Miny operates in the cryptocurrency MLM niche and claims to be based out of Hong Kong.

According to Miny’s website, the company was founded by Thomas Norberg in November 2019.

Thomas Norberg, who was born in Russia and completed his Master in International Business and Management in Sweden.

Norberg’s vision was to create a platform that allows anyone from any corner of the world to earn through mining.

Norberg doesn’t appear to exist outside of Miny’s marketing material (no video), casting doubt on whether he’s an actual person.

Update 23rd November 2020 – Eight days after we published this article, Miny uploaded a marketing video featuring this guy playing Thomas Norberg:

The actor playing Norberg has a distinct European accent, marking him as a prime Boris CEO candidate.

To this day Norberg doesn’t exist outside of Miny’s marketing material, all but confirming he doesn’t exist. /end update

Miny’s website domain (“miny.cc”) was privately registered in September 2018.

At the time of publication Alexa ranks Venezuela (15%), Russia (10%) and Brazil (8%) as top sources of traffic to Miny’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…]

A lawsuit filed by Little Caesars subsidiaries in the US suggests BitClub Network funds may have been laundered through the company. [Continue reading…]

MLM Recruitment Center fails to provide company ownership or management information on its website.

Said website uses numerous stock photos to represent satisfied clients and office locations.

MLM Recruitment Center’s official YouTube channel features videos of actors in front of green screens. The rest of the content is stolen from various third-parties.

One video I recognized was BusinessForHome’s social media intro video. Here’s MLM Recruitment Center’s poorly edited plagiarized version.

Update 24th July 2020 – Sometime in the last week MLM Recruitment Center has removed their BusinessForHome video from YouTube. /end update

MLM Recruitment Center provides an address in California on their website. This is in fact a virtual office address owned by Regus.

MLM Recruitment Center’s official Facebook page is managed by “Nina Petrov”, which appears to be a bogus account (stock photo, no personalized content).

MLM Recruitment Center’s website domain (“mlmrc.com”) was first registered in 2013. The registration was last updated with private information on May 11th, 2019.

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…]

Silver Star Live was a forex themed MLM opportunity we came across in 2019.

Based on its business model we concluded that, at a minimum, Silver Star Live was engaged in securities fraud.

We first learned of CFTC action against Silver Star Live in late 2019. Two of the company’s co-owners, Candace Ross-Mahmoud and Hassan Mahmoud, settled fraud charges with the CFTC for $75,000.

Silver Star Live’s third owner, David “Quicksilver” Mayer, appears to want to defend similar allegations against him.

This prompted the CFTC to file charges against Mayer on June 11th. [Continue reading…]

Lifocity operates in the CBD and nutritional supplement MLM niches.

The company is based out of Texas and headed up by co-founders Doug and Sheila Braun (CEO and “Chief Experience Officer” respectively).

Prior to founding Lifocity in May 2019, Doug Braun was Usana’s Chief Marketing Officer.

Braun held the position from 2011 to July 2018. I wasn’t able to ascertain why he left.

In between his MLM gigs, Braun has also founded medical services and marketing companies.

Lifocity’s provided corporate address belongs to LaCore Enterprises, owned and run by Terry LaCore.

This suggests LaCore owns or is a part owner of Lifocity. This is not disclosed on Lifocity’s website.

LaCore Enterprises owns a number of MLM companies, however none appear to be in direct competition with Lifocity.

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

A Crowd1 securities fraud warning has been issued by New Zealand’s Financial Markets Authority. [Continue reading…]

All In Blockchain’s website provides no information about who owns or runs the company.

In fact as I type this, All In Blockchain’s website is nothing more an affiliate sign-in/registration form.

All In Blockchain’s website domain (“allinblockchain.net”) was privately registered on March 2nd, 2020.

Further research reveals the first video uploaded to All In Blockchain’s official YouTube channel is in Turkish.

The video description of the March 28th video reads as follows (auto-translated from Turkish):

It is an independent partnership initiative that provides worldwide education and training services in the field of finance, founded by All In Blockchain company Mr. Muhammed COŞAN.

“Muhammed COŞAN” lead me to the “Bitcoin Scams Thieves of Turkey” Facebook page, which claims “muhammet cosan”

is a long-known since 2016 and already announced since 2016!

Nowadays, he says the new lie is professional in England and has developed this fund for the benefit of the Turkish people.

Due to language-barriers I was unable to put together an MLM history on Cosan.

At the time of publication Alexa estimates that 91% of traffic to All In Blockchain’s website originates out of Turkey.

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…]

Last month we covered the Jason and Eunjung Cardiff’s attempt to have FTC proceedings against them stayed, pending a since withdrawn appeal against the sale of their house.

The Cardiffs also argued “they were not afforded due process”, and had a whinge about most of their motions being denied.

The court disagreed and denied the Cardiffs’ stay request. [Continue reading…]

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

Worse still, OpenAlexa blatantly lies about having no ownership:

Who is the Project Administrator?

In a project like OpenAlexa there is no administrator.

OpenAlexa’s website domain (“openalexa.io”) was privately registered on March 30th, 2020.

At the time of publication Alexa (no affiliation) cites India as the largest source of traffic to OpenAlexa’s website (92%).

This is a strong indication that whoever is running OpenAlexa is based out of India itself.

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…]

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

Cryptoix’s website domain (“cryptoix.org”) was first registered in April 2019. The domain registration was last updated privately on April 4th, 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…]