MLM Reviews @ BehindMLM

Iconatek Review: 8% to 10% a month “forex trading” Ponzi

Iconatek fails to provide ownership or executive information on its website. Iconatek’s website domain (“iconatek.io”), was privately registered on April 27th, 2023. If we take a look at Iconatek’s website source-code, we find a references to iVicsant Technologies. iVicsant Technologies is a software developer catering to Spanish-speaking clientele. The company doesn’t appear to exist outside [Continue reading…]


Unionview Investment Review: Weekly ROI Fivver actor Ponzi

Unionview Investment fails to provide ownership or executive information on its website. Unionview Investment’s website domain (“unionviewinvestment.com”), was privately registered on June 6th, 2023. In an attempt to appear legitimate, Unionview Investment provides two corporate addresses on its website; one in the US and one in the UK. The US address is a virtual address [Continue reading…]


Cryptex Review: Daily ROI “smart-contract” Ponzi scheme

Cryptex fails to provide ownership or executive information on its website. Cryptex’s website domain (“cryptex.to”), was privately registered in August 2020. Based on its website source-code, Cryptex appears to have been put together circa June 2021 or so. SimilarWeb currently tracks top sources of traffic to Cryptex’s website as Germany (82%), El Salvador (8%) and [Continue reading…]


Gemly Review: Crypto Ponzi dressed up as gaming

Gemly fails to provide ownership or executive information on its website. Gemly’s website domain (“gemly.gg”), was privately registered on January 13th, 2023. In an attempt to appear legitimate, Gemly provides incorporation details for Gemly Limited. Gemly Limited was incorporated in the UK on February 28th, 2023. An MLM company operating or claiming to operate out [Continue reading…]


SureX Exchange Review: Multi-tier crypto investment fraud

SureX Exchange fails to provide ownership or executive information on its website. SureX Exchange’s website domain (“surexchange.io”), was first registered in August 2022. The private registration was last updated on February 28th, 2023. SureX Exchange’s social media profiles were created in October 2022, so this appears to be when the company launched. If we look [Continue reading…]


MuQuant Review: MUQT token “arbitrage” ruse Ponzi

MuQuant (stylized as µQuant), fails to provide ownership or executive information on its website. MuQuant’s website domain (“muquant.com”), was privately registered on March 30th, 2023.   Update 28th June 2023 – Following a reader tip off from Limbix in the comments below, it appears Kancha Chora is behind MuQuant. Chora hosted a MuQuant marketing event in [Continue reading…]


Arbit Life Review: Boris CEO “trading bot” Dubai Ponzi

Arbit Life operates in the cryptocurrency MLM niche. Arbit Life’s website domain (“arbit.life”), was privately registered on February 23rd, 2023. Despite only existing for a few months, on its website Arbit Life falsely represents it was launched in October 2021. Arbit Life is purportedly headed up by “yuval Kaplan”: Kaplan naturally doesn’t exist outside of [Continue reading…]


Eteric Power Review: Low-effort templated Ponzi scheme

Eteric Power fails to provide ownership or executive information on its website. Eteric Power’s website domain (“eteric-power.com”), was privately registered on April 14th, 2023. I noticed in Eteric Power’s source-code a reference to “Prudential Investments Pty Ltd”. A link to an ASIC search is provided. There are a few matches so nothing definitive. The reference [Continue reading…]


United Partners Review: Diamond trading ruse Russian Ponzi

United Partners fails to provide ownership or executive information on its website. United Partners’ website domain (“unitedpartners.io”), was privately registered on January 27th, 2023. In an attempt to appear legitimate, United Partners provides an address in the UK on its website. This appears to correspond to the UK shell company United Fintech Solutions LTD. Incorporation [Continue reading…]


Vitru Global Review: “100% risk-free trading” securities fraud

Vitru Global operates in the cryptocurrency MLM niche. The company doesn’t provide a corporate address on its website. Vitru Global’s website domain (“vitruglobal.com”), was privately registered on March 27th, 2023. Vitru Global represents it is headed by co-founder Ravinder Singh and CEO Frank Tornatore. No verifiable information about either executive is provided. Vitru Global affiliate [Continue reading…]