Karatbars International @ BehindMLM

Karatbars International securities fraud warning from Alberta, CA

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

Arrest warrant issued for Karatbars International’s Harald Seiz

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

Karatbars International’s V999 Ponzi rebooted as MineBase

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.

Acua Wellington is a Karatbars International recovery scam

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.

Karatbars International cease & desist in Germany finalized

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

Harald Seiz’s secretive Karatbars International reboot

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.

FTC sends 379 MLM companies deceptive/unfair conduct notices

The FTC has issued at least 379 MLM companies with deceptive and/or unfair conduct notices. This was announced by the FTC on October 26th. If it slipped under your radar, you’re not alone. I learned of the FTC’s announcement via a tip sent in by a reader. At first I thought there was some funny [Continue reading…]

Harald Seiz announces Karatbars’ Lifebase shitcoin reboot

A day after BehindMLM covered GSPartners’ upcoming JONE shitcoin reboot, Harald Seiz has announced Karatbars will also be rebooting. In a Facebook post made roughly 12 hours ago, Seiz revealed Karatbars’ new shitcoin will be “LifeBase”.

Freebay added to New Zealand’s Karatbars fraud warning

Freebay has been added to New Zealand’s Financial Markets Authority’s Karatbars International securities fraud warning.

Karatbars securities fraud notice issued in Bahamas

Karatbars International has received a securities fraud notice from the Securities Commission of the Bahamas.