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

ABC Holdings has two known website domains:

1. abcholdings.io – privately registered on September 28th, 2023
2. abcmining.me – privately registered on October 27th, 2023
3. abcai.me – privately registered on October 29th, 2023

On both of ABC Holdings’ websites there are references to “Arkbit Capital Holdings”.

Arkbit Capital was an MLM crypto Ponzi that launched in late 2022.

Heading up Arkbit Capital was Boris CEO “Thomas Brewer”.

Brewer was played by US actor Mike Wolfe. Other than the same photo appearing on ABC Holdings’ website (“abcmining.me”), Wolfe doesn’t feature in ABC Holdings’ marketing.

It appears Wolfe stopped playing Brewer prior to BehindMLM’s January 2023 Arkbit Capital review.

On December 3rd, 2022, Arkbit Capital uploaded a YouTube video revealing new CEO “Delmar Estabrook”.

I don’t have a name but the man playing Estabrook has a North American accent. Like Wolfe, he’s likely an actor picked up from somewhere.

As of November 2023, the actor playing Estabrook still featured in ABC Holdings’ marketing:

In the video above, Estabrook notes Arkbit Capital’s rebranding to ABC Holdings. This followed a June 2023 securities fraud cease and desist order from the Arkansas Securities Department.

BehindMLM noted Arkbit Capital’s collapse on November 24th, 2023. ABC Holdings is an effective reboot.

While we can’t say for sure who’s behind ABC Holdings, Boris CEO MLM Ponzi schemes are typically the work of eastern European scammers (Russia and/or Ukraine).

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…]

Nordea Partners has misappropriated the corporate identity of Nordea.

Nordea is a multi-billion European bank headquartered in Finland. Nordea Partners has nothing to do with Nordea but misappropriates the company’s name, Finnish headquarters and executives.

There are some cracks in Nordea Partners’ facade on its website. One obvious mistake is the use of a UK company certificate to represent Nordea’s Finnish company registration.

Whereas Nordea operates from “nordea.com”, Nordea Partners operates from “nd-limited.com”.

Nordea has been around since 1820. Nordea Partners’ website domain was only recently registered on September 27th, 2023.

If we look at the source-code of Nordea Partners’ website, we find references to “hyipcustomize.com”.

HYIP Customize sells Ponzi scripts to scammers for $299 to $599. Who runs HYIP Customize 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…]

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

SmartSteps’ website domain (“smartstep.live”), was privately registered on January 9th, 2023.

SimilarWeb tracked ~11,500 monthly visits to SmartSteps’ website as of November 2023. Three sources of traffic were identified; Canada (93%), the US (4%) and the UAE (2%).

If we look at the source-code of SmartSteps’ “powered by GitBook” whitepaper, we can see it was set up in Chinese:

While I can’t say for sure, SmartSteps appears to be anonymous Chinese admins in Dubai targeting Canada and the US.

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…]

Following a January 3rd article from the Guardian trying to uncover Hyperverse CEO Steven Reece Lewis, I couldn’t help but revisit the collapsed Ponzi scheme.

There wasn’t much to go on. I tracked Lewis to Thailand’s nightlife but couldn’t find anything definitive to publish.

Someone else who read the Guardian’s article is “Nobody Special” of the “Nobody Special Finance” YouTube channel.

On January 5th, Nobody Special Finance published a video titled “BUSTED: Fake HyperVerse CEO Who Stole $1.3 Billion Unmasked!“.

In the video, “Steven Reece Lewis” is outed as Thailand resident Steve Harrison. [Continue reading…]

ShareTheWinnings operates in the gaming MLM niche.

Heading up the company is Jeremy Duncan, who cites himself as ShareTheWinnings’ owner.

Duncan’s FaceBook profile locates him in the US state of Indiana.

Prior to My Traffic Powerline, Duncan (right) was promoting Got Backup? and Against All Odds.

As far as his own launches go, we have M80 Advertising in early 2023 and The Rocket Recruiter circa April/May 2023.

Both M80 Advertising and The Rocket Recruiter are MLM pyramid schemes bundled with advertising and digital products.

M80 Advertising and The Rocket Recruiter collapsed shortly after launch. This prompted Duncan to launch My Traffic Powerline in August 2023.

Website traffic tracking from SimilarWeb reveals My Traffic Powerline collapsed in Q4, 2023.

In September 2023 there were ~860,000 monthly visits to My Traffic Powerline’s website. By November 2023 this plummeted to ~166,000.

As My Traffic Powerline was collapsing, Duncan registered ShareTheWinnings’ website domain on September 29th, 2023.

This marks the fourth MLM launch of Duncan’s since he popped up on BehindMLM’s radar last year.

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

BehindMLM initially reviewed Exitus Elite back in 2016. It was a reboot of Exitus Network, a gifting scheme run by Paul Stevenson.

Exitus Elite collapsed in 2017, prompting Stevenson to launch Exitus 500.

Exitus 500 didn’t last long, prompting another rebrand to Exitus Elite 2018. Not really sure what happened after that but at some point Stevenson rebranded back to Exitus 500.

Today Exitus 500 doesn’t exist. It seems Stevenson (right) at some point again reverted back further to Exitus Elite.

Assuming the current iteration of Exitus Elite hasn’t collapsed since Exitus 500 was abandoned, this would be Stevenson’s fifth reboot.

Following renewed marketing efforts, a BehindMLM reader recently reached out to request an updated Exitus Elite review.

Today we revisit Exitus Elite for an updated review. [Continue reading…]

A reader recently wrote in about Shane Morand promoting “PureCafe” on YouTube.

They figured it was some new coffee MLM and asked me to look into it. [Continue reading…]

DQF, aka Defi Quantify or DQF Quantization, fails to provide ownership or executive information on its website.

DQF’s website domain (“defiquantify.com”), was privately registered on December 12th, 2023.

It should be noted that DQF has disabled web access on its primary domain. DQF’s website has to be accessed on a “h5” subdomain.

This is a common implementation of “click a button” app Ponzis run by 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…]

Warren Finance fails to provide ownership or executive information on its website.

In a corresponding GitBook, Warren Finance claims the “masterminds” behind the scheme are individuals who go by “Moonshot Max”, “Math” and “Nomad”.

Only Telegram user accounts are provided as points of contacts for these individuals. This is an immediate red flag.

Moonshot Max has a YouTube channel and, at least based on his accent, appears to be a US national.

MoonShot Max uses his YouTube channel to promote various fraudulent crypto investment schemes. Notable is Drip Network, which has collapsed and been rebooted numerous times.

Warren Finance’s website domain (“warren.finance”), was privately registered on November 10th, 2023.

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…]

Federal Stock Bond fails to provide ownership or executive information on its website.

Federal Stock Bond’s website domain (“federalstockbondinc.com”), was privately registered on January 14th, 2023.

If we look at the source-code of Federal Stock Bond’s website, we find it is a mirror of “crosstrade-uk.com” and “federalstockbond.com”.

This is typical of scammers using a template across multiple cloned websites.

Despite only existing for a year at best, on its website Federal Stock Bond falsely claims it has been around since 2018.

We are actively in business for 4 years. Though our inception was in 2018.

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…]