CoMingl (pronounced “co-mingle”) appears to have entered into a concept phase last year before finally launching in mid 2014.

There is no information on the CoMingl website indicating who owns or runs the company.

The CoMingl website domain (“comingl.com”) was registered on the 3rd of August 2013, with the domain registration listing “Karma Holdings SA” as the owner. An address in Belize (a known tax-haven) is also provided.

Karma Holdings have their own website over at “karmaholdings.com”, however no information about who runs the firm is provided.

Karma Holdings is led by a team of talented men and women whose expertise and enthusiasm drive our superior financial performance.

Our Board of Directors sets the direction and our executive leaders motivate, manage and inspire our employees to improve continuously in everything they do.

The company describes itself ‘a diversified company that provides a broad range of high-tech products and systems‘.

As far as I can piece together, Karma Holdings are representing that CoMingl is owned by someone else and in some sort of partnership with them. A “recent posts” entry on their website however clashes with their 7th of November 2014 “CoMingl is on board” announcement:

Curiously, the CoMingl Terms and Conditions states:

By agreeing to these Terms you are giving your permission to Panache International, LLC. and the CoMingl system to send you email notifications related to your account activity.

Panache International claim they are based out of Dubai, and on their website state they

produce a wide range of disposable plastic products and packaging that are highly appealing to consumers worldwide, and rank among the world’s leading manufactures in terms of the quality and support we provide to our partners anywhere in the world.

What that has to do with CoMingl or why the company is sharing their affiliate details with Panache International I have no idea.

It does appear though that whoever is behind Panache International is also behind CoMingl. Again, taken from CoMingl’s Terms and Conditions:

Any notice to you will be effective when we send it to the last email or physical address you gave us or posted on our Website. Any notice to us will be effective when delivered to us along with an emailed copy to our corporate office:

Panache International, LLC

Naturally there’s no information about who owns Panache International on their website, and their domain registration is also set to private.

The only information linked to management of Panache International I was able to find is the crediting of “Vishaal S. Shah” as the company’s Managing Director:

In other marketing videos Shah is credited as the CEO of Panache:

With CoMingl using the corporate address for Panache International in their Terms and Conditions, it would follow on that Shah is likely the owner of CoMingl.

That said, I wasn’t able to find anything directly tying Shah to the company.

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…]

The regulatory noose continues to tighten around GetEasy, with news last Friday that the Bank of Portugal have issued a warning against the company.

Listed along with Get Easy Limited and Absolut League, the Bank of Portugal warns are ‘are not authorised to accept deposits or other repayable funds’. [Continue reading…]

There is no information on the Freedom10 website indicating who owns or runs the business.

The Freedom10 website domain (“freedom10.com”) was registered on the 6th of January 2013, however the domain registration is set to private.

Buried in the source-code of the Freedom10 website however is a link to the domain “textcashnetwork.com”, which is used by affiliates to sign in.

Sharing the same affiliate backend, Text Cash Network initially launched in late 2011 and at the time was headed up by Brett Hudson.

Text Cash Network saw affiliates sign up and in exchange for agreeing to receive text advertisements from company, earned commissions based on how many new affiliates they recruited.

The idea was that advertisers would fund the commissions, but with the only participants being affiliates looking to get paid, not surprisingly the opportunity never really took off.

At some point Text Cash Network rebranded themselves as “True Cash Network”, with Freedom 10 appearing to be a continuation of the “sign up and get paid for receiving text ads” business model.

There is currently no specific information regarding whether Hudson is still involved with the running of the company on the True Cash Network website.

Read on for a full review of the Freedom10 MLM business opportunity. [Continue reading…]

Details on this one are currently sketchy.

Last year in September, Probes Reporter contacted the SEC regarding possible “investigative activity” and were advised there was none.

In what appears to be an annual check, Probes Report contacted the SEC again recently and the agency acknowledged ‘some sort of investigative activity‘ was taking place.

Probes Reporter filed a Freedom of Information Act request, which the SEC denied on the basis that ‘the responsive matter remains open and that releasing the withheld information could reasonably be expected to interfere with the on-going enforcement proceedings‘. [Continue reading…]

Earlier this year Wazzub (aka My Perfect Internernet) announced they were turning to crowd-sourcing to get a 3D version of their app onto Wazzub branded 8″ tablets.

Wazzub had hoped to raise $100,000 by June. Whether or not that happened is a mystery, but today there’s no mention of these tablets on Wazzub’s homepage (My Perfect Internet’s web design is terrible so I didn’t take a thorough look through the site).

In any event, through the brand “We Share Success” (wesharesuccess.perfectinter.net), now Wazzub are issuing virtual shares to their affiliates… and there’s even talk of a Q4 2015 IPO offering.

Seriously? [Continue reading…]

This one’s been going on in the background for a while now but pending a resolution, I haven’t given it any airtime.

Long story short, back when the Zeek Rewards Receivership was accepting claims from victims, the folks over at Patrick Miller LLC saw an opportunity.

The law firm set up the “zeekrewardsclassaction.com” website and began soliciting its own claims from Zeek Rewards affiliates:

Great news, the time has come at last!  Soon, the Receiver is going to announce a partial distribution of Affiliate funds and the claims process to go with it.

When the system goes live, or as soon thereafter as possible, we will be filing your claim for you and then fighting with the Receiver to get you as much money as we possibly can.

However, due to the sheer number of Affiliates, as well as the fact that many of you had multiple user names, you will receive at least one claims notice directly from the Receiver.

This is very important:

PLEASE DO NOT SUBMIT A CLAIM ON YOUR OWN.

The reason Patrick Miller didn’t want Zeek victims filing their own claims is because they then wouldn’t get a cut of the claims paid out.

All in all some 739 Zeek investors filed claims through Patrick Miller. The firm put their own address on the submitted claims, with the intention that the Receivership send them victim’s checks.

Patrick Miller had hoped to collect as much as 25% of the victim’s payouts in legal fees, but the Receivership refused to deal with them.

Instead the Receivership demanded Patrick Miller provide the contact details of the victims they had signed on, so that the claim checks could be sent to the individuals themselves.

With thousands of dollars in easy money on the line, Patrick Miller objected through the filing of a “Notice of Attorney’s Charging Liens”.

After some further to and froing between the Receivership and Patrick Miller, yesterday saw Judge Mullen make a ruling on the dispute. [Continue reading…]

There is no information on the GlobalFortune11 website indicating who owns or runs the business.

The GlobalFortune11 website domain (“globalfortune11.com”) was registered on the 31st of March 2014 and lists an Asher Winata as the domain owner. An address in the US state of California is also provided, however this would appear to be the address of GlobalFortune11’s hosting company.

Winata first popped up on BehindMLM’s radar in late 2013 as the admin of GlobalAdShare.

GlobalAdShare saw affiliates invest $10 sums on the promise of a 150% ($15) ROI, funded by new affiliate investment.

Social media reports on the status of GlobalAdShare are conflicting, with some affiliates claiming to be recently paid and others complaining they haven’t.

This might suggest the scheme has begun to selectively pay participants, typically based on their recruitment stats and how much they have personally invested into the scheme.

This is typically what happens prior to a company-wide collapse, which is inevitable in all Ponzi schemes.

Whether Winata is actively marketing GlobalFortune11 to the GlobalAdShare affiliate-base is unclear.

Read on for a full review of the GlobalFortune11 MLM business opportunity. [Continue reading…]

Bonus Surf initially launched in March of 2014, offering affiliates 140% ROIs on their investments with a 10 day maturity period.

By July Bonus Surf had shut down. In an email sent out to Bonus Surf affiliates, the admin claimed ‘exciting improvements (would be) coming up in a month time‘.

Bonus Surf did relaunch again in August, before going offline again in September.

In October Bonus Surf relaunched for the third time, offering yet again a new compensation plan and Bitcoin support.

Despite going through three relaunches in a year thus far, the owners of Bonus Surf have never revealed themselves.

The Bonus Surf website domain (“bonus-surf.com”) was registered on the 27th of February 2014, however the domain registration is set to private.

Bonus Surf website traffic statistics reveal a strong presence in Russia (providing an estimated 37% of all website traffic). When combined with the poor English on the Bonus Surf website and multiple Russian website appearing under “recommended links”, it’s likely that the company is being operated from within Russia itself.

A “recent news” post does ask for “Russian translators” to provide translating services for the site, which is a little strange if Bonus Surf is being run by Russians.

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 FutureNet website indicating who owns or runs the business.

If one clicks the “company” link at the footer of the homepage, details for “FutureNet Inc.” appear:

Futurenet Inc.
TRUST COMPANY COMPLEX
AJELTAKE ROAD
AJELTAKE ISLAND
MAJURO
MARSHALL ISLAND
MH 96960

A Google search reveals multiple businesses using this address, indicating that FutureNet exists in the Marshall Islands in name only.

The FutureNet domain was registered on the 25th of September 2014, but only lists FutureNet Inc. with the same Marshall Islands address as the owner.

Promotional screenshots of the FutureNet backoffice reveal the appearance of “Thorsten Albers”:

Albers last popped up on my radar as the owner and CEO of Falkito.

Falkito was a failed MLM penny auction that launched in the shadow of Zeek Rewards, an $850 million Ponzi scheme.

After lengthy delays, Falkito eventually launched only to flop. Today the business is no longer active.

Whether Albers is involved in FutureNet as an affiliate or owner/management is unclear.

Update 3rd April 2016 – Promotion for FutureNet appears to have ramped up recently, with affiliate marketing material naming Roman Ziemian and Stephan Morgenstern as owners of the company.

Ziemian identifies himself as CEO and Founder of FutureNet on his Facebook profile. Both Ziemian and Morgenstern are based out of Poland.

Prior to FutureNet, Ziemian and Morgenstern were involved in OneLine Online.

OneLine Online was a share-based Ponzi scheme launched in early 2014. Ziemian served as Chief Operations Officer and Morgenstern as an investor.

It is assumed Ziemian and Morgenstern’s time at OneLine Online formed the inspiration behind FutureNet.

Prior to Ponzi scamming Ziemian was an affiliate with LEO, a personal development based recruitment scheme.

Morgenstern was also a LEO affiliate. Before that he was an affiliate with Organo Gold (ganoderma coffee) and World Ventures (travel-based recruitment scheme). /end update

Read on for a full review of the FutureNet MLM business opportunity.

[Continue reading…]

QoinPro is currently in beta and launched earlier this year.

The company provides a corporate address in Hong Kong, with Wouter van der Schagt credited as QoinPro’s CEO and Managing Director.

On his LinkedIn profile van der Schagt (right) credits himself as a NuSkin affiliate, primarily targeting the Asia region.

During these years, while expanding my company in Asia, I also became an independent executive distributor for the direct sales company “NuSkin Enterprises”.

Seeing the growth of NuSkin in the Philippines I decided to invest and became a co-founder and shareholder of their product distribution center in Iloilo in the Philippines.

Although the shares were sold when I left the Philippines, the distribution center still exists today.

Over the course of these years I’ve literally held hundreds of seminars. All were held in Asia.

It started as a result of being a distributor for NuSkin Enterprises and initially the seminars were about sales and marketing promoting their products.

As time passed, topics shifted to motivational sessions, goal-setting and time management.

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