USDT Pool fails to provide ownership or executive information on its website.

USDT Pool’s website domain (“usdtpool.io”), was privately registered on June 23rd, 2023.

In an attempt to appear legitimate, USDT Pool provides a UK shell company certificate for USDTPool LTD.

The UK’s FCA banned MLM crypto investment schemes on October 8th, 2023. Such to the extent USDT Pool has any actual ties to the UK, the company operates illegally.

In addition to the UK, USDT Pool also provides a corporate address in Australia. Both addresses are unlikely to have anything to do with USDT Pool.

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…]

SKP Mine (aka Skip Cloud Miner and SK Pools), fails to provide ownership or executive information on its website.

SKP Mine’s website domain (“skpools.pro”), was privately registered on June 3rd, 2023.

If we look at SKP Mine’s website source-code, we find the site is localised to Chinese.

This strongly suggests whoever is running SKP Mine has ties to China.

Note that although it is being run by Chinese scammers, SKP Mine is primarily targeting the Philippines.

SimilarWeb currently ranks the Philippines as the top source of traffic to SKP Mine’s website (16% for September 2023, down 87% month on month). SKP Mine official marketing material is also presented in Philippine peso equivalents.

Other sources of SKP Mine traffic include Indonesia (13%), Egypt (12%), Russia (7%) and Turkey (7%).

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…]

Mirror Trading International liquidators have filed clawback litigation against suspected owners Clynton Marks and Cheri Ward (aka Cheri Marks). [Continue reading…]

Anthony Norman has reportedly been arrested in Sweden.

Prosecutors have charged Norman with financial crimes, leading to his arrest in late October. [Continue reading…]

I started BehindMLM almost fourteen years ago. Next April the site turns fifteen.

After seeing an ad on TV that looked suspicious, I published a “review” of it on my then personal blog. That took off and soon enough I had readers requesting reviews of other MLM companies. [Continue reading…]

BehindMLM can confirm that GSPartners and owner Josip Heit are the subjects of multiple federal and state regulatory investigations in the US.

Investigations we’re aware of include the CFTC, SEC and Alabama Securities Commission. [Continue reading…]

BE and local promoter Rhemuel Lunio have received a securities fraud warning from the Philippines.

As per the Philippine SEC’s October 31st warning, [Continue reading…]

Vincent Boutin has settled his Traffic Monsoon clawback case with the Receivership. [Continue reading…]

EminiFX victims have until December 18th. 2023 to file claims through a portal set up by the Receivership.

The portal can be accessed through the EminiFX Receivership’s website. [Continue reading…]

Jacques Poujade has been sentenced to 63 months in prison for defrauding investors out of “nearly $6.2 million” dollars. [Continue reading…]