Trevon James Brown’s BitConnect settlement conference has been delayed till April 2025. [Continue reading…]

Holton Buggs has been sanctioned for failing to cooperate with the Traders Domain Receiver.

As detailed by the Receiver in his February 5th Second Report; [Continue reading…]

Prime University fails to provide ownership or executive details on its website.

In fact Prime University explicitly hides information about itself, having disabled its website domain:

It goes without saying that any MLM company that engages in this practice is likely doing so to cover up fraud of some sort.

To access Prime University, promoters and potential recruits have to visit two subdomains; “hub.prime-university.com” and backoffice.prime-university.com”.

Both subdomains act as log-in gateways for Prime University affiliates.

For reference, Prime University’s “prime-university.com” website domain was privately registerd on May 2nd, 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…]

Manifest has received a securities fraud warning from the UK’s Financial Conduct Authority (FCA).

Citing Manifest by its parent UK shell company Manifest Ventures Ltd., the FCA’s January 29th warning states; [Continue reading…]

AK USD fails to provide ownership or executive information on its website.

AK USD’s website domain (“akzuozhu-usd.com”), was registered with bogus details on January 22nd, 2025.

Of note is AK USD’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…]

CoopC, aka CUIR (cooperative universal income replacement), fails to provide ownership or executive information on its website.

CoopC’s website domain (“coopc.com”), was first registered in August 2013. The private registration was last updated on December 19th, 2022.

Further research reveals David Rosen promoting CoopC on social media:

Rosen, a Canadian resident, first popped up on BehindMLM’s radar in 2015, as founder of the PIE 24/7 pyramid scheme.

In early 2018 Rosen launched Cooperative Crowdfunding, a matrix-based gifting scheme. This was followed by 50/50 Crowdfunding in late 2018.

In late 2019 Rosen rebooted 50/50 Crowdfunding as CoopCrowd.

After the first iteration of CoopCrowd collapsed, Rosen launched Coop5050 in late 2020.

Coop5050 began to collapse in late 2021, prompting Rosen to announce a CoopCrowd reboot.

CoopCrowd 2022 launched in early 2022 and collapsed mid-year.

In early 2023, Rosen launched CoopBusiness, a 3×10 matrix based pyramid scheme.

CoopBusiness lasted a few months, prompting Rosen to launch Coop20 in August.

Coop20 collapsed after a few months and was rebooted as CoopInc for 2024.

Today CoopInc’s website is no longer accessible, confirming it collapsed sometime in 2024.

Towards the end of 2024, Rosen began promoting CoopC for 2025.

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…]

Payza’s Firoz Patel has been sentenced to 41 months in prison for obstruction (~3 years and 5 months). [Continue reading…]

Wanted fugitive Vladimir “Lado” Okhotnikov has rebranded his collapsed Meta Force Ponzi as Holiverse. [Continue reading…]

Jason Cardiff has been declared a fugitive on the run from US authorities.

The court’s declaration follows a February 4th ex-parte motion from the DOJ, seeking fugitive status and an arrest warrant.

In its February 5th order the court advised “an arrest warrant will issue”. [Continue reading…]

Thailand has cut power, internet and petrol supplies to Chinese scam factories operating near its Myanmar border.

While I’d like to report Thailand is finally acting to address years of rampant financial fraud, unfortunately it’s just trying to protect tourism. [Continue reading…]