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

IX Inversors operates from two website domains; “ixinversors.net” and “ixinversors.world”.

IX Inversors’ .NET domain was privately registered on March 20th, 2021. The .WORLD domain was privately registered on May 5th, 2021.

IX Inversors’ website defaults to Spanish. The company’s marketing videos are also predominantly in Spanish.

Further research reveals IX Inversors marketing videos citing Alexander Hernandez as founder and CEO of the company.

Due to the name being common and suspected language-barriers, I was unable to establish Hernandez’s MLM history.

IX Inversors marketing appears to primarily target South America.

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…]

TheClub.Travel, one of the more awkwardly named MLM companies I’ve come across, provides no corporate ownership or management information on its website.

TheClub.Travel’s website domain (“theclub.travel”), was privately registered on July 26th, 2021.

Further research reveals Jonathon McKillip citing himself as CEO of TheClub.Travel on Facebook:

McKillip made a name for himself as WorldVentures’ Global Sales President.

In 2016 Malaysia went after WorldVentures for violating tourism laws. McKillip defended the company, inadvertently admitting WorldVentures was a pyramid scheme.

Our product is not travel packages. Our product is merely the (WorldVentures) membership.

McKillip resigned from WorldVentures in December 2017. He signed on as President of MaVie in January 2018.

In June 2018 McKillip was a named defendant in WorldVentures’ lawsuit against Ariix and MaVie.

The litigation pertained to unfair competition alleged against Ariix, MaVie, McKillip and several former WorldVentures employees.

In July 2018 an injunction was entered against McKillip, barring further use of confidential information obtained from his WorldVentures employment.

In late 2019, it emerged prosecutors in Taiwan had filed criminal charges against WorldVentures.

Taiwanese prosecutors alleged WorldVentures was a “classic pyramid scheme”. Then President Eddie Head and McKillip were named as defendants.

To the best of my knowledge neither Head or McKillip defended the charges.

McKillip left Mavie in December 2019. In February 2021 he was appointed President of Hapi Travel.

Parent company Elevacity Holdings, now The Happy Co., eventually launched Hapi Travel as Hapi Travel Destinations in October 2021.

Jonathan McKillip wasn’t part of the company. As per McKillip’s LinkedIn profile, he left Hapi Travel in August 2021.

That brings us to the launch of TheTravel.Club, McKillip’s own travel MLM company, on or around August 2021.

That’s not a typo. McKillip left Hapi Travel and launched TheClub.Travel in the same month.

Why McKillip isn’t featured on TheClub.Travel’s website is unclear.

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

Hyperverse affiliate investors are flooding official support channels with reports of withdrawal failures.

Other affiliates are claiming HDAO is working for them. [Continue reading…]

Matrix Pro Leads cites itself as “a division of Print Buyers Club Inc.”.

Print Buyers Club is a Florida corporate. Both it and Matrix Pro Leads are owned and operated by CEO Billy Hayes.

Specifically, Matrix Pro Leads claims to be

an emergent of Print Buyers Club Inc, a West Palm Beach, Florida based network marketing tools provider with over 12 years of experience in delivering world-class service in the multi-level, business opportunity, and network marketing industry.

Print Buyers Club operates as Print Founders and has its own website up.

Print Founders’ website states the company provides “tools designed to explore your business”.

In the “network marketing” section of Print Founders’ website, a combination of MLM gifting, pyramid and Ponzi schemes are featured:

These are grouped with otherwise legitimate MLM companies.

I wasn’t able to ascertain whether Hayes (right) is/was a promoter of these schemes. His participation in at least some of them is a likely probability.

Whereas Print Founders markets services to promote other MLM companies, Matrix Pro Leads is its own MLM income opportunity.

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

Sincere Systems launched in late 2019. It was a simple token Ponzi scheme, centered around “sincere tokens”.

Sincere Systems made a showing of being a “UK company”, but in reality was run by Russian and/or Ukrainian scammers.

Sincere Systems collapsed in mid 2021. In August 2021 the Ponzi scheme was rebooted as “S-Group”.

S-Group continues the UK company charade, referring to itself as a “British Investment” company.

It’s not that hard to catch S-Group out in its corporate lie:

S-Group provides no company ownership information on its website.

Scammers heading up the company’s marketing efforts are mostly from Russia and the Ukraine.

Alexa currently ranks Russia and the Ukraine as the only notable sources of traffic to S-Group’s website (57% and 15% respectively).

This is in line with Sincere Group’s Alexa traffic estimates, although it seems recruitment outside of Russia and Ukraine has mostly collapsed.

In August 2021, the Bank of Russia issued a pyramid scheme warning for Sincere Systems and S-Group.

Sincere Systems is referenced by name. S-Group’s website domain is included in the list of offending URLs.

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…]

Hyperverse has received its first securities fraud warning from the UK’s Financial Conduct Authority. [Continue reading…]

TRVL operates in the discount travel booking MLM niche.

The company operates as TRVL Ventures International and is based out of Georgia in the US.

Heading up TRVL are co-owners Spencer Iverson (CEO), Mark Sterling (COO) and Jonathan Green (CLO).

Spencer Iverson first appeared on BehindMLM’s radar in 2017, as founder and President of Nspire Network.

Nspire Network marketed negative ion period pads.

By late 2018 Nspire Network had collapsed. The company was eventually sold off to Wakaya Perfection (now Mfinity Global).

Iverson had another crack at period pads in early 2020. Jewel Sanitary Napkins marketed a range of graphene insert pads.

Jewel Sanitary Napkins are still in business (albeit with a dead website), although Iverson seems to have split.

BehindMLM next came across Iverson in September 2020. Iverson had had enough of period pads and was now pushing forex training as President of Epic Trading.

BehindMLM marked Epic Trading as a $99.99 a month pyramid scheme. Initially focused on forex, Epic Trading has since expanded to cryptocurrency.

Epic Trading’s website is still up and, as of December 2021, Spencer Iverson is still cited as President of the company.

Mark Sterling appears on Epic Trading’s website as Vice President of Sales. Jonathan Green is Epic Trading’s Global Master Distributor.

Either there’s been a recent exodus of Epic Trading corporate, or TRVL is being run in parallel.

If there’s any official integration between Epic Trading and TRVL, it hasn’t been publicly disclosed.

Update 13th December 2021 – Mark Sterling has been in touch to advise:

None of the owners, me, Jonathan Green or Spencer Iverson have any association with Epic any longer.

We all separated on amicable terms and wish Epic, the management team and all of the customer base continued success.

Why Sterling, Green and Iverson still appear on Epic Trading’s website as active executives remains unclear. /end update

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

Hyperverse is little more than a broken website. Affiliates are still logging into the HyperFund backoffice.

MOF has transitioned over to the tron blockchain, allowing Ryan Xu and Sam Lee to expand 100 million MOF tokens to 100 billion.

This has seen MOF’s public trading value plummet from ~$2 to less than half a cent.

Hyperverse affiliates are panicking. Instead of explaining what went wrong, Hyperverse has trotted out serial Ponzi promoter James Lockett to lie about securities fraud and compliance. [Continue reading…]

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

Kindred Hearts website domain (“kindredheartsteam.com”), was first registered in 2009. The private registration was last updated on June 9th, 2021.

A visit to Kindred Heart’s website reveals login/join buttons, and a message stating “US RESIDENTS ONLY”.

We know this wasn’t always the case. I learnt of Kindred Hearts after publishing BehindMLM’s Gift Of Legacy review.

Long story short; a bunch of disgruntled South African Kindred Hearts affiliates launched their own clone opp, after getting the boot from Kindred Hearts.

Gift of Legacy founder Chris Hattingh, claims Kindred Hearts is being run by an anonymous eighty-three year old woman from the US.

Attempts to ascertain Kindred Hearts ownership are clouded by other businesses bearing the same name.

I’m found an Australian fashion company and Kindred Hearts gift shop in Michigan.

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…]

Despite the company going by AutoTrade Gold, it actually operates off a domain belonging to Panthera Trade Technologies.

Supposedly Panthera Trade Technologies has an “API platform dedicated to AutoTrade Gold”.

Panthera Trade Technologies claims it’s “one of the introducing brokers of LegoMarket LLC.”

LegoMarket LLC is a shell company incorporated in Saint Vincent and the Grenadines.

AutoTrade Gold licenses are sold through a third company, Pansaka.

On their website, Pansaka refers to itself as “PT. Pansaky Berdikari Bersama”.

Given that…

1. AutoTrade Gold affiliate registration is through Pansaka; and
2. AutoTrade Gold support is provided by Panthera Trade Technologies

…it is highly probably that whoever is running AutoTrade Gold is also behind Panthera Trade Technologies and Pansaka.

Neither AutoTrade Gold, Panthera Trade Technologies or Pansaka provides company ownership information.

Pansaka’s website operates off an Indonesian domain. This suggests whoever’s behind AutoTrade Gold might have ties to Indonesia but isn’t definitive.

Panthera Trade Technologies’ website domain (“pantheratrade.live”), was privately registered on June 3rd, 2021.

Pansaka’s website domain (“pansaka.co.id”), was privately registered on December 7th, 2020.

At time of publication, Alexa ranks the US as the top source of traffic to both Panthera Trade Technologies’ and Pansaka’s websites (50% and 46% respectively).

Indonesia is the only other notable source of traffic, coming in at 38% and 44% respectively.

This does support AutoTrade Gold’s ties to Indonesia. The US traffic dominance however is unclear.

Update 10th January 2022 – A reader in the comments below has provided some insight into Pansaka’s CEO.

Dinar Wahyu Saptian Dyfrig, aka Wahyu Kenzo, is Pansaka’s CEO.

Given the close proximity of Pansaka to AutoTrade Gold and Panthera Trade, he’s assumed to ber running or involved in the running of those too.

According to Dyfrig’s social media profiles, he’s based out of Jakarta in Indonesia. This brings us full-circle. /end update

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…]