Divine Prosperity Blossom Review: “Sacred circle” gifting
Divine Prosperity Blossom is a bit of an odd opportunity for me to review.
As best I can tell Divine Prosperity Blossom doesn’t have a website. Promotion and recruitment primarily takes place via word of mouth and social media (Group Me).
Still, someone somewhere is keeping track of payments within the scheme.
I became aware of Divine Prosperity Blossom following news reports out of South Africa.
Divine Prosperity Blossom purportedly started in the US, but has since spread to South Africa and Australia. [Continue reading…]
Beurax emphasizes why ASIC registration is meaningless
The Australian Securities and Investments Commission has emerged as a regulator of choice for scammers.
Despite being a financial regulator, ASIC operates at a snail’s pace and has no actual power of offshore scammers who feed it bogus details.
Nowhere is this better on display then with the recently collapsed Beurax Ponzi scheme. [Continue reading…]
R Network securities fraud continues with iX Global
What’s left of R Network is being funneled into newly launched iX Global.
The transition is being framed as a “partnership” and was announced earlier this month.
Presumably the “partnership” includes an undisclosed financial agreement with R Network founder Richard Smith. [Continue reading…]
SAMKoin Review: DDKoin spinoff with new Ponzi coin
DDK was a Ponzi points scheme launched in 2018.
The MLM cypto scam primarily targeted investors in Malaysia, Indonesia and Brunei.
Heading up DDK were married co-founders Azrainuddin Zainal (aka Arai Ezzra) and Nur Ezdiani Baharoddin. Serving as DDK’s CEO was Nurshuhada Zainal. [Continue reading…]
Bruxis Review: Daily returns Russian Ponzi scheme
Bruxis provides no information on its website about who owns or runs the company.
Bruxis’ website domain (“bruxis.com”) was first registered back in 2013. The private domain registration was last updated on June 1st, 2020.
Circa 2018 Bruxis was serving up a blank page, so June 2020 appears to be when Bruxis’ owners took possession of the domain.
Supporting this is Bruxis’ official Facebook page not being created until June 20th, 2020.
Bruxis’ original website was rather plain:
The current website was uploaded sometime between October 2020 and, based on Alexa traffic estimates, January 2021.
Despite not existing until a few months ago, Bruxis falsely claims its ‘a modern international company that has been working since 2013’.
In an attempt to appear legitimate, Bruxis provides an ASIC certificate on its website.
For the purpose of MLM regulation, Australia is a scam-friendly jurisdiction. Provided scammers do not target Australians, ASIC do not actively regulate fraudulently registered companies.
As such, incorporation documents pertaining to Australia from any MLM company should be ignored.
Rather than provide a cliched Boris CEO video, Bruxis has gone a slightly different route.
The company has hired actors to feature in a trading platform ad. You know the script, two guys, one a trader bro the other hopeless etc. etc.
The video is narrated by someone with a poor American bro dude accent. And, despite their best intentions, the Bruxis couldn’t help slipping a company mug into their video.
Company mugs are a tell-tale calling card of Russian scammers. But I’ll do one better – there’s Russian text on the fire alarm in one of the shots @ [1:27].
Better luck next time guys.
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…]
Solvasa Review: Personal care targeting stress & inflammation
Solvasa appears to run two websites, which is a little confusing.
There’s Solvasa Beaty and Solvasa Life. Solvasa’s “beauty” website predates the “life” website.
Visitors to Solvasa’s “beauty” website are provided the following message at the top of the page:
Returning Customer? We have securely moved your account information to our new website.
When you click on the provided link however, you stay on the Solvasa Beauty website.
Of the two websites, Solvasa Beauty is the MLM opportunity with products.
Solvasa Life is basically a Solvasa owned blog/podcast website.
Why Solvasa can’t just host its blog and podcast on its primary website I don’t know.
Things get even more messier when you consider Solvasa’s Facebook page, which links to the “life” website – which contains no information about Solvasa’s MLM opportunity or products.
Solvasa’s marketing identity is a bit all over the place.
To keep things simple I’m going to pretend Solvasa Life doesn’t exist. This review is based on Solvasa Beauty, which I believe is the MLM company.
Solvasa operates in the personal care and nutrition MLM niches. The company is based out of California in the US.
Heading up Solvasa is co-founders Lori Bush and Ritu Chopra.
So the story goes;
A diagnosis of breast cancer led beauty industry executive, Lori Bush, to Dr. Ritu Chopra for reconstructive surgery.
It also led to deep discussions between patient and doctor about a major need-gap in the skincare market: products and practices to help manage the impact of stress and inflammaging on appearance and overall well-being.
With a mission to address this universal need, Solvasa Integrative Beauty was born.
Lori Bush has a history in the personal care industry dating back to 1993.
As per her LinkedIn profile, Bush’s MLM executive career began in 2000 as President of Nu Skin.
- Feb 2000 – Jan 2006, President of NuSkin
- Sep 2007 – Jan 2016, President and General Manager of Rodan & Fields
- Aug 2018 – Jul 2019, Chairman of Board of Managers at Avon
Solvasa was founded in May 2018, so there’s a bit of overlap between it and Bush’s Avon role.
Ritu Chopra runs a plastic and reconstructive practice in California. As far as I can tell Solvasa is his first MLM venture.
One name on Solvasa’s executive list that caught my eye was Chairman of the Board of Directors, Truman Hunt.
BehindMLM is familiar with Truman Hunt as the former long-standing CEO of NuSkin (2003 to 2016).
During Hunt’s tenure NuSkin’s Chinese bribery shenanigans came to light.
In a nutshell, in 2014 Chinese authorities announced they thought NuSkin was a pyramid scheme. Wheels were greased and the investigation went away.
This didn’t sit right with US authorities. In late 2016 the SEC began proceedings against NuSkin.
NuSkin settled the SEC’s bribes and corruption allegations for $765,688.
Shareholders filed their own lawsuit pertaining to NuSkin’s misconduct in China. This resulted in a $47 million dollar settlement in October 2016.
Truman Hunt resigned as NuSkin CEO two months later in December 2016.
Read on for a full review of Solvasa’s MLM opportunity. [Continue reading…]
QNet still recruiting in Ghana despite arrests & deportations
Ghanaian authorities seem to be having a hard time reining in QNet scammers.
Despite multiple arrests and deportations, QNet recruitment efforts persist. [Continue reading…]
QubitLife initiates QDT token Qchain QICO exit-scam
The recently rebranded QubitLife has launched the final stage of its Ponzi scheme: QDT.
QDT is a token QubitLife is selling to the public through a “QICO”. [Continue reading…]
Gift card usage delays iPro Network trial for fifth time
Following a request by the SEC on February 18th, the iPro Network civil trial has been delayed for a fifth time.
As revealed in a subsequent stipulation, this time the delay is attributable to the use of gift cards in iPro Network. [Continue reading…]
NRGY & Alan Friedland’s CFTC cryptocurrency fraud case
Back in April 2020 the CFTC filed charges against Alan Friedland (right) and his companies Fintech Investment Group and Compcoin.
BehindMLM didn’t cover the lawsuit because it was unrelated to the MLM industry.
In light of Friedland being outed as the architect behind the recently launched NRGY smart-contract Ponzi scheme however, I felt it worthwhile to examine the CFTC’s case against him.
Given the similarities between the CFTC’s alleged misconduct and NRGY, by the end of this article you’ll understand why. [Continue reading…]