With the countdown to Daniel Filho’s November 7th trial now underway, Filho has now requested the court evaluate his competency.

In a motion filed on July 18th, Filho announced his  intention to ask for a competency evaluation hearing.

Given Filho’s case is in the pre-trial stage, a competency evaluation would seek to establish “competence to proceed”.
[Continue reading…]

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

The NWC Living website domain (“nwcliving.com”) was registered on June 22nd 2016. Amos Brazan is listed as owner of the domain, with an address in the US state of Tennessee also provided.

Brazan (right) first appeared on BehindMLM as the owner of The Rush Opportunity, a feeder for the All In One Profits cash gifting scheme.

A visit to The Rush Opportunity website today reveals the account has been suspended by the hosting provider.

Prior to launching The Rush Opportunity, Brazan was an affiliate with World Team Builder.

World Team Builder was a downline builder for anonymous admins to feed affiliates into shady MLM underbelly schemes.

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

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

An address in Bangkok, Thailand is provided on the YoCoin website. Further research however reveals this address actually belongs to Regus, who sell virtual office space.

As such is appears YoCoin exists in Thailand in name only.

The YoCoin website domain (“yocoin.org”) was registered on the December 3rd 2015, however the domain registration is set to private.

At the time of publication, Alexa estimate that 30% of traffic to the YoCoin website originates out of India.

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…]

In bitcoin and other legitimate cryptocurrencies, when you exchange funds for the coin – you own the coins and nobody can take them away from you.

In OneCoin, “coins” are just numbers in the OneCoin backoffice. Slowly but surely, more and more OneCoin affiliates are realizing that OneCoin’s backoffice points can be seized by the company at any time. [Continue reading…]

Amid ongoing reports of affiliates not getting paid, a regulatory investigation in Turkey and warning issued by Slovakian authorities, Lithuania’s State Consumer Rights Protection Authority has now also issued a warning against Kairos Technologies.

Referring to the scheme as a possible “new financial pyramid” operating in the country, the State Consumer Rights Protection Authority (VVTAT) are now investigating Kairos Technologies. [Continue reading…]

Paul Burks trial has concluded, with a jury finding him guilty on all four indictment counts.

He faces up to 65 years in prison and a $1 million fine. U.S. District Judge Max Cogburn will sentence him at a later date.

After all those delays, all those nonsensical filings and all the weak arguments about Zeek Rewards not being a Ponzi scheme… turns out of course it is. And Paul Burks is wholly responsible. [Continue reading…]

There is no information on the Lara With Me website indicating who owns or runs the business.

The Lara With Me website domain (“larawith.me”) was registered on the 2nd of June 2016, however the domain registration is set to private.

A promotional video on the Lara With Me website is in the Russian language, strongly suggesting the Lara With Me admin is based out of Russia.

This is supported by Alexa estimating that 53.9% of traffic to the Lara With Me website originates out of Russia. Russia’s neighbor, Ukraine, is the second-largest source of traffic at 10%.

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…]

Swiss Gold Global operate in the precious metals MLM niche and are based out of Zurich, Switzerland.

The company also provides a “precious metal management” address in Dubai on their website.

Heading up Swiss Gold Global is Founder and CEO, Bill Rowell.

Bill Rowell is an Australian entrepreneur with a history of business success and a passion to expand the lives of others.

In 2008 he founded Joseph Wealth Systems a Swiss Company with the objective of putting Gold the money of Kings into the hands of Ordinary People.

Today the Company is called Royal Golden Enterprise GmbH and New Golden Life DMCC trading as Swiss Gold Global and continuing to provide global Wealth Solutions for all people.

Rowell (right) was on Joseph Wealth Systems’ Board of Directors, along with Philip Judge (President), Simon Heapes and Mike Turton (CEO).

A 2009 article from MLM The Whole Truth quotes Phillip Judge, claiming:

JWS’s [sic] is not concerned with waging, fighting and winning a monetary, legal or moral crusade with the US or any other government, but rather it maintains the clear mandate to put superior, non-confiscateable, gold ownership back into the hands of ordinary people.

Whether this was a reflection of compliance issues between government regulators and Joseph Wealth Systems or not is unclear.

In any event, Joseph Wealth Systems went on to become Younique Wealth in 2009. Rowell served as the company’s European Operations Mangaer.

Rowell seems to have gone off and done his own thing with Swiss Gold Global at some point.

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

Following a court order issued a few weeks ago, Tom Alkazin has filed his response to the FTC’s preliminary injunction request.

Alkazin was originally excluded from the preliminary injunction granted against Vemma. Last October the FTC sought clarification on the matter, which resulted in Alkazin being added to the injunction on June 30th. [Continue reading…]

Citing James Merrill’s ongoing compliance with curfew and monitoring conditions ordered back in 2014, a probation officer has requested Merrill’s monitoring be dropped. [Continue reading…]