GSPartner’s GSTrade platform has received a securities fraud warning from Alberta, Canada. [Continue reading…]

Following a guilty plea entered back in November 2021, Antonije Stojilkovic has been sentenced to 36 months in prison. [Continue reading…]

OmegaPro executive Juan Carlos Reynoso has been arrested in Mexico.

Mexican authorities detained Reynoso, a Peruvian national, as part of a wider investigation into cartel-linked Black Wall Street Capital. [Continue reading…]

Movii Technology, not to be confused with Colombian payment app “Movii”, is an MLM company that falsely represents it has been around since 2018.

Founded in year 2018, Movii Technology was established in right in the center of Los Angeles, California.

Movii Technology operates from two known website domains:

• movii2u.com – privately registered on August 24th, 2022.
• movii2u.net – privately registered on September 27th, 2022 (note Movii runs off the subdomain “movii.movii2u.net”)

From these registrations we can confirm Movii Technology didn’t exist prior to August 2022.

Movii Technology cites “Joseph McKenzie” as co-founder and Chief Director of the company.

In a marketing video uploaded to Movii Technology’s official YouTube channel last October, McKenzie verbally only cites himself as a Movii spokesperson.

This suggests Movii Technology may have taken some liberties.

Naturally “Joseph McKenzie” doesn’t exist. I wasn’t able to pin down a name but can confirm he’s an actor from the UK:

As to who is actually running Movii Technology, we can piece together some history from the company’s official FaceBook page:

Movii Technology began as MoviiTech Asia in December 2021. By April 2022 MoviiTech Asia had attracted the attention of authorities, leading to an arrest in Singapore.

In an island-wide anti-scam enforcement operation conducted on 1 and 5 April 2022, the Commercial Affairs Department arrested a 29-year-old man for his suspected involvement in Ponzi-like job scams that involved the earning of commission by viewing movie trailers.

On 30 March 2022, the Police received information on an emerging job scam platform (‘Moviitech’).

During the operation, officers from the Commercial Affairs Department mounted simultaneous island-wide operations and arrested the man, and identified another three men, aged between 18 and 41, who are currently assisting with investigations for their suspected involvement in the scams.

Preliminary investigations revealed that the bogus company was believed to be running Ponzi-like schemes using Multi-level Marketing strategies.

The four men are believed to have facilitated the schemes by advertising and recruiting potential job seekers as members, and providing bank accounts to facilitate the movement of illicit funds.

Police investigations are ongoing.

I wasn’t able to find a follow up on the MoviiTech arrest. I believe the arrested suspect and cooperating suspects were MoviiTech promoters, as opposed to operators of the scam.

In any event, MoviiTech has been rebooted as Movii Technology. And whoever is running Movii Technology is doing so from Malaysia and the UAE.

The UAE is guaranteed to be Dubai, the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Movii Technology, read on for a full review. [Continue reading…]

A third robocall fraud lawsuit has been filed against Family First Life.

Plaintiff Don Campbell originally filed suit against Family First Life in September 2022.

Family First Life moved to “remove” the lawsuit from Travis County, Texas, where the suit was originally filed, to the Western District of Texas (basically transferring the case from state-level to federal).

Travis County court approved the motion, and a federal docket was created on February 17th. [Continue reading…]

A second lawsuit pertaining to robocall fraud has been filed against Family First Life in Michigan.

Plaintiff Mark Dobronski initially filed suit against Family First Life and several defendants on August 31st, 2022.

Dobronski originally secured an Entry of Default on Family First Life in November 2022.

This was overturned on February 8th, 2023. The court found that Family First Life was improperly served notice of the lawsuit.

On February 22nd, Dobronski filed an Amended Complaint. [Continue reading…]

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

In fact as I write this, Residual’s website is nothing more than an affiliate signup/login form.

Residual’s website domain (“residual.energy”), was privately registered on February 26th, 2023.

Official Residual marketing material features Russian:

This strongly suggests whoever is behind Residual has ties to Russia and/or eastern Europe.

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 SEC has secured judgment against Nasgo Ponzi defendant James Hardy.

The SEC filed for judgment against Hardy on February 28th.

The court granted the motion and ordered judgment on March 7th. [Continue reading…]

Agri Marine Ventures fails to provide ownership or executive information on its website.

Agri Marine Ventures’ website domain (“agrimarineventures.com”), was privately registered on January 8th, 2023.

In an attempt to appear legitimate, Agri Marine Ventures provides an incorporation certificate for “Agrimarine Harvesting Services National” on its website.

Agrimarine Harvesting Services National was purportedly incorporated in the Philippines on January 5th, 2023.

Whether the company has anything to do with Agri Marine Ventures is unclear.

Regardless, scammers are easily able to incorporate shell companies with bogus details. For the purpose of MLM due-diligence, basic incorporation in any jurisdiction is meaningless.

Still, it appears Agri Marine Ventures might indeed have ties to the Philippines. On February 28th, the Philippine SEC issued an Agri Marine Ventures securties fraud warning.

The aforementioned scheme of AGRI MARINE VENTURES vis-à-vis ART BERROYA seems to be fraudulent as it is involved in the solicitation, offering, and/or selling of unregistrable securities from the public.

The activity of AGRI MARINE VENTURES vis-à-vis ART BERROYA does not have the requisite secondary license and the said schemes can never secure the necessary license or permit for such offering and/or selling of securities to the public and that the same is in violation of Sections 8, 12 and 26 of the Securities Regulation Code (SRC).

The Philippine SEC names Art Capunitan Berroya as Agri Marine Ventures’ President and CEO. This same name appears on the Agrimarine Harvesting Services National incorporation certificate.

Art Berroya does correspond to a FaceBook profile of the same name…

…but there’s nothing on the profile except two recently uploaded photos. This suggests the profile was either wiped or purposefully created to market Agri Marine Ventures.

Berroya is purported to feature in a marketing video, uploaded to Agri Marine Ventures’ official YouTube channel on January 18th, 2023:

The video features Berroya pretending to be a farmer and appears to have been shot in the Philippines.

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…]

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

MetaVarious’ website domain (“metavarious.live”), was privately registered on December 21st, 2022.

As of February 2023, SimilarWeb tracks top sources of traffic to MetaVarious’ website as Russia (54%), Ukraine (19%), India (16%) and Algeria (11%).

Whoever is running MetaVarious is likely from one of these countries.

Certainly, language on MetaVarious’ website suggests the owner is a non-native English speaker;

Meta Various is giving you to build your global business and open global account opening opportunity.

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…]