PGIM USDT fails to provide ownership or executive information on its website.

PGIM USDT’s website domain (“pgpgtrx.com”), was privately registered through a Hong Kong address on March 1st, 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…]

Brainstorm fails to provide ownership or executive information on its website.

Brainstorm’s website domain (“brainstorm.market”), was privately registered on September 12th, 2024.

Further research reveals Brainstorm marketing material citing CEO Jubbaer Miah:

Miah appears to be some random crypto bro from the UK, now residing in Dubai:

On its official YouTube channel, which for some reason isn’t linked from Brainstorm’s website, the native language of marketing videos is French.

Of note is Brainstorm marketing a “trading bootcamp in Dubai” last month:

From this we can ascertain Brainstorm is likely being run by French scammers in Dubai, hiding behind Jubbaer Miah as CEO.

Further supporting this is, as of February 2025, SimilarWeb tracking 100% of Brainstorm’s website traffic from France.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Brainstorm, read on for a full review. [Continue reading…]

Vestas Mall fails to provide ownership or executive information on its website.

Vestas Mall’s website domain (“vestasmall.com”), was registered with bogus details on February 28th, 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…]

Sirius Energy fails to provide ownership or executive information on its website.

Unnamed individuals represented by presumable stolen and/or AI-generated photos are presented as Sirius Energy executives:

Sirius Energy’s website domain (“serius-energy.co”), was privately registered on April 3rd, 2024.

In an attempt to appear legitimate, Sirius Energy provides New York company registration documents on its website.

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 of February 2025, SimilarWeb tracked 100% of Sirius Energy’s website traffic from Kazakhstan.

As opposed to the US, whoever is running Sirius Energy is also likely based out of Kazakhstan.

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…]

South Africa’s courts have beaten the Hawks to the punch.

Mirror Trading International suspected owner and confirmed primary beneficiary, Clynton Marks, has been arrested for contempt of court. [Continue reading…]

TronSoy fails to provide ownership or executive information on its website.

TronSoy operates from two known website domains:

1. tronsoy.xyz – registered in October 2024, private registration last updated on February 20th, 2025
2. tronsoy.vip – privately registered on October 8th, 2024

If we look at the website source-code on TronSoy’s website, we see it is localized to Chinese:

This suggests whoever is running TronSoy has ties to China.

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…]

E1ULife fails to provide ownership or executive information on its website.

E1ULife’s website domain (“e1ulife.com”), was first registered in December 2021. The private registration was last updated on November 19th, 2024.

Further research reveals E1ULife marketing videos citing David Golden as its owner and CEO:

As per his LinkedIn profile, Golden is based out of Florida in the US:

In the experience of his LinkedIn profile, Golden cites CoinLogiq and Ingreso Cybernetico.

CoinLogiq is a collapsed bitcoin ATM scheme that targeted Colombia. Ingreso Cybernetico is a collapsed MLM pyramid scheme.

Both CoinLogiq and Ingreso Cybernetico were run by serial fraudster Dwayne Golden (right).

I wasn’t able to pin down specifics but it’s not unreasonable to suggest a family connection between David and Dwayne Golden.

Dwayne Golden was indicted in 2022 on charges related to his involvement in multiple MLM crypto Ponzi schemes.

Golden pled guilty to conspiracy to commit wire fraud and money laundering in September 2024.

Golden has already consented to forfeiture of $2.46 million, with sentencing expected to be scheduled later this year.

Separately, the CFTC filed parallel civil fraud charges against Golden in 2022. The outcome of the CFTC’s case has been stayed pending Golden’s sentencing.

Even if he’s not related, David Golden was very much part of Dwayne Golden’s crime spree from at least 2013 to 2020.

Also with Dwayne Golden out on bail pending sentencing, we can’t rule out him being unofficially involved in (and/or actually running) E1ULife.

Update 10th March 2025 – I was able to independently confirm a family connection between David and Dwayne Golden.

/end update

Update 11th March 2025 – I was able to independently confirm Dwayne Golden has been involved in E1ULife since launch in 2021:

/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…]

AItoCap, or AItoCapital, fails to provide ownership or executive information on its websites.

AItoCap operates from two known website domains, “aitocap.co” and “aitocap.com”. Both domains were registered with bogus details on February 7th, 2025.

Of note is AItoCap’s website domains being registered through the Chinese registrar Alibaba (Singapore).

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…]

UniLive fails to provide ownership or executive information on either of its websites.

UniLive operates from two known website domains:

1. unilive.io (marketing website) – privately registered on August 11th, 2024
2. h.lulin.top (affiliate login/signup) – registered in September 2023, private registration last updated on November 11th, 2024

Instead of being honest about its founders and management, in its marketing material UniLive presents fictional executives represented by cartoons:

Over on social media UniLive ditches the cartoons…

…but we’re still only left with CEOs “Steve” and “Hunter” represented by photos of unknown origin.

A UniLive rented office marketing video doing the rounds looks like someone hired out an AirBNB and put up temporary UniLive signage.

UniLive’s marketing represents the company is based out of Singapore:

Chinese also features on UniLive’s websites:

And UniLive’s website domain uses Alibaba name-servers.

Putting all of this together, we can likely ascertain UniLive is being run by:

1. Singaporean admins;
2. Chinese admins operating out of Singapore; or
3. Singaporean and Chinese admins working together out of Singapore.

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…]

Patek Mall fails to provide ownership or executive information on its website.

Patek Mall’s website domain (“patekmall.vip”), was registered with bogus details on February 15th, 2025.

Of note is Patek Mall’s website domain being registered through the Chinese registrar Alibaba (Singapore).

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…]