Following news that the Malaysian Securities Commission have listed uToken and uToken Mutual Fund on their blacklist, now it appears things are well and truly heating up in Malaysia. [Continue reading…]

As Thai police continue their investigation into uFun Club, new details have emerged on how uFun investors laundered money out of Thailand.

uFun Club management might have been laundering through a complex network of banks tied to the Pacific, but for their investors it was a far more simple affair.

Get suckers to deposit funds into a bank account, withdraw funds, strap said funds onto your body and… hope to hell you aren’t stopped by border patrol. [Continue reading…]

There is no information on the Infinity 100 website indicating who owns or runs the business.

The Infinity 100 website domain (“infinity100.com”) was registered on the 25th of June 2009, however the domain registration is set to private.

Further research reveals the Infinity 100 domain to be using the name-servers of the National Wealth Center domain (right).

National Wealth Center (NWC) was a $25-$100 cash gifting scheme launched by Peter Wolfing, originally launched as “The Infinity Downline” in 2009.

The scam has since collapsed, with the NWC domain currently parked on a maintenance page:

With Infinity 100 using NWC’s name-servers, it’s a given that Peter Wolfing owns the company.

Supporting this is the fact that Wolfing has given himself the Infinity 100 affiliate ID “master”:

Wolfing (right) first appeared on BehindMLM’s radar back in 2012, as the admin of Turbo Cycler ($200-$1000 matrix-based Ponzi scheme).

Since then we’ve also reviewed two more of Wolfing’s opportunities, Business ToolBox and Ultimate Cycler, two similar matrix cycler Ponzi schemes launched in October 2014.

Read on for a full review of the Infinity 100 MLM business opportunity. [Continue reading…]

Passive Earner was initially launched in late 2014 by admin Brian Basser.

A Ponzi pyramid hybrid, Passive Earner’s business model saw investors promised ROIs through shares, with recruitment commissions paid to keep the scheme alive.

In response to concerns raised about Passive Earner being a Ponzi scheme, Basser answered (comment #14 in the link above):

My legal and tax advisers have explained to me that is perfectly legal to sell shares in my company in exchange for an equity position. No filing with the SEC is required.

Alexa traffic estimates reveal that Passive Earner went into decline shortly after launch:

A lack of ongoing new affiliate investment would see Passive Earner collapse so, in an effort to put that off a little while longer yet, Basser has launched “Surf Cycler”.

SurfCycler is an exclusive advertising and cash machine for use by Passive-Earner.com members!

By earning and collecting tokens at Passive-Earner, members are able to transform them into real cash and traffic!

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

Details on 7 Levels Private Leveraging Community (abbreviated as 7Levels PLC) are sketchy.

From what I’ve been able to put together, the scheme operates without a website – however the backend matrix is obviously tracked via a script.

7Levels PLC affiliates recruit new investors via Google Forms, which are then fed to the owner(s) of the scheme, with communication tracked via a private Facebook group.

New affiliates are required to submit their Facebook accounts in these forms, which are them presumably vetted by those running the scheme.

In essence, 7 Levels PLC functions as scheme being run through Facebook – but by who is not clear.

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 AdMaximo website indicating who owns or runs the business.

The AdMaximo website domain (“admaximo.net”) was registered on the 26th of March 2015. “Walter Watson” is listed as the domain owner, however the rest of the registration details are private.

Further research reveals AdMaximo affiliates citing Walter Watson as the owner of the business:

The admin is Walter Watson from Sweden. Walter is a self employed entrepreneur who has lots of experiences in the big offline MLM companies as well as online advertising he has been part of for long time.

Trouble is outside of promotion of AdMaximo, Walter Watson doesn’t appear to exist.

Furthermore, the original domain registration details for the AdMaximo domain listed a fake address in Spain (right).

Meanwhile a Facebook group titled “AdMaximo Company’s Official Group” was created by a “Simon Derman” on the 4th of May. This group is linked to from the AdMaximo website itself.

Walter Watson however is not a member of the group. Derman, along with Marius Pedersen however are the primary contributors to the group (promoters):

Pedersen first popped up on BehindMLM as the face of DigAdz, a now-collapsed Ponzi scheme that offered 150% ROIs on $1 investments.

Like AdMaximo, the admin details of DigAdz were murky. Initially all we had to go on was the alias “beejay”, who was later revealed to be “Songphon Phapatha”. Phapatha purportedly lived in Thailand and was running DigAdz.

Prior to DigAdz Phapatha ran the Ponzi scheme AdBonuz (in which Marius Pedersen was also an insider investor).

Simon Derman meanwhile was also a DigAdz investor.

Whether or not AdMaximo is DigAdz v2.0 is unclear, but what we do know is that at some point, the IP addresses of the servers hosting AdMaximo and DigAdz intersected (they are now hosted on diferent machines):

What also know is that back on the 18th of April Pedersen wrote on his Facebook profile;

$$$$ 2 Exciting Projects Coming Soon! $$$$

And then on the 30th of April he wrote:

New Revshare Program, built for long term business, starting Prelaunch May 4th, have you subscribed my newsletter to get information?

A few days later AdMaximo went into prelaunch.

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 ProAdzCycler website indicating who owns or runs the business.

The ProAdzCycler website domain (“proadzcycler.com”) was registered on the 4th of April 2015, however the domain registration it set to private.

Further research reveals the following written in the ProAdzCycler Terms & Conditions:

Under no circumstances should anything found on this site be considered or construed as an offer to sell securities or a solicitation to invest in Revers2click.

Although spelt incorrectly in the AdzProCycler T&C, Reverse2Click was a Ponzi scheme that advertised 125% ROI on $39 investments, paid with subsequently invested funds.

Launched in February of this year, Reverse2Click collapsed less than two weeks after launch.

Before the month was out, Reverse2Click investors on social media were claiming the same admin had also run HeavenPaid:

Guys to be honest heavenpaid admin is the owner of this site plus there emails ads and update are 100% similar to R2C.

Right now there pay selective withdraw there block members account that file dispute.

HeavenPaid was another Ponzi scheme launched in late 2014 (November). The scheme promised 130% ROIs on $29 investments and had collapsed around mid-December.

This fits in with ProAdzCycler claiming on their website that the company is being run by an “experienced admin team”. It’s also worth noting that all three opportunities are hosted with the same hosting company, Zama Host.

Zama Host are advertised as “a unit” of Maksa Web Solutions, a hosting company based out of Gujarat, India.

Meta keywords used to describe Zama Host include the company claiming it offers the “best HYIP Hosting”:

“HYIP” of course referring to “high-yield investment programs”, otherwise known as Ponzi schemes.

Whether or not Zama Host and Maksa Web Solutions themselves are behind ProAdzCycler is unclear, but at the very least the company has no qualms marketing directly to fraudulent investment schemes.

In any event, with two confirmed collapse Ponzi schemes under their belt and who knows what else before that, this “experienced admin team” are now trying their luck again with ProAdzCycler.

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…]

Another four uFun Club investors arrested today, after they were caught trying to launder uFun Ponzi funds out of Thailand and into Malaysia.

For whatever reason, it appears Thai uFun affiliates who heavily profited from the scheme believe they’re likely better off in Malaysia. [Continue reading…]

What happens when a uFun Club investor’s only source of information is the misleading rubbish being fed to them by uFun Club management and top investors?

They get on social media and parrot what they’ve been told, rally other uFun Club investors to “rage against the machine”, inadvertently find themselves promoting Ponzi investment fraud in doing so and… eventually the law catches up with them.

So found Natthawat Boonpha, who was arrested yesterday for his part in promoting uFun Club and circulating misleading information. [Continue reading…]

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

The GlobalHarvestAds website domain (“globalharvestads.com”) was registered on the 3rd of May 2015, 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…]