Tag: Scam
Serial Ponzi Promoter Simon Stepsys Sentenced To Jail In The UK
December 21, 2022
Serial Ponzi promoter Simon Stepsys, 55, sold himself as an internet millionaire, posing with supercars. His plugs to ‘get rich’ schemes were linked to further ‘misleading’ schemes Warrington Magistrates’ court (UK) heard he spent almost £200k on ...
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Root Wellness Accused Of Fraud By Top Network Marketing Professionals
May 30, 2022
Root Wellness stated in their company profile: “At ROOT, our goal is to create products that honestly improve your life on a daily basis. We know that when you love something, it’s only natural to share ...
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Amway: We Stand Behind our Business in India
May 2, 2022
According to an Amway press release: Since 1998, Amway has been providing innovative, world-class nutrition, beauty and healthy home products to the citizens of India through its network of hundreds of thousands of Amway Business Owners, ...
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Zeniq Coin Review: A Ponzi Scheme
April 19, 2022
In the past years hundreds of crypto coins have been launched with a Network Marketing compensation plan attached and 99,99% of them are out of business. It is not a good marriage… The company CEO Erwin ...
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Government Accuses Amway India To Be A Scam
April 19, 2022
About $100 million frozen. According to a press release of the Enforcement Directorate of India: “Enforcement Directorate (ED) has provisionally attached assets worth Rs.757.77 Crore belonging to M/s. Amway India Enterprises Private Limited, a company accused ...
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Hyperfund And Hyperverse – UK Financial Authorities Official Warnings!
December 13, 2021
In the United Kingdom the Financial Conduct Authority (FCA) is the conduct regulator for around 51,000 financial services firms and financial markets. On 10 December the FCA warned the public for investments in Hyperfund and Hyperverse. ...
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Hyperfund USA Event Exposed – A Cover Up
October 19, 2021
From 18 – 2o November in Miami, Florida, USA a “3-Day Cryptocurrency Conference” will be held. Top HyperFund promoters Kalpesh Patel (UK) and Rodney Burton (USA) both involved for years in scams like Zeek rewards, USi-tech, ...
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Mind.Capital Banned In Italy, Spain And Texas
July 26, 2020
In Italy Consob has ordered: The black-out of Mind.Capital that illegally offer financial services/financial products. In Januari 2020, The National Securities Market Commission ( CNMV) in Spain confirmed Mind Capital is committing securities fraud. Mind.Capital is ...
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Crowd1 Fights Back Against False Claims And Unjustified Accusations
July 2, 2020
According to a Crowd1 press release: There are several slanderous, false claims and unjustified accusations circulating against Crowd1, our business model, and the affiliate members. Crowd 1 has, therefore, decided to publish the following statements and ...
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The South Africa Financial Sector Conduct Authority (FSCA) Warns For Crowd1
June 23, 2020
Today, the Financial Sector Conduct Authority in South Africa(FSCA), has send out in an official press release, a full warning for Crowd1 FSCA statement on Crowd 1: The Financial Sector Conduct Authority (FSCA) warns the public ...
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Crowd1 Warnings From Regulators In South Africa And Vietnam
June 21, 2020
Crowd1 has a monthly revenue of approx $80 – $100 Million and signed up approx. 6 million members. Last week we decided to delist Crowd1 from our Direct Selling database as 6 other countries warned against the ...
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Mik Bijleveld & Mik Moves Fraud and Scam Warning
February 8, 2020
In our opinion, Mik Bijleveld also known as “Mik Moves” is a Dutch scam artist and active in the worldwide Network Marketing Scene. She left the Netherlands a couple of years ago. Her website www.exclusive-sailing.com is a “honeypot” ...
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