Balwinder Singh, son of Speak Asia’s Harendar Kaur, was arrested by Indian authorities at Chennai International Airport earlier this week. [Continue reading…]

RengaLife launched earlier this month and operate in the health and nutrition MLM niche.

The company is based out of California in the US and headed up by co-founders Jason and Eunjung Cardiff.

The Cardiffs also own Redwood Scientific Technologies, of which Jason Cardiff is CEO and Eunjung the company’s Marketing Director.

Whereas the Cardiffs’ RengaLife corporate bios are lacking, their Redwood Scientific Technologies bios provide some insight into their executive history.

Jason Cardiff started his career at Mercedes Benz USA and was appointed the youngest retail Vice President at that time. He went on to serve as a General Manager and executive at Auto Nation, the nation’s largest automotive chain of dealerships.

After leaving the automotive business, he founded First Choice Media, a private consulting company that ran marketing and placed all forms of media for national not-for-profit organizations while simultaneously finding success with his own national infomercial businesses and products.

As the founder of Redwood Scientific Technologies, Inc. Jason provides the leadership and vision for the success of the company.

Eunjung Cardiff started her career at Grey Advertising in NYC with their direct marketing division, representing and buying direct response-oriented national broadcast media for pharmaceutical and consumer packaged goods clients.

She opened and managed the New York branch of Cannella Response Television, the nation’s largest direct response media placement agency and grew that business from $0 to nearly $30 million per year in fewer than 3 years.

She served as their Managing Director for 5 years, representing clients such as Guthy Renker and other highly recognizable national infomercial product companies.

She studied East Asian studies at Columbia University in New York. At Redwood Scientific Technologies, Inc. Eunjung serves as the Marketing Director, in which she oversees management’s activities.

To the best of my knowledge RengaLife is the Cardiffs first venture as MLM company executives.

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

Back in 2015 a Town Councillor attempted to push Lyoness onto residents of Hailsham, a town in East Sussex, England.

Upon other members of Hailsham council learning of the Lyoness AU investment Ponzi scheme, the project was suspended indefinitely.

Two years later, a Town Councillor in another English town has pulled the same ruse. [Continue reading…]

With efforts to secure quick judgment knocked back and there not being much of a company left to fight for, it was pretty obvious Chris Principe’s OneCoin defamation lawsuit wasn’t going to trial.

Following the denial of an entry for default and harassment injunction, Principe’s defamation lawsuit was sent to mediation back in January.

On April 2nd a Mediation Report was filed, stating that ‘the case has been completely settled.‘ [Continue reading…]

Trident Crypto Fund provide no information on their website about who owns or runs the business.

The Trident Crypto Fund website domain (“tridentcryptofund.com”) was privately registered on March 26th, 2018.

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…]

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

The CoinCome website domain (“coincome.info”) was privately registered on February 17th, 2018.

An incorporation number is provided on the CoinCome website, which corresponds with the UK incorporation of Corporate Optimal Income LTD on February 19th.

UK incorporation is dirt cheap and for the most part unregulated. It is a favorite for scammers looking to incorporate dodgy companies.

At the time of publication Alexa cite Russia as the largest source of traffic to the CoinCome website.

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…]

PinCoin launched as a typical ICO lending Ponzi scheme back in February.

Investors were promised ROIs of up to 312% on investment into PIN points.

Not surprisingly, after soliciting $660 million from around 32,000 investors, PinCoin’s admins did a runner. [Continue reading…]

NewULife operate in the health and wellness MLM niche and are based out of California in the US.

The company is headed up founder Alex Goldstein.

Goldstein’s NewULife corporate bio cites him as a

certified homeopath, herbalist, respected iridologist, nutritional consultant (and) creator of many exclusive formulas.

The bio goes on to claim Goldstein took over the family business at age 18.

Store owner by day, college student by night, Goldstein mastered and expanded his retail business.

Soon, he began researching the products he was selling and wondered if he could develop his own line to higher standards and answer particular customer needs.

After he graduated, Goldstein “went back to school” and became a Certified Homeopath and Certified Herbalist.

His new comprehensive knowledge of the human body, combined with insights gained from customer interactions, highlighted gaps in the marketplace.

This led him to launch Natural Life Foods, a line of natural, premium nutraceutical products the company retails online and in their California stores.

The beginning of what sprouted the rest of the phenomenal quality companies to follow.

One of those companies in NewULife, launched by Goldstein earlier this year.

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

Spain’s top securities regulator, the National Securities Market Commission (CNMV), has issued a securities fraud warning against USI-Tech. [Continue reading…]

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

The iGoCrypto website domain (“igocrypto.com”) was privately registered on November 2nd, 2017.

Further research reveals iGoCrypto marketing material naming Chris Kellar (CEO) and Clinton Aragona (President) as co-founders of the company.

Other than an “I’m obviously new to the industry” YouTube video from four years ago, I was unable to put together an MLM history for Kellar.

Clinton Aragona (also goes by “Clinten Aragona”) first appeared on BehindMLM as co-founder of Lead System Network.

Launched in mid 2014, Lead System Network was a matrix-based cash gifting scheme.

Alexa traffic estimates show a steady decline in traffic to the Lead System Network website throughout 2017.

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