NovaTech FX has been issued a temporary cease trade order by the Ontario Securities Commission. [Continue reading…]

Forsage founder Vladimir “Lado” Okhotnikov has been indicted for conspiracy to commit wire fraud. [Continue reading…]

Mindset 24 Global’s John Brian McLane Jr. has pled guilty to tax fraud.

Following an IRS investigation, the DOJ filed charges against McLane in June 2022. [Continue reading…]

Yesterday I was researching an MLM company debuting a strip-delivery supplement.

It reminded me a lot of Axis Klarity from Elomir, an MLM company launched under LaCore Enterprises last year.

Wondering if LaCore Enterprises might be behind this other company, I ran a few searches to see if anything come up.

I forget the exact string that brought me there, but soon enough I was reading about LaCore Enterprises ongoing lead contamination issues.

To date judgments against and settlements reached with LaCore Enterprises are approaching a cool half million. [Continue reading…]

About a week ago BehindMLM reported on Vasayo shutting down.

The company was sold to CEO Daniel Picou, who plans to relaunch the company under a different name.

Coinciding with this is Life Wise, another Vasayo spinoff pre-launched by former Vasayo Black Diamond Rob Alwin.

Not surprisingly, Alwin was also a Black Diamond in Monavie, Vasayo founder Dallin Larsen’s previous MLM company.

Alwin left Monavie in June 2012. Three months later he signed on as Jeunesse distributor.

I don’t know how long Alwin was with Jeunesse but Vasayo launched in December 2016.

In addition to MLM, Alwin runs Lake Life Properties.

Lake Life Properties is a home flipping / property developing / property management company.

We purchase run down homes and major projects and rebuild the home to like new condition!!

We sell some and rent some. We have been doing this since 1987.

In pre-launching Life Wise, Alwin is joined by former Vasayo Chief Scientific Advisor Tracy Gibbs.

On LinkedIn Gibbs cites himself as a “world renowned formulator in the nutraceutical industry.”

A 2021 marketing puff-piece, published by the Native American Fatherhood & Family Association of all places, additionally cites Gibbs as ” the formulator of over 900 dietary supplements and skin care products”.

Although Larsen has sold Vasayo, one would think Alwin, a Black Diamond, would want to stay on with the company.

Further questions arise when you consider it takes time to put together an MLM company, suggesting Life Wise has been in the works for some time.

Gibbs left Vasayo in June 2022, which gives a maximum seven-month time window.

Unfortunately I wasn’t able to definitively pin down why Alwin isn’t continuing on with whatever Daniel Picou relaunches Vasayo as.

I might be reading too much into it, but one Life Wise marketing video addressing transparency caught my eye.

In the video, Alwin states;

I have a very, very strong message that I want to share with you folks.

There is something called leadership, and it is either authentic and honest, or it is manipulative.

There are companies out there with absolutely no transparency, and unfortunately that’s a heartbreak.

But it’s why I’m not with those certain companies.

In another video, Alwin states;

We’re not building this compensation plan to make a bunch of money and sell the company.

We’re not building the business so that we can sit in an ivory tower.

Over the last three years as I searched and searched and searched my heart to motivate myself to go do it, my integrity wouldn’t let me go build because it was too many things I didn’t agree with.

So I thought I’ll just pray for them and surely they’ll make changes.

Nope, those doors closed and now they’re right back at the same old things.

Given Vasayo just came to an end and with it Alwin’s time at the company, I think the context is pretty obvious.

One thing I will say is, for all of Alwin’s talk of transparency, Life Wise currently doesn’t appear to exist beyond a YouTube account and closed FaceBook group.

If Life Wise does have a web presence, it has not been made public (so much for transparency).

Another name of interest is Life Wise’s Vice President, Gregg Adelman (right).

Adelman cites himself as a “founding partner” of Vasayo. As per Adelman’s LinkedIn profile, he joined Vasayo in January 2017.

Prior to Vasayo, Adelman was a promoter of the notorious OneCoin Ponzi scheme.

The Ponzi side of OneCoin collapsed in January 2017. As of November 2018, Adelman was still desperately trying to cash out of OneCoin:

At the time Adelman had accumulated 145,990.69 worthless ONE Ponzi points in his OneCoin backoffice.

Adelman hoped to offload his worthless ONE points onto a new victim for $1 a point:

Getting back to Life Wise, in a 15th February Facebook post by Alwin we learn the company is based out of Arkansas.

Life Wise’s headquarters presently appears to be a residential property.

Read on for a full review of Life Wise’s MLM opportunity. [Continue reading…]

Vortic United has received a pyramid scheme fraud warning from Russia.

As per the Central Bank of Russia’s February 20th notice, Vortic United exhibits “signs of a financial pyramid”. [Continue reading…]

Riway has been outed as a client of the Eliminalia reputation management agency.

Leaked documents reveal Riway’s Taiwanese subsidiary paid Eliminalia €370,000 EUR to bury Placenta Purtier health warnings. [Continue reading…]

Aron, Stephan and Christian Steinkeller have been outed as clients of the Eliminalia reputation management agency.

Eliminalia is notoriously known for their blackhat approach to “erasing” their client’s past. [Continue reading…]

There have been rumblings that OmegaPro’s collapse is tied to The Traders Domain, a non-MLM Ponzi scheme that also collapsed in late 2022.

The implication being that OmegaPro investor funds were commingled into The Traders Domain, which was running its own Ponzi.

I haven’t been able to verify anything, and I still can’t – at least not definitively.

But a recently filed regulatory lawsuit has now revealed one concrete link between OmegaPro and The Traders Domain. [Continue reading…]

GoArbit has received a securities fraud alert from Argentina’s Comision Nacional de Valores.

As per the CNV’s February 15th alert; [Continue reading…]