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

The ZarFund website domain (“zarfund.com”) was registered on the 27th of July 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…]

Despite the SEC’s case against him and Traffic Monsoon being civil in nature, Charles Scoville has hired a criminal defense attorney.

According to a 15th of August filing, Scoville is now represented by Edwin S. Wall. [Continue reading…]

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

The owner(s) of MMM United however do claim to be “a team of MMM participants”:

We are no other than a team of MMM participants from our respective national structures of MMM.

“MMM” refers to MMM Global, a bitcoin-based Ponzi scheme that collapsed earlier this year.

Alexa currently estimate that 84.8% of traffic to the MMM United website originates out of India. This strongly suggests that whoever is running MMM United is based out of India itself.

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 Easy 1up website indicating who owns or runs the business.

The Easy 1up website domain (“easy1up.com”) was first registered on the 8th of June 2007.

The domain registration was recently updated on June 9th, 2016. The current registration details are set to private.

Further research reveals affiliate naming Peter Wolfing (right) as the owner of Easy 1up. This can be confirmed by way of the Easy 1up website being hosted on the same private server as Ultimate Cycler.

Ultimate Cycler is a matrix cycler Ponzi launched by Wolfing back in 2014.

Other MLM underbelly schemes launched by Wolfing over the years include Turbo Cycler (cash gifting), Business Toolbox (chain-recruitment), Infinity 100 (cash gifting), National Wealth Center (cash gifting) and Pay Me Forward (cash gifting).

Read on for a full review of the Easy 1up MLM opportunity. [Continue reading…]

Finanztest is a monthly finance niche magazine published by Stiftung Warentest, a German consumer organization.

In the September issue of the magazine, Stiftung Warentest has published a warning against investment in OneCoin and SwissCoin. [Continue reading…]

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

The EasyCoins website domain was registered on the 1st of May 2016, however the domain registration is set to private.

Alexa currently estimate that 54.2% of traffic to the EasyCoins domain originates out of Colombia, strongly suggesting that this is where the company is likely being operated from.

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…]

Evo Binary operate in the forex MLM niche and provide a corporate PO Box address in Dubai.

A certificate of incorporation issued by the Dubai Aviation City Corporation is also provided.

So the story goes;

Two CEOs of companies focused on technology and financial market areas decided to join their know­how and develop a super product, able to forever change not only their lives but those of everyone who acquire this fantastic robot.

One of those CEOs is identified as Ramon Alcantara (right). The other CEO is not identified.

Alcantara serves as CEO of Evo Binary. Whether he himself is based out of Dubai is unclear.

Despite Evo Binary’s claim that Alcantara was previously the CEO of a company, I was unable to find any information on his MLM history.

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

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

The Team Plutus website domain (“team-plutus.com”) was registered on the 3rd of March 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 RevCoin website indicating who owns or runs the business.

A UK Companies House registration is provided on the RevCoin website, citing an incorporation date for RevCoin Limited on June 22nd, 2016.

The address provided on the corresponding private limited company registration in a residential area in Hertfordshire, England.

Carlo Trabattoni is listed as the sole “Marketing Manager” on the registration. Social media accounts bearing Carlo Trabattoni’s name were only created in the past few weeks, suggesting Trabattoni doesn’t actually exist.

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…]

One80 began life as a spinoff from EPX180, a weight-loss MLM opportunity launched by Dan Putnam in late 2011.

Whereas EPX Body was a legitimate MLM opportunity with a retailable product, One80 marked Putnam’s transition towards online marketing tools.

One80 flopped and a year later was followed up by Let Us Close, a short-lived recruitment scheme tied to an “advanced marketing system”.

A few months after launch Let Us Close was hitched to The Elite Networker, another monthly-fee based recruitment scheme.

The Elite Networker also flopped and was abandoned shortly after launch.

Now Putnam (above right) has resurrected the One80 website domain, with what appears to be an adcredit Ponzi scheme. [Continue reading…]