A BuddyX Ponzi executive is running for UK parliament.

As uncovered by Hope Not Hate on June 14th, Reform UK has put Barnsley Borough Council member David White as a candidate for Barnsley South.

Outside of politics, White is BuddyX’s Head of Business for the UK and EU. [Continue reading…]

Global Premiers has received a pyramid fraud warning from Russia.

As per the Central Bank of Russia’s June 19th warning, Global Premiers exhibits “signs of a financial pyramid”. [Continue reading…]

The BuddyX Ponzi scheme has collapsed.

As at time of publication, BuddyX’s website domain has been disabled:

Another associated domain, “buddyx.world”, now redirects to “buddyex.com”.

A notice published on BuddyEx’s website advises that BuddyX’s BDYX token has been dumped on Vindax Exchange. [Continue reading…]

Following months of decline and a bungled acquisition of Q Sciences, Awakend has collapsed.

At time of publication Awakend’s website has been scrubbed, leaving visitors in the dark as to what’s going on. [Continue reading…]

Nelo Life has launched their securities and commodities fraud offering as LifeElevate (also referred to as Nelo Trade).

BehindMLM first reported on Nelo Life adding securities and commodities fraud to its MLM offering back in March.

Today we dive deeper, following a rabbit hole that leads us to serial fraudster and wanted fugitive Ed Zimbardi. [Continue reading…]

The Mabcredit Ponzi scheme has collapsed.

As of late last week (approx Thurs or Fri), Mabcredit pulled its website. Attempts to visit the site since now return a “403 forbidden” error.

[Continue reading…]

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

Oscar AI has two known website domains:

1. oscarai.net – registered with bogus details on May 25th, 2024
2. oscarai.top – privately registered on May 19th, 2024 (already abandoned)

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

Despite only existing for a few weeks, Oscar AI falsely claims it was “founded in 2o20”.

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…]

RyseUp operates in the mobile app MLM niche. The company is based out of Germany and headed up by CEO Carsten Marx.

Ryse Up operates in the US through RyseUp Americas Inc., a Wyoming shell company. For some reason RyseUp also seems to have a legal presence in the Netherlands (could tie into its wearable product manufacturing).

Carsten Marx has a marketing background and, as per his LinkedIn profile, an MLM executive history starting with Tahitian Noni in 2000.

Between August 2000 and December 2003 Marx was a Managing Director of Tahitian Noni.

Tahitian Noni was a supplement MLM that launched in 1996. The company would go on to become Morinda in 2012.

Between October 2007 and May 2008 Marx was a Sales Manager at Indirect Sales. I’m not familiar with this company but it sounds like a German company.

Marx returned to MLM in October 2012 as Business Development Manager for StemTech, another nutritional supplement company.

Marx left StemTech in July 2015. StemTech would go on to declare bankruptcy in 2017.

Next up we have what appear to be two shortish term contracts with

1. Rain International – Regional Sales Manager from March 2016 to November 2017; and
2. LifeVantage – Vice President Europe from August 2018 to July 2019

That brings us to Healy World, a German “informational field” MLM company that Marx served as:

• Director of International Development from July 2019 to September 2019; and
• Chief Operating Officer from October 2019 to December 2020

Two other named executives on RyseUp’s website also have ties to Healy. From their respective LinkedIn profiles;

• Klaus-Dieter Hofmann is RyseUp’s Chief Financial Officer, he was Healy World’s Chairman of the Supervisory Board between May 2018 and May 2020
• Stefanie Waehlert is RyseUp’s Chief Experience Officer, she was Healy World’s “interim COO” sometime between January 2017 and March 2020 (presumably before Marx signed on as COO in October 2019)

After a few years at Healy World, Carsten Marx went on to launch RyseUp as a Managing Director and CEO in May 2022.

For all intents and purposes RyseUp is essentially a clone of Healy World’s MLM offering. We’ll get more into that in the conclusion of this review.

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

PEB Express fails to provide ownership or executive information on its website.

PEB Express’ website domain (“pebexpress.io”), was privately registered on January 7th, 2024.

Despite existing for roughly half a year, on its website PEB Express falsely claims it was “established in 2014”.

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…]

Darwin Platform, aka Darwin Group, operates in the “we do everything” MLM niche.

The company operates out of India and has three known website addresses:

1. dprl.in – registered in 2020, private registration last updated on February 15th, 2023;
2. darw1n.in – registered in August 2021, private registration last updated on February 15th, 2023; and
3. darwinpgc.com – registered in April 2010, domain owned by “Darwin” in Mumbai and last updated on October 11th, 2022

Supposedly heading up Darwin Platform is Ajay Harinath Singh:

Oddly enough however, Singh is nowhere to be found on corporate information provided on Darwin Platform’s website.

As per Darwin Platform’s provided “company profile”, the company is run by Directors Parveen Kumar, Kamal Bhargava, Jagdish Prasad and Morris Kinny.

Unfortunately researching Darwin Platform reveals a ton of misleading curated marketing nonsense.

Meanwhile in reality, back in March India’s Enforcement Directorate led raids connected to Darwin Platform.

In late-March, the enforcement directorate (ED) descended upon Darwin Platform group, conducting raids across nine locations in Delhi, Mumbai and Goa seizing cash worth around Rs78 lakh, incriminating documents and foreign currency of Rs2 lakh from the residence of Ajay Harinath Singh and his associates.

The ED alleges transfer of nearly Rs18 crore through layered transactions involving multiple accounts linked to the Darwin group and personal accounts of the Singh family and associates.

The Darwin group also stands accused of being the primary beneficiary of funds routed through Dlehman Rea-IT Trade Pvt Ltd, adding weight to the money laundering charge.

Additional reporting from Money Life details Darwin Platform fraud complaints dating back to 2020.

Going back even further, Darwin Platform attempts to get into insurance back in 2011 prompted a fraud warning from the Insurance Regulatory and Development Authority of India.

Money Life claims it reached out to Singh for comment on its research but never heard back.

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