After stringing investors along with baloney about SMS providers, COTP has finally acknowledged its collapse.

Well, sort of. Earlier today COTP informed investors they were screwed with a “hackers!” exit-scam. [Continue reading…]

Dot Dot Smile has informed distributors its MLM opportunity “no longer makes sense for us to maintain as a sustainable business.”

The announcement was made last Friday, giving notice Dot Dot Smile will cease MLM operations on June 30th. [Continue reading…]

Well that didn’t take long.

Eddy Alexandre is already trying to weasel out of his EminiFX bail release conditions. [Continue reading…]

I saw a disturbing headline on BusinessForHome today;

Eric Worre Announced As OmegaPro’s New Official Strategic Coach

OmegaPro, the Dubai-based MLM Ponzi? Oh dear.

Turns out OmegaPro isn’t the only Dubai MLM Ponzi Worre has hitched his Network Marketing Pro wagon to. [Continue reading…]

Other than a few shills running around lying about getting paid, it’s generally accepted that the Hyperverse Ponzi scheme has collasped.

BehindMLM didn’t definitively call the collapse, but we’ve been documenting Hyperverse’s withdrawal problems since January.

Now, something strange is happening.

HyperOne and HyperNation have emerged. And there appears to be an internal struggle over which Ponzi Hyperverse investors will get funneled into. [Continue reading…]

When you visit CBI Global’s website the first thing you’ll see up top is a VASP registration message:

CBI Exchange (Pty) Ltd is a registered Virtual Asset Service Provider registered with the Financial Intelligence Centre (FIC) Namibia – Read our VASP Disclaimer

Instead of registering CBI Global with the BoN, Coenie Botha thought he could pull a fast one.

Turns out Botha was lying about his Ponzi smoke and mirrors too. Shocking. [Continue reading…]

The Prosperity Grid gifting scheme is collapsing.

Rather than just acknowledge math is math and every gifting scheme eventually collapses, The Prosperity Grid participants are being blamed for not recruiting. [Continue reading…]

Paparazzi has secured a preliminary injunction against a former employee and consultants. [Continue reading…]

Staring down the very real prospect of years in prison, on May 4th Infinity2Global defendant Faraday Hosseinipour filed a motion to dismiss.

In her filing Hosseinipour shamelessly claiming she and her fellow promoter defendants have been racially profiled. [Continue reading…]

Two months out from his scheduled trial, Richard J. Anzalone has plead guilty to one Infinity2Global Ponzi fraud charge.

Anzalone is the first of seven criminal defendants to take a guilty plea. [Continue reading…]