companies @ BehindMLM

The Capital Markets Tribunal has ruled NovaTech FX committed securities fraud in Ontario. Following analysis of evidence submitted by the Ontario Securities Commission (OSC), CMT published its findings on July 22nd, 2024.

Following non-payment of salaries for six months, two hundred OnPassive employees in India have gone on strike. Sakshi reports that the OnPassive strike is accompanied by a report filed a Madhapur police station in Hyderabad.

HFTX fails to provide ownership or executive information on its website. HFTX’s website domain (“hftx.cc”), was privately registered on July 4th, 2024. 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.

Following years of delays, there is finally some movement on the SEC’s BitConnect promoter case.

TLC Trading has cut off its Hungarian investors. Attempts to log in to TLC Trading from within Hungary now return an error:

Bombardier USDT fails to provide ownership or executive information on its website. Bombardier USDT’s website domain (“usdtbombardier.top”), was registered with bogus details on July 8th, 2024. Of note is Bombardier USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore). As always, if an MLM company is not openly upfront about who is running [Continue reading…]

ZokoCloud fails to provide verifiable ownership or executive information its website. While ZokoCloud does provide a long list of executives on its website, none of the individuals exist. The photos used to represent ZokoCloud’s fictional executives are believed to be stolen profile photos and/or AI generated images. ZokoCloud’s website domain (“zokocloud.com”), was first registered in [Continue reading…]

The Earn World Ponzi scheme has collapsed. Investors are being lied to about recovery and owner Suki Chen is believed to have gone into hiding.

Engie USDT fails to provide ownership or executive information on its website. Engie USDT’s website domain (“usdtengie.top”), was registered with bogus details on July 8th, 2024. Of note is Engie USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore). As always, if an MLM company is not openly upfront about who is running [Continue reading…]

Family First Life has settled a robocall fraud lawsuit filed against it in Indiana. On June 12th Notice of a Settlement was filed on the case docket.