companies @ BehindMLM

What’s left of GSPartners spinoff Auratus Gold is gearing up to hold two marketing promo events in Queensland, Australia this weekend. The events, which will no doubt be used to market Auratus Gold to Australians, follow two Auratus Gold specific fraud warnings issued by the Australian Securities and Investments Commission (ASIC).

After pleading guilty to money laundering charges, Firoz Patel’s plan seems to have been do a bit of jail time and then live off $24 million in stashed bitcoin. Unfortunately for Patel the DOJ caught wind of the stash, prompting additional criminal charges filed in May 2023. Patel pled guilty to obstruction last month and [Continue reading…]

Pruvit has sued Vital Health for alleged infringement of ketosis related patents. Pruvit is joined in its lawsuit by Axcess Global Sciences, a Texas shell company who licenses use of the patents to Pruvit.

US authorities have finally taken action against The Traders Domain Ponzi scammers. On September 30th the CFTC filed suit against Traders Domain FX LTD and several additional corporate and individual defendants. While The Traders Domain itself wasn’t an MLM opportunity, the scam is of interest to BehindMLM due to several MLM Ponzis feeding into it. [Continue reading…]

Visalus has been ordered to pay $638,125 in legal costs. The October 2nd order is part of a lawsuit filed against Visalus in 2015, alleging multiple violations of the Telephone Consumer Protection Act (TPCA).

Back in August BehindMLM covered Financial Education Services’ $324 million FTC settlement. The settlement pertained to the FTC alleging FES “scam[med] consumers out of more than $213 million”. On September 27th I received an email from Sue Griffin, representing herself to be VP of Agent Support for United Wealth Education Services, formerly FES.”

GlobTFX, aka GTFX App, fails to provide ownership or executive information on its website. GlobTFX’s current website domain (“globtfx.com”), was privately registered on July 23rd, 2024. It should be noted that GlobTFX has disabled root website access on their domain. The company instead operates from two subdomains: home.globtfx.com – app funnel h5.globtfx.com – desktop app [Continue reading…]

Authorities in Gujarat have seized another 47.7 crore worth of assets tied to BitConnect (~$5.6 million).

Vortic United has received a securities fraud warning from the British Columbia Securities Commission (BCSC). As per BCSC’s October 7th, 2024 Vortic United warning;

Be Club has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). As per the FMA’s October 8th, 2024 Be Club warning;