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…]

The PIF4All homepage identifies Don Harrison and Joe Freyaldenhoven as co-admins of the company.

The FAQ section of the PIF4All website lists “Raymond Joseph Freyaldenhoven” as sole owner and admin of the company.

An address in Arkansas is also provided and is presumably where Freyaldenhoven is running PIF4All from.

Other MLM opportunities Freyaldenhoven is currently promoting or has promoted in the past include InCruises (travel memberships), United Games Marketing (sports app), My Paying Ads (Ponzi scheme), KaratBars (pyramid scheme), Ads Clicks Profits (recruitment) and Strong Future International.

Read on for a full review of the PIF4All MLM opportunity. [Continue reading…]

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

The Easy Cycler website domain (“easycycler.com”) was registered on the 26th of October 2016, however the domain registration is set to private.

The official Facebook group link off the Easy Cycler website brings you to a group titled “GreenDayPay”.

GreenDayPay was launched back in August and offers Ponzi ROIs of up to 5.6% a day.

Alexa traffic statistics suggest affiliate recruitment for GreenDayPay bottomed out towards the end of October, likely prompting the launch of Easy Cycler.

The GreenDayPay Facebook group lists two admins, Cynthia Jeanine and Virginia Carter.

The Virginia Carter account appears to be bogus. The account was created back in 2009 but has no content, which is typical of fake profiles put up for sale. Furthermore, at least one of the profile images used in the account has been stolen from elsewhere.

The Cynthia Jeanine account appears to belong to Cynthia Taylor-Iwankow:

Taylor-Iwankow is based out of Canada and seems to use the “Cynthia Jeanine” account only for marketing MLM underbelly schemes. The Taylor-Iwankow account is used as a personal profile.

On her LinkedIn profile Taylor-Iwankow claims she has ‘12 yrs experience in the direct sales industry.‘

This began with Norwex (green cleaning and personal care) back in 2003, after which Taylor-Iwankow joined It Works! in 2011.

Taylor-Iwankow was still promoting It Works! and cites herself as a Presidential Diamond Leader on her LinkedIn profile.

Over the last ten months or so however that appears to have fallen apart, with Taylor-Iwankow taking up residence in the MLM underbelly.

On February 27th, Taylor-Iwankow made the following announcement:

I’m soo dang pumped with the new path I’m travelling. Life is about to get AMPED!!

Multi-stream income is most definitely paying off in a BIG BIG way!!

Fraudulent schemes Taylor-Iwankow has promoted since then include BitDonix (cash gifting), Stiforp (pyramid scheme), ZarFund (cash gifting), My 24 Hour Income (Ponzi scheme), My Paying Ads (Ponzi scheme), GiftoBit (cash gifting), Leased Ad Space (cash gifting), RevCoin (Ponzi scheme), Coince (Ponzi scheme), My Ad Story (Ponzi scheme), Freedom5 (Ponzi scheme), Ultimate RevShare (Ponzi scheme), Uni RevShare (Ponzi scheme), Capital7 (Ponzi scheme), Fort Ad Pays (collapsed Ponzi scheme) and MMM Global (collapsed Ponzi scheme).

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

Last we checked in Daniel Filho, mastermind of the DFRF Enterprises Ponzi scheme, was scheduled to stand trial on November 7th.

With proceedings less than twenty-four hours away, I decided to check the case docket and see if the trial was still on.

Turns out it isn’t, primarily due to ongoing concerns about Filho’s mental competency. [Continue reading…]

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

BitLine is created by very experienced team of it developers and network marketers.

They decided to launch new opportunity for others by giving IT system and educational system. Previously used educational system resulted in bringing over 2000 new people within a few weeks.

That means you have very well tested and proven to work, duplicatable system.

The BitLine website (“bitline.club”) was registered on the 25th of September 2016. The domain appears to have been registered with bogus details pointing to a French location.

Mikolaj Grzaslewicz is credited with “consulting” in the registration, with an address in Poland also provided.

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 3 Phases Biz website indicating who owns or runs the business.

The 3 Phases Biz website domain (“3phasesbiz.com”) was registered on the 28th of October 2016, however the domain registration is set to private.

An official Facebook group linked on the 3 Phases Biz website lists three admin; Jane Smith, Bernadette Hieke Culp, Rob Mcatamney.

Mcatamney promotes 3 Phases Biz on his own Facebook profile using the referral account “admin1” and appears to be the owner of the company.

Mcatamney first popped up on BehindMLM’s radar as the admin of the One Time Infinity Ponzi scheme in 2015.

Since then he’s launched a number of scams, including Cash Money Bucket, 3to600, VIP Promoters Club and Simple Simon’s System in 2016 alone.

Mcatamney’s most recent scam, Simple Simon’s System, was recently launched in September. At the time of publication the Simple Simon’s System website was non-responsive.

Read on for a full review of the 3 Phases Biz MLM opportunity. [Continue reading…]

The Verdant BTC website identifies four admins: Jordan Iuncker, Martin Zhao Germer, Kamran Baig and Steve John.

Of these four Jordan Iuncer appears to be the primary admin. Iuncker is the admin who puts out affiliate email updates, in which he refers to Verdant BTC in the possessive.

I have change the hosting, buy a big protection and never any one can be hacked my program.

I think, The hackers see my big program with more 700 members in less 6 hours ahahaha!!!

Iuncker (right) is based out of France and appears to be a serial participant in the MLM underbelly.

Recent scams Iuncker has signed up as an affiliate to promote include: BeOnPush (collapsed Ponzi), 2×4 Club (cash gifting), ZarFund (cash gifting), The Dollar Ventures (cash gifting) and Super Matrix (Ponzi).

Verdant BTC appears to be Iuncker’s first company launch.

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

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

The Ezzy Earn website domain (“ezzyearn.com”) was registered on the 21st of July 2016, however the domain registration is set to private.

Alexa currently estimate that 78% of all traffic to the Ezzy Earn website originates out of Bangladesh. This strongly suggests that whoever is running Ezzy Earn is also based out of Bangladesh.

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…]

Following on from a plea agreement filed under seal on October 25th, Troy Barnes has officially plead guilty to wire fraud.

Barnes’ guilty plea was accepted at a hearing held on November 4th. [Continue reading…]

Following one or more hearings on the SEC’s Motion for a Preliminary Injunction, Judge Parrish has extended the previously granted Temporary Restraining Order until further notice. [Continue reading…]