Approval has been granted to sell NewAge off to original Morinda co-founder John Wadsworth.
companies @ BehindMLM
Phillip Piccolo has filed for Chapter 7 bankruptcy, resulting in the long-running Vista Network civil lawsuit being stayed.
I’m not sure when exactly it happened but earlier this year, possibly in late 2021, Total Life Changes founder and CEO, Jack Fallon, fancied himself a crypto bro. To that end, Total Life Changes put out an ad looking for an “NFT/ Crypto Specialist”:
Both the SEC’s and CFTC’s civil cases against EmpiresX and its owners have been administratively stayed.
Youngevity’s foray into forex trading popped up on BehindMLM’s radar back in January. We didn’t have a company name but knew Sal Leto was involved. Leto’s past raised a red flag but we didn’t see anything overtly out of compliance. In July 2022 Youngevity’s forex offering was given the name 8 Minute Trader. A launch [Continue reading…]
Antares Trade has deleted its official YouTube channel. In what appears to be an attempt to mask the second stage of its exit-scam, Antares Trade falsely claimed YouTube suspended the account.
Upon learning of an investigation into his Ponzi scheme Mining Capital Coin, Luiz Capuci Jr. abandoned his life in the US and fled to Brazil. It was a calculated move, with Capuci believing Brazil’s policy of not extraditing its citizens would protect him from justice. Unfortunately that hasn’t quite panned out. While the DOJ’s criminal [Continue reading…]
Following its Chapter 11 bankruptcy, DreamTrips emerged as the successor to WorldVentures about a year ago. DreamTrips came about as a result of Verona International Holdings acquiring WorldVentures’, namely the MLM company and Rovia (WorldVentures’ in-house travel services provider). BehindMLM reviewed DreamTrips in November 2021, following a November 16th launch announcement. A reader recently wrote [Continue reading…]
Dmining fails to provide company ownership or executive information on its website. Dmining’s website domain (“dmining.top”), was privately registered on March 1st, 2022. SimilarWeb currently ranks top sources of traffic to Dmining’s website as Italy (79%), Rwanda (11%) and Croatia (10%). As always, if an MLM company is not openly upfront about who is running [Continue reading…]
Validus has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). In their September 15th warning, the FMA advises they