There is no information on the Your Web Base website indicating who owns or runs the business.

The Your Web Base website domain (“yourwebbase.com”) was registered on the 31st of July 2015, however the domain registration is set to private.

Further research reveals the email address attached to the “email us” section of the Your Web Base website was used by the RE247365 affiliate “R&P Marketing”:

RE247365 was a recruitment driven scheme launched about a year ago. Amid claims of $580,000 in fraud and $300,000 locked in frozen funds, the scheme collapsed shortly after launch.

According to Nevada state records, R&P Markteing’s business registration license expired earlier this year in April.

The sole listed “Officer” of R&P Marketing is Joshua Matheney, ergo Matheney is likely the owner of Your Web Base.

Why this information is not presented on the Your Web Base website is a mystery.

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

Accusing him of making a mockery of an asset-freeze currently in place, last month the SEC requested Sann Rodrigues be sent back to jail for contempt.

Rodrigues filed his response last Friday and, among other things, is now claiming he doesn’t speak English… [Continue reading…]

Aside from claiming to be based in the UK, there is no information on the Kairos Technologies website indicating who owns or runs the business.

A Google search of the provided UK address reveals multiple businesses operating out of the same address, suggesting that it is a rented mailing address.

A “US Representative Office” address is also provided on the Kairos Technologies website, however this address belongs to iCorporate.

On their website iCorporate advertise corporate registration services both in the US and offshore.

For all intents and purposes, Kairos Technologies would appear to exist in the UK and US in name only.

The Kairos Technologies website domain (“kairosplanet.com”) was registered on the 18th of June 2014, however the domain registration is set to private.

Further research reveals a Kairos Technologies marketing video, identifying Janni Cavassini as the CEO of the company.

Why Cavassini’s name does not appear anywhere on the Kairos Technologies website is unclear.

On his LinkedIn profile, Cavassini credits himself as “Head of investments at Kairos Technologies”. Cavassini also lists his location as Dubai in the UAE, which is likely where Kairos Technologies is infact being operated from.

Possibly due to language barriers, I was unable to trace any MLM history of Cavassini’s prior to Kairos Technologies.

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

There is no information on the BitCoin All Access website indicating who owns or runs the business.

The BitCoin All Access website domain (“bitcoinallaccess.com”) was registered on the 4th of August 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 the 247 Money Club website indicating who owns or runs the business.

The 247 Money Club website domain (“247money.club”) was registered on the 23rd of July 2014, with an “Edward Jason Beatty” of “World Of Products & Communications” listed as the owner. An incomplete residential address in the US state of New Jersey is also provided.

Edward Beatty was previously an affiliate with Xplocial, a collapsed $29-$100 a month cash gifting scheme launched in 2013.

World of Products & Communications meanwhile are tied to a number of failed real estate classifieds website attempts.

Read on for a full review of the 247 Money Club MLM business opportunity. [Continue reading…]

When multiple financial institutions began shutting down TelexFree’s banking accounts, Jim Merrill turned to his brother, John Merrill.

As President of Fidelity Cooperative Bank, John Merrill was certainly in a position to help his brother. And help him he did, with TelexFree granted permission to open three bank accounts with Fidelity in 2013.

After regulators shut down TelexFree for being a $1.8 billion dollar Ponzi scheme, Fidelity Cooperative came under scrutiny for its role in enabling Ponzi fraud.

To their credit Fidelity Cooperative did eventually ask TelexFree to close their accounts, but after five months the damage had been done.

TelexFree went on to secure bank accounts with other financial institutions but for its part in the Ponzi scheme, Fidelity Cooperative reached a settlement with the court-appointed Receiver for $3.5 million dollars.

The settlement was announced almost a year ago, but it was only last month that $2.9 million of it was returned to TelexFree victims.

Now in a move seemingly seeking to completely distance itself from TelexFree’s financial fraud, John Merrill will soon find himself unemployed. [Continue reading…]

The single-biggest takeaway from the Vemma preliminary injunction order was the correlation of affiliates self-funding commission qualification.

This wasn’t just a Vemma issue, it’s patently widespread throughout the entire MLM industry. 

Following the Vemma preliminary injunction, what could follow is the biggest MLM compensation plan shakeup we’ve seen in years.

Or not. [Continue reading…]

You’ve read the opinions, you’ve read the mostly one-sided accounts of what went on at the September 15th preliminary injunction hearing, you’ve seen Vemma’s CEO declare god is on his side all week…

Now let’s take a look at the facts.

The whole purpose of the September 15th hearing was to have the court examine

whether the FTC has still met its burden to show that it is likely to succeed on the merits of its claims against Defendants and the balance of equities tips in its favor, in light of the arguments and evidence presented by Defendants.

Or in other words, did the FTC’s initial arguments hold up under scrutiny (provided via Vemma’s legal defense)?

The FTC charged Vemma were in operation of an illegal pyramid scheme and guilty of false and misleading representations. [Continue reading…]

Enagic operates in the water purification MLM niche and are based out of the US state of California.

On their website Enagic trace their origins back to June 1974, which is when they claim

Sony’s specialty trading operation, the precursor of Enagic, began operations in Okinawa, Japan.

January 2003 appears to be the year Enagic went full-scale MLM, with the company opening its first office in the US.

Heading up Enagic in the US Hironari Oshiro (right), who serves as President and CEO.

Details on Oshiro are sketchy, with Enagic using his corporate bio to instead market the company itself.

As per an Enagic marketing document I found,

In 1974, Mr. Hironari Oshiro owned an exclusive Sony Dealership.  In 1988 he changed the name of his company to Enagic Co., Ltd.

In 2001 he acquired 30‐year‐old Toyo Aitex, recognized as Japan’s highest quality and most reliable water ionizer manufacturer, manufacturing the unit in Japan as Sanastic.

Why this information isn’t presented on the Enagic website is unclear.

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

Despite denials from USFIA that they are running the GemCoin Ponzi scheme, video footage has emerged clearly suggesting otherwise. [Continue reading…]