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

The HelixxMine website domain (“helixxmine.com”) was registered on March 7th, 2018.

“Helixx Mine” is listed as the owner, through a residential address in London, UK.

The same address appears on HelixxMine’s website, as well as an incorparation number that corresponds with “Helix Global Co LTD” (May 2018).

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

On their website HelixxMine claims its

mining facility is based in South East Asia.

We have offices in Thailand and Indonesia who take care of our Asia Pacific clientele as well as a registered company in the United Kingdom who deals with our European clients.

No evidence of any of HelixxMine’s marketing claims are provided.

At the time of publication Alexa cites Iran as the top source of traffic to the HelixxMine website (18%).

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…]

Mia fails to provide a corporate address on their website. The same website identifies Antonio Ferez as founder of the company.

Ferez is represented by a heavily photoshopped image (touch-up) and, according to Mia;

is a well-known macroeconomics analyst and a foreign exchange trading expert in Southeast Asia.

In 2007, he earned his first bucket of gold from the stock market at the age of 25 and managed to multiply his personal wealth by 57 times based on his business acumen and professional handling of capital.

The problem is outside of Mia marketing material (circa 2017-2018), Ferez has no professional digital footprint.

This is not what you’d expect of someone claiming to be “well-known” in macroeconomics and foreign  exchange professional circles.

Nonetheless Ferez does appear to be a real person (here’s what he was up to in 2012-2014), however there’s a big question mark on his claimed professional background.

Similarly Jensen Choong, cited as Mia’s CEO, also has no digital footprint outside of Mia.

At the time of publication Alexa cites Malaysia (41%) and Singapore (37%) as primary sources of traffic to the Mia website.

Mia’s link to Malaysia appears to be Dato Paduka Zamri Nazir (right) who, you guessed, doesn’t have a verifiable history out side of Mia’s marketing material either.

I’m going to go out on a limb and suggest Mia is being operated out of Malaysia and is likely run by Malaysians. Antonio Ferez and Jason Choong are in all likelihood just puppets.

Whether Mia has any operations in Singapore beyond recruitment of investors is unclear.

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

My Matching Ads provides no information on their website about who owns or runs the business.

The My Matching Ads website domain (“mymatchingads.com”) was privately registered on October 29th, 2018.

At the time of publication, Alexa cites Angola (40%) and Iran (13%) as the top two sources of traffic to the My Matching Ads 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…]

BCC Mining Network provides no information on their website about who owns or runs the business.

The BCC Mining Network website domain (“bccminingnetwork.com”) was privately registered on June 9th, 2018.

Of note is the official BCC Mining Network’s official Facebook page, on which posts are made in Spanish.

Marketing material on BCC Mining Network’s Facebook page identifies Jose Mendoza as Founder and CEO of the company.

Possibly due to language-barriers, I was unable to put together an MLM history for Mendoza.

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

Singaporean MLM company Riway is attempting to branch out from Asia into Europe.

Unfortunately they’re doing so by making all manner of unsubstantiated medical claims. [Continue reading…]

For some, the death of MMM Global founder Sergey Mavrodi earlier this year marked the end of an era.

For others it presented a shameless opportunity to continue scamming people in his name. [Continue reading…]

As revealed in the Zeek Rewards Receiver’s third quarter report for 2018, another $405,187 has been recovered from the Ponzi scheme’s net-winners. [Continue reading…]

It’s pretty established now that MLM cryptocurrency cloud mining opportunities are a security.

Which makes Nui’s new kala mining offering all the more unbelievable. [Continue reading…]

Last month the Texas Securities Board published its Annual Enforcement Report.

Following its publication, scammers have been using the report to reach out and target BitConnect victims. [Continue reading…]

Through Ally Investors LLC and other shell companies, Steve Chen’s wife, Li Zhao (aka Jennifer Zhao), received around $3.37 million in stolen USFIA investor funds.

In 2015 the USFIA Receiver recovered approximately $3.2 million from a safe deposit box and bank accounts held in Ally Investors’ name.

The seizure saw Li Zhao, the primary beneficiary of the funds, respond with fury and demand the funds be returned to her.

Roughly three years later, Zhao and the USFIA Receiver have finally reached a settlement. [Continue reading…]