It’s not that a Ponzi admin couldn’t attend a cryptocurrency event, which makes AWS Mining’s hilarious World Digital Mining Summit Photoshop fail all the more amusing. [Continue reading…]

In recent communication sent out to its investors, Magellan International Alliances has announced it is pulling out of the US.

The announcement also serves as confirmation Magellan are engaged in securities fraud. [Continue reading…]

Since his September 14th appearance before the SEC, Trevon James has been awfully quiet on social media.

In his first YouTube video since the appearance, James has confirmed the SEC has gagged him from talking publicly about what was discussed. [Continue reading…]

Mark S. Scott, the US-based lawyer who allegedly assisted OneCoin with laundering $400 million in stolen funds, has had his $2.5 million bond signed off on and paid. [Continue reading…]

Following some to and fro, the FTC’s request that Michael Force and Mary Dee be cut off from victim funds has been approved. [Continue reading…]

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

The AeroBit website domain (“aerobit.io”) was privately registered on November 17th, 2017.

In an attempt to feign legitimacy, AeroBit provide a UK incorporation certificate on their website.

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

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…]

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

According to a 2018 business presentation hosted on the AWS Mining website domain, the founders of the company are Daniel Beduschi (COO) and Alexandre Campos (CFO).

Daniel Beduschi maintains two Facebook profile. In one he claims to live in Sydney, Australia and the other in Santa Catarina, Brazil.

Beduschi first popped up on BehindMLM’s radar as a top investor in the Brazilian BBOM Ponzi scheme and its InterBBOM reboot.

Prior to BBOM Beduschi was an Amway Brazil affiliate.

Possibly due to language-barriers, I was unable to put together an accurate MLM history on Alexandre Campos.

The AWS Mining website domain (“awsmining.com”) was registered on April 8th, 2018.

“AWS Mining Pty Ltd” is listed as the owner, through a residential address in NSW, Australia.

AWS Mining Pty Ltd is registered as an Australian corporation through ABN 87 619 297 077. The company is also registered with ASIC through ACN 619 297 077.

AWS Mining Pty Ltd’s corporate registration ties the company to MyCoinDeal. MyCoinDeal appears to have something to do with bitcoin withdrawals through AWS Mining.

For all intents and purposes, AWS mining Pty Ltd appears to be a shell company. AWS Mining doesn’t seem to have any actual physical business operations in Australia.

Supporting this is Brazil cited as the top source of traffic to both the AWS Mining and MyCoinDeal websites (Alexa).

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

In the recently filed Status Report for the Second Quarter of 2018, the Zeek Receiver has revealed $169 million has been awarded in net-winner judgments. [Continue reading…]

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…]