GSPartners has disabled ROI payouts.

Instead of addressing investors himself, GSPartners founder Josip Heit had Bruce Hughes deliver the bad news. [Continue reading…]

The Ant Ranch “click a button” app Ponzi scheme has collapsed.

Earlier today the scam disabled its website and began feeding investors excuses. [Continue reading…]

Michael Glaspie has been sentenced to six years in prison for his participation in the Mike G Deal.

Glaspie, 72, will surrender himself to the BOP on February 14th, 2024. He has also been ordered to pay a $2.4 million monetary judgment. [Continue reading…]

HYIP Max fails to provide ownership or executive information on its website.

HYIP Max operates off a subdomain at “bg5-life.cloudair.store”. If we visit “cloudair.store” we find CloudAIR, a “click a button” app Ponzi run by Chinese scammers.

The “cloudair.store” website domain was privately registered on September 18th, 2023.

Although HYIP Max operates in Pakistani Rupees and targets Pakistan, it is run by the same Chinese scammers.

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…]

MyDHLife (aka My Dominion Heir Life), operates in the cryptocurrency MLM niche.

Heading MyDHLife is founder and CEO, Steve Sughrim.

Back in 2010 Sughrim represented he was CEO of Bon Voyage 1000:

Bon Voyage 1000 was a travel-themed pyramid scheme modelled on TVI Express.

In 2015 Sughrim was promoting Paid2Save and Usana on Twitter, through the name “Davanan Sughrim”.

MyDHLife originally launched three years ago.

The original business model flopped, prompting a reboot last month.

MyDHLife fails to provide a corporate address on its website. On LinkedIn Steve Sughrim cites his location as Redmond, Washington.

This is also presumably from where MyDHLife is being operated from.

Read on for a full review of MyDHLife’s current MLM opportunity. [Continue reading…]

BehindMLM first reviewed Got Back up back in 2015.

The MLM company is part of Global Virtual Opportunities (GVO), owned by Joel Therien.

Not sure how Got Backup has gone throughout the years but recently there’s been an uptick in the business.

SimilarWeb tracked an increase in Got Backup website traffic, from ~53,400 in June to ~121,900 in August. Most of this traffic is coming from the Netherlands (49%), UK (10%), Australia (10%) and Canada (9%).

Got Backup’s revitalization prompted several readers to reach out and request an updated review.

Today we revisit Go Backup to see where the MLM opportunity is at eight years later. [Continue reading…]

C12Pool fails to provide ownership or executive information on its website.

C12Pool’s website domain (“c12pool.com”), was privately registered on September 20th, 2023.

If we look at C12Pool’s website source-code, we find a reference to “Mango HYIP”:

If we visit Mango HYIP we find scammers selling GoldCoders Ponzi scripts and templates.

GoldCoders is a Ponzi website factory.

BehindMLM recently reviewed Empic, another MLM Ponzi scheme running GoldCoders software.

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…]

Eight EXW Wallet suspects have been indicted in Austria.

Two have been arrested and remain in custody pending the outcome of a criminal trial. Said trial kicked off on September 27th. [Continue reading…]

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

OBC AI’s website domain (“obcai.com”), was first registered in 2001. The private registration was last updated on May 11, 2023.

Through the wayback machine we can see OBC AI’s website domain was listed for sale as late as March 2023.

This correlates with OBC AI’s owners purchasing the domain on around May 2023, with the company launching shortly thereafter.

Despite only existing for a few months, OBC AI falsely claims it “has been operating for 3 year” [sic].

In an attempt to appear legitimate, OBC AI provides Colorado shell company and FINCEN certificates.

OBC AI represents it registered the shell company OBCAI LLC in New York on May 11th, 2023.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence the Colorado certificate is meaningless.

FINCEN isn’t a financial regulator. Registering a shell company with FINCEN is thus also meaningless.

That OBC AI’s website domain was for sale in Chinese strongly suggests whoever is running it 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…]

Jeremie Sowerby has been arrested on fraud charges related to multiple MLM crypto Ponzi schemes.

Sowerby and co-conspirator Luis Ortega were indicted under seal on September 19th.

The indictment details charges related to Now Mining, VIP Mining and Millennium Technologies. [Continue reading…]