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…]

Dagcoin operate in the cryptocurrency MLM niche and is headed up by founder and CEO, Nils Grossberg.

According to his LinkedIn profile Grossberg is based out of Estonia.

Grossberg claims Dagcoin’s

mission is to provide alternative currency for everyday use, focusing on the Asian market where we help unbanked people to manage their assets better.

Sound familiar?

Prior to founding Dagcoin Grossberg was a prominent European investor in the OneCoin Ponzi scheme:

Grossberg registered the Dagcoin website domain in late April. He appears to have ceased promoting OneCoin around the same time.

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

Diamond Temple Coin (DT Coin) operate in the cryptocurrency MLM niche.

There is no information on the DT Coin website about who owns or runs the company.

Copy from the DT Coin website also appears on the BTC Diamond Club Facebook page:

BTC Diamond Club is a cryptocurrency mining pool Ponzi scheme, combined with pyramid recruitment commissions.

The naming similarity between the two companies is not likely to be a coincidence.

The DT Coin website uses the primary domain “dtcoin.co.uk”, which was registered privately on January 26th, 2017.

The company also owns the domain “dtcoin.eu”, which is currently forwarded to the .co.uk domain.

The DT Coin .eu domain was registered on November 30th, 2016, by Daniele Marinelli.

Marinelli (right) goes by the alias “networkerpro di” and is based out of Rome, Italy.

DT Coin affiliates identify Marinelli as CEO of the company in their marketing material.

Possibly due to language-barriers, I was unable to put together Merinelli’s MLM history.

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

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

A very Fivver’esque marketing video on the site claims “Joshua Wyatt” is a Marketing Director of the company. Outside of that video however, nothing turns up linking a Joshua Wyatt to XP Mining.

A residential address in Manchester, UK is provided on the XP Mining website. This corresponds with a UK Companies House incorporation for “XP Mining Limited”.

XP Mining Limited was incorporated on May 30th, 2017. Reed Grant is listed as the sole Director of the company, through another address in Manchester.

Reed Grant is the listed owner of the XP Mining website domain, but other than that there is nothing publicly tying him to the company.

In its marketing presentation, the company claims to be

a UK based company with subsidiaries under development in 3 other countries including Latin America, Europe and Asia.

Alexa estimate the current top sources of traffic to the XP Mining website are Russia (25.4%), India (9.9%) and the Ukraine (5.9%). The default language of the XP Mining website meanwhile is Portuguese.

This suggests XP Mining has no actual operations in the UK and exists there 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…]

After the collapse of the short-lived AVLX cryptocurrency, Avalon Life rebooted as a Dash mining pool operation.

Citing an increase in “the entire network-hash rate of major coins”, Avalon Life have announced a third reboot in just over a year. [Continue reading…]

Word on the grapevine is critical discussion of Lyoness in several European countries has recently disappeared.

It began with the removal of a discussion thread on Radar, one of the largest consumer information forums in the Netherlands. [Continue reading…]

The Get7Up Terms and Conditions provides James Manning of 4dollar7up Sites as “company information”.

A residential address in the US state of Alabama is also provided.

Elsewhere on the internet James Manning (right) claims to have

more than 10 years of internet marketing experience with advertising sites, downline builders, list-builders and traffic exchanges.

Earlier this year Manning launched Emerald City Ads and Highway Mails, both collapsed recruitment schemes.

In May Manning also signed up to promote the Leased Ad Space cash gifting scheme.

Read on for a full review of the Get7Up MLM opportunity. [Continue reading…]

BTC Auto Matrix provide no information on their website about who owns or runs the business.

The BTC Auto Matrix website domain (“btcautomatrix.com”) was privately registered on July 11th, 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…]

V-Tec provide no information on their website about who owns or runs the company.

The V-Tec website domain (“v-tec.bz”) was privately registered on June 8th, 2017.

V-Tec marketing material claims the CEO of the company is Martin Vogt.

Other than Vogt’s name appearing in a pop-up on the V-Tec website (not credited as CEO), there is no official confirmation Vogt has anything to do with V-Tec.

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…]

W3 Coins claim to have launched in appears to have launched in late 2016 and operate in the cryptocurrency MLM niche.

The W3 Coins website identifies Juri Vasselli as CEO of the company.

Juri Vasselli (is) a traditional stock trading specialist who is also a digital currency enthusiast turned professional expert.

According to his LinkedIn profile, Vasselli (right) is based out of Italy. Which is strange, because W3 Coins provide a corporate address in the Czech Republic.

Whether W3 Coins has any actual business operations in the Czech Republic is unclear.

A Statement of Financial Affairs dated February, 2015 reveals Vasselli was an investor in the $3 billion dollar TelexFree Ponzi scheme.

Read on for a full review of the W3 Coins MLM opportunity. [Continue reading…]