Patek Mall Review: Stolen identity “click a button” Ponzi
Patek Mall fails to provide ownership or executive information on its website.
Patek Mall’s website domain (“patekmall.vip”), was registered with bogus details on February 15th, 2025.
Of note is Patek Mall’s website domain being registered through the Chinese registrar Alibaba (Singapore).
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…]
Treasure Island Review: Reality show ruse securities fraud
Treasure Island fails to provide ownership or executive information on its website.
Treasure Island operates from three known website domains:
- treasureislandnetwork.com – registered in October 2023, private registration last updated on September 18th, 2024
- ticoin.io – registered in July 2024, private registration last updated on February 25th, 2025
- watchtreasureisland.com – registered in May 2021, registration last updated June 1st, 2024 by owner Connect Social through Manitoba, Canada address
As per its LinkedIn profile…
…Connect Social LLC is
an Innovative Digital Marketing Company helping retailers to make/save money by growing their customer base.
The website domain provided on Connect Social’s LinkedIn profile is disabled but the company appears to have moved to “iamconnect.com”.
“Iamconnect.com” was registered in January 2018. The registration was last updated on January 6th, 2025 and lists Connect Social LLC, through a Nevada address, as the domain’s owner.
Heading up Connect Social is Manitoba resident Brett Nicholson:
Over on LinkedIn Nicholson also cites himself as “owner and COO of Treasure Island Productions LLC”:
I am proud to be a partner in an innovative new Reality Television show – Treasure Island.
Nicholson doesn’t appear to have an MLM history. Prior to Connect Social and Treasure Island, Nicholson appears to have been involved in real-estate and building supplies.
Why Nicholson’s ownership of Treasure Island is not disclosed on the company’s website 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…]
UBX Review: Ubitex Ponzi scheme rebooted
UbitEx was an MLM crypto Ponzi scheme that launched in mid 2024.
The scam was headed up by CEO “Alex Sandro”, an underwear model believed to be living in Indonesia.
UbitEx affiliates invested cryptocurrency into UB. Through a “staking” Ponzi model, UbitEX recycled invested funds to pay returns.
UbitEx collapsed in late 2024. On December 2024 the domain “ubx.one” was privately registered.
Shortly after Ubitex was rebooted as UBX:
Not surprisingly, Ubitex’s Boris CEO Alex Sandro is gone. On January 14th, 2025, UBX uploaded its first marketing video to its newly created YouTube channel.
The video is a webinar hosted by someone with, if I’m not mistaken, a Singaporean accent. This ties into UbitEx being run by Chinese scammers:
Of note is France’s AMF adding Ubitex to its fraud blacklist on February 13th, 2025.
As of February 2025, SimilarWeb tracked the majority of UBX website traffic from the US (43%), France (36%) and the UK (22%). This traffic is likely to primarily be victims of UbitEX.
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 Super Matrix Review: YourFreeWorld Ponzi cycler
The Super Matrix fails to provide ownership or executive information on its website.
The Super Matrix’s website domain (“thesupermatrix.com”), was privately registered on January 4th, 2025.
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…]
Jeremy Roma claims $1.1B in Daisy Ponzi funds held by broker
The gaslighting of Daisy victims continues.
The latest March 6th video sees Jeremy Roma, Eduard Khemchan and Ilya Marin pretend Daisy wasn’t an investment scheme. The trio also denies they stole investor funds. [Continue reading…]
QBN securities fraud warning from Spain
Quintessential Business Network (QBN) has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV).
As per the CNMV’s February 25th warning; [Continue reading…]
Ubitex securities fraud warning from France
UbitEx has received a securities fraud warning from France’s Autorite des Marches Financiers (AMF).
As per the AMF’s February 13th, 2025 warning, Ubitex is “blacklisted by the AMF because it offers financial services or products without being authorized”. [Continue reading…]
Associate of DAO1’s Alex Bodi arrested in Romania
An associate of DAO1’s Alexandru Nicolae Bodi (aka Alex Bodi), has been arrested in Romania.
Late last year Horatiu Potra was “arrested for allegedly planning to instigate unrest in Romania.” [Continue reading…]
SEC drops Oscar Garcia from ongoing Batched investigation
The SEC has dropped Oscar Garcia from its ongoing Batched investigation. [Continue reading…]
Quantitative Trading Review: Quantitative trading “click a button” Ponzi
Quantitative Trading fails to provide ownership or executive information on its website.
Quantitative Trading’s website domain (“198hh.com”), was registered with bogus details on February 15th, 2025.
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…]
