Abundance Network provides no information about who owns or runs the business on their website.

In fact as I write this, Abundance Network’s website is nothing more than an affiliate login form.

Further research reveals Abundance Network’s Terms and Conditions (not linked from their website).

Abundance Network’s Terms and Conditions makes multiple references to “Autom8tion LLC”;

This Terms of Use and the license granted may not be assigned or sublet by You without Autom8tion, LLC. and Abundance Network’s written consent in advance.

Autom8tion LLC is a Utah company owned by Jeffrey Alan Long, better known in the MLM industry as Jeff Long.

Jeff Long first appeared on BehindMLM’s radar as the founder of AutoXTen, a recruitment scheme launched in 2011.

AutoXTen collapsed a few months after launch, with Long going to launch SMS Dailies. It too didn’t last long.

Long (right) resurfaced in late 2015 with Get Paid Social, a Facebook spam pyramid scheme.

Get Paid Social went into decline throughout 2016, prompting Long to launch 1 Online Business in mid 2017.

1 Online Business combined a cycler Ponzi business model with social media spam. Alexa traffic estimates for the 1 Online Business show a brief hype period followed by a collapse leading into 2018.

Long launched and began promoting Luvv, a pyramid scheme, around April, 2018.

Luvv is believed to have collapsed a few months after its launch.

Earlier this year Long resurfaced with NewU Financial, a shady MLM gifting scheme promising investors a 200% ROI.

Here’s how that played out:

NewU Financial flopping appears to have prompted Long to launch Abundance Network.

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

As per an announcement sent out to investors a few hours ago, the FX Trading Ponzi scheme has collapsed. [Continue reading…]

Jubilee Ace operates in the cryptocurrency MLM niche and claims to have been “founded in British Virgin Islands in 2018”.

Jubilee Ace represents an individual named Tony Jackson is its CEO.

Jackson (right) doesn’t appear to have a digital footprint outside of Jubilee Ace’s website.

On June 9th Jubilee Ace uploaded a video to its YouTube channel titled “Jubilee Ace Global Launch 29th May 2019”.

Jackson appears in the video so despite the stock like photo used on Jubilee Ace’s website, does appear to be an actual person.

Or at least someone playing him.

Jubilee Ace’s launch event was held in Macau and primarily features what appears to be affiliates of Asian origin.

Jubilee Ace’s marketing has a notable focus on Thailand and Japan.

It is highly likely that whoever is actually running Jubilee Ace is based out of Asia itself.

Given the lack of information available on Jackson outside of Jubilee Ace, I’m chalking this up to another Asians hire actor to front their company scenario.

Another possible scenario is “Tony Jackson” and friends are from Eastern Europe.

I’m doubting this though as Jackson and friends appear to have been given scripts to read at Jubilee Ace’s launch event.

This would require a level of English proficiency typically absent in eastern Europe scammers.

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…]

Despite a last-minute letter desperately attempting to diminish his role within OneCoin, Konstantin Ignatov has been denied pre-trial release. [Continue reading…]

Rumors of OneCoin’s ties to organized crime have persisted ever since authorities around the world began cracking down on the scheme.

No alternative explanation has surfaced as to why to date Bulgarian authorities have failed to shut OneCoin down. Or how the company’s executives and top promoters were able to travel the world with impunity.

Turns out where there’s smoke there’s fire. [Continue reading…]

FuturoCoin markets itself as “the most innovative cryptocurrency”.

In reality FuturoCoin was nothing more than a Ponzi exit-scam for FutureNet’s owners and top investors.

Having milked their current crop of gullible investors dry, FutureNet are now hoping to reboot their failed cryptocurrency. [Continue reading…]

Following the denial of a preliminary injunction, Mark and Tammy Smith’s lawsuit against Neora and Jeff Olson is heading to arbitration. [Continue reading…]

Konstantin Ignatov’s hopes of a smooth pre-trial release have been dashed, following a damning opposition filing.

According to the DOJ, there are no bail conditions that would assure Ignatov won’t flee the US. [Continue reading…]

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

The Mizes website domain (“mizes.biz”) was privately registered on July 31st, 2018.

At the time of publication, Alexa pegs Iran (23%), Russia (10%) and India (8%) as the top three sources of traffic to Mizes’ website.

It is highly likely that whoever is running the company is based out of one of these three 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…]

A marketing video on My Passive Trades’ website features Darren Bradbury, who claims to be “one of the joint owners of Polaris Universal”.

Darren Bradbury first appeared on BehindMLM as co-owner of the Powerhouse Feeder Ponzi scheme.

Other scams Bradbury has promoted over the years include  My 24 Hour Income (collapsed Ponzi scheme), Leased Ad Space (cash gifting), GiftoBit (cash gifting), ZarFund (cash gifting), Stiforp (pyramid scheme) and My Ad Story (Ponzi scheme).

More recently Bradbury has been promoting cryptocurrency scams. oncluding Powerhouse RevShare (Ponzi) and Powerhouse Mining (Ponzi).

Over the past year Bradbury has been trying to get Chatabox off the ground.

We will share 60% of all the profits of chatabox … very simply you just receive ehtereum for on auto pilot.

Chatabox is yet another cryptocurrency token Ponzi scheme.

My Passive Trades website domain uses Chatabox’s website domain name-servers.

On Twitter Bradbury goes by “Darren Riviera” and cites his location as the UK.

According to the “company” section of My Passive Trade’s website, ‘my passive trades is a trading name of Polaris Universal LTD‘.

Polaris Universal LTD was incorporated in the UK on January 25th, 2018.

Ahmed Nabil El Amrani, Lidija Ikasovic, Eldon Conceicao and Darren Bradbury are listed as company officers.

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

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