Following Michael Rutherford’s disclosure that commissions have “dramatically decreased“, Pruvit is now suing distributors who’ve left the company. [Continue reading…]

Passivo is under regulatory investigation by BaFin, Germany’s top financial regulator. [Continue reading…]

iX Global’s and Debt Box’s combined securities fraud has climbed to over $110 million.

This is up from the original $49 million the SEC sued the companies for last month. [Continue reading…]

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

TFVPM’s website domain (“tfvpm1.com”), was registered with bogus details on May 17th, 2023.

If we look at the support section of TFVPM’s website, we find it runs on Meiqia software.

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

Also supporting this is TFVPM’s website domain being registered through 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…]

As per a motion seeking a contempt order and sanctions, Debt Box’s owners appear to be hiding and attempting to sell frozen assets.

Debt Box’s owners are also allegedly not cooperating with a court-appointed Temporary Receiver.

As noted in Temporary Receiver’s filing, these are direct violations of a previously granted Temporary Restraining Order. [Continue reading…]

Apex376 Partners, as Apex 376 Partners LLC, has been added to the SEC’s PAUSE list. [Continue reading…]

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

LKminers’ website domain (‘lkminers.io”), was privately registered on August 18th, 2023.

Over on YouTube LKminers has one video on its channel. It’s stock footage with a voiceover.

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…]

Forge Holdings fails to provide ownership or executive information on its website.

Forge Holdings’ website domain (“forgeholdings.org”), was registered with what appears to be bogus details on July 1st, 2023 (fake name, unrelated address).

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…]

101 MoneyMaker fails to provide ownership or executive information on its website.

101 MoneyMaker’s website domain (“101moneymaker.com”), was privately registered on May 10th, 2023.

Despite only existing for a few months, on its website 101 MoneyMaker falsely claims it has “over 10+ years of experience in blockchain technology and also 7+ years experience of trading in different markets.”

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 GPBots Ponzi scheme has collapsed.

Withdrawals were disabled at least four days ago and GPBots’ CEO is uncontactable. [Continue reading…]