FCML provides no information on its website about who owns or runs the company. FCML’s website domain (“fcml.ltd”) was privately registered on February 18th, 2020. In an attempt to appear legitimate, FCML provides a UK incorporation number corresponding to “Forex Capital Marketing Limited”. Forex Capital Markets Limited was incorporated in September 2000. Whether the incorporation […]
“Very decent cryptocurrency related” Ponzi Read More »
Plumtroid provides no information on its website about who owns or runs the company. Plumtroid’s website domain (“plumtroid.com”) was registered on February 15th, 2020. “Divide Milton” is listed as the owner, through a fake address in New York. Given the fake address provided, it’s assumed “Divide Milton” doesn’t exist either. As always, if an MLM
Mark’s Trading Business Ponzi (who?) Read More »
I came across Jaa Lifestyle as part of my research into Lifestyle Marketing Group. I found it odd that Lifestyle Marketing Groups’ CEO Shain Hymon appeared to be heading up two companies simultaneously. Not wanting things to get complicated, I published our Lifestyle Marketing Group review and marked Jaa Lifestyle for a separate look. I
Lease To Own mag sub pyramid scheme Read More »
Vivri is based out of Texas. The company operates in the nutritional supplement and personal care MLM niches. Heading up Vivri is founder and CEO Daniel Chavez Saul. According to Saul’s Vivri corporate bio, he worked previously as an investment banker in New York for Goldman Sachs and as a strategy consultant for McKinsey &
Pay to play affiliate autoship recruitment Read More »
Regulators are belatedly turning up the heat on Crowd1 in South Africa. The latest regulatory body to announce it is investigating the Ponzi scheme is the National Consumer Commission (NCC). As per their website, the NCC is the primary regulator of consumer-business interaction in South Africa. South African media are reporting the NCC has confirmed
South Africa’s NCC finally announces Crowd1 investigation Read More »
Almost a year ago to the day, Mark and Tammy Smith’s lawsuit against Neora was ordered into arbitration. The decision was appealed but I believe ultimately Neora prevailed in getting arbitration held in Texas. On June 1st 2020, The Smiths filed a voluntary notice of dismissal. If a settlement was reached between the Smiths and
Smiths’ $100M Neora lawsuit dismissed following arbitration Read More »
On June 1st Eaconomy filed a motion to show cause, alleging Auvoria Prime should be held in contempt for violating an agreed upon restraining order. The agreement was reached in April in lieu of a requested injunction, saving court time and legal fees for both parties. As per the stipulated restraining order, Auvoria Prime and
Auvoria Prime up for contempt in Eaconomy case Read More »
The Traffic Monsoon Receiver has published her first claims report. Detailing where the claims process is at, the Receiver reveals that one Traffic Monsoon “victim” tried to claim $99 trillion dollars. I can’t say for sure but it seems pretty obvious whoever claimed $99 trillion was attempting to undermine the victim claims process. If I
Traffic Monsoon “victim” claims $99 trillion dollars Read More »
EtherChain provides no information on its website about who owns or runs the company. EtherChain’s website domain (“etherchain.io”) was registered on June 1st, 2020. Ether Chain is listed as the owner, through an incomplete address in Skane, Sweden. Further research reveals EtherChain affiliates citing Andreas Kartrud as CEO and founder of the company: I was
ETH smart contract Ponzi scheme Read More »
Following confirmation on Twitter that Crowd1 operates illegally in South Africa, the FSCA has now issued a formal statement. According to the FSCA, South Africa’s top financial regulator, Crowd1 is neither an authorised Financial Service Provider (FSP), nor is it a representative of an authorised FSP. There is also no record of this entity having
Official Crowd1 fraud warning from South Africa’s FSCA Read More »
