companies @ BehindMLM

The Neura Technologies Ponzi scheme has collapsed. Instead of just admitting new investment ran out to pay withdrawals, Neura Technologies is stringing investors along with recovery promises.

Whale AI has no website, it operates through a Telegram bot going by “Whale-AI” (@WhaleAi8_bot). As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Back in 2022 OneCoin rolled out new CEO Ventsislav Zlatkov. Zlatkov featured in a few OneCoin marketing promo videos and then… not much else. On February 18th, OneCoin announced Zlatkov had been dumped.

Plaintiffs United Investor Community INC., Lyadunni Udugba and Olungbenga Bernard Adesuyi have filed a RICO class-action against OmegaPro and associated scammers.

A proposed EminiFX victim claim distribution plan has been approved. As per an order issued on January 21st, the EminiFX Receiver is authorized distribute recovered assets to victims of the scam.

Indian authorities have seized $19.5 million from QFX Trade scammers. The Times of India reports QFX Trade was a forex ruse Ponzi operating as BotBro, TLC Coin (not related to Total Life Changes) and Yorker FX.

Following an investigation that began in 2016, Norwegian authorities have laid charges against four Crypto 888 Club Ponzi scammers.

AI-UP fails to provide ownership or executive information on its website. AI-UP’s website domain (“ai-up.top”), was AI-UP has already attracted the attention of financial regulators. The Central Bank of Russia issued an AI-UP pyramid fraud warning on February 10th, 2025. As always, if an MLM company is not openly upfront about who is running or [Continue reading…]

BitConnect founder and wanted fugitive Satish Kumbhani has been tracked to Ahmedabad, a city in the Indian state of Gujurat.

BitHarvest has received a pyramid fraud warning from the Central Bank of Russia (CBR). As per the CBR’s February 14th warning, BitHarvest exhibits “signs of a financial pyramid”.