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…]

WorldVentures’ filing for Chapter 11 bankruptcy has triggered an automatic stay in the RICO pyramid case.

Both Plaintiff Melody Yiru and defendants WorldVentures filed suggestions of bankruptcy on December 24th and 28th respectively. [Continue reading…]

Digital Money Markets provides no information on their website about who owns or runs the company.

Digital Money Markets’ website domain (“dmm.cash”) was privately registered on February 5th, 2020.

Digital Money Markets’ website defaults to Spanish, even with English as the set language. This indicates whoever is running the company is a native Spanish speaker.

Official marketing videos featured on Digital Money Markets’ website are hosted on a YouTube channel bearing the name Antonio Prieto Chaves.

Possibly due to language-barriers, I was unable to establish who this is.

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…]

BitLocity provides no information on its website about who owns or runs the business.

BitLocity’s website domain (“bitlocity.io”) was privately registered on October 28th, 2020.

As per current Alexa estimates, the top three sources of traffic to Bitlocity’s website are the US (42%), Jersey (11%) and South Africa (6%).

On the official BitLocity Vimeo channel linked from their website, there’s a video titled “Team Update November 24, 2020”.

The video features Mark Hamlin, discussing “our involvement” in Qtrex. Qtrex being a bitcoin Ponzi pyramid hybrid launched a few months back.

Based on Hamlin’s comments in the video, Qtrex has collapsed (“Qtrex is over”). After Qtrex Hamlin began hosting corporate BitLocity webinars:

Hamlin (right) refers to BitLocity as a “better mouse trap” than Qtrex.

Today we’re gonna introduce you, we’re gonna give you just a taste of what we have created as a leadership team.

If you need to get something done right, you need to do it yourself. So that’s exactly what we’ve done ladies and gentlemen.

We’re very excited to introduce to you our new project ladies and gentlemen, that we have developed.

What follows is a pitch for BitLocity’s “founders club”. He refers to the company in the possessive.

In addition to Qtrex, other scams Mark Hamlin has promoted include Forsage and WeShare Crowdfunding.

Based on his recent social media posts, Hamlin appears to be knee-deep in crypto investment fraud:

I didn’t sit through every video uploaded to BitLocity’s Vimeo channel. In the videos I did skim through, Hamlin didn’t disclose who he’s working with.

In some videos Hamlin introduces another speaker, only referred to as “Brian”.

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…]