Forge Holdings fails to provide ownership or executive information on its website.

Forge Holdings’ website domain (“forgeholdings.org”), was registered with what appears to be bogus details on July 1st, 2023 (fake name, unrelated address).

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…]

101 MoneyMaker fails to provide ownership or executive information on its website.

101 MoneyMaker’s website domain (“101moneymaker.com”), was privately registered on May 10th, 2023.

Despite only existing for a few months, on its website 101 MoneyMaker falsely claims it has “over 10+ years of experience in blockchain technology and also 7+ years experience of trading in different markets.”

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 GPBots Ponzi scheme has collapsed.

Withdrawals were disabled at least four days ago and GPBots’ CEO is uncontactable. [Continue reading…]

Shining Star Earning fails to provide ownership or executive information on its website.

Shining Star Earning’s website domain (“shiningstarearning.com”), was privately registered on August 23rd, 2023.

Shining Star Earning’s use of Pakistani Rupees suggests someone with ties to Pakistan is running the company.

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 the second collapse of the CryptoFamily Ponzi scheme, Nebojsa Katic is rebooting the scam with a new NFT grift. [Continue reading…]

The collapse of the eBayShop “click a button” app Ponzi has hit Fiji hard, prompting an official government response.

eBayShop was a typical “ecommerce” ruse click a button app Ponzi. Gullible investors were led to believe “clicking a button” in an app corresponded with eBay orders. [Continue reading…]

The Washington State Department of Financial Institutions has issued a fraud warning pertaining to COS.

Describing COS as a “fraudulent cryptocurrency trading platform”, DFI took action following a consumer complaint.

COS is a simple “click a button” app Ponzi run by Chinese scammers. As part of the ruse, COS pretends to be based out of Washington. [Continue reading…]

B45 Pool fails to provide ownership or executive information on its website.

B45 Pool’s website domain (“b45pool.com”), was privately registered on August 24th, 2023.

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…]

Brazil’s Federal Police (PF) launched Operation Yang on September 13th.

The enforcement action follows a criminal investigation, which began last year in August.

Details in a a press-release issued by the Federal Police suggest they are targeting Mining Capital Coin. [Continue reading…]

Stronghold Digital fails to provide ownership or executive information on its website.

Stronghold Digital’s website domain (“strongholddigital.net”), was privately registered on June 17th, 2023.

If we look at the source-code of Stronghold Digital’s website, we find that localization is set to Chinese:

This strongly suggests whoever is running Stronghold Digital has ties to China.

Note that while it is being run by people with ties to China, Stronghold Digital is targeting Europe.

SimilarWeb currently tracks top sources of traffic to Stronghold Digital’s website as Russia (44%), Romania (31%) and Bulgaria (12%).

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…]