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

GoldenWarehouse’s website domain (“goldenwarehouse888.com”), was privately registered on March 22nd, 2024.

If we look at GoldenWarehouse’s website source-code, we find the local language is set to Chinese:

This suggests whoever is running GoldenWarehouse 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…]

Stable Swap fails to provide ownership or executive details on its website.

Stable Swap’s website domain (“stableswap.live”), was privately registered on October 26th, 2023.

A link on Stable Swap’s website takes us to its official YouTube channel.

There we find videos in Taglish, a combination of Tagalog and English. Taglish is primarily used in the Philippines.

Stable Swap marketing videos are hosted by Pat Gallardo:

Gallardo has his own YouTube channel, on which Stable Swap marketing videos have also been uploaded.

Before Stable Swap, circa September 2023, Gallardo was promoting Swych.

That seems to have lasted about five months. The first Stable Swap marketing went up on January 9th, 2024.

As of March 2024, SimilarWeb tracked top sources of traffic to Stable Swap’s website as the Philippines (71%) and Australia (23%).

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…]

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

In SolHeist marketing videos, an AI robo avatar named “Sol Professor” represents the company.

In addition to being incredibly stupid, this is an immediate red flag. AI robo avatars are typically used by scammers to hide their involvement in fraudulent schemes.

SolHeist has two known website domains:

• solheist.io – privately registered on March 17th, 2024
• solheist.org – privately registered on March 17th, 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…]

The Alabama Securities Commission has sent out a questionnaire to GSPartners investors.

Dated April 15th, the ASC’s questionnaire provides an opportunity for GSPartners investors to provide details pertaining to their individual circumstances.

Oh, and the ASC also knows about Billionico… [Continue reading…]

Jimmy Ezzell’s foray into MLM cryptocurrency and AI fraud has collapsed.

Just days after BehindMLM published its Vilocity Global review, the company’s website and incriminating marketing videos have been pulled. [Continue reading…]

Gregory Aggesen has pled guilty to conspiracy to commit wire fraud, conspiracy to commit money laundering through promotion and conspiracy to obstruct justice.

The charges were filed against Aggesen in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]

Mardy Eger, aka Marquis Demarking Egerton, has pled guilty to conspiracy to commit wire fraud and conspiracy to commit money laundering with concealment.

The charges were filed against Eger in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]

BFF Crowdfunding has collapsed following a fraud warning from the Australian Securities and Investments Commission.

BFF Crowdfunding, which also went by BFF Global Network, was a 400% ROI Ponzi cycler. The scam was run by Mike Taylor, a US resident of Texas. [Continue reading…]

William White has pled guilty to one count of conspiracy to obstruct justice.

The charge was filed against White in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]

DCPTG (aka Digital Currency Pioneer Technology Group), fails to provide ownership or executive information on its website.

DCPTG operates from two known website domains:

• dcptg.com – registered in April 2023, private registration last updated on March 26th, 2024
• dcptg.xyz – registered on November 29th, 2022, private registration last updated on December 22nd, 2023

Some DCPTG marketing points to the domain “dcptg.vip”. At time of publication however this domain is disabled.

As of March 2024, SimilarWeb tracks top sources of traffic to DCPTG’s website as Germany (31%), Hungary (16%), Austria (11%), Russia (10%) and Switzerland (6%).

The majority of DCPTG’s website traffic originates from German-speaking countries. This is reflected in DCPTG securities fraud warnings already issued by Germany (March 5th) and Austria (April 6th).

The Central Bank of Russia also issued a DCPTG pyramid fraud warning on Januiary 4th, 2024.

Due to it falsely representing it is based out of the US, DCPTG has also attracted the attention of US regulators.

In December 2023 the Washington Department of Financial Institutions issued a DCPTG securities fraud warning:

DFI has reason to believe that ITP is connected with Coscoin, DCPTG, and Alevius, all of which are purported investment trading platforms registered with the Washington State Secretary of State.

It does not appear that Coscoin, DCPTG, and Alevius’s businesses are actually located at any of the locations they list on the Washington State Secretary of State’s filings, nor that they are engaged in lawful business activities.

ITP Corp, CosCoin and Alevius are collapsed “click a button” app Ponzis run by Chinese scammers.

If we inspect the support page of DCPTG’s website, we find it runs on Meiqia software:

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

In what appears to be an attempt to hide this, DCPTG’s marketing videos feature a combination of stock footage, staged events featuring actors and AI robo avatars.

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…]