WishM, or Wish Mall, fails to provide ownership or executive information on its website.

WishM operates from at least four known website domains:

• wishm.pro – privately registered on June 2nd, 2023
• wishm.cloud – privately registered on June 4th, 2023
• wishm.shop (already abandoned) – privately registered on June 2nd, 2023
• wishm.tv – privately registered on July 19th, 2023

Note this list is likely incomplete and subject to change.

If we look at the source-code for the “wishm.pro” domain, we find Chinese:

All three of WishM’s website domains were also registered through Alibaba’s Singapore division.

This strongly suggests whoever is running WishM has ties to China, and is possibly based out of Singapore.

Despite only existing for a few months, on its website and in its app WishM falsely claims it was “founded in Colorado in 2014”.

WishM is a data communications company founded in Colorado in 2014 and is the largest data promotion company in the United States.

WishM isn’t old enough to have generated any definitive website tracking data yet. Nearly all of the marketing I saw for it though was from people with African accents.

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…]

Michael Rutherford’s “Brian Underwood is a bully trying to steal my money!” lawsuit, has come to an unceremonious end.

On July 19th Rutherford, Underwood and Pruvit informed the court; [Continue reading…]

Restitution against Ponzi scammer Ryan Ginster has been dropped because none of his victims came forward. [Continue reading…]

iX Global, its CEO and several promoters have been sued for securities fraud by the SEC.

Between iX Global and its Debt Box ruse, the SEC’s July 26th filed Complaint names eighteen defendants. [Continue reading…]

Verse Network has received a securities fraud warning from Russia.

As per the Central Bank of Russia’s August 2nd warning, Verse Network exhibits [Continue reading…]

Quintessential Business Network (QBN), fails to provide ownership or executive information on their website.

Further research reveals QBN marketing citing three “global presences”:

• Dubai is a red flag because it’s the MLM crime capital of the world
• the British Virgin Islands is a red flag because it’s a tax haven with no active MLM securities fraud regulation
• the UK is a red flag because registering shell companies there is trivial

The same marketing cites four QBN founders; Anwaar Qureshi (CEO), Farid Ladhani (MD), Maher Awad (CFO) and Tariq Ausaf (COO).

Each of QBN’s co-founders are former top earners in the collapsed BizzTrade Ponzi scheme.

BizzTrade began as BizzTrek, an Amazon knock-off pyramid scheme run by Rehan Gohar, Rizwan Gohar (brothers) and Gurpreet Dhaliwal.

Note that Dhaliwal is cited as QBN’s Chief Advisory Officer.

BizzTrek collapsed by the end of 2019, prompting the Gohar brothers to reboot as BizzTrade.

BizzTrade was initially a forex Ponzi scheme. By mid 2020 forex had been swapped out for crypto.

The “BizzCoin” iteration of BizzTrade collapsed in late 2021. This prompted a third reboot as BizzTrade Pro in early 2022.

BizzTrade Pro collapsed after a few months. A fourth NextGen Academy reboot was launched on or around April 2022.

NextGen Academy lasted about a year. In early 2023 a My Car Club spinoff was launched but that appears to have already collapsed.

QBN’s website domain (“myqbn.com”), was privately registered on July 4th, 2022. It appears QBN’s co-founders bailed shortly after the BizzTrade Pro reboot.

One country you won’t find openly associated with QBN is the US. This is strange, seeing as each of QBN’s co-founders appear to have ties to Texas.

That said, whether QBN’s co-founders are still in the US or whether they’ve fled to Dubai full-time is unclear.

At time of publication SimilarWeb tracks top sources of traffic to QBN’s website as the Netherlands (71%), the US (20%) and India (6%).

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…]

E-Creator was a typical “click a button” Ponzi targeting Zimbabwe.

Run through a mobile app, E-Creator’s ruse was “clicking a button” to create fake product orders.

Remarkably, after E-Creator collapsed Zimbabwean authorities were able to make an arrest.

A Chinese national and two local accomplices were caught at the airport trying to flee the country. [Continue reading…]

KZ1 has been sold to Kannaway for $5 million.

Kannaway’s parent company Medical Marijuana revealed the acquisition in an August 1st press-release. [Continue reading…]

Xaindex has received a pyramid fraud warning from Russia.

As per the Central Bank of Russia’s August 1st warning, Xaindex exhibits “signs of a financial pyramid”. [Continue reading…]

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

The “events” section of CannaGlobe’s website referenced Marty Hale, who on FaceBook cites himself as CannaGlobe’s founder and CEO.

Why this information isn’t presented on CannaGlobe’s website is unclear.

Hale has an MLM history dating back to the 1980s. Hale’s published bio cites him as

• a distributor of Excel Communications (1989 – 1995)
• a consultant for PrePaid Legal (1996)
• a speaker for ACN (1998)
• co-founder and CEO of Net Lifestyles (1999 – ???)

Hale appears to have left the MLM industry for most of the 2000s. His bio details multiple contractor and executive positions.

In 2009, Hale returned to MLM as Chief Strategy Officer of the Trump Network. After that Hale held a number of MLM executive positions;

• distributor and executive (CEO and CMO) with Momentis (2011 – ???)
• President of bHip (2013 – ???)
• Chief Ambassador for Viridian (2014 – ???)
• founder of LIVIT International (2016 – ???)

In 2018 Hale returned to Terry LaCore and got involved in a number of LaCore Enterprises MLM companies (bHip Global is owned by LaCore Enterprises).

These include Liv Labs (2018) and Ignite VIP (2020).

CannaGlobe launched in 2018 and operates through the Colorado shell company CG Companies LLC.

The same Texas address used to register CG Companies is tied to Livit International, a travel company owned by Marty Hale.

I wasn’t able to verify if Lacore Enterprises had an ownership stake in CannaGlobe. I’m leaning towards no as LaCore is typically straightforward when setting up MLM companies he has an ownership stake in.

What I can confirm is LaCore Labs appear to be a product formulator for some of CannaGlobe’s products.

Both CannaGlobe and Marty Hale are based out of Texas.

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