Over the last 24 hours reports have emerged that suggest OneCoin may have lost their Deutsche Bank account late last week.

OneCoin affiliates have confirmed that Deutsche Bank has been removed as a deposit option from the OneCoin backoffice: [Continue reading…]

Pool Investors claims to be a ‘cash machine for use by Entrepreneur Unified members‘.

Entrepreneur Unified is a Ponzi scheme launched about a month ago by Shebin John.

In a comment left on BehindMLM’s Entrepreneur Unified review, John (right) claimed ‘before the end of this month, we will be launching our first project “Cycler”‘.

That cycler appears to be Pool Investors.

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

There is no information on the Gold Trade Limited website indicating who owns or runs the business.

GOLDTRADE LIMITED is backed by a professional and reliable management team that has years of combined experience in trading over a wide range of markets, focusing on gold and precious metals.

The Gold Trade Limited website domain was registered on the 16th of January 2016, however the domain registration is set to private.

A UK Companies House registration certificate for Gold Trade Limited is provided on the company’s website.

The registration record cites Sandor Marcel Rozsa as the sole Director of the company, with a service address in Hungary.

Possibly due to language barriers, I was unable to find any further information related to MLM on Rosza.

Of note is Rosza’s date of birth on the Gold Trade Limited website is cited as September, 1991.

A registration record for Rose Trading House uses the same Hungarian address provided in the Gold Trade Limited registration.

Sandor Rosza is listed as the sole Director of the company, however his birthdate is cited as November 1964.

There’s a possibility that Sandor Marcel Rozsa, as represented by Gold Trade Limited, doesn’t actually exist.

Supporting this is Sándor Rózsa perhaps not so coincidentally also being the name of ‘a legendary Hungarian outlaw‘.

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…]

Emza Gold operate in the health and nutrition MLM niche and are based out of Florida in the US.

Of note is that the corporate address provided on the Emza Gold website is actually that of a UPS Store in Bayonet Point, Florida.

Heading up the Emza Gold is Founder and CEO, Steve Carmack.

Prior to founding Emza Gold, Carmack (right) was an affiliate with GBG.

GBG (Guided By God) is a recruitment-driven MLM opportunity attached to health and wellness products.

Carmack achieved the Presidential Platinum rank in GBG before leaving to launch Emza Gold in early 2013.

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

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

The Cash Rite website domain is hosted on Beep, a company that provides free website hosting.

Two Gmail addresses features on the Cash Rite website as follows:

If you want to use Payza …. just log in to your Payza back office and send a $4 payment to our Payza email address, which istwork21@gmail.com

Any questions? …. just email us at moneybiz500@gmail.com

The first email address belongs to Jose Delgado (right). Delgado launched the Real Cash Now Ponzi scheme on Beep a few weeks ago.

A post on the RealScam forum dated July 2012 cites Bonita Mae Rystrom as owner of the second “moneybiz500” address.

According to the post, Raestrom has a long history of participation in the MLM underbelly, with a particular focus on cash gifting.

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

The Zeek Rewards Receiver was appointed back in August of 2012.

Saddled with recovering funds for distribution to victims of the $900 million Ponzi scheme, other than a few disappointing settlements the Receivership has overall been a success.

The Receiver has marshaled total assets of approximately $361.4 million during the period between August 17, 2012 and June 30, 2016, while disbursing approximately $269.1 million during the same period.

In the latest Status Report for the second quarter of 2016, the Receiver advises that he’s almost ready to wind up the Receivership and call it a day. [Continue reading…]

There is no information on the D9 Clube website indicating who owns or runs the business.

The D9 Clube website domain (“d9clube.com”) was registered on the 6th of January 2016. Danilo Vunjão Santana Gouvêia is listed as the owner, with an address in Bahia, Brazil also provided.

On his Facebook profile, Gouvêia identifies himself as D9 Clube’s CEO and Founder.

Prior to launching D9 Clube Gouvêia was promoting the OneThor Ponzi scheme.

Read on for a full review of the D9 Clube MLM opportunity. [Continue reading…]

Now that Paul Burks has been found guilty on all counts, you’d expect those who profited the most in Zeek Rewards to give up on the notion that they’re entitled to keep funds they stole.

Not so. Literally a week after the Burks verdict was handed down, Zeek Rewards net-winners continued to fight the Receiver in court. [Continue reading…]

There is no information on the Entrepreneur Future Shares website indicating who owns or runs the business.

The Entrepreneur Future Shares website domain (“entrepreneurfutureshares.com”) was registered on the 11th of May 2016, however the domain registration is set to private.

Further research reveals Entrepreneur Future Shares affiliates naming Tom Kent as owner of the company.

Tom Kent (full name Thomas Charles Kent) appears to be based out of Tasmania, Australia.

Earlier this year Tom Kent launched Flipping Money (also known as “Flip The Seed” and “Tom’s Flipping Service”), a bank wire HYIP that promised investors a 1000% ROI in 5 to 8 weeks.

Flipping Money collapsed shortly after launch. There are a number of videos on YouTube featuring Flipping Money affiliates claiming to have lost money.

Marketing for the Zukul Ad Network and My Paying Ads Ponzi schemes also appear on Kent’s YouTube channel.

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

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

The ZarFund website domain (“zarfund.com”) was registered on the 27th of July 2016, however the domain registration is set to private.

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…]