Disrupt first popped up on BehindMLM’s radar back in late April.

With the dust barely settled on WakeUpNow’s collapse not even three months earlier, we were somewhat surprised to learn of plans to launch a new opportunity.

Since then, more information has come to light about the Disrupt opportunity and so today we take a deeper look into what’s happening.

Is Disrupt merely a WakeUpNow clone confined to the same fate, or is the business truly going to be different this time around?

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

Who didn’t see this one coming…?

On May 8th Daniel Filho appeared in a DFRF Enterprises marketing video and promised to publicly disclose DFRF’s entry into the US stock market;

[5:44] Now that the company is already public, I’m sure you have a lot of people enquiring and uh asking you as to what is the stock symbol and what stock exchange is this trading on?

[5:56] We are withholding this information till June 3rd, in order to protect the value and also the entire project.

Hours ago DFRF published a new marketing video, titled “Stock Market, Operational System and Debit Card”.

Despite the video running for twelve and a half minutes however, none of what Filho promised on May 8th was revealed. [Continue reading…]

Mid-May we reported on uFun Club investor Nicolas Giannos schmoozing with the Samoan government and Central Bank of Samoa.

Giannos and a Samoan female friend touched down in Samoa in early May, and over the next few weeks gave uFun Club presentations before the Central Bank Governor, the Samoan Deputy Prime Minister and even the Prime Minister.

Giannos (right) claimed the aim of the presentations was to “introduce uFun Club”.

Armed with a ‘a letter signed by a Samoan Cabinet Minister, endorsing (uFun Club) and encouraging people to support it‘, Giannos quickly began recruiting locals into the scheme.

When exactly he started is unclear, but by the end of May Giannos had solicited over one hundred thousand dollars in uFun Club investment.

In late May Giannos began to transfer the proceeds of his month of scamming in Samoa back to the UK.

The first transaction was made successfully, the reports said. The second transaction which was about to be made within a few days, was more than $100,000.

It was this second transaction that caught the attention of authorities. [Continue reading…]

We’d earlier received reports that the FBI were investigating uFun Club, and can now confirm as much.

That the FBI and Australian authorities are investigating uFun Club was revealed at a press-conference, following the arrest of two more uFun Club suspects in Thailand. [Continue reading…]

Yesterday saw Thai police close off the window in which uFun Club victims could file complaints, with the last few days seeing the number of individual investors with claims top two thousand plus.

Combined, uFun Club victims in Thailand are claiming $8.5 million USD in losses.

The above was revealed yesterday at a press-conference held by police, with police chief Pol Lt-General Suwira Songmetta also providing details on the upcoming regulatory cases. [Continue reading…]

WeShare Crowdfunding (stylized as “We$hare Crowdfunding”) identify James C. Hill as the company’s Founder.

Under the pseudonym “J.C.”, Hill was named a “principal” of OneX by the SEC back in 2012.

OneX was a matrix-based pyramid scheme which fed participants into QLXchange, a shady investment feeder scheme.

Last year Hill (right) launched Gold Crowdfunding, which WeShare Crowdfunding appears to be a reboot of (the Gold Crowdfunding website domain redirects to WeShare Crowdfunding).

Gold Crowdfunding saw affiliates pay $10 to join, and then participate in a seven-tier cash gifting scheme.

Cash gifting schemes require a constant supply of new participants entering in at the bottom of the scheme, the failure of which likely caused Gold Crowdfunding to collapse.

Looking to salvage what was left of Gold Crowdfunding, Hill appears to have rebranded the opportunity WeShare Crowdfunding and relaunched.

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

Following the breakdown of negotiations that would see some $9 million in stolen Ponzi funds recovered, last December the Zeek Rewards Receiver took the matter to court.

In response to the Receiver’s filing, NxPay continued to dispute the funds belong to the Receiver, arguing that

a summary proceeding under the Agreed Order is not the appropriate way to make this determination.

NxPay would have the Receiver file a separate action against NxPay such that NxPay would have a full and fair opportunity to present their claims and defenses.

Yesterday saw a Judge acknowledge those concerns, but ordered the payment processor to surrender the $9 million in question anyway. [Continue reading…]

As the Chengdu shebang nears and uFun newsletters tout scrapping worthless uTokens for pre-IPO shares in shady ventures nobody seems able to verify, plenty more dodgy is going on within the uFun investor-base.

The latest saw an affiliate desperately trying to cover her tracks, by way of a story that failed to add up. [Continue reading…]

In late August 2014, almost a year ago now, the Australian Competition and Consumer Commission sued Lyoness for being a pyramid scheme.

To date updates on the progress of the case have been scarce, so today we’re taking a look at where things are currently at. [Continue reading…]

In a press-conference discussing the involvement of Thai singer Sukrit “Bie” Wisedkaew in uFun Club, her manager claimed she had nothing to do with the scheme.

Bie’s manager

told police that a photo of Bie and a man nicknamed “Boy”, who was a senior alumni classmate of Bie’s friend, was taken in February or March.

Pethai said Bie met with Boy at a shopping mall to hear about UFUN and was asked to be in a picture with him.

The photo first appeared on Boy’s Facebook page along with a message advertising UFUN.

Pethai said she urged Boy to delete the post.

When the UFUN scandal broke, the photograph reappeared but she couldn’t contact Boy.

She said the singer had nothing to do with UFUN.

Bie is the latest public figure to be associated with uFun Club, with an invitation to a uFun event, followed by a pitch and photo-op a story we’ve seen emerge multiple times over the past few weeks.

Most public figures sensed something was up and didn’t invest, however a few did and so each is being interviewed by Thai police.

What caught my attention though wasn’t that Bie seemingly had no involvement in uFun Club, instead it was Assistant national police chief Lt-General Suwira Songmeta announcing a criminal case report will be filed within a fortnight. [Continue reading…]