Billionico operates in the subscriptions MLM niche.

The company is purportedly headed up by Daniel Von Lison. Lison stylizes himself as a “baron” and also goes by Daniel Markus von Lison.

As per his FaceBook profile above, Lison represents he is from Germany.

Lison has no known prior MLM experience. He’s a relatively obscure person who seems to have nothing to his name other than a claim to German nobility.

Business ventures we can attach to Lison are Elite Club and BVL Real Estate.

In Lison’s wife Marina’s own words;

The Concept of Elite Club was established by Daniel`s Father, Chevalier Thaddäus Baron von Lison, in 2010 who is himself a successful entrepreneur and the Grand Prior for Germany of the Order of St. Stanislas.

Thaddäus Baron von Lison as a President of Elite Club saw the concept of the business club as a global association of people with chivalric behavior who are willing to recognize the social problems of our time and unselfishly contribute to their solution.

To be more specific: The ELITE CLUB is an international consortium of outstanding personalities (celebrities, VIP persons, famous artists, business tycoons and just everybody who has a good heart and willingness to help other people), a pact which follows clear vision and clear philanthropic missions.

Right.

Elite Club has its own website domain registered at “eliteclub.world”. SimilarWeb tracked just ~1600 monthly visits to the site as of February 2024. That’s as good as dead.

BVL Real Estate also has a website up, on which it claims it’s a “member of Elite Club”.

SimilarWeb clocked ~1400 monthly visits to BVL Real Estate’s website for February 2024 – it’s also dead.

My impression of Lison is that he’s a run-of-the-mill nepo baby, minus the celebrity.

As far as I can tell, Lison is a frontman for what appears to be an unofficial second reboot of the collapsed GSPartners Ponzi scheme. We’ll dive deeper into that in the conclusion of this review.

Getting back to Billionico, the despite Lison being purportedly based in Germany, the company pretends it is based out of the Marshall Islands.

The Billionico Academy hereinafter referred to as “Billionico, Billionico Academy and Billionico Academy Elite ID” as collective brands used on the Billionico Academy Platform, owned by Primus Liquidity Holding Ltd, registered in Republic of Marshall Islands MH96960.

These terms and conditions are governed by and construed in accordance with the laws of the Republic of Marshall Islands, where the provider operates.

The Marshall Islands is a tax haven in the South Pacific. It’s a tiny nation of just ~42,000, with there being no evidence Billionico “operates” there beyond registering a shell company.

And funnily enough, when you run a search on “96960” for the Marshall Islands, Primus Liquidity Holding Ltd. isn’t the company that comes up.

Billionico also seems to have an undisclosed shell company in Switzerland attached to it:

All products and services offered on Billionico Academy platform are subject to Switzerland VAT.

Given this appears to be the money side of the business, Billionico seems reluctant to disclose specifics of its financial shell company/companies.

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

A proposed class-action filed in California on May 3rd alleges Rodan + Fields has misclassified its Consultants as independent contractors.

Plaintiff Lauren Dann, a Rodan + Fields Consultant (distributor), claims the MLM company [Continue reading…]

Mining City has received a securities fraud warning from Cyprus.

Mining City was one of eleven fraudulent investment schemes cited in a February 22nd warning from the Cyprus Securities and Exchange Commission (CySEC). [Continue reading…]

Konstantin Ignatov has received time served for his role in OneCoin.

As reported by Matt Lee of Inner City Press, Ignatov will also be subject to two years supervised release and $118,000 in forfeiture. [Continue reading…]

LegacyX, the second reboot of the collapsed Trust Your Universe Ponzi scheme, is under investigation in Germany. [Continue reading…]

The HyperTech Group series of Ponzi schemes have received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

HyperTech Group related Ponzi schemes cited by ASIC in their March 1st warnings include: [Continue reading…]

Serial Ponzi scammer Edward Zimbardi (aka Ed Zimbardi), has been arrested in the Netherlands.

As first spotted by Brandon @ Ponzi Patrol, WSB-TV Atlanta reports Zimbardi “has been arrested and charged with money laundering overseas.” [Continue reading…]

The Anonymous Trading Ponzi scheme has collapsed.

Following reports of non-payment dating back to August 2023, Anonymous Trading is understood to have initiated its collapse through an “anonycoin” shitcoin.

That ruse has played out, with Anonymous Trading advising it is shutting down as per an “investigation” exit-scam. [Continue reading…]

Ali Saleh has screwed over the attorney representing him in his Eaconomy case.

On February 5th Saleh’s attorney filed a motion requesting permission to withdraw. The court granted the motion on February 21st. [Continue reading…]

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

Durex VIP’s website domain (“durexvip.cc”), was registered with bogus details on February 22nd, 2024.

Of note is Durex VIP’s domain being registered through 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…]