Advetex fails to provide ownership or executive details on its website.

Advetex’s website domain (“advetex.net”), was privately registered on December 13th, 2024.

In an attempt to appear legitimate, Advetex provides a “certificate of incorporation” for Advetex Limited.

As above, Advetex Limited is purportedly registered in New Zealand.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

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…]

Crowd1 has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).

As per the AMF’s March 14th Crowd1 warning;

Crowd1 is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.

Offering unregistered securities in violation of Quebec financial law constitutes securities fraud. [Continue reading…]

Earlier today a BehindMLM reader wrote in claiming Jeff Dyck was running Treasure Island as Jeff Jeffries.

Treasure Island is an MLM company committing securities fraud through a reality show ruse.

Treasure Island’s unregistered investment scheme is simple; invest increments of $100 and Treasure Island will pay you back 150% within 12 months.

At time of publication the only name publicly attached to Treasure Island is Brett Nicholson.

The reader who wrote in seemed well-researched, so I took it upon myself to confirm. Here’s what I found. [Continue reading…]

PetronPay has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).

As per the AMF’s March 14th PetronPay warning;

PetronPay [is] not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.

Offering unregistered securities in violation of Quebec financial law constitutes securities fraud. [Continue reading…]

Pertamina USDT fails to provide ownership or executive details on its website.

Pertamina USDT’s website domain (“fa.bikeveniceflorida.com”), was registered with bogus details on February 20th, 2025.

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…]

Travelution, not to be confused with Dave Manning’s MLM company bearing the same name, is the sixth spinoff of the Mavie Global Ponzi scheme.

Travelution has been set up on the website domain (“travelution.ai”), privately registered on October 8th, 2024.

While Travelution features on Mavie Global’s website…

…there is no mention of Mavie Global or CEO Michael Prazenica on Travelution’s website. [Continue reading…]

Apertum has received a securities fraud cease and desist order from Texas.

The Texas State Securities Board (TSSB) groups Apertum, the blockchain tied to GSPartners reboot DAO1 and GSPro+, with “illegal and fraudulent securities schemes” run by Apertum associated Respondents. [Continue reading…]

AI Advisor fails to provide ownership or executive information on its website.

AI Advisor’s website domain (“aiadvisor.cc”), was registered with bogus details on March 14th, 2025.

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 his latest bid to keep money he stole through Fundsz, Brian Early filed an “affidavit of truth” on March 3rd.

Affidavits of truth are typically associated with sovereign citizens. They play into the fantasy that sovereign citizen nutjobs are above the law.

In his affidavit of truth demands, Early claimed the Florida court hearing the Fundsz case lacked jurisdiction over him. [Continue reading…]

TrustPoly, aka Trust, fails to provide ownership or executive information on its website.

TrustPoly’s website domain (“trustpoly.com”), was privately registered on January 17th, 2025.

On January 28th, Fundsz scammer Brian Early began promoting TrustPoly on social media:

TrustPoly would go on to launch on or around February 14th.

Early, who’s originally from Louisiana but has since fled to Costa Rice, is a serial promoter of scams.

In addition to Fundsz, a collapsed MLM crypto Ponzi Early was co-owner of, Early was recently promoting RideBNB 2.0, a reboot of the collapsed RideBNB Ponzi, and GivBux, an MLM pyramid scheme.

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…]