Silver Star Live’s David Mayer sued by CFTC for fraud

Silver Star Live was a forex themed MLM opportunity we came across in 2019.

Based on its business model we concluded that, at a minimum, Silver Star Live was engaged in securities fraud.

We first learned of CFTC action against Silver Star Live in late 2019. Two of the company’s co-owners, Candace Ross-Mahmoud and Hassan Mahmoud, settled fraud charges with the CFTC for $75,000.

Silver Star Live’s third owner, David “Quicksilver” Mayer, appears to want to defend similar allegations against him.

This prompted the CFTC to file charges against Mayer on June 11th. [Continue reading…]


Lifocity Review: Durt and CBD oil with strong retail focus

Lifocity operates in the CBD and nutritional supplement MLM niches.

The company is based out of Texas and headed up by co-founders Doug and Sheila Braun (CEO and “Chief Experience Officer” respectively).

Prior to founding Lifocity in May 2019, Doug Braun was Usana’s Chief Marketing Officer.

Braun held the position from 2011 to July 2018. I wasn’t able to ascertain why he left.

In between his MLM gigs, Braun has also founded medical services and marketing companies.

Lifocity’s provided corporate address belongs to LaCore Enterprises, owned and run by Terry LaCore.

This suggests LaCore owns or is a part owner of Lifocity. This is not disclosed on Lifocity’s website.

LaCore Enterprises owns a number of MLM companies, however none appear to be in direct competition with Lifocity.

Read on for a full review of Lifocity’s MLM opportunity. [Continue reading…]


Crowd1 securities fraud warning issued in New Zealand

A Crowd1 securities fraud warning has been issued by New Zealand’s Financial Markets Authority. [Continue reading…]


All In Blockchain Review: Forex trading Ponzi scheme

All In Blockchain’s website provides no information about who owns or runs the company.

In fact as I type this, All In Blockchain’s website is nothing more an affiliate sign-in/registration form.

All In Blockchain’s website domain (“allinblockchain.net”) was privately registered on March 2nd, 2020.

Further research reveals the first video uploaded to All In Blockchain’s official YouTube channel is in Turkish.

The video description of the March 28th video reads as follows (auto-translated from Turkish):

It is an independent partnership initiative that provides worldwide education and training services in the field of finance, founded by All In Blockchain company Mr. Muhammed COŞAN.

“Muhammed COŞAN” lead me to the “Bitcoin Scams Thieves of Turkey” Facebook page, which claims “muhammet cosan”

is a long-known since 2016 and already announced since 2016!

Nowadays, he says the new lie is professional in England and has developed this fund for the benefit of the Turkish people.

Due to language-barriers I was unable to put together an MLM history on Cosan.

At the time of publication Alexa estimates that 91% of traffic to All In Blockchain’s website originates out of Turkey.

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…]



Cardiffs denied stay, Poujade up for contempt & trial date

Last month we covered the Jason and Eunjung Cardiff’s attempt to have FTC proceedings against them stayed, pending a since withdrawn appeal against the sale of their house.

The Cardiffs also argued “they were not afforded due process”, and had a whinge about most of their motions being denied.

The court disagreed and denied the Cardiffs’ stay request. [Continue reading…]


OpenAlexa Review: Ethereum smart contract gifting scheme

OpenAlexa provides no information on its website about who owns or runs the company.

Worse still, OpenAlexa blatantly lies about having no ownership:

Who is the Project Administrator?

In a project like OpenAlexa there is no administrator.

OpenAlexa’s website domain (“openalexa.io”) was privately registered on March 30th, 2020.

At the time of publication Alexa (no affiliation) cites India as the largest source of traffic to OpenAlexa’s website (92%).

This is a strong indication that whoever is running OpenAlexa is based out of India itself.

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…]


Cryptoix Review: 200% a day crypto Ponzi

Cryptoix provides no information on its website about who owns or runs the company.

Cryptoix’s website domain (“cryptoix.org”) was first registered in April 2019. The domain registration was last updated privately on April 4th, 2020.

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…]



Truvy Review: No retail customer differentiation

Truvy began as TruVision Health, a Utah based MLM company launched in 2014.

Initially heading up TruVision Health were co-founders Boyd Wathen and David Brown.

The two are credited as the creator of Plexus’ established “pink drink” product, Slim.

The pair had a falling out with Plexus, which initiated TruVision Health’s launch.

Wathen appears to have left the company on or around 2018 to launch Tavala (now Viiva).

Rather than provide corporate and management information, Truvy’s “about us” section of their website is a marketing pitch.

I had to run a web search to get to Truvy’s “meet the team” website page. I went back and checked Truvy’s homepage, and as far as I can tell this page isn’t linked.

As per the information provided, Truvy was co-founded by David Brown and Shawn Gibson. Gibson is also credited as a TruVision Health co-founder.

Since launch, TruVision Health has had two run-ins with the FDA.

The first was in September 2015 and pertained to the use of illegal ingredients in TruVision Health’s products.

In November 2017, the FDA sent TruVision Health a manufacturing violations warning letter.

Following an earlier inspection in May, the FDA found

serious violations of FDA’s Current Good Manufacturing Practice (CGMP) in Manufacturing, Packaging, Labeling, or Holding Operations for Dietary Supplements.

These violations cause your dietary supplement products to be adulterated within the meaning of … the Federal Food, Drug, and Cosmetic Act … in that the products have been prepared, packed, or held under conditions that do not meet CGMP requirements for dietary supplements.

Further, a review of the product labels collected during the inspection, and a review of your website, identified serious violations of the Act and applicable regulations.

As I understand it there hasn’t been any followup action, meaning TruVision remedied the FDA’s findings.

As to why TruVision Health recently rebranded to Truvy, a May 20th press-release states;

This is a much needed “makeover” for the future of Truvy. The name Truvy retains the beloved “Tru” part of the previous brand, but is softened, and shortened with the added “vy” (meaning to compete).

It’s softer, hipper and a whole lot easier to remember than TruVision Health.

Read on for a full review of Truvy’s MLM opportunity. [Continue reading…]


Dan Putnam & Jean Ramirez’s assets frozen in SEC case

The SEC’s fraud case against defendants Dan Putnam and Jean Paul Ramirez was initially filed under seal on May 7th.

The case was unsealed on June 4th, leading to our report on it.

Looking at the case docket, we learn that Putnam’s and Ramirez’s assets were frozen the same date the SEC filed the case. [Continue reading…]


Scoville denied use of victim funds to pay legal fees (again)

Last August Charles Scoville filed a motion requesting Traffic Monsoon victims pay his $270,000+ legal bill.

On May 29th Scoville’s motion was denied. [Continue reading…]