50 Cent Freedom provide no information on their website about who owns or runs the business.

The 50 Cent Freedom website domain (“50centfreedom.us”) was registered on July 10th, 2017. Sheri Vine is listed as the owner, with an address in Thailand also provided.

The admin email used to register the 50 Cent Freedom website uses the domain of “Horizon Homestay”.

Horizon Homestay offered rentable apartments in Malacca City, Malaysia.

The Facebook link on the Horizon Homestay website points to a Facebook profile by the name of “John Williams”.

John Williams claims to be from the UK but currently living in Malacca City itself.

MLM underbelly scams promoted by Williams date back to 2012 and include Our Matrix Club (pyramid recruitment), M2M Funds (cash gifting), Amazing5, (investment fraud), Quick Cycler (Ponzi scheme), Ultimate Bitcoin Builder (bitcoin cycler) and Global MoneyLine  (pyramid scheme).

The 50 Cent Freedom website uses nameservers hosted on the M2M Funds domain. This requires ownership of the M2M Funds domain to set.

Williams began promoting M2M Funds in early 2016. Following its collapse and his likely losing money in subsequent MLM underbelly scams, he’s now trying again with 50 Cent Freedom.

As far as I can tell Williams is based out of Malaysia. I did find a Sheri Vine promoting Horizon Homestay back in 2012;

However the relationship between Williams and Vine remains 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…]

On July 20th the Commissione Nazionale per le Società e la Borsa (CONSOB), Italy’s top financial regulator, issued a warning against Questra World and Atlantic Global Asset Management. [Continue reading…]

Hire a law firm to send out some extortion threats, tell your investors and sit back and watch them flood social media with claims websites all over the world are getting sued.

Turns out in the real world, a Ponzi scheme wishing to silence reporting of financial fraud is a little more complicated. [Continue reading…]

Master Coin Plus operate in the cryptocurrency MLM niche and name Thomas Armour as CEO of the company.

Armour is based out of Florida in the US. On his LinkedIn profile, Armour cites himself as an “internationally recognized keynote speaker, author, coach, sales trainer, and educator.”

Prior to Master Coin Plus Armour (right) was the President of YoCoin.

YoCoin is a pump and dump MLM altcoin launched just over a year ago.

Affiliates invested up to $2000 in YoCoin. After reaching a pump high of 33.9 cents in early July, 2016, today YoCoin’s dump value is just 0.3 cents.

Update 25th July 2017 – A former YoCoin affiliate reached out and stated they’d never heard of Thomas Armour being President of YoCoin.

I went to cite my research and couldn’t find the original reference I came across when researching this review.

Dug into it a bit more and realized Tom has been deleting any and all references to YoCoin on his social media profiles and video accounts.

LinkedIn doesn’t cache but below you can see Armour refer to himself as “President at the Greatest Currency”:

Under that position heading was a description for YoCoin, which I took as Armour claiming to be President of YoCoin.

No idea if that was a stealth position or Armour was telling porky pies, but it is what it is. /end update

On the affiliate side of things Armour has promoted Game Loot Network, Saivian and Magic 10 Maketing.

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

USI-Tech’s original business model saw the company charge affiliates €600 EUR for access to an automated forex trading platform.

USI-Tech claimed their bot had made ROIs of up to 150% annually in the past, but provided no proof of past or present trading taking place.

The problem with USI-Tech’s original model, at least as far as scamming people goes, is that euro is easily traceable.

This prompted USI-Tech’s anonymous owner(s) to relaunch as a cryptocurrency opportunity. [Continue reading…]

Multipure was founded in 1970 by the brothers Allen and Alvin Rice.

The Rice brothers ran the company together until 2015, the year Allen Rice passed.

Today Multipure is headed up by CEO Alvin Rice (below right) and headquartered in the US state of Nevada.

As per Rice’s corporate bio;

For over 40 years, Alvin Rice has been leading and operating Multipure with his brother, H. Allen Rice. In 1970, at the age of 22, Alvin co-founded Multipure.

Alvin has spent his entire career dedicated to the operation and growth of Multipure, overseeing everything from Manufacturing, to Marketing, to Business Operations.

He is incredibly proud to work with family, and has educated his son and daughter-in-law with all the knowledge and experience that he has learned in his years building and developing Multipure.

Zachary Rice serves as President of Multipure. His wife Jennifer is Executive Vice-President.

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

2Speedy Matrix provide no information on their website about who owns or runs the company.

The 2Speedy Matrix website domain (“2speedymatrix.com”) was privately registered on July 12th, 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…]

OneCoin’s association with an unregistered charity has caught the attention of the UK’s Charity Commission.

According to the Charity Commission, As-Sabur Global is registered with Companies House but not the commission itself. [Continue reading…]

Wealth Vault Crypto Finance provide no information about who owns or runs the company on their website.

The Wealth Vault Crypto Finance website domain (“mywvcf.com”) was first registered on February 20th, 2016. The registration details were last updated on Febuary 19th, 2017.

Dusty Williams is listed as the owner of the Wealth Vault Crypto Finance domain. A residential address in the US state of Colorado is also provided.

Who is Dusty Williams? No idea. But the official Wealth Vault Crypto Finance Facebook group was created by LaCrisha Wallace on June 14th.

Back then it was “Wolverine Crypto Finance”.

LaCrisha Wallace (right) first popped up on BehindMLM’s radar in 2016, as admin of the Matrix Madness cash gifting scheme.

Recent Wallace has been promoting the Lets Multiply, BitFund ZA and Hidden Gem bitcoin gifting scams.

Read on for a full review of the Wealth Vault Crypto Finance MLM opportunity. [Continue reading…]

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

The Computta website domain (“computta.com”) was privately registered on December 26th, 2016.

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…]