Trujivan (pronounced “true-jivan”), operates in the magic plastic disc and nutritional supplement MLM niches.
The company provides a corporate suite address in Las Vegas on its website. Further research reveals this address belongs to a UPS store.
Whether Trujivan has any physical ties to Nevada is unclear.
Heading up Trujivan are co-founders Stefan Hostettler (CEO) and Jerry Yerke (President).
According to their respective social media profiles, Hostettler and Yerke are based out of Switzerland and California respectively.
Trujivan’s marketing material states they launched in the US. The company plans to expand to Europe in November.
Reading between the lines, Hostettler will likely head up Trujivan’s European operations. Yerke will head up US operations.
BehindMLM first came across Stefan Hostettler as the face of the Tycoon69 Ponzi scheme.
Tycoon69 launched in 2019. In July 2020 Swiss regulators cracked down on the Ponzi scheme, leading to its collapse.
Austrian authorities issued a Tycoon69 securities fraud warning a few months later.
Today Tycoon69 still has a website up but the business is effectively dead.
Jerry Yerke has been involved in MLM for over a decade.
Yerke held that position until at least mid 2018. In August 2019 Yerke signed on as Director of Business Development at Jeunesse.
Although he’s not mentioned anywhere on Trujivan’s website, someone else worth noting is Shane Morand.
As per a press-release issued on September 17th, Morand has signed on as Trujivan’s Strategic Advisor and Sales Leader.
I don’t have an exact date for when he left but Morand was still fronting Organo Gold in 2019.
Read on for a full review of Trujivan’s MLM opportunity. [Continue reading…]
Norwegian authorities have issued a third CashFX Group fraud warning.
The Financial Supervisory Authority of Norway’s notice follows a warning from the Lotteries Authority earlier this year. [Continue reading…]
The Kripto Future Ponzi scheme has collapsed.
Affiliates are reporting withdrawals are disabled and nobody has seen CEO Jeffer Ribera in a month. [Continue reading…]
Orion Finance operates in the cryptocurrency MLM niche.
Supposedly heading up Orion Finance is “Brian McCrory”.
According to Orion Finance’s official presentation document, McCrory ‘has been launching and developing various businesses for more than 20 years.’
McCrory doesn’t exist outside of Orion Finance’s marketing material, making him a prime Boris CEO candidate.
McCrory features on Orion Finance’s website and marketing videos.
The actor playing McCrory has a bit of a strange accent. It’s Irish but for some reason he’s trying to sound American.
McCrory appears to have been hired in Dubai. In another marketing video, shot in Dubai, the McCrory actor is dubbed over with an eastern-European narrator.
Boris CEO schemes are typically the work of Russian and/or Ukrainian scammers.
Further supporting this is Orion Finance marketing videos being officially translated into Russian.
Orion Finance’s website domain (“orionfinance.org”), was privately registered on June 9th, 2021.
Despite only existing as of a few months ago, Orion Finance falsely claims its
team has been working in the IT field at the beginning of the 2000s.
A dedicated unit has been exclusively dedicated to Blockchain since 2013.
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…]
FomoEX operates in the cryptocurrency MLM niche. The company fails to provide a corporate address on its website.
Heading up FomoEX is Stephen Meade (President) and David Hung (CEO).
Stephen Meade (right) is an unknown in the MLM industry. Over the past few years he’s reinvented himself as a crypto bro.
Meade’s crypto bro adventures appear to have culminated in MonetaPro, a failed cryptocurrency ecommerce platform.
Over the past two years or so Meade has also jumped on the podcast bandwagon.
The last episode of “The BullsEyeGuy” was uploaded to YouTube on September 23rd, 2021. It has 11 views.
FomoEX’s website credits David Hung as
Owner of the largest Filecoin farms in Singapore, Hold mining farm in Singapore and USA. [sic]
Other than that there’s not much out there on Hung. He appears to be another crypto bro with nothing much else going on.
Based on his appearance in a FomoEX marketing video, and Chinese-language spam articles talking up his ties to FileCoin, Hung is believed to have ties to China.
This tracks with FomoEX running on a Shanghai time commission schedule.
On Facebook Stephen Meade represents he is based out of California in the US.
FomoEX recently held a prelaunch event in Dubai. Both Meade and Hung were in attendance.
Whether the pair have taken the precautionary measure of relocating there yet though is unclear.
Dubai is the MLM scam capital of the world. The emirates lack of regulatory enforcement sees it attract MLM scammers from all over the world.
At least for now, FomoEX has chosen Dubai to launch its business operations from.
On the pseudo-compliance side of things, FomoEX pretends it is based out of the British Virgin Islands in its website Terms of Service:
BVI is another hidey-hole with no active MLM fraud related regulation. Because of this it a favorite jurisdiction for scammers to incorporate shell companies in.
Read on for a full review of FomoEX’s MLM opportunity. [Continue reading…]
Success by Health and Jay Noland are set to appeal three orders against them; the original preliminary injunction order, and the FTC’s granted motion for sanctions and summary judgment. [Continue reading…]
Appi Travels has received a pyramid scheme warning from the Bank of Russia.
Following an internal investigation, the Bank of Russia states it has “established” Appi Travels exhibits “signs of a pyramid scheme”. [Continue reading…]
Lyoness has lost a five-year defamation lawsuit brought against two bloggers in Poland.
The suit pertained to articles published under the pseudonym “antylyoness” on the “blox.pl” website from 2013. [Continue reading…]
Ghanaian authorities have arrested another fifteen QNet affiliate scammers.
Health Canada has recalled BlackOxygen’s products “due to potential health risks”.
As per a recall alert issued on September 23rd, Health Canada warns; [Continue reading…]