Earlier today BehindMLM published its Teqra review.

Based on the rented office template we’ve seen time and time again, we held strong suspicions that Teqra CFO Jan Haagen was a hired actor.

Within eight hours of publication a reader confirmed Haagen was indeed a Russian actor. [Continue reading…]

Forsage XGold is part of Lado Okhotnikov’s stable of Forsage branded Ponzi schemes.

According to his Facebook profile, Okhotnikov is based out of Moscow, Russia.

Okhotnikov (right) describes himself as “the king of decentralized MLM”.

“Decentralized MLM” being code for crypto Ponzi schemes.

Launched in April 2020, by September or so Forsage had gone into decline.

This prompted Lado to launch Fortron, the same smart-contract Ponzi recycled with TRON.

After publishing our Forton review last September, I figured that was the end of Okhotnikov’s smart-contract recycling.

Recently however I was contacted by a reader informing me they’d been pitched on new Forsage spinoffs.

Today we’re looking at Okhotnikov’s fourth Forsage company; Forsage XGold. [Continue reading…]

Forsage is an ethereum smart-contract Ponzi scheme put together by Lado Okhotnikov.

According to his Facebook profile, Okhotnikov is based out of Moscow, Russia.

Okhotnikov (right) describes himself as “the king of decentralized MLM”.

“Decentralized MLM” being code for crypto Ponzi schemes.

Launched in April 2020, by September or so Forsage had gone into decline.

This prompted Lado to launch Fortron, the same smart-contract Ponzi recycled with TRON.

After publishing our Forton review last September, I figured that was the end of Okhotnikov’s smart-contract recycling.

Recently however I was contacted by a reader informing me they’d been pitched on new Forsage spinoffs.

Today we’re looking at Okhotnikov’s third Forsage company; ForsageTron. [Continue reading…]

Teqra’s website domain (“teqra.com”) was first registered in January 2018. The private domain registration was last updated on November 11th, 2020.

Perusal of Teqra’s website domain reveals it was dormant with an error message prior to the November 2020 update.

This suggests Teqra’s owners purchased the domain in November 2020 from a previous unrelated owner.

This is supported by Teqra’s official Facebook page only having been created in November 2020.

Despite not existing until a few months ago, on its website Teqra falsely represents it was founded by “Frederick Glaesser” in 2016.

On Teqra’s official YouTube channel, Glaesser is played by this gentleman:

Despite the very Anglo-saxon sounding name, the actor playing Glaesser (spelt “Glaeser” in the video title) is dubbed over.

Horrendous speech cadence, rife with awkward pauses, is a giveaway that whoever he is, the actor playing Glaesser isn’t a native English speaker.

Evidently whoever’s behind Teqra thought Glaesser was entirely unconvincing too.

On February 17th Teqra replaced the Glaesser with CFO Jan Haagen.

Haagen’s promotional video is your typical Boris CEO affair. Rented office, company flags, co-actors pretending to be office staff… by now you know the drill.

A highlight of the video is Teqra’s “IT department” at [1:22], consisting of a bunch of actors staring at HTML website source-code (Chrome browser F11’ed to fullscreen).

Haagen isn’t dubbed over and speaks with a thick European accent. Naturally he doesn’t exist outside of Teqra’s marketing video.

Curiously, Teqra represent Haagen’s marketing video was shot in Costa Rica.

On February 22nd however the company uploaded a video titled “Teqra opening of the Consulting Office in the city Ulan Ude Russian Federation”.

The video features a bunch of Russians riding around in a rented limousine. It then cuts to what is presumably the office opening.

Although their names aren’t provided, these two chuckleheads appear to be hosting the event:

Whether that means they’re running Teqra or are just another layer of actors, who knows.

Tellingly, neither CEO Frederick Glaesser or Jan Haagen make an appearance in the office opening video.

In an attempt to appear legitimate, Teqra provides what appears to be a basic incorporation documents for “Teqra Holding Sociedad de Responsabilidad Limitada” in Costa Rica.

For the purpose of MLM due-diligence, basic incorporation anywhere is meaningless. These documents should be ignored.

At the time of publication Alexa ranks the top three sources of traffic to Teqra’s website as Pakistan (22%), Saudi Arabia (15%) and Vietnam (12%).

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…]

In response to multiple regulatory warnings and an outright ban in Italy, QubitTech has rebranded as QubitLife.

QubitTech is a Ponzi scheme launched by Greg Limon in mid 2020. Limon has ties to Canada, the UK and Russia. [Continue reading…]

WorldVentures has secured a Temporary Restraining Order against former President Eddie Head.

Pending the outcome of an upcoming preliminary injunction hearing, Seacret Direct’s travel plans might be over before launch. [Continue reading…]

Around twelve hours ago Beurax’s website went down.

The scammers behind Beurax likely feel they’ve created enough distance between investors and their funds, so why keep the withdrawal carrot dangling? [Continue reading…]

Update 7th February 2025 – Silver Icing CEO Christina Marcano has been in touch to advise the company dropped its MLM compensation plan in early 2024. /end update

Silver Icing operates in the fashion MLM niche.

The company was founded in September 2011 as a ‘manufacturing and wholesale business, selling to boutiques across Canada.’

In 2013 the company hit a few bumps in the road and the decision was made to switch to a Direct Sales type business model, selling through independent Stylists across Canada.

Silver Icing implemented a focus on online sales in mid 2014.

Heading up Silver Icing is founder and CEO Christina Marcano (right).

As per Marcano’s Silver Icing corporate bio, she

was tired of commuting 2 hours every day to and from work and wanted to create an opportunity, not only for herself but for women just like her, to find a better balance and make it all work.

Inspired by her love for fashion and as a natural-born entrepreneur, Christina’s vision came to life in the form of the Silver Icing brand.

As far as I can tell this is Marcano’s first MLM venture.

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

The Traffic Monsoon Receiver has filed five new motions for default judgment.

Traffic Monsoon net-winners targeted in the motions are Sharon James, Adil Khan, Limited By Invitation (company), Javediqbal Naeem and Mohammed Yasin. [Continue reading…]

Less than 24 hours after declaring he “sees things with positivity”, and believed Beurax was resume paying returns on April 1st, Silvio Fortunato has had quite the remarkable change of heart.

Nothing like some scammer meltdown flavored popcorn to finish off the week… [Continue reading…]