Hanieh Sigari abandons Qyral to launch Ellie MD
Two months after initiating legal proceedings to take back Qyral from husband Darius Banasik, Hanieh Sigari has abandoned the company.
In an email sent out to Qyral distributors on May 24th, Sigari advised she had
made the difficult decision to step aside and resign from all of my roles in management for Qyral, including, but not limited to CEO and Manager effective Friday, May 24, 2024 at 5PM PST.
Sigari abandoning Qyral coincides with the pending launch of Ellie MD. [Continue reading…]
Daxio moves forward with Arctic Coffeehouse NFT grift
Following the collapse of its fourth reboot last June, Daxio has announced a fifth reboot.
Presented as a “partnership proposal”, Daxio’s fifth reboot is tied to an “Arctic Coffeehouse” NFT grift. [Continue reading…]
Exp Realty dismissed from “drug & sexual assault” case
Exp Realty, parent company Exp Holdings, CEO Glenn Sanford and Agent Brent Gove, have been dismissed from a lawsuit alleging drugging and sexual assault. [Continue reading…]
Iran Mall Review: Stolen identity “click a button” app Ponzi
Iran Mall fails to provide ownership or executive information on its website.
Iran Mall’s website domain (“iran-mall.vip”), was privately registered on May 1st, 2024.
On the regulatory front, the Central Bank of Russia issued an Iran Mall pyramid fraud warning on May 16th, 2024.
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…]
QuantumCUV Review: Bulltrades Ponzi scammers try again
QuantumCUV fails to provide ownership or executive information on its website.
QuantumCUV’s website domain (“quantumcuv.io”), was privately registered on January 26th, 2024.
Of note is QuantumCUV’s official FaceBook page was originally named “Bulltrades” in September 2023.
BullTrades was an MLM crypto Ponzi BehindMLM reviewed in October 2023.
Not surprisingly, BullTrades’ website is not accessible at time of publication.
It appears the anonymous scammers behind BullTrades are trying again with QuantumCUV.
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…]
Xnetit App Review: Stolen identity “click a button” Ponzi
Xnetit App fails to provide ownership or executive information on its website.
Xnetit App has two known website domains:
- xnetit-semwork.com – privately registered on May 1st, 2024
- xnetit-worksite.com – privately registered on May 1st, 2024
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…]
C12V2 Review: Collapsed Carnelian12 Ponzi reboot
C12V2 fails to provide ownership or executive information on its website.
C12V2’s website domain (“c12v2.net”), was registered with bogus information on May 8th, 2024.
C12V2’s marketing cites “the illustrious Carnelian gemstone”;
This ties into C12V2 being stylized after Carnelian12:
Carnelian12, or C12 as it was known, was an NFT ruse MLM crypto Ponzi pitching 12% a day.
Launched in March 2023, Carnelian12 went on to promptly collapse a few months later in May.
Whether C12V2 is being run by the same scammers behind Carnelian12 is unclear. Clearly however C12V2 has been designed as a reboot with the exact same pitch.
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…]
GSTAIQ Review: Quantitative trading “click a button” Ponzi
GSTAIQ fails to provide ownership or executive information on its website.
In fact as I write this, GSTAIQ’s homepage is an affiliate login/sign up form, or funnel to its app (which must be sideloaded).
GSTAIQ’s website domain (“gstaiq.com”), was privately registered on April 25th, 2024.
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…]
GoldXCapital Review: Gold mining ruse MLM crypto Ponzi
GoldXCapital fails to provide ownership or executive information on its website.
GoldXCapital’s website domain (“goldxcapital.org”), was privately registered on December 16th, 2023.
In an attempt to appear legitimate, GoldXCapital provides a Montana shell company certificate for Gold X Capital LLC.
GoldXCapital’s Montana shell company certificate is attached to a seemingly random address in Montana. A FinCEN MSB registration number is also provided.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
FinCEN isn’t a financial regulator. Needless to say, for the purposes of MLM due-diligence, registering a shell company with FinCen is also meaningless.
Over on YouTube we find GoldXCapital marketing videos hosted by “Jake”.
Jake is a Fiverr actor who goes by “jakex22”.
Coinciding with him becoming the face of GoldXCapital marketing, Jakex22 recently deactivated his Fiverr profile.
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…]
South African authorities confirm MTI criminal investigation
Four years after Mirror Trading International collapsed, South African authorities have confirmed an ongoing criminal investigation. [Continue reading…]
