Crypto Cash Pool provide no information on their website about who owns or runs the business.

The Crypto Cash Pool website domain (“cryptocashpool.com”) was privately registered on September 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…]

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

The Resonance Capital website domain (“resonance-capital.eu”) was privately registered on July 13th, 2016.

Resonance Capital claim to have launched in early 2017 and be headquartered in Estonia.

Further research reveals Maris Landsbergis appearing in Resonance Capital marketing videos.

In the videos Landsbergis is credited as Resonance Capital’s “Development Director”. On Resonance Capital affiliate marketing websites, Landsbergis is credited as CEO of the company.

Landsbergis speaks with an Eastern European accent. Outside of Resonance Capital marketing material, no information on him exists.

Resonance Capital do however provide a pointless incorporation certificate, showing shell company registration for Resonance Fund Management Limited in Vanuatu.

At the time of publication Alexa estimate Russia (15%) and Nigeria (12%) are the largest sources of traffic to the Resonance Capital 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…]

By definition, an ICO is

an unregulated means by which funds are raised for a new cryptocurrency venture.

In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

Further differentiating itself from legitimate cryptocurrencies is OneCoin, who claim their planned 2018 ICO ‘will not include or in any other way involve issuance of any currency‘. [Continue reading…]

SDL claim they were established in 2001, with the company name standing for “Success, Determination and Long-term Wealth”.

The company is based out of South Africa and operates in the insurance MLM niche.

SDL provide no information about who runs the company on their website, but do state:

SDL Administrative Services (PTY) LTD is an Authorised Juristic Representative under FSP No. 41507

Administrated by Pioneer Funeral Administrators. An Authorised Financial Services Provider FSP No. 41507

The Pioneer Funeral Administrators website advises it’s ‘responsible for providing outstanding Funeral Administration services.‘

Who is running the company and/or whether they also own SDL is not disclosed.

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…]

Five Winds Asset Management, an attempt to keep the Questra World Ponzi scheme running a little while longer, has attracted the attention of Belgium’s Financial Services and Markets Authority.

The FSMA is Belgium’s top financial regulator and on October 2nd, issued an investor warning against Five Winds. [Continue reading…]

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

The Stargate LTD website domain (“stargate-ltd.com”) was registered on July 17th, 2017.

Sergey Frolov is listed as the owner, with an address in Saxony, Germany also provided.

Sergey Frolov first popped up on BehindMLM’s radar a few days ago as the owner of the Ensis domain.

Ensis is a recently launched 150% a day ROI Ponzi scheme.

Like Ensis, Alexa estimate Russia is currently the largest source of traffic to the Stargate LTD website (27.8%)

In addition to Ensis, Frolov is also the owner of a number of HYIP scam website domains.

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

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

Incloude claim to be ‘an Canadian company [sic], founded in 2012 and started trading on stock exchanges for the first time.‘

The Incloude website domain (“incloude.com”) was first registered in 2012. The domain registration was last updated on June 16th, 2017, which is likely when the current owners took possession of it.

A visit to the Wayback Machine confirms the Incloude website was hosting payday loan spam in 2012.

The domain was parked from 2013 till July, 2017, when the current owners uploaded the Incloude website as it is today.

In short, Incloude didn’t exist prior to June, 2017. Incloude’s claim it has been trading in Canada since 2012 is baloney.

A suite address in Calgary, Canada is provided on the Incloude website. A Google search reveals multiple businesses operating out of the same suite, suggesting this is a virtual address.

Corporate documents provided on the Incloude website purportedly represent ownership of “units” in Incoin Cloud LTD by Vianden Group S.A.

Incoin Cloude LP appears to have been incorporated in Canada at some point, 50% of which is owned by Vianden Group S.A and Diekirch Holding S.A.

Vianden Group S.A. and Diekirch Holding S.A. both appear to be a shell companies incorporated in Belize.

Similar shell company registrations are provided for Incloud Limited in the UK and Hong Kong.

None of the provided documents date prior to June, 2017, further cementing the claim Incloude has existed since 2012 is untrue.

Finally, Incloude cite “Darak Hughes” as “Director General” of the company.

In addition to this being a bizarre title for someone working at a commercial company (no doubt created by someone for whom English isn’t a native language), no information on Darak Hughes outside his mention on the Incloude website is available.

There is however a YouTube video featuring what appears to be a man from eastern Europe in a wig, sitting in front of a poster featuring the Canadian flag.

In the video the man visibly reads off a script and, in broken English and a thick accent, introduces himself as “Darak Hughes, head of the company Incloude”.

Alexa estimate Russia is currently the largest source of traffic to the Incloude website (14%). Germany is a close second, coming in at 13%.

Given the man who claims to be Darak Hughes’ accent and nothing connecting Incloude to Canada other than shell company corporations and lies, it’s a good bet whoever is actually running Incloude is from and based out of eastern Europe.

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…]

Multisure claim to be a ‘dynamic 100% South African “born and bred” company started in the year 2000.‘

Denton Goodford is the Managing Director of Multisure, and credited as the company’s “face, head and heart”.

According to Goodford’s Multisure corporate bio, he’s an

ex State Prosecutor and practising Advocate of the High Court of SA.

Denton started MultiSure in 2000, seeing the need in South African for legal cover with a difference.

His vision is to empower others and so he decided to create Multisure as a network marketing business to allow many people to benefit from the business and work towards their own financial freedom.

Goodford doesn’t appear to have an MLM history prior to founding Multisure.

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

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

The Yota website domain (“yota.biz”) was privately registered on November 22nd, 2016.

The domain registration was last updated on July 22nd, 2017, which is likely when the current owner took possession of it.

Despite this, Yota claim the

story of Yota starts in 2013 when we were one of the first ones to use our work experience in financial markets in country.

Years of working in financial market turned us into advanced, fast-developing and innovative investment company.

Naturally no evidence of Yota existing before July, 2017 is provided.

All signs meanwhile point to Yota run by Russians and/or based out of Russia.

• the Yota domain uses Russian name-servers
• testimonials on the Yota website are in Russian
• Alexa estimate Russia is currently the largest source of traffic to the Yota website (23%)

The official Skype support account linked on the Yota website is “nicholas_yota”. Whether this leads to whoever is running the company or just a dummy account though is unclear.

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…]

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

The Ensis website domain (“ensis.me”) was registered on October 12th, 2017.

Sergey Frolov is listed as the owner, with an address in Saxony, Germany also provided.

Further research reveals Frolov is the owner of a number of HYIP Ponzi scam website domains, suggesting he’s heavily involved in financial fraud.

The Ensis website defaults to the Russian language. Alexa estimate Russia is currently the largest source of traffic to the Ensis website (34%).

A Russian language popup message active on the Ensis website invites participation in an Ensis thread on a Russian Ponzi website and a 100,000 ruble “reserve fund”.

Whether Frolov operates Ensis from Russia or Germany is unclear.

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…]