Following his arrest and announced extradition from the Dominican Republic last week, Generation Zoe Ponzi scammer Leonardo Cositorto has touched down in Argentina…

…where he immediately developed a sudden onset of high blood pressure requiring hospitalization. [Continue reading…]

Blockchain transactions suggest CashFX Group is making fake selective withdrawal payments to top investors. [Continue reading…]

Dave and Barb Pitcock have settled the lawsuit Youngevity filed against them.

Details of the settlement have not been made public. [Continue reading…]

Coenie Botha is funneling CBI Global investors into the GSPartners Ponzi scheme.

The move follows the Bank of Namibia freezing Botha’s business and personal accounts last month. [Continue reading…]

Quwiex has received a securities fraud warning from New Zealand’s Financial Markets Authority.

In response to being busted, Boris CEO George Bennet has announced Quwiex Global rebranding. [Continue reading…]

A report from the Centre of Information Resilience has tied Prizm and founder Aleksey Muratov to Donetsk separatism in Ukraine.

As per their website, the Centre for Information Resilience is [Continue reading…]

LoveWinx was founded in California in 2014. The company operates in the intimacy MLM niche.

LoveWinx provides extremely limited corporate information on its website. Jaime Lamp is identified as LoveWinx’s President.

Instead of providing a corporate bio however, LoveWinx attributes Lamp with a generic corporatey statement:

There is a distinct lack of information pertaining to Lamp’s role within LoveLinx out in the wild. This is from a 2016-2017 product catalog;

Jaimie Lamp has over a decade of experience within the direct selling industry.

LoveWinx affiliates cite Lamp as founder of the company. To independently verify both claims I had to look up a 2014 court case filed by Pure Romance.

Jaime Lamp … is the president, chief executive officer, and co-founder of Lovewinx Inc. – a corporation intended to compete directly with Pure Romance in the sale of intimacy products.

On January 19, 2014, Lamp became an independent consultant for Pure Romance, following Pure Romance’s acquisition of the company for which Lamp was previously an independent contractor, Slumber Parties, Inc.

Slumber Parties also sold similar intimacy products.

Lamp and other former employees and consultants of Slumber Parties have created LoveWinx, relying in critical part on Pure Romance’s trade secret information and its vendor and consultant relationships.

At the time Pure Romance sought relief

as a result of LoveWinx’s unlawful misappropriation of trade secrets and other confidential and proprietary business information, breach of contract, civil conspiracy, and tortious interference with Pure Romance’s business relationships.

unlawful misappropriation of trade secrets and other confidential and proprietary business information

In October 2014 Pure Romance’s lawsuit was settled via a mutually agreed upon injunction.

The injunction prohibited LoveWinx and Lamp from using Pure Romance’s trade secrets, confidential information and Policies and Procedures documentation.

The LoveWinx defendants were also barred from soliciting Pure Romance employees and affiliates, pursuant to any agreements with the company.

The settlement detailed a specific list of companies and individuals, that LoveWinx was prohibited from soliciting until after August 2015.

I was able to verify Jaime Lamp was a Slumber Parties affiliate as far back as 2008.

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

An MLM promoter has been murdered in India’s Utter Pradesh.

His murderer claims the promoter was hounding him with phone calls “several times a day”. [Continue reading…]

Qtrade fails to provide corporate ownership and executive information on its website.

In an attempt to appear legitimate, Qtrade represents it is incorporated as Qtrade Limited in St. Vincent & the Grenadines.

St. Vincent & the Grenadines is a dodgy jurisdiction in the Caribbean. MLM companies typically incorporate in dodgy jurisdictions to avoid regulators.

Any MLM company representing it is incorporated in St. Vincent & the Grenadines raises an automatic red flag.

Raising further questions is Qtrade’s official FaceBook page, which is managed from two locations in Jordan.

Jordan isn’t on the same tier as St. Vincent and the Grenadines, but it isn’t a jurisdiction known for active MLM regulation.

Qtrade has an official YouTube channel on which marketing videos featuring Jad Natour are uploaded.

Natour’s last Qtrade marketing video is dated December 2021.

On LinkedIn Natour cites himself as a Financial Analyst for Qtrade.

On this profile Natour is purportedly from Lebanon, Qtrade is based out of Dubai (the MLM scam capital of the world), and he’s hashtagged Jordan in a shared post.

On Twitter Jad Natour represents he is based out of Saudi Arabia:

On FaceBook Natour recently posted a photo geotagged in Jordan:

I’m going to go out on a limb here and suggest Natour is running Qtrade out of Jordan. Whether he’s working alone or with others is unknown.

Qtrade’s website domain (“qtradeltd.com”), was privately registered on January 5th, 2021.

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…]

Following the arrest of its Spanish leaders, IM Mastery Academy has attempted to distance itself.

The reason appears to be money, with IM Mastery Academy boasting a sold out event in Barcelona this weekend. [Continue reading…]