companies @ BehindMLM

The problem with ignoring Ponzi schemes, apart from inevitable widespread losses, is people running them start to believe they’re above the law. “Scamming is an inalienable right, how dare you stop me!” That sort of thing. We’ve seen it in South Africa with Cherie Marks and Mirror Trading International. Charles Scoville in the US took his [Continue reading…]

Merchant subscription services, nutritional supplements and… cryptocurrency? Tranont is the latest MLM company to jump on the crypto fraud bandwagon with TranontCoin.

Having dumped their DagCoin Ponzi scheme, its marketing arm Success Factory announced they were entering the US. And so in February 2022 Success Factory held an event in Dubai. New CEOs Roald Mailly (Europe) and Jason Tyne (US) were revealed, as well as Forex Insiders. Oh and securities fraud. Lots of securities fraud.

Another eight QNet promoters have been arrested in Ghana. The scammers were in charge of 120 victims, being held hostage in a “compound house”.

Following his arrest and announced extradition from the Dominican Republic last week, Generation Zoe Ponzi scammer Leonardo Cositorto has touched down in Argentina… …where he immediately developed a sudden onset of high blood pressure requiring hospitalization.

Blockchain transactions suggest CashFX Group is making fake selective withdrawal payments to top investors.

Dave and Barb Pitcock have settled the lawsuit Youngevity filed against them. Details of the settlement have not been made public.

Coenie Botha is funneling CBI Global investors into the GSPartners Ponzi scheme. The move follows the Bank of Namibia freezing Botha’s business and personal accounts last month.

Quwiex has received a securities fraud warning from New Zealand’s Financial Markets Authority. In response to being busted, Boris CEO George Bennet has announced Quwiex Global rebranding.

A report from the Centre of Information Resilience has tied Prizm and founder Aleksey Muratov to Donetsk separatism in Ukraine. As per their website, the Centre for Information Resilience is