companies @ BehindMLM

Serial fraudster Ciprian Ciceu has rebooted his collapsed Mainet Ponzi scheme as Mainet Funded. Mainet Funded, based out of Dubai, pitches investors on “funded” trading accounts of up to $1 million. Attached to this is a single-level affiliate compensation plan, paying out up to 20% on recruitment: Seeing as Mainet Funded isn’t an MLM scam [Continue reading…]

Enel Green Power Bot has no website, it operates through a Telegram bot “@EnelGreenPowerbot” As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Grenada’s National Cyber Security Incident Response Team (CSIRT), has issued a “list of verified scams” warning. The warning, published back on January 16th, names several MLM companies being promoted locally.

Blackrock 988 has no website, it operates through a Telegram bot “@BlackRock988bot” As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Hunter Shoot, aka HSAM Trade, fails to provide verifiable ownership or executive information on its website. Presented executives on Hunter Shoot’s website are fictional names represented by AI-generated avatars: There’s also a discrepancy with CTO “Francisco Delgado”, who’s presented as Hunter Shoot’s CEO and founder in its app: Hunter Shoot operates from two known website [Continue reading…]

Toyota WRC VIP fails to provide ownership or executive information on its website. Toyota WRC VIP’s website domain (“viptgrwrtai.cc”), was registered with bogus details on March 13th, 2025. Toyota WRC VIP has already attracted the attention of financial regulators. The Central Bank of Russia issued a Toyota WRC VIP pyramid fraud warning on March 24th, [Continue reading…]

Crown Global has received a securities fraud warning from the Ontario Securities Commission (OSC). As per the OSC’s March 24th warning;

The EminiFX Receiver has filed a clawback lawsuit against former CFO Clarelle Dieuveuil, aka Marie Dieuveuil and Clarelle Alexandre. The Receiver claims Dieuveuil, wife of EminiFX founder Eddy Alexandre, misappropriated “over $500,000”.

RideBNB was an MLM crypto gifting scheme launched towards the end of 2024. By February 2025 RideBNB had inevitably collapsed. The domain “ridebnb.world” was privately registered on February 19th, 2025. On this (the fifth known RideBNB domain), RideBNB is still being advertised. It is unclear though whether this was a short-lived reboot or recovery scammers. [Continue reading…]

Earlier this month Paparazzi abruptly terminated its Washington State consultants. Paparazzi made no mention of any pending enforcement action, but it felt like the company was withholding information. A February 27th judgment reveals Paparazzi settled pyramid fraud allegations in Washington for $1.9 million.