An attorney representing several individuals with claims against OneCoin, has petitioned the Bulgarian government. [Continue reading…]

InCruises has received a pyramid scheme warning from Russia. [Continue reading…]

EURid has taken action against a few of OneCoin’s more prominent website domains.

Affected domains include Onecoin, OneLife, OneAcademy and OneEcosystem. [Continue reading…]

Plaintiffs in the Premier Financial Alliance pyramid fraud case have been granted California-specific class certification. [Continue reading…]

The DOJ has announced “approximately $56 million” in cryptocurrency obtained from Glenn Arcaro will be liquidated.

Proceeds are to be distributed to BitConnect victims. [Continue reading…]

5 Billion Sales provides no information on its website about who owns or runs the company.

5 Billion Sales’ website domain (“5billionsales.com”), was registered on May 25th, 2021.

The private registration was last updated on October 29th.

5 Billion Sales provides a UK virtual address in their “affiliate terms”. This is meaningless.

Whoever is running 5 Billion Sales is doing so through Telegram.

At the time of publication Alexa ranks top sources of traffic to 5 Billion Sales’ website as the US (17%), Egypt (8%) and Mexico (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…]

Gift Of Legacy fails to provide company ownership information on its website.

In fact as I write this, Gift Of Legacy’s website is nothing more than a video placeholder with a launch timer.

The company however is being actively marketed on social media.

Gift of Legacy’s official YouTube channel was created in January 2021.

Videos started to appear on the channel a month ago. Those featured in the videos mostly have South African accents.

The first webinar was streamed on Gift Of Legacy’s YouTube channel on October 12th.

Ringleaders running the show are Chris Hattingh and Candice Donadel.

Chris Hattingh is a former Mirror Trading International promoter.

Mirror Trading International was a South African Ponzi scheme that collapsed in October 2020.

South African authorities confirmed a Mirror Trading International investigation in December 2020. Almost a year later nothing has publicly come of it.

Candice Donadel used to run a hair salon. Now she thinks she’s an “earth wizard” and posts whacky conspiracy theories on social media.

In a May 2021 marketing video for Elite Inc., Donadel explains what happened;

[0:30] I went through a lot of staff because nobody got as busy as I did. And I just wasn’t in a happy space.

And then one day I slipped in the salon and completely hurt my back. I was rendered absolutely useless.

So I had three weeks off where I couldn’t do any hair … and that’s how I found out about Niel’s course – just from being flat on my back and looking on FaceBook.

Donadel fell down the Facebook boomer conspiracy rabbit hole, Elite Inc. didn’t work out and here we are with Gift Of Legacy.

Despite appearing to be in prelaunch, in a recent November 11th Gift Of Legacy webinar, presenter Petra Laranjo claims she was recruited by Angela Kilian in January 2021.

Later in the webinar Petra references a “precursor program from 2009”.

This piqued my interest but I wasn’t able to link anything conclusively.

In any event, it’s clear Gift Of Legacy has already launched and was actively recruiting as early as January 2021.

Update 17th November 2021 – Gift Of Legacy’s precursor was Kindred Hearts.

Chris Hattingh claims Kindred Hearts was being run by an anonymous eighty-three year old woman from America.

Hattingh and Donadel claim Belinda Bryandt was their contact at Kindred Hearts.

Bryandt allegedly booted Hattingh and Donadel out of Kindred Hearts because they weren’t from the US.

Gift Of Legacy’s website domain was registered in July 2021.

Chris Hattingh and Candice Donadel announced Gift Of Legacy’s launch on September 28th.  /end update

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

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

GainBTT’s website domain (“gainbtt.io”), was privately registered on May 24th, 2021.

In an attempt to appear legitimate, GainBTT’s provides basic UK incorporation details for GainBTT LTD.

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.

Alexa currently ranks top sources of traffic to GaintBTT’s website as India (36%) and Sri Lanka (31%).

There’s a high probability whoever is running GainBTT is from one or both of these countries.

The language GainBTT’s website would appear to support this:

GainBTT is a best experienced people’s community where they can build social plateform and gives best opportunity to you & your career.

GainBTT also uses the term “crores” in its marketing:

A crore denotes ten million. The denomination is predominantly used in India but is also common in surrounding countries.

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…]

WorldVentures has settled its litigation against Seacret Direct and Eddie Head.

The MLM company, currently in middle of bankruptcy proceedings, filed suit against the parties earlier this year. [Continue reading…]

The Viseming Ponzi scheme has collapsed.

As of a few hours ago the scheme’s website began returning a “404 not found” error. [Continue reading…]