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…]

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

Ventrobi presents photos of executives on its website. They are cropped photos edited onto a generic lounge background.

Supposedly Ventrobi is headed up by founder and CEO “Rafael Akbarov”:

Akbarov however doesn’t exist outside of Ventrobi’s marketing. This makes him a prime Boris CEO candidate.

Supporting this is the actor playing Akbarov claiming he doesn’t speak English on official Ventrobi webinars.

Ventrobi also provides investors with a classic rented office marketing video.

Actual people we can tie to Ventrobi are Tim Waider and Josh Berman.

Tim Waider hosts official Ventrobi marketing webinars:

Waider made a name for himself in One World Network, before joining Total Life Changes in 2020.

After that Waider got into MLM crypto Ponzi promotion. Collapsed scams Waider has promoted include Tradixis, Capitalium, EtherConnect, Nimbus Platform, FastBNB, BitMonsters and InvesableAI.

After Tradixis in March 2024, Waider went on to launch TradeTribe in April 2024.

TradeTribe’s website is still online but SimilarWeb tracked just ~3100 monthly website visits as of November 2024. In other words, TradeTribe collapsed before Ventrobi was launched.

Josh Berman hosts official Ventrobi marketing presentation videos:

Like Waider, Berman is also a serial promoter of fraudulent investment schemes.

The Texas State Securities Board named Berman as BitSports securities fraud cease and desist Respondent in November 2023.

The C&D order claimed Berman and Sean Kelly were promoting BitSports and GSPartners, two collapsed fraudulent investment schemes, through the Berman Investment Group.

Incomation, Daisy AI, iX Global, NovaTech FX and Automated Capital are all fraudulent MLM investment schemes.

I don’t have anything definitive on who exactly is running Ventrobi but there are these facts to consider;

1. Boris CEO Ponzi schemes are typically run by Russian and/or Ukrainian scammers
2. Tim Waider is from and lives in Ukraine
3. Tim Waider has already been at the center of two collapsed MLM crypto Ponzi schemes in 2024

But yeah, some random guy from Azerbaijan who nobody has ever heard of is probably running Ventrobi.

One final note is Ventrobi launching on the domain “ventrobi.com”.

Without explanation, Ventrobi abandoned its original domain for “ventrobi.io” on December 30th.

As above, Ventrobi’s website unexpectedly went down and was covered up with “maintenance”.

This then resulted in the new website domain being registered and deployed a few hours later.

Something went down beyond Ventrobi’s control and that should raise eyebrows.

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…]