BehindMLM first reviewed Immunotec in 2013.

As per reader request we queued Immunotec for a review update back in February.

Today we’re revisiting Immunotec for an updated review to see what’s changed. [Continue reading…]

The Xtream Lifestyle pyramid scheme has been sold off to iGenius.

As reported by BusinessForHome on April 16th; [Continue reading…]

EOS Quantify fails to provide ownership or executive information on its website.

EOS Quantify’s website domain (“eosissued8.com”), was

EOS Quantify has already attracted the attention of financial regulators. The Central Bank of Russia issued an EOS Quantify 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…]

Mareway Global fails to provide verifiable ownership or executive information on its website.

Supposedly Mareway Global was “founded in 2019 in United Kingdom by Alan Williams, Peder Berge and 12 employees”.

Mareway Global’s website domain (“mareway-global.com”), was registered in September 2024.

Mareway Global didn’t exist until late 2024 and there is no evidence “Alan Williams” or “Peder Berge” exist.

In an attempt to appear legitimate, Mareway Global provides a UK certificate for “Mare Clausum LTD” on its website. This appears to be an unrelated company that has nothing to do with Mareway Global.

In what appears to be a nod to everything on Mareway Global’s website being made up, a “promo video” link buried in the source-code links to Rick Astley’s “Never Gonna Give You Up”:

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…]

Zinzino has acquired what’s left of Valentus Global for SEK $20 million (~$2 million USD).

Zinzino, a nutritional supplement MLM company, announced the acquisition on April 11th. [Continue reading…]

Eaconomy has secured a preliminary injunction against Ali Saleh.

Saleh sued Eaconomy in 2023. Saleh claims Eaconomy owes him $150,000.

Eaconomy and owner Hassan Mahmoud filed a counterclaim against Saleh alleging defamation. As part of their counterclaim, Eaconomy and Mahmoud filed for a temporary restraining order and preliminary injunction in April 2024. [Continue reading…]

Pending court approval, James Ward has settled Apex Financial securities fraud charges brought against him by the SEC.

Apex Financial was an MLM crypto Ponzi launched in 2021. The scheme was built around APT, a token Ward created.

In its September 2024 Complaint, the SEC alleged Ward defrauded “at least 70 investors” out of “at least $852,000”.

A joint motion seeking approval of a consent judgment was filed by the SEC on March 19th. [Continue reading…]

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

Iqonic’s website domain (“iqonic.life”), was privately registered on March 1st, 2025.

A BehindMLM reader noted Eaconomy had disabled its website earlier this month.

As at time of publication, April 14th, 2025, that remains the case:

This prompted me to take a closer look, revealing Eaconomy promoters touting an Iqonic reboot circa April 1st;

Eaconomy social media accounts were was abandoned January 2025. Eaconomy owner Hasan Mahmoud’s last FaceBook post is dated November 28th, 2024.

In the post Mahmoud shills some crypto coin:

As far as I can tell, there doesn’t appear to be an official Iqonic reboot announcement.

Nonetheless, Iqonic marketing confirms Mahmoud is still running the company:

• Hassan Mahmaoud [sic] – founder and CEO Iqonic
• Edwin Hayes – President Iqonic
• Jarrod Wilkins – VP of Business Development

Mahmoud made a name for himself promoting Enagic water filters. His first appearance on BehindMLM was in 2019, as co-owner of SilverStar Live.

SilverStarLive was an unregistered MLM trading scheme. A CFTC investigation into SilverStarLive found the company and Mahmoud

acted as commodity trading advisors (“CTAs”) without being registered with the Commission as such, by exercising discretionary trading authority over the forex trading accounts of U.S. customers who were not eligible contract participants (“ECPs”).

Mahmoud settled the CFTC’s fraud allegations in 2019 for $75,000.

After SilverStarLive came Eaconomy, another trading themed MLM company. Eaconomy went on to collapse multiple times. A third and final reboot was launched in 2021.

Since launch, Eaconomy has received regulatory fraud warnings from Canada, Norway, New Zealand, Slovakia, the UK and Czechia.

In the lead up to Iqonic’s launch, Mahmoud sued My Daily Choice and owner Josh Zwagil back in January.

Zwagil retaliated by teaming up with Candace Ross, Mahmoud’s ex-wife and Eaconomy co-founder, to accuse Mahmoud of fraud.

Both lawsuits were dismissed on February 24th, suggesting a settlement was reached. No details have been made public.

Edwin Haynes popped up on BehindMLM’s radar in 2022, as founder and CEO of Axxces.

Axxcess was an MLM trading scheme built around crypto buzzwords and automated “social trading”.

Today Axxces’s website domain is parked. The company’s social media accounts were abandoned in February 2024.

Jarrod Wilkins is an Eaconomy executive carryover:

Considering Eaconomy ownership was a contention point in both January 2025 Eaconomy lawsuits, it remains unclear whether Candace Ross and Josh Zwagil have an ownership stake in Iqonic.

I was able to tie Zwagil (right) directly to Iqonic through the company’s apps. Iqonic uploaded its app to Google Play and Apple Store earlier this month.

Iqonic’s app developer is MLM Protec LLC, a Delaware shell company owned by Zwagil.

Zwagil isn’t disclosed as the owner of MLM Protec LLC on its website. Instead, somewhat deceptively, Zwagil features as a customer testimonial:

Whether Zwagil has an ownership stake in Iqonic or just owns the company developing its app is unclear. It’s extremely likely whatever the case, the details are part of the settlement reached in the January 2025 lawsuits.

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

On April 10th, 2024, BehindMLM turned fifteen. MLM news kept me from publishing this earlier but today we’re taking a look back on the past twelve months.

Welcome to BehindMLM’s State of the Scam 2025. [Continue reading…]

Lufthansa MVP fails to provide ownership or executive information on its website.

Lufthansa MVP’s website domain (“lufthansamvp.com”), was registered with bogus details on April 7th, 2025.

Of note is Lufthansa MVP’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…]