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

The Unison Wealth website domain (“unisonwealth.com”) was registered on the 29th of May 2014, however the domain registration is set to private.

A marketing video features on the Unison Wealth homepage, which is attached to a YouTube account belonging to Jason Hall.

Whether or not Jason Hall is the voiceover featured in the video is unclear.

The name “Jason Hall” was too generic to bring up a reliable MLM history, raising the possibility that the name is a pseudonym.

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…]

Genesis Acquisitions International popped up on my radar back in October.

Promoted on the momentum of a purported $860,000 test investment by the scheme’s founders in July, Genesis Acquisitions International were soliciting a minimum $5000 investment on the promise of a 20% ROI.

Fortunately that all came crashing down when the FBI busted William Apostelos, owner of the scheme Genesis Acquisitions International was attached to.

Through WMA Enterprises, the FBI revealed that Genesis Acquisitions International was little more than one cog in Apostelos’ $50 million dollar Ponzi empire.

With Genesis Acquisitions International only in a fledgling state before the FBI moved in, losses in the scheme have largely been confined to that of local “business people, professionals and retired police officers” Apostelos managed to dupe.

Following the recent filing of an FBI affidavit, bad news for them. [Continue reading…]

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

The DigAdz website domain was registered on the 31st of October 2014, however the domain registration is set to private.

Further research reveals DigAdz affiliates identifying the admin of the company as “BeeJay”. I did hunt around but wasn’t able to ascertain anything further on this individual.

Purportedly Beejay is also the admin behind AdBonuz:

AdBonuz launched in early 2014 and promised affiliates up to 125% ROIs on $20 to $49 investments. Referral commissions on investments made by personally recruited affiliates were also offered, paying out down three levels of recruitment (unilevel).

In late November, AdBonuz affiliates on social media began reporting withdrawal problems. The company website is still alive today, however the scheme appears to have collapsed.

The language on the DigAdz website isn’t terrible, but it is slightly off:

Best performance for your advertising to get link back to your business and increase more rate of your goal.

Show your business keys or benefits before they visit your site or business. That can help you filter and get quality of visitor and them really want to join or purchase your product and services.

If one clicks the Facebook link on the DigAdz website, you are directed to a Facebook profile containing a heap of marketing videos from a “Marius Pedersen”.

Pedersen has been uploading DigAdz marketing videos to YouTube since the company launched in early November. On his own Facebook profile, Pedersen claims to be based out of Norway.

Whether Pedersen is “BeeJay” however is unclear, as he seems to focus on promoting the company over claiming ownership of it.

That said, Pedersen’s early involvement in DigAdz and his videos appearing on the official DigAdz website indicate he has a close relationship with those running it.

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…]

Effort Profiting launched recently and list coporate bios for four of their management staff on their website.

Trouble is, not one of these profiles is real.

As above, all four images used to represent the names provided are stock images that have been copy and pasted from other sites (the first image alone has over 600 similar hits in Google).

Throw in the generic bio copy used in each profile and it’s likely that the people listed as running Effort Profiting do not exist.

Two addresses in the UK appear on the Effort Profiting website. The first has a prominent spelling mistake in it and the second is a residential address.

Using fake addresses in the UK is a hallmark of Indian scammers.

Supporting this is the use of the name “Ravi Kiran” as CEO of the company and robotic voiceovers in Effort Profiting marketing videos.

Statistical data from Alexa also reveals an estimated 78.9% of traffic to the Effort Profiting website domain originates from India.

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…]

Following the termination processing services by Payoneer, Achieve affiliates waited nervously for the company to acquire new ewallet services to pay them with.

Purportedly Achieve has found a company willing to take on the risk of providing services to a matrix cycler Ponzi scheme, but who it is they’re not ready to say just yet.

In the meantime deposits have been opened up via a different processor, iPayDNA.

Money is now supposedly flowing into Achieve, but not everything is as it seems… [Continue reading…]

You pay your affiliate membership fees (upfront and then $30 a month), and then go off and find others to do the same.

And the more you pay, the more you earn.

Once the affiliate recruitment in Smart Media Technologies stops, so too will the commissions. I don’t even think it’s worth entertaining the idea that non-affiliates are using the YOBSN network.

–BehindMLM Smart Media Technologies review, December 2013

David Martin, the mysterious CEO behind Smart Media Technologies that people rarely see or hear from.

As with many of the suspiciously generic sounding one hit wonder admins you’ve never heard of, Martin was the creation of Indian Ponzi scammers.

Smart Media Technologies launched in 2013 and combined a social network with a recruitment-driven MLM compensation plan.

Affiliates bought in for between $125 to $400, and were then paid to recruit others who did the same.

How long police in India have been investigating Smart Media Technologies is unclear but after receiving a tip-off, City Crime Branch detectives raided a Smart Media Technologies hotel presentation last Wednesday. [Continue reading…]

Last we checked in on eAdGear (owners of GoFunRewards), things weren’t going too well.

After struggling to launch their Ponzi scheme in the US, the company was then embroiled in lawsuits with rivals JubiRev and Randy Williams.

Williams briefly served as GoFunRewards’ President before ditching them to go off and launch JubiRev, his own spin on the Ponzi points revenue-sharing model.

Ultimately neither of those cases seemed to go anywhere and both JubiRev and GoFunRewards collapsed.

That was time ago now and things had since gone quiet. Anyone who invested in JubiRev and GoFunRewards lost their money and the respective owners made off into the night.

Well, that is until out of the blue the SEC filed charges against eAdGear a few months ago. Alleging that eAdGear was a ‘Ponzi and pyramid scheme that preyed on Chinese communities and caused investors to lose millions of dollars‘, the SEC was granted an injunction against the company and its owners.

That was back on September 26th, but it is only recently that we’ve discovered there’s more to the story. [Continue reading…]

In its later days, NxPay was the ewallet of choice for Zeek Rewards.

The e-wallet service operates as a “platform” for transferring funds between two parties: one party makes funds available to another party, but until the receiving party takes action to withdraw the funds, “the funds are within the control of the party transferring the funds and the transfer of ownership is
not complete.”

Zeek Rewards, an $850M Ponzi scheme, was shut down by the SEC back in August of 2012. At the time, NxPay held $31.9 million ($21.2 million Zeek’s ewallet account and $10.7 million in frozen funds).

NxPay identified and froze RVG funds that were in the process of being “made available” to affiliates at the time of the Court’s asset freeze but which were never withdrawn and therefore were still RVG funds.

RVG standing for “Rex Venture Group”, Zeek Rewards’ parent company.

The frozen funds was based on calculating what affiliates who had funds in NxPay accounts were entitled to.

Essentially, all accounts “linked” to ZeekRewards were frozen and the funds in those accounts were transferred to a master “Settlement Account.

NxPay then used a “netting” accounting method to separate RVG money from money paid in by affiliates that remained in their accounts.

After NxPay returned money belonging to account holders, the balance (totaling $10.738 million) was all RVG money.

This “netting accounting method” saw affiliates who profited from the scheme forfeit funds held in their NxPay accounts. Those who lost money were given funds up to the amount they invested in Zeek, with any remaining being deemed property of RVG (ergo the Zeek Receivership).

Curiously, while NxPay has returned the $21.2 million held in Zeek’s ewallet account, they’re to this day still refusing to hand over $9 million in stolen Ponzi funds. [Continue reading…]

Following the rejection of World Ventures’ appeal in Norway last week, the company continues to push plans to sue the Norwegian government.

Speaking with Levangeravisa on Monday, Norwegian World Ventures spokesperson Steinar Husby said

We will now go to court to keep operations running while the case continues. We will ask for a temporary injunction to prevent our members suffering.

Whether or not the injunction request has been filed is unclear, however Husby told Levangeravisa that he expects a decision to be made “during the next few weeks”. [Continue reading…]

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

The iCashCloud website domain (iCashCloud) was registered on the 6th of October 2014, however the domain registration is set to private.

Further research however reveals that DNS information attached to iCloudCash’s name-servers has an email address attached to it:

This email address belongs to Max Stiegemeier:

Stiegemeier previously launched AutoProfitMachine and Auto Profit Global back in 2011.

AutoProfitMachine saw affiliates pay $50 to join and then receive $25 per affiliate they recruited, with residual recruitment commissions paid out down three levels of recruitment.

Auto Profit Global charged affiliates $200 to join and paid them $100 to recruit new affiliates.

Both schemes collapsed shortly after launch.

Research reveals that with iCashCloud Stiegemeier is using a script provided by “Incentive Scripts”.

On their website, Incentive Scripts market a script called “ClixScript”.

ClixScript features advertised include:

• affiliate CPA offers and offerwalls
• a gift shop
• PTC and banner advertising
• 10 level deep MLM referral “system”
• paid to share
• revenue-sharing
• advanced bot system that works “just like human clickers”

A basic ClixScript subscription costs $89.99 a year.

One other thing worth mentioning is the presence of a UK based address in iCashCloud’s refund policy:

We only replace items if they are defective or damaged.

If you need to exchange it for the same item, send us an email at (removed) and send your item to: Third Floor 207 Regent Street. London, W1B 3HH.

A Google search reveals this address to belong to the company “Complete Formations”, who sell a “Regent Street Registered Office” and mail forwarding at this address for 199 GBP ($313 USD).

With Stiegemeier based in the US, why he’s opted for a forwarding address in the UK for iCashCloud is a mystery.

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