Bit-ATM provides no information on its website about who owns or runs the company.

Bit-ATM’s website domain (“bit-atm.net”) was privately registered on July 29th, 2020.

Despite not existing until a few months ago, on its website Bit-ATM claims ‘we started with our business on Bitcoin boom back in 2017.’

Alexa ranks Venezuela (16%), Russia (9%) and India (6%) as the top three sources of traffic to Bit-ATM’s website.

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…]

Univera has gone public with their decision to drop their MLM opportunity.

In an announcement published on Univera’s website, the company advises;

Univera ownership has made the difficult decision to transition the company from a network marketing organization to sales strictly through e-commerce channels.

Typically when an MLM company abandons MLM distributors are unfortunately the last to know. Fortunately Univera distributors were given a lengthy heads up. [Continue reading…]

A few weeks back a reader wrote in requesting a review of XIPWorks.

I hadn’t heard of XIPWorks before but was familiar with “XIP” branding being part of isXperia.

XIPWorks is presented as a stand-alone company, incorporated in Florida. There’s no mention of isXperia anywhere on XIPWorks’ website.

Aside from the “XIP” branding, the only clue that XIPWorks is in fact a rebrand of isXperia is the same phone number in the website footer.

Similarly there’s no mention of XIPWorks on isXperia’s website.

Neither isXperia or XIPWorks provide a copy of their compensation plan on their website. Through a bit of searching I was able to lock down a copy of XIPWorks’ comp plan.

There have been some changes since 2019, so today we dive into XIPWorks for an updated review. [Continue reading…]

The fear of contracting COVID-19 has seen the Savian fraud trial pushed back again.

As per a motion filed on September 18th, defendant Eric Dalius’ attorneys cite concerns about their health. [Continue reading…]

LoanTech provides no verifiable company ownership information on its website.

Supposedly LoanTech was “founded by Chris Wright and his diligent team”.

Beyond Wright’s name appearing on LoanTech’s website and a photo of some guy looking off-camera, Wright doesn’t appear to actually exist.

LoanTech’s website domain (“loantech.top”) was first registered on August 24th, 2019. The private registration was last updated on February 2nd, 2020.

Despite not existing until late 2019 at the earliest, LoanTech falsely represents on its website it has been around since 2013.

In an attempt to appear legitimate, LoanTech provides a link to incorporation details for “Bright Future Loans LTD”.

Bright Future Loans was incorporated in the UK on October 19th, 2019.

Not withstanding whether Bright Future Loans even has anything to do with LoanTech, 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.

At the time of publication Alexa ranks Cuba (14%), Egypt (12%) and Venezuela (7%), as the top three sources of traffic to LoanTech’s website.

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…]

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

DeFin Wallets’ website domain (“definwallets.com”) was privately registered on August 25th, 2020.

In an attempt to appear legitimate, DeFin Wallets provides a corporate address in Jersey on its website.

That’s Jersey, a tiny island Crown dependency of Britain, off the coast of France. Jersey is also a known tax-haven.

Needless to say it is highly unlikely DeFin Wallets has any physical business operations in Jersey.

At the time of publication Alexa ranks Venezuela (17%), Cuba (12%) and Egypt (8%), as the top three sources of traffic to DeFin Wallets’ website.

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 reader wrote in a few weeks ago requesting a review update for APLGO.

BehindMLM reviewed APLGO in 2017 as “Ageo Product Line“. APLGO existed only as the company’s online storefront.

Since then Ageo Product Line seems to have adopted APLGO to represent the entire business.

Despite operating through a US shell company in 2017, APLGO recently announced it was launching in the US.

APLGO USA’s official Facebook page was created on March 10th, 2020.

Supposedly accompanying this announcement was compensation updates. Today we revisit APLGO for an updated review. [Continue reading…]

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

Geton Global’s website domain (“geton.global”) was privately registered on August 23rd, 2020.

It’s worth noting that Geton Global’s website domain uses a Slovenian name-server provider.

Marketing videos on Geton Global’s official YouTube channel feature Kari Wahlroos.

Wahlroos is best known for being one of the more prominent faces of the OneCoin Ponzi scheme.

Last we heard Wahlroos was running promotion for the Wantage One Ponzi scheme. Guess that didn’t work out.

Wahlroos’ involvement in Geton Global led me to “Geton News”, which appears to be an official Geton Global marketing blog.

As revealed on Geton News, the founder and CEO of Geton Global is Milan Kozlevčar (right).

I wasn’t able to pin Kozlevčar to any MLM companies. He is however behind a number of failed cryptocurrency projects.

A Reddit post made two years ago ties Kozlevčar to Socratescoin, Proncoin and Piplcoin.

The two latter shitcoins have been repurposed for use in Geton Global (more on this in the review conclusion).

As per Kozlevcar’s Twitter profile, he’s based out of Ljubljana, Slovenia.

Update 9th January 2021 – A reader sent in an archived scan of the June 2nd 2000 run of the Slovenian newspaper GorenjskiGlas.

On page 39 of the paper there’s an article detailing Milan Kozlevčar being busted for heroin smuggling:

I’ve blown up the photo of Milan in the article on the right.

According to my source, Kozlevčar was busted smuggling heroin from Croatia to Germany.

He was 28 at the time and sentenced to nine years in prison.

Typically I don’t include non-MLM related history in our reviews.

Within the context of Geton Global being a Ponzi scheme however, I believe this is relevant due-diligence information. /end update

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

Tron3X provides no information on its website about who owns or runs the company.

Tron3X’s website domain (‘tron3x.io”) was privately registered on September 1st, 2020.

Tron3X’s official YouTube channel hosts a marketing video featuring “Michael”:

Whoever Michael is he gives off some pretty strong Fivver vibes.

Update 7th November 2020 – Since this review was published, Tron3X has deleted all videos uploaded to their YouTube channel. /end update

Alexa currently ranks Venezuela, Colombia and Kazakhstan as top sources of traffic to Tron3X’s website.

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…]

Kristijan Krstic, a serial fraudster linked to a number of scams, has been arrested in Serbia.

Serbian authorities arrested Krstic back in July, following a joint investigation with the FBI.

Details of Krstic’s case are murky. There’s a bit of coverage out there but absolutely nothing pertaining to what he’s facing in the US. [Continue reading…]