Not even 24 hours after World Way Capital collapsed, the company has rebooted itself as Extra World. World Way Capital was fronted by Sergiu Valuta. The company’s business model saw affiliates invest on the promise of Ponzi returns paid out in USD and bitcoin. After a few 16 to 70 day return cycles, Valuta pulled […]
World Way Capital Ponzi collapses, reboots as Extra World Read More »
Forever Living Products was first reviewed here on BehindMLM back in 2013. One of the primary concerns raised in our review was the $132 a month autoship recruitment scheme. We revisited Forever Living Products in 2017 and were dismayed that autoship recruitment was still a focus. Now a report out of Pakistan has raised concerns
Forever Living Products migrates autoship recruitment to Pakistan Read More »
The Samoan Seventh Day Adventist Church in New Zealand has come under fire, for allegedly laundering millions of dollars through the OneCoin Ponzi scheme. The Samoan Seventh Day Adventist Church (SISDAC) is under investigation by New Zealand’s Department of Internal Affairs (DIA). As per a report by Radio New Zealand, the DIA are investigating the
NZ church laundered millions thru OneCoin while under investigation Read More »
MyCoin24 provides no information about who owns or runs the company on its website. The MyCoin24 website domain (“mycoin24.net”) was first registered in May 2018. The domain registration was last updated and set to private on March 22nd, 2019. Various posts on MyCoin24’s official Facebook page are written in German: Note that the post above
Christian Laack’s OneCoin Ponzi spinoff Read More »
US Business World LLC provides no information on its website about who owns or runs the business. The US Business World LLC website domain (“usbwllc.com”) was first registered in 2015. The domain registration was last updated on September 12th, 2018. Bhupinder Singh is listed as the owner, through an address in Idaho. Further research reveals
JD Coin pump and dump altcoin Read More »
BrixTrades provides no information on its website about who owns or runs the business. The BrixTrades website domain (“brixtrades.com”) was privately registered on November 4th, 2018. A “sectional address” on BrixTrades website appears on a number of other websites; StockFX Pro, Apex Trade 247 and TradeOption 247. These companies all use the same website template
Binary options trading Ponzi scheme Read More »
BitTrain provides no verifiable information on their website about who owns or runs the business. The company does provide a series of random names it claims are management, however there is nothing to support these people exist as represented. For example, BitTrain’s co-founders are supposedly Allen Coko (CEO) and John Kin. Allen Coko doesn’t exist
BTRC Ponzi points investment scheme Read More »
Following the SEC filing for default judgment back in February, a $17.8 million final judgment has been made against DFRF Enterprises. Heriberto Perez Valdes, an individual defendant in the case, also received a separate $1.2 million judgment. The SEC filed a complaint against DFRF Enterprises back in 2015. DFRF Enterprises was a Ponzi scheme run
$17.9 mill DFRF final judgment, Heribeto Valdes up for $1.2 mill Read More »
Following withdrawal of Richard Maike’s attorney back in April, he was given thirty days to find new counsel. Maike is a named defendant in the DOJ’s Infinity2Global criminal case, which is scheduled to go to trial on July 22nd. In a new motion filed on June 10th, Maike advises the court he’s found a new
Richard Maike wants to delay Infinity2Global criminal trial to Feb 2020 Read More »
A defendant in the FTC’s case against Redwood Scientific Technologies has agreed to a permanent injunction and suspended monetary judgment. Danielle Cadiz (aka Danielle Walker, right) is a named defendant in the FTC’s lawsuit against Redwood Scientific Technologies. Redwood Scientific Technologies is the parent company of RengaLife. According to the FTC; Jason Cardiff, Eunjung Cardiff,
$18.2 mill suspended judgment in FTC’s RengaLife case (updates) Read More »
