Skyway Capital continues investment fraud with tokens & CryptoUnits
The Skyway Capital Ponzi scheme might be running low on cash, prompting Skyway to announce both Skyway tokens and CryptoUnits.
Communication seems to be a problem at Skyway Ponzi HQ though, as both reload scams have been announced simultaneously.
This naturally caused confusion, prompting Skyway to issue clarification that they aren’t one and the same.
The launch of Skyway tokens is taking a backseat to CryptoUnits, which are supposedly good to go. [Continue reading…]
Traffic Monsoon claims tied to SCOTUS writ, clawbacks authorized
A case docket remark has tied approval of the claims process to Scoville’s intention to file a writ of certiorari with the Supreme Court. [Continue reading…]
FutureNet scam warning issued in Poland, prosecutors investigating
Poland’s Office of Competition and Consumer Protection (UOKiK), has issued a pyramid scheme warning for FutureNet and associated companies. [Continue reading…]
Nui co-founder behind The Digital Vault and RevvCard?
As I was doing my research for our article yesterday on Nui’s arguably pointless CompChain, I came across a corporate blog post that piqued my interest.
Titled “ATTN: Important Clarifications for Nui Members”, here’s an update Nui pushed out to affiliates on March 11th;
The Digital Vault Is Not Associated with Nui
You may have heard talk about something called The Digital Vault. Some are alluding that Nui is part of the project.
We want to make it very clear that Nui is not associated in any way with the Digital Vault.
It has never been one of our initiatives, and therefore we have no insight, visibility, or influence on it.
Neither Nui corporate, nor Darren Olayan (CEO), Reid Tanaka (President), Jim Pare or Casey Combden (Keystone Leaders) are affiliated with or endorse the Digital Vault.
If members wish to share information personally about the Digital Vault, they must not use any Nui-affiliated channels.
Any posts on social media groups, pages, etc. that bear the Nui name or in any way imply that the Digital Vault is involved with Nui will be considered a compliance violation and subject to corporate action.
I’d previously seen Digital Vault referenced in passing, but this sounded like it warranted a closer look. [Continue reading…]
Nui launches CompChain with pyramid recruitment & COCO altcoin
Another day, another excuse to ram crypto buzzwords down the throats of the MLM community.
Why Compchain?
Compchain is changing the scope of networking as we know it.
Built on immutable blockchain technology, Compchain allows you to lock in your network for life, and tap into new products and opportunities as they’re added to the platform.
The basic concept behind Nui’s CompChain is your downline is tracked on a blockchain, as opposed to a regular database.
For Nui affiliates there’s no discernible difference. CompChain is a unilevel team downline, same as any other MLM company.
But y’know… blockchain. [Continue reading…]
DFRF defendants ghost their attorneys, try to shirk SEC lawsuit
At a scheduling conference held on January 31st, the attorneys of DFRF Enterprises defendants Wanderley Dalman, Gaspar C. Jesus and Eduardo N. Da Silva, informed the court they ‘could not locate or communicate with their clients‘.
All three defendants have filed outstanding motions to dismiss, which the court gave until February 28th to either withdraw or renew.
On February 28th all three motions to dismiss were renewed, despite the attorneys admitting they still haven’t located or communicated with their clients. [Continue reading…]
Appi Travels Review 3.0: Three tiers of recruitment Ponzi fraud
BehindMLM first reviewed Appi Travels in November 2016.
Founded and owned by Danny Gauthier, a serial scammer we’ve been tracking since early 2012, Appi Travels’ initial business model was your typical MLM travel niche pyramid scheme.
Following a tip-off from a BehindMLM reader, we published an updated Appi Travels review in early 2018.
In our updated review, we noted intact pyramid recruitment with the introduction of a gifting cycler.
Recently we were once again tipped off that Appi Travels has been adding and updating its compensation plan.
Today we take a look at Gauthier’s current offering in our third published Appi Travels review. [Continue reading…]
€400,000 EUR OneCoin tax fraud recovery sought in Romania
OneCoin affiliates in Romania have attracted the attention of authorities, who are looking to recover €400,000 in unpaid taxes. [Continue reading…]
MOBE fraud tops $318 million, FTC moves for default judgment
The FTC initially estimated MOBE scammed people out of at least $125 million.
Based on ongoing forensic accounting efforts by the Receiver, that figure has now jumped to $318.5 million. [Continue reading…]
New Trend Network Review: MMM Global give/get help Ponzi clone
New Trend Network’s website provides no information about who owns or runs the business.
The New Trend Network website domain (“newtrendnetwork.com”) was privately registered on December 24th, 2018.
Alexa website statistics for the New Trend Network website peg South Africa as the primary source of traffic (85%).
It is highly likely that whoever is running New Trend Network is based out of South Africa itself.
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…]
