France has added as second OmegaPro related website to its fraud blacklist. [Continue reading…]

I’m not 100% on the specifics but there’s been a procedural change regarding Mining Capital Coin’s preliminary injunction.

Back on May 10th the case docket reflected a preliminary injunction hearing was schedule for May 19th.

Instead, a “report and recommendation” (R&R) was filed by a Magistrate Judge on May 18th.

The good news is the filing recommends a preliminary injunction be granted. [Continue reading…]

After four days of waiting for “number to go up”, the scammers behind Swapnex have given up and pulled the plug.

I’m not sure why, but they’re also trying to pin the blame on COTP. [Continue reading…]

Xifra Lifestyle has collapsed. Investors report withdrawals problems beginning late April.

Now the Ponzi scheme is purportedly gearing up to reboot as Decentra. [Continue reading…]

My Trader Coin, Now Mining and the scammers behind it have been fined for securities fraud by Arizona’s Corporation Commission. [Continue reading…]

Xifra Lifestyle has been fined $985,820 MXN for securities fraud violations in Mexico. [Continue reading…]

My Daily Choice, Arieyl and its “launch team” distributors have reached a settlement.

The settlement resulted in a stipulation of voluntary dismissal filed on May 17th.

On May 18th the court granted the stipulation, bringing My Daily Choice’s lawsuit to an end. [Continue reading…]

Andre Vaughn’s Feb 2022 Chapter 7 bankruptcy has resulted in a settlement agreement with Youngevity. [Continue reading…]

HyperTech co-founder Sam Lee, on the run from liquidators in Australia, is purportedly holding meetings in Dubai.

Lee and various scamlords are plotting the launch of HyperOne. They’re aiming to get smaller scammers and victims under them on board. [Continue reading…]

Spellbound, aka The Spellbound Co, operates in the personal care MLM niche.

Spellbound’s website represents the company is based out of the UK…

This website and our communications are created for access in the UK.

…but no specific corporate address is provided.

Spellbound initially launched in late 2020. In mid 2021 the company went through a “relaunch”:

Then in March 2022, Spellbound relaunched again;

As of 25/03/2022 at 8pm, we are extremely excited to announce that Spellbound has become the UK and Northern Ireland’s newest Direct Sales company!

After years of experience and passion behind our incredible products as well as a successful affiliate pilot programme, we invite you to join as a Spellbound Ambassador, share these luxury products and participate in our outstanding career plan.

Spellbound’s third iteration is the MLM company we are looking at today.

Heading up Spellbound are mother and daughter team Caroline Ray and Chanelle Fry.

Caroline Ray doesn’t appear to have any MLM experience, at least not recently. Ray’s Spellbound corporate bio credits here with

a long, successful career in education and (she) previously worked in media.

Chanelle Fry made a name for herself in PlanNet Marketing, a travel MLM opportunity she marketed under “The Travel Tribe”.

Fry also incorporated coaching into her MLM business, marketing herself

It’s no secret that COVID-19 obliterated the travel industry worldwide in 2020.

In late 2020, as the COVID-19 pandemic continued to wreak havoc across the world, Fry attempted to resuscitate her travel business with an “Ignite 2020” marketing campaign.

That would turn out to be premature, prompting a direction change with Spellbound circa November 2020.

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