companies @ BehindMLM

Disgruntled EminiFX investors have flooded the CFTC case docket with pro se motions. The motions demand the Judge reconsider an earlier order approving EminiFX Receivership expenses.

Unitsky String Technologies continues to lie about its Skyway Capital Ponzi scheme. The latest update appears to leave existing investors in limbo, while new investors continue to be recruited.

Hyperverse has received a pyramid scheme fraud warning from the Hungarian National Bank.

Four and a half years after BitConnect collapsed, a victim has registered a complaint with police in India. The victim, identified only as a lawyer in Pune, Maharashtra, claims to have lost “close to 220 bitcoin”.

Zeus’ Bounty started off in late 2021 as a simple BNB smart-contract pyramid scheme. As of August 2022, here’s how that’s going: As the pyramid scheme was collapsing, to keep the grift going, owner Tim Bentley announced ZeusCoin and and Zeus’ Chariots. Zeus’ Chariots was an NFT game cash grab. The game was announced in [Continue reading…]

IM Mastery Academy has received a pyramid fraud warning from Poland’s Office of Competition and Consumer Protection (UOKiK).

CKB168 was a $200 million MLM pyramid scheme that targeted Asian-Americans in the US. Abroad, the majority of CKB168 victims were based in China. The SEC shut down CKB168 all the way back in 2013. In total sixteen CKB168 executives and top promoters were sued. Parallel criminal charges were also filed by the DOJ in [Continue reading…]

Now that members of its private FaceBook group have been onboarded above everyone, Awakend has opened its prelaunch to the public. Awakend seeks to be the first product-based MLM company with an NFT gimmick. And while more products are planned, Awakend’s flagship is a fat burner supplement first sold over a decade ago.

In a new August 17th MetaForce video, Forsage owner Vladimir “Lado” Okhotnikov states; In this video I will talk about the actions that MetaForce is taking to defend its position in the context of the SEC. Figuring this meant Okhotnikov had responded to the SEC’s August 1st securities fraud Complaint, I pulled up the case [Continue reading…]

Nimbus Platform is an MLM crypto Ponzi that’s been around since August 2020. The original Ponzi scheme was built around NMBT tokens, paying up to 0.5% a day. This collapsed in less than a year, prompting Nimbus Platform to reboot with NBU tokens. The second iteration of Nimbus Platform offered a far more modest 7% [Continue reading…]