The Plus Token Wallet website identifies a co-founder of the company as “Mr. Leo”.

Other than a small grainy photo of someone wearing a baseball cap standing behind a podium, no information about Leo is provided.

The Plus Token Wallet website domain was privately registered on September 19th, 2018.

Plus Token Wallet appears to be primarily promoted across Asia.

The Plus Token Wallet website provides a graphical roadmap in Chinese and showcases a recent event in Japan.

There’s also reference to a “grand opening” in South Korea last month.

Offered languages on the Plus Token Wallet website include English, Russian, Chinese, Korean, Indonesian, Vietnamese, German and Japanese.

The “latest news” section of the website boasts of “two China guys reach million monthly income club”.

Update 23rd October 2018 – The owner of the “plustokenwallet.com” domain has informed us he or she is only an affiliate.

At least for now, Plus Token Wallet doesn’t appear to have a problem with affiliate’s using misleading domain names.

The official Plus Token Wallet website domain is “pltoken.io” and is pretty useless.

The default website language is Korean and other than generic blockchain waffle, doesn’t provide any information about the company. /end update

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…]

Samoan Prime Minister Tuilaepa Aiono Sailele Malielegaoi is wary of attempts to promote OneCoin locally.

So much so that for a second time he’s personally issued a warning against OneCoin investment. [Continue reading…]

So the saying goes; the wheels of justice turn slowly.

Honestly, sometimes in the MLM world it feels like they don’t move at all.

Back in 2014 BehindMLM published our MyNyloxin review.

MyNyloxin served as the official network marketing arm for Nutra Pharma.

Steve Gewecke headed up the company, which combined cobra venom pain relief with a “media unit” investment opportunity.

While Nutra Pharma was registered with the SEC at the time, the company failed to declare MyNyloxin’s media units.

By January 2015 MyNyloxin had collapsed. A reboot company Lumaxa was launched but didn’t last long.

Nutra Pharma itself “never turned a profit” and as of December 2016, was losing around $3.5 million annually.

Now, almost four and a half years since our MyNyloxin review, the SEC has filed a lawsuit against Nutra Pharma Corporation. [Continue reading…]

Bitqyck was a typical MLM cryptocurrency altcoin securities offering.

Rather than operate legally, Bitqyck planned to flout US securities law by operating offshore through Firstmover International.

In June Bitqyck revealed it was the subject of a federal regulatory investigation.

Firstmover International’s website has since been pulled and presumably the company has been abandoned.

Now it appears the Bitqyck affiliate investor database may have been sold to Tierra Science Global. [Continue reading…]

The FTC’s lawsuit against Scott Chandler, Louis Gatto, Eric Pinkston and Thomas Dluca is turning into a bit of a circus.

At the heart of the theatrics are two core issues; Scott Chandler handing over his illgotten bitcoin and Thomas Dluca deleting incriminating emails. [Continue reading…]

BehindMLM published our initial American Dream Nutrition review all the way back in 2012.

About a week ago a reader suggested we revisit the company for an updated review, so let’s get into it. [Continue reading…]

22USD Club provides no information on their website about who owns or runs the business.

The 22USD Club website domain (“22usd.club”) was privately registered on May 9th, 2018.

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…]

Banners App provides no information on their website about who owns or runs the business.

The Banners App website domain (“bannersapp.com”) was registered on July 3rd, 2018.

Rafal Szymanski is listed as the owner, through an address in Lviv, Ukraine.

On Facebook Szymanski (right) credits himself as co-founder and CEO of Banners App.

He is also heavily involved in the FutureNet, serving as “Chairman of the foundation council at FutureNet Foundation”.

FutureNet launched four years ago as a six-tier matrix Ponzi cycler.

In 2016 the company launched FutureAdPro, an adcredit Ponzi scheme.

In line with what much of the MLM underbelly was doing, in early 2017 news of a FutureNet altcoin surfaced.

Up until June 2018, FuturoCoin operated as internally traded Ponzi points within FutureNet.

Public trading began on or around June 8th at around $14.

Last month FutureAdPro collapsed, prompting FutureNet to only pay ROIs in pre-generated FuturoCoin.

The FutureAdPro FuturoCoin exit-scam has pumped the value of FuturoCoin from just under $6 to its current value of $12.

Banners App appears to have been launched in the wake of FutureAdPro’s collapse.

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

Richard and Angela Maike, Doyce Barnes, Richard Anzalone, Faraday Hosseinipour, Dennis Dvorin and Jason Syn were scheduled to face trial on January 7th, 2019.

Following ongoing discovery issues and attorney substitution, that court date has now been vacated. [Continue reading…]

The Berlin Group operate in the MLM cryptocurrency niche and appear to be based out of Australia.

Two corporate addresses for The Berlin Group are provided on their website.

The first is in Brisbane and belongs to Servcorp, a virtual office provider.

The second address is an apartment in Melbourne. The connection between the Melbourne apartment and The Berlin Group, if any, is unclear.

Heading up the Berlin Group is Director and CEO, Joachim Pydde (right).

According to Pydde’s Berlin Group corporate bio, prior to the current MLM offering he was selling coffee to supermarkets.

The current Berlin Group MLM offering appears to be spearheaded by Laurie Suarez.

Cited as The Berlin Group’s Executive Operations Manager, Suarez has a “solid foundation in crypto” and

was seconded by the Berlin Group to implement a capital raising Bot to facilitate in the inception of the various projects the company has on the table.

Suarez’s “crypto foundation” is not specified, nor was I able to tie him or Joachim Pydde to any other MLM companies.

What I did learn however is that Suarez, better known as Lorenzo David Suarez and Laurence Suarez, is a “convicted fraudster“.

Peter Ohanyan, cited as The Berlin Group’s Chief Marketing Officer, was promoting 3T Networks earlier this year (March’ish).

3T Networks was an illegal unregistered securities offering, combined with pyramid recruitment.

After 3T Networks collapsed Ohanyan started promoting GroceryBit, a failed cryptocurrency cashback scheme.

Read on for a full review of The Berlin Group MLM opportunity. [Continue reading…]