Over the course of the DOJ’s investigation into OneCoin, the department issued multiple subpoenas.

Some of those subpoenas pertained to email evidence, the publication of which has provided revealing insight into OneCoin’s operation.

Below are excerpts from emails and other sources of information obtained by the DOJ.

Below, I’ve categorized the DOJ’s evidence into relevant points of interest.

If at any point over the past four and a half years you believed the nonsense coming out of OneCoin HQ, prepare to have your mind blown.

For everybody else, make sure you grab an extra big tub of popcorn before reading on… [Continue reading…]

Before OneCoin collapsed, Konstantin Ignatov is believed to have worked as personal bodyguard for his sister, Ruja Ignatov.

Ruja Ignatov was the public face of OneCoin, while Ignatov lurked in the shadows.

Following Ignatova going into hiding on or around mid 2017, Konstantin was thrust into the spotlight.

Awkward on stage and poorly groomed for the role, over the past two years or so Konstantin has struggled to present himself as a credible CEO.

Central to Konstantin’s image problem was the fact that by the time he took over, OneCoin was clearly a Ponzi past its prime.

Adding to that, Konstantin has also now been arrested and criminally charged in the US. [Continue reading…]

Two weeks ago BehindMLM ran a story regarding Mark Scott attempting to hide evidence from a grand jury.

The grand jury proceedings themselves were believed to pertain to other individuals related to OneCoin.

We can now cross Ruja Ignatova off that list, following the revelation she was indicted back in February. [Continue reading…]

Three days ago OneCoin’s Konstantin Ignatov was arrested at Los Angeles International airport.

Today the Manhattan US Attorney’s Office announced criminal charges have been filed against Konstantin Ignatov and his sister, Ruja Ignatova. [Continue reading…]

Univia operate in the personal care MLM niche and, according to the company’s Policies and Procedures, are based out of Utah in the US.

The Florida address provided on the Univia website appears to be for product returns only.

Univia fails to provide any executive information on their website. The Univia website does have an “about section” but it only contains marketing information.

Further research reveals Kevin Hafen credited as Univia’s CEO.

Hafen doesn’t seem to have an MLM history as far as I can see. In fact besides a Facebook profile abandoned since 2016, Hafen doesn’t seem to have any digital footprint whatsoever.

It’s always a bit strange when a nobody suddenly pops up as the CEO of an MLM company, so I’m flagging this as somewhat suspicious.

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…]

Aborted exit-scam or actual collapse avoided?

Within hours of CoinMD’s $100,000 cash grab being shut down by Crowdfunder, Tom McMurrain has backflipped and announced all is well. [Continue reading…]

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

The Devide website domain (“devide.com”) was first registered in 2011.

The domain registration was last updated in May, 2018. This is probably around the time the current owners took possession of it.

Further research into Devide reveals a since-deleted “Word From Devide CEO”, dated June 10th.

The email itself is just marketing spam but is signed off on by “Anja Al-Akabi” as “CEO Devide”.

On her LinkedIn profile, Al-Akabi cites her location as Andalusia, Spain.

Altogether Devide seems to be primarily marketed in and targeting Europe.

This is supported by the following paragraph from Al-Akabi’s CEO email;

In case you haven’t heard, we have two events coming up where we show you “Devide the Movie”; one in Oslo on the 16th of June and one in Gothenburg on the 17th of June.

Whatever you do, don’t miss the chance of meeting some of our top Brand Ambassadors in those two cities.

It is also supported by Devide’s use of euro in its compensation plan.

Devide does provide a corporate address in Malta for “Vindorale LTD” on their website.

The address provided actually belongs to Walter Rizzo & Associates, who on their website provide a Maltese Holding Company service.

Thus is appears Vindorale LTD is just a shell company, and Devide has no actual physical business operations in Malta.

According to Al-Akabi’s social media profiles, prior to Devide she was working as CEO of Loft & Roomers, a furniture store in Spain.

Possibly due to language-barriers, I was unable to put together or verify Al-Akabi’s MLM history.

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

In a “State of the Union” video published a few days ago, Tom McMurrain has revealed CoinMD is facing a “financial hurdle”.

CoinMD has grown quickly – in fact too quickly and we have run out of operating capital. This is a good and bad problem.

Pending injection of new investment, McMurrain has threatened to “close the doors” by the end of the month. [Continue reading…]

Following on from claims process approval, the Traffic Monsoon Receiver has now filed for permission to pursue net-winners. [Continue reading…]

Countdown4Freedom fails to provide any information on who owns or runs the business on its website.

The only clue is a quote from Holton Buggs at the footer of an email capture page, accessed if a visitor to the site clicks a button.

Further research reveals Buggs credited as founder (and presumably owner/co-owner) of Countdown4Freedom.

For some reason though Buggs seems intent on shying away from public ownership of his company. Instead he refers to himself as a “steward” of Countdown4Freedom.

Late last year it emerged that Buggs was promoting the IQ Chain Ponzi scheme.

Officially Buggs was credited as a “strategic advisor”, but it was pretty clear he’d taken over all marketing for the company (specifics were never publicly disclosed).

In December IQ Chain collapsed and was rebranded as IQ Legacy.

Alexa ranking for the IQ Legacy website show a complete collapse from late January.

Buggs seems to have taken whatever he was paid and quietly left the company. Again, the specifics of Buggs’ relationship with IQ Chain and IQ Legacy were never publicly disclosed.

And so now we have Countdown4Freedom, which appears to be a placeholder name until a March 8th reveal:

Note that while all the IQ Legacy/IQ Chain shenanigans were going on, Buggs retained his Organo Gold executive position as Chief Visionary Officer.

Despite the apparently looming launch of his own MLM company, Buggs is still credited as CVO on Organo Gold’s website.

On the Countdown4Freedom management side of things (working under Buggs), is CEO David Manning.

Manning (right) first appeared on BehindMLM as the travel services provider of The Vacation Network back in 2012.

Manning owns and is the CEO of Xstream Travel, who are also the travel services provider for Countdown4Freedom.

Back in 2012 Manning was also running Traverus, a typical recruitment-driven MLM travel company.

By 2014 both Vacation Network had collapsed, prompting Manning to launch Paycation in March.

Traverus has continued to operate in conjunction with Xstream Travel, although it doesn’t appear to have gained any traction since 2012.

Today the Paycation website redirects to the Traverus Global website, which according to Alexa has been in decline since mid 2018.

There’s no mention of an MLM opportunity on the Traverus Global website, so whether the income opportunity still exists is unclear.

In any event the primary focus now appears to be Countdown4Freedom, or whatever the actual name of the company winds up being.

Update 11th March 2019 – Countdown4Freedom’s actual company name has been revealed as “iBuumerang”. /end update

Read on for a full review of the Countdown4Freedom MLM opportunity. [Continue reading…]