Worldwide Earning operate in the advertising MLM niche and name Ahsan Abbas and Andrea Burriesci as joint owners of the company.

A Companies House (UK) incorporation document is provided on the Worldwide Earning website for “B Solutionss Limited” (not a typo).

B Solutionss Limited was incorporated on August 22nd, 2016. Both Abbas and Burriesci are listed as Directors of the company, through a residential address in London, UK.

According to Abbas’ Facebook profile, B Solutionss is a web hosting and development company. Other than being owned by Abbas, it doesn’t appear to have anything to do with the Worldwide Earnings MLM opportunity.

Limited appears to be a shell company filed with bogus information.

Both Abbas and Burriesci cite their country of residence as UK in B Solutionss Limited incorporation documents.

Ahsan Abbas however provides a contact address in Rawalpindi, Pakistan on the Worldwide Earning website. Andrea Burriesci meanwhile claims to be living in Mezzojuso (Italy) on his Facebook profile.

The B Solutionss Limited incorporation appears to be a shell company, with neither it or Worldwide Earnings having any actual operations in the UK itself.

In addition to running Worldwide Earning, Andrea Burriesci is also an affiliate of the FutureNet Ponzi scheme.

In a Facebook post dated November 25th, 2016, Ahsan Abbas listed the bitcoin gifting scams ZarFund, BitDonix, Super Matrix and Reality Gift as his “favorite matrix” opportunities of the year.

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

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

The Handy BTC Terms Of Use suggest the company is being operated from Tunisia:

These Terms shall be governed and construed in accordance with the laws of Tunisia.

The Handy BTC website domain (“handybtc.com”) was registered on April 15th, 2017. Chaker Saaf is listed as the domain owner, with an address in Monastir, Tunisia also provided.

On his Facebook profile, Saaf (right) claims he’s living in London, UK. The Tunisia address for Handy BTC thus appears to be a decoy.

Prior to launching Handy BTC, Saaf was promoting the 2×9 BitMax bitcoin gifting scheme.

Alexa traffic estimates for the 2×9 Bitmax website suggest it went into decline a few weeks ago. This has likely prompted Saaf to launch Handy BTC.

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

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

The JetCoin website domain (“jet-coin.com”) was privately registered on May 7th, 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…]

Authorities in India traced funds stolen by OneCoin affiliates to a Mauritian woman named Mary Beyance.

Beyance worked with a partner in Bulgaria and, according to Indian authorities, sat atop a money laundering trail of at least $7.7 million USD.

According to the Mauritian newspaper Le Mauricien, authorities in Mauritius are now investigating OneCoin. [Continue reading…]

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

The Star Bit website domain (“starbit.info”) was privately registered on April 29th, 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…]

Project Ethereum operate in the cryptocurrency MLM niche and name John Johnson as CEO of the company.

Johnson is based out of Utah in the US and appears to have worked in the real estate and finance industry (loans) for a number of years.

As per Johnson’s Project Ethereum corporate bio;

John Johnson has been in sales and marketing for the past two decades. John has started many different companies over the years and also spent time as a consultant for small businesses.

John was previously working within a Crypto Currency Platform and realized there as a better way to assist members on building ad [sic] receiving donations.

The “cryptocurrency platform” referenced above is Bitcoin Funding Team.

Bitcoin Funding Team launched back in February and saw affiliates gift bitcoin to each other via a 2×5 matrix. Alexa traffic estimates for the Bitcoin Funding Team website suggest the company went into decline in early May.

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

The Cycled Funds website identified the CEO of the company only as “Rold”.

The Cycled Funds website domain (“cycledfunds.in”) was registered on April 1st, 2017. Harold Nwabiani is listed as the owner, with an address in Lagos, Nigeria also provided.

Presumably “Rold” is an alias of Harold Nwabiani (right).

Earlier this year Nwabiani launched MegaPTCCash, a “pay to click” scheme. Today the MegaPTCCash website is unresponsive, suggesting the scheme has collapsed.

As far as I can tell, Cycled Funds is Nwabiani’s first MLM venture.

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

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

The Matriz Strategy website domain (“matrizstrategy.com”) was registered on May 3rd, 2017. Jhoan Smith is listed as the owner, with an address in Cundinamarca, Colombia also provided.

As far as I can tell Jhoan Smith (“John Smith”) doesn’t exist and the Matriz Strategy domain registration details are bogus.

Marketing videos on the Matriz Strategy website are hosted on a YouTube account bearing the name “Marketing Latino”.

Various screenshots of affiliate backoffices on the Marketing Latino YouTube channel and Facebook page suggest the owners of the group are Wilter Amaro Alvarez and/or Antonio Sevilla.

I’m not sure where Alvarez is based out of but Sevilla operates from Florida in the US.

Sevilla openly advertises Marketing Latino opportunities on his Facebook page, whereas Alvarez is more low-key and only promotes scams via Facebook groups (his Facebook account wall is clean).

The Marketing Latino YouTube channel dates back three years and has been used to promote Infinity BTC Cycles (Ponzi cycler), Infinity BTC (bitcoin gifting),  Five2BTC (bitcoin gifting), ZarFund (bitcoin gifting), Fort Ad Pays (collapsed Ponzi scheme), Karatbars International (pyramid scheme), Spinding (Ponzi cycler) and Wenyard (stock market fraud).

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…]

With $13.1 million dollars of stolen investor funds in the balance, the court’s decision to grant VictoriaBank a Motion to Dismiss on May 3rd was pretty unbelievable.

Along with dismissing the Receiver’s claims against the bank, the decision would also dissolve the freeze order currently in place.

That freeze order is the only thing stopping the $13.1 million dollars disappearing for good. [Continue reading…]

In Macedonia it is illegal to invest in cryptocurrency.

Following repeated general warnings about cryptocurrency, the country’s top financial regulator recently cited OneCoin as an example of a pyramid scheme. [Continue reading…]