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

The Platin Coin website domain (“platincoin.com”) was registered on July 4th, 2016. PLC Group AG is listed as the owner, with an address in Zug, Switzerland also provided.

Further research reveals this address actually belongs to Regus, suggesting PlatinCoin exists in Switzerland in name only.

In PlatinCoin marketing presentations, affiliates name Alex Reinhardt as CEO of the company. Why this information is not provided on the PlatinCoin website is unclear.

Reinhardt (right) is based out of Germany and up until recently was promoting SwissCoin.

Reinhardt appears to have been head of SwissCoin’s “Team Germany” and was pretty highly ranked within the affiliate-base.

SwissCoin is a Ponzi points cryptocurrency scheme launched mid last year. Following regulatory warnings in Germany, Switzerland and Nigeria, the scammers running the company turned on each other earlier this year.

Legal action was filed in Switzerland, with Alexa statistics showing the company shortly thereafter entered a decline.

This likely prompted Alex Reinhardt to cut ties with SwissCoin and launch his own company.

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

Maya Group describe themselves as a “software startups investment and development company”. No information about who owns or runs the company is provided on the Maya Group website.

A photo of two men sitting in what appears to be a Maya Group office is provided but nothing about who they are.

The man in the black shirt One of the men is Andrey Seregin, listed owner of the Maya Group website domain (“maya-group.me”).

The domain itself was first registered back in 2014 and last updated on November 7th, 2016.

On his personal LinkedIn profile, Seregin cites himself as CEO of Maya Group since 2014.

Possible due to language-barriers, I was unable to put together an MLM history for Seregin, although Maya Group does appear to be his first MLM venture.

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

Only 1 Week provide no information on their website about who owns or runs the business.

The Only 1 Week website domain (“only1week.es”) was registered on January 16th, 2017. Antonio Soto is listed as the domain owner.

Further research reveals Only 1 Week affiliates naming Soto (right) as CEO of the company. Why this information isn’t provided on the Only 1 Week website is unclear.

On his Facebook profile, Soto (full name: Antonio Soto Cortes) claims to be living in Málaga, Spain.

Prior to launching Only 1 Week, Soto was promoting Richmond Berks (Ponzi scheme), Win and Live (pyramid scheme), Five2BTC (cash gifting) and CommHubb (pyramid scheme).

Read on for a full review of the Only 1 Week MLM opportunity. [Continue reading…]

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

The Winnex Plus website domain (“winnexplus.com”) was registered on January 27th, 2017. “WinnexPlus Market e Incorporadora ltda” is listed as the owner, with an address in Sao Paulo, Brazil also provided.

Marketing videos on the Winnex Plus website are hosted on a Vimeo account bearing the name “Peter Marks”.

The profile image for the Peter Marks account is a man infront of a stock photo image of an office. Whether Marks is an actual person or not is unclear.

The same “Peter Marks” image appears on the Trader Club website:

A marketing video on the Trader Club YouTube channel reveals Peter Marks actual name is “Peter Marques”.

Peter Marques is identified as a CEO of Trader Club. As far as I can tell, via some sort of automation software, Trader Club affiliates invest and receive a ROI tied to sports betting.

Trade Club’s social media profiles and Alexa ranking suggest the company in early 2017. This has likely prompted Marques to launch Winnex Plus.

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

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…]