Aquila Holdco Limited fails to provide ownership or executive information on their website.

Aquila Holdco Limited’s website domain (“aquilaholdcolimited.com”), was registered with bogus details on October 29th, 2022.

In an attempt to appear legitimate, Aquila Holdco Limited provides incorporation details for Aquila Holdco Limited in New Zealand.

The address used to incorporate Aquila Holdco Limited has nothing to with the company.

Furthermore for the purpose of MLM due-diligence, basic incorporation in any jurisdiction is meaningless.

It’s as simple as submit bogus details, pay a fee and get a certificate – which Aquila Holdco Limited of course provides on their website.

In the source-code of Aquila Holdco Limited’s website we find an Instagram link for Bofbot Limited:

Bofbot Limited is a collapsed Ponzi scheme that pitched up to 4% a day. As opposed to New Zealand, Bofbot Limited pretended it was based out of the UK.

From Aquila Holdco Limited’s website source-code, we also find the simplified Chinese character “漏”:

This strongly suggests Chinese scammers are behind Bofbot Limited and Aquila Holdco Limited.

While I can’t say for sure, the typical Chinese Ponzi playbook is to operate from a county neighbouring China or from south-east Asia.

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 NovaTech FX Ponzi scheme has collapsed.

In a communication sent out to investors on February 5th, “NovaTech Admin” advised withdrawals have been disabled. [Continue reading…]

Xtreme Marketplace Global also goes by XtremeMPG and MPGXtreme.

Whichever name you’ve come across, it’s all the same company that operates in a number of MLM product niches.

Xtreme Marketplace Global launched in mid 2022 and provides a corporate address in Minnesota on its website.

Heading up Xtreme Marketplace Global is co-founders Randy and Cathy Teinert (right).

So the story goes;

Randy and Cathy Teinert saw the need to launch a new online marketplace featuring the hottest trends and most timely products that can make a difference in people’s lives.

Randy Teinert’s LinkedIn profile is a bit deceptive. Teinart cites his involvement in:

• NatureRich Distribution Center – CEO since 2008
• Global Diesel Innovation – CEO since 2009
• Synchpack Inc – President since 2020

What you won’t find on there is Teinert’s MLM ventures.

Randy and Cathy Teinert own Revii Life Global, an MLM company that launched in 2016.

Prior to Revii Life Global, Teinert also launched Fuel Direct. Fuel Direct launched in 2011 as a division of NatureRich.

Compensation wise, Fuel Direct was a matrix-based pyramid scheme built around XP3 gas and diesel fuel additives. XP3 products are manufactured by Global Diesel Innovation.

As far as I can tell, Randy and Cathy Teinert own all of the companies we’ve mentioned thus far. It’s a closed loop manufacturing to sales business loop, operated out of Minnesota.

There’s nothing inherently wrong Teinert co-mingling all of his companies but it does raise some questions about Xtreme Marketplace Global. We’ll dig deeper into that later in the review.

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

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

AiProFX’s website domain (“aiprofx.com”), was first registered in November 2020. The private registration was last updated on January 30th, 2023.

In an attempt to appear legitimate, AiProFX provides a corporate address in the UK on its website. This address doesn’t appear to have anything to do with AiProFX.

SimilarWeb currently ranks top sources of traffic to AiProFX’s website as Malaysia (93%) and the US (7%).

While not conclusive, this strongly suggests whoever is running YunikonFX is based out of Malaysia.

One thing to note is references to YunikonFX on AiProFX’s website:

YunikonFX is another forex-themed Ponzi scheme, also suspected of being operated from Malaysia.

It is highly likely the same person or group of people running YunikonFX are also behind AiProFX.

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…]

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

YunikonFX’s website domain (“yunikonfx.com”), was first registered in August 2020. The registration was last updated on January 29th, 2023.

Kitamashi Nukumura is listed as the owner of the domain, through an address associated with fraud in St. Vincent and the Grenadines.

The same address without a suite number appears on YunikonFX’s website. The company also presents shell incorporation details for “Yunikon Financial Limited.

I’m assuming this corresponds to a St. Vincent and the Grenadines shell company. This is a red flag as St. Vincent and the Grenadines is a tax haven with no active regulation of MLM related fraud.

“Kitamashi Nukumura” meanwhile doesn’t exist outside of YunikonFX’s domain registration. It’s probably not an actual person.

SimilarWeb ranks top sources of traffic to YunikonFX’s website as Malaysia (82%) and the US (18%).

While not conclusive, this strongly suggests whoever is running YunikonFX is based out of Malaysia.

Supporting this is YunikonFX only offering banking transfers in Malaysia, Vietnam, Indonesia and Thailand. Everywhere else has to use cryptocurrency.

Lastly, we have the Securities Commission of Malaysia adding YunikonFX to their securities fraud list in June 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…]

Crown Global has received a securities fraud warning from Canada.

On February 3rd the Alberta Securities Commission added Crown Global to its Investment Caution List. [Continue reading…]

On January 25th the brokerage BDSwiss confirmed it never had a partnership with GSPartners.

On January 30th BehindMLM learned of BDSwiss’ announcement and covered GSPartners’ deception. It wasn’t the first time owner Josip Heit had been caught lying about business partnerships.

Following BDSwiss’ announcement, GSPartners is now covering up its lies through a new Skyground Group partnership. [Continue reading…]

Last September Kyani was acquired by Amare Global. This prompted me to do a quick check on our 2019 Amare Global review.

I noted changes to the compensation plan so, following the Kyani acquisition, today we’re revisiting Amare Global for a review update. [Continue reading…]

QZ Asset Management has been found to be offering unregistered securities in Indonesia.

As such, the Otoritas Jasa Keuangan has declared QZ Asset Management to be an illegal investment scheme. [Continue reading…]

Go Global was hastily put together following OmegaPro’s collapse in late 2022.

Go Global operates from the website domain “goglobal.network”, privately registered on December 24th, 2022.

At time of publication Go Global’s website fails to provide ownership or executive information.

From Go Global’s prelaunch marketing material however, we learn the company is headed up by:

• Nader Poordeljoo (CEO) –  OmegaPro’s President, prior MLM executive experience with Jeunesse
• A.K. Khalil (COO) – OmegaPro’s COO, launched Cloud 9 Life in 2019 and then joined Jeunesse’s executive team
• Juan Carlos, aka Juan Reynoso and Juan Carlos Reynoso (CSO) – OmegaPro’s Manager for Latin America, CEO of the recently busted iComTech Ponzi scheme

• Paulo Tuynman (President) – OmegaPro’s Vice-President of Sales

OmegaPro first tried to exit-scam through PulseWorld XPL tokens. That flopped and was quickly replaced by a “hackers!” exit-scam.

This eventually led to Broker Group, a newly created company to dump OmegaPro investor losses onto.

Co-founders Andreas Szakacs (Sweden), Dilawar Singh (Germany) and Mike Sims (US), have gone into hiding since OmegaPro collapsed.

Through undisclosed financial arrangements, Nader Poordeljoo and A.K. Khalil have been put in charge of Go Global.

Whether Szakacs, Singh and Sims are involved (and profiting) from Go Global is unclear.

Certainly everyone else involved in OmegaPro has been ported over to Go Global, including ringleader scammers who promoted it.

Someone else worth mentioning is “network marketing strategist & trainer to millions of top earners”, Eric Worre.

Worre signed on to OmegaPro’s executive team as Official Strategic Coach in May 2022.

Worre was responsible for training OmegaPro scammers to be better at recruiting victims.

On the business side of things, Worre got to promote his ticketed “Go Pro” events to OmegaPro investors.

Reciprocally, Worre gave OmegaPro scammers a platform at his Go Pro events.

In an ongoing effort to cement his legacy as an enabler of financial fraud, Worre has signed on to stay with Go Global.

As with OmegaPro, Worre is responsible for training Go Global investors to better recruit new victims. This time around though Worre has shied away from an official Go Global executive title.

On its website Go Global provides a corporate address in Singapore. This is a rented virtual address belonging to Davinci Virtual.

OmegaPro was operated from Dubai. Given all that’s changed is the company’s name, it’s assume Go Global is also being operated from Dubai.

This of course isn’t a coincidence. Dubai is 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 Go Global, read on for a full review. [Continue reading…]