World Net Leads Review: 3×7 matrix bitcoin gifting with email spam
There is no information on the World Net Leads website indicating who owns or runs the business.
The World Net Leads website domain (“worldnetleads.com”) was registered on December 13th, 2016. Mariano Bartoletti is listed as the owner, with an address in Sardinia, Italy also provided.
This is in line with Alexa’s estimate of Italy currently being the largest source of traffic to the World Net Leads website (61%). Italian is also an offered language on the World Net Leads website.
Possibly due to language-barriers, I was unable to find any further information on Mariano Bartoletti.
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…]
South East European Women Entrepreneurs drop Ignatova
In an attempt to score a PR gig for OneCoin, Ruja Ignatova took out corporate sponsorship for the Congress of South East European Women Entrepreneurs’ upcoming March 8th event.
The Congress will be held on … 8th of March 2017 in Zagreb and we expect more than 500 woman entrepreneurs from Slovenia, Bosnia and Herzegovina, Montenegro, Macedonia, Serbia and Croatia.
Our goal is to make better access and existence of woman´s enterprises on the market of their country but also in the region.
The Congress’ annual event is held with assistance with the Croatian capital city of Zagreb, ‘under the auspices of the President of the Republic of Croatia Ms. Grabar Kitarovic‘.
How much of stolen investor funds Ignatova spent on OneCoin’s sponsorship of the event is unclear.
At the time of publication OneCoin’s logo is featured prominently on the Congress’ website:
As part of OneCoin’s sponsorship, Ignatova was also scheduled to speak at the event. Following an investigation by the organizer of the Congress event, it now appears Ignatova has been dropped as a speaker. [Continue reading…]
The Ads Team Academy Review: Adcredit Ponzi goes pyramid
The Ads Team Academy is an MLM opportunity launched under The Ads Team brand.
The Ads Team is an adcredit Ponzi scheme launched late last year by former OneCoin scammers.
The Ads Team Academy appears to be a new attempt to sustain investment into the scheme.
Read on for a full review of The Ads Team Academy MLM opportunity. [Continue reading…]
2×9 BitMax Review: Matrix-based bitcoin cash gifting
There is no information on the 2×9 BitMax website indicating who owns or runs the business.
The 2×9 BitMax website domain (“2x9bitmax.com”) was privately registered on January 10th, 2017.
The official 2×9 BitMax Facebook group lists five admins; Kamran Baig, Atolagbe Dorlee, Steve John, Martin Germer and Faye Brown.
The generic-sounding Steve John is the listed referral if one visits the 2×9 BitMax website without an affiliate referral link. This suggests he is running the show.
Unfortunately Steve John doesn’t appear to exist. The Steve John Facebook profile was created in December, 2016 and hosts no content.
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…]
Star Crypto Mine Review: Perenco backs 1.5% daily ROI Ponzi?
There is no information on the Star Crypto Mine website indicating who owns or runs the business.
The company does however claim to be a
sister concern [sic] company of Perenco. Perenco, a Leading Independent Exploration and Production Company for Oil and Gus [sic].
Perenco is a legitimate oil and gas exploration company founded in 1975. Other than Star Crypto Mine copying the Perenco website (both in design and content), there is no verifiable information suggesting Perenco and Star Crypto Mine are related in any way.
The Star Crypto Mine website domain (“starcryptomine.com”) was privately registered on October 21st, 2016.
At the time of publication Alexa estimate that India is the largest source of traffic for the Star Crypto Mine website. This suggests that whoever is running Star Crypto Mine is likely also based out of India itself.
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…]
IGOFX Review: 10-30% monthly forex Ponzi ROIs
There is no information on the IGOFX website indicating who owns or runs the business.
The IGOFX website domain (“igofx.com”) was first registered on August 13th, 2012.
The domain registration were last updated on February 16th, 2017. The IGOFX domain registration is set to private, providing no information on who owns it.
Under the company name “IGO Global Limited”, IGOFX have registered themselves as a “dealer in securities” in Vanuatu.
That IGOFX have used a shell company to register with the Vanuatu Financial Services Commission is highly suspicious.
Alexa currently estimate that Malaysia is the largest source of traffic to the IGOFX domain (55%). China is the second largest source of traffic coming in at 19%.
It is highly likely that whoever is running IGOFX is based out of Malaysia.
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…]
iPro Network Review: Pro coin cryptocurrency with cashback
The iPro Network website provides no information about where the company is based out of. It does however name Armando Contreras as iPro Network’s CEO.
Curiously, the iPro Network website claims Contreras (right) has owned ‘multinational businesses in various industries Travel, Insurance, IT, and Live Event Conference‘. He also purportedly ‘over 15 years experience in direct sales industry‘.
Yet I couldn’t find anything about Contreras non-MLM or MLM businesses. That’s pretty strange for “over 15 years” of network marketing experience.
I’m not saying Contreras’ corporate bio is completely made up, but the lack of verifiable third-party information (or even a professional footprint) is highly suspicious.
Read on for a full review of the iPro Network MLM opportunity. [Continue reading…]
3 million Nigerians lose $57 million in MMM Nigeria collapse
The Nigerian Deposit Insurance Corporation has revealed that an estimated three million Nigerians lost over $57 million USD in the MMM Nigeria collapse.
Speaking at an International Trade Fair on Thursday, Hadi Suleiman, NDIC’s Deputy Director of Corporate Affairs [Continue reading…]
2by3 Matrix Club Review: 2×3 matrix bitcoin gifting
There is no information on the 2by3 Matrix Club website indicating who owns or runs the business.
The 2by3 Matrix Club website domain (“2by3matrix.club”) was privately registered on February 17th, 2017.
A 2×2 Matrix Club that appears to have used the same backend was launched earlier this month. 2by3 Matrix Club appears to be run by the same admin(s).
Alexa statistics for the 2by2 Matrix Club website suggest the launch was a flop. This likely promoted the launch of 2by3 Matrix Club.
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…]
Infinity BTC Review: 2×5 matrix-based bitcoin gifting
There is no information on the Infinity BTC website indicating who owns or runs the business.
The Infinity BTC website domain (“infinitybtc.com”) was registered on January 6th, 2017. Jairo Enrique Cruz Feria of “Webzone Colombia” is listed as the owner, with an address in Satandar, Colombia also provided.
Webzone Colombia appears to be Colombian web design company. The Infinity BTC website uses Webzone Colombia’s name-servers, however whether Feria owns Infinity BTC or is just working for whoever does is unclear.
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…]