A8 AI USDT fails to provide ownership or executive information on its website.

A8 AI USDT’s website domain (“a8-aiusdt.com”), was privately registered on June 24th, 2024.

A8 AI USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued an AI A8 USDT pyramid fraud warning on July 8th, 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…]

HyperFund Ponzi promoter Rodney Burton was arrested en route to Dubai back in January.

Since then Burton has been in custody pending the outcome of him criminal case.

On June 16th, Burton filed a motion requesting a review of his detention. Burton’s motion was denied on July 9th. [Continue reading…]

Oxon Services fails to provide ownership or executive information on its website.

Oxon Services’ website domain (‘oxonservicesltd.com”), was privately registered on May 24th, 2024.

In an attempt to appear legitimate, Oxon Services provides an Australian shell company certificate for Oxon Services Pty Limited.

The certificate dates back to 2005 and, given Oxon Services is just over a month old, obviously has nothing to do with the company.

Given the certificate also cites a “record of registration” from 1998, it also appears to be doctored.

Oxon Services has already attracted the attention of financial regulators. The Central Bank of Russia issued an Oxon Services pyramid fraud warning on July 3rd, 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…]

Len-USDT fails to provide ownership or executive information on its website.

Len-USDT’s website domain (“tron3679.com”), was registered with bogus details on April 30th, 2024.

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

Len-USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued a Len-USDT pyramid fraud warning on July 8th, 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…]

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

Axiome’s website domain (“axiome.pro”), was registered on December 3rd, 2023. DeTech Global Inc is the registered owner and appears to be a Seychelles shell company.

Update 17th August 2024 – Since publication of this review Axiome is now naming Alex Scheck (aka Alexander Scheck) as its CEO.

Scheck appears to be a German national.

BehindMLM revisited Axiome following a pyramid fraud warning from the Central Bank of Russia on August 15th. /end update

Of note is Axiome’s official YouTube channel being in Russian:

This tracks with SimilarWeb ranking Russia as the top source of Axiome website traffic as of June 2024 (61%). Germany (17%), the Dominican Republic (10%) and the UAE (7%).

This strongly suggests Russians are behind Axiome, possibly hiding out in Dubai.

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 Axiome, read on for a full review. [Continue reading…]

OnPassive has disabled access to its “ecosystem” services.

A new notice on OnPassive’s website reads; [Continue reading…]

Ahold Delhaize Shop fails to provide ownership or executive information on its website.

Ahold Delhaize Shop’s website domain (“ahold-shop.com”), was registered with bogus details on July 6th, 2024.

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

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…]

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

In fact as I write this, Gladverse’s website is nothing more than an affiliate log in/sign up form:

Gladiaverse hiding basic information about the company is a red flag.

Gladiaverse’s website domain (“gladiaverse.io”), was privately registered on June 8th, 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…]

AI-Oppo fails to provide ownership or executive information on its website.

AI-Oppo’s website domain (“ai-oppo.shop”), was registered on June 25th, 2024.

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

AI-Oppo has already attracted the attention of financial regulators. The Central Bank of Russia issued an AI-Oppo pyramid fraud warning on July 5th, 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…]

7Eleven-INS fails to provide ownership or executive information on its website.

7Eleven-INS’ website domain (“7eleven-ins.com”), was privately registered on May 30th, 2024.

On its website 7Eleven-INS claims to have “more than 45 thousand investors”. The company also claims to have won several awards dating back to 2017.

Based on 7Eleven-INS only existing for about a month and a half, the marketing claims on its website are obviously false.

The Chicago address 7Eleven-INS provides on its website appears to be a random office building that has nothing to do with the company.

Of note though is the UK’s FCA citing a firm for securities fraud in 2022, purportedly claiming to operate from the same address.

Whether the same scammers behind Horizon Crypto are also also behind 7Eleven-INS is unclear. What we can confirm though is at least one group of scammers have used the seemingly random Chicago address 7Eleven-INS pretends to operate from.

In an attempt to appear legitimate, 7Eleven-INS provides a BVI Investment Business License on its website:

Given the certificate is dated October 2018, it’s either doctored or has nothing to with 7Eleven-INS.

Notwithstanding BVI being a scam-friendly jurisdiction with little to no regulation of MLM related fraud. 7Eleven-INS representing any ties to BVI is an immediate red flag.

With respect to actual regulation, the Central Bank of Russia issued a 7Eleven-INS pyramid fraud warning on June 25th, 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…]