SI Group Review: Crypto trading ruse MLM Ponzi
SI Group, or System Investments Group, fails to provide ownership or executive information on its website.
SI Group’s website domain (“sigroup.top”), was first registered in 2021. The private registration was last updated on May 5th, 2024.
Despite existing since 2021 at the earliest, on its website SI Group falsely claims it “was established in 2017”.
In an attempt to appear legitimate, SI Group provides a shell company certificate for System Investments Group LTD in Belize.
Belize is a tax haven. Any MLM company representing it is based out of or has ties to Belize raises an immediate red flag.
Additionally due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
On the regulatory front, the Central Bank of Russia issued a SI Group pyramid fraud warning on May 15th, 2024.
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…]
Bjorkman sues Exp Realty & Glenn Sanford for defamation
Accused woman drugger and sexual assaulter Michael Bjorkman, has sued Exp Realty and CEO Glenn Sanford for defamation and unpaid wages. [Continue reading…]
Third Exp Realty lawsuit alleges sexual harassment
A third lawsuit has been filed against Exp Realty and a former top agent, this time alleging sexual harassment. [Continue reading…]
Monat’s Urdanetas accuse MacMillan of “gross mismanagement”
Monat’s Luis and Rayner Urdaneta have filed a countersuit against former President Stuart MacMillan.
The Urdanetas countersuit, in response to MacMillan alleging the Urdanetas run Monat as a “mafia family and unprincipled syndicate”, accuses MacMillan of “gross mismanagement”.
The Urdanetas claim MacMillan cost Monat “millions of dollars in business losses”. [Continue reading…]
Hanieh Sigari abandons Qyral to launch Ellie MD
Two months after initiating legal proceedings to take back Qyral from husband Darius Banasik, Hanieh Sigari has abandoned the company.
In an email sent out to Qyral distributors on May 24th, Sigari advised she had
made the difficult decision to step aside and resign from all of my roles in management for Qyral, including, but not limited to CEO and Manager effective Friday, May 24, 2024 at 5PM PST.
Sigari abandoning Qyral coincides with the pending launch of Ellie MD. [Continue reading…]
Daxio moves forward with Arctic Coffeehouse NFT grift
Following the collapse of its fourth reboot last June, Daxio has announced a fifth reboot.
Presented as a “partnership proposal”, Daxio’s fifth reboot is tied to an “Arctic Coffeehouse” NFT grift. [Continue reading…]
Exp Realty dismissed from “drug & sexual assault” case
Exp Realty, parent company Exp Holdings, CEO Glenn Sanford and Agent Brent Gove, have been dismissed from a lawsuit alleging drugging and sexual assault. [Continue reading…]
Iran Mall Review: Stolen identity “click a button” app Ponzi
Iran Mall fails to provide ownership or executive information on its website.
Iran Mall’s website domain (“iran-mall.vip”), was privately registered on May 1st, 2024.
On the regulatory front, the Central Bank of Russia issued an Iran Mall pyramid fraud warning on May 16th, 2024.
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…]
QuantumCUV Review: Bulltrades Ponzi scammers try again
QuantumCUV fails to provide ownership or executive information on its website.
QuantumCUV’s website domain (“quantumcuv.io”), was privately registered on January 26th, 2024.
Of note is QuantumCUV’s official FaceBook page was originally named “Bulltrades” in September 2023.
BullTrades was an MLM crypto Ponzi BehindMLM reviewed in October 2023.
Not surprisingly, BullTrades’ website is not accessible at time of publication.
It appears the anonymous scammers behind BullTrades are trying again with QuantumCUV.
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…]
Xnetit App Review: Stolen identity “click a button” Ponzi
Xnetit App fails to provide ownership or executive information on its website.
Xnetit App has two known website domains:
- xnetit-semwork.com – privately registered on May 1st, 2024
- xnetit-worksite.com – privately registered on May 1st, 2024
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…]
