The Digital Altitude Receiver has opted not to pursue recovery efforts against Paradise Media Ventures and owner John Souza.

In light of that being the last outstanding action for the Receivership, the Receiver has filed for discharge. [Continue reading…]

A March 12th status conference in the Payza case has been rescheduled for April. [Continue reading…]

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

According to the company’s “about us” page on its website,

GoSolar Mining expanded its financing to individual clients since 2017.

GoSolar Mining’s website domain wasn’t privately registered until November 2018. The scheme itself appears to have only launched in late 2019.

GoSolar Mining provides a corporate address in Gibraltar on their website.

Further research reveals this address belongs to virtual office merchant Regus.

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…]

Convicted OneCoin money launderer Mark Scott is facing disbarment.

According to a report from the Miami Herald, Scott has been suspended from practicing law as of last Wednesday. [Continue reading…]

A decision on whether Jason and Eunjung Cardiff are in contempt remains pending, but in the meantime several other motion decisions have gone against them. [Continue reading…]

PetClub 247 operates in the pet supplies MLM niche.

The company provides two corporate addresses in California on its website.

Heading up PetClub 247 is President and CEO Steve Youngblood.

When I looked up one of PetClub 247’s corporate addresses, I noted it was shared with NicMaxx, an e-cigarette company, and inLife.

inLife was an e-cigarette MLM company.

The company last official Facebook post is dated March 2015, and suggests the company was renamed to NicMaxx.

NicMaxx’s last official Facebook post was August 2016.

Both companies still have web presences but appear to be defunct.

Management wise, PetClub 247, inLife and NicMaxx are headed up by the same corporate team; Steve Youngblood, Simon Lu, Gino Ferrare and Craig Youngblood.

Read on for a full review of PetClub 247’s MLM opportunity. [Continue reading…]

Payment processor SolidTrust Pay has announced it is terminating business operations on April 1st, 2020. [Continue reading…]

Eaconomy has collapsed, amid allegations of fiduciary duty violations against owners Candace Ross and Hassan Mahmoud. [Continue reading…]

MyMoneyIndustry provides no information on their website about who owns or runs the business.

MyMoneyIndustry’s website domain (“mymoneyindustry.com”) was privately registered on January 9th, 2020.

Only the town Blackpool and Country Great Britain are visible in the registration. These might be bogus details however, as the MyMoneyIndustry’s domain was registered through a Malaysian registrar.

A corporate address in Singapore is provided on MyMoneyIndustry’s website. Further research however reveals this belongs to virtual office provider MEA Business Consultancy.

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…]

EXnGlory claims it’s ‘an Australian trading company that has been present on market since 2015‘.

I ran ABN and ACN searches for “EXnGlory” and “Ex&Glory”. Nothing came up for an ABN but ExnGlory PTY LTD was registered with ASIC on September 9th, 2019.

EXnGlory’s official YouTube channel was created on September 13th, 2019 – which is around the time the company launched.

EXnGlory’s claim it has been around since 2015 appears to be a lie.

Supposedly running EXnGlory is CEO Christopher Allison.

Allison has a distinct eastern European accent, and his CEO video is shot in an obviously rented space.

Given this, it’s highly likely an actor is playing Allison.

Whoever is actually running EXnGlory is probably from Europe, with any ties to Australia being superficial (shell 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…]