Roxxtter Club fails to disclose ownership or executive information on its website.

In fact as I write this, Roxxtter Club’s website is nothing more than a “coming soon” placeholder.

This can be bypassed by going to subdomain “app.roxxtter.com”, which allows affiliates to sign in. In other words, Roxxtter Club has indeed launched.

Roxxtter Club’s website domain (“roxxtter.com”), was registered in December 2022. The private registration was last updated on December 5th, 2023.

Although she doesn’t appear to be running Roxxtter Club, one name we can associate with the company is Vera Peters.

Peters’ company BusinessArt is working “in cooperation with” Roxxtter Club through their Business Academy offering.

Business Academy is a typical education platform offered by MLM companies.

On her BusinessArt website, we learn Vera Peters is a “management consultant and business coach”.

With over 25 years of management experience, most notably at Deutsche Lufthansa AG, she is a real power woman in the business world.

Peters is based out of Germany. Although Roxxtter Club’s domain registration is private, the registration country is also set to Germany.

From this it’s highly likely that whoever is running Roxxtter Club has ties to Germany.

As of November 2023, SimilarWeb tracked top sources of Roxxtter Club website traffic as Belgium (60%), the UK (25%) and South Africa (15%).

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…]

TMT Network, aka TMT Matrix, fails to provide ownership or executive information on its website.

TMT Network’s website domain (“tmt-matrix.co.za”), was privately registered on October 30th, 2023.

As of November 2023, SimilarWeb tracked 100% of TMT Network’s website traffic out of South Africa.

The use of a South African domain and 100% local traffic strongly suggests whoever is running TMT Network has ties to South Africa.

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…]

COS and COSCoins have received securities fraud warnings from the UK.

As per the FCA’s December 12th warning, COS and COSCoin are “not authorised … and may be targeting people in the UK”. [Continue reading…]

Validus has received a securities fraud warning from Dubai.

As per a December 22nd alert from the Dubai Financial Services Authority; [Continue reading…]

Wire8 fails to provide ownership or executive information on its website.

In fact as I write this, Wire8’s website is nothing more an affiliate sign up or sign in form.

Wire8’s website domain (“wire8.com”), was first registered in 2012. The private registration was last updated on October 2nd, 2023.

Through the Wayback Machine we can determine Wire8’s current website went live towards the end of October. This means whoever is running Wire8 purchased the domain on or around October 2nd.

Over on YouTube we have a December 3rd a video a Wired8 marketing video in Filipino:

One name we can definitively tie to Wire8 is Romeo Ganit.

Ganit popped up on BehindMLM’s radar earlier this year through the LedgerBlock Ponzi scheme.

The CEO of LedgerBlock was Paul Sykes, a former employee of Blockworq.

Blockworq was a “Malaysian based Blockchain solutions provider.” Coinciding with LedgerBlock’s May 2023 collapse, today Blockworq’s website is inaccessible.

Nevertheless, in June 2023 Romeo Ganit represented Blockworq at a cryptobro circlejerk held in Malaysia.

I’m not 100% sure on this but I believe Ganit is a Philippine national living in Malaysia.

As of November 2023, SimilarWeb tracked top sources of Wire8 website traffic as Malaysia (70%) and New Zealand (30%).

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…]

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

PayFundFX’s website domain (“payfundsfx.info”), was privately registered on September 30th, 2023.

The footer of PayFundFX’s website is all over the place:

• despite only existing for a few months, PayFundFX backdates its website to 2018
• a bunch of text pertaining to Nexford Finance Group has been copy and pasted from another website
• the “Financial Conduct Authority in Australia” is cited, an entity that doesn’t exist
• PayFundFX represents it is based out of “Sydney, Australia”

The one marketing video on PayFundFX’s official YouTube channel is stock footage with robodub narration. This is typical of non-native English speaking admins.

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…]

Serial MLM crypto scammer Nicholas Coppola has been arrested in Italy.

Coppola had been hiding out in Dubai…

…but appears to have wanted to spend Christmas and the new year in his native Veneto.

Coppola was arrested by Italian financial police in Veneto on December 28th. [Continue reading…]

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

BitBest’s website domain (“bitbestdex.com”), was privately registered on June 26th, 2023.

On its website BitBest provides various certificates for Dubai shell companies.

This ties into BitBest representing it is based out of Dubai on social media.

With a bit of messing around, breaking BitBest’s website reveals it is run by someone who speaks Chinese.

Be it from Dubai or somewhere in Asia (typically Hong Kong or Singapore), whoever is running BitBest has ties to China.

As for Dubai; 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 BitBest, read on for a full review. [Continue reading…]

Web3 Asset Trading fails to provide ownership or executive information on its website.

Web3 Asset Trading’s website domain (“webat12.com”), was privately registered on October 19th, 2023.

Of note is Web3 Asset Trading’s domain being registered through a Chinese registrar. Web3 Asset Trading’s website is also set to Chinese:

This strongly suggests whoever is running Web3 Asset Trading has ties to China.

In an attempt to hide ties to China, Web3 Asset Trading provides a shell company certificate for Web3 Asset Trading Ltd.

Web3 Asset Trading Ltd. was purportedly registered in Colorado on October 18th, 2023.

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…]

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

Centure AI’s website domain (“centureai.com”), was privately registered on September 16th, 2023.

In an attempt to appear legitimate, Centure AI provides shell company details for Centure AI LLC in Kentucky.

We are excited to announce that we have officially registered as a Limited Liability Company (LLC) in the state of Kentucky, USA, under the name CENTURE AI LLC (Company registered no #1316221 United States).

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence a shell company in any jurisdiction is meaningless.

As of November 2023, SimilarWeb tracked top sources of traffic to Centure AI’s website as Lativa (23%), Russia (15%) Poland (12%) and Brazil (10%).

It’s likely whoever is running Centure AI has ties to at least one of these countries.

Russia is a prime candidate. On December 12th, 2023, the Central Bank of Russia issued a Centure AI pyramid fraud warning.

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…]