companies @ BehindMLM

The SEC has confirmed a federal investigation into the NovaTech FX Ponzi scheme. Following non-compliance of investigative subpoenas served on Dap Dunbar and Corrie Sampson, the SEC obtained a court order enforcing compliance.

GSPro has blocked Canadian investors from accessing its fraudulent “metacertificates” investment scheme.

FC Sports Football fails to provide ownership or executive information on its website. FC Sports Football’s website domain (“fcsportsfootball.com”), was registered with bogus details on January 15th, 2024. Of note is FC Sports Football’s domain being registered through a Chinese registrar. This suggests ties to China. As always, if an MLM company is not openly [Continue reading…]

Serial Ponzi scammer Sam Lee’s response to his criminal indictment is that victims “lied to regulators”. Lee’s assertion was made on a recent webinar, amid reports Lee is gearing up to launch a new Ponzi.

A NovaTech FX investor has filed a RICO class-action in the Southern District of New York.

GSPartners has received a fraud warning from New Zealand. As per the Financial Markets Authority’s February 7th warning, the regulator

OmegaPro.IN has received a securities fraud warning from Spain. As per the Comision Nacional del Mercado de Valores’ February 5th warning, OmegaPro.IN

TranzactCard DBOs who were duped into paying $495 are being denied refunds. As part of TranzactCard rebooting as FinMore, DBOs were told they’d be entitled to refunds. This claim has been publicly parroted by promoters of the scheme. While TranzactCard DBO refunds are available in some instances, unfortunately there’s a major catch.

PartyLite has announced it is “transitioning” away from its MLM model. In its place PartyLite will sell directly to consumers, cutting their MLM distributors off from downline commissions.

Despite denials by distributors, evidence suggests FinMore is literally a copy and paste reboot of TranzactCard.