Following on from news a settlement between Sean Brown and the FTC had been reached back in July, details of the settlement have now been made public. [Continue reading…]

Outside of a yellow Lamborghini that may or may not belong to Ralf Gold, there hasn’t been much information on what the millions USI-Tech investors lost has been spent on.

Following the filing of a lawsuit by Horst Jicha, we can now account for an additional $1.5 million in stolen USI-Tech investor funds. [Continue reading…]

Following an internal investigation into WorldVentures by Rwandan authorities, yesterday the Rwanda Development Board issued a pyramid scheme warning to the public. [Continue reading…]

To be fair, FutureNet’s FutureAdPro survived the typical two-year collapse window of most MLM Ponzi schemes.

When you’re paying out more than you’re taking in though ($50 in, $60 out), things are eventually going to fall apart.

And for FutureAdPro, following several announcements, that appears to be now. [Continue reading…]

Rather than just admit USI-Tech was a Ponzi scheme that collapsed, owners Joao Severino, Horst Jicha and Ralf Gold continue to string investors along.

In their latest communication, USI-Tech now blame non-payment on the state of the cryptocurrency mining industry. [Continue reading…]

The leading theory behind BitConnect is that it was run by Indian scammers looking to launder funds, following devaluation of specific banknotes in late 2016.

This theory is increasingly looking probable, following a request to Indian authorities by their US counterparts. [Continue reading…]

Green Life provide no information on their website about who owns or runs the business.

The Green Life website domain (“thegreenlifecompany.com”) was registered on September 4th, 2017.

“GREEN LIFE company” is listed as the domain owner. An address is missing although France is listed as the owner’s country of residence.

The Green Life website is in French although there is also specific marketing toward Africa. Two examples are Green Life affiliate packs, named “RP1-Europe” and “RP1-Africa” respectively.

Some African countries speak French as their national language. It’s a safe bet whoever is running Green Life is based out of France itself or one of these African countries.

The use of euro as a form of payment within Green Life favors Europe over Africa.

The corporate Dubai address provided on the Green Life website can be dismissed as a red herring.

Recently Green Life appears to have been focusing on Vietnam, which eventually attracted the attention of the Vietnam Competition Authority.

In August the VCA fined Green Life $22,600 for engaging in business activities outside of what it was authorized to conduct.

There are also reports Green Life instructed students to take out mortgages, and then use that money to sign up as Green Life distributors.

Consequently the Vietnam Competition Authority has revoked Green Life’s registration certificate.

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

Touch Life Global claims to be a ‘non- governmental organization register(ed) and established in Nigeria‘.

As to who specifically owns and runs Touch Life Global, the company fails to provide that information.

The Touch Life Global website domain (“touchlifeglobal.org”) was privately registered on July 28th, 2018.

The African link seems to check out, with Alexa citing Ghana as the primary source of traffic to the Touch Life Global website (75%).

Interestingly enough, when I punched in the provided Nigeria address on the Touch Life Global website into Google, I was taken to a shed that had Alliance in Motion marketing on it.

As of January 2017 (the map date), it appears whoever is running Touch Life Global is/was an Alliance in Motion Global affiliate. Oh and Touch Life Global might also be “Jesus Powered”.

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…]

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

The Trinity Mining website domain (“trinitymining.tech”) was privately registered on February 15th, 2018.

A corporate address in Panama is provided on the Trinity Mining website. Further research however reveals the address actually belongs Regus, meaning it’s virtual in nature.

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…]

TVizion was a pirated streaming service offered through 247 SmartLife.

A few months ago Dish Network sued 247 SmartLife, TVizion and owner Ferras Jim Pshehalouk for copyright infringement.

In response to the lawsuit, Pshehalouk took down the TVizion website. The 247 Smartlife website is still up but traffic wise is pretty much dead.

Rather than defend the Dish Network lawsuit, Pshehalouk just ignored it.

In late July default was entered against 247 SmartLife, TVizion and Pshehalouk, with damages yet to be determined.

In the meantime, 247 Smartlife affiliates were told TVizion had been acquired by NuMedia for around $220 million.

Other than claiming to be a “Nevis corporation”, NuMedia provides no information on its website about who owns or runs the company.

The NuMedia website domain (“numedia.biz”) was privately registered on June 13th, 2018.

Considering Dish Media sued 247 SmartLife and TVizion on April 27th and the NuMedia “sale” announced on May 11th, it’s pretty obvious it was hastily put together.

Outside of potentially registering a shell company there, NuMedia obviously has no physical business operations in Nevis.

The NuMedia Distributor Agreement states the chosen venue for mediation and arbitration is Oregon.

Either directly or indirectly, it’s a safe assumption that Pshehalouk retains control of the company.

To confirm this however one need only look at the source-code for the NuMedia website;

As above, the NuMedia affiliate backoffice is hosted on the domain “myhbn.net”.

The My HBN domain registration lists Jim Ferras as the owner, through a Texas address.

It’s also worth noting the NuMedia Distributor Agreement on the My HBN website cites California as the venue choice for arbitration.

This is the same as 247 SmartLife and TVizion, confirming where NuMedia is actually being operated from hasn’t changed.

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