companies @ BehindMLM

The SCF Ponzi scheme has collapsed. Withdrawals have been disabled and the scam has trotted out a baloney “Chinese regulations!” exit-scam. In disabling withdrawals on October 2nd, SCF (aka Standard Cross Finance), sent out the following notice to investors;

The Verse Network Ponzi scheme has collapsed. Verse Network disabled withdrawals on September 28th.

GSPartners has disabled ROI payouts. Instead of addressing investors himself, GSPartners founder Josip Heit had Bruce Hughes deliver the bad news.

The Ant Ranch “click a button” app Ponzi scheme has collapsed. Earlier today the scam disabled its website and began feeding investors excuses.

Michael Glaspie has been sentenced to six years in prison for his participation in the Mike G Deal. Glaspie, 72, will surrender himself to the BOP on February 14th, 2024. He has also been ordered to pay a $2.4 million monetary judgment.

HYIP Max fails to provide ownership or executive information on its website. HYIP Max operates off a subdomain at “bg5-life.cloudair.store”. If we visit “cloudair.store” we find CloudAIR, a “click a button” app Ponzi run by Chinese scammers. The “cloudair.store” website domain was privately registered on September 18th, 2023. Although HYIP Max operates in Pakistani Rupees [Continue reading…]

BehindMLM first reviewed Got Back up back in 2015. The MLM company is part of Global Virtual Opportunities (GVO), owned by Joel Therien. Not sure how Got Backup has gone throughout the years but recently there’s been an uptick in the business. SimilarWeb tracked an increase in Got Backup website traffic, from ~53,400 in June [Continue reading…]

Eight EXW Wallet suspects have been indicted in Austria. Two have been arrested and remain in custody pending the outcome of a criminal trial. Said trial kicked off on September 27th.

OBC AI fails to provide ownership or executive information on its website. OBC AI’s website domain (“obcai.com”), was first registered in 2001. The private registration was last updated on May 11, 2023. Through the wayback machine we can see OBC AI’s website domain was listed for sale as late as March 2023. This correlates with [Continue reading…]

Jeremie Sowerby has been arrested on fraud charges related to multiple MLM crypto Ponzi schemes. Sowerby and co-conspirator Luis Ortega were indicted under seal on September 19th. The indictment details charges related to Now Mining, VIP Mining and Millennium Technologies.