Recycle Bot offers up cloud mining ROI ruse
In our last article covering Recycle Bot withdrawal problems, I wrote that owner Laurie Suarez
can attach his Telegram Ponzi bot to any ruse. All he needs is new investment to feed the bot.
Following the collapse of the recycling and Ugandan energy ruses, Recycle Bot is now touting cloud mining returns. [Continue reading…]
AM Redbull F1 accepts FutureNet Ponzi sponsorship, ignores concerns
The latest attempt by an MLM scam to legitimize itself via association, will see FutureNet sponsor an F1 team for two years.
Aston Martin Red Bull don’t seem to mind that sponsorship funds they’ll be receiving are proceeds of a global Ponzi scheme. [Continue reading…]
Man in WorldVentures apparel wanted for debit card fraud & theft
Police in Jackson, Tennessee are seeking help in apprehending a debit card fraud and theft suspect.
CCTV footage shows the suspect wearing beige cargo shorts and a black hoodie, emblazoned with WorldVentures’ logo. [Continue reading…]
OneCoin wastes almost 2 yrs chasing Coinspondent, achieves nothing.
The “bitcoin vs. OneCoin” lawsuit that has been playing out in Germany has come to an end.
The final judgement wasn’t an outright win for the defendants, but equally not an outcome OneCoin was hoping for. [Continue reading…]
Jamalife Helpers Review: Eight-tier cycler Ponzi targeting Africa
Jamalife Helpers provides no information on their website about who owns or runs the business.
The Jamalife Helpers website domain (“jamalifehelpersglobal.com”) was privately registered on November 8th, 2016.
Jamalife Helpers primarily targets Africa, as evidenced by Alexa traffic estimates for their website.
As I write this, Alexa peg Nigeria (35%) and South Africa (20%) as the top two sources of traffic to the Jamalife Helpers website. They are followed by Botswana (10%), Cote d’Ivoire (7%) and Malawi (6%).
Given this, it’s highly probably that whoever is running Jamalife Helpers is based out of Africa itself.
My guess would be Nigeria, owing to the Jamalife Helpers website defaulting to USD the Nigerian Naira.
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…]
IXQ TV Review: Spiritual vStream TV reboot (still pirated content)
IXQ TV provides no information on their website about who owns or runs the business.
The IXQ TV website domain (“ixqtv.com”) was registered on April 26th, 2018.
David Bremner is listed as the owner, through an address in the US state of Virginia.
Bremner appeared on BehindMLM’s radar in March 2015, as owner of vStream TV.
vStream TV sold $349 streaming boxes preloaded with access to pirated content.
At the time of publication the old vStream TV website now redirects to something called Lifestyle Savings Network.
This appears to be another MLM company owned by David Bremner.
A Kodi Android box is still sold by Lifestyle Savings Network, although Alexa traffic rankings for the vStream TV website domain suggest the company is all but dead.
Read on for a full review of the IXQ TV MLM opportunity. [Continue reading…]
Todd Spencer dragging feet on Zhunrize settlement
Of the scammers behind the Zhunrize Ponzi scheme, only Todd Spencer remains as an active defendant.
Spencer was sued by the Zhunrize Receiver, as part of a $2.8 million clawback lawsuit filed against Vodaware.
Through Vodaware, Spencer is believed to have received upwards of $350,000 in stolen Zhunrize investor funds.
In a Status Report filed on January 22nd, the Zhunrize Receiver has briefed the court on the current case status. [Continue reading…]
Nasgo & ShareNode being marketed as Super Bowl sponsors?
Fresh from making a bunch of malarkey marketing claims in Asia, Nasgo and ShareNode have set their sights on the upcoming US Super Bowl. [Continue reading…]
Tranont Review 2.0: Added supplements = complicated comp plan
Tranont launched in 2014 and marketed a range of third-party merchant service subscriptions.
A few weeks back a BehindMLM reader got in touch to advise that Tranont has added a range of nutritional supplements.
The compensation plan has also changed, so it’s time for an updated review. [Continue reading…]
ORU Marketplace Review: ORU Ponzi points & pyramid recruitment
The only indiciation as to where ORU Marketplace is incorporated is the following statement on their website;
ORU Market, ORU Marketplace, ORU Pay, ORU Chat, ORU Mail, ORU Social, ORU Quantum Widget, ORU Score, Infinity Reward, ORU Rewards, ORU Health, ORU iOS App, ORU Android App, ORU Debit Card, ORU Card, Gizmoh.com are intellectual properties owned by Azteya Ltd and its affiliates. Azteya Limited is headquartered in George Town Grand Cayman.
Azteya Limited has a website but there’s nothing on there other than a login form. As far as I can tell, Azteya Limited is nothing more than a shell company.
There is no legitimate reason for an MLM company to be incorporated in an offshore tax haven.
Heading up Oru Marketplace is “architect” Nick VandenBrekel (right).
Nick is a seasoned serial entrepreneur, technology and financial services innovator and military veteran.
With over 38 years of experience in myriad aspects of technology, science, finance and business, he has been responsible for, and has contributed to ground breaking technologies in the communications, financial, banking, medical, hardware, software, security, social media and enterprise systems industry.
In his ORU Marketplace corporate vio, VandenBrekel is cited as “a native of the Netherlands”.
Corporate records however suggest VandenBrekel is based out of the US state of Florida.
It follows thus that ORU Marketplace is also likely being operated out of Florida.
Despite the lofty claims made in VandenBrekel’s corporate bio, I believe ORU Marketplace is his first MLM venture as an executive.
Read on for a full review of the ORU Marketplace MLM opportunity. [Continue reading…]
