My first inkling that something was up with Silverstar Live was their citing of “Quicksilver” as Chief Operating Officer.

Quicksilver… really?

Turns out someone else has a bit of an axe to grind with “Quicksilver”, going so far as to out him as David Wayne Myer.

There’s a “The Real Quicksilver” website set up that goes into more detail. I’m not going to link it because it gets into murky territory by posting Myer’s address information and family connections.

On Silverstar Builder, another website that appears to be tied to Silverstar Live, Myer is identified as a co-owner and Master Trader of the company.

The two other co-owners of Silverstar Live are identified as Candace Ross-Mahmoud (President) and Hassan Mahmoud (Executive Vice President).

In their respective Silverstar Live corporate bios, Myer is credited as

a career expert trader with 18 years experience.

For 16 consecutive years he has tripled his private trading account in the futures and Nadex market.

Candace Ross has been a top tier Marketing Strategist & Consultant in the network and affiliate marketing space for the last 6 years.

She is a self-taught internet marketer who has created multiple 7 figure sales systems and is frequently sought out to assist in the growth of corporate businesses.

Hassan Mahmoud is an international Omnipreneur & Keynote Speaker who is highly sought out by the millennial community to work with and to work on passion projects all over the world.

He has done over 250 million in sales over the past 4 years while helping multiple business owners grow their names and brands.

So uh, David Myer has supposedly generated a 300% annual ROI through trading for the past sixteen consecutive years huh?

You’d think there’d be some recognition of this outside of Silverstar Live but nope, nothing outside of Silverstar Live’s own marketing material.

So some guy nobody has ever heard of is one of the greatest and most consistent traders on the planet. Riiiiiiiiiight.

Prior to launching Silverstar Live, Candace Ross and Hassan Mahmoud were promoting Enagic.

A corporate address in Florida is provided on the Silverstar Live website. The address however appears to belong to a warehouse storage facility.

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

Evidently Recycle Bot is having trouble sourcing new gullible investors.

Withdrawal problems from existing investors continue to pour in and, finding it a distraction from his enjoyment of invested funds, CEO Laurie Suarez has announced he’s had enough. [Continue reading…]

Eric Pinkston’s lawyers have had enough and want out.

Unfortunately for them though Pinkston doesn’t appear to have consented, meaning his lawyers are stuck until replacement representation has been found. [Continue reading…]

John Harris’ lawsuit arguing Nerium affiliates were ‘denied proper classification as to employee status’ has been dismissed. [Continue reading…]

Omega Pro provides no information on their website about who owns or runs the business.

The Omega Pro website domain (“omegapro.world”) was privately registered on November 9th, 2018.

A UK corporate address provided on the Omega Pro website belongs to Prime Secretarial, a virtual office merchant.

Update 20th August 2020 – France adding OmegaPro to their fraud blacklist prompted me to take another look into OmegaPro’s ownership.

My research provided two names; Dilawar Singh (right) and Andreas Szakacs.

Dilawar Singh is cited as a co-owner of OmegaPro. Singh is based out of Germany and, prior to OmegaPro, was an Ambassador of Omnia Tech.

Considering OmegaPro launched right after OmniaTech collapsed, it appears to be a continuation of the Ponzi scheme.

Andreas Szakacs (right) operates out of Dubai. I wasn’t able to confirm an MLM history.

From this we can surmise that OmegaPro is being operated out of the Middle-East and Europe.

As as the time of this update, Alexa ranks Brazil (17%), Colombia (15%) and Nigeria (12%) as top sources of traffic to OmegaPro’s website. /end update

Update 27th October 2023 – Turns out Andreas Szakacs was a “top leader” in the notorious OneCoin Ponzi scheme.

Szakacs joined OneCoin in 2015. He was recruited by the father of his then girlfriend, Petri Välilä.

Nevzat Figo Dikmen and Riitta Elisabet Granlund (aka Riitta Dikmen), were also part of the group.

Together, Szakacs, Välilä and Granlund/Dikmen promoted OneCoin across Turkey and Thailand.

Szakacs would go on to marry Petri Välilä’s daughter, Viktoria Välilä, in 2017 – the same month OneCoin founder Ruja Ignatova disappeared.

Szakacks and Viktoria are believed to have split sometime in 2022.

/end update

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…]

Whereas regulation of the MLM sector came mostly to a standstill thanks to Trump’s shutdown, in some corners government employees are still active.

One such corner is the Washington state AG’s Office, who are suing LuLaRoe for being a pyramid scheme. [Continue reading…]

Yers doesn’t provide any information about who owns or runs the company on its website.

The Yers website domain (“yers.app”) was registered on May 23rd, 2018. “Y4YERS” is the registered owner through an address in France.

This corresponds with Alexa traffic rankings, which estimates 64% of traffic to the Yers website originates out of France. Switzerland is the only other notable source of traffic (23%).

Despite seeming to be owned and operated from France, Y4YERS appears to be a shell company incorporated in Luxembourg.

Yers’ general terms and conditions establishes

contractual relations between the simplified joint stock company Y4YERS SAS, having its registered office at 5, Boulevard Royal, L-2449 Luxembourg, registered with the RCS Luxembourg under the number B213932.

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…]

FutureAdPro is going through its second collapse, with affiliate ROI payments slashed by up to 60%.

Referral commissions on invested amounts have also been further manipulated to reward only FutureAdPro’s top recruiters. [Continue reading…]

Following an almost two year wait, earlier today a decision on Charles Scoville’s Traffic Monsoon Ponzi appeal was published.

In a decision that positively nobody could have predicted, the Tenth Circuit appeals court has denied the Traffic Monsoon appeal. [Continue reading…]

Despite having a whole section dedicated to transparency, Pro Mine Technologies fails to disclose company ownership details on its website.

A marketing document provided on the Power Mine Technologies website however identifies Aidan Parr as owner and Director of the company.

Parr is from the UK, which corresponds with Pro Mine Technologies LTD’s UK incorporation in November 2018.

Beyond providing an official looking certificate to parade about on Facebook however, Pro Mine Technologies’ UK incorporation is meaningless.

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

On his personal Facebook profile, Parr (right) also cites himself as a Director of Revive Landscapes.

After getting his landscape business ‘in a place (he) had longed for‘, Parr claims he ‘turned to the online space of crypto currencies‘.

Prior to launching Power Mine Technologies Parr was promoting the Berlin Group Recycle Bot and iCenter Ponzi schemes.

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