Last year I attempted to review Nussentials, only to discover the company was “temporarily closed”.

To protect our staff, representatives, and customers from any possible exposure, we have made the difficult decision to close temporarily until this threat has been dealt with and supply lines can reopen.

We expect that period to be only a few months, but we will be guided by the experts on the matter.

Nussentials closed its doors on or around April 2020. In December 2020 the company commenced selling products direct to customers.

The MLM side of the business remained closed.

In an effort to eventually publish a review, I’ve been periodically checking Nussential’s website for updates.

Upon checking the site today, I learned Nussentials officially ceased all operations on March 31st. [Continue reading…]

Freebay has been added to New Zealand’s Financial Markets Authority’s Karatbars International securities fraud warning. [Continue reading…]

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

The company’s website serves only as a signup form for recruited affiliates. Existing Gameas affiliates are also able to log in.

Gameas’ website domain (“gameas.org”) was first registered in April 2020. The private registration was last updated on March 3rd, 2021.

Gameas’ current website went live in April 2021. This suggests the company’s owners took possession of the domain in March.

Alexa currently ranks the top sources of traffic to Gameas’ website as Panama (34%), Cameroon (15%) and Ecuador (10%).

I noticed Gameas’ official compensation plan uses periods to denote $1000s instead of commas.

This is a standard seen typically in non-English speaking countries. It suggests whoever is running Gameas isn’t from a native English speaking country.

On official Gameas webinars, the individual on the right is represented as Gameas’ CEO.

With a bit of research I was able to identify this person as Dionisio Simoes.

According to Simoes’ official LinkedIn profile he’s based out of Lisboa, Portugal.

As per social media posts related to Gameas, in early May Simoes’ traveled to Dubai.

Although there has always been MLM related fraud in the UAE, since 2020 in particular Dubai has emerged as a safe haven for MLM scammers.

As of May 30th Simoes is still in the UAE. In the latest Gameas webinar I could find Simoes talks about opening a “head office” in Dubai.

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…]

Monetize 911 operates in the cryptocurrency MLM niche.

The company, which also refers to itself as “Stablecoin Univercity”, is headed up by Chairman Leslie Robert Wolfe.

In a linked personal bio, Wolfe (right) represents that he operates out of California and Nevada.

BehindMLM first came across Wolfe back in 2014, as founder of NextLevelX.

NextLevelX was a gifting scheme that has long-since collapsed.

In his aforementioned linked personal bio, Wolfe represents he was involved in Next Level Africa.

Next Level Africa (nextlevelafrica.com). Did an “exit” with this Crowdfunding platform.

Next Level Africa was a Ponzi coin cycler launched in 2015.

On Wolfe’s personal YouTube channel (“Les Wolfe”), a video uploaded in June 2016 promotes SmashFund.

SmashFund was a pyramid scheme launched in mid 2016. Wolfe marketed SmashFund as an “incredible world-saver product”.

At the time of publication Alexa ranks top sources of traffic to Monetize 911’s website as the US (15%), Mexico (12%) and Venezuela (11%).

Read on for a full review of Monetize 911’s MLM opportunity. [Continue reading…]

GreenGold operates in the “pretending to give a crap about the environment now please give us your money” MLM niche.

The company represents it is headed up by “eco-entrepreneur Mr. Adam Durand and with the help of partners”.

Adam Durand, as represented by GreenGold, doesn’t exist outside of GreenGold’s marketing material.

Durand’s personal Facebook profile was created in January 2021. The account was created solely to promote GreenGold.

What struck me as remarkably odd is that in a GreenGold marketing video featuring Durand, he claims he was born in Finland but moved to the US at age sixteen.

Yet Durand has a distinctly South American accent.

Update 6th June 2021 – I had previously linked to the cited GreenGold marketing video above.

GreenGold deleted the video as per its exit-scam sometime between June 2nd and June 5th. As a result the previously available video link has been removed. /end update

With a bit more poking around I was able to establish the actor playing Adam Durand is Danilo Ferraz.

Ferraz is a Brazilian citizen and appears to have a connection to sports, fitness and community work.

Update 6th June 2021 – I had linked to a third “community work” video above featuring Ferraz. Since publication of this review, the video has been pulled from YouTube.

Consequently I’ve disabled the previously available video link. /end update

Brazil fits with GreenGold’s marketing videos looking like they were shot in a rainforest.

Ferraz might have been headhunted by whoever is actually running GreenGold because of his past participation in climate change events.

Setting up an actor to represent a company and shooting fake corporate marketing video is typically the calling card of Russian scammers.

Supporting this is the narrator of GreenGold’s marketing videos having a thick eastern European accent.

Not a 100% guarantee Russians are behind GreenGold but pretty conclusive (if it walks like a Boris, drinks vodka like a Boris and talks like a Boris etc.).

What I can confirm with absolute certainty is that GreenGold is not being operated out of Finland, as the company represents in its marketing material:

I’m reminded of Wiseling, a recently collapsed Russian Ponzi that also claimed to be based out of Finland.

Alexa traffic estimates reveal GreenGold is currently being promoted in Angola (60%), the US (4%) and South Africa (3%).

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…]

Expo R&M operates in the cryptocurrency MLM niche.

The company represents it is headed up by “official beneficiary” Cesar Barmejo.

Barmejo doesn’t exist outside of Expo R&M’s marketing material.

Barmejo’s personal Twitter account was created in November 2020, and exists solely to promote Expo R&M.

Barmejo appears in one Expo R&M marketing video. He speaks in Spanish and is sitting in the usual rented office environment.

All of this marks Cesar Barmejo as a prime Boris CEO candidate.

Expo R&M has ties to the Ukraine and Russia through its EU Regional Ambassador, Agris Chukurs.

Chukurs’ provided Facebook profile was created in 2009 and reveals he is a frequent traveler between the Ukraine and Russia.

Chukurs appears to be an actual person, however there’s nothing linking him to the MLM industry outside of Expo R&M.

This is odd seeing as Expo R&M claims Chukurs ‘worked as a network sales executive for a U.S. company.’

Expo R&M’s ties to the Ukraine match up a staged “expo event”, held in Kiev in October 2020.

This is around the time Expo R&M launched. The company’s website domain was privately registered in May 2020.

Despite only existing for a few months, on its website Expo R&M falsely represents it has been around since at least 2017.

In an attempt to appear legitimate, Expo R&M provides a basic incorporation certificate for IH Expo Research and Management Global LTD.

The company was incorporated in Cyprus in July 2020. Basic incorporation anywhere is meaningless with respect to MLM due-diligence.

Basic incorporation in dodgy jurisdictions like Cyprus are even more meaningless.

Alexa currently ranks two countries as providing the majority of traffic to Expo R&M’s website; Argentina (41%) and the Ukraine (15%).

The ties to Argentina are probably linked to hiring of whoever Cesar Barmejo actually is.

Putting all of this together, Expo R&M appears to be a case of Ukrainian admins scamming South Americans.

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…]

Episode one of Netflix’s new Money: Explained mini-series features OneCoin and BitConnect.

Both are MLM Ponzi schemes that bilked investors out of billions of dollars. [Continue reading…]

Top US promoters of the BitConnect Ponzi scheme have been sued in a securities fraud lawsuit filed by the SEC.

Defendants on the chopping block are Trevon Brown (aka Trevon James), Craig Grant, Joshua Jeppesen, Ryan Maasen, Michael Noble (aka “Michael Crypto”).

Jeppesen’s fiancee, Laura Mascola, is the sole named relief defendant.

As described by the SEC, these were BitConnect’s “most successful promoters in the United States”. [Continue reading…]

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

In an attempt to appear legitimate, Investrix provides an ABN and corporate address in NSW, Australia on its website.

The address is some random residential apartment complex. The provided ABN is bogus.

Investrix’s website domain (“investrix.io”) was privately registered on March 10th, 2021.

Alexa currently ranks the top sources of traffic to Investrix’s website as Canada (61%) and Pakistan (27%).

There’s a good chance whoever is running Investrix is based out of one of these two countries.

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…]

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

In fact as I write this, Torexo Finance’s website is nothing more than an expired launch timer.

An official Torexo Finance marketing presentation cites “Leonardo Santoro” as founder of the company.

Santoro doesn’t exist outside of Torexo Finance’s marketing material. He’s also depicted against a greenscreen backdrop of a virtual office, making him a prime Boris CEO candidate.

Torexo Finance’s website domain (“torexo.com”) was originally registered in 2018.

The private registration was last updated on May 7th, 2021. This is likely when Torexo Finance’s owners took possession of the domain.

This is supported by a search of the Wayback Machine, which reveals Torexo Finance’s website domain was for sale up until it was purchased this month.

Despite not existing until a few weeks ago, in their official marketing material, Torexo Finance falsely claims;

The history of the Torexo company began in 2016 when Leonardo Santoro created a team of traders and trust management pool from several dozen clients.

If we look at the source-code of Torexo Finance’s website, we can see HTML elements in Russian:

This strongly suggests Torexo Finance is being run by someone from Russia or the Ukraine.

Supporting this is Alexa traffic estimates, which peg the top sources of traffic to Torexo Finance’s website as Russia (45%), Vietnam (15%) and the Ukraine (11%).

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…]