Following a series of raids, earlier this year Spanish authorities arrested several GetEasy ringleaders.

Now, working with their counter-parts in Portugal, another GetEasy ringleader has been apprehended in Madeira.

For those unfamiliar with the company, GetEasy was a Ponzi scheme that collapsed in early 2015. Specifically targeting Europe and South America, GetEasy conducted investment fraud under the guise of renting GPS trackers to non-existent retail customers.

Seemingly unable to stop scamming people after GetEasy collapsed, Portuguese ringleader Hernani Goncalves went on to launch Empire MLM. [Continue reading…]

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

The MyTrafficAdsPay website domain (“mytrafficadspay.com”) was registered on the 30th of January 2016, with “my traffic ads pay” listed as the owner. An incomplete address in Galle, Sri Lanka is also provided.

The official MyTrafficAdsPay Facebook group lists five admins; Sameera Ranathunga, Prabodha Chamith, Isuru Gihan, Nicholas Wolff and Charitha Athukorala.

Of the five, Prabodha Chamith and Charitha Athukorala identify themselves as members of MyTrafficAdsPay’s “admin team”. It is assumed one or more of the other three admins make up the rest of the team.

Chamith and Athukorala (right) appear to be no stranger to ad-credit Ponzi schemes, with promotional material for a number of them appearing in their Facebook feeds.

In 2015 alone Chamith and Athukorala promoted MyPayingAds, Traffic Monsoon, Concord Limited, IntellaShares, AdzBrooks and QuickRevShare.

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

As far as we know, John Wuo is still under investigation for Political Reform Act violations.

Wuo was a key figure in the USFIA Ponzi scheme, which primarily targeted Chinese investors under the guise of GemCoin cryptocurrency investment.

A serving politician in California at the time, the subsequent scandal ultimately saw Wuo resign from the Arcadia City Council.

Wuo has since laid low and to date has not been named in proceedings against USFIA founder Steve Chen.

He has however recently turned up in a flyer for China Week 2016. [Continue reading…]

One of the tell-tale signs that a share-based MLM opportunity operating in the US is a Ponzi scheme, is failure to register with the SEC.

All it takes is the filing of a few documents and annual reports, and the regulator has all the information to ascertain whether or not an otherwise questionable opportunity is legitimate.

The alternative is a regulatory investigation, which typically results in a civil case being filed and the Ponzi scheme in question shut down.

Possibly looking to preempt such an investigation, BitClub Network have announced they are abandoning US operations. [Continue reading…]

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

The EZAdsNet website domain (“ezadsnet.com”) was registered on the 24th of March 2016, however the domain registration is set to private.

The EZAdsNet website is hosted on a private server. Also hosted on the server are the websites of Only20Bucks and NopaVida MLM opportunities, both owned by John Dierksmeier Quesada.

Thus is follows that EZAdsNet is likely also being run by Quesada.

Quesada first popped up on BehindMLM’s radar last year as the owner of 2×2 Wealth, a matrix cycler.

Other MLM opportunities Quesada has launched include Only7Bucks, Cafe Nopal, Eco Plus Network and My Secret Fortune.

My Secret Fortune was the most recent cycler, launched in November, 2015. Alexa traffic estimates to the My Secret Fortune suggest the scheme has already collapsed.

Said collapse has likely prompted the launch of EZAdsNet.

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

If you’ve ever wondered what Lyoness would be like without constant expansion into new territories, look no further than the collapse of Aspire Worldwide.

Amid mounting investor losses and talk of legal action, Go Aspire has gone into insolvency and owner Andy Hansen is nowhere to be found. [Continue reading…]

We last checked in with Perfect Internet back in 2014. The company announced it was going to offer virtual shares and an IPO in late 2015.

We Share Success, the virtual share platform, appears to have flopped. The planned IPO didn’t take place either.

With 2015 come and gone, Perfect Internet have kicked off 2016 with the launch of Cash Back Marketing.

“Cashback Marketing” or “CBM” or “Services” is a product of product of Perfect Internet Inc. with a registered office at 7251 W Lake Mead Blvd, Las Vegas, NV 89128 and with an administration/postal office at 3140N Rainbow Blvd, Las Vegas, NV 89108.

We Share Success Inc. manages Cashback Marketing.

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

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

The Bid Destiny website domain (“biddestiny.com”) was registered on the 1st of March 2015, with Rajesh Ramgoni listed as the owner. An address in Andhra Pradesh, India is also provided.

Whether Rajesh Ramgoni is an actual person is unclear. There are only six Google search results for the name, all of which are tied to the Bid Destiny domain registration.

The email address used to register the Bid Destiny domain shows up as a contact for “Dail (sic) Destiny India Pvt Ltd”

The contact person “Umamahesh” is likely the owner of the “dialdestiny.com” domain, “R Umamaheshwara Rao”.

Again there isn’t much information available on Rao (MLM or otherwise), but this might be due to language barriers. In any event, as owner of the Bid Destiny domain registration email address, it’s a good bet Rao is behind the company.

Why this information isn’t provided on the Bid Destiny website is unclear.

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

FutureAdPro was announced earlier this year and is an opportunity being launched under the FutureNet brand.

The FutureAdPro website identifies the company as a “FutureNet Advertising Program”.

FutureNet is a $1685 six-tier matrix cycler Ponzi scheme launched in early 2014.

On his Facebook profile, Roman Ziemian identifies himself as owner and CEO of FutureNet. Stephan Morgenstern is also identified as a founder of the company.

Prior to FutureNet, Roman Ziemian (right) was Chief Operations Office of OneLine Online, a share-based Ponzi scheme. Before that he was promoting LEO, a personal development based recruitment scheme.

In late 2015 FutureNet launched a reload scheme, Blue Ocean Online. Like FutureNet, Blue Ocean Online saw affiliates invest in matrix positions on the promise of a ROI.

Alexa traffic estimates for the Blue Ocean Online website suggest the scheme collapsed shortly after launch.

FutureNet itself has been floundering for most of 2015, with an overall decline now prompting the launch of FutureAdPro.

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

To date the Zeek Receivership has paid out on claims to over 100,000 Zeek Rewards victims. This includes victims both in and out of the United States.

As defined in the court-approved distribution plan, victims distribution payments have been made via check.

Unfortunately for some non-US victims, they have been unable ‘to locate a financial institution willing to accept such checks‘. This is likely due to Receiver issued checks ‘written in U.S. dollars and drawn on a U.S. bank‘.

As such payments to these victims remain pending.

Seeking to address the issue, the Zeek Receiver has approached the court with a proposal. [Continue reading…]