Top Biticoin provide no information on their website about who owns or runs the company.

The Top Biticoin website domain (“topbiticoin.com”) was registered on March 17th, 2016 with bogus information.

At the time of publication Alexa estimate that Italy (44%), Germany (40%) and Pakistan (15%) are the primary sources of traffic to the Top Biticoin website.

Whoever is running the company is likely also based out of one of these countries.

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…]

VoxxLife provide no information on their website about who owns or runs the company.

The VoxxLife website domain (“voxxlife.com”) was first registered on February 14th, 2015. The registration was recently updated on January 12th, 2017.

Jay Dhaliwal is listed as the domain owner, with an address in Ontario, Canada also provided.

Further research reveals VoxxLife marketing videos crediting Dhaliwal as founder and CEO of the company. Why this information is not provided on the VoxxLife website is unclear.

On his LinkedIn profile, Dhaliwal cites himself as President and CEO of Voxx Sports Inc. since 2010.

VoxxLife marketing videos suggest VoxxLife is an MLM opportunity that markets Voxx Sports Inc’s developed products.

As far as I can tell, VoxxLife is Dhaliwal’s first executive MLM venture.

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

If OneCoin affiliates are to be believed, global freight giant DHL are now accepting OneCoin.

In a March 25th post to Linked In, OneCoin affiliate Norbert Friedrich announced;

DHL accepts OneCoin

As the “phoenix from the ashes” rises, the secret giant under the cryptocurrencies rises to a new glow. The world’s largest package provider DHL now accepts OneCoin as a means of payment.

This is interesting in that the opponents of this cyber  currency repeatedly claimed that ONE is not an official cash because it is not officially listed.

The advantage for DHL is, however, obvious: stable or constantly rising price – and thus a real win-win situation.

On OneCoin’s points-based e-commerce platform DealShaker, a listing offers DHL delivery to “Asia, Africa and rest of the world” for a combination payment of “89.00 EUR + 9.13 ONE (89 EUR)” per kg.

Affiliates in Bulgaria, citing similar ads on DealShaker, also claim DHL are accepting OneCoin:

Not surprisingly, turns out DHL do not accept OneCoin as payment. [Continue reading…]

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

The Super BTC Matrix website domain (“superbtcmatrix.com”) was privately registered on April 2nd, 2017.

Further research reveals a former Super Cash Pay affiliate claiming the same admin is now promoting Super BTC Matrix. I myself was unable to independently verify this information.

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…]

Click Funnels operate in the internet marketing MLM niche and are based out of Idaho in the US.

The Click Funnels website identifies Russell Brunson as CEO of the company.

On his Facebook bio, Brunson (right) refers to himself as a “top super affiliate”.

For over 12 years now Russell has been starting and growing companies online.

He owns a software company, a supplement company, a coaching company, and is one of the top super affiliates in the world.

Brunson is heavily involved in internet marketing, primarily developing and promoting marketing tools which he then sells.

There is some crossover with these tools with respect to being able to market MLM opportunities. The only MLM opportunities I was able to tie Brunson to as an affiliate though are Pure Leverage (gifting scheme attached to blog platform) and Rippln (disastrous attempt at an MLM app company).

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

In response to the German regulatory crackdown on OneCoin’s shell company IMS International Marketing Services, OneCoin issued a press-release claiming BaFin’s cease and desist did not specifically apply to OneCoin.

Please be informed that the recently published BaFin message does not relate to OneLife or OneCoin’s Business, but to IMS GmBh.

The company IMS is a Service Provider, who supported OneLife in Payment Facilitation and Marketing Services.

OneLife and OneCoin are separate and independent legal entities.

While IMS, OneCoin and OneLife might technically be “separate entities”, in reality all three are operated by OneCoin management.

BaFin are naturally aware of this, and today issued clarification on their earlier notice. [Continue reading…]

Whereas some countries are taking a more proactive approach against OneCoin, others still grapple with a lack of regulatory authorization.

The latest country to fall into the latter category is Malta, following a OneCoin warning issued by the Malta Financial Services Authority. [Continue reading…]

When a regulator tells OneCoin or one of its shell companies to stop operating in a country, OneCoin’s standard response is “but OneCoin doesn’t operate in that country!”.

Technically OneCoin operates out of Bulgaria, through a shell Dubai incorporation. OneCoin was incorporated in Gibraltar but was kicked out late last year.

In an effort to combat the ruse of not operating in a country despite soliciting investment from thousands of local investors, the Norwegian Gaming Board has announced it is considering going after local OneCoin affiliates. [Continue reading…]

Powerhouse Feeder identify three company owners on their website; Darren Bradbury and Eddie Harrison from the UK and Eldon Conceicao from the US.

In his Powerhouse Feeder corporate bio, Darren Bradbury claims he’s been ‘living the laptop lifestyle and earning multiple 6 figure incomes for 6+ years‘.

Eddie Harrison’s bio states he’s ‘been in network marketing and internet marketing for 3+ years‘. Conceicao has purportedly ‘been in the web/software development industry for over 15 years‘.

MLM opportunities Darren Bradbury has promoted on his YouTube channel include My 24 Hour Income (collapsed Ponzi scheme), Leased Ad Space (cash gifting), GiftoBit (cash gifting), ZarFund (cash gifting), Stiforp (pyramid scheme) and My Ad Story (Ponzi scheme).

Eddit Harrison also promoted My 24 Hour Income, ZarFund, Stiforp and My Ad Story, in addition to Freedom5 (another Ponzi scheme).

Eldon Conceicao lists himself as a freelance website developer based out of Massachusetts. Powerhouse Feeder appears to be his first MLM venture.

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

My Trader Coin provide no information on their website about who owns or runs the business.

At the time of publication Alexa estimate that the top five sources of traffic to the My Trader Coin website are Ecuador (25%), Brazil (19%), Spain (15%), the US (14%) and the Dominican Republic (11%).

This corresponds with English, Spanish and Portuguese being offered languages for the My Trader Coin website.

It is highly likely that whoever is running My Trader Coin is based out of South America, the US or Spain.

Further research reveals André Feitosa being credited as a “top leader” in My Trader Coin.

Feitosa is/was good buddies with Sann Rodrigues and has been scamming people as far back as the iFreeX Ponzi scheme (early 2015).

Whether Feitosa was also a TelexFree Ponzi investor is unclear.

Last year Feitosa was promoting Bit Trader Banking. Having reviewed My Trader Coin’s business model in retrospect, both companies share identical compensation plans.

Alexa statistics suggest Bit Trader Banking recruitment flatlined in February, 2017. My Trader Coin was launched in March and by all appearances is a reboot.

André Feitosa being at the top of both schemes suggests he’s either running it or in with those that are (not unlike Sann Rodrigues running iFreeX but claiming he was only an affiliate).

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