Cleber Rene Rizerio Rocha, better known as the TelexFree mattress money mule, was busted earlier this year trying to launder $20 million in stolen Ponzi funds.

Following a guilty plea in October, Rocha was scheduled to be sentenced on December 20th.

The sentencing was delayed, following Rocha’s comical attempt to credit himself with the recovery of the $19.2 million in stolen TelexFree investors funds he was caught with.

Following a rescheduled sentencing hearing that took place yesterday, Rocha was sentenced to 33 months in prison. [Continue reading…]

Following on from a FTC complaint filed under seal against Digital Altitude and Michael Force on January 29th, a requested Temporary Restraining Order was granted on February 1st. [Continue reading…]

If you’ve searched for an MLM company as part of your due-diligence, chances are you’ve come across a Digital Altitude spam blog.

The owners of these blogs shamelessly plagiarise MLM content from around the internet and present it as their own – combined with bait and switch advertising for Digital Altitude and related companies.

The worst offenders I’ve personally come across are Jesse Singh, Nicholas Pratt, Aaron & Shara Andrews, Rory Singh and likely a few other hacks I’m forgetting.

Plagiarizing content and bait and switch are scummy marketing practices that only a scummy MLM company would tolerate.

And Digital Altitude certainly fits the definition of a scummy company. BehindMLM reviewed Digital Altitude in 2016 and concluded it was nothing more than a chain-recruitment driven pyramid scheme.

Turns out the FTC agrees, following a complaint filed against Digital Altitude and creator Michael Force last month. [Continue reading…]

The CryptoX3 website identifies the company as a “private cryptocurrency crowdfunding & affiliate profit sharing project” of Unified Crypto Team.

Robert Q. Cash, who refers to himself as “the Crypto Cash King” is cited as the CEO of Unified Crypto Team.

Self-aggrandizement aside, Cash appears to be the owner of CryptoX3.

Robert Q. Cash’s actual name is Robert Matias.

According to his Facebook profile, Matias (right) is based out of California in the US.

MLM opportunities promoted on Matias’ Facebook page in 2018 so far include BitCoiin (pump and dump), Bit Cash Mine (Ponzi), Crypto World Evolution (unregistered securities), Vista Network (doubler Ponzi),  DavorCoin (ICO lending Ponzi), CryptoBitTrade (doubler Ponzi) and eCoin University (matrix recruitment).

Read on for a full review of the CryptoX3 MLM opportunity. [Continue reading…]

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

The Transforming Lives BTC Matrix website domain (“transforminglivesbtcmatrix.biz”) was privately registered on January 23rd, 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…]

Widely touted as a reload ICO lending Ponzi after BitConnect collapsed, DavorCoin has now also collapsed.

As per a corporate update published on Medium, DavorCoin’s anonymous owners advised they were “end(ing) our lending program”. [Continue reading…]

The Temporary Restraining Order previously granted in the BitConnect class-action Kentucky lawsuit, has been extended until February 27th. [Continue reading…]

I first reviewed Alliance in Motion Global back in 2013.

The company claims to have launched around 2006 and is based out of the Philippines.

Management wise Eduardo Cabantog still runs the company as CEO and “Visionary President”.

About a week ago a BehindMLM reader informed me that there’d been some changes to Alliance in Motion Global’s compensation plan.

Seeing as we hadn’t revisited our review since 2013, I felt it was time for an update. [Continue reading…]

As one of BitConnect’s top promoters, Ryan Maasen profited handsomely by investing in and convincing others to invest in the BitConnect Ponzi scheme.

As I understand it, Maasen boasted about paying off his house and buying a new car as a result of his BitConnect promotional efforts.

When BitConnect collapsed, Maasen was one of the first to set about systematically wipe all content he’d published about BitConnect on the internet.

He then proceeded to begin pitching DavorCoin, a BitConnect Ponzi clone, to his viewers.

That didn’t go down well and Maasen soon found himself at the center of a rage shitstorm.

Maasen’s victims are out for blood and as a result of his promotional efforts, Maasen is a named defendant in two proposed class-action lawsuits.

Whether Maasen’s swift deletion of BitConnect content is an admission of guilt is debatable. But it’s a bona fide fact that Maasen personally convinced a ton of people to invest in BitConnect.

Since his naming as a defendant, Maasen’s social media profiles and YouTube channel went dark.

That was the case up until a few hours ago, wherein Maasen uploaded a video titled “I am Ryan Maasen”.

In it Maasen attempts to defend his profiting off other’s misery by claiming he’s a “child of god”. [Continue reading…]

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

The Bitconcent website domain (“bitconcent.co”) was privately registered on September 24th, 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…]