Despite denials by distributors, evidence suggests FinMore is literally a copy and paste reboot of TranzactCard. [Continue reading…]

Artmind Trade fails to provide ownership or executive information on its website.

Artmind Trade’s website domain (“artmind.trade”), was registered in November 2022. The private registration was last updated on May 14th, 2023.

Artmind Trade’s official FaceBook group was created in February 2023. The company’s official Telegram group however was only created in December 2023.

On December 19th, 2023, Artmind Trade announced a pre-launch of products:

This suggests that Artmind Trade has already collapsed and been rebooted at least once.

In an attempt to appear legitimate, Artmind Trade represents it is registered as a shell company in Canada. A corporate address in Ontario is also provided.

The address corresponds to a company offering rentable office space.

It is unlikely Artmind Trade is based out of or has anything to do with Canada.

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…]

Degen Protocol’s original SH33P token Ponzi scheme has collapsed. In its place Degen Protocol has rebooted with GOAT token.

Introducing the majestic GOAT Token, a true champion of the crypto wilderness, residing on the rugged terrain of Pulsechain.

If that all sounds incredibly stupid to you, it’s because it is. [Continue reading…]

Serial securities fraud recevidist Ed Zimbardi is under investigation in Georgia.

As reported by WSB-TV on February 1st; [Continue reading…]

Like every iteration before it, Richard Smith’s TranzactCard has collapsed.

Following disabling of DBO recruitment and member referral yesterday, a “FinMore” reboot was announced on a TranzactCard corporate call.

For the most part, FinMore appears to be a cosmetic rebranding with more fees. [Continue reading…]

TranzactCard has suspended recruitment of new Digital Branch Owners. I believe this also affects referral of new “retail” card members. [Continue reading…]

Thus far Mirror Trading International liquidation proceedings are seemingly unable to be anything but confusing across all aspects.

How MTI net-winner clawbacks are being handled is of course no exception. [Continue reading…]

Back in late 2022 ACN abruptly suspended new distributor recruitment across Europe.

No explanation was given, and to this day we still don’t know why it happened.

Now, following several key developments, it appears ACN is in a state of collapse outside the US. [Continue reading…]

Xaindex has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

As per ASIC’s January 2nd warning, Xaindex [Continue reading…]

Altera Global has been labelled a “suspected scam” by New Zealand’s FInancial Markets Authority.

As per the FMA’s January 26th alert; [Continue reading…]