MHT Trading, aka MHT Trade, fails to provide ownership or executive information on its website.

MHT Trading’s website domain (“mhttrade.io”), was privately registered on November 6th, 2024.

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…]

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

Glgrok AI operates from three known website domains;

1. glgrok.ai – registered with bogus details on February 23rd, 2025
2. glgrok.app – registered with bogus details on March 17th, 2025
3. glgrok.cc – privately registered on March 7th, 2025

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…]

Cryptex has received a securities fraud warning from Austria’s Financial Market Authority (FMA).

As per the FMA’s April 12th, 2025 Cryptex warning; [Continue reading…]

Getting access to a payment processor isn’t much of a big deal for a regular company.

When it comes to fraudulent investment schemes however, gaining access to a payment processor can be a marketing point.

Such is the case with Bellator but… it’s complicated. [Continue reading…]

Ricky’s Booster fails to provide ownership or executive information on  its website.

Ricky’s Booster operates from two known website domains:

1. rickybooster.com – privately registered January 22nd, 2025 (Korean registrar)
2. rickysbooster.com – privately registered on November 19th, 2024

In fact as I write this, Ricky’s Booster’s website homepages are nothing more than a login form:

Further reveals what appears to be an official Ricky’s Booster YouTube channel, on which we find a CEO video:

Rickys Booster is represented to be headed up by “Ricky Seo”, a seemingly random South Korean crypto bro.

This tracks with Korean appearing in Rickys Booster’s website source-code:

Of note is Ricky’s Booster marketing being conducted through “Crypto Astronaut”, using the Twitter handle “@CryptoAs_TW”.

Crypto Astronaut pitches itself as an “advertising & marketing agency”. In reality it’s a crypto scam shill factory.

Crypto Astronaut seems to specialize in setting up “Q&A” marketing videos, featuring random actors.

It’s unclear whether the scammer(s) behind  Crypto Astronaut is behind Ricky’s Booster but it’s highly likely.

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…]

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

TheCityUK-AI’s website domain (“thecityuku.vip”), was privately registered on March 11th, 2025.

TheCityUK-AI has already attracted the attention of financial regulators. The Central Bank of Russia issued a TheCityUK-AI pyramid fraud warning on April 24th, 2025.

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…]

HelpingHands Cash fails to provide ownership or executive information on its website.

HelpingHands Cash operates from three known website domains:

1. helpinghands.cash – registered in October 2023, private registration last updated on November 1st, 2024
2. helpinghands10x.cash – privately registered on January 27th, 2025
3. helpinghandsrewards.com – privately registered on March 3rd, 2025

Further research reveals HelpingHands Cash’s official Telegram channel is run by by “Will F”. This syncs with HelpingHands Cash marketing videos being hosted by Parmy William.

In one marketing video, Parmy William claims to be HelpingHands Cash’s “creator [and] co-founder”.

Note “Parmy William” may be an alias. I was unable to find anything further (this might tie into “Will F” on Telegram).

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…]

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

Pantera Capital VIP’s website domain (“oupapa.com”), was first registered in 2017. The private registration was last updated on April 1st, 2025.

Pantera Capital VIP has already attracted the attention of financial regulators. The Central Bank of Russia issued a Pantera Capital VIP pyramid fraud warning on April 14th, 2025.

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…]

Beneleit is a “100% Mexican company” that operates in a number of MLM niches; nutritional supplements, cell service, food and gas.

Beneleit was founded back in 2013 and is headed up by “Director General” Daniel Escudero.

As per Escudero’s Beneleit corporate bio;

From an early age, Daniel Escudero was exposed to the world of network marketing thanks to his mother, Martha Sánchez, who introduced him to the industry when he was just 8 years old.

Inspired by his mother’s hard work and dedication, Daniel decided at 24 to follow in her footsteps and begin developing professionally in the network marketing field.

Throughout his career, Daniel worked in 14 different multilevel marketing companies. [Daniel] repeatedly encountered unfair and unethical practices.

His last experience was particularly unfortunate. Despite achieving significant growth, a broad network of partners, and a sizable check, the company never paid him the profits he had generated.

Shortly after, it disappeared without warning, leaving him in a critical financial situation.

It was in a moment of great need that Daniel made a pivotal decision. One afternoon, while his wife asked him to buy powdered milk for their baby, he went out in his car but stopped, overwhelmed by the situation.

With no money to buy the basics for his family, he burst into tears. In that instant, he summoned the courage and determination that would change his life: instead of pursuing a fifteenth multilevel marketing venture, he decided to create his own company

On my end, and this could just be language-barriers, I wasn’t able to verify Escudero’s claimed MLM history.

As per its website, Beneleit’s corporate address is in Puebla de Zaragoza, Mexico.

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

The SEC has sued PGI Global’s Ramil Venture Palafox and several relief defendant accomplices.

Ramil Ventura Palafox is the sole named defendant. The SEC has also sued four relief defendants; [Continue reading…]