When uFun Club accountant Namonpan Thara-bundit was caught attempting to flee Thailand for Laos, she told police that she

tried to quit the business after noticing alleged irregularities in UFUN Thailand and claimed she told UFUN Thailand members in her team of her suspicions.

“UFUN Thailand management then got angry. My account at UFUN Thailand has been suspended. I can no longer conduct any transaction or withdraw any money,” she claimed.

Yet Thara-bundit’s actions over the last few months paint a totally different picture. [Continue reading…]

There is no information on the Nos Web India website indicating who owns or runs the business.

The NOS Web India website domain (“noswebindia.com”) was registered on the 23rd of May 2014, listing a “Mukesh Kumar” of “Nos Web” as the owner.

The address provided in the domain registration is based out of India, however it is incorrectly formatted (multiple Indian states are listed instead of an actual address).

This casts a question mark over whether or not Mukesh Kumar, as represented in the Nos Web India domain registration, actually exists.

What we can safely assume though is that Nos Web India is being run out of India itself. In addition to the company name and domain registration, marketing efforts by affiliates primarily appear to target Indians.

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 Rapid Cycler website indicating who owns or runs the business.

The Rapid Cycler website domain (“rapidcycler.com”) was registered on the 14th of April 2015, however the domain registration is set to private.

“Tim Jacobs” is supposedly signing off on Rapid Cycler affiliate emails, however due to the generic nature of the name this is probably not a real person. At least not in the sense that “Tim Jacobs” is running Rapid Cycler.

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…]

Monavie as it stands is but a shell of its former itself.

Mid 2014 saw founders Dallin Larsen, Randy Larsen and Henry Marsh abandon ship, leaving Mauricio Bellora remaining in charge as CEO.

Buying up debt owed to TSG-MV Financing, Jeunesse pretty much purchased Monavie back in March.

Last Wednesday, not even two months later, it was announced that Monavie had defaulted on the debt. Bellora then revealed that

the board intended to agree to a “strict foreclosure.” That meant MonaVie would voluntarily transfer “substantially all” of its assets to Jeunesse.

In effect Jeunesse would absorb Monavie, above and beyond the acquisition advertised back in March:

Under the ownership of Jeunesse, MonaVie will have a strong financial partner offering them an enhanced balance sheet, significant economies of scale and an efficient operational infrastructure to support the company’s growth plan.

With the support of Jeunesse, MonaVie will continue its planned product rollout and international expansion.

Just one problem…

Monavie’s employees and their not wanting to get completely shafted. [Continue reading…]

There is no information on the HappyHour4YourWallet website indicating who owns or runs the business.

Instead, a blurb in the footer of the HappyHour4YourWallet website reads:

Happy Hour 4 Your Wallet / LLC. Owned by members based in several Countries.

The HappyHour4YourWallet website domain was registered on the 24th of March 2015, however the domain registration is set to private.

Alexa currently estimating that approximately 25% of all traffic to the HappyHour4YourWallet website originates out of India, strongly suggesting that might be where its being run out of (Turkey is second at 7.5%).

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…]

If you don’t know who Geosol are, they’re based out Brazil and claim to be

a company that started its activities in the summer of 53 in coal mines, and became a world leader in drilling services.

It is these drilling services that DFRF Enterpises CEO and Founder, Daniel Filho, claims to have previously hired the company to perform. [Continue reading…]

We’d heard rumblings of a meeting between Thai and Malaysian police supposedly taking place either earlier today or yesterday, but as of yet no further news had materialized.

Speaking to Thai media from the Malaysian embassy in Bangkok, Counselor Fauzi Khan Ismail has announced that Malaysia is finally set to begin investigating uFun Club.

About bloody time! [Continue reading…]

There currently no information on the Let Us Close website indicating who owns or operates the company.

The website does have an “about us” blurb, however only the following vague marketing spiel is provided:

LUC Team

The Let Us Close Team is a group of marketers that came together with one purpose: to create the ultimate home business opportunity.

The Let Us Close website domain meanwhile was registered on the 25th of March 2015, however the domain registration is set to private.

Not much to go on… but here’s what else I was able to find. [Continue reading…]

After lying dormant in the MLM sector following the flop of their penny auction model some years ago, Dubli exploded back on the scene mid last year.

Seemingly out of nowhere, I remember being bombarded with requests to review “the new Dubli”, as well as there being a healthy discussion around the opportunity at the time.

Unfortunately upon closer inspection, what we found was a recruitment-driven orgy taking place.

Spearheaded by affiliate leaders who were paid large amounts of money to join, Dubli affiliates paid up to $12,000 and earned commissions when they recruited new affiliates who did the same.

Alas this turned out to be short-lived. Once Dubli’s leaders had made hundreds of thousands of dollars off of the recruitment that took place between August and October, Dubli changed their compensation plan and pulled the ladder up after them.

What came next was a binary-based business model which, as I understand it, tanked.

Just how badly did Dubli’s bait and switch fail? [Continue reading…]

There is no information on the Micro Shares website indicating who owns or operates the company.

The Micro Shares website domain (“micro-shares.com”) was registered on the 13th of June 2014, however the domain registration is set to private.

Whoever is running Micro Shares is likely based out of Russia, with Alexa currently estimating that 75.8% of all traffic to the Micro Shares website originates out of Russia. Neighboring Ukraine accounts for 8.8%.

Also supporting Micro Shares being run out of Russia are the two available language options on the company website, Russian and English.

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…]