As part of its legitimacy ruse, the World Way Capital Ponzi scheme pretended to have regulatory approval in Canada.

In response to these claims, the Bank of Canada has issued a press-release confirming World Way Capital is a “fraudulent investment scheme”. [Continue reading…]

On June 3rd a $778,455 final judgment was entered against Faith Sloan.

Sloan’s judgment was part of the SEC’s case against TelexFree scammers, who collectively stole over $3 billion from their victims.

As part of the judgment, Sloan is “permanently restrained and enjoined” from committing securities fraud.

Trouble is that while her attorney was engaging the SEC, Sloan was and continues to openly commit securities fraud. [Continue reading…]

Piecing together Healy World’s corporate history is difficult.

This is for two reasons:

1. Healy World natively operates in German; and
2. Healy World provides no company formation information on their website.

The earliest I was able to find on Healy World as it exists today is a mid 2017 YouTube video titled, “Marcus Schmieke about the new Healy system”.

On Healy World’s website, Schmieke is cited as ‘the inventor and developer of the Healy and TimeWaver products‘.

Another possibility is that although Healy World as a company has been around since mid 2017, the MLM opportunity launched earlier this year.

TimeWaver was launched in 2017. There’s various devices for sale on the TimeWaver website, however the MLM opportunity seems to only be offered through Healy World.

Both Healy World and TimeWaver appear to be operated out of Berlin, Germany.

As far as I can tell, Schmieke doesn’t have an MLM history prior to founding Healy World.

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

As part of a May 31st filed Status Report, the USFIA Receiver has provided an update on victim claims. [Continue reading…]

RegalCoin launched in late 2017, at the height of the BitConnect lending Ponzi craze.

RegalCoin itself was unremarkable. In our September 2017 review, we noted it was just another BitConnect clone.

Turns out this was true beyond the business model, following Indian authorities outing Divyesh Darji in connection to RegalCoin. [Continue reading…]

A Traffic Monsoon appeal court docket order has revealed Charles Scoville has until June 21st to file his Supreme Court writ. [Continue reading…]

Six Figure Stamp Club provides no information on their website about who owns or runs the business.

The Six Figure Stamp Club website domain (“sixfigurestampclub.com”) was privately registered on November 9th, 2018.

Six Figure Stamp Club provide a PO Box in Columbus, Ohio as a corporate address on their website.

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…]

UniHelps provides no information on their website about who owns or runs the business.

The UniHelps website domain (“unihelps.com”) was registered on April 1st, 2019.

No details other than the location Paris, France are provided in the registration.

On UniHelps’ official Facebook page, the company location provided is Delhi, India.

This corresponds with Hindi language marketing videos and descriptions on UniHelps official YouTube channel:

It is highly likely that whoever is running UniHelps is based out of India itself.

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…]

Puratae operates in the nutritional supplement MLM niche and appear to be based out of Utah.

I say appear because the corporate address provided on Puratae’s website belongs to a law firm.

Puratae provides no information about who owns or runs the business on their business website.

Further research reveals Marty and Heather Holker both citing themselves as CEO of the company in their respective LinkedIn profiles.

The only acknowledgement of the Holker’s executive role within Puratae is a February 2019 blog post, which reveals they are also founders of the company.

Why this information isn’t provided on the Puratae website proper is unclear.

According to their respective LinkedIn profiles, prior to founding Puratae the Holkers were promoting NuSkin (2006-2009, Blue Diamond Executive) and Synergy Worldwide (2010-2018, Pearl Executive).

The Holkers left Synergy Worldwide in August 2018. I wasn’t able to ascertain why the Holkers left the company.

In any event there must have been some planning on their side, as Puratae was founded within a month of their departure.

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

Globallee are based out of Texas and operate in the nutritional supplement MLM niche.

Globallee do provide executive information on their website, although for some reason the company’s co-founders are only presented as “industry experts”.

Further research reveals Globallee’s “industry experts” are co-owners of the company; Mark McKnight (CEO), Lamia Bettaieb (President) and Nauder Khazan (Chairman).

In his Globallee corporate bio, McKnight is credited with

creating and manufacturing products for the direct selling industry for twenty-five years.

McKnight’s LinkedIn bio details his work in the nutritional supplement niche dating back to 1995, as Vice President of Sales and Marketing at ACI “Natural Products”.

In 2008 McKnight appears to have gone solo as a Senior Industry Consultant.

In 2010 he then signed on as President of Healthy Natural, a role in which he oversaw

new product development, key customer relations and overall administrative duties.

In 2017 McKnight returned to independent consulting, up until the launch of Globallee in January 2019.

Lamia Bettaieb was a top earner in World Global Network.

Nauder Khazan first popped up on BehindMLM’s radar in 2011, as founder and CEO of Stiforp.

Stiforp combined useless marketing with pyramid recruitment. The company website is still up today although the status of the business is unknown (the website is just a login page).

In addition to Stiforp Khazan also runs AliveMax, a spray supplement and personal care MLM opportunity.

As with Stiforp, AliveMax still appears to be operational.

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