Disruptive Studio launches crypto Ponzi with Darren Olayan
Serial scammer Darren Olayan’s latest grift is a Ponzi scheme run through Disruptive Studio.
Nui @ BehindMLM
Crypto CNL rebooted as Homes CNL, Ponzi factory exposed
Crypto CNL has collapsed. The scammers behind Crypto CNL have wasted no time rebooting the Ponzi scheme as Homes CNL. In doing so, they’ve also inadvertently exposed a Russian MLM Ponzi factory.
BitMobb: Darren Olayan moves Nui Ponzi scheme to Brazil
Yesterday longtime BehindMLM reader GlimDropper shared a Nui update with us. Through Nui International, Darren Olayan was offering 12 month crypto investment contracts. Following a $595,000 securities fraud fine from Utah in late 2020, Olayan had been laying low. Having abandoned his social media in December 2017 as multiple regulators launched investigations into Nui, Olayan [Continue reading…]
FTC sends 379 MLM companies deceptive/unfair conduct notices
Nov.02, 2021 in
ACN, Ariix, CashFX Group, companies, DFRF Enterprises, Dubli Network, Eaconomy, EmpiresX, Empower Network, ForeverGreen, FutureNet, GVO, Herbalife, iMarketsLive, Investview, Jeunesse, Karatbars International, LaCore Enterprises, Le-Vel, Lyoness, Nu Skin, Nui, OneCoin, OnPassive, Paparazzi, regulation, Seacret Direct, Sisel, Traffic Monsoon, USFIA, Valentus, Visalus, Wakaya Perfection, World Ventures, Young Living, Youngevity
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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…]
PGI Global collapses, initiates exit-scam through… Nui’s Kala?
Following non-payment of withdrawals and an effective collapse, PGI Global has made an announcement suggesting they’ll be exit-scamming through Kala. That’s the same Kala shitcoin Nui launched three years ago.
Darren Olayan issued Mintage Mining securities fraud C&D
The state of Michigan has issued Darren Olayan a securities fraud cease and desist pertaining to Mintage Mining. Michigan’s notice was issued on April 8th, however I only came across it today as part of my research into Olayan’s $595,000 Utah fine. As per Michigan’s cease and desist;
Darren Olayan fined $595,000 for Divvee securities fraud
The Utah Division of Securities has fined Divvee Social and Darren Olayan $595,000 as part of a securities fraud settlement.
Olayan to focus on Nui International Ponzi, “leaves” Appliqate
In an attempt to distance itself… from itself, Darren Olayan has resigned from Nui’s parent shell company Appliqate. Nui’s company history is intentionally convoluted. At present the only thing going for Nui is Nui International.
R Network committing securities fraud thru “stock ownership”
In a recent official R Network marketing video, a “common stock ownership” scheme was pitched to prospective affiliates. Neither R Network or their executives are registered with the SEC, meaning the offer constitutes securities fraud.
Nui tries to censor criticism in Brazil, loses in court
Nui’s “Nui International” Ponzi scheme is particularly popular in Brazil. As I write this Alexa estimates 44% of traffic to Nui International’s website originates from Brazil. Not everyone is on board though. Last October the YouTube channel “Reis das Financas” published a general alert on Nui Social. A followup video was published back in February. [Continue reading…]
