WarnerBrosa fails to provide ownership or executive information on its website.

WarnerBrosa’s website domain (“warnerbrosa.vip”), was registered with bogus details on October 26th, 2024.

Of note is WarnerBrosa’s website domain being registered through the Chinese registrar Alibaba (Singapore).

WarnerBrosa has already attracted the attention of financial regulators. The Central Bank of Russia issued a WarnerBrosa pyramid fraud warning on October 29th, 2024.

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…]

Win-Win Global fails to provide ownership or executive information on its website.

Win-Win Global’s website domain (“win-win.global”), was privately registered on September 3rd 2024.

Further research reveals marketing material citing Mehar Mohiuddin as Win-Win Global’s co-founder and Global President.

I wasn’t able to get a reading on Mohiuddin but CEO Charles Triadji and COO Francisco Odono appear to have ties to Indonesia and the Philippines respectively.

Of note is, as of October 2024, SimilarWeb tracking Win-Win Global’s website traffic originating from Russia 55% and Ukraine (45%).

Of note is Win-Win Global’s official Telegram channel website link pointing to Russia:

On LinkedIn, Win-Win Global represents it is based out of Malaysia:

Three weeks ago however, Win-Win Global was advertising marketing webinars as per Dubai time:

Putting all of this together, Win-Win Global appears to be run by Russians working with puppet executives across Asia.

While pretending to be based out of Malaysia, the Russian scammers running Win-Win Global are probably based out of Dubai – with potential ties to both Russia and Ukraine.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Win-Win Global, read on for a full review. [Continue reading…]

The Nimbus Platform Ponzi scheme rebranded to Syncord on November 6th.

The rebranding follows the arrest of former CEO Andrea Zanon in Spain last December. [Continue reading…]

BlackOxygen Organics and owner Marc Saint-Onge have copped a $7.5 million class-action default judgment. [Continue reading…]

Holton Buggs has filed motions seeking dismissal of the case against him and dissolvement of a court-appointed Receiver. [Continue reading…]

Hong Kong consumers have lost HKD $22 million to “click a button” Ponzi app scammers in a week (~$2.8 million USD).

As reported by the South China Morning Post on November 12th, one hundred and fifteen Hong Kong residents fell victim to the “fake orders” Ponzi ruse. [Continue reading…]

Flow Traders, aka Flow Trader and FT Quantify, fails to provide ownership or executive information on its website.

Flow Traders’ website domain (“usdfundailtd.com”), was registered with bogus details on October 16th, 2024.

Flow Traders has already attracted the attention of financial regulators. The Central Bank of Russia issued a Flow Traders pyramid fraud warning on October 29th, 2024.

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…]

Sam Lee, aka Xue Samuel Lee, has been detained at Dubai’s Al Aweer Central Prison.

During his ongoing detainment, the SEC managed to serve Lee their civil HyperFund fraud lawsuit.

As per November 5th filings from the SEC, Lee refused personal service at the prison but was considered served under US law. [Continue reading…]

AQR Quantify fails to provide ownership or executive information on its website.

AQR Quantify operates from two known website domains:

1. aqr-usdt.com – registered with bogus details on April 25th, 2024 (already abandoned)
2. aqr-quantify.vip – registered with bogus details on October 24th, 2024

Of note is both of AQR Quantify’s website domains being registered through the Chinese registrar Alibaba (Singapore).

If we poke around AQR Quantify’s website we find Chinese:

The Chinese registrar and Chinese on AQR Quantify’s website suggests whoever is running it has ties to China.

AQR Quantify has already attracted the attention of financial regulators. The Central Bank of Russia issued an AQR Quantify pyramid fraud warning on October 29th, 2024.

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…]

Auratus adjacent BitexLive has informed investors it has “decided to discontinue its services in the United States and Canada”. [Continue reading…]