SpacumTV fails to provide ownership or executive information on its website.

SpacumTV operates from the website domain (“spacumtv.com”), privately registered on May 1st, 2025.

I’m noting that SpacumTV’s website mentions “sub resellers”. The only instances I’ve seen this “sub” terminology used is in MLM companies run by Indians.

This of course isn’t conclusive, but it’s worth noting that SpacumTV’s official FaceBook page is managed from India and the US.

SpacumTV is probably run by Indians from India and the US, or from India with a US VPN.

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…]

XAB Club fails to provide ownership or executive details on its website.

In fact as I write this, XAB Club’s website is nothing more than a promoter login form:

For reference, XAB Club’s website domain (“xabclub.com”), was privately registered on November 18th, 2025.

Further research reveals marketing videos dating back to October 2025, naming Rehan Gohar as XAB Club’s co-founder and CEO:

Rehan Gohar meanwhile is a serial MLM crypto Ponzi fraudster.

Rehan Gohar and brother Rizwan Gohar were behind the BizzTrek pyramid scheme, launched back in 2018.

BizzTrek collapsed around mid 2019. This prompted the launch of BizzTrade, a forex themed Ponzi scheme.

BizzTrade collapsed in mid 2020, prompting a reboot with “BizzCoin” and crypto trading.

BizzCoin’s crypto Ponzi collapsed towards the end of 2020. 2021 was mostly spent feeding BizzTrade victims various excuses.

In December 2021 BizzTrade Pro launched. BizzCoin was swapped out for BizzCoin Pro, and the Ponzi scamming continued.

BizzTradePro lasted until April 2022, prompting the Gohar brothers to launch NextGen Academy.

NextGen Academy began to collapse by early 2023, prompting the launch of My Car Club in March 2023.

Following a regulatory enforcement action in Australia tied to money laundering, NextGen and My Car Club collapsed in or around May 2023.

After lying low for some time, Rehan Gohar resurfaced in 2025 with XRP AI Bot.

XRP AI Bot was a typical AI trading bot Ponzi, with the AI trading bots purportedly created by “Jack Muller”, aka “Jan Van Muller”.

A visit to XRP AI Bot website today reveals the Ponzi has collapsed:

Van Muller is back as CEO of XAB Club, making it an effective XRP AI Bot reboot. “XAB” itself is an abbreviation of “XRP AI Bot”.

XAB Club marks Rehan Gohar’s sixth MLM crypto Ponzi launch (technically BizzTrek was just a pyramid scheme).

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…]

Loanledger fails to provide verifiable ownership or executive information on its website.

Loanledger operates from three known website domains:

1. loanledger.net – privately registered on November 12th, 2025
2. loanledger.is – privately registered on November 15th, 2025
3. loanledger.org – privately registered on November 14th, 2025

Despite being less than two months old, on its website Loanledger falsely represents is was launched in 2020.

The story of Loanledger began back in 2020, when our founder and CEO, William Carter, brought together a team of professional traders and software engineers to explore how artificial intelligence could reshape modern investing.

As for “William Carter”…

…Carter appears on Loanledger’s website and in its marketing videos, but doesn’t exist outside of Loanledger itself:

A BehindMLM reader has written in to advise Carter is played by “Ryan” from Canada:

As above, “Ryan” is or has been teaching English in Ukraine.

On social media, “Ryan” goes by Ryan Joseph Kingwell. On September 29th, 2025, Kingwell posted footage of a staged Loanledger marketing video on Instagram:

In one shot we can see “Alex” wearing a Feelmake Video t-shirt:

Feelmake Video is a video production studio in Kiev, Ukraine. This tracks with the majority of Boris CEO scams being run by eastern European scammers (Russia, Ukraine and Belarus).

Ryan Kingwell made his only appearance on Loanledger’s YouTube channel on Ocotber 21st, 2025. Kingwell playing Boris CEO “William Carter” might have already been replaced.

On November 10th, 2025, Loanledger introduced “Oliver Tate”:

The actor playing Tate has an eastern European accent and has probably been recruited within Ukraine.

On December 17th, serial promoter of Ponzi schemes Vaughan Morrill cited “Oliver Tate” as Loanledger’s creator:

The above screenshot is taken from Vaughn’s “Unlimited Freedom” channel. The same video, in which Morrill is cited as Loanledger’s “media partner”, was uploaded to Loanledger’s YouTube channel on December 15th.

In an attempt to appear legitimate, Loanledger provides UK and Australian company certificates on its website and in its marketing materials.

“Loanledger AI Systems LTD” was registered in the UK on May 12th, 2025. The same company name was registered in Australia on May 16th.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

Case in point, Loanledger AI System LTD was registered in the UK and Australia by William Carter. We’ve already established Carter doesn’t exist.

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…]

Welbit fails to provide verifiable ownership or executive information on its website.

Welbit is purportedly fronted by “Oliver Hogan”:

Hogan doesn’t exist outside of Welbit’s marketing. Marketing videos on Welbit’s official YouTube channel reveal the actor playing Hogan has an eastern-European accent.

This fits with the majority of Boris CEO Ponzi schemes being run by Russians, Ukrainians and/or Belarussian scammers.

Welbit’s website domain (“welbit.com”), was privately registered on November 14th, 2011 (not a typo).

It’s assumed although DNS hasn’t updated, Welbit’s website domain was only recently acquired. Supporting this is Welbit’s official FaceBook page being created on November 5th, 2025.

In an attempt to appear legitimate, Welbit provides a Canadian company registration certificate for “Welbit Limited” (24th December, 2025).

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

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…]

LoomX, aka LoomX Protocol, fails to provide ownership or executive information on its website.

LoomX’s website domain (“loom-x.io”), was privately registered on December 29th, 2025.

Note LoomX’s root domain is disabled. LoomX is accessed on the subdomain “app.loom-x.io”.

If we look at the file properties of LoomX’s compensation documentation, we find Chinese:

This suggests whoever is running LoomX has ties to China.

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…]

AI Viral Downline fails to provide ownership or executive information on its website.

AI Viral Downline’s website domain (“aiviraldownline.com”), was privately registered on November 14th, 2025.

In the footer of the “about” section of AI Viral Downline’s website we find an Indiana address:

This same address was used on M80 Advertising’s website:

M80 Advertising was a 2023 adcredit pyramid scheme run by serial fraudster Jeremy Duncan.

Sure enough, we find Jeremy Duncan promoting AI Viral Downline on social media:

Jeremy Duncan (right) is a serial fraudster. To date BehindMLM has documented seven of Duncan’s pyramid schemes:

1. M80 Advertising (early 2023)
2. The Rocket Recruiter (April/May 2023)
3. My Traffic Powerline (August 2023)
4. ShareTheWinnings (January 2024)
5. Fast Start Profits (August 2024)
6. Split The Winnings (December 2024)
7. Cash Multiplier System (October 2025)

This time around there appears to be an effort to hide Duncan’s ownership of AI Viral Downline.

In addition to there being no mention of Duncan on AI Viral Downline’s website, Duncan is only a member of the official FaceBook group.

As above, admins running the official AI Viral Downline FaceBook group are Kenneth Wasiewicz, Pete Delmonico and Lillian Ilich. All three are serial promoters of MLM scams.

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…]

The Office of Competition and Consumer Protection (UOKiK), has announced it is investigating Be Club for suspected pyramid fraud.

As announced back on March 26th, 2025; [Continue reading…]

Defunct MLM company iMarketsLive has been fined 9.4 million PLN for pyramid fraud in Poland ($2.6 million USD).

As per UOKiK’s December 29th, 2025 press-release; [Continue reading…]

Meta Whale has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

ASIC added Meta Whale to its Investor Alert List on November 28th, 2025. [Continue reading…]

iGenius has been fined 14.66 million PLN for pyramid fraud in Poland ($4.08 million USD).

As per UOKiK’s December 29th, 2025 press-release; [Continue reading…]