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

In fact as I write this, Movss’ public-facing website is nothing more than an affiliate log in form:

Movss’ website domain (“movss8.com”), was privately registered on February 26th, 2023.

If we look into the CSS files used to stylize Movss’ website, we find the site pulls assets from Chinese domains:

This strongly suggests whoever is running Movss is in or 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…]

OnmaxDT has been certified an illegal pyramid scheme by the Central Bank of Sri Lanka (CBSL). [Continue reading…]

WFP App provides no information about who owns or runs the company on its website.

In fact as I write this, WFP App’s website is nothing more than an affiliate login form:

WFP App’s website domain (“wf01-pfood.com”), was registered on March 9th, 2023.

Full registration details are private but Guangdong, China comes up as the registrant’s state and country.

Additional ties to China can be found in WFP App’s website source-code:

If we specifically look at WFP App’s sign-up page, we can see it was copy and pasted from another domain:

This suggests WFP App is a template copy/paste job. This isn’t surprising seeing the number of Ponzi mobile app scams coming out of China since late 2021.

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…]

MMM FSTP was an MMM Global Ponzi clone launched in 2016.

MMM FSTP, believed to be run by Chinese scammers, heavily targeted China before spreading to the US and other countries.

The original MMM FSTP operated from the domain “mmmftsp.com” and is long gone. Now in 2023, someone is trying to resurrect the scam from a new domain.

MMM FSTP’s 2023 reboot operates from “mmmfstp.org”, privately registered on January 22nd, 2023.

No information about who owns or runs MMM FSTP is provided on its website. An address in Indonesia is provided on MMM FSTP’s FaceBook profile, but for due-diligence that means little.

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…]

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

Dokodemo operates across four known website domains:

1. dkdm-system.app – privately registered on APril 13th, 2022
2. dkdm357.com – privately registered on April 15th, 2022
3. dokodemo.vip – privately registered on April 18th, 2022
4. dokodemo.global – privately registered on August 19th, 2022

Despite existing for less than a year, Dokodemo falsely represents it was founded in 2004.

Dokodemo’s official YouTube channel was created in April 2022. The channel features robo voiceover marketing videos, and Fiverr style testimonials featuring actors.

This is typical of non-native English speaking scammers.

Presently SimilarWeb tracks negligible traffic to Dokodemo’s .VIP domain.

Traffic to Dokodemo’s .GLOBAL domain originates from Algeria (40%), Colombia (22%), India (13%) and Tunisia (10%).

In an attempt to appear legitimate, Dokodemo provides shell company incorporation certificates for California (US), the UK, Singapore and Australia. An IRS EIN certificate for California and a FINCEN certificate are also provided.

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

Also meaningless are the street addresses Dokodemo provides on its website. These addresses, which correspond to the US, UK, Singapore and Australian shell incorporations, have nothing to do with Dokodemo.

If we look at the source-code for Dokodemo’s app download, we find the website’s native language is set to Chinese. We also find a reference to Chinese internet giant Baidu:

This strongly suggests whoever is running Dokodemo has ties to China. They are likely operating out of south-east Asia.

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…]

The iEarnBot Ponzi scheme has collapsed.

From what I’ve been able to piece together, iEarnBot disabled withdrawals on Christmas Day, December 25th, 2022.

iEarnBot’s exit-scam ruse was payment processor problems, as detailed in a December 25th “announcement”; [Continue reading…]

Karatbars International, Karatbit Exchange and V999 have received securities fraud warnings from Alberta, Canada. [Continue reading…]

CryptoProgram has received a securities fraud warning from British Columbia, Canada.

As per the British Columbia Securities Commission’s March 2nd warning; [Continue reading…]

GSPartner’s G999 Ponzi coin has received a securities fraud warning from Alberta, Canada. [Continue reading…]

Following confirmation NovaTech FX operates illegally across the country, the Canadian Securities Administrators has issued a nationwide securities fraud warning. [Continue reading…]