German authorities began investigating OneCoin mid last year. In the immediate aftermath of the investigation announcement, OneCoin lost its Deutsche Bank account.

The conclusion of the investigation, led by the country’s top financial services regulator, saw remaining known bank accounts in the name of IMS International Marketing Services GmbH ordered frozen on the 17th and 20th of February.

As acknowledged by BaFin, IMS International Marketing is one of the many shell companies OneCoin use to launder invested funds around the world. [Continue reading…]

EarlyBird Academy operate in the financial services niche and provide a corporate address in Curaçao on their website.

Further research reveals EarlyBird Academy’s provided corporate address actually belongs to Intertrust Group.

Intertrust Group offer jurisdictional fiduciary services in Curaçao, which includes “off the shelf” incorporation. As such it appears EarlyBird Academy exists in Curaçao in name only.

The EarlyBird website identifies Kalpesh Patel as CEO of the company.

Kalpesh Patel (right) first popped up on BehindMLM’s radar in 2015, as a named net-winner in the Zeek Rewards Ponzi scheme. As alleged by the Zeek Rewards Receiver, Kalpesh stole $140,842 from Zeek Rewards victims.

Later in 2015 Patel reemerged as co-founder of Xip4Life. By all appearances, Xip4Life was an attempt to relaunch the Zeek Rewards’ penny auction Ponzi model from within the UK.

The Xip4Life website is still online today, however Alexa traffic statistics suggest the company has long since collapsed.

In 2008 the UK’s Mirror referred to Patel as a “habitual purveyor of crackpot get-rich-quick schemes”.

Patel is based out of the UK, which is presumably where EarlyBird Academy is actually being operated from.

EarlyBird Academy presentations name First United Capital Group as their parent company. Tony Berntsen is identified as CEO on the First United Capital Group website.

Prior to it being set up as a shell company in Curaçao, Bernsten registered the First United Capital Group website through an address in Østfold, Norway.

No specific information about Bersten is provided on the First United Capital Group website. Possibly due to language barriers, I myself was unable to find any additional information.

Regardless, it appears EarlyBird Academy is being run out of the UK, with ties to Norway through First United Capital Group.

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

Wor(l)d International began life as Global Mobile Network back in 2010. Founded by CEO and President Fabio Galdi, Wor(l)d International initially appeared to be headquartered in Singapore, with operations in Italy and China.

Today Wor(l)d International provide a sole corporate address in the US state of Florida.

Global Mobile Network’s original business model saw the company market a tablet, mobile advertising app, VOIP app and “power clouds” (also referred to as “power units”).

Information provided was murky, making it difficult to get a concrete sense of Global Mobile Network’s product lineup.

The compensation plan meanwhile focused heavily on affiliate recruitment.

Power Units paid a ROI to affiliates who purchased them, via recruitment of new Global Mobile Network affiliates who did the same.

Power Units were only available to Global Mobile Network affiliates who spend $600 or $1600 on their membership.

The Power Clouds component of Global Mobile Network’s compensation plan appears to have begun falling apart in early 2016.

Generally from what I’ve seen, most Global Mobile Network affiliates who invested in Power Clouds were not paid and lost money.

Around the same time the Power Clouds were collapsing, Global Mobile Network changed its name to Wor(l)d International and started marketing a wearable device they called “Helo”.

Today there is no mention of VOIP, Power Clouds, mobile advertising or the ad app on the Wor(l)d International website.

A number of you have written in and asked I review Wor(l)d International’s current business model, so in this updated review we’re taking a look at the company as it operates today.

Read on for a full review of the Wor(l)d International MLM opportunity. [Continue reading…]

Reliable Income Club provide no information on their website about who owns or runs the business.

The Reliable Income Club website domain (“reliableincome.club”) was registered on December 30th, 2016. Linda Martin of “Advertising Connections 4u” is listed as the owner, with an address in the US state of Colorado also provided.

Advertising Connections 4u was a matrix-based cash gifting scheme launched mid last year. Today the Advertising Connections 4u website is unresponsive, suggesting the scheme has long since collapsed.

Due to the lack of information provided on the Reliable Income Club website and generic nature of the name, I wasn’t able to put together an MLM history on Linda Martin.

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…]

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

The Team Coins website domain was registered on March 23rd, 2017. Diana Schmitt of ADI.Works is listed as the owners, with an address in Mainhausen, Germany also provided.

Diana appears to be a relative (wife?) of Robert Schmitt (right), who admins the official Team Coins Facebook group. Schmitt also appears as a support contact on the Team Coins website.

In a March 30th post to the group, Schmitt confirms he is the owner of Team Coins.

As far as I can tell, Team Coins is Schmitt’s first MLM venture.

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

Pyur Global launched in late 2016 and operate in the nutritional supplement MLM niche. The company lists two corporate offices on the Pyur Global website, one in the US state of Virginia and the other in Manila, Philippines.

Heading up Pyur Global is CEO and founder Bob Bremner.

Bob Bremner (right) first popped up on BehindMLM’s radar as CEO and founder The Legends Network in 2014.

The Legends Network operated as a matrix-based pyramid scheme with no retail activity.

In 2015 Bremner resurfaced with vStream TV, selling $349 piracy stream boxes. Once again the compensation plan was heavily favored toward affiliate recruitment.

The vStream TV website is still up today, however Alexa rankings reveal a sharp crash in traffic from November, 2016.

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

Me Coin provide no information on their website about who owns or runs the business. At the time of publication the only thing you can do on the Me Coin website is sign up as an affiliate.

The Me Coin website domain (“me-coin.com”) was privately registered on January 28th, 2017.

Further research reveals Juan Carlos Olaya appearing on Me Coin affiliate conference calls as CEO of the company.

Why this information is not provided on the Me Coin website is unclear.

Marketing videos on YouTube credit Juan Carlos Olaya (right) as President and co-founder of the Ingreso Cybernetico pyramid scheme.

Olaya was still promoting Ingreso Cybernetico as of May, 2016. Alexa traffic estimates for the Ingreso Cybernetico website show a decline in interest throughout 2016 and 2017.

For a pyramid scheme, this is as good an indication as any Ingreso Cybernetico has or is well on the way to collapsing.

Since last May Olaya has been publishing generic online marketing training videos to his YouTube channel.

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

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

The company claims to have ‘offices in Europe and the United States’.

An address for an office in Appleton, Wisconsin is provided on the iMouvin website. Further research however reveals this is virtual office space provided by Instant Offices.

It appears iMouvin exist in the US in name only. No information about the company’s purported European operations are provided.

The iMouvin website domain (“imouvin.com”) was privately registered on April 25th, 2016. The domain registration was last updated on March 14th, 2017.

A February 27th marketing video uploaded by “iMouvin Corporate” to YouTube identifies Jim Adams as CEO and President of the company.

That no information is provided about Adams on the iMouvin website is highly suspicious. Possibly due to the generic nature of the name, I myself was unable to put together an MLM history.

Reflected in affiliate marketing efforts, iMouvin is primarily being marketed to Brazilian communities within the US.

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…]

With her husband already having plead guilty to wire fraud two months ago, it was only a matter of time before his wife Connie Apostelos buckled.

While William Apostelos is credited as the mastermind behind Genesis Acquisitions, federal prosecutors alleged his wife was also involved.

In a thirteen page guilty plea, Connie Apostelos acknowledges her involvement but denies she was a conspirator in the $70 million Ponzi scheme. [Continue reading…]

There is no information on the Global 2×2 website indicating who owns or runs the business.

The Global 2×2 website domain (“global2x2.com”) was privately registered on March 10th, 2017.

The official Global 2×2 Facebook group has two admins;  Matt Crawford and Amar Bohra.

Going by post on their respective personal Facebook profiles, both Crawford and Bohra appear to be involved in running Global 2×2.

Amar Bohra’s Facebook profile was created on or around March 22nd, which is pretty suspicious. There is no other content on the profile other than Global 2×2 marketing.

Recent MLM opportunities Matt Crawford has promoted include the X-Binary and EthTrade Ponzi schemes. Crawford is also an investor in the Elite Earners Club HYIP Ponzi scheme (non-MLM).

Read on for a full review of the Global 2×2 MLM opportunity. [Continue reading…]