Aldamax provides incomplete information on their website about who owns or runs the company. Aldamax’s CEO is simply referred to as “Nasser”. The company’s Marketing Director is supposedly Diego G. Barbosa. Further research reveals Nasser’s full name is Nasser Altayer. There is no mention of Altayer in connection with Aldamax outside of the company’s marketing […]
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Bitalium provides no verifiable information on its website about who owns or runs the company. The broken English corporate bio for “Sam Walch” is hardly confidence inspiring. In 2015 Sam Walch started cryptocurrency trading cooperative with a group of his fellow traders. Further research lead me to an Adam’s Family episode a marketing video, purportedly
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If you’re an Arbonne distributor you might want to keep an eye on your financial statements over the next few months. In an exhibit attached to a data breach notification letter filed with the Office of the Attorney General of California, Arbonne has disclosed a data breach. The incident happened on April 20th, with Arbonne
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Strongbox250 launched a few weeks ago and provides a corporate address in London, UK on its website. Further research reveals this is a virtual address provided by The London Office. In their compensation plan material, Strongbox250 provides also provides a UK incorporation number. This corresponds with Strongbox250 Limited, which was incorporated in February 2020. UK
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Renao Global operates in the travel, tech and nutritional supplement MLM niches. Despite not existing up until a few months ago, Renao Global claims it has “a proven track record spanning almost 2 decades”. We opened our doors initially in 2002 with an unbelievable story against all odds as there are with any network marketing
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TelexFree Brazil co-owners Carlos Wanzeler and Carlos Costa have been sentenced to twelve and a half years in prison. The pair have also been fined R$1 million ($183,698 USD) each. There’s a few TelexFree cases going on in Brazil, but I believe this is the Espirito Santo criminal case that emerged in 2017. Of note
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A report from Morning News Direct Sales alleges that Jeunesse products worth 1.5 billion yuan were seized on May 19th. The haul equates to $210 million dollars in seized inventory, and is the second largest seizure of Jeunesse products to date. As per Morning News Direct Sale’s report, Jeunesse’s products were being smuggled into China
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Suponic Global provides no information on their website about who owns or runs the company. In fact as I write this, Suponic Global’s website is just an affiliate login form. Languages offered on Suponic Global’s website are English, Korean, Japanese and Chinese, suggesting a focus on Asia. Appearances can be deceiving however, with further research
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Antares Trade operates in the cryptocurrency MLM niche. The company represents it is founded and run by “Alex Richter”: Richter is a good candidate for a Boris CEO, meaning he’s played by an actor. This is primarily based on Richter not having a digital footprint until Antares Trade’s launch a few months ago. Richter also
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Fun5 Exchange operates in the cryptocurrency MLM niche. The company does provide an executive team on their website, however none of these people appear to actually exist. Someone also forgot to create fake LinkedIn profiles for them and/or disable the feature from Fun5 Exchange’s website theme. Fun5 Exchange’s website domain (“fun5exchange.com”) was privately registered on
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