Oriflame operates in the personal care, apparel and nutritional supplement  MLM niches.

The company maintains corporate offices in Switzerland, although it was founded in Sweden in 1967 by Jonas and Robert af Jochnick.

Today Oriflame is headed up by CEO and President Magnus Brännström (right).

Brännström has been with Oriflame since 1997. According to an executive profile on Bloomberg, Brännström started out as Managing Director of Russia.

He was appointed Regional Director for the CIS, Baltics and Asia in 2001, before assuming his current position in 2005.

It’s worth noting that Oriflame is a publicly traded company on Nasdaq Nordic.

Primary shareholders include Robert, Alexander, Jonas and the af Jochnick family, the Trygg Foundation and the Swedish National Pension Fund.

On the regulatory front, Oriflame was recently fined in Vietnam for failing to implement required refund policies and procedures.

Other than some minor tax issues in Russia, the company otherwise doesn’t seem to have run into regulatory issues.

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

The CFTC has issued a press-release confirming iMarketsLive and Wealth Generators were ‘illegally offering forex and binary options to retail investors in the United States‘.

According to the CFTC, both MLM companies failed to register their respective offering, making the businesses illegal. [Continue reading…]

In an attempt to dismiss their victims, a cliché trotted out whenever the government steps in and shuts down a scam is that said government will keep most of the money.

What scammers don’t realize is that there are checks and balances in place to ensure this doesn’t happen, as evidenced by a recent SEC filing. [Continue reading…]

As of September 7th, Michael Force and Mary Dee have been paid combined living and medical expenses of $42,367 and $48,504 respectively.

Citing “significant changed circumstances”, the FTC now want to stop these monthly payments – and Michael Force isn’t too happy about it. [Continue reading…]

After seemingly little no progress on the regulatory front for some time, a key OneCoin insider has been indicted on a money laundering charge in the US. [Continue reading…]

Regardless of where you fall on the political spectrum, you’ve probably heard of Alex Jones.

Gay frogs, crisis actor claims, getting banned from pretty much every significant social media network for terms of service violations over the past month?

Yeah, Jones is an undeniably divisive personality in the political discourse sphere who’s hard to miss.

But I’m not here to dissect the fictional character Alex Jones plays on the internet. What caught my attention is Jones having signed up as a Jeunesse distributor. [Continue reading…]

Back in August it emerged that Jeunesse and the represented class had reached a settlement.

Following a hearing on September 12th, the proposed settlement agreement has received preliminary approval. [Continue reading…]

Following on from news a settlement between Sean Brown and the FTC had been reached back in July, details of the settlement have now been made public. [Continue reading…]

Outside of a yellow Lamborghini that may or may not belong to Ralf Gold, there hasn’t been much information on what the millions USI-Tech investors lost has been spent on.

Following the filing of a lawsuit by Horst Jicha, we can now account for an additional $1.5 million in stolen USI-Tech investor funds. [Continue reading…]

Following an internal investigation into WorldVentures by Rwandan authorities, yesterday the Rwanda Development Board issued a pyramid scheme warning to the public. [Continue reading…]