Although it’s obvious who created, owns and runs DAO1, central to marketing is the false narrative that DAO1 is decentralized.

Rather than just be honest and transparent, DAO1’s owners and executives are presented as “advisors”:

While that marketing ruse holds tight, DAO1 has somewhat dropped the decentralized investment ruse by launching DAO1 Lite. [Continue reading…]

Bellator has revealed a series of debit cards of unknown origin to their MLM crypto investors.

In Bellator CEO and owner Micah Theard’s own words, the idea behind the cards is to allow investors to [Continue reading…]

UBS AI fails to provide ownership or executive information on its website.

UBS AI’s website domain (“ubsmining.com”), was privately registered on April 14th, 2025.

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…]

BehindMLM reviewed RegenaLife back in 2017. Today that MLM company no longer exists.

A visit to RegenaLife’s previous website domain now redirects to RegenaLife Marketplace.

RegenaLife Marketplace is hosted on the domain (“regenalifemarket.com”), privately registered on July 22nd, 2024.

RegenaLife Marketplace fails to provide ownership or executive information on its website.

RegenaLife was founded in 2008 as “Regeneration USA” by Justin Chernalis. Regeneration USA changed its name to RegenaLife in 2016.

Back in 2017 RegenaLife was headed up by CEO Ernie Cadiz (right).

A March 2020 press-release still cited Cadiz as RegenaLife’s CEO. Today there’s no mention of RegenaLife or RegenaLife Marketplace on Cadiz’s LinkedIn profile or FaceBook account.

If Cadiz is no longer involved, who is running RegenaLife Marketplace is unclear.

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…]

LSSC, or Lightning Scooter Shared Company, fails to provide ownership or executive information on its website.

LSSC operates from five known website domains:

1. lssc.ltd – privately registered on March 27th, 2024
2. lssckai.com – privately registered on March 22nd, 2025
3. lightsha.com – privately registered on March 6th, 2025
4. lsscapp.com – privately registered on February 2nd, 2025
5. lsscz.com – privately registered on February 2nd, 2025

LSSC’s .LTD domain is its primary marketing domain. The .COM domains host LSSC’s app.

Given LSSC’s .LTD marketing domain was registered last year, it’s likely there have been other LSSC app domains that have already collapsed.

There are also likely other .COM app domains in play other than the two we’re aware of.

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 Namibian High Court has ruled that the Bank of Namibia was justified in investigating Coenie Botha’s CBI Global Ponzi scheme. [Continue reading…]

Authorities in Vietnam have busted the Bitney MLM scheme, which is claimed to have had almost 200,000 promoters.

In addition to operating as a pyramid scheme, Bitney also marketed a juice laced with erectile disfunction medication. [Continue reading…]

A May 23rd court ruling has certified Jason Cardiff flouting court orders will see acquaintances forfeit over half a million dollars. [Continue reading…]

Following Modere’s collapse, Shaklee has announced it has acquired what’s left of the company. [Continue reading…]

Finance AI fails to provide ownership or executive information on its website.

Finance AI’s website domain (“financett.top”), was privately registered on April 5th, 2025.

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…]