The criminal trial of James Merrill is quite possibly one of the most anticipated MLM Ponzi regulatory actions to date.

Two years in the making, Merrill is currently scheduled to stand trial on October 23rd.

In an eleventh hour filing however, Merrill has now asked the court to delay the trial for three weeks.

Among other things, an all-star hockey and lacrosse tournament are cited in Merrill’s motion for a continuance. [Continue reading…]

BehindMLM’s original Skinny Body Review was published back in September of 2011.

The Skinny Body Care compensation plan has changed significantly since then. Today we take a look at those changes with an updated Skinny Body Care Review v2.0. [Continue reading…]

There is no information on the Matrix War website specifically identifying who owns or runs the scheme.

We are a team of Online marketers from Belgium, India and US. We have been working in Online marketing for past 2-3 years. Our dream was to be able to earn money online which would give us complete freedom.

The Matrix War website domain (“matrixwar.com”) was registered on the 21st of September 2016. “Matrix War” is listed as the owner with an address in Karnataka, India also provided.

The official Matrix War Facebook group lists five admins; Dawn Cassin, Baig Baig, Raphel Rock, Alberto Disoosa and Steve Caro.

In a Facebook post dated September 28th, Albert Disoosa identifies himself and Steve Caro (on the right respectively) as owners of the company;

After a Long Time of Research for a stable monthly income, Me and my friend Steve thought of developing the website MatrixWar.

Disoosa and Caro are based out of the Netherlands and Belgium respectively.

Disoosa’s MLM history is unknown. Previous MLM companies Steve Caro has promoted include Usana (2014), Team Beach Body (2014), Avon (2012) and Talk Fusion (2012).

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

Online Money University owner Lalit Bajpai describes Online Money University as “the greatest online business opportunity Of 2016”.

Bajpai, who is based out of Nasik in India, also claims to have worked ‘in network marketing, online business and share trading from last 11 years‘.

Back in February Bajpai (right) was promoting a 225% ROI Ponzi scheme called Revshare4DreamCar.

Other Ponzi schemes promoted by Bajpai include Triple Threat, MyZoomAds, My Paying Ads and MMM Global (collapsed Ponzi scheme).

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

Following media reports detailing raids and arrests on top Kairos Technologies investors in Belarus, the country’s State Control Committee has issued a statement confirming the news. [Continue reading…]

There is no information on the Bitcoin4u website indicating who owns or runs the business.

The Bitcoin4u website domain (“bitcoin4u.biz”) was registered on the 1st of August 2016, however the domain registration is set to private.

At the time of publication Alexa estimate that 42% of all traffic to the Bitcoin4u website originates out of India. This strongly suggests that whoever is running the company is also likely based out of India too.

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 Quartrix website indicating who owns or runs the business.

The Quartrix website domain (“quartrix.com”) was registered on the 23rd of September 2016, however the domain registration is set to private.

The official Quartrix Facebook page suggests Richard Morrison is running the company.

Quartrix began life as “My BitCoin Life”, a bitcoin-based matrix Ponzi scheme. A few weeks into launch My BitCoin Life collapsed, with Morrison publishing the following update to Facebook on September 21st;

OK folks, I’ve come out of a meeting with John and we have come to the conclusion that MBL is not working.

People don’t seem to be promoting it or the program is not simple enough we are not sure. It could be a combination of both factors and it probably is.

So as of from now MBL is closing it’s [sic]doors.

A day later Morrison made a preliminary announcement for Quartrix:

In a few days we will roll out our next BTC builder programme. We will offer full transparency of positions (Viewable), powerful re-entry plan and direct bitcoin wallet transactions.

Morrison changed the name of the My BitCoin Life Facebook group to Quartrix on September 24th.

Other MLM opportunities Morrison is promoting on his Facebook page include Ultimate Business World (Ponzi points), SmashCoin (HYIP), The Billion Coin (HYIP), THW Global (recruitment), BeOnPush (collapsed Ponzi scheme), CommHubb (unregistered securities) and Smash Fund (pyramid scheme).

Morrison’s Facebook profile was only created back in April of this year and was immediately used to begin promoting various schemes. I suspect it might be a pseudonym.

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

In a September 28th trial brief filing, the DOJ claim TelexFree was

a massive pyramid scheme that roped in about a million people worldwide and caused about a billion dollars in losses.

TelexFree paid participants a yearly return of over 200% without requiring them to sell anything.

All they had to do was (a) pay TelexFree $1425 and then (b) spend a few minutes cutting and pasting tiny classified ads to a handful of web sites every day.

The company paid participants to recruit others too, but never required significant sales of an actual product.

Unsurprisingly, TelexFree collapsed; by April 2014 it owed its participants about $5,000,000,000.

At Merrill’s trial, currently scheduled for October 24th, the DOJ plan to

prove that TelexFree was a Ponzi and pyramid scheme (and) that Merrill knew this almost from the beginning, and yet continued to actively promote the company and profited from its illegal proceeds.

The DOJ’s filing is 46 pages long, so in the interest of brevity I’ve condensed the brief with only minimal commentary.

Read on for a brief of the DOJ’s case against James Merrill. [Continue reading…]

According to news reports out of Belarus, thirty local Kairos Technologies leaders were arrested yesterday. [Continue reading…]

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

BITRISING is a semi-automated system created by 3 individuals, who are funding and Founding members.

The BitRising website domain (“bitrising.com”) was registered on the 11th of September 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…]