A Third Forfeiture Bill of Particulars has revealed millions of dollars in cash, crypto and assets the DOJ hopes to recover from Matt Goettsche. [Continue reading…]

Mining City’s original shitcoin, Bitcoin Vault (BTCV), is currently sitting at around ~$17.

Worse still, BCTV investors through Mining City are receiving cents a day. [Continue reading…]

In what appears to be an effort to keep its HyperFund Ponzi afloat, HyperTech is now soliciting investment into mining contracts.

HyperMining was revealed last month by HyperFund CEO Jayden Wei.

Wei (right) is one of HyperTech owner Ryan Xu’s blockchain bros.

Wei is purportedly based out of Australia but also travels to Dubai, the MLM scam capital of the world.

Since the Xu’s HyperFund Ponzi scheme took off, Wei seems to be doing very well for himself: [Continue reading…]

Learn Build Lead appears to have collapsed.

At the time of publication the company’s website is not accessible. [Continue reading…]

Although it appears to be a Malaysian MLM company primarily being promoted to Malaysians, breadcrumbs suggest TriumphFX might be the work of Singaporean scammers. [Continue reading…]

A marketing video reveals the appointment of Helen Hope as HyperFund’s Compliance Officer.

As opposed to registering HyperFund with the SEC and providing audited financial reports, Hope’s job is to bury evidence of securities fraud. [Continue reading…]

BehindMLM’s initial Elysium Network review was published in May 2020.

Despite launching in 2019, Elysium Network presentations today still mark the company as a “brand new opportunity”.

At the request of a reader, today we’re revisiting Elysium Network for an updated review. [Continue reading…]

Frank Schneider’s extradition to the US is on hold, pending the outcome of an appeal.

A decision on Schneider’s extradition was supposed to have been made on Wednesday July 21st.

As reported by Luxembourg publication Wort, Schneider, anticipating his extradition, has filed an appeal with the Nancy Court of Appeal.

According to the terms of the decision, consulted by our colleagues from  L’Est Républicain , the French judges wish “to obtain clarifications from the United States” on the rights which the former agent of the SREL would benefit from in the event of transfer overseas. Atlantic.

Schneider (right) was picked up by French authorities whilst on a leisure trip from neighboring Luxembourg in late April.

Schneider was an integral part of the OneCoin Ponzi money laundering network. He is believed to have been indicted and is likely facing a plethora of criminal charges in the US.

Schneider’s indictment is believed to be been filed under seal. It is unlikely details of the indictment will be made public until Schneider is in the custody of US authorities.

Pending submission of the requested clarifications from the FBI, a followup hearing has been scheduled for September 23rd.

In the meantime Schneider will remain in the custody of French authorities.

Update 20th November 2021 – Frank Schneider’s extradition to the US will now be decided on January 19th.

In the meantime French authorities have released Schneider to monitored home detention.

Update 19th January 2022 – Frank Schneider’s appeal has been denied.

A visit to Roy Club’s website reveals the site default loads in Russian.

Switching the site language to English reveals Roy Club fails to provide business ownership information.

Roy Club’s website domain (“roy.club”) was initially registered in March 2019. The private registration was last updated in January 2020.

In addition to Roy Club’s website loading up in Russian, other signs that point to Roy Club being run from Russia include:

• a list of Roy Club “curators”, the overwhelming majority of which are based in Russia;
• Roy Club’s social media profiles are all in Russian; and
• Alexa ranking Russia as the primary source of traffic to Roy Club’s website (73%)

Despite all signs pointing to Roy Club being a Russian company run by Russians, a corporate address in Belarus is provided on Roy Club’s website.

Supposedly some guy going by Pavel Taranenko runs Roy Club’s Belarus office.

Roy Club are prolific on their YouTube channel, having uploaded hundreds of videos since the channel was created in 2014 (probably a renamed or purchased account).

Note that the location of Roy Club’s YouTube channel is Russia.

One of the earliest videos uploaded to Roy Club’s YouTube channel features Alexey Muratov:

Update 3rd February 2022 – Roy Club has deleted the video referenced above from their YouTube channel.

I did have the video linked but consequently have disabled the link. /end update

Muratov is behind the Prizm Ponzi scheme. He is a former MMM Global scammer.

Prizm launched in 2017. Roy Club launching in 2019 appears to be an attempt to reboot investment into the Ponzi scheme.

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…]

A joint notice filed on July 20th reveals JRJR33 and Youngevity have reached a settlement.

As per the joint notice; [Continue reading…]