There is no information on the Business Bot Incubator website indicating who owns or runs the business.

At the time of publication Alexa estimate that most of the traffic (100% or close to) originates out of the Ukraine. The default language of the Business Bot Incubator website is also Russian.

This strongly suggests that whoever is running Business Bot Incubator is based out of the Ukraine.

An incorporation certificate for “Business Bot Incubator LTD” is provided on the Business Bot Incubator website.

Records from the UK Companies House shows Business Bot Incubator was incorporated on October 7th, 2016.

Ben Nolan is listed as the sole Director of the company, with an address in Manchester, UK also provided.

Further research reveals over thirty companies using the same address, suggesting Business Bot Incubator exists in the UK in name only.

A UK incorporation costs about £20 GBP and requires little more than a UK-based address.

Ben Nolan likely doesn’t exist with the real owner(s) of Business Bot Incubator running the company from the Ukraine.

The Business Bot Incubator website domain (“bbi.world”) was registered on the 5th of October. The domain registration uses the same details as found in Business Bot Incubator’s UK incorporation.

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…]

Sunil Patel has appointed himself somewhat of an ambassador for Traffic Monsoon investors. Specifically, Traffic Monsoon investors who believe Ponzi schemes should be legal.

In response to the SEC shutting down Traffic Monsoon in July, Patel threatened to sue the SEC. He also offered to fly to the US and personally testify in court.

After perhaps realizing that wasn’t such a good idea, Patel (right) then positioned himself at the head of a pro-Ponzi movement.

Patel’s first order of business for the movement was organizing an August meetup at Brighton pier in south-east England.

A handful of pro-Ponzi supporters rocked up and pledged their support to Charles Scoville and Traffic Monsoon. Patel was on hand with a camera and filmed prepared statements from the Ponzi faithful.

Those statements, along with prepared affidavits, were handed to lawyers under the belief they would be presented in court at tomorrow’s hearing.

Whether or not that happens remains to be seen. In the meantime though, Patel has moved on to promoting a new Ponzi scheme. [Continue reading…]

With Paul Burks is going to jail and the SEC’s case against Zeek Rewards resuming shortly, the Receivership is all but winding down.

Pretty much all that’s left is getting $13.1 million dollars back from Roman Balanko and seeing through net-winner litigation. [Continue reading…]

This came as a bit of a surprise…

On October 24th James Merrill plead guilty to guilty to eight counts of wire fraud and one count of conspiracy to commit wire fraud.

The charges stemmed from Merrill’s involvement in running TelexFree, a $3 billion dollar Ponzi scheme.

As per a Status Report fled by the SEC on October 25th, turns out the court did not accept Merrill’s plea. [Continue reading…]

BehindMLM initially reviewed uThriv back in 2014. Major issues identified at the time were failure to provide information about uThriv’s products, a lack of retail focus and chain-recruitment.

On October 26th Joe Tessin, co-founder and President of uThriv, responded to our review.

Thanks for the things you shared. We have grown and made many improvements and continue to do so…. I would be grateful if you gave us another look and review!

Today we take another look at uThriv and go over what’s changed. [Continue reading…]

This one slipped through the cracks and was only recently brought to our attention by BehindMLM reader “TS”.

Turns out back in August a number of MBI International scammers were arrested in Taiwan.

The following is a run down in English, from a third-party translation and that of Kasey Chang. [Continue reading…]

There is no information on the 2Biz Guaranteed Cash website indicating who owns or runs the business.

The 2Biz Guaranteed Cash website is hosted on the free Yola site platform.

A few months ago Jose Delgado launched similar looking websites on the Beep free hosting platform.

The Solid Trust Pay account “css500” used by both Real Cash Now and Cash Rite is featured on the 2Biz Guaranteed Cash website.

Real Cash Now was launched in July and was a four-tier Ponzi cycler. Cash Rite was launched in August and was also a Ponzi cycler.

Beep shut down both schemes shortly after launch, which has likely prompted Delgado to now switch over to Yola.

Read on for a full review of the 2Biz Guaranteed Cash MLM opportunity. [Continue reading…]

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

The Super Matrix website design and featured copy however are cut and pasted from the LifeBTC website.

Here’s the “about us” spiel from the Super Matrix website;

SuperMatrix are the Navy Seals of the community of like-minded members who are interested in donating to each other.

A small ELITE TEAM that always gets the JOB done right.

Way more than just LEADERS. We are individuals, crypto-nerds, fathers and mothers, brothers and sisters, thinker and doer with the passion for BTC.

And here’s the LifeBTC version;

We, the LifeBTC Crew are the Navy Seals of the community of like-minded members who are interested in donating to each other.

A small ELITE TEAM that always gets the JOB done right.

Way more than just LEADERS. We are individuals, crypto-nerds, fathers and mothers, brothers and sisters, thinker and doer with the passion for BTC.

LifeBTC was a bitcoin-based Ponzi cash gifting scheme launched on or around October 4th. By October 8th the scheme had collapsed and shut down.

The three admins listed on the official LifeBTC Facebook group are Swoyam Jit Singh, Karen L Creasey and Robin D. Silva.

Further research reveals affiliates citing Luis Castillo as the Super Matrix admin.

I myself was unable to independently verify this information and Castillo’s connection to LifeBTC, if any, remains unknown.

On the 4th of July, Castillo (right) was promoting an investment opportunity he claimed participants could make “up to $3,000 a day” through.

I just joined an opportunity that can easily earn you $10,000.00 in 30 days with just a $125.00 starting investment.

Available for USA, Canada, Australia, Mexico, India, Bahamas, New Zealand. United Kingdom and Philippines.

I find it really interesting and easy to achieve. And of course it’s a legal company based in the USA. You could make up to $3,000 per day.

Castillo himself is from the Dominican Republic

The Super Matrix website domain was registered on the 9th of October 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…]

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

The Hi Hourly website domain (“hihourly.com”) was registered on the 8th of July 2016, however the domain registration is set to private.

Despite only having launched in late September, Hi Hourly claim

to this date , the grand value of the property our clients have invested in through Hi-Hourly is over 2 billions across 25 markets worldwide.

No proof of this claim is provided anywhere on the Hi Hourly website.

Hi Hourly do provide a certificate of incorporation from the UK Companies House. These costs about £20 GBP and require nothing more than a virtual mailing address in the UK.

“Harrison Scott” is listed as the sole Director of Hi Hourly. The use of generic Anglo-Saxon names is common in fraudulent UK-based incorporation filings.

Alexa currently estimate that Pakistan (36.6%) and Indonesia (19.6%) are the two largest sources of traffic to the Hi Hourly website. It is highly likely that the admin(s) running Hi Hourly are based out of one of these countries.

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…]

Back in August the Zhunrize Receiver announced that 2,395 out of 19,905 filed victim claims, representing losses of $33.9 million dollars, have been allowed.

The Receiver has been working with victims of disallowed claims, with another 466 claims since allowed. [Continue reading…]