USI-Tech @ BehindMLM

In politics a good test of leadership might be how a politician reacts in a crisis. With Guam residents potentially facing hundreds of thousands of dollars in losses, Senator Tommy Morrison has all but hung them out to dry.

For a senator focused on delivering ‘enhanced customer service to the community through advanced technology‘, a “no comment” response in relation to his involvement in a multi-million dollar technology-based Ponzi scheme is baffling. Following a recruitment event held in Guam last June, it is believed hundreds of locals took the plunge and invested in USI-Tech. [Continue reading…]

Last June USI-Tech held a recruitment event in the US territory of Guam. The event was held at the Guam Pacific Star Hotel, with footage suggesting a few hundred locals attended: Not in attendance was Tommy Morrison, which is strange considering how high up the Guam USI-Tech chain he appears to be.

As a result of a lack of communication from USI-Tech management, the rumor mill went into overdrive over the weekend. Were USI-Tech going to honor 140% ROI BTC package payouts? Were secret negotiations going on between the SEC and USI-Tech? And bearing in mind an SEC investigation has yet to even be confirmed, there was [Continue reading…]

In a move that is unlikely to have surprised anybody, USI-Tech has severed ties with the US and Canada. Rather than operate legally in the US and Canada and register with the appropriate regulatory bodies, USI-Tech has instead elected to abandon its legal obligations and focus on scamming investors elsewhere in the world.

Predating the launch of their BTC package Ponzi scheme, David Frost was a prominent fixture in USI-Tech marketing. Often appearing alongside Master Distributors Dan & Patti Hunt, Frost appeared in USI-Tech marketing videos and co-hosted company events. Here’s the thing though – in addition to being high up the USI-Tech investor chain, David Frost is also [Continue reading…]

With forex recruitment all but dead and their bitcoin package ROI liabilities spiraled out of control, USI-Tech’s latest ploy to raise investment revenue is an ICO. Tech Coin will be another entry into the burgeoning MLM underbelly ICO market. Offering nothing new to the cryptocurrency space, Tech Coin is likely just another script-generated altcoin. Ultimately [Continue reading…]

Following an investigation by the Manatoba Securities Commission, USI-Tech has been compared to that of Ponzi and pyramid schemes.

Another day, another regulatory condemnation of USI-Tech’s Ponzi scheme. The latest warning is from the Canadian province of Novia Scotia. On December 21st Novia Scotia’s Securities Commission published a warning cautioning investment in USI-Tech.

USI-Tech can’t seem to catch a break this week, following its third run in with securities regulators in as many days. Hot on the heels of a similar warning issued by the British Columbia Securities Commission on December 18th, today New Brunswick’s Financial Consumer Services Commission issued their own USI-Tech investor warning.