TranzactCard is hiding purported US banking details from consumers – both affiliates and potential affiliates.

Typically an MLM company’s banking channels aren’t of interest, with TranzactCard though this is crucial info as it factors heavily into their marketing. [Continue reading…]

The Texas State Securities Board has confirmed it is investigating GSPartners for “engaging in an international securities fraud scheme”.

The disclosure was made in a November 9th emergency cease and desist order, pertaining to the collapsed BitSports Ponzi scheme. [Continue reading…]

BitSports has been issued an emergency cease and desist order from the Texas State Securities Board (TSSB).

TSSB issued the November 9th order after confirming BitSports is committing securities fraud. [Continue reading…]

Following a webinar last month that detailed securities fraud through NFTs, CashFlow NFT co-founder Micah Theard wanted to “get more detail on certain things and less detail on others”.

Micah held another webinar on November 8th, this time covering MetaTerra. [Continue reading…]

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

HertzCar’s website domain (“hertzcar.live”), was privately registered on June 6th, 2023.

If we look at HertzCar’s website source-code we find Chinese:

This strongly suggests whoever is running HertzCar has ties to China.

It should be noted that while it is being run by Chinese scammers, website traffic analysis from SimilarWeb reveals HertzCar is primarily being promoted in Kenya (36%), the US (28%), Finland (20%) and Canada (17%).

I also came across HertzCar marketing for Pakistan during my research.

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…]

Last month Lyoness announced it was filing for bankruptcy in Europe.

Now it’s been revealed the MLM Ponzi scheme is drowning in ~$110 million in debt. [Continue reading…]

As part of TranzactCard’s launch events, co-founder Richard Smith has reportedly resigned as CEO.

One would think a co-founder stepping down warrant an official announcement, but as far as I can tell TranzactCard hasn’t made one. [Continue reading…]

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

ClickFlow’s website domain (“clickflow.life”), was privately registered on September 18th, 2023.

Update 31st January 2024 – ClickFlow is also operating from the domain “clickflow.vip”, privately registered on November 2nd, 2023. /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…]

Whizz Network operates in the gambling MLM niche. The company provides a corporate address in the UK on its website.

Given Whizz Network’s marketing encompasses “blockchain-based games”, NFTs, a “blockchain lottery and “metaverse”, it should be noted that the FCA banned MLM crypto investment schemes on October 8th, 2023.

Such to the extent Whizz Network has any actual ties to the UK, it would appear to be operating illegally.

Whizz Network’s marketing materials cite Mark Davis as CEO of the company.

BehindMLM recently came across Davis as CEO of AladdinBot, an AI trading bot ruse Ponzi scheme.

Not really sure what the story is there.

Davis, believed to be an Australian national, claims he’s currently in Bali, Indonesia.

BehindMLM first came across Davis in AI Trade Ponzi marketing videos, circa 2018.

Davis worked in AI Trade with RV Palafox. The pair would go on to launch PGI Global in 2020.

PGI Global was an MLM an MLM crypto Ponzi scheme pitching 200% returns. It’s collapse in 2021 is believed to have resulted in millions of dollars in consumer losses.

In October 2021 BehindMLM confirmed a US criminal investigation into PGI Global. Since then however there have been no further updates.

RV Palafox, believed to hold dual US and Philippine citizenship, has not been seen in public since PGI Global’s collapse. Mark Davis appears to have fled Australia for Indonesia.

Whether RV Palafox is involved in Whizz Network is unclear.

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

ITP Corp’s iPhone Ponzi app has been removed from Apple’s Store.

The removal follows Google also removing ITP Pro’s Ponzi app in September.

As they did back then, ITP Corp is trying to cover up the removal under the guise of maintenance. [Continue reading…]