OXO Global (not to be confused with OXO Worldwide), fails to provide ownership or executive information on its website.

Further research reveals Enes Olgun citing himself as founder of OXO Global.

As per his LinkedIn profile…

…Olgun was in Jeunesse up until September 2022.

BehindMLM reviewed Jeunesse in 2015, identifying it as an autoship recruitment scheme. In MLM autoship recruitment lends itself to a pyramid scheme business model.

As far as I know Jeunesse didn’t make any significant changes to their compensation plan, with the pyramid scheme finally drying up towards late 2022.

In January 2023, it was revealed Jeunesse had been sold to LaCore Enterprises. A BehindMLM revisit of Jeunesse remains pending (I’m giving LaCore Enterprises a few months to move past the transition phase).

Olgun (right) separately popped up on BehindMLM radar in 2018. At the time Holton Buggs was beginning his journey down the MLM crypto fraud rabbithole.

At the time Buggs was pitching was pitching Ormeus Global’s IQ Chain spinoff in Turkey.

To his credit, Olgun gatecrashed the event and began asking Buggs some very pointed questions about IQ Chain.

Buggs initially tried to defend the Ponzi scheme but eventually demanded Olgun leave. That prompted this final exchange (Olgun to Buggs);

[20:45] You are saying, “I am the consultant of the company”.

But you are now in Turkey, you are working like you are the leader of the company.

This is not a consultant(‘s role).

So if you want people to respect you, you need to be honest.

If you are the leader of the company, you can be very open (about it).

The Organo Gold. If you are the owner of Organo Gold, you can say very open, “Hey guys, I started this company. I am working with this company… and I am going everywhere and taking the people.”

But you shouldn’t be like, “I am the consultant but secretly I am making the meetings”.

That’s why I don’t respect you, and now I am leaving.

Sorry Holton Buggs but you are doing a HUGE MISTAKE.

You will destroy all the industry and your name with this crypto shit scam.

Ormeus Global founder John Barksdale was indicted in 2021. Holton Buggs remains at large.

Both Olgun and OXO Global are based out of Turkey. A corporate address in Istanbul is provided on OXO Global’s website.

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

Trust Your Universe has received a securities fraud warning from Germany’s Federal Financial Supervisory Authority (BaFin). [Continue reading…]

Trust Your Universe has received a securities fraud warning from Austria’s Financial Market Authority. [Continue reading…]

Within a few days of BehindMLM publishing its last inCruises review, a reader advised the company was gearing up to launch “Membership 2.0” and “Partnership 2.0”.

April 1, 2022 Incruises implemented ‘Membership 2.0″ and your article barely touches on the membership part of Incruises.

The Incruises Partnership is the main focus of your article, but Incruises “Partnership 2.0” is going into effect on September 1, 2022 which will make most of your review inaccurate.

This was odd as I hadn’t come across any mention of these two marketing terms in putting together the August 2022 review.

In any event, I flagged inCruises for a review update. Today we take a look at inCruises’ Membership and Partnership 2.0. [Continue reading…]

InCruises has received a pyramid scheme fraud warning from Poland’s Office of Competition and Consumer Protection (UOKIK). [Continue reading…]

Gayle Toloff has been added as a relief defendant in the FTC’s ongoing Financial Education Services fraud case.

Gayle Toloff is the wife of FES co-founder Mike Toloff. [Continue reading…]

Back in February NovaTech informed investors it was “temporarily freezing” withdrawals for 60 days.

Last week Cynthia Petion confirmed withdrawals would remain frozen past the April 1st deadline.

What NovaTech FX investors did get on April 1st, was news of further restrictions. [Continue reading…]

The DOJ has stayed SEC civil proceedings against Forsage executives and promoters. [Continue reading…]

Default judgment has been granted against Forsage executive Mikhail Sergeev.

The SEC alleges Forsage is a $300+ million Ponzi scheme. Sergeev, a Russian national, worked as Forsage’s Development Director. [Continue reading…]

Michael Shannon Sims, known in the MLM industry as Mike Sims, has consented to a preliminary injunction.

The injunction pertains to commodities fraud charges brought by the CFTC.

The CFTC’s January 2023 filed charges are in relation to a series of Ponzi schemes run by Sims (below), Todd Brisco (Sims’ brother in law), Tin Tran, Francisco Story and Frederick Safranko (aka Ted Safranko).

Through their interconnected Yas Castellum Ponzi schemes, Sims and his co-defendants allegedly defrauded consumers out of at least ~$145 million. [Continue reading…]