TronChain’s smart-contract balance has hit $0, meaning the Ponzi scheme has effectively collapsed.

TronChain is the second collapse within the Eclipcity smart-contract Ponzi factory. [Continue reading…]

As per a message uploaded to the scam’s website, Finalmente Global has collapsed.

Following Mirror Trading International, Finalmente Global’s demise marks the second major South African MLM Ponzi collapse within a month. [Continue reading…]

Antis Capital operates in the cryptocurrency MLM niche.

In official marketing documentation, Antis Capital’s CEO is presented as “Philip Belov”.

Belov, played by the actor above, doesn’t exist outside of Antis Capital’s marketing material.

Other than claiming Belov is based out of Dubai, Antis Capital itself provides no verifiable information.

As to who’s actually running Antis Capital, Alexa currently estimates 95% of its website traffic originates out of the US.

Such a high percentage strongly indicates a US based admin.

A search of “Philip Belov” reveals multiple spammy press-releases . The first two results are paid slots in the spam section of two Indian publications, the Hindustan Times and Deccan Herald.

Initially I was going to add India as a contender for Antis Capital’s admin, however this could just be the world of hired India-based SEO spammers.

Despite the US web traffic dominance, Antis Capital’s awkward “we set trend” tag-line does suggest it was put together by a non-native English speaker.

Antis Capital’s marketing videos reveal the actor playing him has an eastern European accent, typical of Boris CEOs.

Antis Capital’s website domain (“antiscapital.com”) was privately registered on May 11th, 2020.

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…]

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

Nacometa’s website domain (“nacometa.com”) was registered on January 29th, 2020.

The registered owner is Yangon System S.R.O, a shell company with ties to the Czech Republic and Russia.

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…]

Century Heng Yue Group SDN BDH, better known as CHY Mall, markets itself as a Malaysian company.

Oddly enough, in reality CHY Mall doesn’t exist outside of Africa; namely Nigeria and Ghana.

This is odd and points to CHY Mall being operated from within Africa itself.

Supporting this is CHY Mall previously going by Sairui E-Commerce Ghana Limited:

As above, CHY Mall’s official Facebook page is also managed from Ghana.

On their website, CHY Mall provides a vague series of paragraphs that don’t provide anything relevant to CHY Mall as an MLM company.

Quite obviously Century Heng Yue Group began as Sairui E-Commerce in Ghana. Why the company is now pretending to be a Malaysian company is unclear.

Presented as executives on CHY Mall’s website are Ben Chah (CEO) and Kamal Khan (Vice-President).

Both of these individuals appear to be actual people, who feature in CHY Mall marketing videos:

Outside of CHY Mall however, neither individual appears to have a verifiable digital footprint.

Whether Chah and Khan are just opportunistic Asians targeting Africa, or whether they are working with individuals in Ghana is unknown.

Based on their respective performances in CHY Mall’s marketing videos, Chah and Khan could also very well be Boris CEO plants.

Whatever the case, CHY Mall’s executive foundation is full of red flags that should not be ignored.

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

The FTC has secured a preliminary injunction against Digital Income System, Derek Jones Foley, William J. Foley, Jennifer Hedrick and Kaitlyn Scott.

The injunction follows a similar preliminary injunction granted against DIS promoter Brandon Frye a few weeks ago. [Continue reading…]

1044Pro doesn’t disclose who owns or runs the company on its website.

1044Pro’s website domain (“1044pro.com”) was privately registered on July 29th, 2020.

Further research reveals Peter Jensen citing himself as 1044Pro’s founder on Instagram:

Why this information is not provided on 1044Pro’s website is unclear.

Peter Jensen first appeared on BehindMLM’s radar as founder of RE247365, a short-lived pyramid scheme launched in 2014.

On his LinkedIn profile, Jensen (right) cites himself as Master Distributor for Direct Cellars.

Direct Cellars was a wine themed MLM that collapsed in October 2019.

From October 2018 (not a typo), Jensen cites himself as a “spokesperson/consultant” for isXperia.

In April 2020 Jensen joined IdentityUSA. That doesn’t seem to have worked out, bringing us to 1044Pro’s launch on or around August 2020.

Read on for a full review of 1044Pro’s MLM business opportunity. [Continue reading…]

Authorities in Argentina have made two more arrests as they pursue OneCoin promoters across the country. [Continue reading…]

Top Tradera earners have filed a lawsuit against the company’s payment processor, iPayout.

Tradera was a trading signals MLM company.  Just shy of a fortnight ago Tradera’s owners, Kody Sell and Eastan Harris, pulled the plug and exit-scammed. [Continue reading…]

The Central Bank of Oman has issued a securities fraud warning against DagCoin. [Continue reading…]