I’ve always maintained that there’s something unnerving about charity-based MLMs.

The notion of a business opportunity and charity are polar opposites, with an intermingling of to the two more often than not a front for something else.

What that something else is varies from individual to individual running the company. Nonetheless, it takes a certain type of marketer to front an income opportunity entwined with charity.

Randy Jeffers was one such marketer, who you might remember as the owner of Bids That Give. He’s also just been named the state of Oregon’s top delinquent tax payer. [Continue reading…]

The last investment increase OneCoin introduced was their €18,800 Festival package.

Announced last November, the Festival package was a limited time promotion that ended recently.

Potentially strapped for cash as withdrawal requests exponentially increase each month, OneCoin have just announced a new €25,000 investment package. [Continue reading…]

Buyezee are incorporated in the US state of Delaware and operate in the e-commerce MLM niche.

Despite providing basic information about the company on their website though, there is currently no information up as to who owns or runs Buyezee.

This is of particular concern seeing as Buyezee claim to have first incorporated back in 2014.

Further research reveals Buyezee on their Facebook page identifying Daniela Claudia Szasz as CEO.

Citing “20 years of experience”, on her blog Szasz (right) markets herself as a business advisor.

I advise managers, leaders and entrepreneurs from companies and businesses (on) how you authentically bring in profitable returns, while impressing your customers with a self-confident and convincing representation.

As a result of my continually enterprise successes, I am today an independent trainer and consultant for companies, network and businesses in national and international corporations.

As a personal development trainer for company events, management courses and motivation seminars, I’ve impressed every audience with my clear, charming, versatile, and competent style.

MLM companies Szasz has previously been an affiliate with include Herbalife (President’s Team member) and PM-International (supplements). Her Facebook profile also reveals affiliation with Asea and LifePlus.

Of note is that Szasz as only appointed Buyezee’s CEO in late February of this year. Buyezee was incorporated in 2014, so she clearly doesn’t own the company.

Buyezee would appear to be based out of Europe, with the company boasting it is ‘a registered trademark for all Eurozone countries (as of) June 2015‘. Additionally the Euro is the currency used in the official Buyezee compensation plan documentation.

For all intents and purposes, it appears Buyezee exist in the US in name only. More importantly, for now and for whatever reason, Buyezee aren’t disclosing who owns the company.

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 MLM Hits website indicating who owns or runs the company.

The MLM Hits website domain (“mlmhits.com”) was first registered on the 6th of November, 2014. The registration was last updated on the 23rd of August, 2015, suggesting this is when the current owner(s) acquired it.

Unfortunately the MLM Hits domain registration is set to private.

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…]

We last reported on USFIA late last year, covering the recovery of over $20 million dollars by the Receiver.

The behind-the-scenes work of the Receiver continues, with the latest updates provided in the Receiver’s Second Report.

The filing is over forty pages long, with the interesting parts headlined and covered below. [Continue reading…]

KDK Trade Charity Club are based out of the UK and launched on February 28th.

Identified as CEO of KDK Trade Charity Club on their website is Kwaku Damete-kumi (whose initials form the company name).

As per Damete-kumi’s KDK Trade Charity Club bio;

My passion is helping people make money online by starting their own business. I was born in Ghana and for the past 17 years, I have lived in the UK.

Recently, in 2009 I was called to be an evangelist preacher. The part of my calling – to help others – is what I take the most pride in with regards to helping those in need, especially with their business.

I promise to impart to you what I have learned from my 11 years of networking as we build our team. Let’s make money together!

Damete-kumi  appears to have a penchant for Ponzi schemes, with promotional material for RevShareNow ($2 to $40 HYIP Ponzi scheme),  Unascos (formerly uFun Club), Fort Ad Pays, iCharity Club (Ponzi-based cash gifting), Global Currency Reserve and MMM Global (MMM Ghana) recently appearing on his Facebook account.

Read on for a full review of the KDK Trade Charity Club MLM business opportunity. [Continue reading…]

By all accounts, 2015 was a great year for Bazi Hassan in MOBE.

In May Hassan shared his success story in a promotional video for MOBE, celebrating his qualification for a free luxury car.

I’ve been in this industry for about four years now, and I’m going to be completely honest with you guys.

For my first three years I struggled. I lost money. I was broke. I was learning from the wrong mentors. I was joining the wrong companies. I was buying bogus traffic. I was falling for “get rich quick” schemes.

So much things guys, but I did not give up… and I’m so glad that I found MOBE.

MOBE showed me the direct path to get successful online. And with the help of Matt Lloyd and his coaches, I was pointed in the right direction.

In 2015 Hassan referred to himself as a “top earner” in MOBE and claimed to have earned over $470,000 in commissions.

By January 2016 however, Hassan’s experience in and feeling about MOBE had drastically changed. [Continue reading…]

A lawsuit filed by Nu Skin shareholders against the company appears to be drawing to a conclusion.

The class-action lawsuit was filed in February 2014, accusing Nu Skin of  misleading investors about the legality of its operations in China.

Chinese media reported suspicions Nu Skin was operating a pyramid scheme in January 2014. A subsequent investigation by Chinese authorities saw Nu Skin fined $781,000.

The class-action lawsuit has been quietly playing out over the past two years, with news yesterday of a potential $47 million dollar settlement.
[Continue reading…]

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

The VidesVendo website domain (“videsvendo.com”) was registered on the 3rd of February 2016, however the domain registration is set to private.

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…]

My Advertising Pays is in trouble.

The scheme just ticked over the average two-year collapse mark, and recruitment of new investors has all but bottomed out:

For a Ponzi scheme that requires a constant stream of new investment to pay existing investors out with, this is a disaster.

In an attempt to distract their investors from the obvious, My Advertising Pays started crapping on about “My Advertising Pays v2.0” back in October last year.

That’s gone nowhere and so Deese and the gang need something new to distract their investors with. Cue threats of a lawsuit against Tara Talks. [Continue reading…]