Trade Like Crazy fails to provide ownership or executive information on its website.

Trade Like Crazy’s website domain (“tradelikecrazy.ai”), was privately registered on September 21st, 2023.

One name we can attach to Trade Like Crazy is serial Ponzi promoter Ari Maccabi.

While Maccabi doesn’t appear to be running Trade Like Crazy, on a recent “early access” webinar he introduced “Paul”.

Paul is represented to be a Polish national and part of the group running Trade Like Crazy.

This suggests Trade Like Crazy is being run out of 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…]

QNet fraud across India is so rife that there are victim’s associations set up specifically to combat the pyramid scheme.

Following increased illegal QNet recruitment in Manipur, the statewide QNet Fraud Victim’s Welfare Association has called for “urgent action” [Continue reading…]

Lyoness has filed for bankruptcy in Europe.

As per an October 24th press-release issued by Richard Meixner, Managing Director of Lyoness Italy; [Continue reading…]

After selling its distributor and customer base info to TranzactCard, Kannaway is now walking back its “strategic partnership”.

A new warning advises distributors to keep their Kannaway and TranzactCard marketing separate. [Continue reading…]

Dream Farm fails to provide ownership or executive information on its website.

Dream Farm’s website domain (“dreamfarmworld.com”), was privately registered on February 2nd, 2023.

In an attempt to appear legitimate, Dream Farm provides investors with a Colorado shell company certificate.

Due to the ease with which scammers can register shell companies with bogus details, shell company registration in any jurisdiction is 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…]

Following on from top earner Justin Prince suing Modere, Modere has also filed a lawsuit against Prince.

Like Prince’s suit, Modere and parent company Z Capital have filed their Complaint in the Fourth District Court of Utah. Prince and his company JPBG LLC are listed as defendants. [Continue reading…]

What’s left of the collapsed Nugen Universe Ponzi scheme appears to be transitioning into Britto Capital.

What is Britto Capital? I don’t really know. [Continue reading…]

Former Modere top earner Justin Prince has sued Modere following his termination.

In a Complaint filed earlier this week in the Fourth District Court of Utah, Prince names Modere, Maple Mountain Enterprises, Maple Mountain Group (formerly Neways), James Zenni Jr., George Russell, Z Capital Partners, Z Capital Commercial Finance LLC and Z Capital Group LLC as defendants. [Continue reading…]

CashFlow NFT started off last year as a real-estate themed NFT ruse Ponzi scheme.

That didn’t go anywhere so now, through “Boogie Gopher” NFT investment positions, the company is illegally selling virtual shares.

Before we dive in, it’s important to note that CashFlow NFT doesn’t want its illegal activity made public: [Continue reading…]

Imtiaz Aslam (aka Immy Aslam), has copped a $6.9 million default judgment.

Aslam, a UK national, was second in Traffic Monsoon under incarcerated founder Charles Scoville. [Continue reading…]