companies @ BehindMLM

Fondo Angel (Angel Fund), provides no information about who owns or runs the company on its website. Fondo Angel’s website domain (“fondoangel.co”), was privately registered on May 23rd, 2022. Fondo Angel specifically targets Peru through us of the Peruvian SOL. As always, if an MLM company is not openly upfront about who is running or [Continue reading…]

Big Forest provides no information on its website about who owns or runs the company. Big Forest’s website domain (“big-forest.vip”), was privately registered through a Chinese registrar on March 27th, 2022. Despite only existing for a few months, Big Forest falsely represents it has been around since 2012. Big Forest’s use of a Chinese registrar [Continue reading…]

Following an agreement reached with the IRS, the USFIA Receiver has secured authorization to send out USFIA victim distribution payments.

EminiFX founder Eddy Alexandre’s arraignment and pre-trial conference was held on June 16th. Alexandre pled not guilty to one count of commodities fraud and one count of wire fraud.

Let’s Yarn provides no credible information on its website about who owns or runs the company. In place of actual company ownership information, Let’s Yarn provides corporate information for Etsy. This information is copied from Etsy’s Wikipedia entry. Let’s Yarn’s website domain (“letsyarn.com”), was first registered in 2019. The registration was last updated with bogus [Continue reading…]

COTP Ponzi promoters recently attempted to launch a COTP Safe Miner reboot. Now, a week or so later, they’ve abandoned the Ponzi and rebooted as Trust Miner.

Typically an MLM Ponzi scheme launches with or switches to cryptocurrency to avoid financial regulation. Then there’s CashFX Group who, following two years of ongoing crypto withdrawal problems, have now convinced investors they’ll be paid through a debit card.

VIP Global Stars operates in the nutritional supplement MLM niche. The company is based out of Texas and owned by LaCore Enterprises. As is consistent with LaCore Enterprises companies, owner Terry LaCore does not front VIP Global Stars. Instead VIP Global Global Stars is headed up by co-CEOs Eric Caprarese and Larry Lane. BehindMLM last [Continue reading…]

The EasyMatic Ponzi scheme has collapsed. Launched roughly a month ago, attempts to visit EasyMatic’s website now redirect to the domain “articon.in”. This suggests whoever was behind the Ponzi scheme has ties to India.

Crypto CNL has collapsed. The scammers behind Crypto CNL have wasted no time rebooting the Ponzi scheme as Homes CNL. In doing so, they’ve also inadvertently exposed a Russian MLM Ponzi factory.