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

Dubai Mall USDT’s website domain (“dbmallusdt.vip”), was privately registered on September 18th, 2024.

Dubai Mall has already attracted the attention of financial regulators. The Central Bank of Russia issued a Dubai Mall pyramid fraud warning on September 27th, 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…]

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

Celestion’s website domain (“celestion.io”), was privately registered on April 3rd, 2024.

In an attempt to appear legitimate, Celestion provides company registration details for “Celestion Foundation PTY LTD”.

Celestion Foundation PTY LTD was registered in Australia on April 24th, 2024. The address used to register Celestion Foundation PTY LTD with ASIC belongs to a virtual office provider.

In other words, Celestion Foundation PTY LTD is a shell company with no actual ties to Australia.

ASIC are known for non-regulation of MLM fraud. Furthermore anyone can register a company with ASIC using whatever bogus details, there is no verification.

For this reason ASIC registration is favored by scammers residing outside of Australia.

With respect to MLM due-diligence, ASIC registration certificate as proof of legitimacy is therefore meaningless.

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…]

Hyundai N fails to provide ownership or executive information on its website.

Hyundai N’s website domain (“m.hyundainvip.top”), was registered with bogus details on September 16th, 2024.

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

Hyundai N has already attracted the attention of financial regulators. The Central Bank of Russia issued a Hyundai N pyramid fraud warning on September 27th, 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…]

Neumi has told distributors that selling its products “on Amazon, eBay and Walmart violates FTC compliance”.

The extraordinary claim was made in a company-wide email Neumi sent out on September 27th. [Continue reading…]

Almost a year after Trillant collapsed, owner Erich Ely has announced a “decentralized” exit-scam.

Ely, a German national who is believed to have fled to Dubai, came out of hiding to address Trillant victims on October 1st, 2024. [Continue reading…]

Aluzoo (aka Aluzo) fails to provide ownership or executive information on its websites.

Aluzoo has six known website domains:

1. aluzoo.net (already abandoned) – registered in October 2023, private registration last updated on September 20th, 2024
2. aluzovip.vip (already abandoned) – registered with bogus details on February 24th, 2024
3. aluzo.sv56.com (app) – first registered in May 2023, bogus details registration last updated on August 18th, 2024
4. aluzooglobal.com (app) – registered with bogus details on September 9th, 2024
5. aluzooglobal.vip (app) – registered with bogus details on September 2nd, 2024
6. aluzoo.ir (already abandoned) – unknown registration date

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…]

Innova prelaunched on the website domains “8innova.com” and “innovabackoffice.com”.

Today both website domains are disabled without explanation.

As far as I can tell, Innova now operates from the website domain “innacademy.net”. This domain was privately registered on September 18th, 2024.

On its new website, Innova fails to provide ownership or executive information.

Further research reveals an official Innova marketing presentation citing the following executives and insider promoters:

• Ivan Martinez – co-founder
• Juan Fernando Franco Elcure, aka Juan Franco – co-founder
• Juan Carlos Barrios – CVO
• Juan Valderrama – Product Development and Master Trader
• Jenn and Angel Carmona – Vice President for North America
• Asdrubal Sanabria and Carolina Cruz – Vice President for LATAM
• Javier Garcia Herreros – Master Distributor
• Camila Morena – Master Distributor

Ivan Martinez and Fernando Franco are former promoters of Be Club, a pyramid scheme that migrated to securities fraud last year.

Martinez and Franco promoted Be Club through “Sky Team”, targeting Central and South American consumers:

Uruguay issued a Be Club and Sky Team pyramid fraud warning in April 2023. Multiple Be Club fraud warnings have been issued in other countries (Canada, Colombia and Norway).

As per the cited Innova executive marketing slide above, the company claims its headquarters are in Dubai.

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

BeachBody is the latest MLM company to ditch its network marketing business model.

In a September 30th communication to investors, BeachBody stated it would be focusing on “current direct-to-consumer, Amazon, and partnership-driven sales channels”. [Continue reading…]

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

Conti operates from two known website domains:

• alconti.com – first registered in January 2020, private registration last updated on September 24th, 2023 (app funnel)
• conti.vip – registered with bogus details in July 2023, registration last updated on September 24th, 2024 (app)

In an attempt to appear legitimate, Conti provides a company certificate for Conti INTL-CULT LTD. Conti INTL-CULT LTD was registered in the UK on August 2nd, 2024.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

If we look at the source-code of Conti’s .COM website, we find Chinese:

This suggests whoever is running Conti 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…]

Auratus Gold has received a securities fraud warning from New Zealand.

In its September 27th warning, the Financial Markets Authority (FMA) advises; [Continue reading…]