According to Dennis Windsor, back in 2009 Jeff Olson began discussing with him plans to launch two network marketing companies.

Windsor (right) claims to have been involved in MLM for over 36 years,

spending over 17 years in the field as a top distributor building large global sales organizations and over 19 years in Founder / Co-founder, Senior Executive and Senior Consultant roles helping to design, develop, launch, and manage Network Marketing Companies.

Of his 36 years in network marketing, 25 years were spent working with Jeff Olson across more than seven MLM companies.

Ongoing discussions between Windsor and Olson eventually resulted in Windsor leaving his Senior Vice-President position with VideoPlus.

From what I’ve been able to gather, Video Plus was a marketing production company that worked with MLM companies.

The first company Windsor and Olson launched as PTN Networking Marketing.

They worked on PTN for about a year, after which it was dropped in favor of developing a new company.

That company was Nerium, which launched in 2011.

Fast forward five years and Windsor’s employment with Nerium has been terminated. He’s now suing the company for copyright infringement and at least $22 million dollars. [Continue reading…]

The SEC has filed an opposition to Faith Sloan’s request for $30,800.

In their April 4th filing, the SEC claim

Sloan filed a virtually identical motion on June 10, 2014.

The Court denied that motion on June 25, 2014. The Court should deny Sloan’s recycled motion as well.

The motion in question saw Sloan request $15,800 because she was ‘unable to pay for her food, her rent and her normal living expenses and will not be able to retain her attorney‘.

The motion was denied on the basis that the court had ordered ‘no “carve outs” (of money) would be issued to defendants who did not comply with orders to declare their assets to the SEC‘.

That was just shy of two years ago and despite Sloan since “considering” declaring her assets, nothing much has changed. [Continue reading…]

Following a series of raids, earlier this year Spanish authorities arrested several GetEasy ringleaders.

Now, working with their counter-parts in Portugal, another GetEasy ringleader has been apprehended in Madeira.

For those unfamiliar with the company, GetEasy was a Ponzi scheme that collapsed in early 2015. Specifically targeting Europe and South America, GetEasy conducted investment fraud under the guise of renting GPS trackers to non-existent retail customers.

Seemingly unable to stop scamming people after GetEasy collapsed, Portuguese ringleader Hernani Goncalves went on to launch Empire MLM. [Continue reading…]

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

The MyTrafficAdsPay website domain (“mytrafficadspay.com”) was registered on the 30th of January 2016, with “my traffic ads pay” listed as the owner. An incomplete address in Galle, Sri Lanka is also provided.

The official MyTrafficAdsPay Facebook group lists five admins; Sameera Ranathunga, Prabodha Chamith, Isuru Gihan, Nicholas Wolff and Charitha Athukorala.

Of the five, Prabodha Chamith and Charitha Athukorala identify themselves as members of MyTrafficAdsPay’s “admin team”. It is assumed one or more of the other three admins make up the rest of the team.

Chamith and Athukorala (right) appear to be no stranger to ad-credit Ponzi schemes, with promotional material for a number of them appearing in their Facebook feeds.

In 2015 alone Chamith and Athukorala promoted MyPayingAds, Traffic Monsoon, Concord Limited, IntellaShares, AdzBrooks and QuickRevShare.

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

As far as we know, John Wuo is still under investigation for Political Reform Act violations.

Wuo was a key figure in the USFIA Ponzi scheme, which primarily targeted Chinese investors under the guise of GemCoin cryptocurrency investment.

A serving politician in California at the time, the subsequent scandal ultimately saw Wuo resign from the Arcadia City Council.

Wuo has since laid low and to date has not been named in proceedings against USFIA founder Steve Chen.

He has however recently turned up in a flyer for China Week 2016. [Continue reading…]

One of the tell-tale signs that a share-based MLM opportunity operating in the US is a Ponzi scheme, is failure to register with the SEC.

All it takes is the filing of a few documents and annual reports, and the regulator has all the information to ascertain whether or not an otherwise questionable opportunity is legitimate.

The alternative is a regulatory investigation, which typically results in a civil case being filed and the Ponzi scheme in question shut down.

Possibly looking to preempt such an investigation, BitClub Network have announced they are abandoning US operations. [Continue reading…]

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

The EZAdsNet website domain (“ezadsnet.com”) was registered on the 24th of March 2016, however the domain registration is set to private.

The EZAdsNet website is hosted on a private server. Also hosted on the server are the websites of Only20Bucks and NopaVida MLM opportunities, both owned by John Dierksmeier Quesada.

Thus is follows that EZAdsNet is likely also being run by Quesada.

Quesada first popped up on BehindMLM’s radar last year as the owner of 2×2 Wealth, a matrix cycler.

Other MLM opportunities Quesada has launched include Only7Bucks, Cafe Nopal, Eco Plus Network and My Secret Fortune.

My Secret Fortune was the most recent cycler, launched in November, 2015. Alexa traffic estimates to the My Secret Fortune suggest the scheme has already collapsed.

Said collapse has likely prompted the launch of EZAdsNet.

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

If you’ve ever wondered what Lyoness would be like without constant expansion into new territories, look no further than the collapse of Aspire Worldwide.

Amid mounting investor losses and talk of legal action, Go Aspire has gone into insolvency and owner Andy Hansen is nowhere to be found. [Continue reading…]

We last checked in with Perfect Internet back in 2014. The company announced it was going to offer virtual shares and an IPO in late 2015.

We Share Success, the virtual share platform, appears to have flopped. The planned IPO didn’t take place either.

With 2015 come and gone, Perfect Internet have kicked off 2016 with the launch of Cash Back Marketing.

“Cashback Marketing” or “CBM” or “Services” is a product of product of Perfect Internet Inc. with a registered office at 7251 W Lake Mead Blvd, Las Vegas, NV 89128 and with an administration/postal office at 3140N Rainbow Blvd, Las Vegas, NV 89108.

We Share Success Inc. manages Cashback Marketing.

Read on for a full review of the Cash Back Marketing MLM business opportunity. [Continue reading…]

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

The Bid Destiny website domain (“biddestiny.com”) was registered on the 1st of March 2015, with Rajesh Ramgoni listed as the owner. An address in Andhra Pradesh, India is also provided.

Whether Rajesh Ramgoni is an actual person is unclear. There are only six Google search results for the name, all of which are tied to the Bid Destiny domain registration.

The email address used to register the Bid Destiny domain shows up as a contact for “Dail (sic) Destiny India Pvt Ltd”

The contact person “Umamahesh” is likely the owner of the “dialdestiny.com” domain, “R Umamaheshwara Rao”.

Again there isn’t much information available on Rao (MLM or otherwise), but this might be due to language barriers. In any event, as owner of the Bid Destiny domain registration email address, it’s a good bet Rao is behind the company.

Why this information isn’t provided on the Bid Destiny website is unclear.

Read on for a full review of the Bid Destiny MLM business opportunity. [Continue reading…]