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

PeradoxPro’s website domain (“peradoxpro.com”), was privately registered on March 1st, 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…]

Plexus has settled allegations of mail fraud for $600,000.

As per a civil case brought by the DOJ, Plexus [Continue reading…]

FFST Group fails to provide ownership or executive information on its website.

FFST Group’s website domain (“ffst.com”), was first registered in 2003. The private registration was last updated on May 30th, which is around the time current owners bought it.

If we look at FFST Group’s website source-code, we find a reference to the Chinese search engine Baidu:

This strongly suggests whoever is running FFST Group 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…]

InvesableAI operates in the cryptocurrency MLM niche.

The company presents two co-founders on its website; Lee Dalton and Richmond Ray Gonzales:

Both Dalton and Gonzales are cited as InvesableAI CEOs.

Based on his accent, Dalton appears to be an Australian national. On LinkedIn Dalton represents he is based out of Malaysia:

Update 7th September 2023 – In an email sent to BehindMLM, Dalton states he’s “an Australian and I have lived in Malaysia for 17 years married to a Malaysian.” /end update

Richmond Gonzales appears to be a Singapore national:

Of note is, based on his LinkedIn profile, Gonzales has spent a few years working in Australia.

Both Dalton and Gonzales don’t have a verifiable MLM history. This might suggest they’ve been hired to front InvesableAI.

A third name we can attach to InvesableAI is Marketing Director Reid Fletcher:

On FaceBook Fletcher goes by “Reid Alan” and represents he is based out of Virginia in the US.

Fletcher/Alan cites himself as a Marketing and Public Relations Manager for the Gate cryptocurrency exchange.

Gate is a crypto exchange that primarily services Russia. Gate intentionally avoids the US because it doesn’t want to register its various investment opportunities with the SEC and file audited financial reports.

Whether any InvesableAI funds flow through Gate is unclear.

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

Terrence Pound’s Keep It 100 Ponzi scheme has collapsed.

Following a July 27th webinar in which Pounds claimed Keep It 100 investment had dropped from ~$100,000 to $~5000 a day, Keep It 100’s website went offline.

Visits to Keep It 100’s website now reveal an unscheduled maintenance message: [Continue reading…]

Redwood Scientific Technologies concealer Jacques Poujade has pled guilty to “fraudulently obtaining more than $5.2 million”. [Continue reading…]

Aey-Meta fails to provide ownership or executive information on its website.

Aey-Meta’s website domain (“aey-meta.com”), was privately registered on April 20th, 2023.

If we look at Aey-Meta’s website source-code, we find a reference to HYIP Office.

HYIP Office appears to be a Russian Ponzi script factory. This suggests whoever is behind Aey-Meta is likely also Russian.

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…]

Kannaway appears to have sold its distributor and customer database to TranzactCard.

This is based on a communication sent out by Kannaway earlier this week, advising distributors and customers they’ve been “pre-enrolled into Tranzact’s system”.

As BehindMLM understands it, this was done without prior notice or consent of Kannaway’s distributors and customers. [Continue reading…]

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

In fact as I write this, Catly’s homepage is nothing more than a sign up/sign in form. An MLM company hiding everything about itself is an instant red-flag.

Catly’s website domain (“catly.io”), was privately registered on March 2nd, 2023.

With a big of rigging around I was able to access Catly’s whitepaper. While there is a “Team and Advisors” section of the whitepaper, no actual information about who’s behind Catly is provided.

In the source-code of Catly’s whitepaper we find Chinese:

While not definitive, this suggests whoever is running Catly has ties to China, Singapore and/or Malaysia.

Of note is there seems to be some manipulation going on with Catly’s recorded website traffic.

SimilarWeb tracked just 89,200 visits to Catly’s website in April 2023. This jumped to a whopping 6.8 million in May and even higher to 9.8 million in June.

This is highly unusual for a new web property and suggests artificial traffic was used.

Nonetheless, as of June 2023 SimilarWeb tracked top sources of traffic to Catly’s website as Russia (24%), Ukraine (15%0 and Indonesia (11%).

The Central Bank of Russia is pretty quick to issue securities fraud warnings for scams targeting Russia. If ~2.5 million visits to Catly’s website originated from Russia last month, it’d probably have appeared on their radar.

This reaffirms Catly is likely manipulating its website traffic data.

It also introduces the possibility of Russian scammers running Catly, having engaged Chinese developers to put together its site.

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…]

USFIA victims have been given a final August 9th deadline to sort out their claims.

Following a July 24th court order, the USFIA Receiver published the following update; [Continue reading…]