companies @ BehindMLM

The O’Qubuss Ponzi scheme has collapsed. As November 16th “official communication”, daily returns and withdrawals have been suspended. Affiliate recruitment and new investment has also been disabled, which together with no withdrawals leaves O’Qubuss dead in the water.

FutureNet Ponzi co-founder Stephan Morgenstern has been arrested in Greece. Morgenstern’s arrest was part of a joint operation that took place on October 26th.

Hanli Lombard’s MulaUp cycler Ponzi scheme has collapsed for a fourth time. As per a recent newsletter sent out to investors, a fifth “MulaUp Mobile” reboot is planned.

After months of nonsense and at times even flat out lies, Awakend has finally begun shipping its Zenith weight loss supplement. Just one problem… the shipped Zenith has completely different ingredients to what Awakend has been marketing since August.

The Supreme Court has denied BitConnect scammer Glen Arcaro’s petition for a writ of certiorari.

Alan Friedland’s NRGY Ponzi scheme has long since collapsed. It was the typical Ponzi pump and dump, never recovering from the initial withdrawal theft of funds by early investors. NRGY investors are now being funneled into StarStake, a failed NFT platform that recently launched a fraudulent investment scheme.

Financial Education Services’ court-appointed Monitor (formerly Receiver), has filed his first report. Overall FES has taken steps to address compliance, but top earners appear to still be flouting rules.

OmegaPro appears to have reached critical mass. Following a bonus investment promotion, the Ponzi scheme has now rolled out its own crypto token exit-scam.

Coming off the collapse of Peace Ranch, a “click a button” Ponzi app that targeted South Africa, two similar ranch themed Ponzis target Indians. Nestle Ranch launched on or around May 2022. Despite the name, Nestle ranch has nothing to do with the well known brand.

Of the 300,000 investor accounts Mirror Trading International boasted, around 90% were just email addresses. That is to say, Mirror Trading International only had around 30,000 actual investors.