GSPartners and Swiss Valorem Bank have received a securities fraud warning from Ontario, Canada.

As per the Ontario Securities Commission’s July 25th, warning; [Continue reading…]

LaShonda and Marlon Moore have settled fraud charges brought against them for $9.7 million dollars.

The Moores are also permanently prohibited running, participating in or having anything to do with MLM. [Continue reading…]

WETER has received a pyramid fraud warning from the Central Bank of Russia (CBR).

As per the CBR’s July 24th warning, WETER exhibits “signs of a financial pyramid” scheme. [Continue reading…]

After “launching his own project” and “lying to people for 6 weeks”, as his investors put it, Terrence Pounds now claims he doesn’t own Keep It 100.

Pounds’ announcement comes less than 48 hours after BehindMLM reported on Pounds pleading guilty to thirteen counts of COVID-19 loan fraud. [Continue reading…]

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

While Metogence does provide a list of executives, they are fictional identities represented by stolen photos:

Metogence’s website domain (“metogence.com”), was privately registered on April 20th, 2023.

In an attempt to appear legitimate, Metogence provides shell company registration details for the UK, US, Uganda an d Nigeria.

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.

Although not definitive, it’s worth noting that Metogence’s official marketing material is put together by someone going by “Umesh”.

A quick Google search reveals the name “Umesh” is typically associated with India.

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…]

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

While Xaindex does provide a list of executives with photos.

I don’t have any specific names but Xaindex COO “Sergio Askovich”, who purportedly “has over 8 years of experience building models for business owners to interact with their audiences”…

…is a model/actor with a distinct hairline:

I couldn’t find the obligatory Boris CEO marketing video bux Xaindex does appear to be using its actors as part of its marketing:

Presumably this means Xaindex’s model/actor executives have been contracted to make appearances.

Boris CEO schemes are typically the calling card of Russians. Xaindex’s Russian connection, at least publicly, is through Master Distributor Dill MadDeuce.

“MadDeuce” appears to be a throwback to Dill’s failed music career.

On FaceBook Dill goes by his actual name, Dil Narzi.

Not sure how Narzi wound up Master Distributor for a Boris CEO Ponzi scheme, but whoever is running Xaindex is also likely in and/or has ties to Russia.

In an attempt to appear legitimate, Xaindex touts its ASIC registered Australian shell company.

ASIC are known for non-regulation of MLM fraud. Furthermore anyone can register a company with ASIC using whatever bogus details, there is no verification.

For this reason ASIC registration is favored by scammers residing outside of Australia.

With respect to MLM due-diligence, ASIC registration certificate as proof of legitimacy is therefore 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…]

A few days ago BehindMLM published a review on BigWhale.

We found the a typical MLM crypto Ponzi scheme, with a potential link to a publicly traded Canadian firm being an interesting twist.

Being outed for committing securities fraud and running a Ponzi scheme has evidently terrified whoever is running BigWhale, such they sent in a “legal notice” earlier today.

It’s been a while since I’ve publicly dressed down crypto scammers pretending they’re above the law. Let’s get into it. [Continue reading…]

BehindMLM published a review of Terrence Pounds’ Keep It 100 Ponzi scheme earlier this month.

What I didn’t know at the time is Pounds had previously been indicted on fourteen counts of COVID-19 loan fraud. [Continue reading…]

Sam Lee has announced he’s “rebuilding” his Hyperverse Ponzi scheme.

The announcement was made a few days ago, on a webinar hosted by Tami Jackson. [Continue reading…]

Collect Direct’s website is currently locked behind a password:

Seeing as Collect Direct is signing up distributors…

…I’m not sure why this is the case.

Collect Direct’s official FaceBook page suggests the company is in prelaunch:

Note this profile isn’t linked from Collect Direct’s website. Either way, if Collect Direct is in prelaunch then this isn’t at all communicated from their website.

Through a bit of research we come across Don and Nancy Carson, Collect Direct’s Master Distributors:

As per the March 22nd YouTube video above, the Carsons name Dave Jordan as Collect Direct’s owner and CEO.

Dave Jordan (right) is best known in the MLM industry as the founder and CEO of Valentus. The Carsons are former Valentus top earners.

Valentus launched in 2014 sold a range of “functional beverages”. On the MLM side of things Valentus ran an autoship recruitment focused compensation plan.

Over the course of business, Valentus was constantly dogged by controversy;

• in 2017 Valentus was at the center of a counterclaim alleging raiding, extortion and RICO violations;
• in 2017 Valentus’ then coffee supplier filed suit alleging they were owed $3.18 million;
• in 2017 the UK cracked down on the sale of Valentus products nationally;
• in 2019 Valentus’ coffee tested positive for amphetamines;
• in 2019 New Zealand authorities warned the public not to consume Valentus coffee;
• in 2019 the FDA issued Alternative Laboratories, a supplier of Valentus’ supplements, a warning notice; and
• in 2019 Singapore issued a health warning for Valentus’ coffee after it detected phenethylamine (PEA)
• in 2020 the FDA informed Dave Jordan that it classified certain Valentus’ products as “drugs under section 201(g)(1)(B) of the Federal Food, Drug, and Cosmetic Act”

In March 2023 Dave Jordan announced he had sold Valentus off to Paul Pearson.

Under Pearson’s ownership, Valentus continues to operate as Valentus Global.

Collect Direct’s website domain registration was last updated on February 24th, 2023 – before Validus’ sale was made public.

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