GroceryBit Review: My Freedom Grocer reboot with bitcoin
GroceryBit operate in the e-commerce MLM niche and provide a suite address in Arizona on their website.
A Google search reveals a number of businesses operating out of the same address, suggesting it might be virtual in nature.
Three executives are named on the GroceryBit website; Steve Gewecke (Chief Marketing Officer), Jason Olson (President) and Frederick Weih (Grocery Industry Disrupter).
Frederick Weih founded My Freedom Grocer in early 2015. The company appears to have collapsed before the end of the year.
One My Freedom Grocer review suggests rebates ceased in the months leading up to the collapse;
And yes … I’m getting my 10% cash back every month.
[Update: I was getting cash backs for many months. The check below was a real check. But they have fallen several months behind on checks since then.
I hope for all involved that they are able to catch back up and make the most of this.]
Prior to working at GroceryBit, Jason Olson was promoting Direct Cellars and Youngevity.
When we last saw Steve Gewecke in 2015, he was Marketing Director for the Savian Ponzi scheme.
Gewecke first popped up on BehindMLM’s radar back in 2012, as a VIP Founder of US Utility Direct.
Who owned US Utility Direct was never disclosed, with the company failing to launch on its advertised June 30th, 2012 launch date.
In August 2014 Gewecke resurfaced as the President of MyNyloxin.
MyNyloxin saw affiliates pay between $300 and $1500 for affiliate membership, with commissions paid out when they recruited new affiliates.
Today the MyNyloxin website domain is unresponsive.
Read on for a full review of the GroceryBit MLM opportunity. [Continue reading…]
Nerium International permitted to sell third-party products
Nerium Skincare’s lawsuit against Nerium International dates back to 2016.
Based on an agreement, Nerium International is supposed to only market and sell products developed by Nerium Skincare.
In their lawsuit, Nerium Skincare allege Nerium International stopped honoring the agreement in 2014.
Tracking the case has proven difficult, mostly due to the majority of filings being made under seal.
To also give you some idea of the scope of the case, it’s at 496 filings as of May 25th, 2018.
Earlier on in the case the court appointed a Special Master to make reports and recommendations on filed motions.
Through these unsealed orders (which are difficult to track because the docket contains no information about what an order is being made on), we get glimpses into the progress of the case.
One such Special Master order was made on March 26th, pertaining to Nerium Skincare’s and Nerium International’s respective Motions for Summary Judgment. [Continue reading…]
Pedro Fort defaults in SEC’s Fort Ad Pays fraud case
Following a failed bid to have tax-payers fund his defense, an entry of default has been recorded against Pedro Fort and Fort Ad Pays.
Last November the SEC sued Fort for running the Fort Ad Pays.
Fort Ad Pays was a Ponzi scheme launched in 2015. By mid 2016 the scheme had collapsed.
Through Fort Ad Pays, the SEC allege Pedro Fort scammed investors out of $38 million dollars. [Continue reading…]
Raiding injunction granted against former Nerium Master Distributors
Nerium Internationals’ fight against former Master Distributors Mark and Tammy Smith continues, with the latest seeing a raiding injunction granted against the Smiths. [Continue reading…]
247 SmartLife & TVizion sued by Dish Network
The MLM streambox era was a short-lived fad across 2015 to 2016.
Mostly just an excuse to sell access to pirated content, most of the MLM streambox companies didn’t last long.
There are a few still pushing the concept though, which hasn’t gone unnoticed by copyright holders. [Continue reading…]
BTC Global Team Ponzi losses climb to $80 million
When South African authorities initially announced a criminal investigation into BTC Global back in March, investor losses were pegged at $50 million.
Following analysis of 27,500 investor complaints and an ongoing investigation, the figure has now climbed to $80 million. [Continue reading…]
Singapore govt refers to OneCoin & BitConnect as Ponzi pyramids
In a May 25th press-release addressing digital tokens, the Singapore government has singled out OneCoin and BitConnect as Ponzi pyramid schemes. [Continue reading…]
Lyoness to launch eCredits cryptocurrency
The latest MLM Ponzi scheme to attach itself to a cryptocurrency appears to be Lyoness.
If a recent Latvian promotional video is to be believed, Lyoness are gearing up to launch “eCredits”. [Continue reading…]
Digital Altitude defendants want $100K in “stolen funds” for legal fees
One of the problem MLM scammers have when caught is that outside of the scam they were running, they had no other source of income.
In cases where an injunction is pursued and said scammers assets are frozen, that leaves them with limited options for hiring counsel.
Such is the case with Digital Altitude, Michael Force and Mary Dee, who together are demanding $100,000 to cover legal fees. [Continue reading…]
Morgan Johnson settles Digital Altitude fraud allegations with FTC
The first of the Digital Altitude defendants has buckled, following a joint filing requesting a stay in proceedings as to Morgan Johnson. [Continue reading…]

