Negative ion energy card scammers busted in Thailand
Villagers in Thailand are being sold magical “energy cards”, prompting authorities to raid the Expert Pro Network company offices.
Expert Pro Network is a Thai MLM company owned and operated by Thanat Surin.
Early last week reports emerged of Isaan villagers being sold Expert Pro Network energy cards for 1,100 to 1,500 baht each ($35 – $48 USD). [Continue reading…]
MOBE trial set for May 2020, case referred to mediation
A June 11th Case Management and Scheduling Order has locked in a May 2020 MOBE trial date.
Settlement negotiations between the FTC and MOBE owner Matt Lloyd came to a standstill, following Lloyd’s refusal to give up sizable foreign assets. [Continue reading…]
Magnus Capital Center Ponzi collapses, pulls “regulations!” exit-scam
Magnus Capital Center has advised affiliates withdrawal requests have been suspended.
Rest assured the company is committed to updating monopoly money backoffice amounts but. [Continue reading…]
ShareNode & Nasgo can’t pay their marketing bills, get cut off
ShareNode and Nasgo affiliates have received an email from iDecide Interactive, a marketing services merchant provider.
The email states ShareNode and Nasgo haven’t paid them, and so they’re cutting the companies off. [Continue reading…]
Eagle Gates Group’s Eddy McClough still at large, D. Keller trial date
When news broke that the US face of the Eagle Gates Group Ponzi scheme had been arrested, it was assumed to be the actor that played CEO Eddy McClough.
Thai authorities arrested Derrick Matthew Keller on Monday, August 20th, 2018.
Keller, a Texas resident, was presented as the western face of the company.
While he did appear in several Eagles Gates Group marketing videos however, turns out he’s not the guy who played the fictional McClough. [Continue reading…]
Liv Review: Visalus lifestyle company spinoff
Liv launched in mid 2017 and describes itself as an ‘invite-only, global lifestyle community for passionate people‘.
The company is headed up by Visalus co-founders, Nick Sanicola (CEO), Blake Mallen (President) and Ryan Blair.
Curiously, Visalus is not mentioned in any corporate bios or the “about us” section of Liv’s website.
Although they are presented as separate companies, there does seem to be significant overlap between Visalus and Liv.
Over the past few years Visalus has been embroiled in one controversy after another.
We’re talking hacking and espionage, mass layoffs, an Amazon racket lawsuit and securities fraud class-action just to name a few.
Outside of Visalus affiliates feeling coerced into joining Liv to receive bonuses however, the two companies appear to operate independently of each other.
Read on for a full review of the Liv MLM opportunity. [Continue reading…]
World Way Capital Ponzi collapses, reboots as Extra World
Not even 24 hours after World Way Capital collapsed, the company has rebooted itself as Extra World.
World Way Capital was fronted by Sergiu Valuta.
The company’s business model saw affiliates invest on the promise of Ponzi returns paid out in USD and bitcoin.
After a few 16 to 70 day return cycles, Valuta pulled the plug. As of two days ago, the World Way Capital website returns a 404 not found error.
At the time of its collapse, Alexa pegged the top three sources of traffic to the World Way Capital website as Iran (33%), the US (11%) and Brazil (9%).
Amid widespread losses among World Way Capital investors, Extra World has launched and promises more of the same. [Continue reading…]
Forever Living Products migrates autoship recruitment to Pakistan
Forever Living Products was first reviewed here on BehindMLM back in 2013.
One of the primary concerns raised in our review was the $132 a month autoship recruitment scheme.
We revisited Forever Living Products in 2017 and were dismayed that autoship recruitment was still a focus.
Now a report out of Pakistan has raised concerns the same business model is spreading there. [Continue reading…]
NZ church laundered millions thru OneCoin while under investigation
The Samoan Seventh Day Adventist Church in New Zealand has come under fire, for allegedly laundering millions of dollars through the OneCoin Ponzi scheme. [Continue reading…]
MyCoin24 Review: Christian Laack’s OneCoin Ponzi spinoff
MyCoin24 provides no information about who owns or runs the company on its website.
The MyCoin24 website domain (“mycoin24.net”) was first registered in May 2018.
The domain registration was last updated and set to private on March 22nd, 2019.
Various posts on MyCoin24’s official Facebook page are written in German:
Note that the post above corresponds with a German website domain to sell MyCoin24 merchandise.
This strongly suggests whoever is running MyCoin24 is based out of a German-speaking country.
In the support section of the MyCoin24 compensation plan, the Skype address “calas.biz” is given.
I was able to trace this Skype account back to Christian Mark Laack, who used the same account to promote Conligus in 2014.
Conligus was a penny auction MLM company modeled on the notorious Zeek Rewards Ponzi scheme.
Conligus collapsed in early 2015.
Owners Aron, Christian and Stephan Steinkeller sold the Conligus affiliate database to OneCoin later the same year.
In return for providing the OneCoin Ponzi scheme with a list of new investors, the Steinkeller brothers received top positions in the company.
Christian Laack appears to have briefly promoted OneCoin following the Steinkeller’s sell-off.
Prior to getting involved in Ponzi schemes, Laack was promoting Sisel (2012-2014) and Network World Alliance (2010-2011).
According to Laack’s LinkedIn profile, he is based out of the Hamburg Area in Germany.
Read on for a full review of the MyCoin24 MLM opportunity. [Continue reading…]
