Game Loot Network Review v3: Token scheme adds LOOT altcoin
Game Loot Network launched in 2015 as a token-based mobile gaming platform.
The company was founded by Lance Baker, who also serves as Loot Gaming Network’s President.
A whitepaper on the Game Loot Network website claims the company is headquartered in the US state of Missouri.
During its first year in business, Game Loot Network went through numerous compensation plan revisions.
BehindMLM published an updated Game Loot Network review in June, 2016.
The updated compensation plan required Game Loot Network affiliates to generate “Premium Gamers”.
Premium Gamers were retail customers who paid $10 a month to access Game Loot Network’s platform.
Given the dominance of the “free to play” model across the mobile gaming market, Game Loot Network’s “Premium Gamer” model flopped.
Throughout 2017 traffic to the Game Loot Network continued to decline, before dropping off completely around August.
In late 2017 Game Loot Network announced it would be launching a LOOT altcoin.
Armed with a new business model and updated compensation plan, the company hopes to launch its LOOT ICO next month.
Read on for an updated review of the Game Loot Network MLM opportunity. [Continue reading…]
Payza co-founder Ferhan Patel wants release, brother still at large
Despite initially consenting to detention, Payza co-founder Ferhan Patel wants out.
In a Motion to Revoke Detention Order filed on April 19th, Patel has asked the court to either outright release him, or in the alternative allow him to stay with his brother-in-law in New York. [Continue reading…]
VictoriaBank seeks rehearing on granted $13.1 mill Zeek funds appeal
Following the granting of an appeal in favor of the Zeek Rewards Receiver, VictoriaBank has filed a rehearing petition. [Continue reading…]
Copy Profit Success Global Review: $145 a month forex scam reboot?
Promotion of Copy Profit Success Global, also known as CPS Global, began in late 2017.
CEO and co-founder Joel Santiago claims “beta-testing” for a “prelaunch phase” started around nine months ago.
As of yet CPS Global doesn’t appear to have a public website. Promotion for the company primarily occurs through Copy Profit Success Global branded social media accounts.
CPS Global marketing material doing the rounds reveals Santiago is joined by co-founder Joe Otis.
Joel Santiago first appeared on BehindMLM as CEO and President of Volishon in 2015.
Volishon combined pyramid recruitment with access to discount travel.
By mid 2016 a former top Volishon affiliate claimed the company was in “total shambles”.
Despite attempts to resuscitate the business with an updated compensation plan, Volishon nonetheless went on to collapse.
Normally I’d leave it there – but such is the caliber of MLM marketer CPS Global boast as “select partners”, I felt it prudent to provide further insight.
Here’s Copy Profit Success Global’s management and “select partners” (click to enlarge);
- Joe Otis – firmly believes in Zoolander’s “Blue Steel” and helped run Volishon as a credited “partner”
- Marlon Hurd – credited on the Volishon website as a co-founder of the company
- Oberlin Fonseca – promoted Volishon as an affiliate through a “Rocket Recruiting” app (obviously worked wonders)
- Mack Mills (actual name: Mohammed Zidan, also goes by Mack Zidan) – scammed people through Empower Network, then got scammed by Empower Network himself
- Steven Gerritse – also promoted Empower Network
- Greg Perdriel – scammed people through BitConnect, now spends his time posing on social media and marketing failed Disrupt Thunder energy drink
- Gerardo Ibarra – scammed people through TVC Matrix
- Cheri Ward – scammed people through BTC Global Team, was likely also running the Ponzi scheme
In a CPS Global marketing video, Joel Santiago states Copy Profit Success Global
is by far the biggest opportunity that I’ve ever been a part of, and this will be the last one as well.
Read on for a full review of the Copy Profit Success MLM opportunity. [Continue reading…]
Kryptogenex Review: $250 crypto education with securities fraud
Kryptogenex provide no information on their website about who owns or runs the business.
The Kryptogenex website domain (“kryptogenex.com”) was privately registered on January 16th, 2018.
Further research reveals a YouTube video titled “KryptoGeneX – Meet The Founder”, uploaded to a YouTube channel bearing the name “KryptoGeneX” on February 12th, 2018.
In the video host Brandon “Bitcoin Brandon” Ivey, an affiliate from California, identifies five Kryptogenex co-founders; Stephen McCullough (Oklahoma), Jeramie and Kathy Keen (Hawaii), Will Fjetland (Washington) and Mike Boggs (Pennsylvania).
Stephen McCullough’s claim to MLM fame is being one of the co-founders of SkyBiz.
In 2001 the FTC sued SkyBiz for being a pyramid scheme.
Skybiz affiliates paid $125 for an “e-Commerce Web Pak” and were paid to recruit others who did the same.
The FTC claimed that the program was a classic pyramid scheme.
The agency charged that the claims that consumers who invested in SkyBiz would make substantial income were deceptive; that the defendants’ failure to disclose that most people in pyramid schemes lose money is deceptive.
Evidence submitted by the FTC revealed that 96% of Skybiz affiliates lost money.
In 2003 McCullough and nine co-defendants settled the FTC’s allegations. The settlement saw $20 million in losses returned to Skybiz victims.
As far as I can tell, none of the other Kryptogenex co-founders have any MLM executive experience.
Read on for a full review of the Kryptogenex MLM opportunity. [Continue reading…]
Xpro Trading & Service Review: LikesXL Ponzi launches X12 altcoin
LikesXL launched in 2015 as a simple 50 EUR Ponzi scheme.
According to BehindMLM reader reports, LikesXL investors began experiencing withdrawal problems in late 2016.
In an attempt to continue to defraud investors, LikesXL announced it would launch “stunning new business building videos”, a “state of the art automated sales funnel” and “new and very exciting auction platform”.
Those ideas flopped however, with LikesXL website traffic continuing to decline throughout 2017.
In September 2017 website activity increased, coinciding with the launch of Xpro Trading and Service.
The Xpro Trading and Service website provides no information on who owns or runs the business.
The website domain (“xpro-service.com”) was registered by LikesXL owner Peter Kolar on July 15th, 2017.
Read on for a full review of the Xpro Trading and Service MLM opportunity. [Continue reading…]
Pedro Fort’s lawyer “abandons case”, request for state attorney denied
Pedro Fort has seemingly been caught out in a web of lies, leading to his attorney withdrawing from the case for a second time.
In a brief April 9th filing, Fort requested a “lawyer of the state” be appointed.
Fort made the request because his “lawyer has abandoned the case”. He also claims to not have “the resources to pay a lawyer of confidence”.
Failure to appoint a state attorney, Fort argued, would harm his right to due process. [Continue reading…]
Default judgment sought against Digital Altitude
The FTC’s lawsuit against Digital Altitude continues, with the latest seeing default judgment sought against the company and related entity defendants. [Continue reading…]
Power Mining Pool cease and desist permanent, exit-scam confirmed
Following a cease and desist issued last month, Power Mining Pool’s website was quickly pulled offline.
Power Mining Pool’s admins strung investors along while they quietly executed their exit strategy, after which communication lines went silent.
Now North Carolina has confirmed Power Mining Pool failed to respond to the cease and desist notice, confirming the company’s owners exit-scammed. [Continue reading…]
New Image International Review: 30 yo company with no disclosure
New Image International (also commonly known as New Image Asia), claim to be ‘an award winning business created over 30 years ago in New Zealand‘.
The company operates in the health and nutrition MLM niche and today operates in a number of countries across Oceania, Asia and Africa.
Heading up New Image International is founder and Chairman, Graeme Clegg.
According to Clegg’s New Image International corporate bio, he
started out as a sheep farmer near New Zealand’s capital, Wellington.
It was on his farm that Graeme developed his groundbreaking ideas about health supplements and in 1984 decided to act on his research into the incredible health benefits of colostrum, nature’s first food.
Our focus on innovation and drive to deliver the best health and nutritional products has seen our expansion into numerous countries in the Asia Pacific region, earning New Image International multiple awards and positioning us as an industry leader.
Other than a dispute over unpaid OmegaTrend staff wages in 2010, New Image International appears to have had a clear run with regulators.
Read on for a full review of the New Image International MLM opportunity. [Continue reading…]