companies @ BehindMLM

ZiNRAi fails to provide ownership or executive information on its website. While ZiNRAi’s website does have a “leadership” section, it has been disabled: Further research reveals marketing spam hitting the internet about a month ago, naming Jason Brown as ZinRAi’s founder: The reason ZiNRAi hides Brown’s ownership from consumers is likely due to his Iyovia [Continue reading…]

Jobadiah “Joby” Weeks pled guilty to BitClub Network criminal charges in November 2020. Five years later, in a situation one assumes nobody is happy with, Weeks has yet to be sentenced. Back in May Weeks, who is currently on bail pending sentencing, received permission to relocate from Colorado to Florida. While in Florida, Weeks was [Continue reading…]

When the FTC filed an emergency motions seeking sanctions on August 28th, it accused Iyovia founder Christopher Terry of dissipating $9 million dollars. Prior to the granting of a preliminary injunction on August 12th, Terry transferred $9 million to Auspicious Irrevocable Trust (Auspicious). So the FTC argued, Iyovia funds were being dissipated through Auspicious in [Continue reading…]

Qwidex has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added Qwidex to its Investor Alert List on August 5th, 2025.

The SEC has secured a $46.2 million default judgment against Mining Capital Coin’s co-founders. Mining Capital Coin was an MLM crypto Ponzi launched in 2018. The SEC sued Mining Capital Coin and co-founders Luiz Carlos Capuci and Emerson Sousa Pires in 2022, initially alleging $8 million in securities fraud. This grew to $28.47 million as [Continue reading…]

Alex Morton has settled Iyovia fraud allegations with the FTC and Nevada for $76,286,886. Morton’s monetary judgment was part of a stipulated order settlement, filed on September 3rd. Based on a July 16th financial statement provided to the FTC, Morton will only pay $10 million of his $76.2 million judgment.

MWR Life has received a pyramid fraud warning from the Central Bank of Russia (CBR). As per the CBR’s September 1st warning, MWR Life exhibits “signs of a financial pyramid”.

BG Wealth Sharing fails to provide verifiable ownership or executive information on its website. The only name attached to BG Wealth Sharing on its website is founder “Professor Stephen Beard”: Stephen Beard doesn’t exist outside of BG Wealth Sharing’s website and is assumed to be a fictional identity. BG Wealth Sharing operates from three known [Continue reading…]

Although it’s presented as a third-party company, T7X is also credited as being behind Trusted Smart Chain’s blockchain. This is from Trusted Smart Chain’s website FAQ; The founder of T7X also established and launched the Trusted Smart Chain blockchain to provide a secure and compliant foundation for RWA trading across decentralized platforms. “RWA” stands for [Continue reading…]

Hubert Freidl’s Lyoness pyramid scheme has collapsed. Last week both the myWorld and Lyconet websites were disabled. Lyoness’ corporate website, hosted on “lyoness.com”, has also been disabled. myWorld’s official FaceBook page is still up but hasn’t been updated since August 6th. The official Lyconet FaceBook page was last updated on July 25th. The post has [Continue reading…]