Are we finally going to see uFun Club’s rogue fugitive executives brought to justice?

If Thai authorities are to be believed, Interpol will is now overseeing a global manhunt to track them down. [Continue reading…]

WakeUpNow launched in 2009 and over its six years of operation failed to generate a significant amount of retail sales.

Combining an eclectic mish-mash of third-party products and services, the reality of WakeUpNow was that you signed up as an affiliate, paid a monthly fee and were then paid to recruit others who did the same.

After burning through millions of dollars in losses, the scheme collapsed two months ago with WakeUpNow formally terminating US operations around mid February.

Prior to that there had been speculation the company was going to file for bankruptcy.

Not even three months has passed since WakeUpNow collapsed, with former President Jason Elrod now gearing up to launch “Disrupt”. [Continue reading…]

The number of uFun Club investor complaints in Thailand has risen to almost three hundred, with 292 affiliates having filed claims for 110 million THB ($3.3 million USD).

The latest figures were released as Thai authorities prepare to file criminal cases against uFun Club executives. [Continue reading…]

Putting aside the fact that BitClub Network simply take newly invested funds and use it to pay off existing investors, the ruse behind the scheme is that BitCoin mining will somehow consistently deliver >100% ROIs every 1000 days.

That’s irrespective of how much is invested and irrespective of fluctuations in the value of BitCoin, otherwise BitClub Network’s premise doesn’t work.

Quite obviously, the only way >100% ROIs can be paid out by ignoring invested amounts and the value of BitCoin, is if the ROIs paid out are pegged to something else entirely.

That of course brings us back to newly invested funds, which appear to be running out.

Is BitClub Network on the verge of collapse? The introduction of ClubCoin certainly suggests so. [Continue reading…]

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

The TwizSales website domain (“twizsales.com”) was registered on the 27th of November 2014, with “Ufoma Makpe Ibikunle” listed as the owner. What appears to be an incomplete address in Cádiz, Spain is also provided.

This is inline with the TwizSales FAQ, which claims the company ‘is a register company from spain‘.

An “official” Facebook group has been set up for TwizSales, with Mariam Ufoma Makpa Ibikunle and Asif Bhatti listed as the group’s admins.

With Ibikunle owning the TwizSales website domain, it appears she is the admin of the company. Bhatti’s relationship to the company is unclear.

Whether or not Mariam Ufoma Makpa Ibikunle is an actual person is unclear. The Facebook profile was created on February 2015, for the sole purpose of promoting TwizSales.

A YouTube account bearing the same name was set up a month earlier in January.

The precursor to TwizSales appears to be esClicks, which was advertised on the Ibikunle Facebook account in March.

A visit to the esClicks website reveals it to be nearly identical to that of TwizSales (design is slightly different but content is pretty much the same).

esClicks appears to be a pay to click website, paying affiliates peanuts to click on ads.

The esClicks domain registration is identical to that of TwizSales, once again listing Ibikunle as the owner.

Asif Bhatti (right) meanwhile appears to be neck-deep in the MLM underbelly.

Promotions for all manner of scams can be found on his Facebook profile timeline, including MadvertisingPro (Ponzi scheme), Traffic Monsoon (HYIP), BnB Trades (Ponzi scheme), DigAdz (Ponzi scheme), Genesis Global Network (ponzi/pyramid hybrid), Globaliz Biz (Ponzi scheme), PayAdShares (Ponzi scheme), The Achieve Community ($3.8 million dollar Ponzi scheme shut down by the SEC) and GlobalAdShare (Ponzi scheme).

And that’s just within the last nine months…

Going back even further Bhatti was promoting Argent Global Network (Ponzi scheme), Paidverts (Ponzi scheme), Libertagia (pyramid scheme), AdCycleProfit (Ponzi scheme), WaraNetwork (Ponzi scheme), MutualWealth (Ponzi scheme), Partners Pay (Ponzi scheme), XtremeCashBox (Ponzi scheme) and AdsProfitWiz (Ponzi scheme).

Scattered among these promotions, Bhatti also pushes a bunch of low-key HYIP schemes.

If I didn’t know any better, I’d say whoever is behind Mariam Ufoma Makpa Ibikunle likely has just as much experience with the MLM underbelly as Bhatti does.

I don’t think Bhatti himself is behind the account, but he obviously knows who is.

In any event, 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 Powerline Profit website indicating who owns or runs the business.

The Powerline Profit website domain (“powerlineprofit.com”) was registered on the 11th of February 2014, with a “Jim Carpenter” listed as the owner. An address in the US state of Nevada is also provided.

Carpenter got started in MLM in the 1990s. As part of his marketing pitch, Carpenter frequently references his “top earner” status in World Profit:

As Worldprofit’s Top Dealer since 1998, I can tell you, without a doubt, this is the absolute best online business on the Internet.

Under the guise of selling marketing tools and lead generation, World Profit back then appears to have been primarily about affiliate recruitment. You sign up, pay a fee and then get paid when you recruit others who do the same.

In 2009 Carpenter (right) left World Profit, with the following statement issued to explain the departure:

I left the Company where I had been the TOP Earner & TOP Recruiter for OVER 10 years. Actually, they changed their compensation plan,dramatically reducing my income.

I could no longer stay there They actually made the changes several months before I left, so I started looking for something else.

After leaving World Profit in 2009, Carpenter  went on to join EZ Wealth Solution, a cash gifting scheme run by Ron Walsh.

Back in 2011 Carpenter launched his own gifting scheme, “The Daily Mega Wealth Creator System” (yes, that was the actual name of the opportunity).

The Daily Wealth Creator System saw affiliates make $20 to $3400 payments, which in turn qualified them to receive the same payments from affiliates they recruited.

This was followed up by EZ Daily Cash Generator in 2012, another scheme which saw affiliates gift eachother between $47 to $1497.

Earlier this month Carpenter launched 250CashClub, another “member to member” gifting scheme.

In 250CashClub, participants pay a $250 fee, which then qualifies them to receive $250 payments from participants they recruit.

Your prospects will be sending you $250 via PayPal or other arrangements that you have with them. Remember, you get paid DIRECTLY from your New Member!

And that now brings us to Powerline Profit.

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

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

The Profit Advertz website domain (“profitadvertz.com”) was registered on the 5th of April 2015, with a “Kamil Kayahan” (below right) listed as the owner. An address in Muğla, Turkey is also provided.

A Twitter account linked off the Profit Advertz website bears the account name “kmlkyhn”, appearing to belong to Kayahan himself.

Further research reveals a Facebook profile under the same pseudonym (above right), claiming to be the administrator of Profit Advertz.

Note that the location cited in Kayahan’s Facebook profile differs to that of the Profit Advertz domain registration.

Other income opportunities advertised on Kayahan’s Facebook profile timeline include 4 Corners Alliance Group (matrix-based pyramid scheme) and FutureNet (six-tier pyramid scheme).

Profit Advertz would appear to be Kayahan’s first MLM venture as an admin.

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

There is no information on the Million Dollar Cycler website indicating who owns or runs the business.

The Million Dollar Cycler website domain (“million-dollar-cycler.com”) was registered on the 19th of March 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 Central Bank of Malaysia are the primary financial regulator for the Malaysian economy.

As Malaysia’s Central Bank, Bank Negara Malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the Malaysian economy.

Part of those duties sees the bank maintain a

a list of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BNM.

EmGoldex, a gold-based Ponzi scheme, was added to that list on the 10th of April 2015. [Continue reading…]

There is no information on the Pro Travel Plus website indicating who owns or runs the business.

The Pro Travel Plus website domain (“protravelplus.com”) was registered on the 12th of January 2015, however the domain registration is set to private.

Further research reveals Seth Fraser credited as the CEO of the company. Why this information is not available on the Pro Travel Plus website is not clear.

Fraser’s past MLM ventures include Freebie Force (2007), That Free Thing (2011) and Uneeqlee (2013).

More recently Fraser (right) was credited as a “Field Leader” in Kannaway.

As per a Kannaway News blog post dated October 15th,

Seth Fraser: Why I Sold My Company and Joined Kannaway

I’ll admit it. I never really cared enough about a true “product-based” relationship marketing company to join one before.

And here’s a weird twist to the story:

I had *never* joined any relationship-marketing company as a distributor before.

One of the things that always held me back from joining ANY company as a distributor…….the trust factor.

When you’re no longer “the guy” that makes the decisions, one of the most difficult things to do is have faith and trust in the people you are working with side by side, and I wasn’t sure I would ever find a working environment that was suited to me for that reason.

Evidently those trust issued appear to have prevailed, with Fraser ditching Kannaway earlier this month.

When we were in our pre-launch phase, we had a very unique person fly in to town, a gentleman by the name of Seth Fraser.

He had launched a few different relationship marketing companies and had a strong team of leaders that came to the table with Kannaway.

After spending some time getting to know him, we made the decision to bring him in to our corporate team. The results of that decision helped us to create a strong team that has helped provide the BEST product line ever created to the masses!

We appreciate the efforts that Seth has provided toward creating this life-changing movement that is helping improve thousands of lives.

Seth has been offered a position as the CEO of another company and we wish him the best in his new venture.

That “other company” is of course Pro Travel Plus.

Interestingly enough who offered Fraser the position has not been publicly disclosed. Who owns the company remains a mystery.

Of note is that a recent Pro Travel Plus presentation was co-hosted by Fraser and Lee Friedman.

Friedman’s position within the company was not disclosed, but his name appears as the owner of the domain “ptpmember.com”.

This domain is used to provide services and bookings to affiliates through the Pro Travel Plus backoffice.

Earlier this year Friedman was promoting Nerium International on his Facebook profile. Whether or not he is still a Nerium affiliate is unclear.

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