It’s looking like OneCoin’s banking roulette may be coming to an end, with news today they’ve lost their Singapore United Overseas Bank account. [Continue reading…]

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

The VertigoBTC website domain (“vertigobtc.com”) was registered on the 2nd of November 2016, however the domain registration is set to private.

Alexa currently estimate that India is the largest source of traffic to the VertigoBTC website, suggesting this is likely where it is being operated from.

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 Wealth Center is run by a group of individuals who collectively refer to themselves as “The Dream Chasers”.

Listed members of The Dream Chasers include Amos Brazan (credited as Amos Taylor), Nyicey Rayshon, Rick Panther, Darius McPhail, Darren Cooper, Shay Hargett, Anthony Newson, Marcus Fryer and Kenneth Haywood.

Amos Brazan (right) credits himself as Founder and CEO of The Dream Chasers.

Brazan first appeared on BehindMLM’s radar as the owner of The Rush Opportunity back in May.

Through chain-recruitment, The Rush Opportunity fed affiliates into Brazan’s All In One Profits cash gifting downline.

A few months later in July Brazan launched NWC Living.

Through a cash gifting feeder, NWC Living fed affiliates into Brazan’s National Wealth Center cash gifting downline.

At the time of publication The Rush Opportunity website was non-responsive. Alexa traffic estimates for the NWC Living website suggest the company collapsed in early October.

The collapse of both schemes has likely prompted Brazan to launch The Global Wealth Center.

Read on for a full review of The Global Wealth Center MLM opportunity. [Continue reading…]

There is no information on the Traffic Network Ads website indicating who owns or runs the business.

The Traffic Network Ads website domain (“trafficnetworkads.com”) was registered on the 1st of September 2016, however the domain registration is set to private.

The Traffic Network Ads website footer contains contact details for Redrock Media Solutions Limited, via an address in Hong Kong, China.

Further research reveals a number of businesses using the same address, suggesting it is a shared virtual mailing address.

An email address for Traffic Network Ads’ legal department is provided using the “redrocksolutions.net” domain.

This domain was only recently registered privately on October 31st. The domain itself is parked and hosts no content.

For all intents and purposes Traffic Network Ads exists in Hong Kong in name only. Redrock Solutions meanwhile appears to be misdirection.

Alexa currently estimate that Germany is the largest source of traffic to the Traffic Network Ads website (47.5%). The rest of the top five sources of traffic are all European countries (Italy, Austria, Switzerland and Spain).

This suggests that is running Traffic Network Ads is likely based out of Germany itself, if not elsewhere in Europe.

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…]

BeOnPush was a Ponzi scheme launched in 2015 by Ferki Demirovski.

Under the guise of having something to do with advertising, BeOnPush affiliates invested up to $10,000 on the promise of a 150% ROI.

After roughly a year of scamming, BeOnPush collapsed earlier this year in June.

Facing a massive 150% ROI liability on every $1 invested into BeOnPush, Demirovski (right) wiped existing ROIs owed through BeOnPush and converted investment positions into virtual shares.

Demirovski claimed affiliates would be able to recoup their losses in BeOnTel, a yet to be launched reboot scheme.

Today BehindMLM takes a look at and reviews the BeOnTel MLM opportunity. [Continue reading…]

Back in mid 2015 the Zeek Rewards Receiver sued Gary Bessoni and his companies Peak USA and Peak Impact.

Through Peak USA and Peak Impact, Bessoni flooded Zeek Rewards affiliates with bogus email leads. This was central to perpetuation of the Ponzi scheme, as Zeek affiliates required an ever-increasing amount of bogus accounts to dump generated bids onto.

The Receiver initially sued Bessoni for $3.3 million. In a court filing dated November 7th, the Receiver reveals the matter had been settled for $175,000. [Continue reading…]

My Advertising Pays initially launched in 2013. The business model was simple: My Advertising Pays affiliates invested $49.99 on the promise of an advertised $60 ROI.

By the end of 2015 My Advertising Pays began to show signs of collapse. The company kept itself afloat however by paying US affiliates a fraction of the $60 ROI it owed them.

In an attempt to evade the SEC, the company also announced it was leaving the US and setting up shop in the UK. [Continue reading…]

In line with the nature of Last Week Tonight, this is more of an entertainment piece as opposed to BehindMLM’s regular coverage.

In the latest episode of Last Week Tonight, an Emmy award-winning weekly news and current events show aired on HBO, host John Oliver discusses MLM.

Oliver begins the segment with the familiar MLM cliché; “I would like to talk to you about an exciting opportunity. I just need thirty minutes of your time”. [Continue reading…]

If you thought OneCoin’s quarter of a million Euro investment packages sounded dodgy enough on their own,  get a load of how OneCoin is marketed in Vietnam. [Continue reading…]

Four days ago we reported on OneCoin’s Singapore UOB bank account appearing to be frozen. To continue to process affiliate investments, OneCoin opened up an account with Hellenic Bank in Cyprus.

Less than a week later, it appears Hellenic Bank has terminated the account. [Continue reading…]