Batched investors are purportedly being funneled into Micah Theard’s CashFlow NFT Ponzi scheme.

Specific details are sketchy but, throughout April 2023, behind-the-scenes information suggests CashFlow NFT acquired Batched. [Continue reading…]

Forcount Boris CEO Salvador Molina, played by Spanish national Nestor Nunez, was arrested in Spain on December 28th, 2022.

This wasn’t publicly known until last month, following Nunez’s arrest upon touching down in the US last month. [Continue reading…]

Despite being served notice of proceedings, NovaTech FX was a no-show at a securities fraud hearing in Ontario. [Continue reading…]

Mitotic Money has collapsed with a “banking problems” exit-scam.

Mitotic Money disabled withdrawals on April 30th. After 48 hours of non-communication the company finally sent out an email to investors a few hours ago. [Continue reading…]

BitSports operates in the cryptocurrency MLM niche.

The company operates from the website domain (“bitsports.ai”), privately registered on March 16th, 2023.

BitSports is headed up by Colombian national Hugo Rodriguez Salgado.

Both Rodriguez’s and Sarmiento’s BitSports corporate bios cite “experience in network marketing”. I wasn’t able to find anything MLM related on either.

Hugo Rodriguez appears to be a crypto bro who hasn’t achieved much of anything over the past decade. He’s been shilling dodgy sounding investment schemes for years.

Not sure if this is a language-barrier on my end or if Rodriguez and Sarmiento are fall guys. Supporting the latter are BitSports’ marketing videos being narrated by a robovoice dub.

What I do know is Colombia has emerged as a hotbed of MLM related crypto fraud over the past year.

Although it’s not linked from BitSports’ website, an “official” FaceBook page provides a BitSports corporate address in Lithuania.

This page was created two days after BitSports’ domain was registered but I’m not 100% sure it’s “official”.

BitSports also might have ties to Dubai.

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

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

Super Smart Evolution’s website domain (“supersmartevolution.com”), was privately registered on March 15th, 2023.

Super Smart Evolution’s website defaults to Russian. The company’s sole marketing video is also narrated by an unidentified male with a Russian accent.

From this we can conclude whoever is running Super Smart Evolution has ties to Eastern Europe (typically Russia and/or Ukraine).

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…]

Intelligence Prime Capital has received a securities fraud warning from the Central Bank of Ireland.

No that’s not a typo. This is the same Intelligence Prime Capital that collapsed a year ago. [Continue reading…]

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

HypoerMood’s website domain (“hypermood.space”), was privately registered on February 15th, 2023.

If we look at HyperMood’s website source-code, we find references to Jivo and Yandex.

This strongly suggests whoever is running HyperMood is a Russian speaker.

This tracks with SimilarWeb, who peg Russia as the top source of traffic to HyperMood’s website (26%). Russia is followed by Mexico (8%), Ukraine (7%) and Germany (6%).

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…]

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

MLC’s website domain (“mlc.health”), was privately registered on September 29th, 2022.

If we open up MLC’s marketing presentation, we find the document is titled in Kazakh:

This suggests someone from and/or with ties to Kazakhstan is behind MLC.

Other possibilities where Kazakh is commonly spoken include China’s Xinjiang Uyghur Autonomous Region, Mongolia, Tajikistan, Turkmenistan, Uzbekistan, and Afghanistan.

MLC’s website also contains a vKontakte socail media link, suggesting ties to Russia (or at the very least Russian speakers).

That brings us to MLC’s social media profiles, on which it’s revealed “Ivan Saltanov” is CEO of the company.

Saltanov, who speaks Russian, has been appearing in MLC marketing videos dating back to August 2022.

If you’re wondering how MLC’s social media profiles pre-date its current domain registration, that’s because MLC originally launched as MLC Engineering.

MLC has scrubbed its FaceBook page prior to 2022. There is one August 2022 French language video left on MLC’s YouTube channel, which suggests “OLO” was some “Club 100” investment scheme:

Partnership program and member privileges of “Club 100” TODAY, August 11 at 6:00 p.m. Moscow time (UTC+3), you will be able to tune in to an online webinar, during which Ivan SALTANOV, Founder and CEO from the company OLO, will tell you about the advantages of participating in the “Club 100” of the MLC Engineering project.

The original model was some “franchisee” nonsense. After which Olo was rebooted as Olo DeFi, a crypto app scheme built around “OLOb token”.

On August 3rd, 2022, the Central Bank of Russia issued a pyramid scheme fraud warning for Olo, Partner Club 100, MLC Engineering and OLO DeFi Ecosystem.

This appears to have prompted the rebranding to MLC Engineering and now just MLC.

Ivan Saltanov doesn’t exist outside of OLO’s and MLC’s marketing material. He’s a prime Boris CEO candidate but has featured in enough marketing videos to suggest otherwise.

It’s worth noting the exact same Kazakh document title was also used by EcoLine, a recently launched MLM Ponzi scheme.

I can’t definitively confirm but it’s likely the same scammers are behind OLO and MLC.

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…]

EmpiresX’s Joshua Nicholas has asserted “NovaTech FX has recently been brought to justice”.

The claim, which BehindMLM has not been able to verify, was made in an April 11th court filing. [Continue reading…]