Crypto World Evolution provide no information on their website about who owns or runs the business.

The company states only that it’s “operated by a team of entrepreneurs who are experts in the field of cryptocurrency digital technologies”.

The Crypto World Evolution website domain (“cryptoworldevolution.trade”) was privately registered on August 16th, 2017.

Update 27th February 2018 – A few days ago Crypto World Evolution updated their website to provide the names of company management.

Tomas Perez-Quevedo is cited as CEO of Crypto World Evolution.

Over the past few years Perez-Quevedo has been involved in the BitClub Network, AirBit Club and Zhunrize Ponzi schemes.

Prior to getting involved in scams from around 2013, Perez-Quevedo was promoting Nussentials.

Perez-Quevedo’s Facebook profile suggests his marketing efforts are primarily concentrated around Vietnam and Thailand. /end update

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

Automated Income Systems provide no information on their website about who owns or runs the business.

The Automated Income Systems website domain (“automatedincome.systems”) was registered on April 26th, 2017.

John Valley is listed as the owner, through an address in the US state of New York.

On Facebook Valley (right) goes by “John J Valley”.

MLM opportunities Valley has promoted in the past include Tidom (cash gifting) and RE247365 (pyramid scheme).

Alternative branding Valley markets Automated Income Systems through include “Stupid Simple System” and “Share the Number”. Of the two Share the Number appears to be more pervasive.

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

When USI-Tech canned its biggest investor market around two weeks ago, it should have been obvious they were running on borrowed time.

Despite the keeping up of appearances and reassurances by USI-Tech investors outside of the US (coughcough “Global Leader” Sharon James), it appears USI-Tech has been inundated with withdrawal requests.

Trotting out the old “we’re too big for legitimate payment processors” routine, USI-Tech has announced withdrawal delays. [Continue reading…]

In the wake of BitConnect’s collapse, BCC points have plummeted from around $225 to a low of about $5 each.

This hasn’t gone unnoticed by the company’s owners, who in a news update today promised BCC to BCCX conversion support and to reopen the internal exchange. [Continue reading…]

Crazy Ad Profits provide no information on their website about who owns or runs the business.

The Crazy Ad Profits website domain (“crazyadprofits.com”) was privately registered on February 15th, 2017.

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…]

In what appears to be an attempt to cover their tracks, admins of the popular BitConnect Reddit have set the discussion forum to private.

Prior to the decision, discussion on the BitConnect Reddit raised the prospect of admins being held legally accountable for promotion of a Ponzi scheme. [Continue reading…]

Ucoin Cash provide no information on their website about who owns or runs the business.

The Ucoin Cash website domain (“ucoincash.co”) was privately registered on October 5th, 2017.

At the time of publication Alexa estimate Vietnam (19%) and the US (10%) are the largest sources of traffic to the Ucoin Cash website.

Based on the level of English on the Ucash Coin website, there’s a good chance it’s being operated out of Vietnam itself;

Ucoin Cash have been established with a long term vision and objective desiring to build a good reputation in digital cash field. We hope that all UCH users and investors would convey an accurate, honest messages while building referrals and earning commissions with UCH.

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…]

Following the collapse of BitConnect, a common question on the mind of those who didn’t get sucked in is “how on Earth did this happen?”

I’ve been wanting to cover BitConnect’s bizarre October event in the US for some time.

I figure now is as good a time as any, and hopefully at the same time it’ll provide insight into how people get wrapped up in MLM Ponzi schemes. [Continue reading…]

In what is believed to easily be the largest MLM cryptocurrency Ponzi collapse, earlier today BitConnect announced they were terminating ROI payments. [Continue reading…]

Noble 8 Revolution operate in the personal development MLM niche. The company does not provide any information about where it operates from on its website.

Heading up Noble 8 Revolution are founders Blaine Williams (CEO), Jim Anderson (President) and Mark Campese (CMO).

Prior to co-founding Noble 8 Revolution, Blaine Williams and Mark Campese served as Global Directors in the Waszupp Global.

Waszupp Global was a Ponzi cycler launched in mid 2017.

Shortly after it launched, Williams and Campese were “terminated” from their Director positions;

For the past couple of months, I have been purging the system of unscrupulous characters.

Even though both of them had promised to stop their practice of stacking and duping partners by collecting funds for their unauthorized marketing systems, they continued to do so.

They both also were planning 2 months ago to start their own co and was canvassing WCF Partners.

Alexa traffic estimates for the Waszupp Global website suggest it collapsed shortly after.

Jim Anderson meanwhile recently served as President of Noble 7 Crowdfunding.

Noble 7 Crowdfunding was a short-lived Ponzi cycler launched in November, 2017.

Sometime between then and now Noble 7 Crowdfunding collapsed and the company website was pulled off-line.

Out of the ashes of two failed Ponzi cyclers comes Noble 8 Revolution.

Read on for a full review of the Noble 8 Revolution MLM opportunity. [Continue reading…]