Josip Heit has stepped from from GSB Gold Standard Corporation’s board of executives.

In Heit’s place is Rustam Shoykhet, a name most participants in GSB’s investment schemes have likely never heard of. [Continue reading…]

Two Malaysian scammers behind SingliWorld and TriumphFX have been jailed.

On January 3rd, Leong Koon Wah and Ng Kuan Chuan were sentenced to ten years and six months and seven years and six months respectively. [Continue reading…]

Animoca VIP fails to provide ownership or executive information on its website.

Animoca VIP operates from two known website domains:

1. animvip.com – registered with bogus details on December 31st, 2024
2. aniquantify.com – registered with bogus details on December 30th, 2024

Of note is both of Animoca VIP’s website domains 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…]

DAO1 fails to provide ownership or executive information on either of its websites.

DAO1 operates from two known website domains:

1. dao1.ai (main website) – privately registered on November 19th, 2024
2. dao1.info (marketing funnel) – privately registered on December 11th, 2024

Of note is DAO1 hiding its primary .AI website from public search engine indexing:

This is a red flag, as it suggests DAO1 is attempting to avoid public and/or regulatory scrutiny. Irrespective of any other conduct, hiding a website is not something a legitimate MLM company would do.

Also of note is the use of “mio” in DAO1’s official marketing material:

“Mio” is a German abbreviation for “million”. This suggests whoever is running DAO1 at the very least speaks German.

As per DAO1’s .AI website Privacy Policy;

The Site is hosted in the European Union and is intended for visitors located within the European Union.

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…]

Prife operates in the health and wellness MLM nice. The company claims it was founded in Malaysia in 2021.

Established in 2021 with headquarters in Kuala Lumpur, Malaysia, Prife International has rapidly gained global acclaim.

Now, we are a global network marketing company operating in more than 80 countries and regions worldwide including the United States, Europe, Africa, Asia, Australia, New Zealand and others.

Steven Lai is credited as Prife’s founder and President.

Note I was unable to verify the “more than 37 years of extensive experience in the network marketing industry” claim.

He served as the Executive Director of a renowned network marketing company, generating billions of US dollars in annual turnover.

This could be due to language-barriers but the fact that nothing Lai was purportedly involved in prior to Prife on raises a red flag.

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

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

Capital One USD’s website domain (“capitaloneusd.vip”), was registered with bogus details on November 7th, 2024.

Of note is Capital One USD’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…]

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

Glofen’s website domain (“glofen.com”), was first registered in 2019. The private registration was last updated on October 30th, 2024.

In an attempt to appear legitimate, Glofen provides registration details for Ekonomitjänst G.Löf.

Ekonomitjänst G.Löf was purportedly registered in 2001. This obviously predates Glofen, meaning Ekonomitjänst G.Löf has nothing to do with Glofen.

This is just one discrepancy on Glofen’s website. A lot of the site reads like AI generated hallucinations.

Of note is referenced to IC Markets in Glofen’s website source-code:

Opening up IC Markets’ website reveals it’s running the same template as Glofen’s. IC Markets appears to be an unregistered trading platform run through Raw Trading LTD, a Seychelles shell company.

IC Markets is likely fraudulent, owing to multiple geographic restrictions;

Raw Trading Ltd does not provide services for residents of certain countries such as the United States of America, Canada, Brazil, Israel, New Zealand, Iran and North Korea (Democratic People’s Republic of Korea) or a country where such distribution or use would be contrary to local law or regulation.

The same people running IC Markets are likely behind Glofen.

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…]

Sentencing of three BitClub Network scammers have been continued to February 2025. [Continue reading…]

OneCoin money launderer William Morro has been sentenced to one year probation. [Continue reading…]

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

USDOzon’s website domain (“ma.usdozon.cc”), was registered with bogus details on November 14th, 2024.

Of note is USDOzon’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…]