To ensure six top Indian OneCoin scammers arrested in April do not post bail and flee, the Mumbai EOW filed a charge sheet against the accused last week. [Continue reading…]

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

The CryptoGold website domain (“krypto-gold.com”)  was registered on July 29th, 2016. Michael Bauer is listed as the owner, with an address in Cologne, Germany also provided.

CryptoGold has another website set up at “cryptogold.de”, on which Sascha Senft is listed as an additional Director of the company. This website also has a PO Box address for CryptoGold Limited in Dubai.

It is likely CryptoGold exists in Dubai in name only and is being operated from Germany.

Possibly due to language barriers, I was unable to find any additional information on either Michael Bauer or Sascha Senft.

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…]

Authorities in Brazil continue efforts to bring TelexFree’s Carlos Wanzeler and Carlos Costa to justice, with eight new criminal complaints filed yesterday.

The Federal Public Prosecutors Office in Espírito Santo have charged Wanzeler, Costa and twenty-one other individuals with money laundering and evasion of foreign exchange. [Continue reading…]

Perfectly Posh operate in the personal care MLM niche and are based out of Utah in the US.

As per the company’s website, Perfectly Posh market a range of products it claims ‘are made in the USA with the purest, natural ingredients on earth‘.

Back in March the FDA visited the Perfectly Posh website for review.

On June 2nd Perfectly Posh CEO and co-founder Ann Dalton received a warning letter identifying several violations. [Continue reading…]

Back in April Kazakhstan authorities arrested top OneCoin investor Mirsaitova D.K. and several of her local downline.

The case is being handled by the Economic Investigation Service, a department of the State Revenue Committee.

In response to a media enquiry, yesterday the SRC provided an update as to the current status of the case. [Continue reading…]

Better Planet Paper provide no information on their website about who owns or runs the business.

The Better Planet Paper website domain (“betterplanetpaper.com”) was privately registered on August 18th, 2016.

Further research reveals Scott Kufus claiming to be the Founder and CEO of Better Living Paper on his LinkedIn profile.

With my keen focus on eco-consciousness, I founded Better Planet in 2017 to revolutionize paper consumption to make sustainability more practical.

Why there’s no information about Kufus on the Better Living Paper website is unclear.

Kufus (right) credits himself with “over 33 years in sales and relationship marketing experience”.

This includes corporate roles and affiliate memberships with

• Video Plus – National Video President of Sales
• The Peoples Network – Executive Director (distributor)
• AdvoCare – National Sales Trainer
• OxyFresh – Sales Advisor
• Univera Life Sciences – Vice President of Sales & Marketing
• GeneWize – Co-founder and Vice President of Sales & Marketing
• SnackHealthy – Co-founder
• Family Vacation Network – Co-founder & Marketing Strategist
• World Ventures – Technical Sales Consultant
• Purium – Field Sales Trainer

Read on for a full review of the Better Planet Paper MLM opportunity. [Continue reading…]

If you want a shot at marketing Ponzi points these days, you need to attach yourself to something that resembles legitimacy.

Traditionally in MLM this is known as “legitimacy by association”. It’s akin to placing a rotten apple next to a gold bar and claiming the apple has value.

The apple is still rotten and worthless, regardless of the value of the gold bar. [Continue reading…]

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

The Our Bitcoin website domain (“ourbitcoin.net”) was privately registered on April 20th, 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…]

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

The CoinXL website domain (“coinxl.com”) was privately registered on June 4th, 2017.

Further research reveals Brad Cook appearing on various CoinXL affiliate marketing calls. Cook is cited as part of CoinXL’s “leadership” and speaks with authority as to the running of the company.

I wasn’t able to ascertain Cook’s specific role within CoinXL.

Brad Cook (right) first appeared on BehindMLM’s radar as the CEO of NexxStars.

NexxStars was a Ponzi scheme launched in 2014. By the end of the year NexxStars had collapsed.

Other companies Cook (right) claims to have been affiliated with include National Safety Associates (NSA), Smart Travel and Enliven.

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…]

World Cryptocurrency Investment provide no information on their website about who owns or runs the business.

The World Cryptocurrency Investment website domain (“my-wci.com”) was privately registered on January 31st, 2017.

Further research reveals Edward Hartley crediting himself as co-founder of the company, in a World Cryptocurrency Investment video dated June 21st.

Hartley does not disclose who the other co-founder(s) of World Cryptocurrency Investment are.

Before co-founding World Cryptocurrency Investment, Hartley was promoting the OneCoin Ponzi scheme. Prior to OneCoin Hartley was an affiliate with Organo Gold.

In early 2016 Hartley had a brief stint as Vice President of Global Sales at Visi.

At the time of publication World Cryptocurrency Investment is primarily marketed in Vietnam. Alexa estimate that pretty much all traffic to the Wold Cryptocurrency Investment originates out of the country.

Read on for a full review of the World Cryptocurrency Investment MLM opportunity. [Continue reading…]