

The initial stage of the settlement allowed for North American GSPartners victims to file a claim for a refund.

Twenty-one months out from the initial settlement announcement, not a single dollar has been paid out. [Continue reading…]

BG Wealth Sharing and associated scams have received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).

As per AMF’s May 29th, 2026 BG Wealth Sharing fraud warning; [Continue reading…]

E-Estate has received a securities fraud cease and desist from the Texas State Securities Board (TSSB).

Following an internal investigation, TSSB has identified E-Estate as a “fraudulent tokenized real estate investment scheme”. BehindMLM reviewed E-Estate in September 2025, coming to the same conclusion. [Continue reading…]

Polar Tensor has received a securities fraud warning from the British Columbia Securities Commission (BCSC).

As per BCSC’s June 1st Polar Tensor fraud warning; [Continue reading…]

LXX DAO fails to provide ownership or executive information on its website.

LXX DAO operates from two known website domains:

1. lxxdao.net – privately registered on November 26th, 2025
2. lxx-dao.com – registered in July 2023, private registration last updated on June 14th, 2025

LXX DAO provides a corporate address in Panama on its website for LXX Blockchain Innovations Inc.

Multiple cryptocurrency companies appear to use the same address, suggesting LXX DAO’s Panama address is virtual.

Either way, Panama is a tax haven with little to no regulation of MLM related fraud. An MLM company representing any ties to Panama is an automatic red flag.

Another red flag is this from LXX DAO’s website “legal basis”;

These Terms shall be governed by and construed in accordance with the substantive laws of Nevis …

Nevis, a small island in the Caribbean, is another favorite jurisdiction of scammers.

If I had to guess, LXX DAO is probably being run by a German speaker. This is based on LXX DAO’s website being hardcoded to always display German as an available language:

LXX DAO marketing is also primarily in German. Even official English LXX DAO presentations have German subtitles.

Finally, LXX DAO marketing also makes a big deal about having “account outside of the EU”:

It’s a common tactic for scammers to restrict jurisdictions they are based in to evade regulatory detection.

On a side note shell companies in Panama and elsewhere also likely explain debit cards being offered to LXX DAO promoters.

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…]

Illuminance Global fails to provide ownership or executive information on its website.

Illuminance Global operates from five known website domains:

1. illuminanceglobal.com – privately registered on September 15th, 2025
2. illuminanceglobal.org – privately registered on March 3rd, 2026
3. illuminanceglobal.pro – privately registered on March 3rd, 2026
4. illuminanceglobal.net – privately registered on March 3rd, 2026
5. illuminanceglobal.io – privately registered on March 3rd, 2026

Note in what appears to be an attempt to hide fraud (explored this further in the review conclusion below), Illuminance Global’s website domains are not accessible from all regions.

To that end I’m noting Illuminance Global marketing primarily targeting Spanish, German, Chinese and Russian speaking consumers.

Illuminance Global provides a corporate address in Ontario, Canada on its website. The address belong to Regus, a virtual mailing address company.

From this we can ascertain Illuminance Global has no actual ties to Canada.

As to where Illuminance Global is actually being operated from, Illuminance Global’s official FaceBook profile being managed from Estonia.

This tracks with marketing videos on Illuminance Global being narrated with a non-native English speaking accent.

I have seen the names “Niklas Draemer” and “Victor Fenwick” associated with Illuminance Global but wasn’t able to independently confirm. Any mention of Draemer and Fenwick has been scrubbed from Illuminance Global’s website and marketing.

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…]

Be Club promoters in Norway have been sent a fraud warning from the Norwegian Consumer Authority, the Norwegian Financial Supervisory Authority and the Norwegian Anti-Corruption Authority. [Continue reading…]

Communitee AI operates in the marketing tools MLM niche. The company doesn’t provide a corporate address on its website, instead opting to withhold this information from consumers;

These Terms and any dispute arising out of or relating to them or the Service shall be governed by and construed in accordance with the laws applicable in the jurisdiction where communitee.ai is organized, without regard to its conflict of law provisions.

Heading up Communitee are co-founders Anwar Craven and Theo van Dort.

Anwar Craven is a serial promoter of MLM Ponzi schemes, including CashFX Group, HyperFund and Crypto Family.

Theo van Dort seems to have a less colorful MLM history, promoting B-Epic (Orygn), Lifewave, Govvi.

While van Dort appears to have known Craven for years…

…it’s unclear whether there’s any crossover between von Dort and Craven’s MLM crypto Ponzi promoting.

Based on their respective social media profiles, Anwar Craven is based out of South Africa and Theo von Dort is based out of Indonesia.

Communitee AI’s website domain (“communitee.ai”), was first registered in 2024. The private registration was last updated on April 2nd, 2025.

Read on for a full review of Communitee AI’s MLM opportunity. [Continue reading…]

Following confirmation the SEC is looking into TexitCoin, founder Bobby Gray claims to have met up with federal investigators in the UK.

Speaking on an episode of the ironically named “Honest Money Hour” on May 21st, from what appears to be a moored luxury yacht, Gray revealed he’d flown his wife out for a visit. [Continue reading…]