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…]

Last we checked in with Better Living Global Marketing, it’s owner, Luke Teng, was attempting to solicit new investors to cover the scheme’s “cash flow problems“.

In his efforts to schmooze potential investors, Teng (right) made all sorts of claims – one of which was the revelation that he was “seriously considering” taking Better Living public.

Better Living Global Marketing’s cash flow problems began back in early 2014, with affiliate ROI payments grinding to a halt.

Over the past year, BLGM’s failure to pay out its advertised ROI resulted in seventeen BLGM investors lodging complaints with Hong Kong police.

This prompted an investigation by the Commercial Crime Bureau, which ran parallel to Teng desperately trying to attract new investors.

The Bureau’s investigation has now apparently concluded, with Hong Kong police yesterday raiding Better Living Global Marketing’s offices.

Residences of key-insiders of the scheme were also raided, with five arrests made. One of those arrested is described as the owner of the scam, and is believed to be Luke Teng himself. [Continue reading…]

In order to get to the bottom of allegations I’d received that Michigan’s Attorney-General Office had been in contact with Achieve Community’s owners, I reached out to them via email a few days ago.

I received a reply today, which informed me that my email had been turned into a Freedom of Information Act request.

In response to my query, the Michigan AG’s Office informed me that their Consumer Protection Division currently has an open investigation into Achieve Community.

As per the Michigan AG’s Office, the Consumer Protection Division investigation was opened in 2015. Going by the number assigned to my request and the number assigned to the investigation, it would appear to have been launched in January but I can’t say for sure. [Continue reading…]