Xelius provides no information on its website about who owns or runs the company.

On the “about” section of Xelius’ website, it claims to be “a private innovation company based in Hong Kong.”

To that end a Hong Kong incorporation certificate for Xelius Innovation Limited, purportedly incorporated in January 2021, is provided.

For the purpose of MLM due-diligence, basic incorporation anywhere is meaningless.

Xelius’ website domain (“xelius.me”), was first registered in December 2020. The private registration was last updated on October 27th, 2021.

A visit to the Wayback Machine reveals Xelius’ current website went live on or around January 9th.

This coincides with Alexa first recording traffic to Xelius’ website on the same date.

This suggests the current owners took possession of Xelius’ website domain on or around October 27th.

Additionally supporting this is Xelius’ official YouTube channel being created on December 26th. The company’s official Twitter profile was also created in December.

This further casts doubt on the Xelius Innovation Limited incorporation having anything to do with Xelius the MLM company.

Suggesting Xelius instead has ties to Russia and/or Ukraine, is Xelius’ official Android app being developed by “Ольга-Соломия Туряница”.

This developer doesn’t exist outside of Xelius’ Google Play app page.

As ranked by Alexa, Vietnam (17%), Ukraine (9%) and Egypt (9%) are top sources of traffic to Xelius’ website.

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…]

OmegaPro has received a securities fraud cease and desist from Argentina’s Comision Nacional de Valores. [Continue reading…]

Between me starting coverage of BehindMLM’s content today and wrapping up, Pacer has updated.

Here are the current status details for the EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]

The CFTC has sued scammers behind the EmpowerCoin, ECoinPlus and JetCoin Ponzi schemes.

Defendants Dwayne Golden, Jatin Patel, Marquis Demarking Egerton (aka Mardy Eger) and Gregory Aggesen, stand accused of stealing millions through the scams. [Continue reading…]

Dwayne Golden, Gregory Aggesen, Marquis Demacking Egerton (aka Mardy Eger) and William White have been indicted.

Their indictment pertains to the running of multiple MLM crypto Ponzi schemes. [Continue reading…]

The SEC has sued John Barksdale and his sister JonAtina “Tina” Barksdale over Ormeus Global fraud.

The regulator alleges the Barkdales stole over $124 million through Ormeus Global’s ORME cryptocurrency. [Continue reading…]

John Barksdale has been indicted on securities and wire fraud charges.

Barksdale stands accused of running Ormeus Global, a $70 million dollar Ponzi scheme. [Continue reading…]

Wombia provides no information on its website about who owns or runs the company.

Wombia’s website domain (“wombia.com”), was privately registered on July 16th, 2021.

In an attempt to appear legitimate, Wombia provides a UK incorporation certificate for Wombia Multinational Company Limited.

An MLM company operating or claiming to operate out of the UK is a red flag.

UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.

As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.

Wombia also provides a Nigeria incorporation certificate for Wombia Integrated Resources LTD.

For the purpose of due-diligence, basic incorporation anywhere is meaningless.

Wombia’s marketing videos feature a robo-voice. This is typical of schemes run by non-native English speakers.

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…]

Paymara provides no information on its website about who owns or runs the company.

Paymara’s website domain (“paymara.com”), was first registered in 2014.

The private registration was last updated on March 1st, 2022.

Through the Wayback Machine we can see Paymara’s website domain was for sale. The current owners took possession of it in late 2021.

On Paymara’s official YouTube channel, “Candace Ava Fiorina” is presented as its CEO.

Fiorina doesn’t exist outside of Paymara. It’s the usual Boris CEO affair; an actor, rented office, company flags etc.

Other actors used by Paymara include “Joseph McCareins“:

“Melinda Moret“:

And “Colin Robertson“:

Boris CEO schemes are typically the work of Ukrainian/Russian scammers. Although we have seen a few south-east Asian clones pop up recently.

Nonetheless I was able to tie Paymara to Russian scammers through the company’s “team” page:

As far as I can tell this page isn’t linked off Paymara’s other website pages. That’s probably because it’s full of stolen photos.

One other interesting thing to note is Paymara’s web server is running off Indian time:

It appears Russians hired Indian devs to put Paymara’s website together.

In an attempt to appear legitimate, Paymara provides shell company incorporation details for the US and Canada.

Paymara Global LLC is incorporated in New Jersey. Paymara Global Inc. is incorporated in Canada.

For the purpose of MLM due-diligence, basic incorporation anywhere is meaningless.

Supplementing Paymara’s shell incorporations is a random corporate address in the UK. This appears to be an attempt to lend credibility to the actor playing Candace Ava Fiorina, as she speaks with a British accent.

Alexa currently ranks tops sources of traffic to Paymara’s website as Canada (39%), Vietnam (35%) and Pakistan (8%).

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…]

A few days ago we covered the scammers behind Futures Trade funneling victims into LogicBitInvest.

Since then we’ve seen a number of identical emails sent out to victims of other collapsed schemes. [Continue reading…]