Myanmar, a nation in south-east Asia, has banned multilevel marketing completely. [Continue reading…]

Mary Dee has filed an opposition to the FTC’s request to modify the Digital Altitude preliminary injunction.

The FTC has requested the court cut off Force and Dee from victim-funds, which under the current injunction sees them collecting a monthly living expense. [Continue reading…]

Calen Powell, better known as “Crypto Clover”, was recently invited to attend a World Cryptocurrency International event in Bali, Indonesia.

At the event attendees were told not to film or use electronic devices from within the auditorium, otherwise they’d be booted out.

During a Spanish-language component of the event, Powell went outside into the lobby and shot a quick livestream to discuss what he’d heard.

That raised the ire of organizer of the event, who called security to evict Powell from the premises. [Continue reading…]

WorldVentures response to Rwanda declaring the company was an illegal pyramid scheme was certainly strange.

Rather than prove it wasn’t a pyramid scheme, WorldVentures brushed off the ban by claiming it didn’t do business in Rwanda.

This caught the attention of several Brazilian WorldVentures affiliates. Because despite Brazil not appearing on WorldVentures list of authorized countries, business in Brazil is booming. [Continue reading…]

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

The Solidus Global website domain (“solidusglobal.com”) was registered on May 27th, 2018.

Chris Principe is listed as the domain owner, through what is assumed to be a virtual address in Saint Lucia.

Principe first popped up on BehindMLM’s as one of the marketing arms of the OneCoin Ponzi scheme.

In exchange for an undisclosed sum of money and/or position or positions within OneCoin, Principe promoted OneCoin through his Financial IT publication in early 2016.

Around the same time, Principe was also promoting the Skyway Capital Ponzi scheme.

In addition to appearing in Financial IT, Principe spoke at OneCoin events and presented himself as an insider.

OneCoin unofficially collapsed in early 2017. Principe, along with everyone else riding the OneCoin Ponzi train, distanced themselves from the scam throughout 2017.

In mid 2017 Principe sued prominent OneCoin critic Timothy Curry. Principe claimed Curry calling out his association questionable businesses cost him a Skyway Capital contract worth $75,000.

Yes, that’s the same Skyway Capital Ponzi scheme we referenced earlier.

It is widely believed Principe’s lawsuit was funded by OneCoin, as part of a proxy effort to go after one of their loudest critics.

Principe played this up, regularly referring to his lawsuit as “us vs. them” and a chance to “get the haters” at various OneCoin events.

Despite the bravado however, Principe quietly settled the lawsuit in April this year.

Another OneCoin figure involved in Solidus Global is former top investor, Juha Parhiala.

As we mentioned earlier, most of OneCoin’s top brass abandoned ship after the January 2017 collapse.

During OneCoin’s heyday, Ted Nuyten routinely celebrated Parhiala’s earnings on BusinessForHome.

Nuyten heralded Parhiala as the top MLM earner in the world, clocking in at around $24 million annually.

In late 2017 Parhiala emerged as the new owner of a bar in Cambodia.

2018 was mostly a quiet year for Parhiala, up until a September 3rd Facebook post;

Are you ready? This is my last project ever!

With Solidus Global we will did it one more time! With this opportunity are you willing to walk along with me one last time!?

Juha Parhiala | Independent Coach

In a letter accompanying the post, Parhiala confirms Chris Principe is the founder of Solidus Global. Solidus Global marketing material also cites Principe as CEO of the company.

On Facebook the official Solidus Global account credits Parhiala as the company’s “Grand Ambassador”.

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

Inexx Networking provides no information on their website about who owns or runs the business.

Further research reveals a corporate address in Portugal provided in Inexx Networking marketing presentations.

The same presentations cite Renzo Telles Jr. (right) as CEO of the company.

Possibly due to language barriers, I was unable to put together Telles Jr.’s MLM history.

At the time of publication, promotion of Inexx Networking appears to primarily target Africa.

Alexa currently cites Tanzania, Kenya, Cameroon, Nigeria and Ghana as the top five sources of traffic to the Inexx Networking website.

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

Oriflame operates in the personal care, apparel and nutritional supplement  MLM niches.

The company maintains corporate offices in Switzerland, although it was founded in Sweden in 1967 by Jonas and Robert af Jochnick.

Today Oriflame is headed up by CEO and President Magnus Brännström (right).

Brännström has been with Oriflame since 1997. According to an executive profile on Bloomberg, Brännström started out as Managing Director of Russia.

He was appointed Regional Director for the CIS, Baltics and Asia in 2001, before assuming his current position in 2005.

It’s worth noting that Oriflame is a publicly traded company on Nasdaq Nordic.

Primary shareholders include Robert, Alexander, Jonas and the af Jochnick family, the Trygg Foundation and the Swedish National Pension Fund.

On the regulatory front, Oriflame was recently fined in Vietnam for failing to implement required refund policies and procedures.

Other than some minor tax issues in Russia, the company otherwise doesn’t seem to have run into regulatory issues.

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

The CFTC has issued a press-release confirming iMarketsLive and Wealth Generators were ‘illegally offering forex and binary options to retail investors in the United States‘.

According to the CFTC, both MLM companies failed to register their respective offering, making the businesses illegal. [Continue reading…]

In an attempt to dismiss their victims, a cliché trotted out whenever the government steps in and shuts down a scam is that said government will keep most of the money.

What scammers don’t realize is that there are checks and balances in place to ensure this doesn’t happen, as evidenced by a recent SEC filing. [Continue reading…]

As of September 7th, Michael Force and Mary Dee have been paid combined living and medical expenses of $42,367 and $48,504 respectively.

Citing “significant changed circumstances”, the FTC now want to stop these monthly payments – and Michael Force isn’t too happy about it. [Continue reading…]