Following executed search warrants on January 11th, Indian authorities have frozen Rs. 6.4 million (~$77,000 USD).

In a January 12th press-release, the Enforcement Directorate revealed the funds were tied to iX Global and TP Global FX. [Continue reading…]

Two former promoter of the 8 Figure Dream Lifestyle pyramid scheme have been sued by the FTC.

A Complaint filed by the FTC on December 8th, 2023, names three defendants:

• Bob Shafer, aka Robert William Shafer, Coach Bob, Bo Hall, Bo Small, Bo Rich and Beau Rich, a resident of New York;
• Samuel James Smith, a resident of Idaho; and
• Charles Joseph Garis Jr., aka Joe Gaines, a resident of Pennsylvania

The FTC has accused Shafer, Smith and Garis of violating the FTC Act and Telemarketing Sales Rule (TSR). [Continue reading…]

Global Adkach fails to provide ownership or executive information on its website.

Global Adkach’s website domain (“adkach.com”), was registered in March 2022. The private registration was last updated on March 13th, 2023.

In the footer of its website, Global Adkach provides a corporate address in Morocco.

Further research reveals marketing citing Amine Hafidi as Global Adkach’s founder and CEO.

Hafidi, who for some reason refers to himself as a “Grand Master”, appears to be from Morocco.

This tracks with Global Adkach’s provided corporate address.

Due to language-barriers tracking Hafidi’s MLM history proved difficult. Circa 2014/2015 though, Hafidi appears to have been promoting the Dubli pyramid scheme.

Circa 2016 it was revealed Dubli was losing millions of dollars. The scam went on to collapse in 2022.

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 Body Shop is closing the UK and Australian divisions of its The Body Shop At Home MLM opportunity.

Yesterday The Body Shop informed distributors it had [Continue reading…]

David Carmona, founder of the iComTech Ponzi scheme, has pled guilty to one count of conspiracy to commit wire fraud.

After initially pleading not guilty following his arrest in late 2022, Carmona changed his plea at a December 22nd hearing. [Continue reading…]

A visit to Infinity Pi’s website reveals new “Infinity X” branding.

Infinity Pi was a short-lived MLM crypto Ponzi run by Chinese scammers.

Launched in Q3 2023, Infinity Pi first collapsed in October. An Infinity Pi 2.0 reboot was launched, only to collapse again a week before Christmas.

It seems Infinity Pi isn’t done milking gullible saps, with Infinity X now marking the second reboot of the scam.

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

Nexus Rewards launched in 2022. It was a reboot of the collapsed NXR Global pyramid scheme, combining recruitment commissions with “savings and cashback apps”.

I’m not exactly sure when but Nexus Rewards recently revamped its compensation plan. The official compensation documentation on Nexus Rewards’ website was created on January 1st, 2024.

Nexus Rewards’ reboot resulted in renewed marketing efforts. This in turn led to reader requests for an updated review.

Today we revisit Nexus Rewards for 2024 and see what’s changed. [Continue reading…]

As a point of policy, BehindMLM’s contact form categorically states anything to do with “reputation management enquiries/demands” and “SEO” will be ignored.

Unfortunately that doesn’t stop shady operators from falsely marketing they can get BehindMLM content removed.

Today we’re covering marketing lies from Mike Munter and Matt Peters. [Continue reading…]

A German court has sentenced OneCoin promoter and money launderer Frank Ricketts to five years in prison.

As tweeted by Johan von Mirbach, producer of the CryptoQueen docu series, Ricketts’ wife Manon Hubenthal received four years.

Disgraced attorney Martin Breidenbach, who assisted Ricketts and Hubenthal with laundering OneCoin Ponzi funds, was sentenced to two years and nine months. [Continue reading…]

Rodney Burton, aka “Bitcoin Rodney”, was arrested in Florida on January 4th, 2024.

Burton has been indicted on HyperFund fraud charges, filed as part of a wider criminal case in Maryland. [Continue reading…]