CKB168 was a $200 million MLM pyramid scheme that targeted Asian-Americans in the US. Abroad, the majority of CKB168 victims were based in China.

The SEC shut down CKB168 all the way back in 2013. In total sixteen CKB168 executives and top promoters were sued.

Parallel criminal charges were also filed by the DOJ in 2015.

Over the years several CKB168 defendants settled the fraud charges.

Now, nine years later, the SEC has finally secured final judgment against the remaining non-settling defendants. [Continue reading…]

Now that members of its private FaceBook group have been onboarded above everyone, Awakend has opened its prelaunch to the public.

Awakend seeks to be the first product-based MLM company with an NFT gimmick.

And while more products are planned, Awakend’s flagship is a fat burner supplement first sold over a decade ago. [Continue reading…]

In a new August 17th MetaForce video, Forsage owner Vladimir “Lado” Okhotnikov states;

In this video I will talk about the actions that MetaForce is taking to defend its position in the context of the SEC.

Figuring this meant Okhotnikov had responded to the SEC’s August 1st securities fraud Complaint, I pulled up the case docket.

Nope.

So um, what’s Okhotnikov banging on about? [Continue reading…]

Nimbus Platform is an MLM crypto Ponzi that’s been around since August 2020.

The original Ponzi scheme was built around NMBT tokens, paying up to 0.5% a day.

This collapsed in less than a year, prompting Nimbus Platform to reboot with NBU tokens. The second iteration of Nimbus Platform offered a far more modest 7% a year.

Here’s how that’s going:

Now, in an attempt to resurrect the failed second reboot, Nimbus has upped the ante with a 100% annual ROI. [Continue reading…]

Top US Forsage promoter Mark F. Hamlin has settled a securities fraud lawsuit brought against him by the SEC. [Continue reading…]

The Pegasus Ponzi scheme has collapsed.

As of 24-36 hours ago, affiliates who attempt to withdraw are receiving a bitcoin fee error message. [Continue reading…]

The recently revealed Karatbars International reboot is missing one thing: Harald Seiz.

Although it made it to my editorial notes as I researched MineBase, I figured the fact that Karatbars credentials could be used to log in to MineBase, and excerpts from Seiz sprinkled throughout the site, was enough to make it official.

A BehindMLM reader noticed something strange about the LinkedIn link on MineBase’s website though…

…and now I’m thinking the whole thing is a Russian recovery scam. [Continue reading…]

Back in June Karatbars International investors were being funnelled into an Acua Wellington branded recovery scam.

Whatever Acua Wellington was it’s come and gone. Harald Seiz has now rebooted Karatbars International as MineBase. [Continue reading…]

T97 BestPlan provides no information on its website about who owns or runs the company.

T97 BestPlan’s website is a login gateway to the company’s app, through which its MLM opportunity is run through.

T97 BestPlan’s website domain setup is a bit odd. The company operates off a “T97” subdomain on the domain “bestlaidplans.club”.

“Bestlaidplans.club” was only recently privately registered on July 9th, 2022.

If we visit the domain directly, we find a Chinese CDN error message:

This strongly suggests whoever is behind T97 BestPlan has ties to China.

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 public face of the CashFlow NFT is Swedish resident Daniel Wood.

The actual founder of the Ponzi scheme however is career scammer Micah Theard.

You won’t find Micah Theard’s name anywhere on CashFlow NFT’s website though.

Despite having launched and begun soliciting investment, CashFlow NFT’s website is still just a signup form. [Continue reading…]