companies @ BehindMLM

Eric Tippetts has settled securities fraud allegations brought against him by the SEC. The violations pertain to Tippetts involvement in Nasgo and ShareNode, a combined $10 million Ponzi scheme.

TRX458 provides no information on its website about who owns or runs the company. TRX458’s website is a login gateway to the company’s app, through which its MLM opportunity is run through. TRX458’s website domain (“trx458.com”), was privately registered on May 30th, 2022. If we look at the source-code of TRX458’s website source-code, we see [Continue reading…]

TRXS Online provides no information on its website about who owns or runs the company. TRXS Online’s website is a login gateway to the company’s app, through which its MLM opportunity is run through. TRXS Online’s website domain (“trxs.online”), was privately registered on July 30th, 2022. If we look at the source-code of TRXS Online’s [Continue reading…]

WorldOTC stands for “World Over the Counter”. Don’t read too much into the name, it’s not supposed to mean anything. WorldOTC provides no information on its website about who owns or runs the company. In an attempt to appear legitimate, WorldOTC provides a bunch of meaningless or outright bogus regulatory certificates through its app. One [Continue reading…]

Bank of Hodlers was an Indian “blockchain based finance company” created by Darshan Bathija in 2018. BehindMLM reviewed Bank of Hodlers in June 2019, concluding it was a simple shit token exit-scam MLM crypto Ponzi. Bank of Hodlers went on to collapse in 2021, prompting Bathija to drop MLM and reboot as Vauld. Vauld solicited [Continue reading…]

The drawn out exit-scam following CashFX Group’s collapse continues. The latest has seen top investor accounts terminated. The scammers that own the accounts are crying over their “losses”.

Following a joint-application filed on July 25th, Dan Putnam’s securities fraud case has been delayed well into 2023.

The CFTC has initiated Hague Convention service on EmpiresX scammers Emerson Pires and Flavio Goncalves. Pires and Goncalves co-founded the EmpiresX Ponzi scheme.

On July 27th the FTC moved for a three-week continuance of their scheduled trial against Neora. The court denied the motion on August 5th, meaning unless a settlement is reached, the parties are on track for a courtroom showdown.

Forsage founder Vladimir “Lado” Okhotnikov has attempted to address the SEC’s Forsage fraud lawsuit against him. After confirming Forsage’s business model is a Ponzi scheme, Okhotnikov falls back on playing dumb.