Back when we first reviewed Global Coin Reserve, it was little more than a continuation of Robert Corriveau’s previous matrix-based recruitment schemes.

That was back in September 2014. What with Corriveau ousted earlier this year, rumblings of the GCR coin launching and a name change to Global Currency Reserve, we figured it was time to revisit the GCR opportunity. [Continue reading…]

A few weeks ago information surfaced about an upcoming Unascos opening gala, to be held in Melbourne, Australia on August 1st. A “signing ceremony” for an unnamed Australian nickel mine was also advertised to take place the day after.

The announcement, purportedly from uFun Club management, was billed as an “Incentive Australia Trip“.

Originally planned to take place between July 31st and August the 4th, a new communication advises a delay until October. [Continue reading…]

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

The Adikas website domain (“adikas.us”) was registered on the 24th of February 2015, with an “Adika Michael” (below right) listed as the domain owner. An address in Oyo, Nigeria is also provided.

Far be it from me to comment on stereotypes, but Michael Adika’s Facebook profile reads like something you’d expect from someone in Nigeria:

7th August, 2014: Hello, I will like to help those who want to help them self now. I have a per day income software, the software pay $100 daily.

19th September, 2014: This is the Best way to earn $50 without investing, or reffering (sic). It only takes 2-3 hours to earn.

29th November, 2014: Turn $5 to $10 within 2 hours payment accepted: Payza, Ego pay, Perfert (sic) Money, Solidtrustpay.

16th December, 2014: Part Time Work For Serious People Earning Potential = $ 5000 per month. Steps 1. Get $5…

16th December, 2014: JOB VACANCY FOR PART TIMERS AND FULL TIMERS.

JOB DETAILS: Copy and paste Username and Emails

27th December, 2014: DO YOU KNOW YOU CAN EARN $500 DAILY WITH THIS THREE SYSTEM ? NO BE JOKE OO, ITS REAL.

January 19th, 2015: BEST DOUBLER PACKAGE

Turn $1.50 to $10 above Hourly

January 24th, 2015: <<<====Double your $1.50 Hourly====>>>

Let me teach you how to Double $1.50 Hourly, you only Needs $1.50 to get the software and the Set up.

February 16th, 2015: Lets Teach you to Earn $200 per Day Just with $3.

Advertisements for Adikas first appeared on Adika’s profile on the 6th of March, 2015.

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

Last month Amazon removed the popular plugin Kodi from its app store.

When combined with third-party plugins, Kodi is easily the platform of choice among stream box sellers.

Now the crackdown continues, with news of UK police raiding sellers of stream-capable piracy boxes. [Continue reading…]

At an initial appearance hearing held yesterday in Charlotte, North Carolina, Kristine Johnson formally plead guilty to one count of wire fraud.

The court accepted Johnson’s plea, with sentencing still to come. [Continue reading…]

Not too happy with being detained after posting bail in the visa fraud case against him, Sann Rodrigues has requested the court order his release. [Continue reading…]

With a July 2nd show cause deadline looming, Troy Barnes has written to the court in an attempt to explain himself.

Barnes fell foul of  the court for having thus far failed to participate in the SEC’s civil case against him.

As such a warning was issued directing Barnes to show cause by July 2nd. In his response, the court expected Barnes to explain why he was not present at a June 3rd status conference, and why he should not be held in contempt.

In a handwritten letter dated June 22nd, Barnes submitted his response. [Continue reading…]

At a bond hearing last Friday Sanderley Rodrigues coughed up $200,000 for bail.

Then, if reports out of Brazil are to be believed, on Monday Rodrigues was promptly arrested again.

Ouch… [Continue reading…]

Following a series of delays, a final preliminary hearing was held today in the Samoan uFun Club Ponzi case.

Three individuals were arrested earlier this month, who now face “at least 7 charges of obtaining by deceit” in a case before the Samoan Supreme Court.

After heavily promoting uFun Club in Samoa throughout May, funds invested by locals and businesses were marked for transfer out of Samoa. The total amount of funds Samoans have invested into uFun Club is believed to be close to a million dollars.

This caught the attention of the Central Bank of Samoa, who promptly began an investigation.

That lead to the arrest of Nicolas Giannos, Rosita Stanfield and an unidentified seventy-four year old local pastor.

The trio plead not guilty earlier today, with a hearing seeing questions about the case against them raised. [Continue reading…]

Often one of the casualties of the MLM underbelly is that of charity.

With less than legitimate business models, MLM underbelly opportunities often seek to artificially create legitimacy through charitable association.

Typically an MLM opportunity will either directly set up an organization themselves as a charity make donations to third-parties.

OneCoin is one such example, having set up the One World Foundation through which its charitable donations are made. [Continue reading…]