KZ1 has been sold to Kannaway for $5 million.

Kannaway’s parent company Medical Marijuana revealed the acquisition in an August 1st press-release. [Continue reading…]

Xaindex has received a pyramid fraud warning from Russia.

As per the Central Bank of Russia’s August 1st warning, Xaindex exhibits “signs of a financial pyramid”. [Continue reading…]

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

The “events” section of CannaGlobe’s website referenced Marty Hale, who on FaceBook cites himself as CannaGlobe’s founder and CEO.

Why this information isn’t presented on CannaGlobe’s website is unclear.

Hale has an MLM history dating back to the 1980s. Hale’s published bio cites him as

• a distributor of Excel Communications (1989 – 1995)
• a consultant for PrePaid Legal (1996)
• a speaker for ACN (1998)
• co-founder and CEO of Net Lifestyles (1999 – ???)

Hale appears to have left the MLM industry for most of the 2000s. His bio details multiple contractor and executive positions.

In 2009, Hale returned to MLM as Chief Strategy Officer of the Trump Network. After that Hale held a number of MLM executive positions;

• distributor and executive (CEO and CMO) with Momentis (2011 – ???)
• President of bHip (2013 – ???)
• Chief Ambassador for Viridian (2014 – ???)
• founder of LIVIT International (2016 – ???)

In 2018 Hale returned to Terry LaCore and got involved in a number of LaCore Enterprises MLM companies (bHip Global is owned by LaCore Enterprises).

These include Liv Labs (2018) and Ignite VIP (2020).

CannaGlobe launched in 2018 and operates through the Colorado shell company CG Companies LLC.

The same Texas address used to register CG Companies is tied to Livit International, a travel company owned by Marty Hale.

I wasn’t able to verify if Lacore Enterprises had an ownership stake in CannaGlobe. I’m leaning towards no as LaCore is typically straightforward when setting up MLM companies he has an ownership stake in.

What I can confirm is LaCore Labs appear to be a product formulator for some of CannaGlobe’s products.

Both CannaGlobe and Marty Hale are based out of Texas.

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

Matrix Win fails to provide ownership or executive information on its website.

Matrix Win’s website domain (“matrix.win”), was privately registered on June 23rd, 2023.

Of note is the footer of Matrix Win’s website containing links pointing to BNB Matrix.

BNB Matrix’s website domain (“bnbmatrix.live”), was privately registered on May 9th, 2023.

BNB Matrix itself is/was a BNB matrix-based Ponzi cycler.

For all intents and purposes, Matrix Win appear to be a reboot of BNB Matrix.

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…]

NewEra Community fails to provide ownership or executive information on its website.

In fact as I write this, here’s what NewEra Community’s website looks like:

Despite being active on social media and soliciting investment, NewEra Community is hiding its website from the public.

Further research reveals NewEra Community’s CEO is Salman Sardar:

Back in the day, Sardar made a name for himself in ACN:

At some point Sardar transitioned into MLM crypto fraud, reappearing as a top earner in the BizzTrade Ponzi scheme.

BizzTrade began as BizzTrek, an Amazon knock-off pyramid scheme run by Rehan Gohar, Rizwan Gohar (brothers) and Gurpreet Dhaliwal.

BizzTrek collapsed by the end of 2019, prompting the Gohar brothers to reboot as BizzTrade.

BizzTrade was initially a forex Ponzi scheme. By mid 2020 forex had been swapped out for crypto.

The “BizzCoin” iteration of BizzTrade collapsed in late 2021. This prompted a third reboot as BizzTrade Pro in early 2022.

BizzTrade Pro collapsed after a few months. A fourth NextGen Academy reboot was launched on or around April 2022.

NextGen Academy lasted about a year. Traffic to NextGen Academy’s website has fallen off since the Ponzi side of the business collapsed.

SimilarWeb tracked ~99,000 visits to NextGen Academy’s website in June 2023. This is down 23% month on month, with 86% of traffic originating from Columbia (traffic from Columbia alone is down 76% month on month).

In early 2023 a My Car Club spinoff was launched. Website traffic data from SimilarWeb suggests it too has already collapsed.

The Gohar brothers appear to have gone into hiding. BehindMLM readers have suggested NewEra Community is a fifth reboot run by the Gohar brothers. I wasn’t able to confirm this.

If the Gohar brothers are running NewEra Community above Salman Sadar, this is being kept secret for now.

NewEra Community marketing suggests Sadar is based out of the UK. On some level however NewEra Community has maintained the ties to Dubai the Gohar brothers’ various Ponzi schemes had:

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

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

PeradoxPro’s website domain (“peradoxpro.com”), was privately registered on March 1st, 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…]

Plexus has settled allegations of mail fraud for $600,000.

As per a civil case brought by the DOJ, Plexus [Continue reading…]

FFST Group fails to provide ownership or executive information on its website.

FFST Group’s website domain (“ffst.com”), was first registered in 2003. The private registration was last updated on May 30th, which is around the time current owners bought it.

If we look at FFST Group’s website source-code, we find a reference to the Chinese search engine Baidu:

This strongly suggests whoever is running FFST Group 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…]

InvesableAI operates in the cryptocurrency MLM niche.

The company presents two co-founders on its website; Lee Dalton and Richmond Ray Gonzales:

Both Dalton and Gonzales are cited as InvesableAI CEOs.

Based on his accent, Dalton appears to be an Australian national. On LinkedIn Dalton represents he is based out of Malaysia:

Update 7th September 2023 – In an email sent to BehindMLM, Dalton states he’s “an Australian and I have lived in Malaysia for 17 years married to a Malaysian.” /end update

Richmond Gonzales appears to be a Singapore national:

Of note is, based on his LinkedIn profile, Gonzales has spent a few years working in Australia.

Both Dalton and Gonzales don’t have a verifiable MLM history. This might suggest they’ve been hired to front InvesableAI.

A third name we can attach to InvesableAI is Marketing Director Reid Fletcher:

On FaceBook Fletcher goes by “Reid Alan” and represents he is based out of Virginia in the US.

Fletcher/Alan cites himself as a Marketing and Public Relations Manager for the Gate cryptocurrency exchange.

Gate is a crypto exchange that primarily services Russia. Gate intentionally avoids the US because it doesn’t want to register its various investment opportunities with the SEC and file audited financial reports.

Whether any InvesableAI funds flow through Gate is unclear.

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

Terrence Pound’s Keep It 100 Ponzi scheme has collapsed.

Following a July 27th webinar in which Pounds claimed Keep It 100 investment had dropped from ~$100,000 to $~5000 a day, Keep It 100’s website went offline.

Visits to Keep It 100’s website now reveal an unscheduled maintenance message: [Continue reading…]