ArbiStar operate in the cryptocurrency MLM niche. The company is headed up by CEO Santi Fuentes, who is based out of Spain.

In his ArbiStar corporate bio, Fuentes claims to be

one of the most experienced people in the world of Referral Marketing.

He has led teams of thousands of people with great success.

Fuentes (right) first popped up on BehindMLM’s radar in 2014, as a top investor in Global Unity.

Global Unity was a scam tied to the WCM777 Ponzi scheme.

In 2015 Fuentes emerged as a top investor in MoneyBox TV, another Ponzi scheme.

Fuentes’ Arbistar corporate bio addresses his involvement in fraudulent investment schemes;

He has also known as team leader the failure of some projects where companies were not transparent and cheated their sales teams.

For this reason he is the ideal person to lead Arbistar 2.0.

Prior to getting involved in Ponzi schemes, Fuentes was an Organo Gold distributor.

A marketing video circa 2013 cites Fuentes as an Organo Gold Ruby.

Of note is the current iteration of ArbiStar appears to be a reboot. This is denoted by the “2.0” added to the company logo.

It seems the first ArbiStar model collapsed, although I wasn’t able to find specific details.

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

The Traffic Monsoon Receiver has filed a class-action clawback complaint, targeting top net-winners in the $175 million dollar Ponzi scheme. [Continue reading…]

Rather than admit they’ve run out of money to pay off existing investors, AWS Mining came up with an elaborate fire damage story.

It is with regret that AWS MINING informs that a fire has destroyed one of our Crypto Mining Farms in Paraguay.

Although the reason behind this devastating fire remains unknown, it is certain that there will be heavy economic losses for the company.

According to the statement issued by the farm manager in Ciudad del Este, the fire took place on Friday, March 29th, between 2pm – 4pm, and destroyed thousands of machines and servers causing an estimated total loss of nearly $5 million dollars.

As a consequence of the fire AWS Mining running out of money, the company has not paid investors for weeks.

The latest has seen AWS Mining give up on paying investors back. Instead the company wants to wipe the ROI slate clean and reboot as AWS Capital. [Continue reading…]

Copy Profit Success Global popped up on our radar about a year ago.

After about a month of obnoxious “we’re gonna take over forex” marketing, Copy Profit Success Global launched… and then flopped. Hard.

A libel and slander lawsuit filed by iMarketsLive is also believed to have contributed to CPS Global’s quick demise.

Today Copy Profit Success Global is no more. Its founders, Joel Santiago and Joe Otis, have abandoned most of their social media profiles.

A YouTube channel Santiago still low-key uploads to though, suggests CPS Global has rebooted as FX Signal Education Plus. [Continue reading…]

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

In the footer section of its website, EssenceFX represents it is incorporated in Vanuatu.

Vanuatu has emerged as a scam friendly jurisdiction, particularly within the MLM finance niche.

Unless it is based out of Vanuatu, there is no legitimate reason for an MLM company to incorporate itself there.

As opposed to Vanuatu, it is far more likely that whoever is running the company is based out of Malaysia.

At the time of publication Alexa estimates that 98% of traffic to the EssenceFX website originates out of Malaysia.

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…]

In Vista Network’s lawsuit against Phillip Piccolo and associates, a number of claims have been dismissed for failure to state a claim. [Continue reading…]

In addition to being pursued by the SEC, TelexFree net-winner Faith Sloan also faced clawback litigation from the Trustee.

According to the Trustee, Sloan stole $710,319 from TelexFree victims.

Earlier this month we reported Sloan had reached a settlement with the SEC.

In light of that yet to be approved settlement, the Trustee and Sloan have separately reached a clawback settlement. [Continue reading…]

Daily Freedom Challenge provides no information on its website about who owns or runs the business.

The Daily Freedom Challenge website domain (“dailyfreedomchallenge.com”) was privately registered on January 5th, 2019.

I did come across multiple affiliate promoters citing Clifford Gholston as Daily Freedom Challenge’s owner.

This lead me to Daily Freedom Challenge’s official Facebook group, which was created by Gholston (right) in November, 2018.

Schemes Gholston has previously promoted include CryptoBitX (bitcoin gifting), Appi Travels (bitcoin gifting), CryptoGenX (bitcoin gifting), Karatbars International (pyramid scheme), VidCommX, Penny Matrix (pyramid scheme) and AdExperts (cycler Ponzi).

Gholston runs Daily Freedom Challenge out of of Missouri in the US.

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

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

The ABC Systems website domain (“theabcsystems.com”) was privately registered on February 15th, 2019.

Further research reveals Doniel Tiggs, a prominent ABC Systems promoter, claiming the company is headquartered in Hong Kong and headed up by CEO Joseph Che-Woo.

In the US there is also an ABC Systems Fort Lauderdale Training Center in Florida.

No information about Joseph Che-Woo is provided. The only mention of Che-Woo in relation to ABC Systems is on Tiggs’ marketing website.

Prior to ABC Systems, Tiggs was promoting the OnPassive/GoFounders pyramid scheme. Further back we’ve got Coinsinos, Crypto World Evolution, USI-Tech, World Global Network and Skinny Body Care.

Visitors to ABC Systems’ website are presented with information about Todd Disner and Felix “Phil” Piccolo.

Disner is credited as ABC Systems’ first Seven Star ABC Director. Tiggs also states he’s ‘the most honest, sincere, trustworthy and humble man you will ever meet‘.

This couldn’t be further from the truth.

The two companies Disner (right) associates himself within the MLM industry are Ad Surf Daily and Zeek Rewards.

Of Ad Surf Daily, Tiggs writes of Disner;

Todd’s 1st exposure to MLM was a company called Ad Surf Daily.

Todd joined through a friend and could not believe the success of this new advertising system that people were buying $10,000; $25,000 and $50,000 advertising packages even though people could get started for as little as a hundred dollars.

The success was so fast and so big the government came in and confiscated everything.

Computers, money and the owners were 70 years old. Nobody understood the model in fact if you really think about it.

Todd to this day believes Ad Surf Daily was just ahead of its time.

The reason the “government came in and confiscated everything”, is because AdSurfDaily was a Ponzi scheme.

Andy Bowdoin, owner of AdSurfDaily, was arrested in December 2010. He was charged and indicted on two counts of wire and securities fraud.

The DOJ alleged AdSurfDaily was a Ponzi scheme. Bowdoin plead guilty to the charges and was sentenced to 78 months in prison in August, 2012.

Despite Disner’s “ahead of its time” claim, Ponzi schemes like AdSurfDaily have been around since the 1800s.

Of Zeek Rewards and Disner, Tiggs writes;

Years later a friend of Todd Disner tells him about an internet bidding company ZEEK REWARDS.

Same issue Todd buys a few hundred dollars of bids and shares the program with a few friends.

He did two conference calls a week and never hyped anything and showed a very simple non hype simple presentation of how he started with just a few hundred dollars and proved to so many that the system was working, and people were being paid.

Todd only sponsored a few people mostly friends. He may have personally sponsored as many as a dozen or so people in total.

However, the dozen or so people turned into over a million people on his team who purchased packages for as little as $100 all the way to the maximum of $10,000.

He could not believe the success of this company located in a small town with people lining up around the Zeek Rewards office building that use to be a car dealership.

People were sending in and bringing in millions of dollars.

The local banks were upset because people were breaking their CDs and emptying their savings accounts and bringing their money to this old car dealership building that had over 50 people taking in money and processing orders.

Once again without notice the government came in took all the computers and seized the money (hundreds of millions) of dollars.

Once again, the owner Paul Burke was 70 and his wife had cancer and to this day does not know what he did wrong and why this was all happening.

Years later there is no evidence that Zeek Rewards was running a PONZI but just an incredible success story that was stopped in its tracks without notice.

Zeek Rewards is one of the most notorious MLM Ponzi schemes of all time.

The SEC shut down Zeek Rewards in August, 2012.

Regulatory investigations into Zeek Rewards revealed it was an $850 million dollar Ponzi scheme, and on the verge of collapse when it was shut down.

A far cry from Tiggs’ take that “Zeek was an incredible success story”.

Zeek Rewards’ owner, Paul Burks, was indicted on four counts of fraud in October 2014.

Burks argued his innocence and took the case to trial. A jury found him guilty on all four counts in July 2016.

In February 2017, Burks was sentenced to 14 years in prison. Contrary to Tiggs’ assertion, Burks knows exactly why he was sent to prison.

At this point you might be asking yourself why Disner (through Tiggs) is adamant AdSurfDaily and Zeek Rewards were legitimate businesses.

It’s because he was a top net-winner in both of them.

Disner escaped relatively unscathed financially in the AdSurfDaily bust.

When regulators went after Zeek Rewards however, Disner was named an insider and accused of stealing $1.8 million.

Despite having the opportunity to defend himself, Disner opted not too.

Subsequently, default judgment in the amount of $2.07 million was entered against Disner in July 2014.

Disner played dumb and tried to have the judgment overturned on the grounds

He was unaware that the time within which he had to reply had arrived, as he had not received any responsive pleadings from his co-defendants.

The court didn’t buy it on the grounds Disner was personally served and “failed to act with reasonable promptness.”

Disner’s appeal was denied in December 2014. Final Judgment was granted in 2016.

Having to return what he stole from Zeek victims plus interest obviously left Disner feeling bitter, hence the Ponzi denials.

Felix Piccolo (right) is better known by his alias Phil Piccolo. He’s another Zeek Rewards net-winner who stole over a million dollars from Zeek Rewards victims.

Seeing as Disner and Piccolo are both based in Florida, I’m going to go out on a limb and suggest they’re actually running ABC Systems.

The Hong Kong link is probably a shell company for money laundering purposes. Joseph Che-Woo, if he even exists, is likely just some frontman stooge Disner and Piccolo dug up.

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…]

Following an entry of default recorded against Matt Lloyd McPhee on February 1st, McPhee filed to have it set aside.

McPhee’s motion was granted on April 19th. [Continue reading…]