A QNet victim has filed a complaint in Indore, India.

Kanishka Parmar, a local QNet promoter, recruited Kusum into QNet on the promise of a Rs. 10 million ROI over five years (~$119,000 USD). [Continue reading…]

A new iX Global investment fraud case has been opened in Mumbai, India.

200 victims have come forward alleging Rs. 350 million in losses (~$4.1 million USD). [Continue reading…]

Kadi Mall fails to provide ownership or executive information on its website.

Kadi Mall’s website domain (“kadimall.cc”), was registered with bogus details on September 1st, 2024.

Of note is Kadi Mall’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…]

Beyond Infinity fails to provide ownership or executive information on its website.

Beyond Infinity’s website domain (“beyondinfinity.club”), was registered in May 2022. The private registration was last updated on June 26th, 2024.

Further research reveals Beyond Infinity marketing videos featuring founder and CEO James Hill:

Hill claims to be a “US resident” who “lives in the Philippines”.

James C. Hill (aka J.C.) is known to BehindMLM as the founder of multiple fraudulent MLM schemes:

• OneX (2011)
• Triple Match (2013)
• Gold Crowdfunding (2014)
• WeShare Crowdfunding (2015), collapsed 2016

Based on website traffic tracked by SimilarWeb (July 2024), Beyond Infinity is primarily promoted in India (68%), Belgium (23%) and the US (10%).

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…]

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

Citadel USDT’s website domain (“usdt-citadel.com”), was privately registered on August 28th, 2024.

Of note is Citadel USDT’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…]

MetaHub Finance operates in the cryptocurrency MLM niche.

MetaHub Finance represents it is operated through AuraLink Labs Pte Ltd, a Singapore registered company.

The address associated with MetaHub Finance is shared by over one hundred companies. This strongly suggests AuraLink Labs is a shell company.

Heading up MetaHub Finance is CEO James Ross Croyle.

On LinkedIn Croyle represents himself with an AI-generated avatar and represents he is based out of Singapore.

Croyle, represented to be from the US, does appear to be a Singapore resident since at least 2011.

Croyle appears to have been legitimately working in the tech field till around 2021. Sometime after Croyle got into crypto related fraud.

Crypto Global United is/was a crypto Ponzi scheme that launched in 2021. In 2022 Crypto Global United launched its CGU token, which its “staking” model Ponzi is built around.

CGU launched with the typical crypto Ponzi pump and dump trajectory:

Crypto Global United represents it is based out of Singapore, which is odd seeing as its co-founders aren’t.

Sergei Sergienko is a Russian born crypto bro living in Australia.

Mark Carnegie is an Australian crypto bro who describes himself as a “fucking narcissist”. In 2022 Carnegie was living in Singapore.

There’s enough similarities between CGU and MetaHub Finance to suggest the same people might be running both companies. Based on what’s known though, I can’t say for certain.

Getting back to MetaHub Finance, while the company represents it is based out of Singapore, MetaHub Finance has held at least two marketing events in Vietnam.

MetaHub Finance’s official FaceBook page is also managed from Vietnam.

Both Singapore and Vietnam are hubs for Chinese organized crime interests. It’s also possible Vietnamese scammers are running MetaHub Finance through a Singapore shell company.

What is unlikely is Ross Croyle is founded and is running MetaHub Finance himself.

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

iGenius has received a securities fraud warning from Quebec, Canada.

As per the Autorite des Marches Financiers’ April 2022 warning; [Continue reading…]

Honda Moto fails to provide ownership or executive information on its website.

Honda Moto’s website domain (“hondamotovip.com”), was privately registered on August 29th, 2024.

Of note is Honda Moto’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…]

Green Income fails to provide ownership or executive information on its website.

Green Income’s website domain (“greenincome.org”), was first registered in 2021. The private registration was last updated on July 28th, 2024.

In an attempt to appear legitimate, Green Income provides a doctored UK company certificate for “GreenIncome”.

The provided company number actually corresponds with Green Investment Limited, a defunct UK company dissolved in 2022.

On the regulatory front, the Central Bank of Russia issued a Green Income pyramid fraud warning on July 29th, 2022.

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 Traders Domain has received a securities fraud warning from Quebec, Canada.

As per the Autorite des Marches Financiers’ August 21st warning; [Continue reading…]