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

BlixTrade’s website domain (“blixtrade.com”), was privately registered on June 15th, 2023.

In an attempt to appear legitimate, BlixTrade provides incorporation details for Blixt Group Limited.

Blixt Group Limited was incorporated in the UK in March 2020. Given BlixTrade’s website domain was registered less than a month ago, Blixt Group Limited is unlikely to have anything to do with BlixTrade.

In BlixTrade’s website source-code we find a reference to Yandex:

Although not definitive, this suggests BlixTrade is being run by eastern Europeans. Typically this means Russia and/or Ukraine.

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…]

Turbo has received a securities fraud warning from France.

As per the Autorite des Marches Financiers’ July 7th warning, Turbo is [Continue reading…]

Bity.Pro fails to provide ownership or executive information on its website.

Bity.Pro’s website domain (“bity.pro”), was registered in May 2022. The private registration was last updated on June 19th, 2023.

In an attempt to appear legitimate, Bity.Pro provides incorporation details for “Buty Limited”.

Bity Limited was incorporated in the UK on March 14th, 2023.

An MLM company operating or claiming to operate out of the UK is a red flag.

UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.

As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA 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…]

Expedite Capital fails to provide verifiable ownership or executive information on its website.

A list of Expedite Capital executives is provided, however these are fictional identities combined with stolen photos:

Expedite Capital’s website domain (“expedite-capital.co”), was privately registered on July 26th, 2022.

In an attempt to appear legitimate, Expedite Capital provides incorporation details for a dissolved UK company.

Putting aside UK shell company registration is meaningless, its unlikely this shell company has anything to do with Expedite Capital. It was dissolved in October 2021, eight months before Expedite Capital’s website domain was registered.

In the source-code of the website we find a reference to Husty Designs.

Husty Designs is an MLM crypto scam factory believed to be operated from Chennai, India.

BehindMLM has previously reviewed three Husty Designs scams; LXPLife, iLearning Crypto and Twin TurboTRX.

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…]

Fintoch has received a securities fraud warning from Alberta, Canada.

The Alberta Securities Commission added CryptoProgram to its Investment Caution List on July 10th. [Continue reading…]

CryptoProgram has received a securities fraud warning from Alberta, Canada.

The Alberta Securities Commission added CryptoProgram to its Investment Caution List on July 10th. [Continue reading…]

Lovvare operates in the nutritional supplement MLM niche. The company provides an Delaware corporate address on its website.

Lovvare’s Delaware address is used by multiple businesses, suggesting it belongs to a shell company agent.

This ties into Lovvare Inc., a Delaware shell company incorporated through United Corporate Services, Inc. in August 2022.

A Utah “warehouse address” also provided Lovvare’s website belongs to ShipCentral, a fulfillment services company.

Heading up Lovvare, at least officially, is CEO John Altshuler (right).

Prior to Lovvare, which appears to have been set up in or around July 2022, Altshuler was BlackOxygen Organics’ Master Distributor:

In September 2020, Altshuler along with partner Brian Smith qualified at CEO.

CEO was the fifth-highest rank in BlackOxygen Organics’ compensation plan.

Altshuler was fairly active in BlackOxygen Organics. After it was shut down in November 2021 however, Altshuler seems to have gone to some effort to delete any public association.

Altshuler’s Lovvare corporate bio credits him as a “Master Distributor taking a company from $0 to 4 million a month in 2+ years”, but BlackOxygen Organics isn’t mentioned.

All videos from Altshuler’s BlackOxygen Organics Master Distributor YouTube channel have also been deleted.

Outside of BlackOxygen Organics, Altshuler made a name for himself in Excel Communications and Amega Global.

Excel Communications was a wireless MLM company that went bankrupt in 2004

Amega Global marketed $298 magic crystal wands and collapsed in August 2011.

Although he’s not credited as an executive, BlackOxygen owner and CEO Marc Saint-Onge does make an appearance as formulator of Lovvare’s fulvic acid supplements.

I’ve done a bit more research into this and am confident that Saint-Onge actually owns and operates Lovvare.

This is immensely problematic for several reasons, which we’ll get into in the conclusion of this review.

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

Blessings In No Time owners LaShonda Moore and Marlon Moore have settled with the FTC. [Continue reading…]

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

Mega Capital’s website domain  (“megacapitals.ltd”), was privately registered on June 12th, 2023.

In the source-code of Mega Capital we find a reference to Unique HYIP Designs;

Unique HYIP Designs sells Ponzi scripts and “HYIP Packages”.

“HYIP” stands for “high yield investment program”. This is code for “Ponzi scheme”.

Unique HYIP Designs sells a “HYIP Manager” Ponzi script for $166. Cheaper website templates and “exclusive themes” are also available.

Based on its website domain registration, Unique HYIP Design has been flogging scam scripts since late 2018.

Unique HYIP Designs’ Facebook page itself is owned by “Mijanur Rahman”.

On its Facebook page Unique HYIP Designs represents it is based out of Dubai. The WhatsApp support number provided on Unique HYIP Design’s website however is a number from Bangladesh.

Once purchased, Unique HYIP Designs’ scripts are run on a standalone server:

What do you get? Theme content (.zip file).

How to install? Download the template .zip file; Upload it to your hosting/server; Then extract it.

This appears to be how Mega Capital has been set up.

Mega Capital also has a “Megacapital Ltd” Australian shell company. Whether this was purchased through Unique HYIP Designs or separately though is unclear.

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…]

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

Kryptomusk operates from two known website domains:

1. kryptomusk.com – privately registered on November 25th, 2022
2. kryptomusk.net – privately registered on on November 26th, 2022

In an attempt to appear legitimate, Kryptomusk provides incorporation details for “Kryptomusk LTD” and “Kryptomusk LLC”.

Kryptomusk LTD was purportedly incorporated in the UK on December 22nd, 2022.

An MLM company operating or claiming to operate out of the UK is a red flag.

UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.

As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.

Kryptomusk LLC is purportedly a shell company incorporated in Delaware on February 7th, 2023.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence shell incorporation in any jurisdiction is again 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…]