BitFundZA provide no information on their website about who owns or runs the business.

The BitFundZA website domain (“bitfundza.co”) was privately registered on August 16th, 2017.

Further research reveals The BitFundZA website uses a favicon hosted on the Loop and Beyond website domain:

A visit to the Loop And Beyond website reveals it to be a 1:1 clone of the BitFundZA website.

The Loop and Beyond website domain was registered prior to BitFundZA on July 6th, 2017, suggesting it was a staging site before the main site went live.

The Loop and Beyond website domain is registered to Ketan Singh through an apartment address in the US state of New Mexico.

Whether Singh, as represented on the Loop and Beyond domain registration, exists is unclear. The name is that of a well-known Indian actor and the Loop and Beyond domain uses Indian name-servers.

BitFundZA is likely on the same server as Loop and Beyond, however it’s behind CloudFlare so I can’t verify for sure.

No information connecting Singh to BitFundZA outside of the domain registration is available, so it’s entirely possible he doesn’t exist. In that case whoever is actually running BitFundZA is likely based out of India itself.

The UK is another possibility, with Alexa currently estimating the country is the largest source of traffic to the BitFundZA website (23%).

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…]

Although not directly referenced, various testimonials and promotional material on The ICANetwork website identify Michael Glaspie as Founder and CEO of the company.

Glaspie first popped up on BehindMLM’s radar as founder and CEO of Icanget2 last year.

Glaspie (right) has been marketed on the internet for a number of years. Numerous marketing material around the internet (likely published by Glaspie himself) claims his online marketing career dates back as far as 1998.

Prior to Icanget2 Glaspie was “helping others figure it out” through Team Vinh. The company credited Glaspie as “a friend and equity partner”.

A Team Vinh newsletter cites Glaspie as being on Team Vinh’s Board of Directors, as head of their “marketing consortium”.

In late 2015 the SEC shut down Team Vinh, revealing it to be a $3 million dollar Ponzi scheme. How much money Glaspie made in Team Vinh is unclear.

Alexa traffic estimates show a sharp decline in traffic throughout 2017 to the Icanget2 website.

Glaspie appears to have launched ICANetwork and Icanget2 around the same time.

In August this year Glaspie announced he was merging the InvitationToJoin affiliate database with that of The ICANetwork.

InvitationToJoin is a matrix-based recruitment scheme also launched by Glaspie in early 2017.

By merging InvitationToJoin with ICAN, Glaspie claimed he’d created a “new The ICANetwork”.

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

One would think a legitimate MLM company with nothing to hide would be open to interviews, especially when they themselves initiated a request for one.

Not so with PM International, who after requesting Norwegian media interview their CEO in Luxembourg, presented them with a list of outrageous demands. [Continue reading…]

A marketing video on the Infinity TrafficBoost website identifies Frank Bauer as co-founder of the company.

The Infinity TrafficBoost website title and marketing copy is also prefaced with “Frank Bauer recommends…”

Further research reveals official Infinity TrafficBoost marketing videos citing Frank Bauer as co-founder of the company:

In a comment left on our Infinity Push review earlier this year, Bauer claimed he is “the person that runs the site.”

A video featured on the Infinity TrafficBoost website is hosted on a YouTube channel bearing the name “Frank VU Bauer”.

Through Add2it Marketing Pty Ltd, Bauer also runs the internet marketing ViralURL, ViralInbox ViralHosts, ViralNetworks and ViralPLR websites.

A PO Box contact address in New South Wales, Australia is provided in the Infinity TrafficBoost Privacy Policy. The same address appears in the Infinity TrafficBoost website domain registration.

On his personal website, Bauer claims to have been living in Sydney since 2005.

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

While I’ve been unable to accurately follow the Nerium Skincare legal dispute due to sealed filings, a few recently unsealed filings reveal Nerium Skincare and Nerium International attempted mediation in mid October. [Continue reading…]

James Aboltin and Pamela Knight filed their RICO pyramid scheme lawsuit against Jeunesse back in July, 2016.

I’d been loosely following the case, with recent developments warranting its addition to my tracking roster.

Aboltin and Knight’s lawsuit seeks to recover losses as a result of signing up as Jeunesse distributors.

Both plaintiffs claim they were

deceived by Jeunesse’s misleading business opportunity, falsely believing that it was a legitimate way to earn money.

Aboltin and Knight allege Jeunesse is a pyramid scheme and names the company, MLM Mafia, Inc., Online Communications, LLC, company owners Wendy Lewis and Randy Ray, Chief Visionary Officer Scott Lewis, and top former and current Jeunesse distributors Kim Hui, Jason Caramanis, Kevin Giguere, and Alex Morton as defendants. [Continue reading…]

CryptoGain provide no information on their website about who owns or runs the company.

The CryptoGain website domain (“cryptogain.biz”) was registered on October 22nd, 2017.

The registration appears to contain bogus information (false address).

Despite existing as of only about a week or so ago, Crypto Gain claims to have “many years of expertise”.

The official CryptoGain Facebook group has one admin, Bernie Thompson.

The Thompson account appears to be bogus, having only been created on or around October 26th, 2017.

A UK incorporation number is provided on the CryptoGain website, which corresponds to “BitLake Limited”.

BitLake Limited was incorporated on June 14th, 2017, through a retail/residential address in Southall, UK.

Warran ONeal is listed as the sole officer of the company, with no further information provided.

Whoever ran BitLake appears to also be running CryptoGain.

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…]

With both Charles Scoville’s and the SEC’s briefs filed in the Traffic Monsoon appeal case, Scoville now has the option of filing a reply brief.

On October 20th Scoville requested an extension of time to file his reply, which was granted later the same day.

The court gave Scoville until November 13th to file his reply. In the meantime the Traffic Monsoon Receiver appears to have sought to remove Traffic Monsoon from appeal proceedings. [Continue reading…]

Stratxis Limited provide no information on their website about who runs or owns the business.

The Stratxis Limited website domain (“stratxis.com”) was privately registered on October 9th, 2017.

An incorporation number provided on the Stratxis Limited website reveals the company was incorporated in the UK on October 11th, 2017.

Mikel Ross is listed as the sole Director of the company.

No information on Ross outside of of Stratxis Limited’s incorporation is available however, casting doubt on whether he actually exists.

Despite existing as of only a few weeks ago, on their website Stratxis Limited represent they have “five years experience”.

A corporate address in London, UK is provided on the Stratxis Limited website. Further research however reveals multiple businesses operating out of the same address, strongly suggesting it is virtual office space.

Supporting this is the use of a stock image of an office to represent Stratxis Limited’s non-existent office.

Marketing copy on the Stratxis Limited website also appears on the Dr. Profit and Crypto Infinity websites.

Both Dr. Profit (Oct, 2017) and Crypto Infinity (Apr, 2016) appear to be collapsed Ponzi schemes. The shared use of marketing copy suggests all three websites are related (likely common ownership).

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…]

Coin Plus provide no information on their website about who owns or runs the business.

The Coin Plus website domain (“coinplus.cc”) was registered on October 12th, 2017.

Logan Lance is listed as the owner, with a residential address in London, UK also provided.

A UK incorporation certificate is provided on the Coin Plus website.

Coin Plus was incorporated in the UK as CoinPlus Bitcoin Limited on September 21st, 2017.

Reece Dave is listed as the sole officer of the company, through a residential address in Manchester.

In addition to Coin Plus, Lance has registered a number of HYIP website domains. He’s also registered and owns a few HYIP monitoring sites.

The most recent appears to be Global FX Team, a forex themed Ponzi scheme. Launched back in June, current Alexa traffic statistics for the Global FX Team website suggest it has collapsed.

This has likely prompted Lance to launch Coin Plus.

No information on Lance outside of the Coin Plus website domain registration is available.

This raises the question of whether Logan Lance and Reece Dave, as represented by Coin Plus, actually exist.

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…]