Karatbars International @ BehindMLM

Scandal surrounding a halted hyrdoelectric plant has seen Croatian journalists link the project to Sasa Svalina and brother-in-law Josip Heit. Heit is currently going through a refund settlement nightmare, following securities fraud allegations pertaining to a billion dollar “fraudulent investment scheme”. The latest out of Croatia is a September 22nd report from Dusan Miljus of [Continue reading…]

Veelive has surfaced as a spinoff of Harald Seiz’s failed Minebase Ponzi scheme. Before we get to Veelive though, we need to look at where MineBase is at.

MineBase is the latest brainchild from Harald Seiz. Seiz, a German national, is best known in the MLM industry for ripping off a ton of people through Karatbars International. Karatbars International began in 2011 as a gold-themed pyramid scheme. Circa 2017-2018, Seiz partnered up Gold Standard Bank and owner Josip Heit. This partnership saw Karatbars [Continue reading…]

Karatbars International, Karatbit Exchange and V999 have received securities fraud warnings from Alberta, Canada.

A German court has issued an arrest warrant for Karatbars International founder and CEO Harald Seiz.

The recently revealed Karatbars International reboot is missing one thing: Harald Seiz. Although it made it to my editorial notes as I researched MineBase, I figured the fact that Karatbars credentials could be used to log in to MineBase, and excerpts from Seiz sprinkled throughout the site, was enough to make it official. A BehindMLM [Continue reading…]

Back in June Karatbars International investors were being funnelled into an Acua Wellington branded recovery scam. Whatever Acua Wellington was it’s come and gone. Harald Seiz has now rebooted Karatbars International as MineBase.

Back in April Karatbars International affiliates reported receipt of an email from AcuaWellington. AcuaWellington represented they’d “taken over all receivables and liabilities of the Karatbars group of companies”. Further research reveals Acua Wellington is in all likelihood a recovery scam. But not your typical recovery scam.

BaFin has finalized its cease and desist order against Karatbars International.

Karatbars International owner Harald Seiz is gearing up to promote what sounds like a new business opportunity. The marketing carrot being dangled is unpaid commissions and shipment of non-existent gold.