uFun Club @ BehindMLM

Details on this one are currently sketchy, but it appears authorities in Britain are looking to preemptively put a stop to a planned uFun Club IPO.

With over ten countries actively investigating the scheme, problems with payment processors and the scheme likely appearing on a number of financial fraud alert lists – day to day operations at uFun Club have ground to a halt. The latest blow saw investors formed that the new backoffice platform, which was supposed to be launched on [Continue reading…]

Last weekend there was supposed to be some sort of uFun Club event taking place in Chengdu, China. Despite it being almost mid-week, details of what this event actually was have remained sketchy. What we can reveal today is that following the publication of photos of event taking place, that it appears to have had [Continue reading…]

The latest country to begin investigating uFun Club is Indonesia, with Indonesian police today meeting with their Thai counter-parts. The meeting came about after it was widely publicized that uFun Club had purportedly invested in an Indonesian nickel mine.

The Monetary Authority of Brunei Darussalam (MABD) operate as the central bank of Brunei. Established in 2010, MABD are responsible for ‘the stability of the financial system, in particular by formulating financial regulations and prudential standards‘. Within that context MABD yesterday issued  a warning advising against investment in uFun Club.

This isn’t going to be your typical BehindMLM review, because researching uMatrin is a task in and of itself. uMatrin has been set up such that it isn’t until layer upon layer of obfuscation has been peeled back, that one gets a sense of what the opportunity is actually about. With that out of the [Continue reading…]

Following an attempt to transfer over $100,000 locals were scammed out of and then flee the country, Samoan authorities arrested Nicolas Giannos at Faleolo airport on May 26th. Giannos had been sharing his attempts to promote uFun Club in Samoa on Facebook throughout May. Following a police investigation, Giannos and two other uFun Club investors have now been [Continue reading…]

“Oh shit, we done pissed off them royals now…” In stark contrast to the lack of action Malaysian regulators and police have taken to combat the $1.17 billion dollar Ponzi scheme uFun Club, Malaysian royalty have reacted angrily to being associated with the scheme. For our part in uncovering the scandal and reporting on what [Continue reading…]

Modeled on AdSurfDaily, StarAd24 sees affiliates invest in €50 “promotion packs” and pay up to €1000 when they join the company (20 positions). The STARAD24 Affiliate Programme combines several well known and well proven compensation plan models, and has created a above (sic) average and very profitable system. Each €50 position pays out an eventual €60 ROI, with ROI funds sourced from [Continue reading…]

We were anticipating Thai police to finally file a criminal case report sometime today, but unfortunately it’s been announced the report will be delayed. Citing the complexity and scope of the uFun Club investigation,Thai police are now predicting the report will be submitted to prosecutors on June 15th (two Mondays away).