The USFIA Receiver has sought approval of a settlement with Maria Wei Wang Shu.

Shu was the recipient of a property purchased by a related USFIA entity. [Continue reading…]

Rather than waste time chasing down Zeek Rewards scammers to collect judgment, the Receiver has opted to sell net-winner judgments to a third-party. [Continue reading…]

B3 Sciences operates in the health and fitness MLM niche.

The company represents it is based out of Texas. The corporate address provided on B3 Sciences’ website however is a virtual address provided by Davinci Virtual.

Heading up B3 Sciences is Founder and CEO Mike DeBord (right).

As per DeBord’s B3 Sciences’ corporate bio;

At the age of 52, my physical health had taken a turn.

I had reached a point where I could no longer work out and keep the physique I was so proud of.

Then it happened. I was introduced to BFR training and B Strong by my friend Dr. Jim Stray-Gundersen. B Strong changed my life and allowed me to work out again and get my muscular physique back.

I was so proud and excited for my results. I quickly became even more excited about how many people I could help, and the idea for B3 was born.

I decided to combine my knowledge of health and fitness products, with B3 Bands, to launch a company that would change health and fitness forever!

In addition to B3 Sciences, a much younger looking Mike DeBord is also presented as NuVerus’ Chief Operating Officer.

As per DeBord’s NuVerus corporate bio, he

joined his first Network Marketing Company in 1996 and he quickly became a top earner in the industry.

He was earning more in 18 months in his Network Marketing Business than he was as a Doctor treating 50 patients a day.

His success allowed him to retire from being a physician. For the last 10 years he has lived and exciting life of a Network Marketing Millionaire.

DeBord’s LinkedIn profile suggests B3 Sciences launched on or around April 2018.

Neither NuVerus or any other MLM opportunities are featured on DeBord’s LinkedIn profile.

Npros cites DeBord as a Marketing Director with Extreme Research Corp and EnviroMax Plus (fuel tabs).

Read on for a full review of the B3 Sciences MLM opportunity. [Continue reading…]

OneCoin scammers in Italy held an event in Verona over the past few days.

As those in attendance arrived at the airport to leave Italy after the event, authorities swooped in and made several arrests. [Continue reading…]

Unity Inc provides no information on its website about who owns or runs the company.

Unity Inc’s website domain (“unityinc.ltd”) was privately registered on February 11th, 2019.

Unity Inc do claim to be incorporated in the UK as Unity Inc. LTD, however from a due-diligence perspective this is meaningless.

UK incorporation is dirt cheap and for the most part unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

At the time of publication Alexa pegs the Netherlands (43%) and Russia (32%) as the top two sources of traffic to Unity Inc’s website.

It is highly likely that whoever is running Unity Inc is based out of one of these countries.

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…]

Mining City provides no information about who owns or runs the company on their website.

The Mining City website domain (“miningcity.com”) was first registered back in 2003.

The domain registration was last updated on December 20th, 2018, which is likely when the current owner(s) took possession of it.

“Prophetek” is listed as the domain owner, through an incomplete address in Cyprus.

Considering Cyprus is a scam-friendly jurisdiction, there’s a good chance these details are fake.

A video titled “Founder MINING CITY at Investment Seminar (Vietnamese Translator) 05/2019”, was uploaded to Mining City’s official YouTube channel on May 17th, 2019.

The video depicts a man with a distinctly eastern European accent presenting Mining City to a Vietnamese audience:

As you can see, the individual is named in the backdrop but it’s blurry.

With a bit of poking around I was able to find a higher resolution shot of the backdrop:

The founder and CEO of Mining City is Grzegorz Rogowski.

On LinkedIn Rogowski (right) goes by Gregory. I’ve also seen him credited as Greg Strong.

According to Rogowski’s LinkedIn profile he’s based out of Poland. This is presumably where Mining City is being operated from.

Prophetek started up late last year and appears to be a shell company through attached to Mining City.

Based on his LinkedIn profile, Mining City is Rogowski’s first MLM venture as an executive.

Despite being run from Europe, Mining City is primarily targeting Asia in their marketing efforts.

At the time of publication Alexa ranks Japan (50%), South Korea (26%) and Vietnam (13%) as top traffic sources to Mining City’s website.

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

Following complaints of withdrawal delays beginning June 27th, Chinese media are reporting the Plus Token Ponzi scheme has officially collapsed. [Continue reading…]

Natura4Ever operates in the nutritional supplement and personal care MLM niches.

The company names Eric Masson as Chairman of the Board of Directors.

Despite its website natively loading in French and the vast majority of Natura4Ever marketing material being distributed in French, the company provides a corporate address in Luxembourg on its website.

This is odd, considering Alexa pegs France as the primary source of traffic to Natura4Ever’s website (90%).

I initially pegged Natura4Ever SA as a shell incorporation, however Eric Masson (right) claims he lives in Luxembourg on his personal Facebook profile.

Natura4Ever’s Executive Director General, Jean-Michel Larré, is also based out of Luxembourg.

Not sure what the story is but beyond having an office there, Natura4Ever doesn’t appear to actually do any business in Luxembourg.

Neither Eric Masson’s or Jean-Michel Larré’s Natura4Ever corporate bios detail any specific MLM related history.

Masson is credited with 24 years experience in “relational marketing”.

As a distributor, he broke all speed and efficiency records.

As a company founder in our business, he has helped others generate the highest incomes in several countries.

Larré is simply credited with

participated in the creation of new companies in the field of wellness and network marketing.

I did try to independently verify either of their past MLM ventures but came up blank. This might be due to French language barriers.

Read on for a full review of the Natura4Ever MLM opportunity. [Continue reading…]

Orius Capital operates in the cryptocurrency MLM niche.

The company claims to be based out of Hong Kong and headed up founder and CEO Diago Lopez Vea.

Vea has no digital footprint outside of Orius Capital, so there’s a question mark on whether he actually exists or not.

Orius Capital’s marketing videos appear to be populated with actors. I’m basing this on none of them seeming to exist outside of the videos themselves.

In contrast to the non-Asians used in Orius Capital’s marketing efforts, their Asian counterparts do exist. Or at least one of them does.

Enge Chee Seng is cited as Orius Capital’s COO of Asia Market.

Seng featured in a recent video purportedly depicting an Orius Capital  marketing event held in Vietnam last month.

Diago Lopez Vea wasn’t at the event.

In fact beyond the badly cropped image on their website, there doesn’t appear to be any other footage of Vea in relation to Orius Capital.

The Hong Kong corporate address provided on Orius Capital’s website belongs to Get Started HK Limited.

According to their website, Get Started HK Limited offers Hong Kong company formation services.

Thus it appears Orius Capital has no actual physical presence in Hong Kong. Their incorporation there appears to be that of a meaningless shell company.

Despite Orius Capital’s focus on marketing in Vietnam, Alexa currently pegs the US as the top source of traffic to their website (37%).

Canada comes second at 15%, followed by Vietnam at 10%.

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

Someone has gone to a fair bit of effort in the presentation of Moni Finex’s management team.

Moni Finex is part of MoniFinex Global, which is supposedly headed up by owner and CEO Moni Micha.

Moni Micha is played by this guy:

I say played because prior to Moni Finex launching earlier this year, Moni Micha didn’t exist.

Which is strange, when you consider MonFinex Global claims Micha

received an offer as an advisor which continued for 10 forex trading companies in a row, those are at the top in the market even now.

For clarity, here’s when MoniFinex’s Global’s associated websites were created:

• Moni Micha bio site – September 27th, 2018
• MoniFinex Global – March 22nd, 2019
• Moni Finex – September 27th, 2018
• MoniFinex Forex – May 20th, 2019
• MoniFinex Coin – March 22nd, 2019

All the MoniFinex Global domains are registered privately.

What stands out in particular is the fact that that the Moni Finex domain was registered prior to Moni Global.

The original intent was obviously to launch Moni Finex. At some point whoever is behind Moni Finex decided to create a bunch of companies, all under the MoniFinex Global umbrella.

Moni Micha’s accent is distinctly eastern European, which coincides with the claim he was born in the Ukraine.

At the time of publication Alexa pegs Thailand (37%) and the US (28%) as top sources of traffic to the Moni Finex website.

In their marketing material, Moni Finex provide four certificates of incorporation; Seychelles the Commonwealth of Dominica, the UK and Delaware in the US.

We can write off the first three as they are scam-friendly jurisdictions with little to no regulation.

I ran a search for “monifinex” on Delaware’s Divisions of Corporations website, and nothing came up.

The Deleware certificate provided in Moni Finex’s marketing material appears to be bogus.

Looks like we’ve got another dodgy Russian/Ukrainian company scamming people halfway across the world.

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