The Bizmo World website states the company is “powered by Global Solutions Systems GmbH.

Bizmo is a project of the Berlin-based company “Global Solutions Systems” (GSS).

The company was founded in 2014 with the goal of developing and implementing systemic solutions that people around the world can use to develop themselves and lead a better and more successful life.

The Global Solutions Systems website identifies Tomas Kluenner (right) as CEO of the company.

Previously MLM companies Kluenner has promoted include Sisel and HappyLife World, a German cashback e-commerce opportunity.

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

DigitalCoin Share provide no information on their website about who owns or runs the business.

The DigitalCoin Share website domain (“digitalcoinshare.com”) was privately registered on November 20th, 2017.

A marketing video on the DigitalCoin Share website is hosted on a JW Player platform account bearing the name “Steve Baran”.

The date-stamp of the video suggests Digital Coin Share launched around mid March.

By listening to videos Steve Baran has uploaded to his numerous YouTube channels, I was able to confirm Baran is the narrator of the DigitalCoin Share marketing video.

Given the prominence of this video on the DigitalCoin Share website, we can surmise Steve Baran is either running or working with others to run the company.

Two years ago Baran (right) was promoting Talk Fusion. That doesn’t seem to have worked out, with Baran moving on to Skinny Body Care as of early last year.

Photographic evidence on Baran’s Facebook page suggests Skinny Body Care didn’t work out either.

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

As we edge closer to a decision on a preliminary injunction in the FTC vs. Scott Chandler, Louis Gatto, Thomas Dluca and Eric Pinkston, objections and responses have been filed.

Last we checked in Chandler, Gatto and Pinkston essentially argued they knew nothing of the nature of the scams they promoted.

With respect to Scott Chandler and Louis Gatto, who filed mirrored objections, the FTC responded by pointing out ongoing non-compliance with the previously granted TRO. [Continue reading…]

Balwinder Singh, son of Speak Asia’s Harendar Kaur, was arrested by Indian authorities at Chennai International Airport earlier this week. [Continue reading…]

RengaLife launched earlier this month and operate in the health and nutrition MLM niche.

The company is based out of California in the US and headed up by co-founders Jason and Eunjung Cardiff.

The Cardiffs also own Redwood Scientific Technologies, of which Jason Cardiff is CEO and Eunjung the company’s Marketing Director.

Whereas the Cardiffs’ RengaLife corporate bios are lacking, their Redwood Scientific Technologies bios provide some insight into their executive history.

Jason Cardiff started his career at Mercedes Benz USA and was appointed the youngest retail Vice President at that time. He went on to serve as a General Manager and executive at Auto Nation, the nation’s largest automotive chain of dealerships.

After leaving the automotive business, he founded First Choice Media, a private consulting company that ran marketing and placed all forms of media for national not-for-profit organizations while simultaneously finding success with his own national infomercial businesses and products.

As the founder of Redwood Scientific Technologies, Inc. Jason provides the leadership and vision for the success of the company.

Eunjung Cardiff started her career at Grey Advertising in NYC with their direct marketing division, representing and buying direct response-oriented national broadcast media for pharmaceutical and consumer packaged goods clients.

She opened and managed the New York branch of Cannella Response Television, the nation’s largest direct response media placement agency and grew that business from $0 to nearly $30 million per year in fewer than 3 years.

She served as their Managing Director for 5 years, representing clients such as Guthy Renker and other highly recognizable national infomercial product companies.

She studied East Asian studies at Columbia University in New York. At Redwood Scientific Technologies, Inc. Eunjung serves as the Marketing Director, in which she oversees management’s activities.

To the best of my knowledge RengaLife is the Cardiffs first venture as MLM company executives.

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

Back in 2015 a Town Councillor attempted to push Lyoness onto residents of Hailsham, a town in East Sussex, England.

Upon other members of Hailsham council learning of the Lyoness AU investment Ponzi scheme, the project was suspended indefinitely.

Two years later, a Town Councillor in another English town has pulled the same ruse. [Continue reading…]

With efforts to secure quick judgment knocked back and there not being much of a company left to fight for, it was pretty obvious Chris Principe’s OneCoin defamation lawsuit wasn’t going to trial.

Following the denial of an entry for default and harassment injunction, Principe’s defamation lawsuit was sent to mediation back in January.

On April 2nd a Mediation Report was filed, stating that ‘the case has been completely settled.‘ [Continue reading…]

Trident Crypto Fund provide no information on their website about who owns or runs the business.

The Trident Crypto Fund website domain (“tridentcryptofund.com”) was privately registered on March 26th, 2018.

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…]

CoinCome provide no information on their website about who owns or runs the business.

The CoinCome website domain (“coincome.info”) was privately registered on February 17th, 2018.

An incorporation number is provided on the CoinCome website, which corresponds with the UK incorporation of Corporate Optimal Income LTD on February 19th.

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

At the time of publication Alexa cite Russia as the largest source of traffic to the CoinCome website.

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…]

PinCoin launched as a typical ICO lending Ponzi scheme back in February.

Investors were promised ROIs of up to 312% on investment into PIN points.

Not surprisingly, after soliciting $660 million from around 32,000 investors, PinCoin’s admins did a runner. [Continue reading…]