There is no information on the Team1Bitcoin website indicating who owns or runs the business.

The Team1Bitcoin website domain (“team1bitcoin.com”) was privately registered on January 6th, 2016.

If you visit the Team1Bitcoin website a message at the top of the page informs you you’ve been “invited by admin”. If you then click register your referring affiliate is “rescue hutton”.

This is a static referral link and appears to be the Team1Bitcoin admin account.

Further research reveals “rescue hutton” is actually “Hutton Rescue”, an Ultimate Cycler affiliate.

Rescue (right) is based out of Port Harcourt in Rivers State, Nigeria. In addition to participating in the Ultimate Cycler Ponzi scheme, Rescue is also an affiliate with MMM West Africa and MMM Nigeria (both clones of the collapsed MMM Global Ponzi scheme).

Rescue coordinates his scamming through the website Rescue Nigeria (pun probably intended). Somewhat curiously, Team1Bitcoin is not advertised on the site.

Read on for a full review of the Team1Bitcoin MLM opportunity. [Continue reading…]

There is no information on the Wealth Mason Partners website indicating who owns or runs the business.

The Wealth Mason Partners website domain (“wealthmasonpartners.com”) was privately registered on January 6th, 2017.

Alexa currently estimate that 65% of all traffic to the Wealth Mason Partners website originates out of Nigeria.

The Wealth Mason Partners website counts eighty-four affiliates in Nigeria. There are twenty counted affiliates from the rest of the tracked countries combined.

This strongly suggests that Wealth Mason Partners is likely being run out of Nigeria.

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…]

Following a lengthy analysis of 20,219  victim claims totaling $99 million, the Zhunrize Receiver has determined $41 million across 2858 claims is actually payable.

Along with nine vendor claims totaling $338,254, the Receiver has asked the court to approve the distribution of funds on these claims. [Continue reading…]

There is no information on the Asirvia website indicating who owns or runs the business.

Infact at the time of publication, the Asirvia website is nothing more than an email capture page.

The Asirvia website domain (“asirvia.net”) was registered on December 10th, 2016. Donald LaPlume is listed as the owner, with an address in the US state of Vermont also provided.

Further research reveals LaPlume is one of three Asirvia co-founders, along with Don Smith and Kevin Marino.

Prior to founding Asirvia, all three co-founders were involved in Saivian.

Saivian launched in late 2015. Affiliates paid $125 every 28 days and based on recruitment of new Saivian affiliates, were able to earn a daily ROI of up to $3000.

About a year after launch Saivian appears to have stalled, prompting LaPlume, Smith and Marino to jump ship and launch Asirvia in late 2016.

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

BehindMLM initially reviewed Panvoya back in May of 2015.

A few days ago “Panvoya Support” left a comment on the review informing me that the compensation plan has since changed.

The Panvoya compensation plan we reviewed in 2015 saw Panvoya affiliates sign up, pay a fee and get paid to recruit new affiliates who did the same.

Today we review Panvoya’s updated compensation plan and see if anything’s changed. [Continue reading…]

There is no information on the EthTrade website indicating who owns or runs the business.

The EthTrade website (“ethtrade.org”) was privately registered on February 26th, 2016.

Although the US is currently the largest source of traffic to the EthTrade website (15%, Russia is second at 14%), videos on the official EthTrade YouTube channel suggest the company is being run out of either Russia or China (China is the third-largest source of traffic at 6%).

EthTrade provide Hong Kong incorporation documents on their website. This matches up with an listing for EthTrade Limited in Hong Kong’s  Integrated Companies Registry Information System.

A hidden Hong Kong corporate address is also present in the EthTrade website source-code:

Further research reveals this address actually belongs to Asia Pacific Business Center. On their website Asia Pacific Business Center sell mailing addresses for about $45 USD a month.

This strongly suggests EthTrade exists in Hong Kong in name only.

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…]

There is no information on the Infinitum Flame website indicating who owns or runs the business.

The company identifies the corporate entity Infinitum Flame, S.L., which Infinitum Flame claims is a ‘company legally registered in the European Union‘.

Our company is a company legally constituted in Spain and meets all the tax and regulatory requirements of Spain.

The Infinitum Flame website domain (“infinitumflame.com”) was privately registered on October 29th, 2016.

The footer of the Infinitum Flame website states the site was “designed by Krypto Tech”.

The Krypto Tech website identifies Salvatore D’Arco as Managing Director and Financial Controller of the company.

The same address in Seville, Spain is present on both the Infinitum Flame and Krypto Tech websites, suggesting common ownership.

Prior to the launch of Infinitum Flame, D’Arco (right) was involved in the Pool Miners Ponzi scheme.

Pool Miners was co-founded by Ruben Arcas, who is credited as an International Business Manager of Krypto Tech.

Through packages costing as much as €25,728 EUR, Pool Miners affiliates invested in shares. Pool Miners shares paid a daily ROI via the SARCoin cryptocurrency for 365 days.

The only verifiable source of revenue entering Pool Miners was invested affiliate funds, making it a closed-loop Ponzi scheme.

A visit to the Pool Miners website today reveals the following message:

Poolminers change to Infinitum Flame. In 10 seconds you will redirect to new website.

This suggests that Pool Miners has collapsed and Infinitum Flame is likely a reboot of the same Ponzi business model.

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

Joseph Isaacs and his company ISG Telecom assisted TelexFree with telecommunications regulations.

In early 2014, TelexFree retained ISG to register the VOIP phone service and mobile telephone service with various public utility agencies and to perform related services.

For this service, Isaacs was paid hundreds of thousand of dollars in stolen Ponzi funds.

In April, 2016 the TelexFree Trustee filed clawback litigation against Isaacs and ISG, demanding the return of $747,973  in “fraudulent transfers”.

Following discovery, this amount was revised to $575,000.

After ongoing settlement negotiations between Isaacs, ISG and the Trustee, the parties have now agreed to a $50,000 settlement. [Continue reading…]

Race Cycler launched in 2014 and offered affiliates participation in a $230 matrix cycler. Upon reviewing Race Cycler, BehindMLM concluded it was a pyramid scheme.

At the time we suspected Kent Brown was behind the scheme, however further research a week later led us to believe Ronnie Young was running the show.

Young (full name Herman Ronnie Young) was behind TNT Rotator, the precursor to Race Cycler.

Unbeknownst to us, the SEC contacted Young in early 2015. Shortly thereafter, Young shut Race Cycler down. [Continue reading…]

There is no information on the CryptoBitX website indicating who owns or runs the business.

The CryptoBitX website does have an “about us” section, however at the time of publication it was blank.

The CryptoBitX website domain (“cryptobitx.com”) was registered on December 20th, 2016. Faisal Kamal of Dubai Petroleum is listed as the owner, with an address in Dubai also provided.

Faisal Kamal (right) first popped up on BehindMLM’s radar last month as the admin of FastBTC.

FastBTC’s business model saw affiliates gift bitcoin to each other via a 2×3 matrix. At the time of publication the FastBTC website was non-responsive.

This suggests the scheme has collapsed, likely prompting Kamal to try again with CryptoBitX.

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