While I’m aware of the common association of cultish tendencies within MLM companies, it’s not something I tend to dwell on. Extreme fans can be found cheering anything on, so I think definitively drawing a line between fanaticism and a cult is pretty difficult. And it’s not made any easier by those inside or who [Continue reading…]
choosing a business content @ BehindMLM
GTI-Net lost its appeal against an investment fraud warning issued by Belgium’s Financial Services and Markets Authority (FSMA). The company responded by “shutting down”, only to reboot itself with a new name and website.
Over the last 48 hours DDK has been spamming their supposed rebuttal to our December 10th review in various places. Written from the frankly insulting perspective that nobody is capable of understanding their simple business model, DDKoin alleges our review contains “false allegations” and an “inaccurate representation” of their products (of which they have none). [Continue reading…]
Unifii launched in mid 2018 and through its Prosperity U product, provides affiliates with trading signals. Despite Unifii representing returns of 157% over a few months, apparently that wasn’t good enough. Now the company has launched its own passive forex trading service.
Singaporean MLM company Riway is attempting to branch out from Asia into Europe. Unfortunately they’re doing so by making all manner of unsubstantiated medical claims.
Last July former top earner Michael Gehart filed a lawsuit against Visalus. Gehart alleged Visalus was an “illegal pyramid scheme”. He also the claimed the company ran a secret Amazon retail racket, effectively giving Gehart an unfair advantage over other Visalus affiliates. In early 2017 Visalus took control of the Amazon racket, prompting Gehart to [Continue reading…]
FirstCoin Club was an MLM crypto Ponzi scheme launched mid 2017. FirstCoin Club affiliates invested real money for worthless FRST, an altcoin launched by the company. A monthly ROI in FRST was paid out, which affiliates could realize by selling their FRST to new gullible bagholders. Despite all Ponzi schemes inevitably collapsing, a disturbing number [Continue reading…]
About a month ago Organo Gold announced a partnership agreement with Digital Skynet. The partnership agreement will see the launch of an as of yet unnamed joint-venture between the two companies. Also part of the agreement, and what caught the attention of many, was Holton Buggs appointment as ‘executive advisor to Digital SkyNet’s ‘Ormeus’ subsidiary [Continue reading…]
Bitqyck was a typical MLM cryptocurrency altcoin securities offering. Rather than operate legally, Bitqyck planned to flout US securities law by operating offshore through Firstmover International. In June Bitqyck revealed it was the subject of a federal regulatory investigation. Firstmover International’s website has since been pulled and presumably the company has been abandoned. Now it [Continue reading…]
In a recently updated roadmap, Westland Storage added the following to their 4Q 2018 timeline; Conference on the island of WestLand Storage. Speech of the main persons of the company. We organize a conference on the island we bought. Our best clients get a free trip and our top executives give speeches at the conference. [Continue reading…]