OneCoin’s Mark Scott has secured release pending the outcome of his appeal. [Continue reading…]

GoldenWarehouse fails to provide ownership or executive information on its website.

GoldenWarehouse’s website domain (“goldenwarehouse888.com”), was privately registered on March 22nd, 2024.

If we look at GoldenWarehouse’s website source-code, we find the local language is set to Chinese:

This suggests whoever is running GoldenWarehouse has ties to China.

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…]

Stable Swap fails to provide ownership or executive details on its website.

Stable Swap’s website domain (“stableswap.live”), was privately registered on October 26th, 2023.

A link on Stable Swap’s website takes us to its official YouTube channel.

There we find videos in Taglish, a combination of Tagalog and English. Taglish is primarily used in the Philippines.

Stable Swap marketing videos are hosted by Pat Gallardo:

Gallardo has his own YouTube channel, on which Stable Swap marketing videos have also been uploaded.

Before Stable Swap, circa September 2023, Gallardo was promoting Swych.

That seems to have lasted about five months. The first Stable Swap marketing went up on January 9th, 2024.

As of March 2024, SimilarWeb tracked top sources of traffic to Stable Swap’s website as the Philippines (71%) and Australia (23%).

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…]

SolHeist fails to provide ownership or executive information on its website.

In SolHeist marketing videos, an AI robo avatar named “Sol Professor” represents the company.

In addition to being incredibly stupid, this is an immediate red flag. AI robo avatars are typically used by scammers to hide their involvement in fraudulent schemes.

SolHeist has two known website domains:

• solheist.io – privately registered on March 17th, 2024
• solheist.org – privately registered on March 17th, 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…]

The Alabama Securities Commission has sent out a questionnaire to GSPartners investors.

Dated April 15th, the ASC’s questionnaire provides an opportunity for GSPartners investors to provide details pertaining to their individual circumstances.

Oh, and the ASC also knows about Billionico… [Continue reading…]

Jimmy Ezzell’s foray into MLM cryptocurrency and AI fraud has collapsed.

Just days after BehindMLM published its Vilocity Global review, the company’s website and incriminating marketing videos have been pulled. [Continue reading…]

Gregory Aggesen has pled guilty to conspiracy to commit wire fraud, conspiracy to commit money laundering through promotion and conspiracy to obstruct justice.

The charges were filed against Aggesen in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]

Mardy Eger, aka Marquis Demarking Egerton, has pled guilty to conspiracy to commit wire fraud and conspiracy to commit money laundering with concealment.

The charges were filed against Eger in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]

BFF Crowdfunding has collapsed following a fraud warning from the Australian Securities and Investments Commission.

BFF Crowdfunding, which also went by BFF Global Network, was a 400% ROI Ponzi cycler. The scam was run by Mike Taylor, a US resident of Texas. [Continue reading…]

William White has pled guilty to one count of conspiracy to obstruct justice.

The charge was filed against White in early 2022, as part of a group of indictments targeting EmpowerCoin, ECoinPlus and JetCoin scammers. [Continue reading…]