Trio Trader began as Qube Trade in late August. The initial launch flopped and was rebooted as Trio Trader sometime in November.

As far as I can tell there’s no difference between Qube Trade and Trio Trader other than the company name.

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

The Trio Trader website domain (“triotrader.com”) was registered on October 29th, 2018.

Amir Dauti of Dauti Tech is listed as the owner, through an address in Ontario, Canada.

This corresponds with the Trio Trader user agreement, which states;

Trio Trader is provided by Trio Software Inc. of Canada, Ontario, and its suppliers.

In addition to Trio Trader, Amir Dauti runs TrioSoft. On their website TrioSoft advertises “eTrader System”, which is marketed as a “cryptocurrency auto trader”.

Joseph McDermott (CVO), Scott Phoundpadith (CEO) and Amir Dauti (CTO) are listed as co-founders on the TrioSoft website.

Presumably all three are behind Qube Trade and Trio Trader too.

Whereas Amir Dauti appears to be in a technical role, McDermott and Phounpadith have verifiable MLM backgrounds.

Joseph McDermott supposedly began his MLM career back in 2000, after dropping out of highschool.

MLM companies McDermott has promoted include iLearning Global (ILG), Visalus, Jeunesse (2014-) and Asirvia (2017).

In late 2017 McDermott appeared on stage at an iPro Network event.

iPro Network is/was a typical MLM pump and dump altcoin scheme. Alexa traffic estimates for the iPro Network website suggest it collapsed mid 2018.

Like many in the MLM industry, McDermott has rebranded himself as a cryptocurrency expert of late.

Scott Phounpadith appeared on BehindMLM earlier this year as the owner of World Cryptocurrency 101.

Interest in World Cryptocurrency 101 appears to have declined shortly after launch.

Noteably the Trio Trader website looks and feels like that of World Cryptocurrency 101.

In the source-code of the World Cryptocurrency 101 website, Trio Software is credited as the author:

This suggests Trio Trader is using recycled World Cryptocurrency 101 assets.

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

DDK operates in the cryptocurrency MLM niche. The company does not provide a corporate address on their website.

The DDK website identifies husband and wife, Datuk Azrainuddin Zainal (aka Arai Ezzra) and Datin Nur Ezdiani Baharoddin as co-founders of the company. Nurshuhada Zainal holds the position of DDK’s CEO.

According to their respective digital footprints, Zainal and , Ezdiani and Zainal are all based out of Malaysia.

This is also presumably where DDK is being operated from.

Alexa currently cite Malaysia, Indonesia and Brunei as providing 83% of traffic to the DDK website.

Despite being very obviously operated from Malaysia, DDK claims it is “bound to Singapore rules and regulation”.

Although not explicitly clarified on the DDK website, presumably the company has established one or more shell corporations in Singapore.

As far as I can tell, DDK has no actual physical operations in Singapore.

Marketing material on the DDK website reveals DDK previously launched a DinarCoin (DNC) in late 2015.

DNC appears to be your typical MLM pump and dump shitcoin. It was only tradeable internally and collapsed once new investors stopped investing.

In late 2017 DDK dropped DNC in favor of a new altcoin, DDKoin.

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

X10 Platform provides no information on their website about who owns or runs the business.

X10 Platform marketing videos are narrated by someone calling himself “Nick from CryptoTech”, with no further information provided.

My attempts to verify who Nick from CryptoTech is have been inconclusive.

The X10 Platform website domain (“x10app.com”) was privately registered on August 23rd, 2018.

In the terms and conditions provided on the X10 Platform website, the company provides a corporate address for “X10 Hosted Solutions” in Minneapolis, Minnesota.

In the same terms and conditions X10 Platform links to the domain “x10hosted.com” when providing its Service Level Agreement.

The X10 Hosted domain was privately registered on August 24th, the day after the X10 Platform domain was registered.

Further research reveals the Minnesota corporate address used by both X10 Platform and X10 Hosted actually belongs to Davinci Virtual Office Solutions.

From this it is unclear whether X10 Platform has any physical business operations in Minnesota.

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…]

Former 5Linx owner Craig Jerabeck was arrested on fraud charges back in mid 2017.

Following a guilty plea entered six months ago, Jerabeck was sentenced to fourteen months in prison late this week. [Continue reading…]

AdFeedz provides no information on its website about who owns or runs the business.

The AdFeedz website domain (“adfeedz.com”) was privately registered on November 2nd, 2018.

A since-deleted AdFeedz marketing presentation hosted on the company’s website ties company support to a Skype account bearing the name “merry.makowski”:

Makoswki (right) was one of the first people to promote AdFeedz and started on November 8th, a full eight days before the company officially launched (Nov 16th).

According to her Facebook profile, Makowski is based out Ontario, Canada.

Prior to AdFeedz Makowski was promoting the Crypto Pros pyramid scheme. She is/was also a CryptoTab Browser affiliate.

On her LinkedIn profile, Makowski credits herself as “owner” of MMM Global.

Rather than the notorious Ponzi scheme of the same name, Makowski claims ‘that MMM happens to be the initials of my full legal name and I used that when I first came online‘.

Over the past year Makowski has promoted a number of cryptocurrency projects, most of which have failed and causes widespread losses.

Given Makowski manages the official AdFeedz Facebook page, it is assumed she is running the company.

Pending evidence to the contrary, it is also assumed Merry Makowski and “Ori Ginex” are one and the same.

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

Exp Asset provides no information on their website about who owns or runs the company.

The Exp Asset website domain (“expasset.com”) was privately registered on March 10th, 2018.

On its website, Exp Asset claims to be incorporated in Nevis as Silesia Capital Management.

There is no legitimate reason for an MLM company to be incorporated in Nevis.

Common reasons jurisdictions like Nevis are chosen by MLM company owners include tax evasion, money laundering and corporate secrecy.

At the time of publication Alexa cites China as the largest source of traffic to the Exp Asset website (31%). The US (18%) and Korea (10%) follow closely behind.

It is highly likely that whoever is running Exp Asset is based out of one of these three countries.

Update 9th December 2018 – Turns out Exp Asset is a European company. Exp Asset marketing material credits Patryk Krupinski as CEO of the company:

According to his LinkedIn Profile, Krupinski is based out of Luxembourg. Originally however he appears to be from Poland.

Note that although Krupinski lists his CEO position as terminating in August 2018 on LinkedIn, he is still actively promoting Exp Asset on his Facebook profile.

As far as I can tell, Krupinski doesn’t appear to have an MLM history. /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…]

If a recently filed lawsuit by their supplier Providence Industries is to be believed, LuLaRoe’s owners are sitting on hundreds of millions of dollars.

MyDyer and other suppliers are owed tens of millions, which Mark Stidham has told them he has no intention of paying. [Continue reading…]

Seemingly more procedural than anything at this stage, the Ontario Securities Commission is seeking an order that would permanently ban USI-Tech. [Continue reading…]

Statum Global operates in the MLM cryptocurrency niche and appears to be based out Hong Kong, at least on paper.

Incorporation documents provided on the Status Global website represent Status Global Limited was incorporated in Hong Kong on October 12th, 2018.

Eathan Cheng is cited as founder of the company and is apparently ‘already a successful entrepreneur in the cryptocurrency business field‘.

Naturally there’s no digital footprint for Cheng, whose name only appears on the internet in relation to Statum Global.

Certainly odd for an already succesful cryptocurrency entrepreneur. My guess is Cheng, as represented on the Statum Global website doesn’t exist.

The Statum Global website domain was registered on August 13th, 2018, through what appears to be a bogus address in Tibet.

Despite Statum Global claiming Eathan Cheng runs the company as a “family business in the PRC”, Alexa cites Italy (23%), Russia (17%) and the Netherlands as the top three sources of traffiuc to the Statum Global website.

Whoever is actually running Statum Global is likely living in or at the very least from one of these three countries.

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…]

Success by Health provides no information on their website about who owns or runs the business.

The Success by Health website domain (“successbyhealth.com”) was privately registered on February 15th, 2017. The registration was last updated on January 31st, 2018.

In the footer of the Success by Health website the company advises;

Success By Health is a division of Success By Media LLC.

In April 2019 Success by Health has scheduled a “Red” training event. On the information page for Red it is revealed;

RED is brought to you by Success By Media. SBM’s CEO is Jay Noland who will be the Lead Trainer of the Red Event.

Although not explicitly confirmed on the Success by Health website, it is assumed Jay Noland is also running Success by Health.

Noland first appeared on BehindMLM in a 2014 article covering when we reported on his fallout with Organo Gold’s other co-founders.

After Organo Gold Noland went on to launch his own coffee MLM company, SereniGy.

SereniGy launched in 2009 and was bought out by Rain International in mid 2015.

According to his LinkedIn profile, Noland was Rain International’s Chief Sales Officer from August 2015 to October 2016.

Success by Media launched in October 2015 according to Noland’s LinkedIn profile and appears to be a training company;

At Success By Media, we believe in training differently. We want to help you and your business reach your full potential and every goal you set.

Our cutting edge media services, training services, virtual learning systems, and professional coaching enables you, your staff, and your teams to excel at top performing levels in record time.

We will create customized, consistent, and comprehensive training and media service that will far exceed your expectations. That is our promise.

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