companies @ BehindMLM

Kannaway appears to have sold its distributor and customer database to TranzactCard. This is based on a communication sent out by Kannaway earlier this week, advising distributors and customers they’ve been “pre-enrolled into Tranzact’s system”. As BehindMLM understands it, this was done without prior notice or consent of Kannaway’s distributors and customers.

USFIA victims have been given a final August 9th deadline to sort out their claims. Following a July 24th court order, the USFIA Receiver published the following update;

Eric Worre has been in the spotlight of late for recruiting people into Traders Domain, a half billion dollar Ponzi scheme. This followed Worre signing on with OmegaPro corporate and publicly endorsing the Ponzi scheme, which was tied to Traders Domain. Both OmegaPro and The Traders Domain collapsed in late 2022. Earlier today, Worre uploaded [Continue reading…]

GSPartners and Swiss Valorem Bank have received a securities fraud warning from Ontario, Canada. As per the Ontario Securities Commission’s July 25th, warning;

LaShonda and Marlon Moore have settled fraud charges brought against them for $9.7 million dollars. The Moores are also permanently prohibited running, participating in or having anything to do with MLM.

WETER has received a pyramid fraud warning from the Central Bank of Russia (CBR). As per the CBR’s July 24th warning, WETER exhibits “signs of a financial pyramid” scheme.

After “launching his own project” and “lying to people for 6 weeks”, as his investors put it, Terrence Pounds now claims he doesn’t own Keep It 100. Pounds’ announcement comes less than 48 hours after BehindMLM reported on Pounds pleading guilty to thirteen counts of COVID-19 loan fraud.

A few days ago BehindMLM published a review on BigWhale. We found the a typical MLM crypto Ponzi scheme, with a potential link to a publicly traded Canadian firm being an interesting twist. Being outed for committing securities fraud and running a Ponzi scheme has evidently terrified whoever is running BigWhale, such they sent in [Continue reading…]

BehindMLM published a review of Terrence Pounds’ Keep It 100 Ponzi scheme earlier this month. What I didn’t know at the time is Pounds had previously been indicted on fourteen counts of COVID-19 loan fraud.

Sam Lee has announced he’s “rebuilding” his Hyperverse Ponzi scheme. The announcement was made a few days ago, on a webinar hosted by Tami Jackson.