The Steinkeller brothers are currently the second biggest earners in the OneCoin Ponzi scheme.

Second only to Juha Parhiala, the brothers head up “One Dream Team” and are routinely trotted out at OneCoin events.

Hailing from South Tyrol, a province in northern Italy, the Steinkeller brothers are purportedly well-known to local authorities.

According to the Gerlach Report, one agency investigating the brothers is Italy’s Direzione Investigativa Antimafia. [Continue reading…]

The news of Germany’s top financial regulator deeming OneCoin illegal has sent shock waves through the OneCoin affiliate base.

This has OneCoin management spooked, with the latest ploy a desperate bid to have independent coverage of the ban removed from the internet. [Continue reading…]

The trouble with running a Ponzi scheme is you attract all manner of seedy people.

When OneCoin told affiliates it was suspending withdrawal requests earlier this year, their less than scrupulous investors had to come up with new ways to withdraw money.

For affiliates in India, that meant creating new accounts for unsuspecting victims and offloading their OneCoin balances in exchange for cash.

For affiliates in China, they saw potential in OneCoin’s DealShaker platform. [Continue reading…]

Following an investor warning from the Bank of Thailand, it has emerged OneCoin is under criminal investigation in Thailand. [Continue reading…]

Prime My Body operate in the nutritional supplement MLM niche and are based out of the US state of Texas.

Heading up the company is CEO Paul Rogers. The Prime My Body website also identifies Brian Cummings as a co-founder.

Somewhat curiously, no other co-founders are provided on the Prime My Body website.

On his LinkedIn profile, Paul Rogers (right) cites himself as CEO of Digital International Media Group (DIMG).

DIMG is listed as the parent company of Prime My Body.

Rodgers first appeared on BehindMLM’s as CEO of CieAura back in 2013.

CieAura was an MLM company that manufactured “holographic chips” that targeted energy, chronic pain, rest, sinus allergies and libido enhancement.

A visit to the CieAura website today reveals the company has since closed:

A post on the official CieAura Facebook account suggests the company officially shut down in April, 2016.

In a July 2016 marketing video featured on the company website, Paul Rogers claims Prime My Body is currently operating in the US, Taiwan and China (Mexico coming soon).

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

Update 8th May 2017 – Despite two articles from the Gerlach Report claiming otherwise, OneCoin’s May 7th Macau event went ahead as planned. The original claims as reported by the Gerlach Report are covered below.

Full coverage of the “fake news” story tomorrow. /end update

Update 8th May 2017 #2 – I’ve now covered the shortcomings of Gerlach Report’s reporting, “Macau police fail to prevent OneCoin event, Gerlach Report fake news?” /end update

Once a year OneCoin management front the company’s affiliate-base and try to keep them interested in the business.

It’s not an easy task, and last year was held in London against a backdrop of broken promises (going public and lying about having already signed up hundreds of thousands of merchants).

This year’s OneCoin Global event was scheduled to take place in Macau on May 7th.

I say was, because apparently Chinese authorities have now been instructed to make sure the event does’t go ahead. [Continue reading…]

Building on an earlier cease and desist issued to OneCoin Ltd (Dubai), Germany’s top financial regulator BaFin has strengthened the order to essentially cover all of OneCoin’s German operations. [Continue reading…]

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

The Bitcoin Golem website domain (“bitcoingolem.com”) was privately registered on March 23rd, 2017.

A UK incorporation certificate for “Bitcoin Golem Limited” is provided on the company website. Dominic Graham is listed as the sole Director of the company, through an address in London.

Further research reveals the same address is tied to a “Dominic Waters”, listed Director for Lensen Group LTD.

Lensen Group is a Ponzi scheme launched in late 2016. The company solicits investment through plans promising a 110% ROI in ten days.

Despite sharing the same address and first name, the birthdates for Dominic Water and Dominic Graham are different.

Given the fraudulent nature of Lensen Group’s business model, it is highly likely that neither Dominic Water or Dominic Graham exists.

Lensen Group launched and began to collapse after a few months. It appears whoever is running it has now decided to try again with Bitcoin Golem.

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…]

International Biz 4 All provide no information on their website about who owns or runs the business.

The International Biz 4 All website domain (“internationalbiz4all.com”) was registered with bogus details on April 18th, 2017.

The International Biz 4 All website is hosted on a private server, along with a plethora of MLM underbelly scams. This is symptomatic of an admin who has purchased a “business in a box” script.

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…]

This one looked like it was going to trial but at the eleventh hour Troy Barnes plead guilty to wire fraud.

That was back in November last year, with a series of sealed filings mostly keeping things under wraps since.

On April 25th however, Barnes’ sentencing hearing finally came up. [Continue reading…]