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

SMD’s website domain (“smd-vip.com”), was privately registered on September 23rd, 2023.

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

This strongly suggests whoever is running SMD 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…]

Infinity Pi fails to provide ownership or executive information on its website.

Infinity Pi’s website domain (“infinitypi.io”), was privately registered on August 11th, 2023.

Of note is Infinity Pi’s use of Chinese in its logo and marketing materials:

This strongly suggests whoever is running Infinity Pi 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…]

AirBit Club co-founder Gutemberg dos Santos has been sentenced to 40 months in prison (3.3 years).

Dos Santos’ sentence was handed down on October 4th, following sentencing hearings for co-conspirators Renato Rodriguez, Cecilia Millan, Karina Chairez and Scott Hughes. [Continue reading…]

Two AirBit Club promoters and a lawyer have been sentenced to between one and five years in prison.

Following a twelve year sentence handed down to co-founder Renato Rodriguez last week, a sentencing hearing for Cecilia Millan, Karina Chairez and Scott Hughes was held on October 3rd. [Continue reading…]

Following news of EXW Wallet indictments and arrests in Austria, we learned that one scammer had been arrested in Brazil.

Due to local laws however, unfortunately we didn’t know who it was.

A BehindMLM reader who speaks Portuguese has now tracked down the relevant Brazilian court filing. We can now confirm the arrested EXW Wallet suspect in Brazil is Pirmin Troger. [Continue reading…]

NV Processor fails to provide ownership or executive information on its website.

NV Processor’s website domain (“nv-processors.com”) was privately registered on September 19th, 2023.

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…]

GSPartners’ campaign to punish investors who withdraw continues.

Less than 24 hours after disabling weekly ROIs, GSPartners has implemented a 50% withholding fee on all withdrawals. [Continue reading…]

NovaTech FX and Cynthia Petion have failed to put in an appearance at a recent regulatory hearing in Canada. [Continue reading…]

YunikonFX has received several securities fraud warnings from Malaysia.

On 14th September, the Bank of Malaysia added YunikonFX and two related entities to its Financial Consumer Alert List.

These include; [Continue reading…]

The BigWhale Ponzi scheme has collapsed.

After BigWhale’s admins drained invested funds earlier today, a “we got hacked!” exit-scam ruse was sent out to investors. [Continue reading…]