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…]

Tradera provides no information about who owns or runs the company on their website.

Tradera’s website domain (“tradera.org”) was registered with incomplete details on August 22nd, 2019.

A PO Box address in Texas is provided on Tradera’s website, however for obvious reasons this is meaningless.

If you’re wondering about the “.org” domain, it’s because Tradera is a major ecommerce portal is Sweden.

Tradera the MLM opportunity has nothing to do with Tradera Sweden.

Update 15th November 2020 – Since publication of this review Tradera has updated their website with company ownership information.

As per Tradera’s website, the company was co-founded by Kody Sell (CEO) and Eastan Harris (CFO).

Other than their respective names, Tradera doesn’t provide any information about either Sell or Harris on its website.

I went looking myself but, outside of Tradera marketing material, came up blank.

Sell and Harris seem to be actual people however the lack of information outside of Tradera marketing is concerning.

I have a feeling pseudonym’s are being used, which is almost as big a red flag as failing to provide corporate information to begin with. /end update

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…]

In an abrupt announcement on their Australian website, Mary Kay has advised they are closing their Australian and New Zealand businesses. [Continue reading…]

After the FTC shut down MOBE, promoters Michael Giannulis (aka Mike Antoni) and Michael Williams launched their own clone scam.

It’s taken a year and a half, but the FTC has finally moved to shut My Ecom Club down. [Continue reading…]

MOBE promoters Steven Bransfield, Michael Giannulis, Michael Williams, Gar Leong Chow and Scott Zuckman, have been hit with final judgments topping $41 million dollars. [Continue reading…]

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

OneAdPack’s website domain (“oneadpack.com”) was privately registered on November 22nd, 2019.

At the time of publication Alexa cites Venezuela (10%), India (9%) and the US (6%) as top sources of traffic to OneAdPack’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…]

The Redwood Scientific Technologies comedy roadshow continues…

Jacques Poujade’s appeal has been denied. And Jason and Eunjung Cardiff are facing contempt for a second time. [Continue reading…]

DD Corporation, a Ponzi scheme that primarily targeted Brazil, has collapsed. [Continue reading…]

A new entry on Mark Scott’s OneCoin case docket suggests he might be facing new charges. [Continue reading…]

The Comision Nacional de Valores has issued a Crowd1 securities fraud warning for Paraguay. [Continue reading…]