Following an SEC lawsuit alleging $108 million in fraud, OnPassive appears to be diverting payments to Dubai.

OnPassive affiliates report US banks are flagging the transactions as fraudulent. [Continue reading…]

CryptoFX-Pro fails to provide ownership or executive information on its website.

CryptoFX-Pro’s website domain (“cryptofx-pro.com”), was first registered in 2021. The private registration was last updated on August 30th, 2023.

In an attempt to appear legitimate, CryptoFX-Pro provides a random shell company registration number on its website.

No further information is provided.

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…]

On September 7th the DOJ moved to stay proceedings in the CFTC’s civil iComTech case.

The request was granted on September 8th. [Continue reading…]

BehindMLM first reported on bizarre marketing claims out of the TranzactCard camp back in July.

We noted TranzactCard affiliates were running around claiming the MLM opportunity was “backed by Obama, Trump (and) LeBron James”.

What we couldn’t establish was the source of these bizarre claims.

Now, in footage uploaded to YouTube, TranzardCard owner Richard Smith has personally vouched for the claims. [Continue reading…]

Success by Health as a corporate entity has been ordered to pay $7.3 million dollars in penalties.

The September 18th judgment follows an earlier May 2023 judgment, which saw Jay Noland have to pay the same amount for violating the 2002 NetForce injunction. [Continue reading…]

9XProfits fails to verifiable provide ownership or executive information on its website.

Several executives are cited on 9XProfits’ website…

…none of whom exist outside of 9XProfits itself.

Ramming home that point is 9XProfits’ official YouTube channel having twenty videos, none of which feature any of its executives.

Instead 9XProfits’ marketing videos feature non-narrated stock footage combined with CGI.

9XProfits’ website domain (“9xprofits.com”), was privately registered on May 14th, 2023.

In an attempt to appear legitimate, 9XProfits provides shell company certificates for the UK, the US and New Zealand.

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.

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…]

Radar Media (aka KJBT), fails to provide ownership or executive information on its website.

Radar Media’s website domain (“radarak.com”), was first registered in 2017. The private registration was last updated on September 13th, 2023.

Through the Wayback Machine we can see Radar Media’s website domain was for sale until around mid 2023. This is when the current website went up, meaning it was also purchased around this time also.

Radar Media’s official FaceBook page was created on May 18th, 2023. The website domain was likely purchased earlier the same month.

Despite existing for a month or so, Radar Media falsely claims it was “established in 2020”.

Again, despite only existing for a month, Radar Media also falsely claims to have the “trust of more than 20 million users and the support of 500+ enterprises”.

If we take a look at Radar Media’s website source-code, we find it is localized in Chinese:

This strongly suggests whoever is running Radar Media 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…]

Following his conviction in November 2019, OneCoin money launderer Mark Scott filed for an acquittal or  new trial in February 2020.

With a decision on that motion pending, new information regarding Konstantin Ignatov perjuring himself saw Scott file a supplemental motion for a new trial in August 2021.

(Scott) argued that, had the jury known that Konstantin lied … it would not have credited Konstantin’s testimony nor, consequently, found Scott guilty of either offense.

On September 14th, 2023, Scott’s motion for a new trial was denied. [Continue reading…]

Last October FutureNet Ponzi co-founder Stephan Morgenstern was arrested in Greece.

South Korean authorities had obtained an international arrest warrant, pertaining to Morgenstern defrauding consumers through FutureNet.

Despite Morgenstern being charged with stealing over $30 million, Greek authorities thought it’d be a good idea to release him pending extradition.

Morgenstern promptly fled to neighboring Albania, where he was re-arrested last month. [Continue reading…]

Daniel Pacheco’s iPro Network fraud settlement with the SEC has topped $2 million dollars. [Continue reading…]