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

The Dekado website domain (“dekado.io”) was privately registered on September 18th, 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…]

CryptoWorld Network provide no information about who owns or runs the company.

The CryptoWorld Network website domain (“cryptoworldnetwork.com”) was privately registered on November 1st, 2017.

Further research reveals CryptoWorld Network affiliates marketing the company as the successor to Global MoneyLine.

A visit to the Global MoneyLine Facebook page reveals the company announced a “new division” back in July:

The August prelaunch didn’t happen (or if it did it flopped), with Global MoneyLine eventually prelaunching CryptoWorld Network as a “sister company” on January 2nd, 2018:

Global MoneyLine is a pyramid scheme launched in mid 2016.

Under the guise of building an email list, Global MoneyLine affiliates pay $20 and are paid to recruit others who do the same.

Alexa traffic estimates for the Global MoneyLine website show a sharp decline in traffic from around March, 2017.

For a pyramid scheme this spells collapse, which has likely prompted the launch of CryptoWorld Network.

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…]

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

The LendConnect website domain (“lendconnect.io”) was privately registered on November 14th, 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…]

Secular Coin provide no information on their website about who owns or runs the business.

The Secular Coin website domain (“secularcoin.co”) was privately registered on December 12th, 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 the latest effort to keep the BitClub Network Ponzi scheme chugging along, the company recently announced it would no longer be accepting or paying commissions in bitcoin. [Continue reading…]

Following two pre-trial defeats, Chris Principe’s defamation lawsuit against Tim Curry is heading to mediation. [Continue reading…]

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

The IdeaCoin website domain (“ideacoin.co”) was privately registered on October 19th, 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…]

If it wasn’t already obvious that USI-Tech management had no intention of addressing regulatory compliance in the US and Canada, communication of renewed promotional efforts elsewhere in the world have all but confirmed it. [Continue reading…]

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

The BankCoin website domain (“bankcoin.io”) was privately registered on August 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…]

Last weekend Igor Alberts fronted a DagCoin recruitment event in Tallinn, Estonia.

His marketing strategy?

Slamming the collapsed Ponzi scheme he stole millions of dollars through. [Continue reading…]