Lindt Mall fails to provide ownership or executive information on its website.

Lindt Mall’s website domain (“fa.arabianmall.vip”), was

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…]

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

IconX’s website domain (“iconx.tech”), was privately registered on March 9th, 2024.

The only names disclosed on IconX’s website are Danyal Islam, Rado Mulej and Hind el Hadaj, purportedly members of a “community trustees council”.

Further research reveals Islam, Mulej and Hadaj are promoters who are part of IconX’s marketing.

Salman Butt is another name we can add to the list.

As to who’s actually running IconX, further research reveals ties to Dubai’s Al-Maktoum ruling family (click to enlarge):

• Saeed bin Hasher Al-Maktoum – IconX’s Chairman
• Solaiman Al-Rifai – IconX Board Member
• Ram Alsridi – IconX Managing Director and Board Member
• Ali Abuzinjal – IconX Community Director

Al-Maktoum, Al-Rifai and Abuzinjal are Dubai-based MLM crypto fraudsters. All three were previously involved in Safir International’s Zeniq Coin Ponzi scheme.

Safir International went on to collapse in 2023.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as 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 IconX, read on for a full review. [Continue reading…]

AI Quantify fails to provide ownership or executive information on its website.

AI Quantify operates from two known website domains; trx6.vip and trx5.cc. Both of AI Quantify’s domains were privately registered on December 30th, 2024.

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…]

Sixth Society fails to provide ownership or executive information on its website.

Sixth Society’s website domain (“sixthsociety.com”), was first registered in 2016. The private registration was last updated on March 4th, 2024.

Through the Wayback Machine we can see Sixth Society’s earlier website design revealed two names of interest; Volker Hartzsch and Elisa Giudici:

On his personal website Volker Hartzsch cites himself as a founder of Sixth Society:

Before he reinvented himself as a crypto bro, Hartzsch was selling car parts from Dubai:

According to Hartzsch’s Twitter profile he’s still based out of the UAE:

On her personal website Elisa Giudici, a purported UK resident, cites herself as “founder of Sixth Society”:

Why this information is not disclosed on Sixth Society’s website is unclear.

While they each appear to have their own crypto bro projects under their respective belts, Hartzsch and Giudici are also co-founders of Trustyfy:

Trustyfy appears to operate as a middleman between crypto wallet owners and “external partners … [who] can empower you with more traditional services, such as debit cards”.

As per its website Sixth Society represents it is run through Block Prime LTD;

This website and app are owned and operated by Sixth Society, a business of Block Prime Ltd, with headquarters in London, United Kingdom, company number 14031792.

Block Prime LTD was a UK company run by Hartzsch, Giudici and Stefano Tresca.

As per the screenshot above, Tresca is a co-founder of Trustyfy. He also appears to be a Sixth Society co-founder.

Block Prime LTD was voluntarily dissolved on December 17th, 2024. The footer of Sixth Society’s website now ties the company to “Sixth Society OU” and “Sixth Society US Inc.”

Sixth Society OU is an Estonian shell company under the control of Hartzsch, Giudici and Blas Daniel Pedreno Esteban.

Esteban is a resident of Spain and is listed as “Head of Backend Dev” on Trusyfy’s website.

Esteban’s name being tied to Sixth Society’s Estonian shell company suggests he’s also a co-founder but I wasn’t able to verify.

Sixth Society US Inc. is a Delaware shell company. Owing to lax registration requirements and regulation, Delaware is a favorite US jurisdiction for scammers to register shell companies in.

Pertaining to Volker Hartzsch being based out of Dubai;

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as 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 Sixth Society, read on for a full review. [Continue reading…]

CTL Shop fails to provide ownership or executive information on its website.

CTL Shop’s website domain (“clslshop.com”), was registered with bogus details on April 10th, 2024.

If we look at CTL Shop’s website source-code we find Chinese:

This suggests whoever is running CTL Shop has ties to China.

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…]

Scammers behind the “click a button” app Ponzis are now targeting Chinese mainland actors and models.

Multiple cases over the past weeks detail Chinese nationals being lured to Thailand under false pretenses. [Continue reading…]

Stephanie Megan Wildes has settled with the Profit Connect Receiver for $90,000. [Continue reading…]

Victims of the Traffic Monsoon Ponzi scheme have been given another 60 days to file claim details.

As of the original claim bar date, October 31st, 2024, 660 US and 9205 foreign Traffic Monsoon victims had filed allowed claims with sufficient information. These claims top $45 million.

Another 9685 victims have eligible filed claims but did not include their information. The value of these claims totals around $13.7 million. [Continue reading…]

Josip Heit has failed to obtain an injunction against a Singaporean financial blog.

As alleged by Heit, the unnamed blog citing Lydian World as a Ponzi scheme was “a serious violation of his personal rights”. [Continue reading…]

Apparently things are so bad at iGenius that executives are turning to former OneCoin Ponzi scammers.

Today we take a look at how Be Club is openly raiding iGenius. [Continue reading…]