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…]

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

The Cornucopia Network website does have an “about us” page, but only the following vague marketing spiel is provided:

Cornucopia Network is a relativly (sic) young company offering many web solutions such as Hosting and Web Design and Build through our sister company.

No further information about the “sister company” is provided.

The Cornucopia website domain meanwhile was registered on the 20th of January 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…]

The Advertising Net initially launched as an article directory attached to a ten-tier matrix cycler.

Operating as a Ponzi scheme, The Advertising Net required a constant influx of new affiliates to purchase matrix positions.

That of course didn’t happen, and so The Advertising Net eventually crashed.

Now with a new compensation plan, The Advertising Net was relaunched earlier this month.

Read on for a review of The Advertising Net v2.0. [Continue reading…]

The 22K Collective website domain (“22kcollective.com”) was registered on the 14th of March 2015, however the domain registration is set to private.

There is no information on the 22K Collective website indicating who owns or runs the business. Infact, should you visit the 22K Collective website without an affiliate referral link, there’s not much of anything on the site:

Further research reveals a press-release uploaded by “Tidom Inc” on May 15th, naming Scott Miller as the owner of 22K Collective:

22K Collective launched its new website marketing Tidom Inc. in (a) small press meet here today.

Owned by Scott Miller, the company is offering the most successful business opportunity of the 21st century.

Scott Miller himself uploaded the press-release, indicating he is running both Tidom Inc. and 22K Collective.

Back in 2013 Miller (right) was heavily involved in the $1.8 billion dollar Ponzi scheme, TelexFree.

Miller was a prominent US-based investor, speaking on stage when TelexFree held corporate recruitment meetings in the US.

Following the shutdown TelexFree by the SEC in early 2014, Miller promptly began deleting and attempting to cover up his TelexFree promotional activity:

How much Miller stole from TelexFree victims is unclear. After the shutdown he signed up as a MyNyloxin affiliate (revenue-sharing), but that doesn’t seem to have lasted long.

Now, just over a year after TelexFree’s shutdown, Miller has decided to get back into MLM by launching the 22K Collective.

Read on for a full review of the 22K Collective MLM business opportunity. [Continue reading…]

The arrest of Rathawit Thiti-arounwat last month continues to pay off, with two new warrants issued for investors in the “same network” of uFun Club investors.

The network refers to the affiliate downline genealogy Thiti-arounwat belonged to which, given the attention its receiving from police, appears to be one of the largest groups promoting uFun Club in Thailand. [Continue reading…]

A raid on a UDBP Bank branch in Thailand has uncovered that the Vanuatuan institution, who were not registered to operate as a bank in Thailand, was being used by uFun Club to accept deposits directly from Chinese investors.

So far it has been uncovered that around 8000 Chinese uFun Club investors had deposited around $8.7 million USD with the bank. uFUn Club then used UDBP Bank accounts to launder the funds off to Malaysia and Vanuatu.

In response to the development, China has now officially joined the international uFun Club investigation. [Continue reading…]