The Philippines SEC has issued a fraud warning against the Forsage gifting scheme. They’ve also outed Lado Okhotnikov as owner of the scam. The SEC’s three-page warning was issued on June 30th. The regulator writes The entity operating under the name FORSAGE, headed by LADO OKHOTNIKOV, is found to be engaged in investment-taking activities in […]
Forsage fraud warning issued by Philippines SEC Read More »
AMZCoin provides no information on its website about who owns or runs the company. AMZCoin’s website domain (“amzcoin.technology”) was registered in October 2019. The registration is marked private, save for disclosing Portugal in the provided address. As per a whitepaper hosted on AMZCoin’s website; VISIONARIA is a Business Hub that makes investments in several sectors
AMZCoin Review: AMZ Ponzi points scheme Read More »
EasyClub doesn’t have a website per se. The company is primarily promoted across social media, namely Facebook and Telegram. A supposed “open-source website” has been setup at “ecgame.netlifly.app”. Netlify bills itself as “the fastest way to build the fastest sites”. Beyond being a host provider, I don’t believe the company has any relationship to EasyClub.
0.01 ETH daily ROI Ponzi scheme Read More »
Dutch media are reporting several police units responded to a situation at Igor Alberts’ and Andreea Cimbala’s Netherlands residence. The incident took place on Sunday evening and may have involved armed individuals. Several police units, a helicopter, a canine unit and team of DSI agents responded to the incident. The DSI is the Special Intervention
Police swarm Igor Alberts’ & Andreea Cimbala’s house Read More »
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 »
