There is no information on the Your Eternal Seed website indicating who owns or runs the business.

The Your Eternal Seed website domain (“youreternalseed.com”) was registered on August 4th, 2016, however the domain registration is set to private.

At the time of publication Alexa estimate that 74.8% of all traffic to the Your Eternal Seed website originates out of the US.

This strongly suggests that whoever is running Your Eternal Seed is also based out of the US.

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…]

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

The GiftoBit website domain (“giftobit.com”) was registered on the 20th of June 2016, however the domain registration is set to private.

Update 11th September 2016 – After this review was published, the GiftoBit website was updated to reflect it is owned by Carlene and Daniel Spiteri:

Giftobit Foundation was founded in July 2016 by Carlene Spiteri and Daniel Spiteri, a mother and son team.

According to Carlene Spiteri’s bio on Coinxion, a cryptocurrency crowdfunding platform that appears to have flopped, she’s worked for ‘two online global digital payment systems‘ that were consecutively shut down by government regulators in 2008 and 2012.

Daniel Spiteri identifies himself as an “online gamer and online trader” who “manage(s) a number of online chat rooms”.

Carlene Spiteri was a prominent GCR Marketing affiliate. GCR Marketing solicited funds from affiliates in exchange for the worthless GCR Coin cryptocurrency.

GCR Marketing collapsed in early 2016 and was shut down amidst separate FBI and SEC investigations. /end update

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

Things aren’t going well for MoBrabus.

In a video uploaded on September 4th, admin Pearse Donnelly acknowledges that alot of MoBrabus affiliates are “concerned” and “pissed off”.

[0:06] There’s no point in beating around the bush. Alot of you are fed up, annoyed (and) frustrated at how things have turned out with MoBrabus.

MoBrabus is an adcredit Ponzi scheme launched in early 2015. MoBrabus affiliates invested $5 in Ad Packs on the promise of a $6 ROI, paid out of subsequently invested funds. [Continue reading…]

In an effort to stave off an inevitable collapse, MMM Global’s Zimbabwe chapter froze investor withdrawals a few weeks ago.

Deposits were still permitted, with the intention being to collect money without withdrawals draining the system and unfreeze existing accounts on September 15th.

That plan has now been cancelled, with MMM Global Zimbabwe prematurely unfreezing investor withdrawals.

Things are going so well in the System that there is no need in Mavro freezing any more.

There is however a catch… [Continue reading…]

Unavailable at the time the order denying James Merrill’s supression motions was published, Judge Hillman’s accompanying memorandum has since surfaced.

In the memorandum the reasoning behind Judge Hillman’s decision is explained. In great detail too I might add, with the memorandum coming in at a whopping twenty-five pages. [Continue reading…]

Over the past month or so Kairos Technologies has been coming up with excuse after excuse regarding non-payment to affiliates.

In addition to “technical problems”, “hackers” and “malicious users”, Kairos Planet also lost ePayments as a payment processor last month.

ePayments were promptly replaced by Paysera, a small Lithuanian payment processor.

Over the last 24 hours Paysera sent out a warning email to newly created accounts. Citing “independent research”, Paysera claim Kairos Technologies is an “illegal financial scheme (pyramid)”. [Continue reading…]

There is no information on the Penny Pays website indicating who owns or runs the business.

The Penny Pays website domain (“pennypays.com”) was registered on the 26th of July, 2016. Michael Dodd of MD Operations Corporation is listed as the owner, with a residential address in the US state of Tennessee also provided.

Michael Dodd (right) first appeared on BehindMLM as the owner of Penny Matrix back in 2012.

Penny Matrix was a $7 a month pyramid scheme attached to an ebook library.

In 2015 Dodd resurfaced with GoBig7, another $7 a month pyramid scheme that switched out ebooks for advertising.

Alexa statistics show a steady decline in traffic to the GoBig7 website from late 2015. This has likely prompted the launch of Penny Pays.

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

Nigeria has a Securities and Exchange Commission? Who knew?

Following the collapse of MMM Global, local chapters of the Ponzi scheme have been sweeping across Africa.

The South African and Zimbabwean chapters have already collapsed, however Nigeria is still chugging along.

In an effort to combat an “aggressive online media campaign” promoting the scam, the Nigerian SEC has issued a warning against MMM Global investment. [Continue reading…]

Eden Life Club operate in the cryptocurrency MLM niche and on their website claim to be headquartered out of Kuala Lumpur in Malaysia.

Curiously, Eden Life Club provide a corporate address in Hong Kong in the footer of their website. No explanation is provided.

Heading up Eden Life Club is CEO ReyHew Yik Choong (right).

Possibly due to language barriers, I was unable to put together an MLM history on Choong.

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

There is no information on the Mr. Movie Time Box website indicating who owns or runs the business.

The Mr. Movie Time Box website domain (“mrmovietimebox.com”) was registered on the 16th of July, 2016.

Douglas Saferite is listed as the owner, with a residential address in the US state of North Dakota also provided.

Whether Mr. Movie Time Box is actually run out of North Dakota is unclear. Two corporate addresses in Texas and California are provided on the Mr. Movie Time Box website.

The Mr. Movie Time Box Terms and Conditions state the company is ‘a division of D & G Marketing‘.

This Agreement shall be governed, construed, and enforced in accordance with the laws of the State of Texas, without regard to its conflict of laws rules.

Douglas Saferite (or his father) has a history of involvement with HYIP schemes dating back to 2005.

In 2012 Saferite was credited as the programmer for The Mobius Loop, a now defunct $10 a pop recruitment scheme.

Read on for a full review of the Mr. Movie Time Box MLM opportunity. [Continue reading…]