BankCoin Review: “AI Trading Bot” BANK points ICO lending Ponzi
BankCoin provide no information on their website about who owns or runs the business.
The BankCoin website domain (“bankcoin.io”) was privately registered on August 15th, 2017.
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…]
To promote DagCoin, Igor Alberts slams Ponzi he earned millions in
Last weekend Igor Alberts fronted a DagCoin recruitment event in Tallinn, Estonia.
His marketing strategy?
Slamming the collapsed Ponzi scheme he stole millions of dollars through. [Continue reading…]
PagareX Review: PGX points ICO lending Ponzi
PagareX provide no information on their website about who owns or runs the business.
The PagareX website domain (“pagarex.com”) was privately registered on December 6th, 2017.
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…]
BitSolid Review: 90-day AI bot “hedge fund” Ponzi ROIs
BitSolid provide no information on their website about who owns or runs the business.
The BitSolid website domain (“bitsolid.io”) was privately registered on September 5th, 2017.
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…]
Ted Nuyten and BusinessForHome stop shilling OneCoin
BusinessForHome’s first article on OneCoin was published on April 1st, 2015.
Not a joke by any stretch of the imagination, in it Ted Nuyten reported on OneCoin’s purchase of the Conligus affiliate-base.
This paved the way for victims who lost money in the original Conligus penny auction pyramid scheme to be double-scammed.
Rather than report on this disturbing development, Ted Nuyten simply parroted Aron Steinkeller’s take and referred to it as a “strategic alliance”.
After making millions off of recruitment of new victims into OneCoin over the next two years, Steinkeller and his brothers walked away from a reported $2.5 million a month income in May, 2017.
As for BusinessForHome, April 1st, 2015, marked a downward spiral in editorial oversight. Ted Nuyten, owner of the once-respected publication, would later justify this by claiming it was “impossible to answer” whether “OneCoin is legit or not”. [Continue reading…]
$5 billion dollar Maxim Trader Ponzi scammers arrested in Singapore
Now replaced mostly by mythical “crypto trading” schemes, a few years ago MLM forex trading scams were all the rage.
A number of the schemes originated out of Malaysia and surrounding countries, although most operated through shell companies incorporated in New Zealand, Australia and various Pacific island nations.
One such scam was Maxim Trader, which promised affiliates a monthly ROI of up to 8% on $5000 to $10,000 investments.
Maxim Trader affiliates were of course also paid to recruit new investors through an MLM compensation plan. [Continue reading…]
USI-Tech warning issued by Attorney General of Guam
Following mounting controversy surrounding Guam Senator Tommy Morrison’s involvement in the USI-Tech Ponzi scheme, the Attorney General of Guam has issued an investor warning. [Continue reading…]
LipCoin Review: A cryptocurrency for the surfing community?
LipCoin provide no information on their website about who owns or runs the business.
The LipCoin website domain (“lipcoin.io”) was privately registered on November 10th, 2017.
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…]
Top US BitConnect investor Glenn Arcaro vanishes
As US authorities close in on the BitConnect Ponzi scheme, it appears the top US BitConnect affiliate investor has gone into hiding. [Continue reading…]
Onn Fleek Review: TelexFree VOIP Ponzi clone with bitcoin
Onn Fleek provide no information on their website about who owns or runs the business.
The Onn Fleek website domain (“onnfleek.com”) was privately registered on October 4th, 2017.
Onn Fleek represent they are being operated from Argentina, however the corporate address provided is shared office space belonging to WeWork.
There is no evidence suggesting Onn Fleek has a physical presence or actual business operations in Argentina.
That said it is highly likely that Onn Fleek is being operated out of South America.
Offered languages on the Onn Fleek website include English, Portuguese (Brazil) and Spanish.
Most of the available marketing for Onn Fleek is in Portuguese and targets Brazil.
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…]
