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

World Quant AI’s website domain (“wq-ai.vip”), was registered with bogus details on August 23rd, 2024.

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

World Quant AI has already attracted the attention of financial regulators. The Central Bank of Russia issued a World Quant AI pyramid fraud warning on September 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…]

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

Bivexo’s website domain (“bivexo.com”), was first registered in 2020. The private registration was last updated on February 8th, 2024.

Through the Wayback Machine we can see Bivexo’s website domain was for sale until it was acquired earlier this year.

After Bivexo’s anonymous owners purchased the domain, Bivexo’s current website went live in or around April 2024.

Despite only existing for a few months, on its website Bivexo plays into its domain name being originally registered in 2020.

In 2020 … is the story of the creation of Bivexo Group LTD (BGL), a Hong Kong company with roots deep in Bolivian soil and energy-intensive resource production in China.

Pursuant to this fraudulent claim, Bivexo provides a bunch of doctored Hong Kong shell company certificates on its website:

There’s a bunch of other certificates, none of which have anything to do with Bivexo by way of most of them being predated before Bivexo existed.

Simply put, Bivexo didn’t exist until early 2024. As for Hong Kong, Bolivia and China, Bivexo fails to provide verifiable evidence it has any ties to these countries.

In addition to lying about its company formation, Bivexo also provides a suspect list of “partners” on its website:

This appears to be an attempt at legitimacy via association. Bivexo fails to provide verifiable evidence it has partnered with any of these companies.

Bivexo marketing videos on its website are hosted by what appears to be an actor in a rented office:

Actors in offices is typically the work of Russian scammers. Bivexo’s actor however speaks Chinese, which suggests Chinese scammers could be behind Bivexo.

Of note is SimilarWeb tracking 100% of Bivexo’s website traffic from Kazakhstan as of August 2024.

Russian is spoken in Kazakhstan, which tracks with a lot of Bivexo marketing being in Russian:

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…]

Turkish authorities have arrested a second OmegaPro executive.

Robert Velghe was arrested in Istanbul on Tuesday, September 3rd. [Continue reading…]

Zagee fails to provide verifiable ownership or executive information on its website.

Zagee cites its founder as Calliope Vandermeer. This appears to be a made-up name.

Zagee has two known website domains:

1. zagee.com – first registered in 2014, private registration last updated on January 10th, 2024
2. h5.zgg.info – first registered in 2015, private registration last updated on January 10th, 2024

Zagee’s website domains were for sale until they were purchased in late 2023 or early 2024. Once the domains were purchased, Zagee’s websites went live in January 2024.

Despite this, on its website Zagee falsely represents it has been around since 2014.

At ZaGee, we have our finger on the pulse of the digital revolution and have been creating innovative e-commerce experiences since 2014.

In an attempt to appear legitimate, Zagee provides a company certificate for Zagee LLC. Zagee LLC was purportedly registered in California on January 15th, 2024.

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.

Of note is files on Zagee’s website are named with Chinese characters:

This suggests whoever is running Zagee 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…]

Nadex Ecosystem fails to provide verifiable ownership or executive information on its website.

While Nadex Ecosystem does provide a list of executives, these appear to be fictional identities represented by AI-generated avatars:

Nadex Ecosystem has created an AI-generated robodub video featuring fictional CEO “Bradley Parker”.

“Bradley Parker” is a recycled AI generated identity previously used to represent the CEO of Trustcoin Bots:

TrustCoin Bots appears to be a collapsed trading and mining ruse crypto Ponzi scheme;

Welcome to Trustcoin Bots- AI Trading image & Mining service.

Trustcoin is a company created to give our investors the opportunity to achieve a completely passive income from investment in cryptocurrency mining.

From this we can ascertain the same scammers behind TrustCoin Bots are behind Nadex Ecosystem.

In an attempt to appear legitimate, Nadex Ecosystem provides a UK incorporation certificate for Nadex Ecosystem LTD.

Nadex Ecosystem LTD was registered in the UK on February 11th, 2024. This coincides with Nadex Ecosystem’s website domain (“nadex.group”), being privately registered on February 4th, 2024.

Additionally, 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…]

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

Casa AI’s website domain (“quantcasaairobot.vip”), was privately registered on September 2nd, 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…]

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

ClashNode’s has three known domains it operates from:

1. clashnode.io – privately registered on May 21st, 2024
2. clashnode.finance – registered with a Hong Kong address on June 11th, 2024
3. clhctoken.com (used to host web assets) – registered with a Hong Kong address on June 11th, 2024

The face of ClashNode promotion across Asia is someone going by “Mr. Jason”:

Mr. Jason not using his actual name as a corporate representative of ClashNode is a due-diligence red flag.

Another country targeted by ClashNode is Brazil (ClashNode marketing is typically in Chinese, Portuguese and English).

This ties into ClashNode naming Carlos Nobre as its CEO in official marketing material:

Carlos Nobre appeared on BehindMLM’s radar in 2021 as CEO of BullRun.

BullRun was a Ponzi scheme fronted by Nobre targeting Brazilians. It has of course long since collapsed.

Beyond ClashNode and BullRun, Nobre has a long history of participation in MLM scams.

BNG was an MLM scam that scammed thousands in Brazil circa 2016.

As part of their coverage of BNG’s collapse, UnversoMLM cited Carlos Nobre (right) as the company’s Marketing Director.

UnversoMLM tied Nobre to UniverTeam, a Portuguese scam that was eventually sold off to the notorious OneCoin scheme.

Going back even further, in 2012 Nobre was promoting the AiYellow pyramid scheme.

The first MLM crypto scam I was able to pin Nobre to was Digital Goen.

Digital Goen was a Brazilian crypto Ponzi scheme advertising a 3% daily ROI. Digital Goen collapsed in December 2019.

Nobre’s extensive history of fraud is likely why there is no mention of him on ClashNode’s website.

Whether Nobre is working alone or with Chinese scammers in Hong Kong is unclear.

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…]

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

uTrading’s website domain (“utrading.ai”), was privately registered on an unknown date.

Over on uTrading’s official YouTube channel, we find robo-dubbed marketing videos with an Asian accent. The use of “VIP” to name uTrading accounts is also typical of 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…]

Pixar MOV fails to provide ownership or executive information on its website.

Pixar MOV’s website domain (“pixarmov.com”), was privately registered on August 24th, 2024.

Pixar MOV has already attracted the attention of financial regulators. The Central Bank of Russia issued a Pixar MOV pyramid fraud warning on September 3rd, 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…]

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

AiBN’s website domain (“aibnglobal.com”), was privately registered on February 3rd, 2024.

AiBN marketing suggests it is run by Indian looking scammers hiding in Dubai with fake names:

This is reflected in AiBN marketing webinars, attendees of which have names from the region (India, Pakistan, Bangladesh etc.).

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 AiBN, read on for a full review. [Continue reading…]