There is no information on the Micro Shares website indicating who owns or operates the company.

The Micro Shares website domain (“micro-shares.com”) was registered on the 13th of June 2014, however the domain registration is set to private.

Whoever is running Micro Shares is likely based out of Russia, with Alexa currently estimating that 75.8% of all traffic to the Micro Shares website originates out of Russia. Neighboring Ukraine accounts for 8.8%.

Also supporting Micro Shares being run out of Russia are the two available language options on the company website, Russian and English.

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 Excelerated Leverage website indicating who owns or runs the business.

The Excelerated Leverage website domain (“exceleratedleverage.com”) was registered on the 18th of February 2015, however the domain registration is set to private.

Further research reveals an individual going by the name of “Lance” on social media, who claims to be the admin of Excelerate Leverage.

This individual links to an official Excelerated Leverage Facebook group, with eleven individuals listed as admins.

One of those admins is “Lance Locke”, who appears to be the owner/admin of the company.

In his efforts to market Excelerated Leverage, Locke shares some other opportunities he’s been involved in:

I was also a member of JustBeenPaid and Wealth4All. I made incredible money in both. Since you are already familiar with the W4All business model, you already know how  incredible it is.

I’ve adopted the same business model, but with out all of the mistakes that they made.

JustBeenPaid was a Ponzi scheme that’s gone by a few names. Everytime funds ran out to pay new investors with they simply changed the name of the scheme.

The JustBeenPaid iteration of the scam was prolific in 2010. It collapsed in early 2011 and was renamed JSS Tripler.

The scheme is still kicking around today under the name Ad Click Xpress, offering investors a 4% daily ROI on investments.

Wealth4All refers to Wealth4AllTeam, a Ponzi scheme launched in mid-2012. Wealth4AllTeam collapsed shortly after launch, with it also being relaunched under a number of different names (Primus Hub, Wealth4AllTeam v2, AdRevWorld and Crowd4x).

Like the original, none of the Wealth4AllTeam reboot schemes lasted very long.

According to Lance Locke (right), it is these two schemes that Excelerated Leverage is modeled on.

Other schemes promoted on Locke’s Facebook profile include Achieve Community ($3.8 million dollar Ponzi scheme shut down by the SEC earlier this year), MyFunLife (travel recruitment scheme), Race Cycler (matrix cycler Ponzi scheme) and uFun Club (uToken Ponzi points scheme).

I’ve lost plenty of money in passive programs and I know for a fact that many of you have also. Well my friend…..those days are over!

Likely having lost money in most of the above ventures, Locke has now launched Excelerated Leverage.

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

We’d only just reported that the Zeek Rewards Receiver was looking to ‘to file lawsuits against foreign net winners in additional countries during the second quarter of 2015‘.

Little did we know that meant clawback bombs would be dropped across eight countries within a week. [Continue reading…]

Modeled on the Zeek Rewards Ponzi points business model, OneCoin are currently doing everything they can to divert attention away from the inner workings of their compensation plan.

Of late these efforts have focused on spammy press-releases and what appears to be paid advertorials in other MLM blogs that inhabit our niche.

One particular distraction being pushed is the purported appearance of OneCoin co-founder Ruja Ignatova gracing the cover of an upcoming edition of Forbes magazine.

When one of our readers decided to take a closer look into the matter, they found out that not all is as it seems. [Continue reading…]

In what appears to be the result of the first confirmed regulatory investigation into DFRF Enterprises, the British Columbia Securities Commission has issued an investor fraud warning.

In an alert issued on May 6th, the Commission warned the general public ‘not to purchase memberships or other securities of DFRF Enterprises LLC, DFRF Enterprises Ltd., or other companies associated with Daniel Fernandez Rojo Filho.‘ [Continue reading…]

Everyone has to pay taxes… even Ponzi schemes.

Yet despite telling their investors they were setting aside funds to do so, turns out uFun Club failed to pay a cent to Thailand’s Revenue Department. [Continue reading…]

If you’re wondering why there hasn’t been an MLM cryptocurrency established in the US yet, it’s because it’s much easier to get away with running a Ponzi scheme in countries where financial regulation isn’t up to scratch.

Do I mean to say that every cryptocurrency is a Ponzi scheme? Hardly, but I’ve yet to see one MLM cryptocurrency business pass compensation plan analysis.

OneCoin and uFun Club are two of the primary players in the niche at the moment, with both running questionable business models.

Both see affiliates invest real funds, which are then converted into Ponzi points (OneCoin tokens and uTokens respectively), which are backed by nothing more than invested affiliate funds held in reserve.

Both schemes are currently heavily targeting South-east Asia, whilst steering well clear of tighter regulatory environments such as that of the US.

And anyone who thinks that isn’t by design is delusional.

Yesterday saw the Ripple Labs fined $700,000 and subjected to additional penalties, for failing to register with FinCEN and establish and maintain an adequate anti-money laundering program.

And this is precisely what MLM cryptocurrency companies will be up against if they venture into the US. [Continue reading…]

The trouble with recruitment-driven schemes is that they rarely survive the two-year mark.

For whatever reason, two years is about the time an MLM opportunity dependent on recruitment begins to falter, if not collapse completely.

Those that survive are usually modified from their initial launch, either by tinkering with the compensation plan, adding something or rebooting the scheme altogether.

In the case of DS Domination, we saw talk about Options Domination surface towards the end of 2014.

The idea behind Options Domination was clearly to sign up DS Domination affiliates to a binary options platform and relive the opportunity’s initial momentum.

How that’s coming along now that Options Domination has launched, I have no idea. But today Roger Langille, one of co-founders of DS Domination unexpectedly bail.

A sign all is not well in the DS Domination camp or just a change of the guard?

Unfortunately Langille’s explanation to the field was sorely lacking in the information department. [Continue reading…]

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

The WinBeSurf website domain (“winbesurf.com”) was registered on the 28th of March 2015, with a “Jean Kangha” listed as the domain owner. An address in Paris, France is also provided.

Whether or not Jean Kangha is an actual person is unclear, with the name appearing on the internet only in conjunction with the WinBeSurf domain registration.

Alexa currently estimate that 84% of all traffic to the website domain originates out of France, which is likely where WinBeSurf is being run out of.

Supporting this is the fact that the default language on the WinBeSurf website is French. All posts on the official WinBeSurf Facebook page are also in French, ditto WinBeSurf’s official corporate marketing videos on YouTube.

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…]

Testimonials on the Global Success Plan website identify Frank Trueblood as the owner of the company.

According to his LinkedIn profile, Trueblood is based out of the US state of Minnesota, which is likely where Global Success Plan is being run out of.

The company itself appears to be a reincarnation of something called “Cha-Ching Success Formula”, which Trueblood was heavily promoting on his Facebook profile throughout 2014.

The last advertisement for the Cha-Ching Success Formula is dated 30th of November 2014, with advertisements for The Global Success Plan starting on the 8th of January, 2015 (no posts were made between those two dates).

Other posts in Trueblood’s timeline reveal him to be an affiliate of DS Domination (2014), Internet Lifestyle Network (2014) and Empower Network (2012),

In 2010 Trueblood (right) launched “1weektosuccess”, a matrix-based recruitment scheme. Trueblood has also been involved in a number of non-MLM internet marketing activities over the years (specifically lead capture and traffic generation).

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