OneOkada operates in the supplement MLM niche and is based out of Quezon City in the Philippines.

Heading up OneOkada is Alexander Salvador, who cites himself as “emperor” of the company.

In Salvador’s OneOkada corporate bio he’s credited with

decades of his experiences in both traditional and network marketing businesses.

Possibly due to language barriers, I was unable to verify Salvador’s MLM history.

Update 3rd April 2019 – A February 16th Manila Standard article identifies Alexander Salvador as an architect by trade.

The article identifies Forever Living and GoldQuest (later rebranded QNet) as companies Salvador promoted in the 1990s.

Two years later, Salvador along with 80 leaders from GoldQuest established another company called Power Homes Unlimited Corp. which was later ordered closed by the Securities and Exchange Commission for soliciting investments from the public.

In 2011 Salvador launched OneGoal.

OneGoal was an MLM company selling Gravitrol, touted as a cancer treatment. It collapsed in 2012. /end update

What I was able to verify is that in addition to launching OneOkada, Salvador (right) also runs the Cut & Fix hair salon chain in the Philippines.

On the OneOkada website, Salvador is cited as

the man behind the success of the most profitable salon brand for the past 5 years, the CUT & FIX INTERNATIONAL SALON.

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

Dunamis Mining provides no information on its website about who owns or runs the business.

The Dunamis Mining website domain (“dunamismining.com”) was privately registered on October 26th, 2018.

Further research reveals Dunamis Mining affiliates naming Jeremie Sowerby (right) as CEO of the company.

According to Sowerby’s personal Facebook profile, he’s based out of Ontario, Canada.

Despite this, Dunamis Mining represents that it is an Arizona Limited Liability Company.

A search of the Arizona Corporation Commission does reveal an entry for Dunamis Mining LLC, however it as has been inactive since January 17th, 2019.

The stated reason for Dunamis Mining LLC’s inactive status is “incomplete formation”.

As such, outside of a non-active US shell company, Dunamis Mining doesn’t appear to have any registered business operations in the US.

Owing to Jeremie Sowerby being based out of Canada, it is assumed Dunamis Mining is also being operated out of Canada.

In 2017, Jeremie Sowerby was promoting My Trader Coin.

My Trader Coin touted $550 day returns through cryptocurrency trading. In reality it was a Ponzi scheme and collapsed around six months after launch.

Prior to getting involved in cryptocurrency scams, Sowerby was a Kyani affiliate through Team Fusion.

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

Someone in New Zealand has come up with a novel way to push doTerra products.

The unnamed affiliate convinced a bunch of local schools that placing a doTerra diffuser in classrooms, would “stop the spread of viruses and keep children focused at school”.

Not everyone is on board though, with one parent going so far as to threaten to take the school to the High Court. [Continue reading…]

In a March 27th filing, the SEC has moved to voluntarily dismiss two claims of securities fraud against TelexFree defendant Faith Sloan. [Continue reading…]

Payza, one of the three parties the Zeek Receiver is pursuing over a $13.1 million clawback, has agreed to a consent judgment for the full amount owed. [Continue reading…]

AloeVeritas launched in the US in late 2017 and operates in the nutritional supplement and personal care MLM niches.

The company is based out of Texas and is headed up by AloeVeritas founder and CEO, Chris Hardy.

Hardy’s AloeVeritas’ corporate bio states he’s

an expert in global operations and aloe vera. He spent 8 years on the Board of Directors for the International Aloe Vera Science Council, was elected by his peers to be the President of the IASC in 2009, serving as the Chairman of the Board in 2011-2012.

As per Hardy’s LinkedIn profile, he’s also the CEO of HW&B Enterprises.

HW&B Enterprises seems to be an umbrella corp for AV Europe GmbH (Germany) and Aloe Veritas SE Asia.

AloeVeritas appears to have initially launched as a German MLM company in 2016. That doesn’t seem to have gone anywhere though.

I couldn’t find a record of AloeVeritas in south-east Asia, so either that also flopped or is still in the planning stages.

AloeVeritas’ 2017 entry into the US market caught the attention of Nerium International (now Neora).

In a lawsuit filed on October 30th, 2017, Nerium alleged

AloeVeritas has little, if any, name recognition in the United States. Nor does it have any track record of success selling cosmetic products.

So AloeVeritas instead decided to hijack Nerium’s product names, Nerium’s product packaging, and Nerium’s track record of success, stating on its website that it has launched a “New Nerium,” and that the “bestselling day and night creams” are “better than ever!”

Worse yet, AloeVeritas has even attempted to hijack the science that proves the effectiveness of Nerium’s products, copying the results of a clinical study from Nerium’s website and suggesting to consumers that its products yield the same results.

All of this is false.

As of June 2018 AloeVeritas was still defending the matter. The case however appears to have been confidentially settled between June and early August 2018.

On the surface AloeVeritas appears to have dropped any reference to Nerium in their products and marketing.

Before launching AloeVeritas in the US, Chris Hardy was Vice President of World Manufacturing at Forever Living Products (2005-2013).

Perhaps not so surprisingly, Forever Living Products is also an aloe vera focused company.

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

WoToken’s website provides no information about who owns or runs the business.

The WoToken website domain (“wotoken.pro”) was registered using bogus details on September 16th, 2018.

WoToken marketing material suggests the company has ties to Hong Kong.

Update 27th June 2019 – A marketing video shot by the Asia Blockchain Review website earlier this year features an interview with WoToken’s founder.

The video was purportedly filmed in Hong Kong earlier this year and features Edward Wu as founder of WoToken and CEO of 1WorldBlockchain.

1WorldBlockchain claims to be a banking alternative.

1WB performs the basic functions required for efficient transfer of all types of Cross border payments into blockchain technology using smart contracts execution mechanism.

Edward Wu is credited as “Edward Ng” on the 1WorldBlockchain website. He also uses this name on LinkedIn.

1WorldBlockchain’s website domain was first registered in 2016. The registration was last updated in January 2019.

An old copy of 1WorldBlockchain’s website reveals the company operated out of Nanshan District, Shenzhen in China.

As far as I can tell 1WorldBlockchain exists today for no other purpose than to create smoke and mirrors around WoToken. /end update

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…]

Super CodingFly has a website domain but only uses the domain to host its bot app.

There is no company website on the Super CodingFly domain.

The domain itself (“scfly.io”) was registered on February 21st, 2019.

Hong Cao is listed as the owner, through an address in Anhui, China.

Despite its website domain only existing as of last month, Super CodingFly’s marketing material claims the company has been around since 2015.

Despite the links to China, Super CodingFly claims its headquarters are in Singapore. This is supposedly through a financial relationship with ZB Exchange, a Singaporean cryptocurrency exchange.

Other than serving as social media marketing fodder, there doesn’t appear to be any relevance to this connection.

Super CodingFly’s marketing material cites Bruce Zhang as CEO of the company.

Zhang claims to be an “early investor of bitcoin” and supposedly founded Super CodingFly in 2015.

He is also cited as the CEO of ZB Mega, a shell company tying Super CodingFly and ZB Exchange together.

Outside of Super CodingFly marketing material, Zhang doesn’t have a digital footprint.

At least as far as MLM goes, Super CodingFly appears to be Zhang’s first MLM venture.

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

Following detainment after his arrest in California, OneCoin’s Konstantin Ignatov has been transferred to New York. [Continue reading…]

Following on from the collapse of Farm Bank in 2018 and subsequent investigation, authorities have indicted multiple suspects in the case. [Continue reading…]