Haskell Knight, better known in the MLM industry as Trey Knight, has been indicted on three felony counts of wire fraud. [Continue reading…]

A May 10th Receivership Status Report reveals that 12,500 Traffic Monsoon victims have had their claims approved.

The total dollar amount of approved claims so far comes to $33,383,808. [Continue reading…]

Antares Trade has received a securities fraud warning from Belgium’s Financial Service and Markets Authority. [Continue reading…]

Teqra has received a securities fraud warning by Spain’s Comision Nacional del Mercado de Valores (CMNV).

The CMNV is Spain’s top financial regulator (SEC equivalent). [Continue reading…]

The Financial Conduct Authority has banned EverFX from offering services to consumers in the UK.

The ban follows EverFX denying it operated as a broker for the CashFX Group Ponzi scheme.

Whether the ties between the two companies are behind EverFX’s UK ban however are unclear. [Continue reading…]

Late last year OneCoin scammers began pushing the narrative that the Ukrainian government had entered into cooperation with the Ponzi scheme.

Yesterday the Ukraine government issued an official statement, denying any partnership with OneCoin. [Continue reading…]

Be International, not to be confused with the Islam brothers’ Be Rules, is an MLM company based out of Malaysia.

Be International was launched on or around 2017. The company offers products spanning a wide range of MLM niches.

Heading up Be International are co-founders Ir. Lee Suet Sen, Ho Huey Chuin and Karen Leong.

Be International provides vague corporate bios for each co-founder, not going into specifics of their MLM histories.

Ir. Lee Suet Sen, Ho Huey Chuin and Karen Leong all made names for themselves in Elken Global.

Elken Global, founded in 1995, was in decline around the Be International launched.

BehindMLM attempted to review Elken in May 2020, only to find it appeared to have collapsed and been gobbled up by ByDzyne.

Elken Global still has a website up but there’s nothing going on (our May 2020 report was open-ended).

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

The Twindax Ponzi scheme has collapsed.

Sometime in the past twenty-four hours Twindax pulled its website offline. Attempts to reach it now result in an SSL configuration error. [Continue reading…]

The Impero Solutions Ponzi scheme has collapsed.

Sometime in the last twenty-four hours Impero Solutions’ website has been disabled, resulting in a “connection refused” HTTP error. [Continue reading…]

The Teqra Ponzi scheme has collapsed.

Sometime in the last twenty-four hours Teqra’s website has been disabled, resulting in a “connection refused” HTTP error. [Continue reading…]