HYIP Max fails to provide ownership or executive information on its website. HYIP Max operates off a subdomain at “bg5-life.cloudair.store”. If we visit “cloudair.store” we find CloudAIR, a “click a button” app Ponzi run by Chinese scammers. The “cloudair.store” website domain was privately registered on September 18th, 2023. Although HYIP Max operates in Pakistani Rupees [Continue reading…]
companies @ BehindMLM
BehindMLM first reviewed Got Back up back in 2015. The MLM company is part of Global Virtual Opportunities (GVO), owned by Joel Therien. Not sure how Got Backup has gone throughout the years but recently there’s been an uptick in the business. SimilarWeb tracked an increase in Got Backup website traffic, from ~53,400 in June [Continue reading…]
Eight EXW Wallet suspects have been indicted in Austria. Two have been arrested and remain in custody pending the outcome of a criminal trial. Said trial kicked off on September 27th.
OBC AI fails to provide ownership or executive information on its website. OBC AI’s website domain (“obcai.com”), was first registered in 2001. The private registration was last updated on May 11, 2023. Through the wayback machine we can see OBC AI’s website domain was listed for sale as late as March 2023. This correlates with [Continue reading…]
Jeremie Sowerby has been arrested on fraud charges related to multiple MLM crypto Ponzi schemes. Sowerby and co-conspirator Luis Ortega were indicted under seal on September 19th. The indictment details charges related to Now Mining, VIP Mining and Millennium Technologies.
Tecademics co-founder Jim Piccolo (aka James Philip Piccolo), has been sentenced to 18 months in prison. Piccolo was charged with tax fraud in January 2023. As alleged by the DOJ;
CDC (aka Cryptocurrency Data Cloud), fails to provide ownership or executive information on its website. CDC’s website domain (“cdccoin.com”), was privately registered on July 1st, 2023. If we look at CDC’s website source-code we find Chinese: This strongly suggests whoever is running CDC has ties to China. As always, if an MLM company is not [Continue reading…]
The SEC has sued two additional promoters of the Mike G Deal (aka CoinDeal). Arline Woodbury (70) and Joyce Holverson (76), stand accused of “making and/or disseminating various false statements about CoinDeal when soliciting prospective investors.”
Following a bench trial held last October, the Northern District Court of Texas began deliberation on FTC v. Neora. On September 28th the court handed down its findings, ruling in favor of Neora.
The Toga Limited Ponzi scheme has lost its sham SEC registration. As part of efforts to dupe investors in Asia, Toga Limited heavily touted its SEC registration in its marketing.