Following a complaint from a OneCoin victim last November, Laurent Louis was the subject of a criminal complaint.

The victim claims Louis convinced him to invest 50,000 EUR on the promise of a 1000% ROI “or even more”.

Louis (right) stands accused of pyramid selling, fraud, violation of banking laws and money laundering.

Louis is a former Belgian politician who is banned from running for office till 2021. Unable to work in his chosen profession, Louis has turned to a life of crime.

Authorities allege Louis is a major promoter of OneCoin in Belgium. He’s allegedly pocketed 100,00 to 200,000 Euros in referral commissions for convincing two to three thousand locals to invest.

Yesterday the Brussels Public Prosecutor’s Office announced they will be escalating the case to an official judicial investigation. [Continue reading…]

There is no information on the Instant Revshare website indicating who owns or runs the business.

The Instant Revshare website domain (“instantrevshare.com”) was privately registered on December 23rd, 2016.

Further research reveals Instant Revshare affiliates citing Rob Nunes as the owner of the company.

Nunes (right) along with Tricia Greelish are the sole admins of the official Instant Revshare Facebook group.

Rob Nunes first appeared on BehindMLM back in 2012 as the owner of Leverage 5 To Infinity (pass-up pyramid scheme). Nunes was also co-owner of the Mega 2×2, Prosperity 3×2 cycler scams (2010).

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

There is no information on the Right Rise website indicating who owns or runs the business.

The Right Rise website domain (“rightrise.com”) was first registered on February 19th, 2014. The registration was last updated on January 21st, 2016.

Ronald Allison is listed as the domain owner, with an address in Manchester, UK also provided. The same address is provided on the Right Rise website.

Right Rise was incorporated in the UK in April of 2016. Ronald Allison is the sole is listed as the sole Director of the company.

Further research reveals the UK address provided actually belongs to Manchester Business Center, who sell virtual mailing addresses.

As such it appears Right Rise exists in the UK in name only.

A YouTube account bearing the name “Ronald Allison” began uploading Right Rise marketing videos about a month ago. The videos are low quality and appear to be Fivver type gigs.

No information on Ronald Allison is provided by Right Rise or otherwise publicly available. It is extremely likely that Allison, as represented by Right Rise, doesn’t actually exist.

At the time of publication, Alexa estimate that Japan is the largest source of traffic to the Right Rise website (42%).

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…]

FutureNet launched with a cycler Ponzi back in 2014. New investment began to dwindle in early 2016, prompting the launch of FutureAdPro.

FutureAdPro is an adcredit Ponzi scheme, through which FutureNet promise affiliates a $60 ROI on $50 deposits.

Having built up Ponzi ROI liabilities for a year, FutureNet’s latest revenue ploy is the launch of its own cryptocurrency. [Continue reading…]

When you’re sitting on the internet all day posting inspirational memes and marketing your lastest MLM underbelly scheme, it’s easy to forget you’re pitching to real people.

As two OneCoin scammers in India recently found out, some victims are all too willing to take matters into their own hands. [Continue reading…]

The BTChamp website identifies Kasa Navakantha Rao as admin of the company.

Rao is based out of India, which is presumably where BTChamp is being operated from.

Back in September Rao was marketing ZarFund, a bitcoin-based cash gifting scheme. Earlier in 2016 Rao was promoting Power Hashing, a 25 month ROI Ponzi scheme.

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

There is no information on the Hits Monkey website indicating who owns or runs the business.

The Hits Monkey website domain (“hitsmonkey.com”) was privately registered on November 4th, 2016.

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…]

Following its collapse last month, MMM Nigeria suspended affiliate withdrawals and announced they’d reopen on January 14th.

On January 13th MMM Nigeria did in fact reopen. Sergei Mavrodi purportedly boasted they’d done so because of the ‘hysteria raised by the authorities and the mass media around MMM‘.

Funny how according to MMM Nigeria authorities and media commenting on the largest Ponzi scheme in the country collapsing creates hysteria, and not the collapse itself. [Continue reading…]

Whatever hopes OneCoin affiliates had of getting their money out of the scheme have been dashed, after it was announced the xCoinx internal exchange will remain closed.

The news was broken to OneCoin affiliates over the weekend, tacked onto the end of a video message by Founder Ruja Ignatova. [Continue reading…]

There is currently no information on the Nspire Network website indicating who owns or runs the company.

Further research reveals that up until recently, the Nspire Network website credited Spencer Iverson as Founder and President of the company.

Why this information was taken offline is unclear.

As per Iverson’s Nspire Network corporate bio;

Iverson has built organizations of hundreds of thousands and has helped inspire millions around the world to live the lives of their dreams.

Iverson’s leadership and marketing concepts have helped companies grow their distributor and customer bases by more than 300% and increase monthly gross revenue by more than $5,000,000 – often within a matter of weeks.

Iverson has earned millions of dollars from building traditional businesses and in the industry of network marketing.

Up until recently Iverson was held an executive and affiliate position in Paycation.

On December 21st, 2016, Iverson made the following announcement on Facebook;

This post is meant to quell some rumors floating around. I have not “resigned” from Paycation Travel. I was not “terminated” from Paycation.

I was recently blessed and honored to be asked to serve as the President and co-owner of a new health and wellness company with some phenomenal products. But, to accept this new position, I had to step down as both VP of Business Development and as a National Diamond in Paycation… that’s NORMAL in this industry.

I am still supporting my current team and my desire is that each of my members STAYS with Paycation and enjoy the travel business, JUST LIKE I’M DOING.

Paycation combines retail travel services commissions with affiliate recruitment.

Iverson has a long history of network marketing training. Back in 2008 he co-founded the Millionaire Lifestyle Institute with Ephren Taylor and Floyd Williams.

MLI is a unique and comprehensive success and wealth training program created around a holistic approach to provide progressive individuals and organizations the right tools, environment, associations and information for maximum achievement.

Around 2011 Millionaire Lifestyle Institute was renamed Worthy of Millions Institute. WMI seems to have been in business for about a year.

In 2014 Iverson began promoting Organo Gold, a coffee MLM company. Iverson appears left Organo Gold for Paycation in early 2015.

Iverson is based out of the US state of Georgia. A Google Maps link on the Nspire Network website points to Georgia, so it appears the company is based out of Georgia too.

Digging a bit deeper I found that Nspire Network is credited as a subsidiary of Breakroad35 International.

JJ Javier (right) founded BreakRoad35 and he also serves as Nspire Network’s CEO.

Breakroad35 market coffee, supplements and a skin whitening bar in the Philippines.

BreakRoad35 social media profiles are still active, so it appears Javier is going to run it in tandem with Nspire.

Alexa traffic estimates for the BreakRoad35 website are pretty low (8 million+), suggesting Nspire might be an attempt to revive Javier’s business interests offshore.

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