Paytron BTC provides no information about who owns or runs the company on their website.

Further research reveals an official Paytron BTC YouTube channel. The video hosts three Paytron BTC marketing videos, each narrated by Johnny Ganoza.

I was able to verify company ownership with a visit to Ganoza’s “Johnny Gan” Facebook profiles:

Johnny Ganoza (right) has appeared on BehindMLM in connection with a number of schemes over the years.

These include Xtreme Pro System (2014), Average Joe Profit System (2015), PowerPost Profits (2015), The PLR System (2015), The $100 System (2016), Post 2 Profits (2017), Hustle With Us (2017), BitPayProfits (2017) and Infinity Loops (2018).

Ganoza’s schemes all have fraudulent business models and tend to collapse shortly after launch.

Read on for a full review of the Paytron BTC MLM opportunity. [Continue reading…]

Legends VIP Network doesn’t explicitly clarify who runs or owns the business on their website.

Marketing videos featured on Legends VIP Network’s website however feature Val Smyth:

Smyth is also the owner of the Legends VIP Network website domain, which was first registered in 2014.

Smyth first popped up on BehindMLM’s radar in 2015 as co-admin of Total Takeover.

Total Takeover was a relatively short-lived recruitment scheme. A few months after launch Total Takeover collapsed.

Later in the year Smyth returned with The Elite Networker, another recruitment-driven opportunity.

In 2016 Smyth launched Mentoring Millionaires, a combination pyramid gifting scheme.

At the time of publication the Mentoring Millionaires website is misconfigured.

With an Alexa website traffic ranking of over ten million, it’s a safe bet that Mentoring Millionaires has long-since collapsed.

Of note is Val Smyth’s use of a Canadian address to register the Legends VIP Network website domain.

A Washington address is provided on the Legends VIP Network website terms and conditions.

Read on for a full review of the Legends VIP Network MLM opportunity. [Continue reading…]

Proceedings in the OneCoin victim class-action have hit a snag, due to difficulty in executing service on several defendants. [Continue reading…]

Prosecutors have filed criminal charges against five OneCoin promoters in Finland. [Continue reading…]

Ernie Ganz appears to have taken the legal side of his clawback lawsuit into his own hands…

…and things are going exactly as you’d imagine they would. [Continue reading…]

The FTC Commission has approved settlements with Scott Chandler, Louis Gatto, Thomas Dluca and Eric Pinkston.

Details of the settlements reveal over a million dollars in ill-gotten gains will be turned over. [Continue reading…]

A coder behind the RB Global Crypto Bank Ponzi scheme has threatened whistleblowers with legal action.

Bobby Sehgal styles himself as “Bobby Sehgal VP” on Facebook, though we’re not sure what he’s the Vice-President of.

Nonetheless, not happy about being called out over his involvement in RB Global Crypto Bank, Sehgal took to Facebook yesterday to address his critics. [Continue reading…]

Liquid Gold RX provides no information on their website about who owns or runs the business.

Liquid Gold RX’s website domain (“liquidgoldrx.com”) was privately registered on September 10th, 2018.

Liquid Gold RX’s website references “Wellness Research Group International”, however I wasn’t able to find any additional information on this company.

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 our Vexa Global review published a few months back, we noted identification of company ownership was inconclusive.

Now, via a recently emerged paper trail, it appears a serial-scammer from Poland might be behind the scheme. [Continue reading…]

The Exp Asset mobile wallet Ponzi scheme has collapsed.

Rather than admit they ran out of money though, Exp Asset has pulled a “we got hacked!” exit-scam. [Continue reading…]