A 39 year old man has been apprehended by Portugal’s Judiciary Police.

Gonçalo Silva, author of the website Fraud Portugal, hypothesizes the suspect is Evo Binary’s Ramon Alcantara. [Continue reading…]

After failing to launch coming up on three years, Ash Mufareh has announced a GoFounders token.

GOF is being flogged to OnPassive and GoFounders affiliates for $1 each. [Continue reading…]

Coinciding with the announcement they were “resetting” their collapsed crypto Ponzi scheme, Global Technologies & Innovation has capped affiliate withdrawals.

As per an announcement sent out just before Easter, GTI affiliates will only be able to withdraw up to €3000 EUR a month. [Continue reading…]

My Freedom in 365 provides no information on its website about who owns or runs the company.

In fact as I write this, My Freedom in 365’s website is nothing more than an affiliate login and/or recruitment capture page.

My Freedom in 365’s website domain (“myfreedomin365.com”) was registered with incomplete information on September 5th, 2019.

In researching My Freedom in 365 I came across a Facebook group linked off what appears to be the company’s official Facebook page (abandoned as of April 2020).

The group is named “The Freedom in 365 Movement” and has 8409 members.

Admins of the group are:

• Anthony Newson
• Thaddeus Shockley Jr.
• Tremelle Williams
• Darren Cooper
• Anthony Mitchell
• Jermaine Taylor
• Rick LitoTdc
• Tre Swaii
• Famous Amos (alias)
• Mark Lee Jr.
• Portia Shena Williams
• Shay Hargett

Presumably one or more of these group admins are involved in running My Freedom in 365, or are working closely with whoever is.

As per My Freedom in 365’s website terms and conditions, the company is “headquartered in the state of Tennessee”.

At the time of publication Alexa ranks the US as the only significant source of traffic to My Freedom in 365’s website (83%).

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…]

At the core of every MLM token Ponzi scheme is the big stash of admin tokens.

These tokens are created out of thin air and dumped to extract funds out of the scheme.

If analysis of G999 blockchain is accurate, GSPartners had dumped over 2 billion G999 tokens to date. [Continue reading…]

Elepreneurs’ rebranding as The Happy Co was announced back in February.

Sharing Services Global, Elepreneurs’ parent company, rebranded the MLM company following a fallout with former executive Robert Oblon.

Sharing Services Global is based out of Texas in the US.

The Happy Co has its roots in Elevacity, a travel booking engine themed MLM Oblon launched on or around 2014.

Oblon, a former Sharing Services Global executive, launched Elepreneurs in 2017.

BehindMLM only recently revisited Elepreneurs for an updated review in September 2020.

Based on our research into the company at the time, here’s what went down.

In a memo provided to Elepreneurs affiliates in February 2020, the company accused Oblon of “gross financial misconduct”.

Courtesy of Troy Dooly’s MLM News Desk;

Robert Oblon was removed from the Board of Directors and stripped of his position of authority as a result of gross financial misconduct.

He voluntarily resigned to avoid punitive legal actions arising from his malfeasance.

Oblon would go on to return to the MLM industry with Amplifei, launched earlier this year.

Today Sharing Services Inc. is known as Sharing Services Global Corporation. The company is headed up by CEO John Thatch.

At the time of our last review Elepreneurs was headed up by CEO Keith Halls.

The Happy Co rebranding saw Halls dumped for Bo Short.

Bo Short (right) has a long history in the MLM industry, dating back to Amway (Quixtar) in the 1990s.

Short left Amway in 2001 to launch Passport.

As per an accounting of Short’s MLM history on The Truth About Amway;

That company apparently didn’t do so well and the Passport folk merged into Oasis LifeSciences, which then became Univera LifeSciences.

After Univera LifeSciences Short promoted Max International up until 2008.

In 2009 Short was a “prelaunch partner” with EIRO Energy, a since defunct energy drink company.

There’s a gap of five years here, after which Short joined Jeunesse in 2014.

In 2018 Short signed on as Nerium International’s Chief Sales Officer.

In early 2020 Short signed on as CEO of Nutricellix. That lasted a few months before parent company LaCore Enterprises merged Nutricellix into Uforia Science.

On or around September 2020, Short was appointed President of WorldVentures.

In December 2020 WorldVentures filed for Chapter 11 bankruptcy.

Declarations filed as part of related legal proceedings suggest Short was fired after a failed WorldVentures coup led by Michael Poates.

That brings us to The Happy Co’s launch in early 2021.

On paper Short leads The Happy Co as CEO of Elevacity Holdings LLC & Elevacity International Holdings LLC.

There is no executive information provided on The Happy Co’s website. Bo Short isn’t mentioned in any capacity.

Update 16th January 2022 – Research into Hapi Travel Destinations has revealed both it and The Happy Co. are owned by Fai Chen.

Why this information is not provided on The Happy Co.’s website is unclear. /end update

Read on for a full review of The Happy Co’s MLM opportunity. [Continue reading…]

VPL Medical has been given till May to get profitable.

As per an April 2nd order,

the Receiver (will) no longer be authorized to fund VPL operations out of funds designated for consumer redress after this month.

The order follows the FTC’s revelation that VPL is blowing through $200,000+ in Receivership funds a month. [Continue reading…]

Cryptoberg provides no information on their website about who owns or runs the company.

Cryptoberg’s website domain (“cryptoberg.ltd”) was privately registered on June 18th, 2020.

In an attempt to appear legitimate, Cryptoberg provides a UK incorporation certificate for Bit Kind LTD on their website.

Not withstanding Bit Kind having anything to do with Cryptoberg, UK incorporation is dirt cheap and effectively unregulated.

The UK is a favored jurisdiction for scammers looking to incorporate dodgy companies.

For the purpose of performing MLM due-diligence, UK incorporation is meaningless.

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…]

I became aware of HyperFund following a securities fraud warning issued by the UK’s FCA.

HyperFund is the latest launch by Ryan Xu’s company HyperTech.

HyperTech represents it operates from Hong Kong. Whether Xu is based in Hong Kong or elsewhere is unclear.

On LinkedIn Xu represents he is in Melbourne, Australia.

BehindMLM first became aware of Xu and HyperTech through our Jan 2020 HyperCapital review.

HyperCapital was a Ponzi scheme launched to resurrect HyperCash (formerly HCash), a failed shitcoin Xu launched a few years earlier.

HyperCapital failed to have any impact on HyperCash’s public trading value:

HyperCapital was eventually abandoned and today its website is defunct.

HyperFund was announced in mid 2020. It is essentially Xu and HyperTech’s migration to DeFi.

Which is to say we can likely expect more the same crypto investment related fraud.

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

HyperFund has received a securities fraud warning from the UK’s Financial Conduct Authority.

HyperFund is part of HyperTech, owned by Ryan Xu. [Continue reading…]