Veraxis markets itself as Veraxis Global Business School. As far as I can tell, Veraxis is not accredited by any education board.

That’s first and foremost because Veraxis isn’t a school. We’ll get a bit more into that in the conclusion of this review.

Veraxis operates from three known website domains:

1. venisonamerica.com – registered in 2017, purchased by Veraxis admin(s) on or around October 3rd, 2025 (private registration)
2. veraxisglobalbusinessschool.com – registered on April 26th, 2025, private registration last updated on November 2nd, 2025
3. veraxisgbs.com (non-functional, used for support email) – registered on June 26th, 2025, private registration last updated on November 6th, 2025

While Veraxis does provide a list of executives on its website, these are fictional identities represented by AI-generated avatars:

Accompanying Veraxis’ AI-generated executives are AI-generated marketing videos:

The videos are spliced with stock footage and AI robodub narration. It’s unclear whether Veraxis’ fictional executives are modelled on real people or are complete AI fabrications.

Either way, the use of AI to deceive consumers is typical of scammers seeking to hide their identity.

One Veraxis AI marketing video, featuring AI-generated avatars spliced with stock footage, represents a Veraxis marketing event held in Indonesia.

While not definitive this suggests, combined with the use of fictional executives, this Veraxis is being run by Chinese and/or Russian scammers.

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…]

Noted as far back as May, BitClub Network defendant Joby Weeks has been flooding his criminal case docket with motions and notices.

Most of the motions aren’t worth reporting in one of the motions Weeks sought to withdraw his guilty plea. [Continue reading…]

AM, or Alpha Metrics Engine, fails to provide ownership or executive information on its website.

AM’s website domain (“amengine.cc”), was registered in October 2024. The private registration was last updated on October 12th, 2025.

If we look at AM’s website source-code, we find Chinese:

This suggests whoever is running AM 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…]

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

Bluelitty’s website domain (“bluelitty.com”), was privately registered on January 12th, 2025.

Despite only existing since early 2025, in its marketing material Bluelittly falsely represents it was founded in 2016 by “David Williamson”:

David Williamson doesn’t exist outside of Bluelitty’s own marketing.

One actual person we can tie to Bluelitty is Arichel Piedra, author of Bluelitty’s official marketing presentation:

In what appears to be an act of deception, Piedra’s insider status within Bluelitty isn’t disclosed. Instead, Bluelitty presents Piedra as a promoter from Cuba:

In June 2024 Piedra was promoting EndoTech on his Instagram profile:

EndoTech is a securities fraud facilitator attached to several MLM schemes; e.g. iGenius and Daisy Global.

Piedra announced Bluelitty on his Instagram profile on January 22nd, ten days after the website domain was registered:

All signs point to Piedra running Bluelitty. Whether Piedra is running Bluelitty by himself is unclear.

In an attempt to appear legitimate, Bluelitty provides a registration certificate for “Bluelitty Limited”. Bluelitty Limited was purportedly registered in the UK on February 19th, 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…]

The third iteration of iGenius’ CoinPro offering sees it partnering up with Blue Square Wealth, an SEC-registered US firm. [Continue reading…]

Serial MLM crypto scammer Nicholas Coppola has received a two year suspended prison sentence.

Following victim complaints that prompted an investigation, authorities allege Coppola defrauded eighteen investors out of €400,000 EUR.

Following his arrest last December in Italy, Coppola’s trial was scheduled for October 2025. [Continue reading…]

SageMaster has received a securities fraud warning from Austria’s Financial Market Authority (FMA).

As per FMA’s November 3rd SageMaster warning; [Continue reading…]

HelloBit has received a second securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV).

As per CNMV’s October 20th HelloBit warning; [Continue reading…]

Meta Whale has received a pyramid scheme fraud warning from Slovenia’s Securities Market Agency (ATVP).

As per ATVP’s October 6th Meta Whale warning; [Continue reading…]

On the heels of MetaMask flagging DAO1 back in July, Xova has been launched.

Xova operates from the website domain “xovawallet.com”, privately registered on August 22nd, 2025.

No ownership details are provided on Xova’s website. If we visit Xova’s Google Play Store app page however, we learn the app was developed by Swed Schield AG: [Continue reading…]