companies @ BehindMLM

OnPassive and Crowd1 have been declared pyramid schemes by Bhutan’s Office of Consumer Protection. The OCP is part of Bhutan’s Ministry of Economic Affairs and is “mandated to promote and protect economic interest and safety of the consumers”. As per the OCP’s OnPassive and Crowd1 warning;

Ponzi tokens at the push of a button, “technical error” exit-scams, “we got hacked!”, Boris CEO factories… the MLM crypto niche is by default set to pretty stupid. Then there’s MLM crypto scams like GSPartners that take it to a whole new level.

In September 2021 somebody purchased BitConnect’s “bitconnect.co” website domain. They’ve since turned it into a Ponzi factory, and business is booming.

A few days ago a reader inadvertently tipped me off to a Family First Life lawsuit. I was able to independently verify a proposed class-action was filed against Family First Life last October. The lawsuit was filed in Florida. On February 28th an Amended Complaint was filed, which we’re going over today.

OmegaPro has received a securities fraud cease and desist from Argentina’s Comision Nacional de Valores.

Between me starting coverage of BehindMLM’s content today and wrapping up, Pacer has updated. Here are the current status details for the EmpowerCoin, ECoinPlus and JetCoin scammers.

The CFTC has sued scammers behind the EmpowerCoin, ECoinPlus and JetCoin Ponzi schemes. Defendants Dwayne Golden, Jatin Patel, Marquis Demarking Egerton (aka Mardy Eger) and Gregory Aggesen, stand accused of stealing millions through the scams.

Dwayne Golden, Gregory Aggesen, Marquis Demacking Egerton (aka Mardy Eger) and William White have been indicted. Their indictment pertains to the running of multiple MLM crypto Ponzi schemes.

The SEC has sued John Barksdale and his sister JonAtina “Tina” Barksdale over Ormeus Global fraud. The regulator alleges the Barkdales stole over $124 million through Ormeus Global’s ORME cryptocurrency.

John Barksdale has been indicted on securities and wire fraud charges. Barksdale stands accused of running Ormeus Global, a $70 million dollar Ponzi scheme.