Monat founding distributor lawsuit claims earnings slashed ~75%

Toni Vanschoyck claims she’s a founding Monat distributor who owns “founder shares”.

Having been with Monat for “more than a decade”, Vanschoyck also claims she’s worked directly with founders Rayner and Luis Urdaneta, and sits atop a “large and robust” downline.

After watching her commissions drop 75% over two years, Vanschoyck claims she was terminated in May 2024 for asking questions. [Continue reading…]


iX Global securities fraud continues with CloudX

Following the collapse of its short-lived IN8 NFT Ponzi scheme, iX Global has tripled down on securities fraud with CloudX.

In a nutshell, iX Global’s CloudX is a variation of the “node positions” model, except blockchain has been swapped out for web hosting. [Continue reading…]


Qyral TRO modified to allow Ellie MD to operate

At a June 12th hearing held after Qyral secured an ex-parte Temporary Restraining Order (TRO) against Ellie MD, the parties have agreed on new terms.

The new terms, part of a yet to be confirmed superseding TRO, allow Ellie MD to recommence business operations and compete against Qyral. [Continue reading…]


Computer USDT Review: Stolen identity “click a button” Ponzi

Computer USDT fails to provide ownership or executive information on its website.

Computer USDT’s website domain (“computerusdt.com”), was registered with bogus details on May 29th, 2024.

Of note is Computer USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore).

Computer USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued a Computer USDT pyramid fraud warning on June 4th, 2024.

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…]



Details of the iX Global & Joe Martinez investigation in India

A May 1st report from India’s Directorate of Enforcement has provided insight into the ongoing fraud investigation into iX Global and CEO Joseph Martinez. [Continue reading…]


My Daily Choice dicloses 89,188 accounts breached

Following a brief disclosure and coverup back in February, My Daily Choice has now officially confirmed a data breach affecting 89,188 people. [Continue reading…]


DAOversal claims it purchased HyperTech victim details

Back in March the Australian Securities Commission issued fraud warnings against HyperTech Group and several associated companies.

One of the companies was DAOversal, who now claim their only association was the purchase of HyperTech Group victims details. [Continue reading…]



Juan Tacuri pleads guilty to Forcount criminal charge

Forcount scammer Juan Antonio Tacuri Fajardo has pled guilty to conspiracy to commit wire fraud.

Following an initial not guilty plea, Tacuri changed his mind and pled guilty at a hearing held on June 5th. [Continue reading…]


Tesla Supercharger Review: Stolen identity “click a button” Ponzi

Tesla Supercharger fails to provide ownership or executive information on its website.

Tesla Supercharger’s website domain (“sc-tesla.com”), was privately registered on May 26th, 2024.

Of note is Tesla Supercharger’s website domain being registered through the Chinese registrar Alibaba (Singapore).

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…]


Ark Mining Review: Crypto cloud mining ruse Ponzi

Ark Mining fails to provide ownership or executive information on its website.

Ark Mining’s website domain (“arkmining.com”), was first registered in 2017. The private registration was last updated on February 24th, 2024.

Through the Wayback Machine we can see that Ark Mining’s website domain was parked up until the current website went live in late February.

From this we can ascertain Ark Mining’s owner(s) purchased the domain on or around February 2024.

Despite this, on its website Ark Mining falsely claims it was “founded in 2017”.

Of note is Ark Mining having already attracted the attention of financial regulators. Ukraine’s National Securities and Stock Market Commission added Ark Mining to its securities fraud warning list last month.

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…]