Details are sketchy, but from what I’ve been able to put together the SEC filed for a sealed Temporary Restraining Order against USFIA, Steve Chen, Alliance Financial Group, Aborell MGMT LLC, Aborell Advisors LLC, Aborell Reit II LLC, Ahome Real Estate LLC, Amkey Inc, US China Consultation Association and Quail Ranch Golf Course LLC on the 22nd of September.

The TRO was granted by an Arizona District Court Judge on the 28th of September. The case however is still under seal so I don’t have any further details at this time. [Continue reading…]

In mid July BehindMLM revealed Darryle Douglas’ grandiose plan to market his new opportunity, Auction Attics, using the Zeek Rewards affiliate database.

This caught the attention of the Zeek Receiver, whose property said affiliate database is.

A subsequent motion was filed by the Receiver in late August, requesting Douglas (right)

• return any copies of the Zeek Rewards database he has in his possession
• appear for a deposition by the Receiver and
• produce all financial records from November 1, 2011 to the present for his personal and business-related accounts (prior to being deposed)

The Receiver’s motion is part of an ongoing effort to clawback the millions Douglas stole from Zeek victims.

Judge Mullen ruled on the matter back on September 15th, with the future of Auction Attics left in serious doubt. [Continue reading…]

According to the iFunding Connect website, the company was

was established in November 2014 by Cedric McGregor.

Cedric sought to create a unique, effective and proven shared platform where crowdfunders could thrive.

Despite this claim, the iFunding Connect website domain was only registered on the 7th of December 2014.

Furthermore promotion of iFunding Connect only began about a fortnight ago, with corporate iFunding Connect marketing videos going live on September 18th.

iFunding Connect claim to be based out of the US state of Georgia, with McGregor’s LinkedIn profile listing him as the owner of BetterLife Solutions.

According to Georgia state records, BetterLife Solutions was dissolved in 2012.

As per a capture page circa 2013, McGregor was promoting Big Idea Mastermind, which at the time was hitched to the Empower Network.

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

This one totally flew under the radar, but it has come to my attention that Speak Asia’s Harender Kaur is wanted by Interpol. [Continue reading…]

Familia Unitas operate in the online marketing MLM niche.

An address on the company website suggests the company is based out of Michigan in the US, but curiously a contact number in Slovenia is also provided.

Identified as CEO of Familia Unitas on their website is Timothy Saltsman (right).

Past MLM opportunities Saltsman has promoted include Ingreso Cybernetico (recruitment-driven matrix scheme), IQ Life (rebrand of Level9App recruitment scheme) and MMO Cashout (another recruitment scheme) and ProShareExtreme ($1 micro Ponzi scheme).

On his Facebook page Saltsman was talking about launching an opp early this year, but Familia Unitas appears to be his actual first launch.

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

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

The GBD Gift website domain (“gbdgift.com”) was registered on the 15th of September 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…]

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

TheBigHybrid website domain (“thebighybrid.com”) was registered on the 17th of August 2015, however the domain registration is set to private.

Alexa currently estimate that India is the largest source of traffic to TheBigHybrid website domain (25%), suggesting this might be where it’s being operated from.

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…]

Continuing the tradition of Asian-run Ponzi schemes intertwining themselves with lavish displays of ceremony, USFIA recently held a “jewelry queen pageant” in Singapore.

Present at the event appears to be someone of significance who, following in the footsteps of John Wuo before him, handed out oversized checks for hundreds of thousands of dollars to USFIA’s top GemCoin investors: [Continue reading…]

Following claims by Sann Rodrigues’ lawyers that he can’t speak English, the SEC have filed their response.

They’re not too happy. [Continue reading…]

Last we checked in back in April, a defense lawyer was attempting to delay criminal TelexFree proceedings till June next year.

Two of TelexFree’s founders, James Merrill and Carlos Wanzeler, stand accused of operating a $1.8 billion dollar Ponzi scheme.

We’re not sure whose lawyer requested the delay, but we do now have a definitive trial date for one of the accused. [Continue reading…]