QNet human trafficking recruitment ring busted in Liberia

Evidently QNet International’s pyramid scheme isn’t doing to well, prompting the company to use human trafficking as a recruitment tool.

No, that’s not a play on words. Authorities in Liberia have made arrests, smashing QNet International’s human trafficking ring. [Continue reading…]


Vixes Review: Daily ROI cryptocurrency mining Ponzi

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

Vixes’ website domain (“vixes.biz”) was privately registered on August 6th, 2019.

In an attempt to appear legitimate, Vixes provides an address in New South Wales, Australia on its website.

Further research reveals this address is shared by Servcorp, a virtual office provider.

At the time of publication Alexa cites Brazil (30%), Venezuela (11%) and Egypt (6%) as the top three sources of traffic to Vixes’ website.

It is highly likely that whoever is running the company is based out of one of these three countries.

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…]


BitBox Social Review: 120 day ROI adcredit Ponzi scheme

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

BitBox Social’s website domain (“bitboxsocial.com”) was privately registered on March 22nd, 2020.

As evidenced by their support email BitBox Social owns “bitboxsocial.net”, also registered privately on March 22nd.

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…]


Gilbert Armenta’s OneCoin fraud indictment

Gilbert Armenta, a resident of Florida, was a key figure in OneCoin’s money laundering operations.

He has also been romantically linked to OneCoin’s founder, Ruja Ignatova.

On September 12th, 2017, Armenta was indicted by a Grand Jury on three counts of extortion; conspiracy to commit extortion, attempted extortion and travel act extortion.

Armenta was arrested in Connecticut the following day on September 13th. [Continue reading…]



Mind Capital & EXW illegal in Italy, websites blocked

Mind Capital and Exchange Wallet, both MLM Ponzi schemes, have been declared illegal in Italy.

CONSOB, Italy’s top financial regulator, has ordered both company’s websites blocked. [Continue reading…]


Jason Cardiff incarcerated if Aug 31st deadline not met

Even before their July 24th contempt hearing, the Cardiffs continued to serve up fresh delicious popcorn.

On the eve of their contempt hearing, Defendants Jason and Eunjung Cardiff filed nearly 1000 pages of unsolicited, unexplained exhibits, without leave of court.

What is more, they failed to comply with sealing procedures under the Local Rules for personal identifiers, revealing unredacted social security numbers, birthdates, home addresses, phone numbers, email addresses, and the names of their own minor children on the public docket.

The Court sua sponte seals the document and admonishes Defendants counsel that the failure to comply with all Local and Federal Rules may result in the imposition of monetary or other sanctions upon counsel.

What a tone to set before a hearing that might very well send you to prison. [Continue reading…]


Payza co-founders plead guilty to money laundering

Payza co-founders Firoz and Ferhan Patel have pled guilty to money laundering fraud charges.

The pair were indicted back in March 2018, with the guilty plea bringing criminal proceedings against them to a close. [Continue reading…]



Gensminers Review: 130% daily ROI Ponzi scheme

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

Gensminers’ website domain (“gensminers.com”) was privately registered on June 2nd, 2020.

In an attempt to appear legitimate, GensMiners provides two blurry UK incorporation certificates on its website.

UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy 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…]


Adora Investment Review: 2% a day Ponzi scheme

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

Adora Investment’s website domain (“adorainvestment.com”) was privately registered on January 14th, 2020.

Despite not existing until earlier this year, Adora Investment claims it was founded “on 14th of January, 2015.”

In an attempt to appear legitimate, Adora Investment provides a fake address in Sydney, Australia on its website.

Adora Pty. Ltd., a company registered with ASIC, is also provided.

Considering Adora Pty. Ltd. was registered with ASIC back in 1991, it’s unlikely to have anything to do with Adora Investment.

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…]


Liyeplimal Review: Limo and XAF Ponzi points

Liyeplimal operates in the MLM cryptocurrency niche and operates out of Douala, Cameroon.

Despite the company’s website domain being registered in February 2018, Liyeplimal claims it was “created in 2017”.

Heading up Liyeplimal is Simb Emile Parfait, cited as CEO and founder of Global Investment Trading.

Liyeplimal’s website footer states it is a “Global Investment Trading product”.

Prior to founding Global Investment Trading and Liyeplimal, Parfait was promoting BeOnPush, Game Loot Network and MGlobally.

BeOnPush and MGlobally were Ponzi schemes. Game Loot Network combined pyramid recruitment with securities fraud.

At the time of publication Alexa cites Cameroon (65%), Canada (16%) and Bangladesh (12%) as top sources of traffic to Liyeplimal’s website.

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