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

Phenomenal Club’s website domain (“pnmtoken.com”) was privately registered on October 13th, 2020.

At the time of publication Phenomenal Club’s website is a funnel to the company’s Telegram bot.

Phenomenal Club promises that a “whole new website and product” is coming at some point.

Meanwhile a visit to Phenomenal Club’s official YouTube channel reveals a large amount of Russian marketing videos:

This strongly suggests whoever is running Phenomenal Club is based out of Russia and/or the Ukraine.

Alexa currently ranks top sources of traffic to Phenomenal Club’s website as Uzbekistan (64%), Russia (14%) and the Ukraine (5%).

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…]

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

SmartHashes’ website domain (“smarthashes.com”) was privately registered on May 2nd, 2021.

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…]

The SEC v. iPro Network trial was rescheduled for a fifth time back in March. A the time a November 9th trial date was set.

A new filing from the SEC has resulted in a sixth delay, pushing the trial back to 2022. [Continue reading…]

The proposed class-action lawsuit over Isagenix’s Employee Stock Ownership Plan has been voluntarily dismissed. [Continue reading…]

Last month WorldVentures filed a proposed “compromise and settlement” reached with plaintiff Viva Voyage.

The proposed settlement was approved by the bankruptcy on October 4th. [Continue reading…]

Following a $31.9 million dollar settlement reached in 2020, the FTC has announced $1.1 million has been returned to 8 Figure Dream Lifestyle victims. [Continue reading…]

Last month Monat announced it was launching in Australia. Well, kind of.

Between October 1st and October 30th, recruitment of Australian Monat affiliates is open. Retail sales don’t start till November 1st.

The problem is Monat is tracking and paying on sales volume generated from October 1st. That’s 100% recruited affiliate volume. [Continue reading…]

GSPartners affiliates have conceded the company is committing securities fraud.

Unfortunately they’re of the mistaken belief that hiding securities fraud makes it less illegal. [Continue reading…]

OneCoin appears to have lost its Polish Santander Bank account.

The Ponzi scheme is now laundering money through Metro Bank in the UK. [Continue reading…]

Back in July Spice Jazz and Youngevity announced they’d reached a settlement in their ongoing legal battle.

In August the JRJR33 Bankruptcy Trustee filed a motion requesting approval of a settlement between Spice Jazz and Youngevity.

On September 13th the motion was granted. [Continue reading…]