companies @ BehindMLM

We Share Abundance shifts to only paying out recruiters

We Share Abundance’s withdrawal issues continue, with the latest restriction seeing only those who recruit new investors able to withdraw.


BitConnect’s John Bigatton criminally charged in Australia

The Australian Securities and Investments Commission has filed criminal charges against John Louis Anthony Bigatton. Bigatton served as an Australian Director of the infamous BitConnect Ponzi scheme.


Youngevity’s Wakaya Perfection lawsuit settled

Youngevity’s long-running dispute against Wakaya Perfection and several individual defendants, has come to an end. On November 10th a settlement conference was held, revealing agreements had been reached by all parties involved.


CashFX Group securities fraud warning issued in Norway

Norway’s Financial Supervisory Authority (Finanstilsynet) has issued a securities fraud warning against the CashFX Group Ponzi scheme.


WorldVentures confirms Seacret Direct acquisition

After months of not paying affiliates and keeping them in the dark, WorldVentures has finally confirmed it is merging with Seacret Direct.


Philippine police officers investing in Crowd1 Ponzi scheme?

Crowd1 affiliates in the Philippines are attempting to align the Ponzi scheme with the Philippine National Police Force.


Joby Weeks pleads guilty to BitClub Network fraud

Jobadiah “Joby” Weeks has plead guilty to two counts of BitClub Network related fraud. As per the terms of a plea agreement reached with the DOJ, Joby Weeks has pled guilty to conspiring to offer and sell unregistered securities and tax evasion.


OmegaPro registers OMP Money shell company with FCA

The latest round of regulatory incompetence in the UK has seen OmegaPro register a shell company with the FCA. On its website OMP Money markets itself as;


WorldVentures in negotiations with Seacret Direct?

As reported in our article earlier today, WorldVentures has just laid off more than 50% of its remaining staff. Clause 2a. in the separation and release agreements, as provided to laid off WorldVentures employees, appears to confirm WorldVentures is in the process of being acquired by Seacret Direct.


WorldVentures “circling the drain”, lays off 50%+ staff

With international travel at a stand-still in many countries, it figures the MLM travel niche has taken a battering. Rumored to already be in financial trouble, WorldVentures appears to be on its last legs.