Reaction to our Dapps Global expose has been swift, with investors suspected of leaking information kicked out of secret social media groups.

The company name “Dapps Global” has also been abandoned, and plans to launch an ICO postponed till October. [Continue reading…]

Following a spate of regulatory investigations over 2016, Turkish regulators declared Kairos Technologies a pyramid scheme in early 2017.

This all but spelled the end of the Ponzi scheme, which has been in steady decline since.

With investor losses mounting and no new money coming in, Kairos Technology has announced plans to launch an ICO. [Continue reading…]

BTC Mining Factory is one of Dragon Mining Tech’s “dragon programs”.

Dragon Mining Tech is tied to the collapsed Bitcoiin pump and dump altcoin.

After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners abandoned the project and did a runner.

Dragon Mining Tech is what’s left and, through spin-off companies like Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining, BTC Trader Online and BTC Mining Factory, are trying to milk investors out of even more money.

Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.

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…]

Waszupp Global launched in mid 2017 as a $35 matrix Ponzi cycler.

The business was DOA following departures of its Global Directors, who went on to launch their own clone scam.

Waszupp Global’s flops saw Founder Ash Sahib disable withdrawals and come up with a new compensation plan.

This has sparked renewed interest in the company, with withdrawals recently renabled for investors.

Today we revisit the Waszupp Global MLM opportunity and see what’s changed. [Continue reading…]

BTC Trader Online is one of Dragon Mining Tech’s “dragon programs”.

Dragon Mining Tech is tied to the collapsed Bitcoiin pump and dump altcoin.

After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners abandoned the project and did a runner.

Dragon Mining Tech is what’s left and, through spin-off companies like Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining and BTC Trader Online, are trying to milk investors out of even more money.

Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.

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…]

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

The SuperOne website domain (“super.one”) was first registered on July 24th, 2017.

The domain registration details were recently updated on March 3rd, 2018, suggesting this is when the current owner(s) took possession of it.

A marketing video on the SuperOne website features a narrator with a thick European accent.

A lead I received via email links three Norwegians to SuperOne; Fredrik Skjoldt, Stian Alexander Karlsen (both of whom were top Zeek Rewards Ponzi net-winners) and Andreas Christensen.

The guy building the system is Andreas Christensen, he have been scaming people with Mowjow in many years.

He is doing a scam ICO in Mowjow as welll.

Possibly due to language-barriers, I was unable to independently verify this information.

Typically I don’t publish information I can’t personally verify. The European narrator for SuperOne’s marketing video however lends weight to the information.

Until we receive confirmation regarding SuperOne’s management team, treat the above as unverified.

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…]

Evidently OneCoin investment in Sweden has resulted in a few taxation issues popping up.

While the level of investment into OneCoin from Sweden as a whole isn’t known, it’s significant enough for the Swedish Taxation Authority to add a OneCoin query to its cryptocurrency taxation FAQ.

The fourth question on the Swedish Tax Authority’s FAQ list asks, “Does OneCoin count as a cryptocurrency?”

The answer to which is “no”. The Swedish Tax Authority sees OneCoin as “basically a pyramid game”. [Continue reading…]

One of the core problems a Ponzi points MLM cryptocurrency faces is getting their altcoin listed on a public exchange.

In addition to hitching B2G to Dragon Mining Tech and several “scam within a scam” companies (Bitcoin Trading World, Crypto Mining Space, Palilula Mining etc.), Bitcoiin have been heavily touting public exchange adoption over the past month.

If the scammers behind Bitcoiin and Dragon Mining Tech are to be believed, B2G is set to debut on two public exchanges by the end of the week.

Whatever strings Bitcoiin are pulling to make the listing happen though don’t seem to be enough, with the company also launching an astroturf campaign. [Continue reading…]

EnerSource International launched in 2016 and operate in the health and nutrition MLM niche.

The company is based out of Oklahoma and is run by Founder and CEO, Linden Wood.

As per Wood’s EnerSource International corporate bio;

A defining ‘A-Ha’ moment in Linden Wood’s life occurred when Linden attended a network marketing event, hosted by the company Excel, at age 27.

This would prove to be a defining moment resulting in his astronomical success in the network marketing industry.

Over the next three years, with no official network marketing or public speaking training and without a mentor, Linden immersed himself in books and audios authored by highly successful network marketers and self-help experts, such as Tony Robbins.

Through his dedication, he learned the principles which govern success.

He quickly discovered that it wasn’t his own success that mattered most, but the success of the people who came into his business.

Through this understanding, Linden achieved the highest levels of success Excel had ever seen.

With his unrelenting persistence, Linden, along with his leadership team, built this team, to over 100,000 representatives in only three years.

In 1997, this achievement earned Linden an income of over $500,000 a month.

Wood eventually left Excel to start his own MLM company, WorldConnect.

WorldConnect succeeded at growing to 60,000 representatives and reaching annual sales revenues of $50M a year by his fourth year in business.

After WorldConnect Wood left the MLM industry and pursued other business interests (fitness and real estate).

In 2001, Linden’s company EnerGreens Inc produced the cutting-edge nutritional products, EnerGreens Essentials.

Over the next 7 years this company developed over 40 different nutritional products.

Over the past 15 years, millions of dollars of these products have been sold successfully within fitness franchise systems.

Linden is bringing this exceptional product line to the network marketing industry via EnerSource.

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

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

The Trahdex website domain (“trahdex.co”) was privately registered on December 11th, 2017.

The original Trahdex compensation plan hosted on the company website is in Spanish, suggesting that whoever is running the company is at least familiar with the language.

Alexa traffic estimates reveal Trahdex is primarily being promoted in Nigeria (50% of traffic) and the Netherlands (32%).

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…]