HB 162 MLM “house bill” has passed Delaware’s House of Representatives. [Continue reading…]

Nexa Evergreen Ponzi founders, Subhash and Ranveer Bijarani, have made off with Rs. 26.7 billion (~$309 million USD). [Continue reading…]

Mirror Trading International’s South African liquidators have bungled court proceedings in the UK.

As reported by Moneweb on June 18th, MTI’s liquidators filed a “UK application” to avoid a statute of limitation in South Africa. [Continue reading…]

EnerUp World presents itself as

a licensed Canadian company specializing in the manufacturing and B2B distribution of high-quality food supplements, skincare, organic and natural products, cosmetics and aromatherapy essential oils and diffusers.

EnerUp World operates from the domain “enerupworld.com”, privately registered on November 29th, 2016.

While Enerup World’s website does have an “our team” menu option, for reasons unknown it is currently disabled:

Further research reveals Janneth Dacay Formentera presented as Enerup World’ President and CEO.

As per Formentera’s Enerup World corporate bio;

Janneth Formentera is President and CEO of EnerUp World, Janneth oversees operation of the company’s direct selling since its inception in December 2016.

She studied Dental Medicine in Davao City, Philippines. Migrated in Canada in 2009 and studied in Bow Valley College as Health Care Aid, worked as a nursing attendant and insurance broker together with her husband for three years in Calgary, Alberta, Canada.

As above, it doesn’t appear Formentera has any MLM executive experience prior to launching Enerup World.

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

Amid pending settlements and default judgments against those who ran the scam, the CFTC has opted to voluntarily dismiss its Fundsz as a corporate entity. [Continue reading…]

USDT Mining Pro fails to provide ownership or executive information on its website.

USDT Mining Pro’s website domain (“pos.tx111.club”), was privately registered on April 28th, 2025.

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…]

Kharpa Unity Network fails to provide ownership or executive information on its websites.

To hide company ownership and executives, Kharpa Unity Network represents it is run through a Decentralized Autonomous Organization (DAO).

The DAO ruse in MLM is neither decentralized or autonomous. DAOs are typically used scammers to hide their operation of fraudulent schemes.

Kharpa Unity Network operates from two known website domains:

1. kharpa.network – privately registered through an address in China on February 23rd, 2025
2. kharpanetwork.com – privately registered on January 13th, 2025

Kharpa Unity Network’s .network domain having a mostly private Chinese address suggests whoever is running it has ties to China.

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…]

Collapsed billion dollar MLM pyramid scheme Iyovia is failing to meet its financial obligations.

Iyovia customer data is also being deleted and Iyovia co-founders Chris and Isis Terry have gone underground. [Continue reading…]

Visionary AI Cinema fails to provide ownership or executive information on its website.

Visionary AI Cinema operates from three known website domains:

1. vacc-check.com (marketing website) – private registration last updated on March 23rd, 2025
2. h5.visionaryaicinema.vip (app) – private registration (partial bogus details), last updated on March 17th, 2025
3. vac.dxw123.top (already abandoned) – privately registered on August 25th, 2024

If we look at the source-code for Visionary AI Cinema’s support platform, we find it runs on Meiqia:

Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running Visionary AI Cinema has ties to China.

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…]

Following an interim $1.1 million distribution payment and pending $200,000 final distribution payment, the SAEG Receiver has filed a motion requesting the Receivership be closed. [Continue reading…]