E1ULife fails to provide ownership or executive information on its website.

E1ULife’s website domain (“e1ulife.com”), was first registered in December 2021. The private registration was last updated on November 19th, 2024.

Further research reveals E1ULife marketing videos citing David Golden as its owner and CEO:

As per his LinkedIn profile, Golden is based out of Florida in the US:

In the experience of his LinkedIn profile, Golden cites CoinLogiq and Ingreso Cybernetico.

CoinLogiq is a collapsed bitcoin ATM scheme that targeted Colombia. Ingreso Cybernetico is a collapsed MLM pyramid scheme.

Both CoinLogiq and Ingreso Cybernetico were run by serial fraudster Dwayne Golden (right).

I wasn’t able to pin down specifics but it’s not unreasonable to suggest a family connection between David and Dwayne Golden.

Dwayne Golden was indicted in 2022 on charges related to his involvement in multiple MLM crypto Ponzi schemes.

Golden pled guilty to conspiracy to commit wire fraud and money laundering in September 2024.

Golden has already consented to forfeiture of $2.46 million, with sentencing expected to be scheduled later this year.

Separately, the CFTC filed parallel civil fraud charges against Golden in 2022. The outcome of the CFTC’s case has been stayed pending Golden’s sentencing.

Even if he’s not related, David Golden was very much part of Dwayne Golden’s crime spree from at least 2013 to 2020.

Also with Dwayne Golden out on bail pending sentencing, we can’t rule out him being unofficially involved in (and/or actually running) E1ULife.

Update 10th March 2025 – I was able to independently confirm a family connection between David and Dwayne Golden.

/end update

Update 11th March 2025 – I was able to independently confirm Dwayne Golden has been involved in E1ULife since launch in 2021:

/end update

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…]

AItoCap, or AItoCapital, fails to provide ownership or executive information on its websites.

AItoCap operates from two known website domains, “aitocap.co” and “aitocap.com”. Both domains were registered with bogus details on February 7th, 2025.

Of note is AItoCap’s website domains being registered through the Chinese registrar Alibaba (Singapore).

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…]

UniLive fails to provide ownership or executive information on either of its websites.

UniLive operates from two known website domains:

1. unilive.io (marketing website) – privately registered on August 11th, 2024
2. h.lulin.top (affiliate login/signup) – registered in September 2023, private registration last updated on November 11th, 2024

Instead of being honest about its founders and management, in its marketing material UniLive presents fictional executives represented by cartoons:

Over on social media UniLive ditches the cartoons…

…but we’re still only left with CEOs “Steve” and “Hunter” represented by photos of unknown origin.

A UniLive rented office marketing video doing the rounds looks like someone hired out an AirBNB and put up temporary UniLive signage.

UniLive’s marketing represents the company is based out of Singapore:

Chinese also features on UniLive’s websites:

And UniLive’s website domain uses Alibaba name-servers.

Putting all of this together, we can likely ascertain UniLive is being run by:

1. Singaporean admins;
2. Chinese admins operating out of Singapore; or
3. Singaporean and Chinese admins working together out of Singapore.

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…]

Patek Mall fails to provide ownership or executive information on its website.

Patek Mall’s website domain (“patekmall.vip”), was registered with bogus details on February 15th, 2025.

Of note is Patek Mall’s website domain being registered through the Chinese registrar Alibaba (Singapore).

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…]

Treasure Island fails to provide ownership or executive information on its website.

Treasure Island operates from three known website domains:

1. treasureislandnetwork.com – registered in October 2023, private registration last updated on September 18th, 2024
2. ticoin.io – registered in July 2024, private registration last updated on February 25th, 2025
3. watchtreasureisland.com – registered in May 2021, registration last updated June 1st, 2024 by owner Connect Social through Manitoba, Canada address

As per its LinkedIn profile…

…Connect Social LLC is

an Innovative Digital Marketing Company helping retailers to make/save money by growing their customer base.

The website domain provided on Connect Social’s LinkedIn profile is disabled but the company appears to have moved to “iamconnect.com”.

“Iamconnect.com” was registered in January 2018. The registration was last updated on January 6th, 2025 and lists Connect Social LLC, through a Nevada address, as the domain’s owner.

Heading up Connect Social is Manitoba resident Brett Nicholson:

Over on LinkedIn Nicholson also cites himself as “owner and COO of Treasure Island Productions LLC”:

I am proud to be a partner in an innovative new Reality Television show – Treasure Island.

Nicholson doesn’t appear to have an MLM history. Prior to Connect Social and Treasure Island, Nicholson appears to have been involved in real-estate and building supplies.

Why Nicholson’s ownership of Treasure Island is not disclosed on the company’s website is unclear.

Update 22nd March 2025 – Turns out Brett Nicholson is working with Jeff Dyck, the actual founder and CEO of Treasure Island.

Dyck, who now goes by Jeff Jeffries, is a convicted tax fraudster who’s served time in Canada. /end update

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…]

UbitEx was an MLM crypto Ponzi scheme that launched in mid 2024.

The scam was headed up by CEO “Alex Sandro”, an underwear model believed to be living in Indonesia.

UbitEx affiliates invested cryptocurrency into UB. Through a “staking” Ponzi model, UbitEX recycled invested funds to pay returns.

UbitEx collapsed in late 2024. On December 2024 the domain “ubx.one” was privately registered.

Shortly after Ubitex was rebooted as UBX:

Not surprisingly, Ubitex’s Boris CEO Alex Sandro is gone. On January 14th, 2025, UBX uploaded its first marketing video to its newly created YouTube channel.

The video is a webinar hosted by someone with, if I’m not mistaken, a Singaporean accent. This ties into UbitEx being run by Chinese scammers:

Of note is France’s AMF adding Ubitex to its fraud blacklist on February 13th, 2025.

As of February 2025, SimilarWeb tracked the majority of UBX website traffic from the US (43%), France (36%) and the UK (22%). This traffic is likely to primarily be victims of UbitEX.

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

The Super Matrix’s website domain (“thesupermatrix.com”), was privately registered on January 4th, 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…]

The gaslighting of Daisy victims continues.

The latest March 6th video sees Jeremy Roma, Eduard Khemchan and Ilya Marin pretend Daisy wasn’t an investment scheme. The trio also denies they stole investor funds. [Continue reading…]

Quintessential Business Network (QBN) has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV).

As per the CNMV’s February 25th warning; [Continue reading…]

UbitEx has received a securities fraud warning from France’s Autorite des Marches Financiers (AMF).

As per the AMF’s February 13th, 2025 warning, Ubitex is “blacklisted by the AMF because it offers financial services or products without being authorized”. [Continue reading…]