An FTC investigation has revealed less than 1% of commissions paid out by Neora were tied to retail sales. Rather than admit the company operated as a pyramid scheme, Neora is suing the FTC. Although it’s being framed as a preemptive action, in reality Neora’s lawsuit is a response filing to an FTC investigation and […]
Neora demands pyramid scheme legalization, sues FTC Read More »
The FTC has filed a lawsuit against the MLM company Neora (formerly Nerium), and owner Jeff Olson. According to the FTC, Neora has operated as a pyramid scheme since inception as Nerium International in 2011. Up until earlier this year Neora went by Nerium International. BehindMLM reviewed Nerium International back in 2014. In our review
FTC sues Neora (Nerium) for being a pyramid scheme Read More »
BBC Token provides no information on its website about who owns or runs the business. BBC Token’s website domain (“bbctoken.app”) was privately registered on July 17th, 2019. 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.
Mobile app token Ponzi scheme Read More »
CryptScalper provides no information on its website about who owns or runs the company. CryptScalper’s website domain (“cryptscalper.com”) was privately registered on September 19th, 2019. On their website CryptScalper claims to be incorporated in the UK as “CryptScalper LTD”. UK incorporation is dirt cheap and for the most part unregulated. It is a favored jurisdiction
AI trading daily returns Ponzi scheme Read More »
Heal Worldwide operates in the nutritional supplement MLM niche. The company is based out of Florida and headed up by founder Stephen Munson. Although not credited on Heal Worldwide’s website, in one marketing video Munson also credits Lauren Barley, his mother, and Paul Munson (brother?), as founders of the company. In Munson’s own words, here’s
Dancing on the health claims line Read More »
Just shy of two weeks ago the Traffic Monsoon Receiver requested permission to engage Canadian attorneys. The attorneys are required to pursue judgement against Canadian Traffic Monsoon net-winners. On October 28th the Receiver’s motion was denied. In her denial order, Judge Parrish questioned why expensive experts in Canadian bankruptcy law are needed to enforce any
Traffic Monsoon Receiver denied use of Canadian attorneys Read More »
LuLaRoe has announced an early gift to its one hundred and sixty-seven Californian warehouse staff: They’re all going to be fired five days before Christmas. While the company would have probably preferred to have kept the announcement under wraps until the date itself, Californian law requires LuLaRoe to provide sixty days notice. The Press-Enterprise broke
LuLaRoe to fire warehouse staff five days before Christmas Read More »
Cloud Token is gearing up to pull a bait and switch on its investors. The “we use trading revenue to pay investors” facade is being replaced by a mandatory SIM card service – although official details have yet to be released. Instead we have Ronald Aai appearing in a private webinar with top Cloud Token
Ronald Aai reveals Cloud Token “no withdrawals” exit-scam Read More »
Uneasy alliances forged with the common goal of fleecing Cloud Token investors are coming to an end. Cloud Token withdrawals have been suspended for a month or more in some instances. Company support is MIA, reports of selective withdrawal payments are emerging and affiliates are getting restless. Cloud Token’s top “C4” recruiters are buckling under
Cloud Token withdrawal delays (1 month+), leaders fighting Read More »
Our last update on Melody Yiru’s lawsuit against WorldVentures noted a September 2018 order compelling arbitration. In an October 11th order, Yiru and WorldVentures filed a joint-motion requesting the case be reopened. It appears after a year arbitration between the parties has failed. Details of the arbitration proceedings are not made public in the joint-motion.
WorldVentures RICO pyramid arbitration fails, case reopened Read More »
