Garry J. Davidson and Linda C. Knott have copped final default judgments in the SEC’s ongoing “Mike G Deal” fraud case.

Davidson and Knott were co-conspirators of Glaspie’s, assisting him in defrauding consumers out of $45 million. [Continue reading…]

Ecard Bot fails to provide ownership or executive information on its website.

Ecard Bot’s website domain (“ecardbotusdt.vip”), was privately registered on June 1st, 2024.

If we look in the source-code of Ecard Bot’s website we find a reference to “DSLPTG”.

DSLPTG is an already collapsed “click a button” app Ponzi run by Chinese scammers.

The same scammers are behind Ecard Bot.

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…]

SBG Global fails to provide ownership or executive information on its website.

SBG Global’s website domain (“sbgglobal.io”), was privately registered on February 9th, 2022.

A visit to SBG Global’s website reveals one clickable link:

This link takes visitors to SBG Rewards, operating from “sbgrewards.io” (privately registered on September 23rd, 2022).

At one point the domain “sbgame.club” was also part of SBG Global. This domain and whatever was on it has already abandoned.

Under SBG Global branding, SBG Rewards pitches “MMIT Rewards” as a “fixed returns staking platform”.

In researching SBG Global I noted these three individuals kept popping up:

They wore sunglasses and parade around in front of everybody, so I figured they were in charge.

To get names I had to turn to independent coverage of some random crypto bro event in Dubai, held in May 2023.

The short fat guy with a moustache is SBG Global CEO Anil Yadav:

Yadav is also cited as SBG Global’s founder:

The long-haired tall guy is SBG Global CMO Praveen Rai.

The third guy didn’t have a speaking role so I’m still not sure who he is.

Possibly due to language-barriers, I was unable to put together an MLM history on either Yadav or Rai.

Originally from India, it seems SBG Global’s executives have since fled to Dubai. This syncs with marketing on SBG Rewards’ website:

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to SBG Global and associated companies, read on for a full review. [Continue reading…]

JAUSD fails to provide ownership or executive information on its website.

JAUSD operates from two known website domains:

• jausd.io – privately registered on June 1st, 2024
• jausd.net – privately registered on May 31st, 2024

If we click on the support section of JAUSD’s website, we learn it runs on the Meiqia platform.

Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running JAUSD has ties to China.

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…]

Robex AI fails to provide ownership or executive information on its website.

Robex AI’s website domain (“robex.ai”), was privately registered on an unknown date.

On social media I couldn’t help but notice the majority of Robex AI’s awarded promoters are from Pakistan:

Robex AI is also promoting a “Dubai Launch Trip”:

While not definitive, this suggests Robex AI might be being run by scammers from Pakistan hiding out in Dubai.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Robex AI, read on for a full review. [Continue reading…]

Dollar Tree VIP fails to provide ownership or executive information on its website.

Dollar Tree VIP’s website domain (“dollartreevip.top”), was registered with bogus details on May 28th, 2024.

Of note is Dollar Tree VIP’s website domain being registered through the Chinese registrar Alibaba (Singapore).

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…]

Aqua Marine Club, aka AMC Global, fails to provide ownership or executive information on its website.

Aqua Marine Club’s website domain (“amcglobal.io”), was privately registered on April 25th, 2024.

Despite only existing for a few months, Aqua Marine Club claims it’s an “industry leading Crypto trading platform”.

In an attempt to appear legitimate, Aqua Marine Club claims it is “registered in the British Virgin Islands”.

Aqua Marine Club being registered in the BVI as a shell company is an immediate red flag. BVI is a scam-friendly jurisdiction with little to no regulation of MLM related securities fraud.

Aqua Marine Club also claims it has registered with BVI’s FInancial Services Commission.

A search of the FSC’s registered company database reveals this is false:

Update 8th August 2024 – Since publication of this review Aqua Marine Club has trotted out CEO “Michael Gerrit”.

Gerrit is dressed up in a wig, glasses and possibly a fake beard.

Purportedly from Austria (the actor playing Gerrit does have a German sounding accent), Gerrit has been doing the rounds on Aqua Marine Club marketing webinars:

Naturally Gerrit doesn’t exist outside of Aqua Marine Club’s marketing efforts.

Boris CEO scams are typically the work of Russian scammers. Note that with Aqua Marine Club this remains unconfirmed. /end update

Update 12th August 2024 – Brandon over at Ponzi Patrol has unmasked Aqua Marine Club’s “Michael Gerrit” as Guido Gerhardt.

Gerhardt is purportedly an Austrian (or German) actor living in Nigeria.

/end update

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…]

Autel fails to provide ownership or executive information on its website.

Autel’s website domain (“autel.top”), was registered with bogus details on June 1st, 2024.

Of note is Autel’s website domain being registered through the Chinese registrar Alibaba (Singapore).

In an attempt to appear legitimate, Autel offers up an obviously doctored FINTRAC certificate:

Autel has already attracted the attention of financial regulators. The Central Bank of Russia issued an Autel pyramid fraud warning on June 6th, 2024.

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…]

Despite efforts from the US, Brazil is doing its best to ensure TelexFree co-founder Carlos Wanzeler escapes punishment. [Continue reading…]

USI-Tech co-founder Ralf Gold has been found dead in Brazil.

As per a June 19th article from Radio Acesa spotted by the FaceBook group USI-Tech – Now What!?, Gold, 59, was “found dead inside the Clube do Tiro” on Wednesday. [Continue reading…]