MLM Reviews @ BehindMLM

Cryptoberg Review: 15hr to 7 day ROI Ponzi scheme

Cryptoberg provides no information on their website about who owns or runs the company. Cryptoberg’s website domain (“cryptoberg.ltd”) was privately registered on June 18th, 2020. In an attempt to appear legitimate, Cryptoberg provides a UK incorporation certificate for Bit Kind LTD on their website. Not withstanding Bit Kind having anything to do with Cryptoberg, UK [Continue reading…]


HyperFund Review: HyperTech now a Ponzi shitcoin factory

I became aware of HyperFund following a securities fraud warning issued by the UK’s FCA. HyperFund is the latest launch by Ryan Xu’s company HyperTech. HyperTech represents it operates from Hong Kong. Whether Xu is based in Hong Kong or elsewhere is unclear. On LinkedIn Xu represents he is in Melbourne, Australia. BehindMLM first became [Continue reading…]


The Token Network Review: Another pointless DeFi scheme

The Token Network operates in the cryptocurrency MLM niche. The company fails to provide a corporate address on its website. Heading up The Token Network is Project Manager Benjamin Kang: According to Kang’s LinkedIn profile he’s based out of Germany. This is presumably where The Token Network is operated from. Throughout most of the 2010s [Continue reading…]


CopyProTraders Review: Crypto trading securities fraud

CopyProTraders provides no information on its website about who owns or runs the company. CopyProTraders’ website domain (“copyprotraders.com”) was privately registered on October 17th, 2020. Further research reveals CopyProTraders affiliates citing Antione McBay as founder of the company: Rather than just be upfront about company ownership, on LinkedIn McBay refers to himself as CopyProTraders’ “servant” [Continue reading…]


Bedrock Experts Review: Daily returns Ponzi scheme

Bedrock Experts provides no information on their website about who owns or runs the company. Bedrock Experts’ website domain (“bedrockexpert.com”) was privately registered on January 13th, 2021. In an attempt to appear legitimate, Bedrock Experts provides a UK incorporation certificate on its website. UK incorporation is dirt cheap and effectively unregulated. It is a favored [Continue reading…]


PrivaFund Review: Bogus trading returns Ponzi scheme

PrivaFund operates in the cryptocurrency MLM niche. The company provides executive information on its website, however it’s pretty wonky. The only name I was able to establish a digital footprint for outside of PrivaFund was Maurice Malherbe, and that’s a YouTube channel with no content created in 2013. Everything else pertaining to Malherbe appears to [Continue reading…]


Blockchain Capital Review: WBT & BCT token securities fraud

Blockchain Capital operates in the cryptocurrency MLM niche. The company provides a corporate address in St. Vincent and the Grenadines on its website. The address belongs to Wilfred International Services, who provide “International Business Formation” (shell companies) and a virtual office address service. Needless to say Blockchain Capital exists in St. Vincent and the Gernadines [Continue reading…]


Incomatrix Review: 75 TRX stretched thin Ponzi cycler

Incomatrix provides no information on its website about who owns or runs the company. Incomatrix’s website domain “incomatrix.io” was privately registered on November 16th, 2020. Alexa began recording traffic to Incomatrix’s website in late January 2021. At the time of publication the only notable source of traffic is Bangladesh (18%). As always, if an MLM [Continue reading…]


NewChoyce Review: Crowd1 scammers launch own Ponzi

Although he might not be running the company, nobody had heard of NewChoyce till Renze Deelstra was booted out of Crowd1. Deelstra, who also goes by Renz Eduardo, was terminated from Crowd1 about a month ago. The official reasons for Deelstra’s termination was “cross recruiting and unethical behavior”. According to official marketing material, NewChoyce was [Continue reading…]


F2S Fund Review: $150 in, $55,680 out BTC Ponzi scheme

F2S Fund provides no credible information on its website about who owns or runs the company. F2S Fund does provide a list of executives supposedly running the company, however these are a combination of stock photos and actors. Two actors appear both on F2S Fund’s website and in their marketing videos; “Nick Wood” and “Michael [Continue reading…]