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

The Passive Rebate website domain (“passiverebate.com”) was registered on the 5th of December 2014, however the domain registration is currently set to private.

Further research reveals the initial Passive Rebate domain registration listed a “Sham Awan” as the owner, with an address in Somerset, England provided.

I wasn’t able to find any additional information on this individual.

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 BeWise Trader website indicating who owns or runs the business.

The BeWise Trader website domain (“bewisetrader.com”) was registered on the 24th of April 2015, however the domain registration is set to private.

An address in London is given on the BeWise Trader website, however this is just virtual office space (a mailing address) owned by Regus.

One thing I noticed in researching BeWise Trader is that a number of affiliates mention it was formerly known as GooBets:

GooBets was run by Miguel Carvalho and Augusto Queiroz (a former investor in the Brazilian Ponzi scheme MultiClick), with a search revealing Carvalho is involved in BeWise Trader:

GooBets was a Ponzi scheme launched earlier this year, promising investors weekly ROIs of up to 31% on investments of up to $1350.

The scheme appears to have collapsed sometime after launch, with the GooBets website offline at the time of publication.

With Carvalho confirmed to be involved in BeWise Trader, it would indeed appear to be a relaunch of GooBets.

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

Following regulatory action against World Ventures in Norway last year and Malaysia declaring it an “illegal business” a few months ago, now news that World Ventures is under criminal investigation in Jamaica. [Continue reading…]

With over ten countries actively investigating the scheme, problems with payment processors and the scheme likely appearing on a number of financial fraud alert lists – day to day operations at uFun Club have ground to a halt.

The latest blow saw investors formed that the new backoffice platform, which was supposed to be launched on the 15th, had been “delayed until further notice”.

Now, under the name “Unascos”, it appears uFun Club are looking to rebrand themselves. [Continue reading…]

A number of streambox MLM companies have launched in the last few months, all marketing on the idea that customers can cancel their cable TV bill and instead access unlicensed content through the internet.

The streambox these companies sell make this possible, with the companies themselves selling the boxes preloaded with the required software and plugins.

Kodi is the software of choice used, with third-party plugins bundled with the streamboxes.

It is these plugins that have landed Kodi in hot water with Amazon, with the retail giant today removing Kodi from their app store. [Continue reading…]

Last weekend there was supposed to be some sort of uFun Club event taking place in Chengdu, China.

Despite it being almost mid-week, details of what this event actually was have remained sketchy.

What we can reveal today is that following the publication of photos of event taking place, that it appears to have had nothing to do with uFun Club. [Continue reading…]

Hopes that the TelexFree criminal trial might get underway in June were optimistic, with production and analysis of discovery continuing to delay scheduling.

The latest rescheduling motion will now see the next status conference take place in August. But that’s not to say things haven’t progressed. [Continue reading…]

The latest country to begin investigating uFun Club is Indonesia, with Indonesian police today meeting with their Thai counter-parts.

The meeting came about after it was widely publicized that uFun Club had purportedly invested in an Indonesian nickel mine. [Continue reading…]

Lyoness’ Wikipedia entry was created on November 18th, 2009. It read:

Lyoness is an independent international shopping community, linked by a single country- and sector-spanning customer card that enables Lyoness customers to get their “money back with every purchase” benefit.

Hubert Freidl took up this inspired business idea, and many business partners soon joined him. In July 2003, he established the Lyoness Holding Europe AG. Today, Hubert Freidl is the CEO of Lyoness Holding Europe AG. He inspires the company and is its driving power.

On the 9th of December the entry was removed altogether, with the reason given that Lyoness was not notable enough to warrant its own Wikipedia page.

In January 2012 the entry was recreated, with a short statement and link to Lyoness’ corporate website:

Lyoness is an independent international shopping community extending across economic sectors. Hubert Freidl founded Lyoness in July 2003.

Today he is the CEO of Lyoness International AG and spearheads ideas as the driving force in the company.

That entry was nuked four days later due to ‘spam-like changes with notability issues‘.

Another entry was attempted a year later in March 2013, but was once again nuke citing Lyoness’ lack of notability.

In June 2013 someone calling themselves “Lyoness Expert” created another entry, and this time it stuck. [Continue reading…]

A “Gerhard” is credited as Founder and CEO of Fast Perpetual Cash Cyclone on the company’s website.

The Fast Perpetual Cash Cyclone website domain registration reveals this to be Gerhard Rempel.

The domain itself (“fastperpetualcash.com”) was registered by Rempel on the 23rd of April 2015, using an address in Manitoba, Canada.

Rempel (right) first appeared on BehindMLM’s radar back in 2013, as co-owner of Belizers.

Belizers, now long since collapsed,  saw affiliates invest between $10 and $25 on the promise of an advertised 150% ROI.

According to Rempel’s Facebook profile, he’s still living in Belize. Why he registered the Fast Perpetual Cash Cyclone website domain with an address in Canada then is unclear.

In addition to Belizers, other opportunities Rempel has advertised on his Facebook profile include PM RevShares (reboot of Hourly RevShare Ponzi scheme), Automatic Mobile Cash (app market Ponzi scheme), Tsu (social network) and Flip Your Profits (Gerhard launched this himself in January 2015, appears to be a collapsed revenue-sharing scheme).

In 2014 Rempel launched United Group International, which saw affiliates gift payments of $10 to existing participants.

Further research reveals Rempel also having advertised Empower Network and x100K (matrix-based Ponzi scheme).

Read on for a full review of the Fast Perpetual Cash Cyclone MLM business opportunity. [Continue reading…]