companies @ BehindMLM

Although the Ponzi side of OneCoin collapsed in 2017, the MLM recruitment side continues to this day. And it’s not just easy pickings in third world countries either. As per an update from “OneCoin Scandinavia” last week, OneCoin is pivoting to travel discounts and forex fraud.

Amway has copped a six month ban in Japan due to recruitment scamming. An investigation by the Consumer Affairs Agency revealed Amway distributors are deceptively recruiting victims through dating apps.

Alex Reinhardt’s PLC Ultima Ponzi is collapsing, prompting him to launch PLCUX. PLCUX marks the third Ponzi reboot from Reinhardt.

Holton Buggs’ Meta Bounty Hunters Ponzi is gearing up for a second round of investment. The illegal securities offering is being marketed as Meta Bounty Hunters: Season Two; Meta Bounty Huntresses.

NewAge’s bankruptcy just got a whole lot more interesting. Having secured NewAge through a Purchase Asset Agreement back in August, John R. Wadsworth’s first order of business is suing the company’s former executives.   Update 19th October 2022 – Clarification on the above sentence; while Wadsworth did sign a NewAge purchase agreement back in August, the [Continue reading…]

Skyway Capital has received a fraud warning from Vietnam’s People’s Public Security. As per VPPS’ October 11th notice;

NovaTech FX investors are claiming the FBI audited and approved the suspected Ponzi scheme. CEO Cynthia Petion has endorsed the claim, affirming she personally received a copy of the “seven hundred page” audit.

Following its collapse a few days ago, BLQ Football has pulled its websites offline. Exit-scam complete, sorry for your loss. At time of publication, attempts to access BLQ Football’s many website domains now return a “maintenance” message:

An Entry of Default has been recorded against Forsage scammers Vladimir “Lado” Okhotnikov, Lola Ferrari and Sergey Maslakov.

Uganda’s Lotteries and Gaming Board has issued a BLQ Football fraud warning. As per the Lotteries and Gaming Board’s October 11th public notice; The attention of the National Lotteries and Gaming Regulatory Board has been drawn to a company trading as BLQ FOOTBALL Uganda on social media platforms such as Facebook. BLQ has been conducting [Continue reading…]