Quwiex provides no credible ownership or executive information on its website.

A visit to Quwiex’s official YouTube channel reveals this actor playing CEO “George Bennet”.

The actor playing Bennet speaks with an eastern European accent. He is a solid Boris CEO candidate.

The marketing video itself is the usual affair; rented office, actors, Quwiex branded mugs and flags – you know the drill.

As opposed to your typical Boris CEO, the actor playing Bennet might actually be in on the scam.

Update 2nd May 2022 – There was a link to a Quwiex webinar being hosted by Bennett here.

As at the time of this update, Quwiex has deleted that video. As a result I’ve disabled the previously accessible link. /end update

Boris CEO schemes are typically the work of Russian or Ukrainian scammers. Over time they’ve become less effective with potential English speaking victims.

To that end Alexa ranks top sources of traffic to Quwiex’s website as Algeria (28%), Egypt (16%) and Vietnam (15%).

In an attempt to appear legitimate, Quwiex represents it is based out of New Zealand.

The New Zealand address provided on Quwiex’s website belongs to Regus, a virtual office merchant.

Needless to say Quwiex has no ties to New Zealand.

This can be additionally verified through Quwiex’s Christmas video.

The video features Bennet edited into a Zoom call. He then reads off a script, standing in front of a green screen office Christmas party.

More importantly, the video was shot somewhere in the northern hemisphere and features a snowy landscape.

New Zealand is in the southern hemisphere. It is well into summer by the time Christmas rolls around.

The car in Quwiex’s Christmas video has Norwegian plates. Note however that these are easily faked. We saw this with Viseming, another Boris CEO scam that collapsed late last year.

Quwiex’s website domain (“quwiex.com”), was registered on September 15th, 2021. George Bennet is listed as the owner, through the Regus virtual office address in New Zealand.

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…]

EminiFX fails to provide company ownership or executive information on its website.

EminiFX’s website domain (“eminifx.com”), was registered on September 20th, 2011, through an incomplete address in New York.

This would appear to synch with the New York street address provided on EminiFX’s website.

Given that address has nothing to do with EminiFX (it’s a multi-story building EminiFX definitely does not own), the domain registration details are likely also bogus.

The one marketing video EminiFX has is stock footage with a non-native English speaking voiceover.

I did find some fake EminiFX employee profiles on LinkedIn. Not worth mentioning or going into detail, they’re dead ends.

Alexa ranks the US as the only significant source of traffic to EminiFX’s website (94%).

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…]

Thailand’s Anti-Money Laundering Office is accepting victim claims against OneCoin and co-founder Sebastian Greenwood. [Continue reading…]

After stumping for a Ponzi supporter hoping to enter the senate, Leonardo Cositorto has turned up at a Colombian luxury resort.

Cositorto is currently wanted by Interpol on an international arrest warrant. [Continue reading…]

Ongoing Receivership issues with the IRS are holding up distribution payments to USFIA victims. [Continue reading…]

Two “cybersecurity experts” helping police investigate GainBitcoin have been arrested.

Pune Police allege the two investigators “duped Police and transferred crypto worth INR 20 Cr into their own accounts” ($2.6 million USD). [Continue reading…]

Thailand’s Anti-Money Laundering Office has seized OneCoin related assets belonging to Sebastian Greenwood.

AMLO claims to have seized gold bullion and funds held in two bank accounts. [Continue reading…]

Lyoness has received another cease and desist from the Norwegian Lottery Board. [Continue reading…]

CBI Global has collapsed for a third time, marking owner Coenie Botha’ fourth Ponzi collapse.

Rather than just admit he’s spend invested funds, Botha is sticking to his regulatory coverup. [Continue reading…]

COTP stands for “Cryptos OTC Trading Platform”. It’s an MLM company that operates in the crypto niche.

COTP provides no credible company ownership or executive information on its website.

Instead COTP provides made-up executives represented by stock photos:

Despite COTP’s CEO being “Jane Jenny” above, COTP’s sole marketing video presents another CEO actor:

COTP can’t seem to get their lies straight though. Dariush’s script calls for him to introduce himself as COTP’s “Technical Director”.

In an attempt to appear legitimate, COTP provides a FINCEN certificate for an MSB registration.

These are typically applied for by offshore scammers using bogus details. In this case COTP has used a shell company incorporation in Colorado.

Cryptos OTC Trading Platform was incorporated with bogus details on 14th October, 2021.

For reference, Feng Yan is cited as the company owner. This person likely doesn’t exist.

The address used to incorporate COTP in Colorado, which also appears on their MSB registration, belongs to an unrelated mail forwarding service (i.e. virtual address).

For the purpose of MLM due-diligence, basic incorporation and anything from FINCEN is meaningless.

Perusal of COTP’s website source-code reveals the site is designed with Chinese in mind:

This strongly suggests whoever is running COTP is based out of or, at the very least, has ties to China or a neighbouring country.

Alexa currently ranks the US as the only notable source of traffic to COTP’s website (25%).

COTP runs two websites on the domains “cotps.com” and “cotps.net”.

COTP’s .COM domain was first registered back in 2019. The domain was purchased by its current owner(s) on February 8th, 2022.

COTP’s .NET domain was first registered on October 2nd, 2021. The registration was last updated with an incomplete address in Singapore on February 9th, 2022.

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…]