EditorThe Serious Fraud Office (SFO) has secured a £283,321 confiscation order against David Ames, who was convicted of defrauding thousands of victims through a Caribbean island timeshare fraud. This marks…
EditorAlso available via Apple Podcasts, PodBean, Spotify and more Prof. Gillian Mathys (University of Ghent) joins Philip Gooding to discuss her newly published book “Fractured Pasts in Lake Kivu’s Borderlands: Conflicts,…
EditorGraham McNulty has been appointed to lead the Serious Fraud Office as Interim Director. He will take over from Nick Ephgrave QPM on his retirement at the beginning of April.…
EditorAlso available via Apple Podcasts, PodBean, Spotify and more Prof. Eric Jennings (University of Toronto) joins Philip Gooding to discuss his newly published book “Vanilla: The History of an Extraordinary…
EditorIn May this year the Serious Fraud Office (SFO), France’s Parquet National Financier (PNF) and the Office of the Attorney General of Switzerland (OAG) will host an international economic crime…
EditorWe use some essential cookies to make this website work. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. We…
EditorThe Serious Fraud Office (SFO) has secured the conviction of the director of AOG Technics, a company that sold aircraft engine parts with forged documentation. Parts sold were fitted into…
EditorWhistleblowing is when an employee or ex-employee reports suspected wrongdoing at work. Officially this is called “making a disclosure in the public interest”. If you suspect wrongdoing in your workplace,…
EditorThe Serious Fraud Office (SFO) has today published updated guidance on evaluating corporate compliance programmes, providing organisations with greater clarity on how their compliance arrangements will be assessed across a…
EditorAlso available via Apple Podcasts, PodBean, Spotify and more Kundai Manamere (University of the Free State) joins Philip Gooding to discuss her newly published book “Malaria on the Move: Rural…
EditorIntroduction There are six scenarios in which the SFO may need to evaluate an organisation’s compliance programme. These are to determine whether: a prosecution of the organisation is in the…
EditorThe Bitharvest Ponzi scheme has collapsed. Withdrawals have been disabled, plans to flee to Dubai have been revealed and there’s talk of an FTT token exit-scam. BitHarvest is an MLM…
EditorAndre and Monique Vaughn have been ordered to pay $1,776,626 in taxes. On behalf of the IRS, the DOJ filed suit against the Vaughns in Pennsylvania on June 21st, 2021.…
EditorPoolPay$ fails to provide ownership or executive information on its websites. PoolPay$ operates from two website domains: poolpays.com – privately registered on September 9th, 2025 poolpays.app – privately registered on…
EditorHolton Buggs appears to have sold what’s left of iBuumerang to Risen Live. While Buggs began appearing in Risen Live marketing material in early October… …Buggs waited till October 20th…
EditorThe Serious Fraud Office (SFO) today issued an appeal for investors to come forward with any information they hold about the collapse of a $28 million cryptocurrency scheme called Basis Markets. …
EditorSaxAI provides bogus ownership and executive information on its website. SaxAI operates from three known website domains: saxai.cloud (marketing) – privately registered on April 21st, 2025 saxai.io (already abandoned) –…
EditorItalian authorities have concluded an investigation into Daniele Marinelli’s Ushare Ponzi scheme. Including Marinelli, twenty-five suspects have accused of fraud, financial misconduct, money laundering and embezzlement. BehindMLM reviewed Ushare in…
EditorI’m prefacing this article by by stating both Immunotec and My Daily Choice are obfuscating the nature of their recent business arrangement. As such there’s a bit of guess work…
EditorJarvis AI fails to provide ownership or executive information on its website. Jarvis AI’s website domain (“jarvisai.shop”), was privately registered on October 8th, 2025. Of note is Jarvis AI’s domain…
EditorGreenCO2 fails to provide ownership or executive information on its websites. GreenCO2 operates from XX known website domains: greenco2.pro (marketing) – greenco2.online (app) – privately registered on October 5th, 2025…
EditorConnect Dating fails to provide ownership or executive information on either of its websites. Connect Dating operates from two known website domains: connectdating.net – registered on November 12th, 2024, private…
EditorOrbis Exchange fails to provide ownership or executive information on its website. Orbis Exchange’s website domain (“orbisvip.com”), was privately registered on September 21st, 2025. Of note is Orbis Exchange’s website’s…
EditorAlso available via Apple Podcasts, PodBean, Spotify and more Everjoy Grace Chiimba (University of Bonn) joins Philip Gooding to discuss her ongoing paper, which explores youth narratives and organization following…
EditorJames Ward will pay an $80,000 civil penalty after defrauding consumers through Apex Financial. Apex Financial was an MLM crypto Ponzi launched in 2021. The scheme was built around APT, a…
EditorNelo Life has announced a near identical clone of the TranzactCard “Z-Bucks” disaster. TranzactCard launched in 2023 and was an effective reboot of Richard Smith’s collapsed R Network scheme. At…
EditorMy Forex Freedom fails to provide ownership or executive information on its website. My Forex Freedom’s website domain (“myfxfreedom.com”), was privately registered on July 14th, 2025. If we click on…
EditorLiz Collery, Case Controller at the Serious Fraud Office (SFO), has won the Outstanding Female Economic Crime Professional award at the annual Tackling Economic Crime Awards (TECAs). The TECAs celebrate individuals and organisations…
EditorCryptoProgram promoter Scott Alexander Morris has settled a defamation lawsuit filed by Brandon Williams, owner of the Ponzi Patrol YouTube channel. Morris is known to BehindMLM as a serial promoter…
EditorNoted as far back as May, BitClub Network defendant Joby Weeks has been flooding his criminal case docket with motions and notices. Most of the motions aren’t worth reporting in…
EditorVeraxis markets itself as Veraxis Global Business School. As far as I can tell, Veraxis is not accredited by any education board. That’s first and foremost because Veraxis isn’t a…
EditorAM, or Alpha Metrics Engine, fails to provide ownership or executive information on its website. AM’s website domain (“amengine.cc”), was registered in October 2024. The private registration was last updated…
EditorThe third iteration of iGenius’ CoinPro offering sees it partnering up with Blue Square Wealth, an SEC-registered US firm. iGenius launched CoinPro in mid 2024. The first CoinPro iteration was…
EditorSageMaster has received a securities fraud warning from Austria’s Financial Market Authority (FMA). As per FMA’s November 3rd SageMaster warning; [SageMaster TechHost Worldwide Inc.] is not authorized to conduct securities…
EditorOn the heels of MetaMask flagging DAO1 back in July, Xova has been launched. Xova operates from the website domain “xovawallet.com”, privately registered on August 22nd, 2025. No ownership details…
EditorBit Mining fails to provide ownership or executive information on its website. Bit Mining’s website domain (“betmee.com”), was privately registered on August 12th, 2025. As always, if an MLM company…
EditorScammers have resurrected the collapsed Traffic Monsoon Ponzi scheme for a second time. The original Traffic Monsoon Ponzi operated from the domain “trafficmonsoon.com”, which as of today remains disabled. In…
EditorA lawsuit filed by Brian McMullen has accused former business partner Hassan Mahmoud of raiding Iqonic to launch Noa. McMullen’s lawsuit also fills in some gaps with respect to the…
EditorIn a lawsuit filed against fellow Jifu co-founder Kyle Copeland, Bradley Boyle has made allegations of “legally risky business practices”. Boyle’s lawsuit also seems to suggest the FTC and State…
EditorZionix Global has lost two website domains over the past week. The investment scam has rebooted on a third .AI domain. Rather than be honest about losing its first two…
EditorA Temporary Receiver has taken control of assets hidden by Iyovia husband-and-wife co-founders, Chris and Isis Terry. Court filings reveal “a vast web of companies and real estate holdings” used…
EditorKhayaConnect operates in the cell service MLM niche. As per the “About Our Company” section of KhayaConnect’s website; Khaya Connect (Pty) Ltd is a registered private company in South Africa,…
EditorZirapTech fails to provide ownership or executive information on its website. ZirapTech’s website domain (“ziraptech.io”), was privately registered on August 29th, 2025. As always, if an MLM company is not…
EditorQuinex operates in the MLM cryptocurrency niche. The company does not provide a corporate address on its website. Heading up Quinex we have “Sebastian Abrego“: Abrego is represented by a…
EditorAnother twenty-six victims of QNet recruitment trafficking have been rescued in Ghana. Ghanian authorities, working with QNet, made nine arrests on October 17th. This time around the trafficked QNet victims…
EditorThe Serious Fraud Office (SFO) is appealing for information from the public in relation to a multi-million-pound timeshare services scheme, as it expands an ongoing fraud investigation from 19 to…
EditorWhile Blockchain Sports has always represented itself to be based out of Dubai, scammers behind the Ponzi scheme appear to be operating from Russia. Blockchain Sports is an MLM crypto…
EditorSuperOne token bagholders (promoters of the Ponzi scheme), are still looking for new victims. SuperOne’s latest marketing grift is jumping on the AI bandwagon. SuperOne is run by Norwegian national…
EditorEvery villain has an origin story. While we might not ever know how deep the rabbit hole goes, we now know, for a few years at least, Josip Heit and…
EditorBehindMLM reviewed Unicity as Unicity International back in 2013. We weren’t impressed with what amounted to a $125 a month autoship recruitment scheme. At the request of a reader, today…
EditorSomebody has set up an Antares Trade recovery Ponzi. The new scam has been set up on the domain “antarestrade.live”, privately registered on September 18th, 2025. Antares Trade was a…
EditorPTGR AG operates in the cryptocurrency MLM niche. PTGR AG’s website domain (“ptgr.io”), was privately registered on January 26th, 2025. Heading up PTGR AG we have founder and CEO Pan…
EditorAll InX fails to provide ownership or executive information on its website. All InX’s website domain (“allinx.io”), was privately registered on July 28th, 2025. It should be noted the first…
EditorLuLaRoe co-founder Mark Stidham passed away on September 25th at the age of sixty-eight. Stidham is believed to have died of complications related to pancreatic cancer. BehindMLM wouldn’t typically note…
EditorChen Zhi, founder and Chairman of Prince Holding Group, has been indicted on wire fraud and money laundering charges. Zhi, originally from China, appears to be a primary link between…
EditorJacques Marais has rebooted his multi-collapsed Infinity Grid MLM gifting scheme. Victims of the scam are also being recruited under Marais into LevAI. Marais (right) is a longtime fraudster tied…
EditorBitHarvest has received an investment fraud warning from the Dutch Authority for the Financial Markets (AFM). As per the AFM’s October 7th BitHarvest warning; The Netherlands Authority for the Financial…
EditorBehindMLM has published two LifeVantage reviews to date; the first in 2015 and a second in 2019. In September 2025, LifeVantage announced it had acquired LoveBiome. This prompted a BehindMLM…
EditorClayton and Elisha Sampson have been ordered to pay $750,000 in punitive damages. In awarding punitive damages on September 30th, the court noted discrepancies in the Sampsons’ testimony and failure…
EditorVault27 fails to provide ownership or executive information on its website. Vault27’s website domain (“vault27.net”), was registered in February 2023. The private registration was last updated on January 5th, 2025.…
EditorAtomicMeta fails to provide ownership or executive information on its website. AtomicMeta’s website domain (“atomicmeta.com”), was first registered in 2021. The private registration was last updated on July 27th, 2025.…
EditorZeus Funding, aka Zeus 12X, doesn’t appear to have a website. Instead, the MLM opportunity is run through a shady Telegram group named “@zeusinstant”. Neither Zeus Funding’s official marketing material…
EditorJacques Marais has rebooted his multi-collapsed Infinity Grid MLM gifting scheme. Victims of the scam are also being recruited under Marais into LevAI. Marais (right) is a longtime fraudster tied…
EditorGSQTP fails to provide ownership or executive information on its website. GSQTP operates from three known website domains; “gsqtp.com”, “gsqtp.ai” and “gsqtp.top”. All of GSQTP’s website domains were privately registered…
EditorTitan FX fails to provide ownership or executive information on its website. Titan FX’s website domain (“thetitanfx.io”), was privately registered on March 28th, 2025. Without explanation, on its website Titan…
EditorBeyond Slim has abandoned its MLM business model. I couldn’t find any official announcement but the change appears to have taken place towards the end of last month. On October…
EditorTBR Powerup System fails to provide ownership or executive information on its website. TBR Powerup System’s website domain (“tbrpowerupsystem.com”), was privately registered on July 1st, 2025. Marketing videos on TBR…
EditorThe DOJ has requested Juan Carlos Reynoso’s contempt penalty be increased to $20,000 a day. Reynoso, a key figure in the collapsed OmegaPro Ponzi scheme, was the recipient of a…
EditorHaving failed to locate NovaTech FX co-founders Cynthia and Eddy Petion in Panama, the SEC now opines the Petions may have fled to Dubai. The SEC’s latest disclosure was made…
EditorVortic United has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC). ASIC added Vortic United to its Investor Alert List on October 1st, 2025. [Vortic United]…
EditorUniWeb fails to provide ownership or executive information on its website. UniWeb’s website domain (“uniwebcorp.com”), was privately registered on May 10th, 2025. It should be noted that everything on UniWeb’s…
EditorMohammed “Moe” Diab is seeking to capitalize on a court-ordered mistrial. Diab, COO of Allied Wallet, was indicted on conspiracy to commit wire and bank fraud charges in 2021. Following…
EditorCapitalSpring fails to provide ownership or executive information on its website. CapitalSpring’s website domain (“credi-spring.org”), was privately registered on August 17th, 2025. One name we can attach to CapitalSpring is…
EditorToFro has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV). As per CNMV’s September 8th warning; ToFro Exchange is not authorised to provide the…
EditorEight years after OneCoin’s collapse, German prosecutors have filed charges against founder Ruja Ignatova. Instead of the timely pursuit of justice (Ignatova is a German national German authorities could have…
EditorAlso available via Apple Podcasts, PodBean, Spotify and more Prof. Devika Shankar (The University of Hong Kong) joins Philip Gooding to discuss her new book, An encroaching sea : nature, sovereignty…
EditorTCPatel fails to provide ownership or executive information on its website. TCPatel operates from two known website domains: tcpatelfunds.com (already abandoned) – privately registered on June 15th, 2025 tcpatel.vip –…
EditorIn a bid to avoid prison time, Faraday Hosseinipour has thrown her brother-in-law under the bus. As a top promoter of the Infinity2Global Ponzi scheme, Hosseinipour was convicted by a…
EditorAarman fails to provide ownership or executive information on its website. Aarman’s website domain (“aarman.com”), was registered in November 2000. The private registration was last updated on September 10th, 2024.…
EditorLevAI fails to provide ownership or executive information on its website. LevAI’s website domain (“getlev.ai”), was privately registered on July 18th, 2025. Further research reveals offsite LevAI marketing citing Blake…
EditorSevinity operates in the nutritional supplement MLM niche. A corporate address isn’t provided on Sevinity’s website. As per Sevenity’s website Terms of Use however; All arbitration proceedings will be held…
EditorFinal judgment has been handed down against three defendants in the ongoing TelexFree class-action. On August 7th Judge Gorton issued a non-descript summary judgment order. On August 27th Judge Gorton…
EditorThe North American Securities Administrators Association (NASAA), has cited thirteen GSPartners enforcement actions as examples of US state regulators “fighting fraud”. GSPartners launched in 2020 and was a fraudulent investment…
EditorThe North American Securities Administrators Association (NASAA), has urged the US House Committee on Financial Services not to weaken state securities regulators. Several MLM related fraud cases, initiated by state…
EditorShao Bank has received a desist and refrain fraud order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s August 13th Shao Bank order; Shao Bank was…
EditorFintoch has received a desist and refrain fraud order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s August 13th Fintoch order; Beginning at least as early…
EditorSince the cusp of the COVID-19 pandemic, Zinzino has been acquiring MLM companies at an impressive rate. Things started off slow back in 2019, but in the last year alone…
EditorWeFi operates in the cryptocurrency MLM niche. WeFi’s website address (“wefi.co”), was registered in January 2024. The private registration was last updated on November 30th, 2024. WeFi does not provide…
EditorMaoPay fails to provide ownership or executive information on its website. MaoPay’s website domain (“maopay.ai”), was privately registered on April 4th, 2025. On its website MaoPay provides a purported corporate…
EditorHydromono fails to provide ownership or executive information on its website. Hydromono’s website domain (“hyodromono.com”), was privately registered on June 25th, 2025. On its website Hydromono provides an incomplete corporate…
EditorAlso available via Apple Podcasts, PodBean, Spotify and more Prof. Fiona Williamson (Singapore Management University) joins Dr. Philip Gooding to discuss her recently published monograph: Imperial Weather Meteorology, Science, and…
EditorHW Mall fails to provide ownership or executive information on any of its websites. HW Mall operates from four known website domains: smartminingusdt.mom – privately registered on July 16th, 2025…
EditorRecent floods from Tropical Storm Debby have affected most of the east coast of the United States. Extensive damage to homes and property means that millions of people are working…
EditorNine promoters of the Coinplex Ponzi scheme have been arrested in Poland.The Central Office for Combating Cybercrime (CBZC) announced the September 1st arrests on September 9th; Officers from the Rzeszów…
EditorOne of the ways that the CFPB promotes more innovation in the market and competition for consumers is by increasing transparency about how existing laws apply to emerging products. That’s…
EditorThe Serious Fraud Office (SFO) has secured £1.1 million from the sale of a Lake District house in an investigation involving its first use of an Unexplained Wealth Order (UWO).…
EditorE-Estate fails to provide verifiable ownership or executive information on its website. E-Estate’s website domain (“e-estate.co”), was privately registered on September 9th, 2024. While E-Estate does provide a list of…
EditorThis week, CFPB Director Rohit Chopra will visit Alaska to meet with Tribal leaders, financial institutions, and consumer advocates to discuss the consumer finance issues impacting Alaskans’ lives. Since the…
EditorOmnisphere fails to provide ownership or executive information on its website. Omnisphere’s website domain (“omnisphere.org”), was privately registered on December 3rd, 2024. Over on FaceBook we find Omnisphere’s official group…
EditorA key priority for the CFPB is preserving relationship banking in an era of increasing digitization. Over the last year, we have been carefully studying trends in how people access…
