Today’s slice of life in the MLM underbelly is brought to you by Pearse Donnelly.

Donnelly is the admin behind MoBrabus, an adpack Ponzi scheme launched early last year.

When MoBrabus began to slow down a few months ago, Traffic Powerline was announced.

Instead of adpacks, Traffic Powerline’s investments are attached to “traffic packs”. The flow of funds within Traffic Powerline however is the same: new affiliates invest and those funds are used to pay off existing investors.

Symptomatic of Traffic Powerline’s launch perhaps not going as well as envisioned, last night I received an email from Donnelly himself. [Continue reading…]

The Eagle Aurum website identifies Alejandro R. Argilla as CEO and President of the company.

No corporate address is provided on the Eagle Aurum website, however the company appears to be based out of Spain.

Update October 5th 2016 – Eagle Aurum Team now provide an address in Valencia, Spain on their website. /end update

The Eagle Aurum website domain was registered on the 15th of June, 2016. Eagle Aurum Company is listed as the owner, with an address in Valencia, Spain also provided.

On Alejandro Argilla’s Facebook profile an affiliate link for SwissGolden appears:

Under the guise of selling gold, SwissGolden was a matrix Ponzi cycler launched in 2014.

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

Crypto 888 Club launched back in April, 2015 and promised investors monthly returns on deposits of up to €10,000 EUR.

Recruitment of new Crypto 888 Club affiliates dropped off in early 2016, prompting a reboot as Octa Partners.

Six months later  Octa Partners is in shambles, with the scheme once again gearing up to reboot as Nano Club. [Continue reading…]

Econet Wireless is the largest mobile network operator, second largest company by market capitalisation, and one of the largest employers in Zimbabwe.

For local MMM Global investors EcoCash, Econet’s payment processor platform, is ‘the primary way for people to deposit into‘ the Ponzi scheme.

While that itself isn’t significant (plenty of legitimate payment processors unknowingly get caught up in the MLM underbelly), what’s remarkable is Econet’s response to being called out on facilitating fraud. [Continue reading…]

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

The BitKingdom website domain (“bitkingdom.org”) was registered on the 14th of August 2015, however the domain registration is set to private.

Marketing videos featured on the BitKingdom website are hosted on a YouTube account bearing the name “Arsyan Ismail”.

On his LinkedIn profile, Ismail (right) lists his location as Kuala Lumpur, Malaysia.

At the time of publication Alexa estimate that 39.6% of traffic to the BitKingdom website also originates out of Malaysia. Vietnam is the second-largest source of traffic at 20%.

Update 10th September 2016 – Arsyan Ismail has been in contact to advise he is not running BitKingdom.

As per an email sent on September 9th;

I am not the man behind this scheme, im just a contractor who help design the website. Im hosting the youtube on my account because the client dont have an account. I will create an account for them soon to host the youtube videos.

I work in Kuala Lumpur as a web developer on a startup company and we design the website for them as a client.

When asked who his client was, Ismail replied:

I have non-disclosure agreement with the client. I can only confirm or deny who is my client.

/end update

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

Tecademics operate in the online marketing MLM niche. On the Tecademics website only a UPS Store address in the US state of Arizona is provided.

Heading up Tecademics is Founder and CEO, Chris Record.

Prior to launching Tecademics, Record (right) was an affiliate with Empower Network. Record is also quite active in non-MLM affiliate marketing.

In a video promoting Dark Post Profits, a non-MLM marketing opportunity, Record claims to have first gotten involved in MLM back in 1998.

Record describes his initial attempt at MLM as a his “first big failure”.

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

Last we checked in on the SEC’s case against Wings Network, parent company Tropikgadget was ordered to pay disgorgement of $25,213,990, prejudgment interest of $961,742, and a third-tier civil penalty of $725,000.

On August 31st a Massachusetts Federal Court entered final judgements against Wings Network management and two top affiliates. [Continue reading…]

iNovaLife launched in 2014 and are based out of Québec in Canada.

Listed as Founder and Director of Finance on the iNovaLife website is Martin Giroux (below right).

As per Giroux’s iNovaLife corporate bio;

iNovaLife is my first exposure to the amazing world of Network Marketing. I decided I could never abandon this course.

Instead of giving up what has been a remarkable opportunity to grow as a person, and as a businessman, I brought my company to a phenomenal level of maturity.

The reason I have stayed the course is because I have the conviction that iNovaLife is going to occupy such an important role in improving the lives of so many Canadian families.

There is no doubt in my mind, that this program will allow many families who need help to significantly reduce essential expenses while helping them to dramatically improve their quality of life.

According to an article in Le Journal De L’assurance, the current incarnation of iNovaLife came about after a bankruptcy filing in 2014.

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

An update published on the Zeek Rewards Receivership website last week has announced that Dawn Wright-Olivares and Daniel Olivares are to be sentenced on September 13th.

Both Wright-Olivares and her son plead guilty to fraud back in late 2013.

The pair are believed to have testified against Paul Burks and co-operated with regulators investigating the case, however the extent of their involvement in the case against Paul Burks has not been made public. Neither has Wright-Olivares and Olivares’ respective plea deals.

We might get some insight into both at the sentencing hearing, with cooperation from both expected to have an impact on sentencing. [Continue reading…]

A common theme in Charles Scoville’s lengthy Facebook rants about the SEC, is that Traffic Monsoon had enough money to pay off investors.

What most affiliates haven’t realized is that Scoville isn’t talking about the total $55 ROI offered, but rather the partial ROI amounts shown in their backoffices.

Payment of this amount would leave the majority of Traffic Monsoon affiliates with a loss (with respect to how much they initially invested).

What makes Scoville’s claims even more questionable now, is the revelation that neither he nor Traffic Monsoon maintained any financial records with respect to the business. [Continue reading…]