There is no information on the Cash Rally GPS website indicating who owns or runs the business.

The Cash Rally GPS website domain (“cashrallygps.com”) was first registered on August 23rd, 2013. The domain registration was recently updated on August 22nd, 2016, suggesting this might be when the current owner took possession.

The current domain registration lists Sherm Mason as the owner. An address in the US state of Arkansas is also provided.

Sherm Mason (aka Optimus Dale) first popped up on BehindMLM’s radar as the admin of Magnetic Builder.

Magnetic Builder was a $29.95 recruitment scheme launched in 2011.

Last year was a busy one for Mason (right), with at least five known dubious schemes launched throughout:

• Paradise Payments (February 2015) – a $2 to $1000 cash gifting scheme
• Magnetic Gratitude (April 2015) – a $580 matrix-based Ponzi scheme
• Summer Fun Matrix (July 2015) – a $22 three-tier Ponzi scheme and
• 3×9 Millionaire Machine (September 2015) – a $3 in, $435 million dollars out Ponzi scheme
• Instant Pay Christmas (November 2015) – a $5 to $800 cash gifting scheme

In 2016 Mason has already launched Elite Pay Alliance (matrix-based cash gifting), 5 Dolla Money Lines (pass-up chain-recruitment) and Adstraordinary (matrix-based cash gifting).

Alexa statistics for Adstraordinary, launched in April, suggest the scheme has already collapsed.

Cash Rally GPS marks the fourth known launch of Mason’s in 2016.

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

There is no information on the Street Crewz United website indicating who owns or runs the business.

The Street Crewz United website domain (“streetcrewz.com”) was registered on the 18th of January 2016, however the domain registration is set to private.

A marketing video on the Street Crewz United website is hosted on a YouTube account bearing the name “Kaschmiere Rich” (right).

Promotional videos for various HYIP, gifting and recruitment schemes feature on the channel upload history. These include Climb 4 Cash (cash gifting), High Rollers Club ($30 chain-recruitment), Residual Gifting Network (cash gifting), Enviralizer (chain-recruitment),  FreeLife Network, Black Bank Global Network (scam feeder funnel),  Free Life Network (cash gifting) and TVC Matrix (chain-recruitment).

Earlier this year BehindMLM reviewed Google Wallet Cool Million, a scam feeder launched by Rich. The domain registration for Google Wallet Cool Million suggested Kaschmiere Rich’s actual name might be Carl Rich.

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

The Superintendencia de Banca is responsible for the ‘regulation and supervision of the Financial System of Insurance and Private Pension System‘ in Peru.

In an action that slipped under the radar, last month the Superintendencia de Banca issued a warning against Global InterGold (EmGoldex) and Jeunesse. [Continue reading…]

vCard Global was founded in 2015 but only recently announced their MLM opportunity.

The company is based out of Florida in the US and headed up by President, Steven Hoffman.

According to his LinkedIn profile, Hoffman has worked in the finance industry since 2009 (“credit restoration, debt reduction and financial consulting”).

A bio on the World’s Fair Capital private investment firm website claims Hoffman

formed a (sic) MLM company in 2000 which produced $1.9 million in sales in the first 90 days.

A YouTube account bearing Hoffman’s name and profile picture was promoting Preservation of Wealth back in 2014:

Under the guise of selling gold and silver, Preservation of Wealth primarily paid affiliates to recruit new affiliates. The company appears to have collapsed in late 2014.

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

One of the tactics Ponzi schemes use to promote themselves is “legitimacy by association”.

Legitimacy by association typically sees a Ponzi scheme align itself with a reputable brand. The company and its affiliates then pose the question: “If we were a scam, why would company xxx partner with us?”

Kairos Technologies has claimed it has partnerships with multiple companies, which has resulted in affiliates making claims like this:

Kairos delivers cloud services to corporations like Bosch, Sony Playstation, Nissan Motors, Hamé etc.

The widespread nature of these claims has now prompted Nissan to issue an official response. [Continue reading…]

On September 8th, a superseding indictment was returned by a Grand Jury against TelexFree owners James Merrill and Carlos Wanzeler.

The pair were originally indicted in July, 2014 on eight counts of wire fraud and one count of conspiracy to commit wire fraud. [Continue reading…]

Back in July the USFIA Receiver estimated that the Ponzi scheme took in $164 million.

This was a huge increase from the $32 million the SEC estimated when they shut down the scheme.

In his fourth interim report, filed on September 2nd, the Receiver now estimates USFIA took in at least $180 million.
[Continue reading…]

A day after subpoenas were issued on payment processors, the Receiver is now also seeking information from Traffic Monsoon’s top affiliates, a lawyer and two law firms.

A September 8th Notice of Subpoenas filing reveals the Receiver is seeking information from five parties.

In no particular order, the parties the Receiver is requesting information from are listed below; [Continue reading…]

The fallout from the SEC shutdown of Traffic Monsoon continues, with news that My Advertising Pays affiliates have not been paid for a week. [Continue reading…]

A month ago the Traffic Monsoon Receiver issues subpoenas on two banks, requesting information pertaining to Charles Scoville and his family.

On September 7th the Receiver filed another round of subpoenas, this time on several payment processors. [Continue reading…]