BE @ BehindMLM

The Financial Supervision Authority of Norway (Finanstilsynet), has issued an investment fraud warning against Be. As per Finanstilsynet’s March 23rd warning;

Following dozens of complaints from consumers, the Norwegian Gambling Authority sent Be a warning letter last October. The letter advised that the Gambling Authority suspected Be was an illegal pyramid scheme.

The Financial Superintendence of Colombia has issued a fraud warning against Be Rules. The SFC’s warning cites Be Rules by its multiple names, including Be, Melius and Be Factor.

Be marketing began in late May, early June 2020. The company is a reboot of Melius. Melius launched in late 2018, on the idiotic premise of giving out $50,000 real money trading accounts for $3000. The company was publicly headed up by CEO and co-founder Jeremy Prasetyo. Initially Melius’ other co-founders weren’t publicly acknowledged on [Continue reading…]

In the wake of US authorities bringing OneCoin’s criminal enterprise crashing down, no doubt there are a lot of people out there trying to bury their association. Since our initial review of OneCoin on September 23rd, 2014, in which we accurately analyzed and concluded OneCoin was a Ponzi scheme, BehindMLM has published no less than [Continue reading…]

Melius operates in the forex and cryptocurrency MLM niches. The company provides corporate addresses in Dubai and the UK on their website. The UK address is a virtual office, I wasn’t able to verify the provided Dubai address. Somewhat curiously, early Melius marketing material claimed the company had a third office in the US state [Continue reading…]

I don’t really follow chatter surrounding the bigger downlines of MLM companies too closely, but over the last few weeks OneCoin has been rocked by a series of high-profile departures. “Top Earner” David Imonitie, formerly of Organo Gold fame, joined OneCoin last October. For reasons he doesn’t go into, earlier this month Imonitie confirmed he [Continue reading…]