companies @ BehindMLM

Alcacor operates in the cryptocurrency MLM niche. Heading up Alcacor is Director Magnus Larsson. Larsson is a former promoter of the Crowd1 Ponzi scheme. Crowd1 was launched by Swedish national Jonas Werner in 2019. The Ponzi scheme has pitched passive returns through numerous ruses over the years. Crowd1 spent most of 2022 coming up with [Continue reading…]

The future of 77 year old MLM company Tupperware is uncertain. In an April 4th regulatory filing, Tupperware expressed “substantial doubt about the company’s ability to continue as a going concern”. While I’ve seen this boilerplate statement in many MLM company regulatory filings, Tupperware’s operational status does seem to warrant concern.

The Paparazzi “leaks” case has been stayed pending the outcome of ordered arbitration proceedings. Objections to compelled arbitration were overruled as per an April 3rd order.

The SEC’s EmpiresX civil fraud case has been reopened. Last October both the SEC’s and CFTC’s parallel EmpiresX civil proceedings were stayed, pending Hague service on co-founder defendants Emerson Pires and Flavio Goncalves.

Validus has received a second securities fraud warning from New Zealand. The warning follows the Financial Markets Authority ordering Validus to cease operations nationwide back in February.

Snap Delivered has added and ERC scheme and Vidgo streaming to its MLM opportunity. Both are a departure from the food delivery service Snap Delivered started with.

Eight former distributors have sued Financial Education Services for wrongful termination and unpaid commissions. Plaintiffs Michelle Cofer, Keedic Cofer, Cortez Jenkins, Tameisha Jenkins, Geraldine Andre, Djivenino Andre, Marlon Hester Sr. and Monika Griffin filed a proposed class-action in Michigan on November 14th, 2022.

Back in May 2019 a federal jury awarded $925 million in statutory damages against Visalus. The award pertained to alleged violations of the Telephone Consumer Protection Act (TPCA). Visalus was accused of illegally making almost 2 million robocalls to consumers. The $925 million amount was calculated based on Visalus making 1,850,440 calls, and the minimum awardable [Continue reading…]

Youngevity’s renewed legal action against Dave and Barb Pitcock has come to an end. As per a March 22nd order, the Pitcocks and defendants Innov8tive Nutrition, LaCore Enterprises, LaCore Nutraceuticals and LaCore Labs prevailed on a motion to dismiss.

After covering Poland’s July 2022 pyramid scheme warning a few days ago, my interest was piqued when inCruises’ response popped up in my news feed. Upon clicking through, I was surprised to see inCruises response was dated March 22nd. A cursory poke around left me unable to definitively establish that inCruises backdated their press-release, presumably [Continue reading…]