The Traffic Monsoon Receiver has announced she’s stopped pursuing the sale of Charles Scoville’s UK flat. [Continue reading…]

A defamation lawsuit filed in an Ohio County Court reveals BlackOxygen Organics had a culture of lies and deception. [Continue reading…]

Zeniq Technologies has received a securities fraud warning from Dubai.

No, that’s not a typo. [Continue reading…]

As part of WorldVentures bankruptcy proceedings, Wayne Nugent is required to hand over ‘passwords to certain internet domains that belong to’ parent company Spherature Investments.

He hasn’t, prompting the Liquidating Trustee to file for contempt. [Continue reading…]

Haojia Miao has pled guilty to one count of wire fraud.

Miao (aka Haljia Miao and Stan Miao), is part of Kristijan Krstic’s Ponzi empire. He was arrested in California in October 2020. [Continue reading…]

The CFTC has been denied summary judgment against Alan Friedland (right).

The Compcoin fraud case continues towards trial, now scheduled for January 31st, 2022.

The CFTC moved for summary judgment against Friedland back in July.

In their filing, the CFTC argued there was “no genuine issue of these material facts” in the case. [Continue reading…]

On December 15th, Mark Scott finally filed his case for a OneCoin retrial.

Scott was convicted in November 2019 and seeks to overturn his conviction.

Arguments raised by Scott in favor of a retrial focus on two instances perjury by witness Konstantin Ignatov, and how the perjury allegedly impacted the jury’s guilty verdict. [Continue reading…]

Validus popped up on my radar as a result of its recent acquisition of AuLives.

AuLives being a Ponzi scheme, launched by former OneCoin scammers in mid 2018.

At time of publication Alexa ranks traffic to AuLives’ website as “N/A”, i.e. too small to measure.

What we take away from this is AuLives collapsed some time ago. AuLives’ official Facebook page was abandoned in November 2019.

What Validus in fact purchased was the AuLives affiliate investor database.

One last cash grab by AuLives founders Parwiz Daud and Mansour Tawafi.

There’s no mention of Parwiz Daud on Validus’ website or social media channels.

Frank Ricketts signed on for a brief stint as CEO of AuLives. Ricketts is currently on trial for OneCoin money laundering in Germany, so there’s no mention of him either.

Mansour Tawafi however has signed on as Validus’ “new VP of sales”.

Wait a minute… pre-launch call?

Validus’ website domain was registered on June 15th, 2021. The company created its official Facebook page on June 16th.

There’s nothing “prelaunch” about Validus. The company has been marketing for seven months.

About a month after it launched, Validus featured its CEO in a marketing video. A month later, in August, the CEO was introduced as “Howard Friend”.

Friend has a finance marketing history. Validus appears to be his first MLM gig.

Evidently Friend’s finance career didn’t work out. So he relocated to Dubai and here we are with Validus.

I’d be very surprised if Friend was actually behind Validus.

Update 3rd February 2022 – Parwiz Daud has crawled out of Dubai’s shadows. He’s appointed himself Validus’ Chief Network Officer.

Seeing as Daud part owns the company not sure why the facade but hey. It is what it is. /end update

Alexa currently ranks Nigeria as the only notable source of traffic to Validus’ website (93%).

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

After announcing a December 10th launch deadline that came and went, Hyperverse has delayed launch of its NFT Ponzi game until Q1 2022.

Rather than make the announcement themselves, owners Ryan Xu and Sam Lee had “community presenters” announce the delay. [Continue reading…]

Algotech was a Ponzi scheme that surfaced a few months ago.

The scam didn’t last long before it collapsed. At time of publication Algotech’s website has been disabled.

Before it was pulled, here’s what the footer of Algotech’s website looked like:

Here’s what the footer of WinWheel’s website looks like today:

Presumably former Algotech affiliates are also promoting WinWheel as a reboot of the company:

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

WinWheel’s website domain (“winwheel.com”), was first registered in 2013.

The private registration was last updated on November 10th, 2021. This is the assumed date the current owner(s) took possession of the domain.

As revealed in BehindMLM’s Algotech review, the company was owned by Klas Magnus Nilsson.

Nilsson likely owns or at least part owns the WinWheel reboot.

If Algotech’s Master Distributor Daniel Grenon is still on board, that’s being kept under wraps.

In Grenon’s place we now have Staffan Liback fronting WinWheel.

Liback is working with the Steinkeller brothers and Simon Le.

Liback, the Steinkeller brothers and Le are all notorious OneCoin Ponzi scammers.

A few months before Ruja Ignatova disappeared, the Steinkeller brothers abandoned their 2.5 million euro a month OneCoin position.

They left the position in the hands of Staffan Liback, who promptly tanked it (OneCoin collapsing in January 2018 didn’t help).

Having fled to Dubai, the MLM scam capital of the world, the Steinkellers maintained a low profile for a few years.

In mid 2019 they resurfaced with Planet Impact. Today Planet Impact is no more.

Staffan Liback’s departure was in stark contrast to the Steinkeller brothers. Liback slunk away and lay low in Thailand.

In 2019 Liback resurfaced alongside OneCoin money launderer Frank Ricketts, to front the Cloud Horizon Ponzi scheme.

Liback is believed to have cashed out and ditched Cloud Horizon in late 2020.

In December 2020 Liback was promoting OmegaPro, another MLM Ponzi scheme. He was also an original Algotech promoter.

Simon Le, one of OneCoin’s top earners (he pillaged south-east Asia), also quietly slunk away to Vietnam after the Ponzi collapsed.

In early 2020 Le launched his own OneCoin clone, OneLink.

OneLink lasted a few months before Le rebooted it as Global Sponsorship Network.

Le has rebooted Global Sponsorship Network three or four times now. It seems he’s finally given up and is now looking to funnel what’s left of his SEA following into WinWheel.

Overseeing Liback, the Steinkeller brothers and Le is Nigel Allan.

In one WinWheel marketing video, Liback states;

Today I will introduce to you one of the absolute reasons for us being on this call.

I know that this gentleman … Mr. Nigel Allan, has been introducing Connect to us.

Without him and his connection to it, we would not get this opportunity.

We’ll get into Connect in the conclusion of this review.

Nigel Allan served as President of OneCoin very early on.

Before OneCoin Allan fronted the Brilliant Carbon scheme. Allan either cashed out or was fired from OneCoin, it depends who you ask.

After OneCoin Allan positioned himself as Master Distributor for the Crypto888 Club Ponzi scheme.

In our published Crypto888 Club review, we suspected Allan was behind the scam.

After Crypto888 Club collapsed in early 2016, later that same year he launched Power On Network.

Power On Network saw Allan return to the “environmental” scam model pre OneCoin, this time with cryptocurrency.

Power On Network collapsed in mid 2017.

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…]