A licensed nurse practitioner, who also moonlights as a doTerra distributor, has been fined $15,000 for making deceptive COVID-19 marketing claims. [Continue reading…]

On January 23rd BehindMLM published its Crypto Arbitrage Team review.

On January 25th Crypto Arbitrage Team initiated a KYC exit-scam. [Continue reading…]

UEZ Markets fails to provide ownership or executive information on its website.

UEZ Markets’ website domain (“uezmarkets.com”), was registered back in December 2020. The private registration was last updated on November 25th, 2022.

Through the Wayback machine we learn “uezmarkets.com” was up for sale since 2021.

The domain was eventually purchased by UEZ Markets’ owner(s) in late 2022. It should be noted that UEZ Markets’ domain appears to have been sold along with various social media profiles.

These domain package sales are not uncommon. UEZ Market’s purchased social media profiles creates the illusion that the company, as presented today, is older than it is.

Despite only existing for barely over a month, UEZ Markets falsely claims it has a “5+ year history”.

Further blowing a hole in how long UEZ Markets has been around is the domain “uezmarkets.sc”:

As you can see this is a clone of UEZ Markets’ primary website.

“Uezmarkets.sc” was privately registered on December 19th, 2022. Despite this, the website states;

UEZ Markets Limited was founded and incorporated in the Republic of Seychelles in 2015.

Whether UEZ Markets Seychelles has been set up as a backup for the primary website, or whether it was an intended alternative branding, is unclear.

UEZ Markets marketing material cites “Conor Burns” as founder and CEO of the company.

Marcus Jenssen and Mason Kong are cited as UEZ Markets’ CTO and VP of APAC respectively.

None of these people exist outside of UEZ Markets’ marketing material. This includes social media profiles set up as bogus digital footprints.

A January 13th marketing video on UEZ Markets’ YouTube channel depicts a Boris CEO event held in Kuala Lumpur Malaysia.

UEZ Markets also has an official Bilibili account:

Bilibili is a Chinese YouTube clone.

Putting all of this together, UEZ Markets appears to be run by scammers operating out of south-east Asia.

Based on the Mason Kong actor’s accent and Malaysian event, I’d guess UEZ Markets is being run from Singapore, Malaysia or both countries.

In an attempt at legitimate, UEZ Markets provides shell company details in the Cayman Islands, Switzerland and Australia.

For the purpose of MLM due-diligence, shell company incorporation 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…]

Money Power Wealth fails to provide ownership or executive information on its website.

Money Power Wealth’s website domain (“moneypowerwealth.com”), was privately registered on September 29th, 2022.

A BehindMLM reader tipped me off about Money Power Wealth being a 25X Club reboot last week.

Sure enough if you visit 25X Club’s website domain, it now redirects to Money Power Wealth.

25X Club was launched last April by Troy Mason. 25X Club was a reboot of Our Gas Club, itself only launched a month earlier in March 2022.

Before Our Gas Club Troy Mason was running Ztegrity.

Ztegrity was initially a forex themed scam. Mason rebooted Ztegrity as a gas card pyramid scheme after the CFTC sued for commodities fraud in mid 2021.

In October 2022, Mason settled the CFTC’s Ztegrity lawsuit for $943,570.

Mason’s last 25X Club marketing video was posted on his YouTube channel on October 27th.

Sometime after that 25X Club was rebooted as Money Power Wealth.

Read on for a full review of Money Power Wealth’s MLM opportunity. [Continue reading…]

Back in 2020 Daisy AI surfaced as a Ponzi scheme pushed out by EndoTech.

EndoTech pitched itself as a Israeli crypto trading bot firm headed up by Anna Becker and Dmitry Gushchin.

BehindMLM reviewed Daisy AI on December 3rd, 2020. We found a typical MLM crypto Ponzi dressed up as “equity crowdfunding”.

Since publishing our review, EndoTech has positioned itself as a firm that enables other companies to commit securities fraud.

Daisy AI is one of those companies, with Jeremy Roma emerging as the face of the operation.

In hindsight Roma was likely always behind Daisy AI, but this was masked when Daisy AI launched.

Having scammed a bunch of people and stashed a bit of ill-gotten gains away, Roma has gotten more comfortable associating himself with Daisy AI.

Roma is a US national who relocated to Dubai as part of his transition to crypto fraud. In line with his confidence in getting away with fraud growing, Roma now spends his time between Dubai and the US.

Roma’s MLM origins date back to selling coffee at Organo Gold. In 2019, a year before Daisy AI launched, BehindMLM came across Roma in Apex.

Apex was a $13,750 five-year investment crypto mining Ponzi. Apex in its original incarnation lasted a few months.

Roma tried to keep the Ponzi going with former OneCoin scammers but that didn’t last long.

Roma transitioned into crypto fraud in or around 2018 through Holton Buggs, a disgraced Organo Gold founder turned crypto Ponzi scammer in his own right.

Since its 2020 launch Daisy AI has collapsed numerous times. BehindMLM hasn’t really been tracking Daisy AI’s collapses, but we did document the “daisy token” exit-scam in 2021.

The latest incarnation is Daisy Forex, launched in or around April 2022.

This current Daisy Forex iteration is what we’re reviewing today. [Continue reading…]

Titan Capital Markets fails to provide ownership or executive information on its website.

Titan Capital Market’s website domain (“titancapitalmarkets.com”), was privately registered on March 31st, 2022.

An official marketing presentation names “Howard Yan” as CEO of Titan Capital Markets.

Yan doesn’t exist outside of Titan Capital Markets’ marketing. That said, some effort has gone into creating a bogus digital profile.

The domain “yanfxeducation.com” was registered on June 8th, 2022.

The website presents a photo of Yan with fictional backstory and forex trading filler fluff.

In one Titan Capital Markets promo video we’re introduced to “Klaus Huber”.

Huber is an actor who, back in 2016, portrayed a pedophile in an awareness campaign for a Malaysian charity.

The campaign was put together by Naga DDB Tribal, a Malaysian marketing company.

I want to clarify that work is work and I’m not insinuating anything from the actor’s role. The takeaway is that “Klaus Huber” is being played by a Malaysian actor and doesn’t actually exist.

Neither does Howard Yan but, other than him possibly being from Taiwan, was unable to find anything further.

Some of Titan Capital Markets’ videos are strange, like this Fulham Football club sponsorship promo.

Early Titan Capital Markets videos suggest initial promotion in south-east Asia. Since then recruitment anywhere outside of India appears to have collapsed.

Today SimilarWeb tracks 100% of Titan Capital Markets’ website traffic as originating from India.

In an attempt to appear legitimate, Titan Capital Markets presents itself as an Australian shell company:

From the above research, we conclude that whoever is running Titan Capital Markets is likely based out south-east Asia.

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…]

Jean Paul Ramirez Rico has settled a $12 million fraud case filed against him by the SEC.

On January 24th, 2023, the SEC filed a Motion for Entry of Judgment against Ramirez. Ramirez consented to the motion, constituting an effective settlement.

The court granted the SEC’s motion later the same day, leaving Angel Rodriguez the only defendant standing. [Continue reading…]

BitcoinTAF stands for “Bitcoin Trend and Forecast”. The company claims to have been around since 2016.

Since 2016 Bitcoin Trend and Forecast has been one of the most trusted sources for thousands of traders who look to us to provide training, technical data, and fundamental research at every skill level.

Heading up BitcoinTAF is founder Marius Landman (right).

BehindMLM first came across Landman in January 2020 through Python Signals.

Python Signals was a cryptocurrency signals pyramid scheme. By the middle of 2020 Python Signals had collapsed.

Landman rebooted Python Signals as Tonoit. Tonoit lasted until late 2021, wherein the scheme started going by Moonacade.

Today both Tonoit and Moonacade’s websites are still up – both however are non-functional (links have been disabled).

The last video uploaded to Moonacade’s official YouTube channel was on January 29th, 2022. The same video was uploaded to Tonoit’s YouTube channel on January 31st.

This appears to be around the time both Tonoit and Moonacade officially collapsed.

Today Landman only promotes BitcoinTAF. I’d assume what was left of Tonoit and Moonacade were rolled into BitcoinTAF.

As of August 2020, Landman represented he was based out of New Zealand. Today Landman’s LinkedIn profile places him in Queensland, Australia.

BitcoinTAF provides a PO Box corporate address for Bitcoin Trend and Forecase Pty Ltd. in Brisbane, Queensland on its website.

BitcoinTAF’s official FaceBook page is managed from South Africa, Australia, Mexico and the US.

Read on for a full review of the BitcoinTAF MLM opportunity. [Continue reading…]

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

CashWorth’s website domain (“cashworth.co”), was privately registered on July 25th, 2022.

CashWorth’s official FaceBook page was created on October 1st, 2022. This appears to be around the time CashWorth launched.

One name we can attach to CashWorth is Master Distributor “Coach” Raja Riaz.

Riaz was a promoter of the B4U Global, SR Group and Secure Reannex Ponzi schemes.

B4U Global was a Ponzi scheme pitching monthly returns of up to 20%.

Launched in 2020, B4U Global appears to have collapsed around mid 2021.

Heading up B4U Global was CEO Saifur Rehman Khan (right).

Khan was arrested by Pakistani authorities after B4U Global collapsed.

B4U Global victim losses were initially pegged at ~$46.7 million USD.

As of March 2022 Khan was in custody with a bail hearing pending. Pakistani authorities are squabbling over who should be leading the case.

SR Group appears to be a short-lived reboot of B4U Global. “SRG” stood for “Saif ur Rehman Group”.

Secure Reannex appears to be a clunky attempt to keep the “SRG” initials branding going.

Around mid 2022, victims of both B4U and SR Group were being funneled into Secure Reannex.

Secure Reannex pitched a 350% to 700% ROI over 3 to 5 years.

Attempts to visit Secure Reannex’s website today reveal the Ponzi scheme has collapsed.

For all intents and purposes, CashWorth appears to be yet another reboot of the same Ponzi scheme.

Further supporting this is CashWorth’s official FaceBook page being managed from Pakistan:

In an attempt to mask where the scam is being run from, CashWorth falsely claims it’s “an investment company based in the US.”

In addition to Pakistan, CashWorth also has ties to Dubai:

It seems Riaz Ahmed (and presumably other promoters) fled to Dubai after Secure Reannex collapsed.

Dubai is 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 CashWorth, read on for a full review. [Continue reading…]

Back in 2016 the City of London Police arrested Christopher Hamilton.

Hamilton had been reported up for suspicious transactions by his bank. An investigation revealed the transactions were tied to OneCoin.

Along with Hamilton’s arrest, the CoLP also seized £30 million in checks, purportedly sent to Hamilton by convicted OneCoin money launderer Gilbert Armenta.

At the time of the bust, CoLP declared it to be the “biggest ever seizure’ by a UK law enforcement agency”.

A year later CoLP handed back the £30 million and deleted their press-release. [Continue reading…]