Crazy Ad Profits provide no information on their website about who owns or runs the business.

The Crazy Ad Profits website domain (“crazyadprofits.com”) was privately registered on February 15th, 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…]

In what appears to be an attempt to cover their tracks, admins of the popular BitConnect Reddit have set the discussion forum to private.

Prior to the decision, discussion on the BitConnect Reddit raised the prospect of admins being held legally accountable for promotion of a Ponzi scheme. [Continue reading…]

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

The Ucoin Cash website domain (“ucoincash.co”) was privately registered on October 5th, 2017.

At the time of publication Alexa estimate Vietnam (19%) and the US (10%) are the largest sources of traffic to the Ucoin Cash website.

Based on the level of English on the Ucash Coin website, there’s a good chance it’s being operated out of Vietnam itself;

Ucoin Cash have been established with a long term vision and objective desiring to build a good reputation in digital cash field. We hope that all UCH users and investors would convey an accurate, honest messages while building referrals and earning commissions with UCH.

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…]

Following the collapse of BitConnect, a common question on the mind of those who didn’t get sucked in is “how on Earth did this happen?”

I’ve been wanting to cover BitConnect’s bizarre October event in the US for some time.

I figure now is as good a time as any, and hopefully at the same time it’ll provide insight into how people get wrapped up in MLM Ponzi schemes. [Continue reading…]

In what is believed to easily be the largest MLM cryptocurrency Ponzi collapse, earlier today BitConnect announced they were terminating ROI payments. [Continue reading…]

Noble 8 Revolution operate in the personal development MLM niche. The company does not provide any information about where it operates from on its website.

Heading up Noble 8 Revolution are founders Blaine Williams (CEO), Jim Anderson (President) and Mark Campese (CMO).

Prior to co-founding Noble 8 Revolution, Blaine Williams and Mark Campese served as Global Directors in the Waszupp Global.

Waszupp Global was a Ponzi cycler launched in mid 2017.

Shortly after it launched, Williams and Campese were “terminated” from their Director positions;

For the past couple of months, I have been purging the system of unscrupulous characters.

Even though both of them had promised to stop their practice of stacking and duping partners by collecting funds for their unauthorized marketing systems, they continued to do so.

They both also were planning 2 months ago to start their own co and was canvassing WCF Partners.

Alexa traffic estimates for the Waszupp Global website suggest it collapsed shortly after.

Jim Anderson meanwhile recently served as President of Noble 7 Crowdfunding.

Noble 7 Crowdfunding was a short-lived Ponzi cycler launched in November, 2017.

Sometime between then and now Noble 7 Crowdfunding collapsed and the company website was pulled off-line.

Out of the ashes of two failed Ponzi cyclers comes Noble 8 Revolution.

Read on for a full review of the Noble 8 Revolution MLM opportunity. [Continue reading…]

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

The Monetize Coin website domain (“monetizecoin.com”) was privately registered on November 28th, 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…]

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

The Dekado website domain (“dekado.io”) was privately registered on September 18th, 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…]

CryptoWorld Network provide no information about who owns or runs the company.

The CryptoWorld Network website domain (“cryptoworldnetwork.com”) was privately registered on November 1st, 2017.

Further research reveals CryptoWorld Network affiliates marketing the company as the successor to Global MoneyLine.

A visit to the Global MoneyLine Facebook page reveals the company announced a “new division” back in July:

The August prelaunch didn’t happen (or if it did it flopped), with Global MoneyLine eventually prelaunching CryptoWorld Network as a “sister company” on January 2nd, 2018:

Global MoneyLine is a pyramid scheme launched in mid 2016.

Under the guise of building an email list, Global MoneyLine affiliates pay $20 and are paid to recruit others who do the same.

Alexa traffic estimates for the Global MoneyLine website show a sharp decline in traffic from around March, 2017.

For a pyramid scheme this spells collapse, which has likely prompted the launch of CryptoWorld Network.

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…]

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

The LendConnect website domain (“lendconnect.io”) was privately registered on November 14th, 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…]