On March 1st Defi Synergy celebrated one month of scamming consumers.

Six days later Defi Synergy’s website went down and its domain was disabled. [Continue reading…]

South African Police are requesting help from the public to identify suspects in Krasimir Kamenov’s murder case. [Continue reading…]

The FTC has secured a preliminary injunction in its Blueprint to Wealth fraud case.

The granted injunction applies to defendants Robert William Shafer (aka Bob Shafer), Charles Joseph Garis Jr., Business Revolution Group and Samuel J. Smith. [Continue reading…]

In a bid to secure an early end to his probation, James Merrill claims he

regret[s] with all my heart ever being associated with the former business partners, business and entire situation that led to my incarceration.

Merrill’s letter to the court also provides additional context to his post-sentencing life. [Continue reading…]

Juan Arellano has pled guilty to iComTech fraud charges on the eve of his criminal trial.

Following a superseding information filing on February 29th, Arellano pled guilty later the same day. [Continue reading…]

In a series of social media posts, Konstantin Ignatov has claimed OneCoin was “the biggest mistake of [his] life”.

Ignatov also shared a snapshot at an airport, suggesting he’s either been deported or is voluntarily leaving the US. [Continue reading…]

Details of the Dutch investigation into Ed Zimbardi have emerged, including the revelation that Zimbardi was released “after interrogation”. [Continue reading…]

German law firm Irle Moser is attempting to suppress its ties to GSPartners and Josip Heit. [Continue reading…]

Billionico operates in the subscriptions MLM niche.

The company is purportedly headed up by Daniel Von Lison. Lison stylizes himself as a “baron” and also goes by Daniel Markus von Lison.

As per his FaceBook profile above, Lison represents he is from Germany.

Lison has no known prior MLM experience. He’s a relatively obscure person who seems to have nothing to his name other than a claim to German nobility.

Business ventures we can attach to Lison are Elite Club and BVL Real Estate.

In Lison’s wife Marina’s own words;

The Concept of Elite Club was established by Daniel`s Father, Chevalier Thaddäus Baron von Lison, in 2010 who is himself a successful entrepreneur and the Grand Prior for Germany of the Order of St. Stanislas.

Thaddäus Baron von Lison as a President of Elite Club saw the concept of the business club as a global association of people with chivalric behavior who are willing to recognize the social problems of our time and unselfishly contribute to their solution.

To be more specific: The ELITE CLUB is an international consortium of outstanding personalities (celebrities, VIP persons, famous artists, business tycoons and just everybody who has a good heart and willingness to help other people), a pact which follows clear vision and clear philanthropic missions.

Right.

Elite Club has its own website domain registered at “eliteclub.world”. SimilarWeb tracked just ~1600 monthly visits to the site as of February 2024. That’s as good as dead.

BVL Real Estate also has a website up, on which it claims it’s a “member of Elite Club”.

SimilarWeb clocked ~1400 monthly visits to BVL Real Estate’s website for February 2024 – it’s also dead.

My impression of Lison is that he’s a run-of-the-mill nepo baby, minus the celebrity.

As far as I can tell, Lison is a frontman for what appears to be an unofficial second reboot of the collapsed GSPartners Ponzi scheme. We’ll dive deeper into that in the conclusion of this review.

Getting back to Billionico, the despite Lison being purportedly based in Germany, the company pretends it is based out of the Marshall Islands.

The Billionico Academy hereinafter referred to as “Billionico, Billionico Academy and Billionico Academy Elite ID” as collective brands used on the Billionico Academy Platform, owned by Primus Liquidity Holding Ltd, registered in Republic of Marshall Islands MH96960.

These terms and conditions are governed by and construed in accordance with the laws of the Republic of Marshall Islands, where the provider operates.

The Marshall Islands is a tax haven in the South Pacific. It’s a tiny nation of just ~42,000, with there being no evidence Billionico “operates” there beyond registering a shell company.

And funnily enough, when you run a search on “96960” for the Marshall Islands, Primus Liquidity Holding Ltd. isn’t the company that comes up.

Billionico also seems to have an undisclosed shell company in Switzerland attached to it:

All products and services offered on Billionico Academy platform are subject to Switzerland VAT.

Given this appears to be the money side of the business, Billionico seems reluctant to disclose specifics of its financial shell company/companies.

Read on for a full review of Billionico’s MLM opportunity. [Continue reading…]

A proposed class-action filed in California on May 3rd alleges Rodan + Fields has misclassified its Consultants as independent contractors.

Plaintiff Lauren Dann, a Rodan + Fields Consultant (distributor), claims the MLM company [Continue reading…]