Arego Life operates in the nutritional supplement MLM niche.

The company is based out of Utah and headed up by co-founders Don Coplin, Jim Douville and Adam Baadsgaard.

In his Arego Life corporate bio, Don Coplin is cited as a “retired dentist” and “avid researcher and formulator”.

Prior to co-founding Arego Life, Jim Douville promoted Nerium International and then Rain International.

Douville appears to have left Rain International sometime in late 2017 or early 2018. I wasn’t able to establish why.

Adam Baadsgard also came over from Rain International. He was promoting the company as a Black Diamond up until late 2017.

Arego Life was founded a few months later in March 2018.

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

Options Knight provides no information on its website about who owns or runs the business.

In the footer of Options Knight’s website, the company claims to be ‘Owned by Crystal Finance LLC’. A virtual office address in Miami, Florida is also provided.

A search of Florida’s Division of Corporation reveals an entry for Crystal Finance LLC, first incorporated back in June 2017.

Whether the actual Crystal Finance LLC has anything to do with Options Knight is unclear.

Option Knight’s website domain (“optionsknight.com”) was first registered in 2018.

The private registration was last updated on May 14th, 2019, which is likely when the current owner(s) took possession of it.

Options Knight’s website defaults to Portuguese, suggesting whoever owns it is either from Portugal or a Portuguese speaking country.

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…]

CannerGrow claims to operate in the MLM cryptocurrency niche.

CannerGrow’s website domain (“cannergrow.com”) was registered on April 5th, 2019.

Sascha Waeschle is listed as the owner, through an address in Rottweil, Germany.

According to CannerGrow’s website, the company is “a project founded by Cannerald”.

Cannerald claims to be a “Swiss research and production company of cannabis.”

According to a Cannerald marketing presentation;

The company was founded in 2017 as a project of MSL Industries GmbH and was spun off as a separate company on 18.07.2018 as Cannerald GmbH based in Pfäffikon, Switzerland.

The four founders of Cannerald, Sascha Adrian Waeschle, Severin Jem Amweg, Levin Kim Amweg and Maik Marcel Pietrowski founded the company with the aim of becoming Europe‘s largest cannabis producer and exporter.

The only link to MLM I was able to establish is a June 2019 interview, in which Maik Pietrowski states he

started in multi-level marketing for insurance in 2014.

Followed by the sale of vacuum cleaners and then the online marketing with various networks.

Cannerald’s website domain was registered in late December 2017. The company claims it was “registered in July 2018.”

Despite launching roughly a year ago, Alexa tracks next to no traffic to Cannerald’s website (rank ~5 million).

This suggests Cannerald as a stand-alone business was a flop.

CannerGrow appears to have been launched a few months ago to resuscitate what’s left of Cannerald.

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

One of the more endearing mysteries surrounding OneCoin is fate of its two short-lived CEOs; Pierre Arens and Pablo Munoz.

With input from a OneCoin insider, today we go behind the scenes to shed light on their abrupt departures. [Continue reading…]

LEO owner and CEO Dan Andersson has announced existing commission balances are being held hostage, pending new investment from recruited affiliates.

Andersson’s announcement was made in a “Special Global Associate Meeting”, held yesterday. [Continue reading…]

In a desperate bid to legitimize his CMDX Ponzi scheme, owner Tom McMurrain has been talking up public trading on the OpenLedger exchange.

Those negotiations seem to have gotten as far as OpenLedger allowing deposits in CMDX, but as far as I can tell no actual public trading took place.

Now OpenLedger has announced it’s pulling the plug on CMDX support. [Continue reading…]

A new report from the Daily Mail has confirmed John Barksdale remains in custody while authorities investigate.

Barksdale was arrested in connection with his Ormeus Global Ponzi scheme. [Continue reading…]

Credit Star Funding is owned and operated by CEO Riccardo Ferrari, who claims to be based out of California in the US.

Credit Star Funding’s business model is simple; the company pitches a promise to get its affiliates funded.

Once funded, Credit Star Funding affiliates are expected to plough their loan into “non-collateral funding and Artificial Intelligence income systems.”

And by that Credit Star Funding is referring to Ponzi schemes. More on that later. [Continue reading…]

A report covering deportation of criminal from Ghana has revealed QNet “employees” are among those deported. [Continue reading…]

Authorities in Thailand have arrested serial scammer John Barksdale.

Barksdale is primarily known as the owner of the collapsed Ormeus Global Ponzi scheme.

Barksdale was arrested in Bo Put, Samui District, on a Bangkok warrant back on July 8th. [Continue reading…]