Club Ten operates in the ecommerce MLM niche. The company is based out of Dubai through the Planet Empire FZCO shell company.

Heading up Club Ten are co-founders Dennis Bay, James Lee (aka Lee Keng Cheong), Enrico Garcia and Erick Kalugdan.

Bay and Lee are from Singapore, Garcia and Kalugdan are from the Philippines. All four Club Ten co-founders are former WorldVentures promoters/executives.

Dennis Bay filed a lawsuit against WorldVentures in 2018, alleging $243,057 in unpaid commissions.

WorldVentures sued James Lee in 2018, alleging cross-recruitment into Mavie.

Enrico Garcia worked at WorldVentures corporate as “SEA Emerging Marketing Manager”.

Erick Kalugdan appears to have been a lesser ranked WorldVentures promoter who kept his head down.

WorldVentures was a discount travel themed MLM pyramid scheme that collapsed in December 2020.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Club Ten, read on for a full review. [Continue reading…]

Andreas Szakacs, co-founder of the OmegaPro Ponzi scheme, appears to have been arrested in Turkey. [Continue reading…]

AB Quantify fails to provide ownership or executive information on its website.

AB Quantify has three known website domains:

1. abqf.cc – privately registered on July 3rd, 2024 (already abandoned)
2. abqf.uk – privately registered on July 3rd, 2024
3. abqt4.com – privately registered on July 25th, 2024

Despite existing for less than a month, on its website AB Quantify falsely claims it was “founded in London in 2017”.

AB Quantify presents its whitepaper in Chinese:

This suggests whoever is running AB Quantify has ties to China.

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…]

Arm Trade, or Advanced Robotic Management Trade, fails to provide ownership or executive information on its website.

Arm Trade’s website domain (“armtrades.com”), was privately registered on June 27th, 2023.

Of note is Arm Trade citing “Dubai Time Zone” in their marketing material:

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to Arm Trade, read on for a full review. [Continue reading…]

Alex Dee has pled guilty to one count of conspiracy to commit wire fraud.

Dee’s guilty plea was entered on July 30th. Sentencing, including restitution is to be scheduled at a later date. [Continue reading…]

SKGTP AI fails to provide ownership or executive information on its website.

SKGTP AI’s website domain (“skgtp-ai.com”), was registered with bogus details on July 27th, 2024.

Of note is SKGTP AI’s website domain being registered through the Chinese registrar Alibaba (Singapore).

In an attempt to appear legitimate, SKGTP AI offers up this nonsensical certificate:

Putting aside the certificate is doctored, I have no idea what it’s supposed to signify.

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…]

TrendBow fails to provide ownership or executive information on its website.

TrendBow’s website domain (“trendbow.com”), was privately registered on July 5th, 2023.

As of June 2024, SimilarWeb tracked top sources of traffic to TrendBow’s website as the Dominican Republic (23%), Russia (22%), Germany (20%) and Ukraine (6%).

While not definitive, whoever is running TrendBow probably has ties to one of those countries.

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…]

TRX Money fails to provide ownership or executive information on its website.

TRX Money has two known website domains; “trx.money” and “trx.plus”. Both domains were privately registered on July 15th, 2024.

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…]

HedgeCircuit fails to provide ownership or executive information on its website.

HedgeCircuit’s website domain (“hedgecircuit.com”), was privately registered on February 4th, 2024.

Despite only existing for a few months, on its website HedgeCircuit falsely claims it was “founded in 2022” and has “10 years consulting experience”.

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…]

AI Make USDT fails to provide ownership or executive information on its website.

AI Make USDT’s website domain (“aimakeusdt.net”), was registered with bogus details on July 11th, 2024.

Of note is AI Make USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore).

AI Make USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued an AI Make USDT pyramid fraud warning on July 23rd, 2024.

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…]