Cloud Token’s website provides no information about who owns or runs the company.

The Cloud Token website domain (“cloudtokenwallet.com”) was privately registered on January 27th, 2019.

Marketing videos on the Cloud Token website are presented in Chinese. The videos themselves feature a man speaking Chinese.

In one marketing video, Sheng Zhao and Simon Tran are presented as “big names behind Cloud Token”.

Just a note on the photo itself, it was taken at a World BlockChain Forum event.

Sheng Zhao (aka Zhao Sheng) is one of the World Blockchain Forum’s co-founders.

In another marketing video, the following image is presented as Cloud Token’s “prelaunch in China”.

The event was purportedly held in China a few weeks ago.

The two people credited in English in the photo are Ronald Aai and Daniel Csokas. Sheng Zhao stands to the right of Csokas (center)

Ronald Aai (right) is based out of Singapore and is one of those random people you see listed in crypto whitepapers.

Officially Aai credits himself as a cryptocurrency consultant, specializing in platform design.

As far as I can tell, none of the crypto projects Aai has associated himself with have gone anywhere.

Daniel Csokas (right) is also based out of Singapore and appears to be an MLM crypto freshman.

On his personal Twitter profile, Csokas cites himself as an “organic chemist based in Singapore”.

Sheng Zhao appears to be attached to the Plus Token Ponzi scheme through World Blockchain Forum.

Plus Token was promoted to attendees of a World Blockchain Forum event held last September.

In the marketing video the first screenshot above was taken from, Tran (right) is credited with “bringing Cloud Token to North America”.

Tran himself is based out of Toronto, Canada. Prior to Cloud Token Tran was promoting Plus Token.

Before he got into cryptocurrency scamming (mid to late 2018), Tran was promoting Enagic’s Kagen water filters.

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…]

The RB Global Crypto Bank fallout continues, with a former admin now spilling the beans on Laurie Suarez’s fraud.

Daryl Grigg was high enough in RB Global Crypto Bank to feature on the company’s “about us” page.

He also had access to the company’s official Facebook group, which he briefly took possession of earlier today. [Continue reading…]

Last year Kuvera Global was soliciting investment into the Ryze AI trading bot. The company’s broker of choice was Capital City Markets.

Almost a year on from the CFTC clamping down on Investview, Kuvera Global’s parent company, affiliate investors still have funds tied up in Capital City Markets. [Continue reading…]

Evidently the RB Global Crypto Bank RBGC exit-scam isn’t liquidating ROI liabilities fast enough, prompting Laurie Suarez to implement hard withdrawal limits. [Continue reading…]

A new class-action filed in Texas accuses Young Living of operating as an illegal pyramid scheme cult.

The lawsuit, filed by Julie O’Shaughnessy, also claims Young Living is a front for “selling essential oils for quasi-medicinal purposes”. [Continue reading…]

The 30 Day Success Formula provides no information about who owns or runs the business.

The 30 Day Success Formula website domain (“30daysuccessformula.com”) was privately registered on May 20th, 2017.

Despite the age of the domain, 30 Day Success Formula itself only recently relaunched.

Looking at archived copies of the 30 Day Success Formula website, it seems the company has adjusted entry costs over the past two years.

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…]

There’s probably no group more salty in MLM  right now than TelexFree victims with approved claims.

The TelexFree claim portal went live back in mid 2016. Almost three years later, not one distribution payment has been made.

Now, a Status Report filed by the Trustee on April 12th, provides insight into why. [Continue reading…]

The National Reserve Bank of Tonga has issued a warning against participation in WorldVentures. [Continue reading…]

Pure began as Genesis Pure, an MLM company launched in 2009.

Heading up Genesis Pure was CEO and Chairman Lindsey Duncan, until the FTC went after Duncan for fraud in 2014.

In the wake of the FTC’s lawsuit, Genesis Pure scrubbed any mention of Duncan from their website.

Duncan settled the FTC’s allegations for $9 million in January, 2015.

I’m not exactly sure when Genesis Pure was renamed Pure. but the first Pure branded video appeared on their company’s YouTube channel on June 23rd, 2017.

Today Pure is headed up by Daren Hogge.

Hogge first appeared on BehindMLM in June 2016, as founder, President and CEO of Q Sciences.

In August 2018 we published an updated Q Sciences review, noting Hogge was nowhere to be found.

There’s no mention of Darren Hogge and whether he’s still involved with Q Sciences is unclear.

I did try to research if he’d left and why but turned up nothing.

Further research reveals Hogge was appointed CEO of Pure in December, 2016.

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

AloeVeritas appear to be selling expired Drink Gel product in the US, dating as far back as July 2017. [Continue reading…]