GoDiamond Review: MillionN social network with BTC cycler

GoDiamond provides no information about who owns or runs the company on its website.

GoDiamond’s website domain (“godiamond.com”), was first registered in 1997.

The private registration was last updated on May 22nd, 2021. This appears to be when the current owners took possession.

GoDiamond affiliate marketing began to appear on or around October 2021.

Alexa currently ranks top sources of traffic to GoDiamond’s website as Mexico (29%), the US (22%) and Gabon (9%).

There’s a good chance whoever’s running GoDiamond is from one of these countries.

GoDiamond is being marketed alongside MillionN, which operates from “millionn.com”.

GoDiamond and MillionN appear to be clones of each other. GoDiamond appears to be the more prevalent of the two so that’s what I’ve focused on in this 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…]


CashFX Group deletes withdrawal requests, now up to date

While Huascar Lopez missed his end-of-year deadline to catch up on withdrawals, CashFX Group is now fully caught up on all pending requests.

Unfortunately this probably isn’t what investors had in mind. [Continue reading…]


South Africa demands $7.2 mill from Swiss TVI Express haul

In 2011, back when South Africa actually regulated MLM fraud, the Reserve Bank declared TVI Express was a pyramid scheme.

TVI Express promoters responded by declaring anyone against the company was against black people becoming wealthy.

TVI Express collapsed nationally a year later in 2012. Authorities pegged South African losses at around $254 million.

Investigations led to the arrest of no less than twenty-five promoters, however asset recovery was limited.

Then South African authorities learned of a $36 million plea deal between Switzerland and TVI Express founder, Tarun Trikha. [Continue reading…]


Crowd1 pyramid scheme warning from Russia

Crowd1 has received a securities fraud warning from the Central Bank of Russia. [Continue reading…]



ShynXL Ponzi scheme collapses, co-founders flee

The ShynXL Ponzi scheme has collapsed.

Investors first began reporting ShynXL withdrawal problems on or around September 2021. [Continue reading…]


Crowd1 promoters arrested in Azerbaijan, admit fraud

A group of Crowd1 promoters in Azerbaijan have been arrested.

Following their arrest, the scammers admitted Crowd1 was a fraudulent pyramid scheme. [Continue reading…]


TronAct Review: 210% ROI smart-contract Ponzi scheme

TronAct provides no information on its website about who owns or runs the company.

TronAct’s website domain (“tronact.com”), was privately registered on November 10th, 2021.

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…]



Artistic Universal Review: ARTC bagholder dump scheme

Artistic Universal provides no information on their website about who owns or runs the company.

Artistic Universal’s website domain (“artisticuniversal.com”), was privately registered on October 3rd, 2021.

Artistic Universal claims it’s a “New Zealand based advanced program”.

We’re not sure what an “advanced program” is, but there’s no evidence to support Artistic Universal’s claimed ties to New Zealand.

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…]


OneCoin reveals new CEO, Ventsislav Zlatkov

He looks like a Boris CEO. He sounds like a Boris CEO. But OneCoin’s latest executive appointment isn’t a Boris CEO.

Following in the footsteps of his predecessors, Ventsislav Zlatkov is more of a puppet CEO. [Continue reading…]


Xifra Lifestyle founder Jonathan Sifuentes arrested in Mexico

Xifra Lifestyle founder Jonathan Yemelian Sifuentes was arrested earlier this week by Mexican authorities.

Quoting local media, CVBJ reports Sifuentes was arrested

in the company of about nine bodyguards, with long weapons and hundreds of thousands of Mexican pesos in cash.

Uh yeah, MLM is a bit different in Mexico. [Continue reading…]