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

The Cash Now Invest website domain (“cashnowinvest.info”) was registered on the 20th of May 2016, however the domain registration is set to private.

The Cash Now Invest website is hosted on a private server. Further research reveals this same server is used to host Fast Money Matrix:

Fast Money Matrix was a six-tier matrix Ponzi cycler launched back in February of this year. Alexa traffic statistics for the Fast Money Matrix website suggest the scheme has collapsed.

Both Fast Money Matrix and Cash Now Invest are likely owned by the same person, with the collapse of the former prompting the launch of the latter.

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…]

Nexxus University was born out of the ashes of GCR Marketing.

Launched originally as Global Coin Reserve back in 2014, the initial business model was an out-and-out matrix-based pyramid scheme.

Global Currency Reserve was launched a year or so later. GCR as it became known as saw affiliates pay up to $2999.95 a month and get paid when they recruited others who did the same.

Bob Wood (right) came on board and got rid of the more excessive GCR affiliate membership options.

Tied into the GCR MLM opportunity (known as GCR Marketing by this point) was GCR Coin, a cryptocurrency that never went anywhere.

GCR affiliates were supposedly mining the coin through GCR, but when the time came to launch the coin in August it pretty much just collapsed.

By January 2016 the writing was on the wall, and Wood pulled the plug on GCR Marketing and abandoned GCR Coin.

Nexxus University was announced as a stand-alone MLM opportunity shortly thereafter.

It was later revealed that the GCR Coin had been hacked by the developer, with the FBI purportedly investigating the matter.

Wood also revealed the SEC had launched their own investigation, following a number of complaints filed with the regulator.

To date nothing has come of either the FBI or SEC’s investigation into GCR Marketing.

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

Back in April the TelexFree Trustee went on a clawback rampage and sued a ton of insiders and merchants.

Carlos Wanzeler, his family, Gerry Nehra and his law firm, Nehra and Waak were just four of the parties the Trustee is attempting to recover millions of dollars from.

Responses to the Trustee’s lawsuits are starting to emerge. In Wanzeler and Nehra’s respective lawsuits, they’ve denied all allegations and demanded a jury trial. [Continue reading…]

A few months ago the TelexFree Trustee filed a heap of lawsuits against insiders and merchants who worked with the $3 billion Ponzi scheme.

One of the merchants who accepted payment from TelexFree was Joele Frank Wilkinson Brimmer Katcher, a New York based PR firm. [Continue reading…]

Well, that didn’t take long.

Two days ago BehindMLM reported Germany’s Federal Financial Supervisory Authority (BaFin) was investigating OneCoin.

Today OneCoin informed their affiliates they have stopped accepting payments through the German bank, Commerzbank AG. [Continue reading…]

There is no information the Profit Mania website indicating who owns or runs the business.

The Profit Mania website domain (“profitmania.com”) was first registered on August 4th, 2005. The registration was last updated on the 19th of March, 2016, suggesting this is when the current owner(s) of the domain took possession of it.

Unfortunately the Profit Mania domain registration is set to private, providing no information on who owns the business.

The Profit Mania Terms and Conditions lists a “Registered Office Address” as follows:

Go Ads Media Ltd.

71-75 Shelton Street,

Covent Garden,

London, United Kingdom

Further research reveals the above address belongs to Garden Studios, a virtual office provider.

Go Ads Media Ltd. itself is a shell company incorporated on the 26th of February, 2016.

The UK Companies House record for the business lists one Director, Ana Maria Gomes Claro Ferreira.

According to the record Ferreira is based out of Portugal, which is likely where Profit Mania is being operated from.

Unfortunately Ferreira’s full name only appears online in conjunction with Go Ads Media Ltd’s incorporation, so I’m unable to provide any additional background information.

Given everything else about Profit Mania is thus far bogus, I also haven’t ruled out that Ferreira doesn’t exist.

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 Morez website indicating who owns or runs the business.

The Morez website domain (“morez.help”) was registered on the 4th of April 2016, however the domain registration is set to private.

Alexa currently estimate that India, South Africa and Pakistan are the primary sources of traffic to the Morez website, coming in at 32.5%, 15.9% and 9.4% respectively.

It’s probably a good bet that whoever is running Morez is based out of or at least from one of these three countries.

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 IMAP Revshare website indicating who owns or runs the business.

The IMAP Revshare website domain (“imaprevshare.com”) was registered on the 15th of April 2016, however the domain registration is set to private.

The IMAP Revshare website domain is hosted on a private server. This server also hosts the IMAP Networks website (“imapnetworks.com”).

The IMAP Networks website domain was registered on April 15th, the same day the IMAP Revshare domain was registered.

Jeremy Wa is listed as the owner of the IMAP Networks domain, with an address in London in the UK also provided.

Further research reveals the address used belongs to Made Simple Group LTD, who offer a mail forwarding service.

The email address used to register the IMAP Networks domain belongs to Jeremy Wisniewski, with “Jeremy Wa” presumed to be a pseudonym.

On his LinkedIn profile, Wisniewski (right) cites himself as the Director of IMAP Network LTD. His location is listed as Metz Area in France, which is presumably where IMAP Revshare is being operated from.

Other MLM opportunities Wisniewski has been involved in include GoBig7 (matrix recruitment), MeoClick (French recruitment scheme) and Zona Network ($25 to $3500 Ponzi scheme).

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

Game Loot Network is almost a year old. The company launched in mid 2015 and appears to have gone through several compensation plan revisions since.

Today we take a look at and review Game Loot Network’s latest compensation model, implemented just last month. [Continue reading…]

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

The Venus FX website domain (“venusfx.com”) was registered on the 6th of October 2015, however the domain registration is set to private.

On their website Venus FX website claim the company was

incorporated in New Zealand dated 11^th December 2015.

It was registered as NZ Limited Company with NZ Business Number: 9429042102731

This record does exist, with Shahidrawadey Shahidan listed as the owner. The address provided is a virtual office address provided for $232 NZD ($161 USD) a year plus $29 NZD ($20 USD) a month.

This confirms that Venus FX exists in New Zealand in name only. Rather, the company appears to be run out of Malaysia:

Due to encouraging, responsive and positive feedbacks, VENUSFX decides to have a centre in Kuala Lumpur hence VENUSFX Malaysia Training Centre was established in January 2016.

VenusFX state their Malaysian center is ‘a meeting point among clients, prospects and the management‘. The presence of Venus FX “management” is indicative of a corporate headquarters.

UK corporate records meanwhile suggest Shahidrawadey Shahidan is Malaysian and lives in 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…]