Crowd1 initiates Digital Partners Network shares dump
Back in June BehindMLM reported on Crowd1’s planned UK shell company share dump.
It’s taken four months, but Crowd1 has finally initiated what might be an exit-scam. [Continue reading…]
EmpiresX an “incompetent mess”, new withdrawal restrictions
EmpiresX appears to have entered the “how can we stop people withdrawing?” Ponzi phase.
Amid complaints from disgruntled affiliate investors, EmpiresX has introduced further restrictions on withdrawals. [Continue reading…]
OneCoin promoters under investigation in Kenya
OneCoin promoters who roped a “seasoned lawyer” into the Ponzi scheme in 2018, are now suspects in a criminal investigation. [Continue reading…]
EvoRich’s UGPay receives securities fraud warning from Spain
Spain’s Comision Nacional del Mercado de Valores has issued a securities fraud warning against UGPay.
UGPay is a Swiss shell company, used by Andrew Khovratov to run EvoRich through. [Continue reading…]
US celebrities to speak at HyperFund event in Miami, Florida
Rodney Burton is organizing a HyperFund promo event under the guise of “Reinvent Yourself With Crypto”.
HyperFund founder Ryan Xu is scheduled to speak at the event, along with a disturbing number of well-known US personalities. [Continue reading…]
HyperFund confirms executives fleeing to Dubai
On October 6th HyperFund released a new “community FAQ”.
Of note is confirmation that the company’s executives are fleeing to Dubai. [Continue reading…]
HyperFund freezing accounts as regulatory warnings pile up
As part of an effort to slow down withdrawals, HyperFund has begun freezing large investor accounts.
Confirmation of the frozen accounts comes as regulators warn of financial fraud. [Continue reading…]
Glenn Arcaro’s BitConnect sentencing pushed to 2022
Glenn Arcaro’s BitConnect sentencing has been pushed to 2022. [Continue reading…]
HyperFund securities fraud warning issued by Guernsey
HyperFund has received a securities fraud warning from Guernsey.
Guernsey is one of three islands that make up the British Crown Dependencies, situated between the UK and France. [Continue reading…]
TronCarry Review: 2% a day tron smart-contract Ponzi
TronCarry provides no information on its website about who owns or runs the company.
TronCarry’s website domain (“troncarry.com”) was privately registered on August 28th, 2021.
I did note TronCarry’s official presentation was oddly named “Sportion – Keynote Template”.
This appears to just be related to the web development suite used to put TronCarry’s website together.
Alexa currently ranks two notable sources of traffic to TronCarry’s website; Vietnam (12%) and the Ukraine (6%).
Take your pick, both countries are hotbeds for cryptocurrency related fraud.
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…]
