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

Happy Donation’s website domain (“happy-donation.net”) was first registered in 2016.

The anonymous registration was last updated in October 2018.

Despite natively appearing in German, Alexa estimates 63% of visitors to Happy Donation’s website originate from Russia.

The Ukraine is the second largest source of traffic at 21%.

Though not definitively conclusive, this data points to whoever is running Happy Donation being based out of Europe.

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…]

A while back Global Game Arena owner Frode Jorgensen reached out regarding “GGA 2.0”.

Following Global Game Arena’s collapse back in April, today we revisit the opportunity to see what’s changed. [Continue reading…]

The FTC vs. Redwood case seems to have fallen off my calendar, likely due to me forgetting to pen down an update.

In any event I was reminded of the case earlier today by a reader.

Looking at the case docket, wooh it’s a bit of a doozy. [Continue reading…]

Following a failed bid to blame the DOJ for production of evidence so close to trial, Mark Scott’s OneCoin trial has been postponed till November. [Continue reading…]

Top MOBE affiliate Steven Bransfield has revealed the FTC is going after him.

The revelation was noted by the MOBE Receiver in his latest August 29th update report, following Bransfield’s bankruptcy filing. [Continue reading…]

The SEC has filed a lawsuit against Bitqyck and owners Bruce Bise and Samuel Mendez.

The regulator alleges Bise and Mendez ” engaged in deceptive conduct”, and that Bitqyck itself was a $13 million dollar scam. [Continue reading…]

The Danish Veterinary and Food Administration has issued a warning regarding several of Valentus’ coffee blends. [Continue reading…]

With just five weeks to go till his OneCoin criminal trial, Mark Scott has backflipped on the review process he’s been fighting against for months.

The DOJ has labelled Scott’s backflip an obstruction. And indeed the actions of Scott and his attorneys will now likely lead to a delay in his trial. [Continue reading…]

Genesis Business Group operate in the trading MLM niche.

The company’s website domain (“goldtinkle.com”) was registered on December 9th, 2018.

Heading up Genesis Business Group is founder and Group Chairman, David Cheng.

While Cheng (right) appears to be a real enough person, I was unable to find anything about him outside of Genesis Business Group marketing.

Mr. David Cheng was a Hong Kong born, British citizen, educated and brought up in England.

Mr. Cheng received his MBA in Business Management and Administration in 2007.

He has two decades experience in finance and devoted in the particular field of promoting products.

That last sentence is particularly suspicious given the lack of independent information on Cheng available.

On the corporate side of things, Genesis Business Group is based out of Malaysia.

In what appears to be an attempt at disingenuous regulatory compliance, Genesis Business Group provides details of NFA registration.

According to their website,

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry.

For the purposes of regulatory due-diligence, Genesis Business Group’s NFA registration is meaningless.

Highlighting this even further is that, even though Genesis Business Group has an NFA ID, its registration page states it’s a “non-member and not subject to NFA oversight”.

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

Following the collapse of its Ponzi scheme, Exp Asset continues to string investors along.

The latest is a fourteen-day deadline for affiliate refunds. [Continue reading…]