companies @ BehindMLM

Polvera has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). DFPI’s August 20th, 2024 Polivera order cites the following respondents:

Eaconomy has received a securities fraud warning from Norway’s Finanstilsynet financial regulator. The Norwegian Consumer Protection Authority (Forbrukertilsynet), additionally warns Eaconomy “has several similarities with illegal pyramid schemes”. As per Finanstilsynet’s September 25th, 2024 warning;

TLC Trading has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). DFPI’s August 20th, 2024 order cites the following respondents:

Dubai Mall USDT fails to provide ownership or executive information on its website. Dubai Mall USDT’s website domain (“dbmallusdt.vip”), was privately registered on September 18th, 2024. Dubai Mall has already attracted the attention of financial regulators. The Central Bank of Russia issued a Dubai Mall pyramid fraud warning on September 27th, 2024. As always, if an [Continue reading…]

Hyundai N fails to provide ownership or executive information on its website. Hyundai N’s website domain (“m.hyundainvip.top”), was registered with bogus details on September 16th, 2024. Of note is Hyundai N’s website domain being registered through the Chinese registrar Alibaba (Singapore). Hyundai N has already attracted the attention of financial regulators. The Central Bank of [Continue reading…]

Neumi has told distributors that selling its products “on Amazon, eBay and Walmart violates FTC compliance”. The extraordinary claim was made in a company-wide email Neumi sent out on September 27th.

Almost a year after Trillant collapsed, owner Erich Ely has announced a “decentralized” exit-scam. Ely, a German national who is believed to have fled to Dubai, came out of hiding to address Trillant victims on October 1st, 2024.

Aluzoo (aka Aluzo) fails to provide ownership or executive information on its websites. Aluzoo has six known website domains: aluzoo.net (already abandoned) – registered in October 2023, private registration last updated on September 20th, 2024 aluzovip.vip (already abandoned) – registered with bogus details on February 24th, 2024 aluzo.sv56.com (app) – first registered in May 2023, [Continue reading…]

BeachBody is the latest MLM company to ditch its network marketing business model. In a September 30th communication to investors, BeachBody stated it would be focusing on “current direct-to-consumer, Amazon, and partnership-driven sales channels”.

Conti fails to provide ownership or executive information on its website. Conti operates from two known website domains: alconti.com – first registered in January 2020, private registration last updated on September 24th, 2023 (app funnel) conti.vip – registered with bogus details in July 2023, registration last updated on September 24th, 2024 (app) In an attempt [Continue reading…]