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…]

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…]