A few weeks ago BehindMLM published a BetPlay365 review.

Today BetPlay365’s website is unresponsive. Further research reveals the company has been rebooted as Daxio:

You can also confirm this in the FAQ section of Daxio’s website:

Are you a licensed casino?

Yes, all Daxio products and games are jointly operated by Global Game Arena LTD and Novus Solutions Curacao N.V registered address Heelsumstraat 51,E-Commerce Park Curaçao, a company licensed and regulated by the laws of Curacao under the Antillephone N.V. license number 8048/JAZ2014-053.

This marks the fourth reboot of the Global Game Arena Ponzi scheme. [Continue reading…]

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

Further research reveals a Comex Trades marketing video featuring CEO “Raymond Stokes”.

Comex Trades’ marketing videos are poorly dubbed and give off a strong rented office vibe. This makes Stokes a strong Boris CEO candidate.

Supporting this is Stokes not existing outside of Comex Trades’ own marketing material.

Comex Trades’ website domain (“comextrades.com”) was privately registered on December 31st, 2018.

Despite not existing up until a few months ago, Comex Trades’ falsely claims it’s been running since April 22nd, 2019.

In an attempt to appear legitimate, Comex Trades provides a UK incorporation number on its website.

This corresponds with Comex Limited, which was incorporated on December 23rd, 2019.

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

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…]

Freedom Equity Group operate in the insurance MLM niche.

The company was founded in 2002 and is based out of California in the US.

Heading up Freedom Equity Group are co-founders Ron Bloomingkemper (Chairman), Ron Petrinovich (CEO) and Bill St. Clair (President).

According to Bloomingkemper’s corporate bio, he’s

been in the life insurance and annuity business for more than 40 years.

As an owner and co-build of National Marketing Alliance, which produced over 40 Billion in face amount of insurance, he helped create one the highest producing companies in the US.

Ron Petrinovich and Bill St. Clair came across with Bloomingkemper from National Marketing Alliance.

In 1992, Bill began his working relationship with Ron Petrinovich, and Ron Bloomingkemper heading up the annuity division of National Marketing Alliance.

Prior to co-founding Freedom Equity Group, Bloomingkeeper is reported to have been promoting A.L. Williams and Primerica. I believe this makes up the bulk of his “more than 40 years” in the insurance and annuity business claim.

I wasn’t able to definitively establish why National Marketing Alliance was effectively rebooted as Freedom Equity Group. I did note National Marketing Alliance had troubles with at least one of their insurance partners.

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

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

iCooperative’s website domain (“icooperative.net”) was privately registered on July 14th, 2019.

The US address provided on iCooperative’s website appears to be the default setting provided by their theme template.

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…]

Aldamax provides incomplete information on their website about who owns or runs the company.

Aldamax’s CEO is simply referred to as “Nasser”. The company’s Marketing Director is supposedly Diego G. Barbosa.

Further research reveals Nasser’s full name is Nasser Altayer. There is no mention of Altayer in connection with Aldamax outside of the company’s marketing material.

Along with being unable to verify Altayer’s digital footprint, this is highly suspicious.

There is someone going by Diego G. Barbosa on Facebook whose from Brazil, but whether that’s Aldamax’s Barbosa is unclear.

Aldamax’s website domain (“aldamax.com”) was registered on November 12th, 2019.

Naser Altayer is listed as the domain owner, through an incomplete address in Dubai.

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…]

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

The broken English corporate bio for “Sam Walch” is hardly confidence inspiring.

In 2015 Sam Walch started cryptocurrency trading cooperative with a group of his fellow traders.

Further research lead me to an Adam’s Family episode a marketing video, purportedly featuring Bitalium CEO “Samuel D. Walch”.

No idea where Bitalium dug this guy up from but he’s a strong candidate for a Boris CEO.

Walch doesn’t have a digital footprint outside of recently published Bitalium marketing material. You can also see the actor’s eyes reading a script in the linked marketing video above.

Bitalium’s website domain (“bitalium.com”) was privately registered on February 10th, 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…]

If you’re an Arbonne distributor you might want to keep an eye on your financial statements over the next few months.

In an exhibit attached to a data breach notification letter filed with the Office of the Attorney General of California, Arbonne has disclosed a data breach. [Continue reading…]

Strongbox250 launched a few weeks ago and provides a corporate address in London, UK on its website.

Further research reveals this is a virtual address provided by The London Office.

In their compensation plan material, Strongbox250 provides also provides a UK incorporation number.

This corresponds with Strongbox250 Limited, which was incorporated in February 2020.

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

Heading up Strongbox250 is CEO Mario Aparicio Gomez (right).

According to Gomez’s personal Facebook profile he’s based out of Granada, Spain. Thus it follows Strongbox250 is operated from Spain as opposed to the UK.

To that end Strongbox250 do provide a “commercial department” address in Spain in their compensation plan. Not really sure why they’re bothering with the UK facade.

Mario Gomez appears to have made a name for himself promoting gold themed pyramid schemes.

The two I was able to peg Gomez to are SwissGolden (2015) and SwissGold Market (2017).

By 2019 Gomez had ditched gold for cryptocurrency fraud and was promoting the MiningVIP Ponzi scheme.

MiningVIP appears to have collapsed around mid 2019, bringing us to the launch of Strongbox250 earlier this year.

Read on for a full review of Strongbox250’s MLM opportunity. [Continue reading…]

Renao Global operates in the travel, tech and nutritional supplement MLM niches.

Despite not existing up until a few months ago, Renao Global claims it has “a proven track record spanning almost 2 decades”.

We opened our doors initially in 2002 with an unbelievable story against all odds as there are with any network marketing company that wants to open.

No specific information is provided.

Heading up Renao Global is co-founder Mel Gill and CEO and President Raymond Medeiros.

As per Gill’s Renao Global corporate bio, he has

30 years experience in Direct Sales as a Multi Million Dollar Producer (and is) considered the top 1% across the globe.

From what I’ve been able to piece together Gill and his wife Amie launched their first MLM company, Team Effort International, in 2002.

In an undated interview with NPros, Gill described Team Effort International’s business model as “consumer savings marketed under one umbrella”.

In 2004 Gill and his wife launched My Video Talk, a “communications platform” MLM company.

Circa 2011/2012, Team Effort Network was launched as “the newest division of Team Effort International”.

One day in late 2010, one of our customers came to us with a technology idea: liquid vitamins in a spray delivery system. Or simply, spray vitamins!

Raymond Medeiros’ tie to the MLM industry is through Freedom Leaf, who now go by GL Brands.

In August 2018 Freedom Leaf acquired Tierra Science Global. A press-release announcing the acquisition was authored by Medeiros.

Tierra Science Global appears to have collapsed on or around April 2019.

As far as I can tell none of the Team Effort companies are still operating today.

Based on Renao Global referencing an opening in 2002, it appears the company is the latest iteration of the same group of Team Effort companies.

Mid last year Mel and Amie Gill launched Wow Nutrition Technology, primarily targeting India. The company appears to have lasted a few months before collapsing.

For all intents and purposes Renao Global is a reboot of Wow Nutrition Technology, this time targeting the US.

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

TelexFree Brazil co-owners Carlos Wanzeler and Carlos Costa have been sentenced to twelve and a half years in prison.

The pair have also been fined R$1 million ($183,698 USD) each. [Continue reading…]