Chris Scanlon indicted following failed plea negotiations
Christopher James Scanlon has been indicted following failure to reach a plea agreement. [Continue reading…]
Optimus VIP Ponzi collapses, DigitalCredit reboot
The Optimus VIP Ponzi scheme has collapsed. Following collapse, Optimus VIP has been rebooted as DigitalCredit. [Continue reading…]
BitHarvest launches two spinoff Ponzis as it collapses
Coinciding with its website traffic stalling, BitHarvest has launched two low-effort spinoff Ponzis. [Continue reading…]
Treasure Island to stop investor recruitment on May 1st
In an email sent out to affiliate investors on March 24th, founder Jeff Jeffries has revealed Treasure Island will cease onboarding new investors on May 1st, 2025.
Jeffries’ email was sent out within 48 hours of BehindMLM outing him as Jeff Dyck, a convicted tax fraudster sentenced to three years in prison in 2017. [Continue reading…]
Rutherford v. Pruvit verdict held pending mediation
Following a three-day bench trial held in early February, the outcome of Michael Rutherford’s Pruvit lawsuit now hinges on mediation.
To that Keisha O’Neal and Pruvit appear to have already settled. Rutherford and Pruvit will enter mediation following appointment of a mediator on March 18th. [Continue reading…]
Nvidia USDT Review: Stolen identity “click a button” Ponzi
Nvidia USDT fails to provide ownership or executive information on its website.
Nvidia USDT’s website domain (“hanboworld.com”), was privately registered on March 17th, 2025.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Advetex Review: AI trading ruse MLM crypto Ponzi
Advetex fails to provide ownership or executive details on its website.
Advetex’s website domain (“advetex.net”), was privately registered on December 13th, 2024.
In an attempt to appear legitimate, Advetex provides a “certificate of incorporation” for Advetex Limited.
As above, Advetex Limited is purportedly registered in New Zealand.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]
Crowd1 securities fraud warning from QC, Canada
Crowd1 has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
As per the AMF’s March 14th Crowd1 warning;
Crowd1 is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Offering unregistered securities in violation of Quebec financial law constitutes securities fraud. [Continue reading…]
Treasure Island founded by convicted tax fraudster
Earlier today a BehindMLM reader wrote in claiming Jeff Dyck was running Treasure Island as Jeff Jeffries.
Treasure Island is an MLM company committing securities fraud through a reality show ruse.
Treasure Island’s unregistered investment scheme is simple; invest increments of $100 and Treasure Island will pay you back 150% within 12 months.
At time of publication the only name publicly attached to Treasure Island is Brett Nicholson.
The reader who wrote in seemed well-researched, so I took it upon myself to confirm. Here’s what I found. [Continue reading…]
PetronPay securities fraud warning from QC, Canada
PetronPay has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
As per the AMF’s March 14th PetronPay warning;
PetronPay [is] not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Offering unregistered securities in violation of Quebec financial law constitutes securities fraud. [Continue reading…]
