Mining City @ BehindMLM

Mining City a Ponzi scheme, confirms Phillipine SEC

Following publication of our “Mining City lying about Philippine SEC registration” article earlier this week, I’ve had Mining City corporate emailing me to insist the SEC’s own information is wrong. That discussion has now come to a head, following confirmation from the SEC that Mining City is a Ponzi scheme.


Mining City confirms shell company registered with SEC

Yesterday BehindMLM published an article exposing Mining City lying about being registered with the SEC. Within hours of the article going live, “Media Mining City” sent us a response email.


Mining City lying about Philippine SEC registration?

In a recent Mining City webinar, CEO Gregory Rogowski claimed the company had obtained an license with the Philippine SEC. As per correspondence received by the SEC after the webinar aired, the Philippine SEC have confirmed Mining City remains unregistered. Not only that, the regulator appears to be building a case against local promoters.


Mining City securities fraud warning issued in Philippines

Mining City has received a securities fraud warning from the Philippines SEC. The Philippines SEC has identified Mining City as a “security in the form of (an) investment contract”.


Mining City Review 2.0: Expanded crypto mining sec fraud

BehindMLM reviewed Mining City just over a year ago last June. Since launching as an unregistered securities investment opportunity, Mining City is now offering returns in bitcoin and bitcoin vault. The compensation plan has also been updated, prompting readers to request a review update. Today we revisit Mining City’s MLM opportunity.


Mining City Review: Bitcoin mining securities fraud investment scheme

Mining City provides no information about who owns or runs the company on their website. The Mining City website domain (“miningcity.com”) was first registered back in 2003. The domain registration was last updated on December 20th, 2018, which is likely when the current owner(s) took possession of it. “Prophetek” is listed as the domain owner, [Continue reading…]