FarGlobal Review: TradeVIM crypto trading platform

FarGlobal provides no information on its website about who owns or runs the business.

FarGlobal’s website domain (“farglobal.me”) was privately registered on April 23rd, 2019.

If you visit FarGlobal website, you’ll notice the prominent logo is for TradeVIM.

TradeVIM has its own website, and as far as I can tell is the name of the FarGlobal’s supposed trading platform.

TradeVim’s website domain (“tradevim.com”) was privately registered on December 5th, 2018.

Research into TradeVim lead to me to a YouTube video, which identifies a “Joe” as creator of the platform.

Joe (on the right above) is supposedly based out of San Francisco, California.

Note that this conflicts with FarGlobal’s website, which claims the company is “has its home office in Canada”.

I couldn’t find Joe’s surname, or any external information tying Joe to FarGlobal or TradeVIM. Thus I’m taking claims made in the video with a grain of salt.

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…]

Emailconomy Review: Three-tier pyramid recruiting with marketing

Emailconomy identifies Angel Michelangelo Lopez as owner of the company on its website.

Lopez is based out of Florida, which corresponds to a corporate address in Tampa provided in the footer of Emailconomy’s website.

Michelangelo Lopez (right) appears to have made a name for himself in Empower Network circa 2014.

By 2014 Empower Network was already in decline, but it wasn’t until 2017 that the company imploded entirely.

Since Empower Network Lopez has been pitching himself as an internet marketing coach. He also appears to have been promoting Valentus.

On his LinkedIn profile Lopez cites himself as the author of “The Art of Being Stupid Online”.

Alrighty then.

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

Builderall Review: Website builder with digital marketing platform

Builderall operates in the marketing tools MLM niche.

Builderall’s website domain (“builderall.com”) was first registered in 2016. The domain registration was last updated in October 2018.

Despite not existing until 2016, Builderall states on its website that ‘the Builderall platform project started in 2011‘.

I’m not sure where they’re getting the 2011 start year from.

The company Builderall appears to be run through, eBusiness4us Inc.

was founded in the USA in 2008 by the Brazilian entrepreneur Erick Salgado.

According to his LinkedIn profile,

in 2005, Erick Salgado created the first virtual mini-franchises system, which provided small entrepreneurs with a real possibility to enter the Internet business industry with a solid and profitable business system.

Salgador cites both 2004 and 2010 as launch dates for OMB100 in Brazil.

Through OMB100, Salgado continued to offer internet marketing services.

Starting 2016, OMB100 appears to have been renamed Builderall. Since then the company has operated under the Builderall brand.

On his Facebook page Salgado reveals he’s from Brazil but now lives in Orlando, Florida.

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

Nasgo hitches itself to Ryze unregistered securities opp

Ryze first popped up on our radar in 2017. Since then, every MLM company the trading robot scheme has been attached to has failed.

As its ShareNode pyramid scheme begins to stall, Nasgo has emerged as the latest company to try its luck. [Continue reading…]

Trevon James facing $2 million BitConnect SEC clawback

Trevon James has uploaded a new video discussing his part in the ongoing SEC investigation into BitConnect.

I’ve given up trying to ascertain whether James is parodying himself as a securities fraud suspect, so the following is reported “as is” with a straight face. [Continue reading…]

Lyoness President claims “pushing shopping is a mistake”

A top Lyoness distributor, who claims to have over 2 million members under him, has admitted “focusing on shopping is a mistake”. [Continue reading…]

Arego Life Review: Modulating serotonin = happiness on demand?

Arego Life operates in the nutritional supplement MLM niche.

The company is based out of Utah and headed up by co-founders Don Coplin, Jim Douville and Adam Baadsgaard.

In his Arego Life corporate bio, Don Coplin is cited as a “retired dentist” and “avid researcher and formulator”.

Prior to co-founding Arego Life, Jim Douville promoted Nerium International and then Rain International.

Douville appears to have left Rain International sometime in late 2017 or early 2018. I wasn’t able to establish why.

Adam Baadsgard also came over from Rain International. He was promoting the company as a Black Diamond up until late 2017.

Arego Life was founded a few months later in March 2018.

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

Options Knight Review: Cryptocurrency bot weekly Ponzi returns

Options Knight provides no information on its website about who owns or runs the business.

In the footer of Options Knight’s website, the company claims to be ‘Owned by Crystal Finance LLC’. A virtual office address in Miami, Florida is also provided.

A search of Florida’s Division of Corporation reveals an entry for Crystal Finance LLC, first incorporated back in June 2017.

Whether the actual Crystal Finance LLC has anything to do with Options Knight is unclear.

Option Knight’s website domain (“optionsknight.com”) was first registered in 2018.

The private registration was last updated on May 14th, 2019, which is likely when the current owner(s) took possession of it.

Options Knight’s website defaults to Portuguese, suggesting whoever owns it is either from Portugal or a Portuguese speaking country.

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…]

CannerGrow Review: Cannerald Ponzi reboot w/ CADT token exit-scam

CannerGrow claims to operate in the MLM cryptocurrency niche.

CannerGrow’s website domain (“cannergrow.com”) was registered on April 5th, 2019.

Sascha Waeschle is listed as the owner, through an address in Rottweil, Germany.

According to CannerGrow’s website, the company is “a project founded by Cannerald”.

Cannerald claims to be a “Swiss research and production company of cannabis.”

According to a Cannerald marketing presentation;

The company was founded in 2017 as a project of MSL Industries GmbH and was spun off as a separate company on 18.07.2018 as Cannerald GmbH based in Pfäffikon, Switzerland.

The four founders of Cannerald, Sascha Adrian Waeschle, Severin Jem Amweg, Levin Kim Amweg and Maik Marcel Pietrowski founded the company with the aim of becoming Europe‘s largest cannabis producer and exporter.

The only link to MLM I was able to establish is a June 2019 interview, in which Maik Pietrowski states he

started in multi-level marketing for insurance in 2014.

Followed by the sale of vacuum cleaners and then the online marketing with various networks.

Cannerald’s website domain was registered in late December 2017. The company claims it was “registered in July 2018.”

Despite launching roughly a year ago, Alexa tracks next to no traffic to Cannerald’s website (rank ~5 million).

This suggests Cannerald as a stand-alone business was a flop.

CannerGrow appears to have been launched a few months ago to resuscitate what’s left of Cannerald.

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

What happened to OneCoin CEOs Pablo Munoz and Pierre Arens?

One of the more endearing mysteries surrounding OneCoin is fate of its two short-lived CEOs; Pierre Arens and Pablo Munoz.

With input from a OneCoin insider, today we go behind the scenes to shed light on their abrupt departures. [Continue reading…]