Eaconomy securities fraud warning from Slovakia
Eaconomy has received a securities fraud warning from the National Bank of Slovakia (NBS).
Traffic Monsoon clawback lawsuit case closed
Following dismissal of claims against the remaining top Traffic Monsoon net-winner, clawback litigation filed by the Receiver has been closed. [Continue reading…]
Thirty-One Gifts’ closing cash grab
Thirty One Gifts has now publicly confirmed it will be closing:
While a date isn’t specified, distributors had earlier leaked December 15th.
Now, in what appears to be an attempt to clear stock, Thirty One Gifts has reduced distributor sign up fees to $1. [Continue reading…]
Tupperware sold off to hedge funds
Tupperware has been sold off to a group of debtor hedge funds.
As part of the deal, Alden Global Capital, Stonehill Institutional Partners and a trading desk of Bank of America will provide Tupperware cash to “pay other debts”.
The hedge funds themselves will use “debt cancellation for part of the purchase price”. As reported by Reuters on October 23rd, this allows the hedge funds to purchase Tupperware’s debt “at a steep discount”. [Continue reading…]
Creators Alliance Review: Task-based “click a button” Ponzi
Creators Alliance fails to provide ownership or executive information on its website.
Creators Alliance’s website domain (“carils.com”), was first registered in 2017. The private registration was last updated on October 8th, 2024.
If we look at Creators Alliance’s website source-code we find Chinese:
This suggests whoever is running Creators Alliance 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…]
Elite Guard Holdings Review: Compire Group reboot Ponzi
Elite Guard Holdings fails to provide verifiable ownership or executive information on its website.
Elite Guard Holdings’ website domain (“eliteguardholdings.com”), was privately registered on May 29th, 2024.
Supposedly Elite Guard Holdings is headed up by CEO “Phil Wagner”:
Given Wagner is represented by an AI generated image, he’s unlikely to exist.
The rest of Elite Guard Holdings’ cited executives appear to be stolen identities and/or AI generated personas.
Elite Guard Holdings’ marketing videos feature stock footage with AI robodub narration.
Of note is a presentation hosted on Elite Guard Holdings’ website referencing Compire Group:
Compire Group was an MLM crpyto mining and trading ruse Ponzi that launched in 2023.
Like Elite Guard Holdings, Compire Group was headed up by a fictional CEO who didn’t exist.
A visit to Compire Group’s website reveals the scam has long-since collapsed. It appears the same scammers behind Compire Group are also behind Elite Guard Holdings.
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…]
FiroCloud Review: Crypto mining “click a button” app Ponzi
FiroCloud, aka FiroPOW, fails to provide ownership or executive information on its website.
FiroCloud’s website domain (“firopow.com”), was privately registered on October 7th, 2024.
If we look at the source-code of FiroCloud’s website, we find Chinese:
This suggests whoever is running FiroCloud 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…]
Thirty-One Gifts to close operations in December 2024
Thirty-One Gifts consultants have announced the MLM company is closing its doors. [Continue reading…]
EXW’s Benjamin Herzog sentenced to 5 years prison
EXW Ponzi founder Benjamin Herzog has been sentenced to five years in prison.
Herzog and nine EXW Ponzi co-defendants were sentenced on Wednesday by Klagenfurt Regional Court. [Continue reading…]
Corsair Group’s Finland recycling ruse comes undone
What’s left of Corsair Group has rallied around a recently signed agreement with Shell.
As outlined on Shell’s website;
September 2024
In Europe, Shell and Corsair sign supply agreement for pyrolysis oil from post-consumer plastic waste produced at Corsair’s chemical recycling facility in Jämsä, Finland. Shell will process the pyrolysis oil at its Chemicals Park in Moerdijk.
And as per an accompanying 6th September press-release on Corsair Group’s website;
Plastic waste recycling firm Corsair has signed an agreement to supply Shell Chemicals Europe B.V. with pyrolysis oil, a mixed plastic waste feedstock.
Under the agreement, Corsair, a company that converts daily household plastic waste into oil through pyrolysis, will deliver pyrolysis oil from its plastic waste chemical recycling facility in Jämsä, Finland, for Shell’s facility in Moerdijk, The Netherlands.
