Earlier today BehindMLM reported on a criminal complaint filed in Belgium, related to the promotion of OneCoin.

The Public Prosecutor’s Office has charged former politician Laurent Louis with pyramid selling, fraud, money laundering and violation of common and banking laws.

As of yet the criminal complaint is in the early stages. La Libre however report that the judge who heard the case yesterday, prohibited the complainant from participating in ‘any activity related to virtual currency and network marketing‘. [Continue reading…]

Despite having no actual physical presence there, OneCoin up until recently claimed to be a Gibraltar corporation.

This was set up as OneCoin Limited, who Ruja Ignatova’s mother, Veska Ignatov, laundered money through via Pegaron Invest Limited, a Bulgarian company.

OneCoin’s virtual office address was formerly provided by AMS Company Management Limited.

On February 2nd, 2016, AMS Company Management Limited issued a statement declaring OneCoin “does not have authority” to use their mailing address. [Continue reading…]

Laurent Loius was a member of the Belgian Chamber of Representatives from 2010 to 2014.

In 2014 Louis received a suspended sentence ‘for slander relating to accusations of pedophilia he had made against public figures’.

In 2015 Louis was banned from running for office for six years.

Earlier this year Louis began promoting OneCoin, which eventually prompted a criminal investigation by Belgian authorities.

That investigation yesterday culminated in a criminal complaint filed against Louis. [Continue reading…]

There is no information on The Dollar Sharing website indicating who owns or runs the business.

The Dollar Sharing website domain (“dollarsharing.com”) was registered privately on the 10th of June, 2016.

The official The Dollar Sharing Facebook group was created by Krzysztof Tymoteusz (right) on September 14th.

A post on Tymoteusz’s personal profile on the 13th of November reads;

The second Big project from TDV coming. Who wants to join Early?

The “project” referred to is The Dollar Sharing. “TDV” refers to The Dollar Ventures, a cash gifting scheme launched late last month.

At the time of publication The Dollar Ventures website was non-responsive, suggesting the scheme has already collapsed.

Based on posts in the official Facebook group, Krzysztof Tymoteusz appears to be running The Dollar Sharing with Simon Hykins and Mia Melania.

Krzysztof  Tymoteusz and Mia Melania are based out of Poland. Simon Hykins is operating out of Texas in the US.

I am noting that the Mia Melania profile is likely fake. It uses a stolen profile photos and was only recently created on October 10th.

Simon Hykin’s Facebook profile also uses a stolen image of the musical artist Dawen.

Recently Krzysztof Tymoteusz was promoting Crypto Ads (adcredit Ponzi scheme), ZarFund (cash gifting), Viral Crypto (cash gifting), Matrix War (cash gifting), BitDonix (cash gifting), BitRising (cash gifting), LifeBTC (Ponzi scheme), TrafficNBitcoin (cash gifting) and FortAdPays (collapsed Ponzi scheme).

In a Facebook post dated November 10th, Tymoteusz credits The Dollar Ventures admin team with also running 3×2 Core, 2×2 Funds and 2×4 Club.

All three are bitcoin-based cash gifting schemes launched in the past month.

Simon Hykins and “Mia Melania” have similar promotional histories as Krzysztof Tymoteusz.

Read on for a full review of The Dollar Sharing MLM opportunity. [Continue reading…]

Sh8pe Club sometimes refer to themselves as “Shape Club”, “Shape Entertainment” and “Sh8pe Entertainment”. For the purpose of this review I’m referring to the company as “Sh8pe Club”.

Sh8pe Club identify Paul Michael Baber as CEO of the company. Beyond that no actual information about Baber is provided.

The Sh8pe Club website domain (“sh8pent.club”) was privately registered on the 14th of March, 2016.

In his Facebook profile, Baber (right) cites his location as Queensland, Australia. Sh8pe Club however claim to be ‘operating under a Government License issued by the country of Costa Rica‘.

Throwing a third location into the mix, Sh8pe Club also provide a “registered office” address in Gibraltar.

Both Gibraltar and Costa Rica, as far as the MLM industry goes, are shady locations for incorporation.

The Gibraltar address provided by Sh8pe Club actually belongs to Fidelity Corporate Services. With Baber based out of Australia, it appears Sh8pe Club exists in both Costa Rica and Gibraltar in name only.

As far as I can tell, Sh8pe Club is Baber’s first MLM venture as an executive.

Read on for a full review of the Sh8pe Club MLM opportunity. [Continue reading…]

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

The Bitcoinfinite website domain (“bitcoinfinite.com”) was registered privately on the 16th of November, 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…]

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

The Bitcoin Hive website domain (“bitcoinhive.net”) was registered privately on the 10th of November, 2016.

If you visit the Bitcoin Hive website without an affiliate referral code, the site informs you that have been “invited by Bitcoin Hive Admin”.

If you then click on the yellow “register” button at the top of the page, the site then informs you that ‘you were invited by Lorraine du Plessis‘.

This is the only name that comes up when “Bitcoin Hive Admin”is the referring affiliate.

I was unable to find anything further regarding this individual in relation to Bitcoin Hive.

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 My Adsino website specifically identifying the individual or individuals who own or run the company.

The My Adsino Terms and Conditions state that My Adsino is

a registered trademark in the European Union which is operated by Red Deck Entertainment Ltd (HE 266289), a company established on the 22nd of April 2010 in Cyprus.

MyADSino is regulated by the laws of Curacao (formerly Netherlands Antilles).

Red Deck Entertainment was indeed incorporated in Cyprus in 2010. Kliridis Charalampos is listed as the sole Director of the company.

No information on this person exists outside of the Red Deck Entertainment Cyprus incorporation.

Why My Adsino claim to be regulated by the laws of Curacao is also unclear.

Cyprus is not known for stringent regulation of MLM underbelly schemes and is a favorite of European-based scammers.

Curacao meanwhile has a reputation for being an offshore tax-haven with little to no regulation.

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…]

Zukul Gold was initially announced earlier this year but quickly vanished.

Earlier this month it appears to have resurfaced and is being touted as an entirely new opportunity.

Today we take a look at Zukul’s latest offering. Read on for a full review of the Zukul Gold MLM opportunity. [Continue reading…]

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

The AutoxAds website domain (“autoxads.com”) was privately registered on October 28th, 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…]