About a fortnight ago we covered the closure of Global Currency Reserve.

The closure was announced by CEO Bob Wood on December 31st, via an email sent out to GCR affiliates.

Nexxus University was touted as a rebranded opportunity going forward, however this time with new ownership and management. Details have otherwise been sketchy.

Now in a Nexxus University webinar held a few days ago, a ton of information regarding the closure of Global Currency Reserve and formation of Nexxus University has been clarified. [Continue reading…]

No verdict yet on the proposed AZPACK sale, but news today that Boreyko wants to sell off more real estate.

The proposal was made with Boreyko’s full knowledge of the preliminary injunction currently in place, which prohibits him from

selling any real estate asset that is owned or controlled by, or held for the benefit of, Defendant Boreyko, directly or indirectly.

Boreyko claims his [Continue reading…]

Vfinity launched in early 2014 and are based out of Florida in the US.

Vfinity is the premier weight management solutions direct sales company that Lifestyle Consultants and Customers need to become skinnier, healthier, and more financially successful.

Vfinity operate in the weight loss MLM niche and is headed up by CEO Alex Eliashevsky (right).

As per Eliashevsky’s Vfinity corporate bio;

A graduate of Northwestern University with a degree in Industrial Engineering, Alex Eliashevsky started his career as an equity options trader at the Chicago Board of Options Exchange (CBOE) in the year 2000 with Cutler Group LP, a sophisticated derivatives trading firm focused primarily on equity options.

Having early success in his career, he invested in a sole proprietorship and continued trading while maintaining a working relationship with the Cutler Group.

There’s no mention of MLM experience in Eliashevsky’s bio, suggesting Vfinity is his first MLM venture as an executive.

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

Valentus launched in late 2014 and are headed up by CEO and Founder, Dave Jordan.

In Latin, the word “Valentus” means “prevail,” defined as proving to be superior in strength, power, and influence.

A “product return” address in the US state of Nevada is provided on the Valentus website, however it is unclear whether or not this is where Valentus actually operate from.

A Google search of the Nevada address brings up United Fulfillment Solutions, who claim to be a ‘pick pack order processor, inventory manager, return processor, assembly partner, data processer (and) multiple facility‘.

The address provided by Valentus doesn’t differentiate from that of UFS, suggesting Valentus uses UFS for order fulfillment. A corporate address is not disclosed on the Valentus website.

Dave Jordan meanwhile first popped up on BehindMLM’s radar as a LiveSmart affiliate. Back in 2011 we ran a story covering Jordan’s giving away of sports memorabilia as a marketing angle.

When Jordan left LiveSmart 360 is unclear but it was presumably before the launch of Valentus (LiveSmart 360 itself recently collapsed).

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

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

The ProfitFactorX website domain (“profitfactor.club”) was registered on the 4th of January 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 Elite Pay Alliance website indicating who owns or runs the business.

The Elite Pay Alliance website domain was registered on the 15th of December 2015, with Optimus Dale listed as the owner. An address in the US state of Arkansas is also provided.

Optimus Dale is a pseudonym of Sherm Mason, who first popped up on BehindMLM’s radar as the admin of Magnetic Builder.

Magnetic Builder was a $29.95 recruitment scheme launched in 2011.

Last year was a busy one for Mason (right), with at least five known dubious schemes launched throughout:

• Paradise Payments (February 2015) – a $2 to $1000 cash gifting scheme
• Magnetic Gratitude (April 2015) – a $580 matrix-based Ponzi scheme
• Summer Fun Matrix (July 2015) – a $22 three-tier Ponzi scheme and
• 3×9 Millionaire Machine (September 2015) – a $3 in, $435 million dollars out Ponzi scheme
• Instant Pay Christmas (November 2015) – a $5 to $800 cash gifting scheme

With Christmas 2015 having come and gone, it appears Mason is looking to start his 2016 launches early.

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

Only7Bucks do not explicitly clarify who owns the business on their website, but they do mention it comes under the “Success Unlimited USA” banner.

Success Unlimited USA is a US company with corporate offices in Austin, Texas and New York City.

For over 13 years SUUSA Inc. has established itself as a leader in maintaining its commitment to superior marketing servicesas a global leader in social networking self-development programs.

Success Unlimited USA is owned by John Dierksmeier, who through it has launched a number of schemes over the years.

Dierksmeier (right) first popped up on BehindMLM’s radar as the Founder of MaxeVida in 2011.

2014 saw Dierksmeier launch Cafe Nopal, a recruitment-based scheme combined with nopal extract infused coffee.

In 2015 Dierksmeier then went on to launch no less than four MLM underbelly schemes:

• 2×2 Wealth – a two-tier Matrix Ponzi cycler
• Nopa Vida – a cactus juice recruitment scheme
• EcoPlus Network – a matrix-based recruitment
• My Secret Fortune – a $5 matrix Ponzi cycler

Of the opportunities Dierksmeier has launched over the years, MaxeVida and Cafe Nopal have since collapsed.

The 2×2 Wealth, Nopa Vida, Eco Plus Network and My Secret Fortune websites are still online, however Alexa statistics reveals each of the opportunities to be in decline.

This has likely prompted Dierksmeier’s launch of yet another company.

Read on for a full review of the Only7Bucks MLM business opportunity. [Continue reading…]

BehindMLM first reviewed Hidden Hunger Global back in October of 2014.

Two prime takeaways from the review were the involvement of Ruel Morton, former top earner in the FHTM pyramid scheme, and a murky retail offering.

Mid last year a reader left a comment on our Hidden Hunger Global review, informing us that

Ruel Morton is no longer affiliated with Hidden Hunger Global in any way.

The whole comp plan has been re-tooled. Perhaps it would benefit your readers for you to do an update.

With a new compensation plan and Morton out, today we’re publishing an updated Hidden Hunger Global review. [Continue reading…]

BehindMLM’s first Xerveo review went live in November of 2012.

Mid last year in June, a reader informed us that ‘Xerveo is now a new company and a new owner….‘

Purportedly Xerveo’s compensation had also changed significantly since 2012, prompting the need for an updated review.

Today we take a look at what’s changed over at Xerveo these past few years. [Continue reading…]

Just shy of three months ago, Vemma introduced a new compensation plan. This was required in order for the company to restart it’s MLM business opportunity, with the previous plan deemed conducive to a pyramid scheme.

Following implementation of Vemma’s retail-centric compensation plan, only one hundred and nineteen Vemma affiliates qualified for commissions.

These affiliates were paid $30,969.

Claiming that ‘the vast majority of affiliates…  will be unlikely to earn commissions under the company’s new compensation plan‘, Vemma submitted a second revised compensation to the FTC on December 8th.

As of the time of publication, the FTC have yet to issue a formal review of the plan.

On December 18th however, Vemma filed a quarterly report as required by the terms of the preliminary injunction currently in place.

The FTC claim this report went

beyond the requirements of the PI by advancing litigation arguments and making inflammatory mischaracterizations of the FTC and the Receiver’s conduct.

Part of the report mentioned Vemma’s new compensation plan, which the FTC accuse Vemma of disclosing ‘to the public and the Court before the FTC’s review of the plan was complete‘.

On the 7th of January the FTC filed a response to Vemma’s quarterly report, among other things, the regulator clarifies ‘its position concerning the new plan.‘ [Continue reading…]