Wellness BioSciences RX operates in the nutritional supplement MLM niche. The company does not provide a corporate address on its website. That said, Wellness BioSciences’ website domain was registered through a PO Box in Texas. Heading up Wellness BioSciences RX are co-founders Barry Cocheu and Sean M. Baker. Barry Cocheu recently featured on BehindMLM as […]
CBD oil without retail focus Read More »
Daniel Filho might have dodged prison time but the SEC aren’t letting their civil case go. In a September 25th Motion for Default Judgement, the SEC seek to hold Filho accountable for $10.2 million dollars. The SEC’s motion was filed against Filho and DFRF Enterprises insiders Wanderley Dalman, Gaspar Jesus, Eduardo Da Silva and Romildo
Default judgement sought against Filho & DFRF defendants Read More »
VRB Corporation provides no information on its website about who owns or runs the business. VRB Corporation’s website domain (“vrb.co”) was first registered in November 2014. The domain registration was last updated in July 2019, which appears to be around the time its current owners took possession of it. On social media, VRB Corporation’s CEO
VRT Ponzi points investment fraud Read More »
A superseding indictment has added one count of Conspiracy to Commit Bank Fraud against Mark Scott. The superseding indictment was filed on October 3rd, a month shy of Scott’s November 4th trial. As per the new count, the DOJ asserts Scott and others known and unknown, willfully and knowingly did combine, conspire, confederate, and agree
Bank fraud added to Mark Scott’s OneCoin indictment Read More »
In an internal email sent out to distributors, AdvoCare CEO Patrick Wright has categorically denied the FTC’s allegations. As per the settlement reached between the two parties, AdvoCare ‘waive(s) all rights to appeal or otherwise challenge or contest the validty of (the court’s) order‘. Patrick Wright’s email states that AdvoCare ‘strongly disagree(s) with the FTC’s
AdvoCare CEO denies FTC allegations, settlement violation? Read More »
The Indian regulatory crackdown on QNet continues, following three new arrests by the Odisha EOW. Properties connected to QNet and eBiz in Hyderabad have also been seized. Sarat Kumar, Debabrata Harichandan, Chandan Kumar Mahalik have been arrested by the EOW for promoting QNet. The trio, along with others, were said to have hatched a criminal
Three new QNet arrests, eBiz asset seizures in India Read More »
Back in May AdvoCare announced it was terminating its MLM opportunity. According to the company, the decision was made following “confidential talks with the FTC”. Today the FTC finally revealed that AdvoCare had been investigated and found to be a pyramid scheme. The FTC alleges that through it’s pyramid scheme, AdvoCare and former CEO Brian
AdvoCare pyramid scheme busted by FTC, fined $150 million Read More »
The Zeek Rewards Receiver’s contempt motion against VictoriaBank has been denied. The news comes via an October 1st order, issued following a motion hearing on the same date. Detailed reasoning for the order isn’t provided. For the reasons stated in open court, IT IS THEREFORE ORDERED that the Receiver’s Motion and Renewed Motion are DENIED
Zeek Receiver’s VictoriaBank contempt motion denied Read More »
Pwan Group came across my desk as Pwan Homes. Trouble is while while Pwan Homes talked about home ownership, there didn’t appear to be an actual MLM opportunity attach. Research lead me to Pwan Group, which seems to be the actual MLM opportunity. Although it’s likely that interest in Pwan Homes is non-existent outside of
Real estate ruse pyramid scheme Read More »
A short update note on the Digital Altitude Receiver’s website informs visitors that the Receivership is due to wind down soon. Victims of the $54 million dollar scam have also been advised they are mostly screwed. The Receiver’s latest update appears to have gone live on or around September 24th. It’s short and sweet; The
Digital Altitude Receivership winding up, victims screwed Read More »
