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

CFG’s website domain (“cfgshare.com”), was privately registered on April 23rd, 2023.

If we click on the “customer service” link on CFG’s website, we are redirected to a Chinese domain.

From this we can confirm whoever is running CFG likely has ties to China. This typically means Singapore, Hong Kong or the Chinese mainland.

Of note is CFG’s use of Russian.

This suggests it is primarily being marketed to Russian speakers.

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…]

A few weeks back I started receiving reports iCoinPro had rebooted.

A visit to iCoinPro’s website reveals an “important prelaunch warning”.

iCoinPro is currently in Pre-Launch. During Pre-Launch there may be some links or pages that are not yet fully functional. Please recognize this before you make a decision to join.

The Micro Profit System, Trade Finder and complete iCoinPro system are ALL fully functional, and ALL commissions in the compensation plan are being paid during Pre-Launch.

Having first reviewed it in 2017, today BehindMLM revisits iCoinPro for an updated review. [Continue reading…]

Former Investview CEO Joseph Cammarata has had his bid for an acquittal denied.

In a February 21st filed motion, Cammarata sought to reverse being convicted of mail and wire fraud conspiracy, wire fraud, money laundering and conspiracy to commit money laundering last November.

On May 30th Cammarata’s post-trial motion was denied. [Continue reading…]

HSCC operates in the cryptocurrency MLM niche.

The company is headed up by CEO Rav Singh (aka Ravinder Singh Dhillon), Continent Coordinator Asia Naresh Kashyap, and CMO Daniel Schwartz (aka Dan Schwartz).

Singh and Kashyap I’ve never heard of but BehindMLM is familiar with Schwartz.

Schwartz’s MLM Ponzi scamming goes back to at least 2016 as COO of YoCoin.

BehindMLM first came across Daniel Schwartz as CEO of 3T Networks in 2018.

3T Networks was an MLM crypto Ponzi scheme combined with travel.

By 2022 3T Networks had long-since collapsed. Early that same year Schwartz resurfaced as COO of Elef, an NFT grift Ponzi.

Elef collapsed by April 2022, prompting Schwartz and long time partner-in-crime Ron Cartey to launch BNB Robot.

BNB Robot, another MLM crypto Ponzi scheme, collapsed twice by July 2022. The second iteration of BNB Robot lasted just eight days.

Schwartz rebooted BNB Robot as QunoMine in August 2022. QunoMine collapsed in September 2022.

Prior to launching HSCC in 2022, Ravinder Singh Dhillon was running real-estate investment scams through UK Property Club, London Property Community Group and Parkmount Group.

Naresh Kashyap was promoting Modicare until late 2022.

HSCC operates from the domain (“thehscc.co.uk”), privately registered on April 14th, 2022. The domain registration was last updated on April 14th, 2023.

Through the Wayback Machine we can see Dan Schwartz was added to HSCC’s website on or around March 2023.

Cross-referencing with SimilarWeb, it appears the original iteration of HSCC collapsed in early 2022. It was rebooted after Schwartz was brought on circa April 2023.

HSCC represents it is based out of London, UK. This ties into Rav Singh also being based out of the UK.

Naresh Kashyap is based out of India and Dan Schwartz is believed to still be hiding out in Thailand.

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

WTC Cloud Mining fails to provide ownership or executive information on its website.

WTC Cloud Mining’s website domain (“wtccm.com”), was privately registered on April 23rd, 2023.

Despite only existing for a few months, WTC Cloud Mining falsely claims it’s been around since 2018.

As to where it’s being run from, WTC Cloud Mining claims it is

headquartered in Texas, USA with offices in Geneva, Switzerland and Singapore.

If we look at WTC Cloud Mining’s website code, we find Chinese:

Thus we can rule out WTC Cloud Mining having any ties to the US or Switzerland. Whoever is running it likely has ties to China. This typically means Singapore, Hong Kong or the Chinese mainland.

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…]

Jan Gregory’s Ponzi partnerships are collapsing.

On May 30th Gregory informed investors he was abandoning Maxpread Technologies.

Meanwhile CoinMarketBull withdrawals haven’t been paid for two weeks. [Continue reading…]

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

“Babylon Solutions Limited” is presented as Remitano’s parent company, but no information other than the company name is provided.

Remitano’s website domain (“remitano.com”), was first registered in 2014. The private registration was last updated in January 2018.

As of April 2023, SimilarWeb tracks top sources of traffic to Remitano’s website as Vietnam (71%), Nigeria (8%) and the US (5%).

Remitano being primarily active in Vietnam can be attributed to its founders, Phuong Nguyen, Dung Huynh, Phuoc Nguyen and Tam Vo being Vietnamese nationals.

Nguyen’s and Huynh’s respective LinkedIn profiles make no mention of Remitano, which is odd.

They do mention Quoine though, which appears to be where Nguyen and Huynh met.

Quoine was a Japanese cryptocurrency trading platform with an office in Vietnam.

Remitano is also a cryptocurrency trading platform, with Quoine the obvious inspiration behind it.

Beyond being able to identify Remitano’s co-founders, there is scarce little information about them available.

This is likely due to Remitano operating illegally, which we’ll cover in the conclusion of the review.

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…]

Safe Trust fails to provide ownership or executive information on its website.

Safe Trust’s website domain (“safe-trust.net”), was privately registered on March 30th, 2023.

In an attempt to appear legitimate, Safe Trust provides an incorporation certificate for “Safe Trust Wealth LTD”.

Safe Trust Wealth LTD was purportedly incorporated in New Zealand on March 30th. This ties into Safe Trust claiming to be “a financial advisory practice with office in New Zealand”.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

This is emphasized in Safe Trust’s marketing presentation, which states;

SAFE TRUST IS A GLOBALLY RESPECTED AND RESPONSIBLE INVESTMENT FUND INSTITUTION INCORPORATED IN NEW ZEALAND AND GOVERNED BY THE LAWS AND RULES OF THE NZ SECURITIES AND EXCHANGE COMMISSION.

There is no “New Zealand Securities and Exchange Commission”. Securities in New Zealand are regulated by the Financial Markets Authority.

Beyond shell incorporation, it is unlikely Safe Trust has any actual ties to New Zealand.

In Safe Trust’s website source-code we find reference to WealthPool.

WealthPool is a daily returns crypto Ponzi scheme launched in late April 2023.

WealthPool’s marketing videos are robodub narrated, which is typical of non-native English speaking admins.

WealthPool pretends to be based out of the UK and appears to have already collapsed.

The same scammers behind WealthPool are behind Safe Trust.

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…]

The FTC hopes a recent victory against Success by Health will factor into a pending decision in litigation against Neora. [Continue reading…]

ETF Pool fails to provide ownership or executive information on its website.

ETF Pool operates from two primary website domains:

1. etfpool.io – privately registered on March 17th, 2023
2. etfpool.ai – privately registered on May 16th, 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…]