After four years of literally doing nothing, BaFin are investigating a German OneCoin promoter’s website. [Continue reading…]

Silvio Spangl was a Lyoness promoter for nine years. He rose to President, Lyoness’ highest distributor rank.

As part of his leadership, Spangl focused on growth of Lyoness across the Americas. He claims to have had over 250,000 distributors in his downline.

Last year Spangl left Lyoness. As part of legal efforts to get Lyoness to pay him for his position, Spangl recently gave two interviews with BE Conflict Management. [Continue reading…]

Ben Quigley has announced he’s bailing from his Gifting Communities scheme.

The announcement was made in a “members only” April 28th Gifting Communities webinar. [Continue reading…]

Frank Schneider, a key figure in OneCoin’s money laundering operations, has been arrested in France.

Schneider is also believed to have tipped off Ruja Ignatova about the FBI investigation, leading to her disappearance. [Continue reading…]

Collapsed Forsage Ponzi scheme founder Lado Okhotnikov, evidently believes securities regulators don’t understand securities law.

Okhotnikov’s claims follow two securities fraud warnings issued against Forsage over the past twelve months. [Continue reading…]

Back in October 2019 the Traffic Monsoon Receiver sought to employ local attorneys to go after Canadian net-winners.

The motion was denied later the same month. In denying the motion, the court recommended the Receiver ‘solicit multiple bids from attorneys experienced in this area of Canadian law’.

On April 26th the Receiver filed a new motion requesting approval to employ Canadian counsel. [Continue reading…]

The TelexFree class-action Plaintiffs have failed to secure a preliminary injunction against Dustin Sparman and Vantage Payments. [Continue reading…]

Medical Marketing Project operates from “yourprivateequity.com”.

The website “medicalmarketingproject.com” is active, however based on marketing copy on the site I believe it’s run by affiliates (“MMP Global Team”).

Medical Marketing Project provides no information on its website about who owns or runs the company.

Medical Marketing Project’s website domain was privately registered on November 11th, 2019.

The domain registration was last updated on December 16th 2020. Medical Marketing Project’s current website went live on or around February 2021.

In the footer of its website, Medical Marketing Project represents it is incorporated in Delaware as Your Private Equity Trade LLC.

The marketing video embedded on Medical Marketing Project’s website is hosted on the YouTube channel “The Team”.

The only other video on the channel is an April 2020 titled “Private Equity Trade – Yooinvest. Medical Breakthrough Investment”.

It seems Medical Marketing Project is a reboot of a failed scheme launched about a year ago.

I came across “Yooinvest” again on Medical Marketing Project’s website:

You can visit the domain yourself and see that Yooinvest is the same premise as Medical Marketing Project.

So who’s behind it?

The domain “yooinvest.net” was first registered back in 2012. The registration was last updated on April 2nd, 2021.

Wynand Wessels (right) is listed as the domain owner, through an address in Gauteng, South Africa.

With a bit of Google-fu, I was able to also link Noel Adams to Yooinvest:

Note that Adams appears to be on a mission to remove any connection to himself and Yooinvest.

I’ve provided a cached example above. All of the live content linking Adams to Yooinvest has recently been deleted.

Noel Adams (right) popped up on BehindMLM’s radar in 2015, as admin of the Next Level Africa Ponzi cycler.

A BehindMLM reader identified Wynand Wessels as Adam’s “sidekick” and web designer.

It would be remiss not to consider Adams as either a patsy for Wessels or them being in cahoots.

Adams runs his various scams under the “Smada World” banner.

Next Level Africa collapsed in 2019, although Adams managed to string Next Level Africa victims along until early 2020.

Cue the failed launch of Yooinvest on or around April 2020, and now the Medical Marketing Project / Your Private Equity reboot a year later.

Noel Adams and Wynand Wessels operate out of South Africa. Beyond a meaningless shell incorporation in Delaware, Medical Marketing Project has no ties to the US.

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

A second pyramid scheme class-action has been filed against LuLaRoe.

Plaintiff Jessica Ponkey filed suit against LuLaRoe in California on March 24th, 2021. [Continue reading…]

A reader showed up in the comments today with a link to a 2017 civil lawsuit filed against GladiaCoin and JetCoin.

I hadn’t heard of the case before so I went and looked it up.

Sure enough on July 18th, 2017, Plaintiff Gloria Jung Yun filed suit in Pennsylvania. [Continue reading…]