Candao Review: NFT grift CDO token staking Dubai Ponzi
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:
- If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
- 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 securities fraud warning from Australia
Bavarsis has received a securities fraud warning from Australia.
As per the Australian Securities and Investment Commission’s August 22nd warning, Bavarsis [Continue reading…]
Auratus Gold securities fraud warning from Australia
Auratus Gold has received a securities fraud warning from Australia.
As per the Australian Securities and Investment Commission’s August 22nd warning, Auratus Gold [Continue reading…]
BigWhale: Fifth Mavie Global Ponzi spinoff
BigWhale is the fifth spinoff of the Mavie Global Ponzi scheme.
BigWhale sees Mavie Global come up with a “crypto launchpad” ruse.
MetaPlatforms Review: Stolen identity “click a button” Ponzi
MetaPlatforms fails to provide ownership or executive information on its website.
MetaPlatforms’ website domain (“meta5218.com”), was registered with bogus details on August 2nd, 2024.
Of note is MetaPlatforms’ 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…]
Aladdin Royal Review: Telegram Ponzi bot
Aladdin doesn’t have a website. It runs as a bot on Telegram:
Telegram is a messaging platform synonymous with fraud.
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…]
Aqua Marine Club Ponzi collapses, blames Binance
Aqua Marine Club, aka AMC Global, has collapsed.
Withdrawals have been disabled and in an update sent out on August 20th, Binance is being blamed.
Rather than just admit AMC Global collapsed, the scammers behind the Ponzi scheme claim their [Continue reading…]
$160 million tracked across Andreas Szakacs’ seized devices
Turkish authorities have tracked around $160 million across electronic devices seized from Andreas Szakacs.
The first details since Szakacs’ arrest on July 10th have been reported by Turkish media. [Continue reading…]
AI Robots Review: Task-based “click a button” Ponzi
AI Robots fails to provide ownership or executive information on its website.
AI Robots has three known website domains:
- ai-robots.cc – privately registered on July 24th, 2024
- ai-robots.vip – privately registered on July 24th, 2024
- airobot888.com – registered with bogus details on August 7th, 2024
Of note is AI Robot’s third website domain being registered through the Chinese registrar Alibaba (Singapore).
AI Robots has already attracted the attention of financial regulators. The Central Bank of Russia issued an AI Robots pyramid fraud warning on August 20th, 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…]
Content Marketing Pros Review: Steven Rachel’s gifting scheme
Content Marketing Pros fails to provide ownership or executive information on its website.
At time of publication Content Marketing Pros’ homepage is a “coming soon…” placeholder:
This is deceptive, as Content Marketing Pros landing pages are active:
On said landing pages we find Steven Rachel. On YouTube, Rachel cites himself as a “co-founder of Content Marketing Pros”.
Circa 2022 Rachel was promoting Xifra Lifestyle:
Xifra Lifestyle collapsed in mid 2022. The Decentra Universe reboot was short-lived and didn’t go anywhere.
There might be some overlap here with Xifra Lifestyle, but since 2022 Rachel has promoted:
- MWR Financial (pyramid scheme)
- Zeus’ Bounty (MLM crypto Ponzi)
- Aluva (MLM crypto securities fraud)
- Infinity Processing System (cash gifting)
- MyEcon (credit repair)
- ResClub (real-estate securities fraud)
- LiveGood (suspected pyramid scheme)
- GoFinity (supplements)
- Eaconomy (securities and commodities fraud)
- My Traffic Powerline (pyramid scheme)
- Internet Income System (cash gifting)
- Nexus Rewards (pyramid scheme)
About a year ago Rachel jumped on the AI marketing bandwagon…
…this brings us to Rachel launching Content Marketing Pros.
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…]
