companies @ BehindMLM

The SEC has filed charges against the collapsed QZ Asset Management Ponzi scheme. The SEC’s Complaint, filed in South Dakota on August 26th, names QZ Global Limited, QZ Asset Management Limited and Blake Yeung Pu Lei as defendants.

A top TVI Express scammer has had their assets frozen in South Africa. Describing TVI Express as “South Africa’s biggest pyramid scheme”, the High Court in Johannesburg has ordered the estate of Adelaide Musa Duma “provisionally sequestrated”.

Iberdrola VIP fails to provide ownership or executive information on its website. Iberdrola VIP’s website domain (“iberdrolavip.cc”), was registered with bogus details on August 25th, 2024. Of note is Iberdrola VIP’s website domain being registered through the Chinese registrar Alibaba (Singapore). As always, if an MLM company is not openly upfront about who is running [Continue reading…]

Lorraine Lea has collapsed. The company has been put into voluntary administration and is clearing what stock it has left. Yesterday Lorraine Lea’s distributors were informed their contracts have been terminated.

My Quantification, aka “My Kompromat Limited”, fails to provide ownership or executive information on its website. My Quantification’s website domain (“mykompromat.ltd”), was registered with bogus details on August 24th, 2024. Despite only existing for a few days, on its websiite My Quantification falsely claims it “was founded in 2012”. Of note is My Quantification’s website [Continue reading…]

Jas Mathur has sued Travis Bott and Richard Jason Bott over reported Traders Domain Ponzi losses.

About a year ago BehindMLM published a list of the top MLM industry figures in the Traders Domain Ponzi scheme. The data was based of records obtained by Coffeezilla… …and featured well-known MLM industry figures such as Holton Buggs and wife Earlene Buggs, Mike Sims, Stormy Wellington, Eric Worre and wife Marina Worre and Jack [Continue reading…]

Pertamina AI fails to provide ownership or executive information on its website. Pertamina’s website domain (“vippertamina.top”), was registered with bogus details on August 16th, 2024. Of note is Pertamina AI’s website domain being registered through the Chinese registrar Alibaba (Singapore). As always, if an MLM company is not openly upfront about who is running or [Continue reading…]

Tedy Teow Wooi Huat (aka Zhang Yufa) pops up in the news every few years. The charges get bigger and how much Teow is reported to have stolen increases. Following approval of Teow’s extradition in January 2023, he was finally extradited from Thailand on August 20th.

The FBI is seeking information from USI-Tech Ponzi victims. A questionnaire published on the FBI’s website “is seeking to identify potential victims of USI-Tech”.