Canadian MLM company Tiber River has informed distributors it is abandoning its MLM opportunity.

Having built a customer base off the back of its distributors since 2012, Tiber River will transition to an online retail model. [Continue reading…]

US authorities have taken down the “Mike G Deal”.

The DOJ and SEC allege $45 million in fraud, and ringleader Neil Suresh Chandran has been arrested.

On January 4th, the SEC filed a Complaint naming Chandran, Garry Davidson, Michael Glaspie, Linda Knott, Amy Mossel (Glaspie’s wife), Banner Co-Op Inc., BannersGo LLC and AEO Publishing Inc. as defendants. [Continue reading…]

Dagcoin scammers Nils Grossberg and Kristijan Ress have reportedly been released by Estonian authorities.

The pair, who ran the Dagcoin Ponzi scheme from Estonia, were arrested with two accomplices last October. [Continue reading…]

Ariix has been fined €960,000 EUR for consumer fraud by Italy’s Competition Authority (AGCM). [Continue reading…]

A 58 year old man and his 81 year old father have been convicted on Ponzi fraud charges.

Authorities in Austria began investigating the duo following an anonymous complaint filed in November 2019.

Investigators uncovered 13 million euros in damages, tied to promotion of Minerva Trading Bot. [Continue reading…]

Daniel Putnam has settled a $12 million fraud case filed against him by the SEC.

On January 3rd, the SEC filed a Motion for Entry of Judgment against Putnam.

Putnam consented to the requested judgment on December 30th. [Continue reading…]

Awakend has filed a defamation lawsuit against NewULife and founder Alexy Goldstein.

Surprisingly, Awakend’s complaint details allegations pertaining to BehindMLM’s editorial integrity. [Continue reading…]

Frode Jorgensen’s Daxio Ponzi scheme has collapsed.

Communications dating back to October 2022 reveal investor withdrawals are “in limbo”. And as of December 12th, Jorgensen is still stalling. [Continue reading…]

Krstic Ponzi empire defendant Jaira David has been sentenced to three years in prison.

Upon release David will be subject to two years of supervised release. He’s also been ordered to pay $380,000 in restitution. [Continue reading…]

Dream Come True fails to provide ownership or executive information on its website.

Dream Come True’s website domain (“dreamcometrue.ai”), was privately registered on September 26th, 2021.

Dream Come True’s FaceBook page was created in November 2021. Marketing began on or around May 2022.

Dream Come True’s marketing material cites Adnan Ahmed and Asim Jamil as co-founders of the company.

I wasn’t able to get a reading on Ahmed but Jamil appears to be a UK national with ties to Dubai and Pakistan.

As early as February 2021 BehindMLM readers cited Adnan Ahmed and Asim Jamil as co-founders of Ride to the Future.

Ride to the Future, commonly abbreviated as R2F, was an MLM Ponzi scheme that pretended to be operated from Panama.

Launched in late 2019, Ride to the Future collapsed in early to mid 2021. A few months later preparations for Dream Come True began.

Someone who appears to work closely with Ahmed and Jamil is Geocelh Gee:

Cited as “Geo G.”, Gee is Dream Come True’s “Country Manager”.

On its website Dream Come True provides a corporate address in Dubai. Dubai is the MLM crime capital of the world.

Similar to the Ride to the Future’s Panama ruse, Dream Come True pretends to have a head office in Ireland.

I found nothing suggesting Dream Come True has any ties to Ireland. The company is run from Dubai.

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 Dream Come True, read on for a full review. [Continue reading…]