Unexa fails to provide verifiable ownership or executive information on its website.

Supposedly Unexa is run out of Melbourne, Australia by founder and CEO Viktor Eskola.

Eskola doesn’t exist outside of Unexa’s marketing. This is because he’s played by Ukrainian national Alexander Pelekh/Peleh (aka Oleksandr Pelekh, Александр Пелех).

As per Pelekh’s corporate bio above, he claims “almost 20 years experience working at SES”.

SES is a satellite communications company based out of Luxembourg. Pelekh purportedly worked at SES’ Kiev office in Ukraine.

At one point Pelekh was also promoting the MLM company DuoLife:

Pelekh’s distributor profile photo is still available on DuoLife’s website. Note the link won’t work but if you copy and paste the URL into a new browser window it’ll come up.

As for Melbourne, Unexa offers up meaningless shell company certificates for Unexa Pty Ltd.

ASIC are known for non-regulation of MLM fraud. Furthermore anyone can register a company with ASIC using whatever bogus details, there is no verification.

For this reason ASIC registration is favored by scammers residing outside of Australia.

With respect to MLM due-diligence, ASIC registration certificate as proof of legitimacy is therefore meaningless.

Unexa also offers up a purported Melbourne, Australia office marketing video:

It’s the usual affair with rented office space, a stale working environment, corny flags and actors playing office staff. Various shots in the video reveal the space was provided by Agility.

On its website Agility claims to provide access to “3,200 Global office space locations”.

Boris CEO MLM schemes are typically the work of Russian scammers. Given Alexander Pelekh’s ties to Ukraine, we also can’t rule out Ukrainian scammers.

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…]

Indian authorities have seized ₹4.3 billion in cryptocurrency, gold and cash ($51.9 million USD).

As reported by The Hindu on April 1st, the assets are tied to BitConnect’s “Divyesh Darji and others”. [Continue reading…]

FutureNet 2024 fails to provide ownership or executive information on its website.

FutureNet 2024’s website domain (“futurenet9.com”), was privately registered on December 16th, 2023.

Despite the 2023 registration date, the first video uploaded to FutureNet 2024’s official YouTube channel was on January 14th, 2024. The first post on FutureNet 2024’s Telegram group was posted on January 18th.

Because of this, we’re denoting FutureNet as “FutureNet 2024” in this review. This is to avoid confusion with the original FutureNet Ponzi scheme, launched in 2014.

As far as I can tell there’s no relation between the two schemes.

As of February 2024, SimilarWeb ranked top sources of traffic to FutureNet 2024’s website as India (24%), Vietnam (20%) and the US (19%).

Over on social media we find dodgy FutureNet 2024 AI avatar marketing videos all using the same template, as well as a recent post celebrating an Indian national holiday.

It’s likely whoever is running FutureNet 2024 has ties to India.

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…]

Cash Factory fails to provide ownership or executive information on its website.

Cash Factory’s website domain (“cash-factory.me”), was privately registered on January 30th, 2024.

Cash Factory’s official Telegram group was created on March 11th. The first post in the group cites Thorstein Feit as Cash Factory’s admin.

Known German admin from Bavaria (Thorsten Feit currently living in Spain) and team.

Whether Thorsten Feit actually exists is unclear.

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…]

RothCard fails to provide ownership or executive information on its website.

RothCard’s website domain (“rothcard.com”), was privately registered on December 15th, 2023.

Of note are the only contact points for RothCard on its website being a Telegram channel and address in Sharjah, UAE.

Sharjah is just a stone’s throw away from Dubai, the MLM crime capital of the world.

RothCard’s website Terms and Conditions cites “Streamline LLC”. Where this shell company is incorporated, if at all, is not disclosed.

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…]

TON Booster doesn’t have a website. TON Booster instead operates as a Telegram bot.

These were a thing a decade or so back but quickly died out. Of the Telegram bot scams BehindMLM came across, most were run by Russian scammers.

Reflecting this, the Central Bank of Russia put out a TON Booster pyramid fraud warning on October 10th, 2023.

Note tha CBR’s warning cites the domain “tonbooster.ru”. This domain has since been disabled.

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…]

Rather than just be upfront about its fourth co-founder, Nelo Life has chosen to dance around Orkan Arat’s involvement.

All Nelo Life promotional material thus far has failed to disclose Arat as a Nelo Life co-founder.

In fact on a recent Nelo Life webinar, co-founder Eric Allen was downright childish about it. Allen acknowledged a fourth Nelo Life co-founder but referred to him only as “Big O”.

Separately I’ve been informed this is because of Arat’s involvement in another MLM company.

Further research into Nelo Life’s white labelled nutritional supplements might provide some clues. [Continue reading…]

DC-BTC fails to provide ownership or executive information on its website.

DC-BTC’s website domain (“dc-btc.cc”), was first registered in 2022. The private registration was last updated on January 24th, 2024.

Starting with “Mavrodi’s mathematics”, DC-BTC presents itself as a reboot of the MMM Global Ponzi scheme.

DC-BTC System – it’s an International Association of Bitcoin enthusiasts!

The growth of the project provides the unique Mavrodi’s Mathematics embedded in the blockchain system.

BehindMLM first documented Sergey Mavrodi’s MMM Global Ponzi scheme in 2015. Since then there have been umpteenth reboots.

Mavrodi himself died reportedly destitute in 2018. Nevertheless, Russian scammers continue to reboot MMM Global under various names.

The last MMM Global Ponzi reboot BehindMLM documented was MMM FSTP in March 2023. MMM FSTP has since collapsed.

DC-BTC appears to be more of the same, likely run by the same Russian scammers behind the other reboots.

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 latest chapter in the ongoing Qyral saga is the granting of a Temporary Restraining Order against Dariusz Banasik.

Hanieh Sigari filed for an ex-parte TRO against her husband earlier in the week, after he ousted her from Qyral on March 22nd. [Continue reading…]

iX Global’s IN8 NFT grift, purportedly running on Debt Box’s technology, has collapsed.

As per a March 27th message to investors on IN8’s website; [Continue reading…]