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

The AdzBrooks website domain was registered on the 11th of December 2014, however the domain registration is set to private.

Of note is that a logo for a company called “RevAdz” is hosted on the AdzBrooks website domain:

RevAdz was a Ponzi scheme launched in early 2013 and saw investors make $2 investments on the promise of a $3 ROI and collapsed shortly after launch.

Credited as the admin of RevAdz is MoneyMakerGroup forum member “Rysero”. I wasn’t able to ascertain who Rysero is, but his posting history on the MoneyMakerGroup forum suggests a long history of involvement in dubious looking opportunities.

As always, if a 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 Automatic Mobile Cash website indicating who owns or runs the business.

The Automatic Mobile Cash website was registered on the 13th of January 2015, however the domain registration is set to private.

Further research reveals emails sent out to affiliates are signed by Joseph Martin, who claims to be the admin of the company.

Martin signs off on the emails as “Admin of Automatic Mobile Cash” and provided an address in Ottawa, Canada.

I wasn’t able to track down an MLM history for Martin. Combined with the Automatic Mobile Cash private domain registration and lack of information pertaining to Martin on the company website, I’m going to flag Joseph Martin as potentially being a non-existent person.

Supporting this are reports from affiliates showing the email address “idomainsale99@yahoo.com” appearing on Automatic Mobile Cash receipts:

You’ve got cash!

iDomain Media (idomainsale99@yahoo.com) just sent you money through Payza.

Payment Details

Date: January 30, 2015 3:54:23 AM
Amount Sent: $10.00 USD
Sender Name: iDomain Media
Sender Email: idomainsale99@yahoo.com
Reference Number: (removed)
Message: Automatic Mobile Cash Payout Dont Forget To Tell Your Friends and Thanks For Being a Part Of Our Incredible Community!

Thanks for choosing Payza,
Team Payza

Further research reveals this email address was used to register the domain “appmarketprofits”.

The domain registration for AppMarketProfits lists the same iDomain Media email address, with the name “Thomas Richards” appearing as the owner.

In addition to the name attached to the iDomain Media email address being completely different, so too is the address. The AppMarketingProfits domain registration contains an address in the US state of New York.

As per the AppMarketProfits website,

Collect $250 Every 24 Hours In Totally Passive Income Starting NOW!

AppMarketProfits launched in early 2014 and promised investors ROIs of up to 1000% on investments ranging from $49 to $500.

The scheme appears to have collapsed shortly after launch, although the AppMarketProfits website remains online.

A complaint published in May 2014 by AppMarketProfits investor Ron Williams reads as follows:

I joined App Market Profits a few months ago for $49.95 and purchased a position to earn commissions with this mobile app software company.

What they do is is buty (sic) and sell mobile apps.

They are supposed to pay commissions depending on how many positions you have purchased.

They owe me $500 so far and refuse to pay.

This website needs to be shut down!

The owner refuses to answer support tickets and pay commissions owed!

Whoever is running these schemes, it would appear we have serial scammers attempting to relaunch a previously failed scheme under the new name Automatic Mobile Cash.

As always, if a 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 Millions Network indicating who owns or runs the business.

The Millions Network website domain (“millionsnetwork.com”) was registered on the 27th of January 2015, however the domain registration is set to private.

As always, if a 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 TH Tronics website indicating who owns or runs the business.

On the TH Tronics website, the company claims

We are a company engaged in e-commerce since 2005.

Despite this, the TH Tronics website domain was only registered in November of 2014.

Listed as the owner of the TH Tronics website domain is “Thiago Henrique de Brito Nascimento”. An address in the Brazilian state of Sao Paulo is also provided.

Presumably, Thiago Henrique combined with the word “electronics” is where the company derives its name from.

Why Nascimento’s name does not appear on the TH Tronics website is a mystery.

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

With attempts to solicit US investors into the EmGoldex Ponzi scheme thwarted by regulators last year, the scheme’s affiliates (who are mostly based out of Europe) have begun to target Asian countries.

Currently listed as the fourth largest source of visitors to the EmGoldex website is Malaysia (11.7%).

Where Philippines sits on that list I’m not sure, but promotion of EmGoldex in the country hasn’t gone unnoticed by Filipino regulators. [Continue reading…]

I wasn’t sure if this was going to go down till next week, but it seems things have escalated in the last 24 hours and Achieve Community is no more.

As per an update published by Achieve Community owner Troy Barnes sometime in the last few hours: [Continue reading…]

When reports surfaced last week of Wake Up Now having gone bankrupt, one of the first things I did was check to see if anything official had been filed in court.

A search of Pacer turned up nothing, so I left it at that.

That WakeUpNow are effectively bankrupt remains in question, with the company thus far having failed to publicly issue a statement regarding most of their affiliates leaving and the lack of commission payments for months.

What has surfaced though is a lawsuit filed by WakeUpNow on January 27th, in Utah’s Fourth Judicial District Court. [Continue reading…]

News today from Polynesia, where local regulators have issued a warning to GetEasy and iGetMania investors.

Too little too late now that GetEasy and iGetMania have collapsed (read: those who made money have done a runner)?

Yeah, I think so. [Continue reading…]

One of the long-standing commitments of the court-appointed Zeek Rewards Receiver has been to go after net-winners who reside outside of the US.

In addition to having already sued net-winners in Canada and Australia, the Receiver is now targeting those who stole from Zeek’s victims in New Zealand and the British Virgin Islands. [Continue reading…]

Much importance has been placed on the Ernst & Young report on TelexFree that was due out this month.

Despite the SEC’s case against TelexFree, criminal proceedings currently taking place against its owners and Trustee Stephen Darr’s damning evaluation of the company earlier this month, many Brazilian investors believed the Ernst & Young audit would somehow absolve the company.

Those hopes appear to have been dashed, with preliminary reports of Ernst & Young reports confirming fraudulent activity has been found. [Continue reading…]