Sachin Mohite was an MLM affiliate based out of Mumbai, India.

After recruiting three locals into his MLM venture, who together invested Rs 3.9 million ($58,256 USD), Mohite went missing.

His body was eventually recovered from the Surya river in neighboring Palghar. [Continue reading…]

Late last year the clawback trial for Canadian net-winners of the Zeek Rewards Ponzi scheme was rescheduled for February 13th.

Last month the trial was rescheduled again for May 15th. Simultaneously, the Zeek Receiver has also filed a Motion for Summary Judgement. [Continue reading…]

Following a lengthy sentencing hearing today, Paul Burks has been sentenced to fourteen years and eight months in prison.

The sentence will likely see Burks spend the rest of his natural life behind bars, as acknowledged by Judge Cogburn during the hearing. [Continue reading…]

There is no information on the One Link Matrix website indicating who owns or runs the business.

The One Link Matrix website domain (“onelinkmatrix.com”) was privately registered on January 28th, 2017.

The “One Link Teams” page of the One Link Matrix website provided what is purportedly a Facebook profile link for the One Link Matrix admin.

The profile is named “Alex Kennedy” and appears to be bogus (likely purchased). There is no content on the profile other than random images copy and pasted from Pinterest and other sources.

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 Matrix2Cycler website indicating who owns or runs the business.

The Matrix2Cycler website domain (“matrix2cycler.com”) was privately registered on November 16th, 2016.

The official Matrix2Cycler Facebook group lists four admins;  Jaksa Cosic, Blaženka Baggy Franjić, Lejla Balagic Pavlovic and Sanel Klapuh.

Lejla Pavlovic and Sanel Klapuh appear to own or co-own Matrix2Cycler. Both list themselves as owners and admins of Traffic Circle Share, a recently launched HYIP adcredit Ponzi scheme.

Traffic Circle Share promise affiliates a 120% ROI and launched in mid 2016.

Alexa traffic estimates for the Traffic Circle Share website show it flatlined in November and began to decline last month.

Matrix2Cycler was launched late last year, likely in response to Traffic Circle Share heading for collapse.

Read on for a full review of the Matrix2Cycler MLM opportunity. [Continue reading…]

There is no information on the Double Cash website indicating who owns or runs the company.

The Double Cash website domain (“doublecash.info”) was privately registered on December 25th, 2016.

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…]

The Global Dynamic website identifies Lucas Cobham as CEO of the company.

No information on Cobham is provided, casting doubt on whether he exists.

A virtual office address in Singapore is also provided, further casting doubt on who is actually running the company.

The Global Dynamic website domain (“gd-line.com”) was privately registered on May 3rd, 2016.

The spelling of certain words on the Global Dynamic website (eg. “ReQualifikation”), suggest it was put together by someone of European descent.

Alexa currently estimate that Austria (43%), Germany (39.2%) and Switzerland (7.4%) account for ~90% of traffic to the Global Dynamic website.

Whoever is actually running Global Dynamic is probably based out of either Germany or Austria.

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…]

When a Ponzi scheme finds itself unable to meet its ROI obligations, a less popular option going forward is to just simply wipe the slate clean.

A minority of early investors keep what they stole, everybody else loses money.

In an attempt to generate new investment into the scheme, MMM Nigeria has wiped the 2016 ROI balance of its affiliates. [Continue reading…]

I last reviewed Skinny Body Care late last year. One of the key-concerns identified was ‘the pushing of products onto affiliates as a commission qualifier.‘

After signing up, a Skinny Body Care affiliate are strongly encouraged to purchase products to qualify for commissions.

While there is nothing inherently problematic about affiliates purchasing products, to do so to qualify for commissions encourages chain-recruitment.

That is you sign up as a new Skinny Body Care affiliate, purchase products to qualify for commissions and get paid when you recruit new affiliates who do the same.

In this scenario the products become irrelevant and the income opportunity itself becomes what is actually being marketed and sold.

One Skinny Body Care affiliate even went so far as to claim most affiliates are on autoship to “protect their income“.

In light of the recent Vemma and Herbalife busts, which identified affiliate purchases as a primary source of revenue indicative of pyramid fraud, one would think MLM companies across the board would be doing everything they can to encourage retail sales.

Not Skinny Body Care. They’ve doubled down on their affiliate autoship recruitment model and introduced a “Legacy Matrix”. [Continue reading…]

There is no information on the 2by2 Matrix Club website indicating who owns or runs the business.

The 2by2 Matrix Club website domain (“2by2matrix.club”) was privately registered on January 30th, 2017.

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…]