Elixoo provides no information on its website about who owns or runs the company.

In fact as I write this, Elixoo’s .NET website is nothing more than an affiliate login portal.

Elixoo is also believed to own the .COM version of their domain, however that’s currently parked.

Heading up Elixoo is founder Dennis Nowak. According to his LinkedIn profile, Nowak is based out of Zurich, Switzerland.

Nowak appeared on BehindMLM’s radar in mid 2019, as a suspect into a Swiss investigation into MyCryptoWorld, Infinity Economics and We Go Crypto.

MyCryptoWorld was an MLM shitcoin pump and dump scheme. Infinity Economics and We Go Crypto were non-MLM crypto fraud schemes.

Unfortunately the outcome of the Swiss investigation is unclear.

After his stint as a crypto bro, Nowak fell back on his position in LavyLites.

LavyLites is a Hungarian MLM company that appears to have been in decline for most of 2020.

Circa mid 2016 BusinessForHome clocked Nowak’s LavyLites income at $80,000 a month.

We figure that’s no longer the case if he’s going off on his own.

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

Remember Wazzub?

BehindMLM initially reviewed Wazzub in 2011. Back then the company was a cliched “we’re gonna be the next Google and pay you!” type affair, which was a common enough ruse at the time.

Of course the business model flopped, leading to a transition to a failed mobile app and fraudulent virtual shares investment scheme.

By 2016 Wazzub had rebranded itself as “Perfect Internet”. This was originally a name for the failed search platform, eventually it became its own brand.

In early 2016 Wazzub, through Perfect Internet, launched Cashback Marketing. Charging $30 a pop for “marketing units”, Cashback Marketing was a simple enough Ponzi scheme.

Today Perfect Internet and Cashback Marketing have long since been abandoned.

One would figure Wazzub too has run its course but that might not be the case. [Continue reading…]

Amplifei operates in the nutritional supplement MLM niche. The company is headed up by Founder and CEO Robert Oblon.

On its website Amplifei provides a UPS store address in Indiana.

According to Oblon’s Facebook profile he’s based out of California. I assume this is where Amplifei is actually run from, as opposed to out of a UPS store in Indiana.

Robert Oblon (right) put Amplifei together after falling out with his previous company, Elepreneurs.

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

We’ll go into a bit more detail below, but the following is from Amplifei’s website;

After launching in December 2017, (Elepreneurs) became the fastest growing company in the world for 2018.

Unfortunately, due to circumstances that cannot be shared as of this writing, Robert ended up settling disputes with the companies he created in February of 2020 and decided to create a new company that launched June 1st, 2020.

The new company is called Amplifei International.

In researching what happened prior to publication of our updated September 2020 Elepreneurs review, I came across a quote from long-time MLM industry veteran Troy Dooly;

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.

In February 2020, Elepreneurs itself accused Oblon of “gross financial misconduct”.

Unfortunately whatever settlement was reached between Oblon and Elepreneurs was never made public.

“Circumstances that cannot be shared” suggests a confidentiality agreement was part of the settlement.

Oblon’s other MLM claim to fame is co-founding WorldVentures, a recently collapsed travel-themed pyramid scheme.

Perhaps tellingly, Oblon’s relationship with WorldVentures also ended in a lawsuit.

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

After losing their original website domain because reasons, the Cloud Token scammers have returned with a new domain.

Cloud Token’s new website domain (“cloudv2.io”), was privately registered in May 2020.

The new website however only went live recently, as per a February 11th announcement. [Continue reading…]

Last year Jeunesse top-earner Theresa Gregory was busted for tax fraud by the IRS.

After pleading guilt to the charges in August 2020, Gregory was earlier this week sentenced to 36 months in prison. [Continue reading…]

Robot22 Trade provides no information on its website about who owns or runs the company.

Robot22 Trade’s website domain (“robot22trade.com”) was first registered in October 2019. The private registration was last updated on October 9th, 2020.

In an attempt to appear legitimate, Robot22 Trade provides a UK incorporation certificate for Robot 22 Trade LTD on its website.

UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

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

Of note are the two languages offered on Robot22 Trade’s website; English and Russian.

This suggests whoever is running Robot22 Trade could have ties to Russia or a neighboring country.

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…]

TronBase provides no information on its website about who owns or runs the company.

TronBase’s website domain (“tronbase.io”) was privately registered on August 28th, 2020.

The majority of TronBase marketing appears to be in Hindi. This suggests whoever is running TronBase is likely based out of and/or from India.

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…]

A clearer picture of Torque Trading’s collapse is emerging.

In the lead up to the collapse, CEO Bernard Ong was showing off high-priced purchases on social media. [Continue reading…]

The Torque Trading Ponzi scheme has collapsed.

Daily returns have been disabled, with Bernard Ong blaming the collapse on an employee. [Continue reading…]

There are three components of ImplusX; ImpulsX Passive, ImpulsX Trading and the EurekaX crypto exchange.

All three of these entities run on separate websites, none of which disclose company ownership information.

EurekaX is a cryptocurrency exchange owned, either wholly or partly by CEO Darren Bradbury.

Darren Bradbury (right) is a long-time serial scammer. He first appeared on BehindMLM back in 2017 as owner of PowerHouse Feeder.

In the review linked above we detail Bradbury’s promotion of fraudulent schemes prior to running them.

Bradbury popped up again on BehindMLM in 2019, as owner of the My Passive Trades Ponzi scheme.

Within a year My Passive Trades had collapsed twice. We documented the second collapse in May 2020, noting Bradbury’s transition to cryptocurrency fraud.

Bradbury launched EurekaCoin in late 2019.

Bradbury (right) creates ERK out of thin air, then uses it to pay My Passive Trades investors.

ERK is publicly tradeable and listed on a few dodgy exchanges. After debuting at 0.6 cents last December, ERK is currently trading at around 1 cent.

ERK flatlined at 1 to 2 cents for most of 2020. Coinciding with the launch of Implusx Passive in late 2020, ERK pumped to 8 cents.

Throughout October and November ERK dumped below 2 cents. It’s been hovering around 2 to 3 cents since.

From EurekaCoin you get EurekaExchange. Which handles the cryptocurrency side of ImplusX.

Bradbury has teamed up with Mark Verdellen to launch ImplusX. Verdellen is the only credited ImpulsX founder.

Less than a year ago Verdellen (right) was promoting the Elysium Capital Ponzi scheme.

Darren Bradbury is based out of the UK. According to his LinkedIn profile, Mark Verdellen is based out of the Netherlands.

Read on for a full review of the ImplusX MLM opportunity. [Continue reading…]