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

The BTC Investments website domain (“btcinvestments.co.za”) was registered to “BTC Investments” on December 2nd, 2016.

The South African address used to register the BTC Investments domain, “67 Wessels Str, Johannesburg, Western Cape, 2128”, ZA, has previously been linked to 419 advance fee scams and fake online retailers.

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…]

Pet Protector is owned by the GoldStar company. A corporate address in the UK is provided on the Pet Protector website.

The Goldstar Company was founded in 2011. It is the only official owner to the manufacturing and distribution rights of the original anti-parasite disc – Pet Protector. The company’s founder is Steven Williams JR.

Other than what’s provided on the Pet Protector website, details of the company’s corporate structure are scarce.

I wasn’t able to find any third-party information on Steven Williams (right) outside of Pet Protector’s own material. This suggests that through Goldstar, Pet Protector is William’s first MLM venture.

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

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

The Glow Funds website domain (“glowfunds.com”) was privately registered on November 6th, 2016.

Marketing videos on the Glow Funds website feature an individual with a European accent who identifies himself only as “Alex”.

Whether Alex is running Glow Funds or is a paid actor (the videos have a very “Fivver” feel about them) is unclear.

Alexa meanwhile currently estimate that 66% of traffic to the Glow Funds website originates out of Pakistan.

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 Donate Pays website domain (“donatepays.com”) was privately registered on the 26th of September, 2016.

The company claims to be based out Canada and run by “Dan, Carol, Randy and Kenny”, who have a ‘total online biz experience of over 40 years.‘

No specific information is provided on any of these individuals.

The Donate Pays website advises the company is a division of Goldfix11 LLC, a company purportedly registered in Canada.

I myself was unable to find a corporate record for Goldfix11 LLC or the provided Canadian company number.

At the time of publication Alexa estimate that the top sources of traffic to the Donate Pays website are Nigeria (15%) and India (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…]

Despite having summary judgement granted against him, Steve Chen is still fighting the SEC in court.

The SEC allege Steve Chen’s USFIA was ‘a massive pyramid scheme that defrauded myriad investors‘. Following Judge Klausner’s summary judgement ruling, this is no longer a point of contention.

Rather Chen is challenging the SEC how much monetary relief he should pay. [Continue reading…]

Richmond Berks claim to be an

international company that traces its history back to 2008.

Two young businessmen John Richmond and Klint Berks met at an auction, fighting over one and the same lot.

One year later together with two other brokers they founded a company that specialized in purchase of real estate at auctions and its further resale at the secondary market.

In 2016 due to the conflict of interests, Richmond and Berks sold their company shares and founded a new corporation – Richmond Berks.

This aligns with the September 29th, 2016 registration of the Richmond Berks company website domain.

That’s about all that aligns however, with there being no information on either John Richmond or Klint Berks predating the launch of Richmond Berks a few months ago.

No detailed biographies for either men are provided on the Richmond Berks website. The website domain itself was registered anonymously.

This is highly suspicious and raises the question of whether these individuals actually even 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…]

7K Metals launched earlier this year and are based out of Idaho in the US.

Zach Davis, Josh Anderson and Richard Hansen are cited as co-founders, with Sam Cook serving as 7K Metals’ CEO.

Richard Hansen’s and Sam Cook’s 7K Metals corporate bios identify respective precious metals collecting and mining management backgrounds.

The MLM side of the business appears to be driven by Zach Davis and Josh Anderson (left and right respectively).

Zach Davis first learned the power of referral marketing as a college student.

From his first experience in the industry to his most recent he has helped thousands of people realize their ability to make a more significant contribution to the world.

Josh Anderson got his first taste of network marketing at the age of 21. He was able to build a large team that focused on other people’s success. That team reached over 18,000 people in its first year.

In 2008 Josh, influenced a new MLM company that in 120 days grow to 9,000 people, at which time Josh become the CEO of the company and lead the company to over 26,000 distributors.

Davis and Anderson together run Black Ink International, an MLM training company they founded in 2011.

On his LinkedIn profile, Anderson cites himself as the CEO of JD Premium from 2009 to 2011.

JD Premium marketed a range of nutrition and personal care products. The company was shut down by owner Roger Ball in 2015.

Zach Davis served as JD Premium’s Chief Marketing Officer from 2009 to 2011.

In addition to running Black Ink International with Anderson, in 2012 Davis was also a Paycation affiliate.

BehindMLM reviewed Paycation in 2014 and found it to be a travel niche recruitment opportunity.

Read on for a full review of the 7K Metals MLM opportunity. [Continue reading…]

Following a hearing held on December 21st, the TelexFree victim claim deadline has been extended until March 15th, 2017. [Continue reading…]

Austria’s White Collar Crimes and Corruption” Public Prosecutor’s Office (WKSTA) has a long history with Lyoness.

WKSTA has been trying to hold Lyoness and founder Hubert Freidl criminally accountable for years.

Unfortunately for the regulator, legal decisions have thus far gone against them.

Rather than resign themselves to a new era of legalized Ponzi fraud in Austria however, WKSTA continues to try to stop the Lyoness Ponzi scheme.

The latest move by the regulator is a new criminal lawsuit filed yesterday. [Continue reading…]

Marketing material for Ad Pack Pro suggests the company launched in mid 2015. The Ad Pack Pro website domain however (“adpackpro-international.com”), was only registered earlier this year in March.

A corporate address in Switzerland is provided on the Ad Pack Pro website. Further research reveals a number of businesses using the same address, suggesting it is rented virtual office space.

Peter Müller (right) is cited as CEO of Ad Pack Pro, which itself is owned by parent company OneVision Holding.

Many creative and intelligend [sic] people with a common vision – that is the OneVision Holding AG.

The basic idea of the founders to combine the Know-How of several experts from different sectors, as well as their networks, to create a [sic] innovative Online Company, arose in May, 2015.

Possibly due to language-barriers, I was unable to put together an MLM history on Peter Müller.

Infact outside of Ad Pack Pro, there doesn’t appear to be any information on Peter Müller online. This could again be due to language-barriers but I’m flagging it as suspicious nonetheless.

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