As reported three days ago, TelexFree co-owner and President James Merrill has today formally entered a guilty plea in his criminal case.

As per a plea agreement filed on October 24th, Merrill has plead guilty to eight counts of wire fraud and one count of conspiracy to commit wire fraud. [Continue reading…]

According to the Trivesta website, the company

was founded to help millions of people win back hope for their future.

Trivesta is not only a business; it is a way of life. We are a movement dedicated to positively impacting people’s lives.

Trivesta is based out of Texas in the US and headed up by Founder and CEO, Joseph T. Cherry (right).

As per Cherry’s LinkedIn profile, he’s the CEO and President of Exectras (formerly TransACT).

Exectras is a membership-based discount services company offering fee-free merchant processing, business performance services and a unique menu of employee perks and programs.

Trivesta appears to be Cherry’s first MLM venture.

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

Last month we reported that Sanderley Rodrigues had agreed to enter a guilty plea for visa fraud.

At an October 5th hearing Rodrigues entered a guilty plea, which was accepted by the court. [Continue reading…]

There is no information on the Five2BTC website indicating who owns or runs the business.

The Five2BTC website domain (“five2btc.com”) was registered on the 29th of September 2016, however the domain registration is set to private.

If you visit the Five2BTC website without an affiliate referral link, the default referrer is “David Vicente Martin”.

On his Facebook profile Martin (right) cites his location as Spain and identifies himself as “management at Five2Btc”.

Previous MLM opportunities Martin has been involved in include Unetenet (Ponzi scheme), TelexFree ($3 billion Ponzi scheme), Organo Gold (ganoderma coffee) and Profit Clicking (adpack Ponzi scheme).

Read on for a full review of the Five2BTC MLM opportunity. [Continue reading…]

There is no information on the B-Epic website specifically identifying who owns or runs the business.

Our team of leading industry professionals have been in the MLM industry for over 20 years, and are bringing all of their experience to your fingertips.

The B-Epic website domain (“bepic.com”) was first registered back in 2014. The domain registration was recently updated on the 17th of August, 2016, suggesting this is when the current owner(s) took possession of it.

Further research reveals Eric Caprarese identifying himself as President and CEO of B-Epic on his LinkedIn profile.

Caprarese (right) first appeared on BehindMLM back in 2013, as co-founder and CEO of Brain Abundance.

Today the Brain Abundance website is still online, however Alexa traffic estimates show a continued decline throughout 2016.

According to word on the grapevine, Caprarese sold his share in Brain Abundance earlier this year.

Prior to launching Brain Abundance, Caprarese was involved in A.L. Williams & Associates (now Primerica),  PureNRG FX and Blue Bird Bids Ponzi scheme.

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

Unicorn Adz claims it is run by the same admin as Unison Wealth.

From the Admin of the amazing Unison Wealth program .. LESSONS LEARNT… 12 months of planning!

Unison Wealth was a matrix cycler Ponzi launched in late 2014. By May 2015 Unison Wealth had collapsed.

Unison Wealth is believed to have been launched by Sidhanath Singh (right), who is based out of India.

A new Facebook profile bearing the name “Sidhanath Singh” was created specifically to promote Unicorn Adz on October 14th, 2016.

Other companies Singh has promoted (often under the account name “sidhu2”), include Leafit (social network spam), Team Work Matrix (cash gifting), Banners Broker (HYIP Ponzi scheme), Wealth Podium (pyramid recruitment) and AdHitProfits (Ponzi scheme).

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

There is no information on the 2×4 Club website indicating who owns or runs the business.

The 2×4 Club website domain (“2x4club.com”) was registered on the 11th of October 2016, however the domain registration is set to private.

Alexa currently estimates that India is the largest source of traffic to the 2×4 Club website (30%). This strongly suggests that the admin(s) running 2×4 Club are also based out India.

Update 27th November 2016 – BehindMLM’s The Dollar Sharing review has revealed Krzysztof Tymoteusz is the owner of 3×2 Core. /end update

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…]

After a failed bid to delay his trial until November 14th, James Merrill’s criminal proceedings were scheduled to kick off on November 8th.

Rather than attempt to clear his name and business dealings through TelexFree, it now appears that an eleventh hour plea deal has been struck.

This coming Monday, James Merrill is expected to plead guilty. [Continue reading…]

Almost immediately after news of OneCoin’s Hong Kong bank account being shut broke, the company pushed out an announcement about payment delays.

In light of ongoing closures, OneCoin had opened an account with China Construction Bank (Asia) Corporation Limited using the shell company name Foshan Everbright Import & Export Company Limited.

Two weeks later the account was abruptly terminated. To date OneCoin haven’t informed affiliates whether the account was shut down by Hong Kong police, the bank or the two working together.

What we do know however is that OneCoin affiliates can now expect long withdrawal delays. [Continue reading…]

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

The Lion Streams website domain (“lionstreams.com”) was registered on the 13th of November 2015, however the domain registration is set to private.

Alexa currently estimate that 95% of traffic to the Lion Stream website originates out of the US. This strongly suggests that whoever is running Lion Streams is also based out of the US.

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…]