Jas Mathur has sued Travis Bott and Richard Jason Bott over reported Traders Domain Ponzi losses. [Continue reading…]

About a year ago BehindMLM published a list of the top MLM industry figures in the Traders Domain Ponzi scheme.

The data was based of records obtained by Coffeezilla…

…and featured well-known MLM industry figures such as Holton Buggs and wife Earlene Buggs, Mike Sims, Stormy Wellington, Eric Worre and wife Marina Worre and Jack Fallon.

At the time I requested access to the full list from Coffeezilla, which I finally received access to yesterday.

The complete Traders Domain Ponzi investor list contains 9664 entries, many of which are duplicate accounts. The total amount recorded is $3,370,617,110.85.

The data is presented as accurate as of September 20th, 2022.

Traders Domain collapsed towards the end of 2022, dragging down several attached Ponzi schemes with it (OmegaPro is of particular interest to BehindMLM).

Building on the bigger names Coffeezilla provided, today BehindMLM presents the Traders Domain MLM investor master list. [Continue reading…]

Pertamina AI fails to provide ownership or executive information on its website.

Pertamina’s website domain (“vippertamina.top”), was registered with bogus details on August 16th, 2024.

Of note is Pertamina AI’s website domain being registered through the Chinese registrar Alibaba (Singapore).

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…]

Yes Global is a Malaysian MLM company with offices in Ghana. The company operates in the nutritional supplements MLM niche.

Heading up Yes Global we have co-founders YB Leo (CEO), Jonathan Abbey (Director of Africa) and Zims Tee (Director of Asia Pacific).

“Dr. Chan” is also cited as being part of Yes Global’s leadership team (Medical & aesthetic advisor).

In addition to Yes Global, YB Leo also owns Navi Group. Part of Navi Group is Navi Marketing and Natusvincere Consultancy, two Malaysian companies that manufacture white label products.

Curiously, Navi Marketing also claims to have

10 years of experience in developing and designing MLM and affiliate software and system.

Putting two and two together, it appears Leo created Yes Global to sell Navi Group products through.

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

Tedy Teow Wooi Huat (aka Zhang Yufa) pops up in the news every few years.

The charges get bigger and how much Teow is reported to have stolen increases.

Following approval of Teow’s extradition in January 2023, he was finally extradited from Thailand on August 20th. [Continue reading…]

The FBI is seeking information from USI-Tech Ponzi victims.

A questionnaire published on the FBI’s website “is seeking to identify potential victims of USI-Tech”. [Continue reading…]

An investigation by Oklahoma’s Department of Securities resulted in a recommendation Family First Life be issued with a cease and desist. [Continue reading…]

iPhone Mall fails to provide ownership or executive information on its website.

iPhone Mall’s website domain (“iphonemall.vip”), was registered with bogus details on August 3rd, 2024.

iPhone Mall has already attracted the attention of financial regulators. The Central Bank of Russia issued an iPhone Mall pyramid fraud warning on August 21st, 2024.

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…]

Candao operates in the cryptocurrency MLM niche.

The company names two executives on its website; co-founders Pawel Barylski and Robert Wesker.

Pawel Barylski and Robert Wesker both appear to be a random crypto bros from Poland.

Barylski doesn’t appear to have achieved anything significant, which presents itself as a red flag.

Wesker markets himself as a co-creator of Grono, a Polish social media network.

Outside of his own marketing, I couldn’t independently verify Wesker’s “co-creator” claim. Grono launched in 2004 and collapsed in 2012.

Candao’s website domain (“candao.io”), was first registered in 2021. The private registration was last updated on November 9th, 2023.

The MLM side of Candao is run through OnChain Network, set up separately on the domain “onchainnetwork.io”). OnChain Network’s website domain was privately registered on March 26th, 2024.

Of note is Candao providing a Dubai address for “Candao Information Technology LLC” in the footer of its website.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

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 Candao, read on for a full review. [Continue reading…]

Bavarsis has received a securities fraud warning from Australia.

As per the Australian Securities and Investment Commission’s August 22nd warning, Bavarsis [Continue reading…]