50/50 Crowdfunding (also known as 50/50 Fast Funding) provides no information as to who owns or runs the business on their website.

The 50/50 Crowdfunding website domain (“5050cf.com”) was first registered in August 2017.

The domain registration details were last updated on August 9th, 2018. Unfortunately the registration is private and provides no information on the owner.

Further research however reveals blog posts on the 50/50 Crowdfunding website authored by David T. Rosen.

Rosen (right) first popped up on BehindMLM’s radar in 2015, as founder of PIE 24/7.

PIE 24/7 was basically a “pay a monthly fee and recruit other affiliates who do the same” scheme.

By early 2016 it appears PIE 24/7 collapsed, with one affiliate claiming they hadn’t been paid for 7 months as of April.

In March 2018 Rosen resurfaced with Cooperative Crowdfunding, a 3×10 matrix gifting scheme.

Alexa traffic estimates for the Cooperative Crowdfunding website suggest the scam collapsed a few months after launch.

Read on for a full review of the 50/50 Crowdfunding MLM opportunity. [Continue reading…]

Despite all sorts of nonsensical reports coming out of the OneCoin affiliate-base, the German criminal investigation into OneCoin is still very much active. [Continue reading…]

BehindMLM first reviewed Zinzino in 2013. Back then the company was primarily focused on Europe and marketed a coffee pod system.

Europe is still Zinzino’s care market but since 2013 the company has expanded to include nutritional supplements.

On the management side of things Zinzino is still headed up by CEO Bergheim Pettersen (right).

Around April 2017 a reader reached out and requested a Zinzino review update.

Unfortunately at the time Zinzino did not provide a copy of their compensation plan and I was unable to locate one otherwise.

Earlier this month another reader requested a review update, and provided me with a copy of Zinzino’s updated compensation plan.

Read on for an updated review of the Zinzino MLM opportunity. [Continue reading…]

Despite collapsing in April, USI-Tech has kept up the crypto mining charade in their affiliate backoffice.

Unfortunately for desperate investors still bothering to check their backoffice, on October 23rd they were informed the charade has been dropped. [Continue reading…]

Scott Chandler has no choice but to turn over his bitcoin, following denial of a Motion for Reconsideration.

Chandler had filed the motion in response to an injunction ordering him to surrender held bitcoin to the FTC. [Continue reading…]

About a month ago Organo Gold announced a partnership agreement with Digital Skynet.

The partnership agreement will see the launch of an as of yet unnamed joint-venture between the two companies.

Also part of the agreement, and what caught the attention of many, was Holton Buggs appointment as ‘executive advisor to Digital SkyNet’s ‘Ormeus’ subsidiary and the newly formed strategic joint venture company owned by ORGANO and Digital SkyNet‘.

Has Holton Buggs been bitten by the MLM crypto Ponzi bug and will he drag Organo Gold down with him?

Here’s what we know… [Continue reading…]

MWR Financial appears to be a new division of the MWR umbrella of companies.

MWR started off as My Warranty Rewards in late 2013. The company is founded by Jay Tuerk and Yoni Ashurov.

In 2015 My Warranty Rewards was rebooted as MWR Life. In addition to the original warranty plan, MWR Life added several additional phone-based services.

I initially figured MWR Financial was another reboot. MWR Life however is still operating under Yoni Ashurov as CEO.

The primary difference between MWR Life in 2015 and today is that it appears to have switched to the travel niche.

Neither Ashurov or Tuerk are mentioned on the MWR Financial website. And outside of having “MWR” in its name, you’d be forgiven for thinking the two companies aren’t related.

The Florida corporate address provided on both company websites however is the same, confirming MWR Financial is, at least on paper, part of Ashurov and Tuerk’s MWR brand.

Cited as CEO of the company on MWR Financial’s website is Brian House (right).

On his LinkedIn profile, House additionally credits himself as a co-founder of MWR Financial.

House does have MLM executive experience through Youngevity. The only MWR connection I was able to make pre MWR Financial though was a livestream recorded two years ago:

Note that the stream itself is unavailable so we only have the title above to go on.

The exact ownership structure of MWR Financial isn’t clear, but I suspect Ashurov and Tuerk are unnamed co-founders.

Well they’d have to be, otherwise this is all one unbelievable coincidence.

MWR Financial could of course clarify all of this on their website but for whatever reason have chosen not to.

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

In what will probably be looked back on as a judicial mistake, OneCoin has wrangled €3 million EUR in Ponzi funds from German prosecutors. [Continue reading…]

Overnight a reader sent me a link to a YouTube video, in which a seemingly resurrected Sergey Mavrodi smiled awkwardly and help up a sign.

On first viewing I knew something was off about the video but initially I couldn’t figure out what.

I felt like I was watching a CGI video, but only so far as the awkward smile and head movements went. The rest of the video lent itself to being real.

Then it dawned on me… I was watching a Deepfakes video. [Continue reading…]

Hand of Heaven identifies Peter Wolfing, Scott & Christina Thompson and Steve Parson as “contributors” of the company.

Of the three, Peter Wolfing appears to be running the show. This is based on Wolfing’s past history of running scams and Hand of Heaven marketing videos being hosted on his personal Vimeo account.

Peter Wolfing (right) first appeared on BehindMLM’s radar back in 2012, as the admin of Turbo Cycler ($200-$1000 matrix-based Ponzi scheme).

Other MLM underbelly schemes launched by Wolfing over the years include Turbo Cycler (cash gifting), Ultimate Cycler (Ponzi cycler), Business Toolbox(chain-recruitment), Infinity 100 (cash gifting), National Wealth Center (cash gifting) and Pay Me Forward (cash gifting).

Despite being launched in 2013 and long-since collapsed, in 2016 Ultimate Cycler Ultimate was revived by Nigerian scammers. Wolfing redesigned the Ultimate Cycler website to cater to Nigerian affiliates and rode the wave.

Wolfing’s last recorded launch was Ueconomy in mid 2017.

Ueconomy was yet another cash gifting scam. Alexa traffic estimates for the Ueconomy website suggest it has long-since collapsed.

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