Scam updates

There are so many scams being launched that it would take a fully staffed office to keep track of them all and write reviews. It is surprising to see that people never learn, they lose money and start over and over in the hope that eventually they will be on the top of the pyramide – seem they dont understand that on the top sits the people behind the scam, the only one who makes money.

2020 scams (far from the full list)

Unity Line Builders – Crypto 2×1 matrix cycler Ponzi
They provide no information on its website about who owns or runs the company. Their domain, unitylinebuilders.com was privately registered on January 28th, 2020. Promoted by Johnny Gan (Ganoza), well known from a wide range of scams over the last few years; Xtreme Pro System (2014), Average Joe Profit System (2015), PowerPost Profits (2015), The PLR System (2015), The $100 System (2016), Post 2 Profits (2017), Hustle With Us (2017), BitPayProfits (2017), Infinity Loops (2018) and Paytron BTC (2019).

It seem education (ebooks) is the product, used by most crypto scams to try and avoid regulations. Payments and commissions are done solely in crypto.

As of march 03 their website still mainly contain of dummy content, so there dont seem to be any real business going on. Besides being promoted as a great opportunity online.

KryptoGlobe – 4ArtCoin Ponzi points
KryptoGlobe’s domain (kryptoglobe.com) was privately registered on November 30th, 2019. There is no real contact information on the business, they have stolen a picture online to represent their CEO.

KryptoGlobe affiliates use cryptocurrency to invest in 4ArtCoin. Commissions are paid when they recruit others who do the same. KryptoGlobe pays commissions via a unilevel compensation structur. There is very little information about the valuation of their 4ArtCoin, but it for sure will go up in value for no special reason, until it drops to zero one day.

Clube365 – another Bitcoin fraud
Their domain clube365.com was privately registered on December 4th, 2019. So a fairly new scam. It seem Sann Rodrigues could be behind, he is promoting the scam. For those who dont know him, he fled Brasil recently is seem to be hiding in Portugal, he was charged for the TelexFree scam and have also been involved in the iFreeX scam.

Clube 365 claims it generates returns via sports arbitrage, forex and cryptocurrency trading and binary options. With a well known scamster behind the scheme it is undoubtedly a fraud.

Brank Ponzi credits

On Brank’s LinkedIn profile, Daniel Noormohamed is identified as the company’s founder, Ari Maccabi act as co-founder (known from the Mining City scam). Alan Friedland is acting as advisor, he is known from the Fintech Investment Group and Compcoin, where Friedland stands accused of stealing $1.6 million from investors.

Brank affiliates invest $6.50 to $6,500 in tokens, which are sold for $1.30 each paid in Ether. Through their backoffice, Brank affiliates convert tokens into credits. Brank pegs the current internal credit value of credits to the rate of investment in tokens. Affiliates withdraw credits based on the current internal value through Brank’s internal exchange.

Commissions are paid using a unilevel pay plan. And they have a trading Tournament Referral Commissions. https://brank.io/

Seedchange – investment scam

This is not your typical MLM scam as they only pay commissions in two levels. But with guarantied returns of up to 1.8% per day it is clearly not your typical investment company either. All investments with daily returns are ponzi scams, simply as its not possible to guaranty returns in this range, 1.8% is more like what you would expect in 6-12 months.

Auric Energy – invest $100 or more and receive 0.5% a day for 285 days
JMW Farms – invest $200 or more and receive 0.5% a day for 290 days
Serene Fishing Company – invest $2000 or more and receive 0.6% a day for 255 days
XT Energy – invest $5000 or more and receive 0.7% a day for 230 days
Energeotek – invest $8000 or more and receive 1% a day for 170 days
Legacy Measurement Solutions – invest $10,000 or more and receive 1.1% a day for 165 days
St. Nicholas Court Farms – invest $18,000 or more and receive 1.3% a day for 147 days
Lakes Oil NL – invest $20,000 or more and receive 1.3% a day for 143 days
Tempus Applied Solutions – invest $30,000 or more and receive 1.5% a day for 147 days
Brightrock Gold Corporation – invest $50,000 or more and receive 1.8% a day for 155 days

Alliance Economics 2×3 matrix gifting scheme

Alliance Economics affiliates sign up and gift funds to an existing affiliate. This in turn qualifies them to receive gifting payments from subsequently recruited Alliance Economics affiliates. Alliance Economics tracks gifting payments through a 2×3 matrix. Contrary to what some might have told you, gifting is not legal when used solely for commissions. Website >>

For more information, visit Behind MLM for a detailed review >>

Digital Money Markets 1.5% daily Ponzi

Digital Money Markets affiliates invest $50 to $50,000. Funds are invested on the promise of a 1.5% ROI, paid daily for 135 days.To earn commissions you need to refer new investors, you also earn 10% direct commission on the invested amount.

They use a binary pay plan. And charge 5% on all transactions, in and out.

For more information, visit Behind MLM for a detailed review >>