Following reports of local recruitment activity, on April 12th Canada’s Manitoba Securities Commission issued a Ponzi warning for Pay Diamond. [Continue reading…]

Fair Play BTC provide no information on their website about who owns or runs the business.

The Fair Play BTC website domain (“fairplaybtc.com”) was privately registered on October 11th, 2016.

Whoever is running Fair Play BTC is likely based out of Europe.

The Fair Play BTC website itself is hosted in Italy. Alexa currently estimate that Germany accounts for 75% of traffic to the Fair PLay BTC website. Austria is the second largest source of traffic at 15%.

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…]

The Affluence Network website names Troy R J Hogg (aka Troy James or TJ) as owner of the company.

The Affluence Network has existed in one format or another since 2010, however the latest incarnation of the business was only launched in early 2017.

Prior to launching The Affluence Network, Hogg founded the GC Money Tree pyramid scheme. Under the guise of selling carbon credit certificates, GC Money Tree affiliates paid a fee and received commissions for recruiting others who did the same.

Read on for a full review of The Affluence Network MLM opportunity. [Continue reading…]

On April 12th the DOJ filed a criminal complaint against Richard Maike.

From on or about and between February 6, 2013, and continuing to on or about October 31, 2014, Maike induced individuals to participate in a pyramid and Ponzi scheme known as the I2G Infinite Opportunity plan.

In the criminal complaint, the DOJ accuse Maike of engaging in mail fraud, structuring and engaging ‘in monetary transactions in criminally derived property of a value greater than $10,000‘. [Continue reading…]

In early January Chuck King published a YouTube video in which he claimed the FBI was investigating Rick Maike and Global1Entertainment.

Global1Entertainment was the successor to the collapsed Infinity2Global Ponzi scheme. Both companies were owned and operated by Maike.

Chuck King had invested in Infinity2Global and wasn’t too happy about losing his money in the collapse.

In response to King’s efforts, Maike and G1E filed a $10 million dollar defamation lawsuit. They were granted a TRO in early 2015 and the case has slowly been playing out in court. [Continue reading…]

Seems kind of pointless claiming a company that solicited $50 investments on the promise of a $55 ROI wasn’t an investment scheme, but if the alternative is admitting you conned thousands of people out of millions of dollars – here we are.

On April 14th Charles Scoville filed an interlocutory appeal against the recent granting of a preliminary injunction and denial of a motion to set aside the Traffic Monsoon Receivership. [Continue reading…]

The fallout from BaFin’s freezing of OneCoin’s bank accounts in Germany continues, with more and more victims coming forward to report their losses.

BaFin investigators have labeled OneCoin “one of the most dangerous money games of recent years”.

The latest figures released by investigators on Thursday, April 13th revealed “at least” 25,000 investors Germany have together lost “well beyond 400 million euro” ($424 million USD).

Those numbers are expected to climb, as many victims have yet to go public with their losses “out of shame”.

That’s not the half of it though, with BaFin’s investigation revealing startling information about the company. [Continue reading…]

InCruises launched in early 2016 and operate in the travel services MLM niche.

BehindMLM reviewed InCruises on January 16th, 2016 and concluded it was your usual “access to discounts” fare.

This is problematic as in MLM access to third-party discounts isn’t a product in and of itself (you can’t just charge a fee to provide access to someone else’s discounts).

“Cruise Dollars” go some way to alleviate this compliance issue, providing essentially credits that can be used towards discounted travel.

Additionally the InCruises compensation plan had no retail volume qualifiers, allowing an InCruises affiliate to qualify for commissions via affiliate recruitment (affiliates being the majority holders of travel discount memberships).

A few weeks ago I was informed by a BehindMLM reader that InCruises has ‘a complete new (compensation) plan called 2.0 that is changing all the troubles and risks.’

Today we review InCruises’ new compensation plan and seeing if that’s the case. [Continue reading…]

According to an April 14th news report from Kazakhstan’s Tengri News, officers of the Economic Investigation Service in Astana have arrested several OneCoin investors. [Continue reading…]

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

The Big Coin Machine website domain (“bigcoinmachine.com”) was privately registered on March 2nd, 2017.

The Big Coin Machine Terms and Conditions mentions “CryptoAd”:

Promotion and Misrepresentation

When offering or arguing the Bigcoinmachine chance or the CryptoAd Ad Pack Plan …

This appears to be a reference to Crypto Adz, with the Big Coin Machine website itself pulling resources from the Crypto Adz hosting account:

Crypto Adz was a bitcoin gifting Ponzi hybrid launched late last year by Bilal Hadi.

Today the Crypto Adz website is non-responsive, suggesting the scheme has collapsed. This has likely prompted Hadi to try again with Big Coin Machine.

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