Back in March OneCoin lost their Mastercard merchant issuer.

Turns out being part of a million dollar drug gang is bad for business.

Mastercard have since denounced OneCoin, effectively announcing they want nothing to do with the company.

Given Mastercard are watching for links between merchants and OneCoin’s many shell companies, we’re probably not going to see a OneCoin branded Mastercard anytime soon.

Through their many shell companies, OneCoin had to seek out alternative processing channels. [Continue reading…]

There is no information on the THW Global website indicating who owns or runs THW Global.

The THW Global website domain (“thwglobal.com”) was registered privately on the 29th of May, 2016.

Alexa currently estimate that 45.6% of all traffic to the THW Global website originates out of Russia. The Ukraine is the second largest source of traffic, coming at 10.3%.

This suggests whoever is running THW Global could be based out of Russia.

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…]

Just under a year ago, Daniel Filho was arrested in Florida.

Since then Filho has been in protective custody, with a criminal case slowly progressing to trial in the background.

A Joint Final Status Report was filed on June 13th, with a Final Status Conference scheduled for June 29th. [Continue reading…]

Paul Burks’ criminal trial is now less than a week away.

Last week the DOJ filed a lengthy trial brief, going over their gameplan for the trial.

As per judicial procedure in the lead up to a criminal trial, Paul Burks has filed his trial brief too. [Continue reading…]

The latest reincarnation of the failed BBOM Ponzi scheme saw them want a piece of the burgeoning MLM cryptocurrency niche.

Previously BBOM combined Ponzi ROIs with fictitious GPS tracker rentals. When the collapsed the scheme rebooted as InterBBOM, replacing GPS trackers with mobile apps.

That didn’t go anywhere and so the third attempt at BBOM began a few months ago… [Continue reading…]

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

On the Nova Coinage website “about us” page, the company claims

Nova Coinage Venture LLC. is a well recognized open joint stock company which was established in 2015.

The foundations of company were laid in USA, afterwards at the starting of 2016 the board of directors and management decided to reorganize and transform it into a Limited Liability Company with the merger of Stock Market and Crypto-Currency.

Nova Coinage Venture LLC. is based on a team of highly trained and skilled professionals having profound knowledge and market experience of years and years.

No proof of any of the above claims is provided on the Nova Coinage website.

A residential address in the US state of Michigan is provided as a contact address for Nova Coinage on their website.

A Michigan Department of Licensing and Regulatory Affairs Filing Endorsement for Nova Coinage Venture LLC is provided on the Nova Coinage website.

This corporate registration does exist, however a PO Box address in Michigan was used to register Nova Coinage Venture LLC.

The Nova Coinage website domain meanwhile was registered privately on the 27th of January, 2016.

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 ProfiAds website indicating who owns or runs the business.

The ProfiAds website domain (“profiads.com”) was registered on the 13th of April 2016, however the domain registration is set to private.

The ProfiAds website default language is German, with German also featured on the company’s social media profiles.

This strongly suggests that the owner of ProfiAds is German, or at the very least speaks German.

Another possibility is the ProfiAds admin is Russian, with Alexa currently estimating that 60.5% of all traffic to the ProfiAds website originates out of Russia. The ProfiAds website is also hosted in Russia.

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 Tuned Hosting website indicating who owns or runs the business.

The Tuned Hosting website domain (“tunedhosting.com”) was registered on the 20th of April 2015, with Rick Weston listed as the owner. An address in the US state of Oregon is also provided.

In 2013 Rick Weston (right) appeared on BehindMLM via comments on our My Fun Life review (comment #3 onwards).

My Fun Life, a recruitment-driven travel opportunity, was in decline for most of 2015. In March, 2016, CEO Dan Edwards announced the My Fun Life affiliate database had been sold to WorldVentures.

Prior to My Fun Life, Weston was an affiliate with North American Power.

North American Power was a recruitment-orientated utility MLM. The company terminated its MLM operations in 2015.

Weston also owns WP-MLM, a WordPress plugin that promises to ‘change how you MLM recruit online forever‘.

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

Volishon is an MLM travel opportunity that officially launched earlier this year.

The company is headed up by CEO Joel Santiago and based out of Georgia in the US.

As is common with MLM travel opportunities, the core focus of Volishon is affiliate recruitment. Six or so months in, today we take a look at where Volishon is at. [Continue reading…]

TPP Success (also known as Hulian International and TPP Global) provide no information on their website indicating who owns or runs the business.

The TPP Success website extols “the secret of the Chinese millionaires”. Beyond that, it is little more than an email capture page.

The TPP Success website domain (“tppsuccess.com”) was registered on the 20th of May 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…]