Within 24 hours of BehindMLM reporting on MetaMax’s Philippine SEC fraud warning, the scammers behind the Ponzi scheme pulled the plug.

MetaMax’s .VIP domain has been disabled. The Ponzi scheme’s other .TOP domain was disabled sometime in June. [Continue reading…]

Cartier USDT fails to provide ownership or executive information on its website.

Cartier USDT’s website domain (“cartier-usdt.cc”), was privately registered on May 15th, 2024.

Of note is Cartier USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore).

Cartier USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued a Cartier USDT pyramid fraud warning on June 19th, 2024.

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…]

Hollywood-Films fails to provide ownership or executive information on its website.

Hollywood-Films’ website domain (“hollywood-films.com”), was privately registered on June 12th, 2024.

Of note is Hollywood-Films’ website domain being registered through the Chinese registrar Alibaba (Singapore).

Hollywood-Films has already attracted the attention of financial regulators. The Central Bank of Russia issued a Hollywood-Films pyramid fraud warning on June 19th, 2024.

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…]

Dott USDT fails to provide ownership or executive information on its website.

Dott USDT’s website domain (“dottusdt.vip”), was privately registered on June 7th, 2024.

Dott USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued a Dott USDT pyramid fraud warning on June 18th, 2024.

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…]

Daily trading volume for GSPartners’ G999 token has dropped to $0.

G999, created through an off-the-shelf shitcoin script, was part of the original fraudulent investment scheme deployed by GSPartners in 2021. [Continue reading…]

Star Network has received a fraud related desist and refrain order from California.

As per the Department of Financial Protection and Innovation’s June 5th order; [Continue reading…]

MTFE Global, aka Metaverse Foreign Exchange Global, has received a securities fraud warning from the UK.

As per the Financial Conduct Authorities’ June 11th warning, MTFE Global [Continue reading…]

MetaMax has received a securities fraud warning from the Philippines.

As per the Philippine SEC’s June 25th warning, MetaMax [Continue reading…]

P&G Group fails to provide ownership or executive information on its website.

P&G Group’s website domain (“pguk-mall.com”), was registered with bogus details on June 2nd, 2024.

Of note is P&G Group’s website domain being registered through the Chinese registrar Alibaba (Singapore).

P&G Group has already attracted the attention of financial regulators. The Central Bank of Russia issued a P&G Group pyramid fraud warning on June 14th, 2024.

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…]

Intellexa is a reboot of the collapsed BuddyX Ponzi scheme.

BehindMLM came across Intellexa as part of our research into BuddyX’s collapse.

BuddyX operated from the domain “buddyx.io”, which now redirects to “buddyex.com”. Here we have a continuation of the fraud started with BuddyX, although you won’t find any mention of Intellexa (sometimes spelt Intellaxa) on BuddyEx’s website.

Nonetheless, a visit to BuddyEx’s social media channels reveals plenty of Intellexa marketing since Buddyx collapsed.

BuddyX was a reboot of the collapsed Buddy Corp Ponzi scheme. Timeline wise we have:

Buddy Corp –> BuddyX –> BuddyEx (Intellexa)

All iterations of the Buddy named Ponzi schemes are run by serial fraudster Mahesh Sharma.

Sharma is an Indian national hiding out in Dubai. There is no mention of him on BuddyEx’s website.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Intellexa, read on for a full review. [Continue reading…]