Hyperverse claims its created “a virtual metaverse comprising of millions of planets”, through which it will allow investors to enter “the age of interstellar migration”.

With that in mind and remembering Hyperverse supposedly has “1000 IT professionals” slaving away 24/7, news of manually approved withdrawal requests is baffling. [Continue reading…]

A December 2020 FXChoice support ticket reveals Johann Steynberg, or someone impersonating him, attempted to access 1282 BTC from MTI’s then seized account.

The ticket also reveals Steynberg evidently had a warped understanding of securities regulation in the US. [Continue reading…]

Two days ago Frank Schneider lost his extradition appeal.

The decision, handed down by the Nancy Appeals Court, provides insight into Schneider’s US indictment. [Continue reading…]

A recent marketing video by promoter Tanya Jennings, has shed light on the flow of bitcoin within CashFX Group. [Continue reading…]

Senexa has received a pyramid fraud warning from Russia. [Continue reading…]

The Nancy Appeals Court has approved Frank Schneider’s extradition.

Following preliminary granting to Schneider’s extradition, he filed an appeal last July.

Schneider’s legal team argued that, if extradited to the US, Schneider would be denied “fundamental rights”.

The Nancy Appeals Court rejected this argument. [Continue reading…]

Following EmpiresX’s collapse late last year, the company has announced it’s shutting down.

The announcement was made via a communication sent out to investors in the last 24 hours.

One immediately concern the EmpiresX’s announcement raises is potential identity theft. [Continue reading…]

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

FastBNB’s website domain (“fastbnb.io”), was privately registered on October 6th, 2021.

Further research reveals affiliates citing Biman Das as the creator of FastBNB.

Das was tied to YoCoin. BehindMLM reviewed YoCoin in 2016 and identified it as a shitcoin pump and dump scam.

At the time of publication YoCoin hid its executive’s details. This was later changed, revealing Das was Vice President of the company.

At some point (or possibly from the beginning), Das began crediting himself as YoCoin’s CEO.

YoCoin is believed to have collapsed by the end of 2016.

Based on his LinkedIn profile, Biman Das is based out of West Bengal in India.

Alexa currently ranks top sources of traffic to FastBNB’s website as India (13%), Canada (10%) and Vietnam (9%).

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…]

BehindMLM first came across NXR Global when we reviewed Lifestyle Connections in 2020.

Lifestyle Connections is marketed as being “powered by NXR Global”, presumably yet another company owned by Bremner.

“Bremner” refers to David Bremner, who together with Bob Bremner and other relatives, ran vStream TV and IXQ TV.

The MPA shut down IXQ TV in late 2019.

That led us to Lifestyle Connections’ launch on or around early 2020.

Lifestyle Connections’ website is still up but traffic is negligible.

Another Bremner family company launch was Pyur Global in 2016.

Pyur Global marketed a range of nutritional supplements and an “iHeart Device”.

In April 2019 Pyur Global was rebooted as Pyur Life.

The reboot saw victims of the Noble 8 Revolution Ponzi cycler, most of whom were elderly, funnelled into the company.

At time of publication Pyur Life’s website was non-responsive.

NXR Global’s website domain (“nxrglobal.com”), was privately registered on November 2nd, 2021.

In a February 2020 update to our Lifestyle Connections review, I noted the use of “nxrglobal.com”.

It appears the domain has now been rebooted as a standalone opportunity.

NXR Global’s website uses the same design template as Lifestyle Connections.

The Bremners’ ownership of NXR Global is not disclosed anywhere on the company’s 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…]

Epic Trading has received a pyramid scheme warning from the Philippines.

As per the Philippine SEC’s 19th January notice;

What makes EPIC TRADING appealing to the public is not the business of foreign exchange but the chance to earn weekly and monthly referral fees from recruitment of up to $1,000,000.00.

An IBO is entitled to receive income in accordance with the EPIC Compensation Plan, which is basically a typical pyramiding cum Ponzi scheme i.e. the more recruits, the higher the compensation.

BehindMLM reviewed Epic Trading in September 2020. We identified disclosure issues and the potential for pyramid recruitment. [Continue reading…]