companies @ BehindMLM

Following its bankruptcy exit-scam from Sweden, Crowd1 announced it was releasing “Emperor Knights”. Emperor Knights is a mobile “play to earn” cash grab, purportedly developed by Rebel Nation. Rebel Nation is being presented as a third-party partnership, but is in fact owned by Sverker Ake Mattias Caron. Caron is a former Crowd1 executive. He was [Continue reading…]

The Lusate Ponzi scheme has collapsed. On June 16th Lusate’s website was reverted to a diagnostic page, indicating the entire site and backend had been deleted:

Less than a month after telling Daxio victims to “get the fuck out”, new CEO Robert Malkvist is already feuding with founder Frode Jorgensen. Communications between the pair have broken down to the extent Malkvist is now publicly shaming and threatening Jorgenson on social media.

Top-earner Jay Bennett has sued Isagenix over what he refers to as “The False MLM Promise”.

Family First Life’s (former?) CFO, circa 2022, is alleged to have referred to the company’s compensation plan as a “Ponzi scheme”.

Ruja Ignatova’s arrest bounty has been bumped to $250,000. When Ignatova was added to the FBI’s Ten Most Wanted Fugitives list in July 2022, the original bounty was $100,000. Given OneCoin was a $4 billion Ponzi scheme, this seemed a little on the light side. $250,000 isn’t comparatively significant but is nonetheless more than the [Continue reading…]

Fintoch appears to have wrapped up its exit-scam by disabling its website. At time of publication attempts to visit Fintoch’s website return an “ERR_NAME_NOT_RESOLVED” DNS error. This doesn’t appear to be a temporary error as I noted Fintoch’s website has been manually removed from Google’s search results. Typically a previously accessible website can linger for [Continue reading…]

Jan Gregory’s Ponzi empire is falling apart. In what appears to be retaliation against ongoing investigative reporting into fraud, Gregory has issued a death threat against Oz, editor and author of BehindMLM.

The S-Group Ponzi scheme has collapsed. On June 10th S-Group investors were informed of “maintenance work” on S-Wallet. Since then there’s only been one vague update.

Emerson Pires and Flavio Goncalves, co-founders of the EmpiresX Ponzi scheme, have copped a $45.8 million judgment in their SEC fraud case.