BehindMLM Reports: MMM Asia Ponzi scheme busted by Indian CID

MMM Asia promises investors 100% a month ROI on bitcoin investment

mmm-global-logo

MMM Asia is an offshoot of the MMM Global Ponzi scheme. Like MMM Global, MMM Asia promises investors 100% a month ROI on bitcoin investments. Through a centrally-managed cash gifting scheme, MMM Asia tracks newly invested funds which are used to pay off existing investors. MMM Global ran out of newly invested funds and collapsed earlier [Continue reading…]

Source: MMM Asia Ponzi scheme busted by Indian CID

Read the full article and join in the discussion over at BehindMLM.

#BehindMLM

BehindMLM Reports: James Merrill no longer under curfew and monitoring

TelexFREE Co-Founder James Merrill probation officer recommend the current curfew and monitoring in place be removed

telexfree-logo

Last week James Merrill’s probation officer recommend the current curfew and monitoring in place be removed. Since the restrictions were imposed two years ago, Merrill has only violated his curfew once in a minor incident he accepted full responsibility for. In an order issued on July 26th, Judge Hennessy signed off on the Probation Officer’s [Continue reading…]

Source: James Merrill no longer under curfew and monitoring

Read the full article and join in the discussion over at BehindMLM.

#BehindMLM

BehindMLM Reports: OneCoin’s OneLife YouTube channel terminated (scam policy)

YouTube has removed the OneCoin video for violating their policy on ‘spam, deceptive practices and scams‘.

ruja-ignatova-onecoin-onelife

Earlier today OneCoin’s CEO appeared in a YouTube video to promote the scheme’s new €118,000 EUR investment packages. Less than 24 hours after it was published, YouTube has removed the OneCoin video for violating their policy on ‘spam, deceptive practices and scams‘. Without ruling out the violation of more than one, which of the three YouTube [Continue reading…]

Source: OneCoin’s OneLife YouTube channel terminated (scam policy)

Read the full article and join in the discussion over at BehindMLM.

#BehindMLM

MLM Legal Alert: Fraud Alert: Banner Brokers Claims Form Fraudulently Claims MLM Law Firm Thompson Burton Is Their Legal Counsel

KT

I just picked up this legal alert from MLM Attorney Kevin Thompson. It seems someone connected with the Banner Broker Ponzi/Pyramid scheme is trying to steal from unsuspecting people. We saw some major lying going on last year, when people affiliated with Banner Brokers lied on their facebook page that Rod Cook (MLM Watchdog) and myself had tried to extort money from them. So it seems they may be up to their old tricks.

MLM Attorney Kevin Thompson

 

There’s an online form on the internet about Banners Brokers claiming to be from Thompson Burton PLLC (our law firm). DO NOT FILL OUT THIS FORM. It’s fraudulent. We did not create this form, or anything like it. We are not representing Banners Brokers or Profit Clicking participants. The image of the form can be found below. The form is requiring highly sensitive information, such as your usernames and passwords for Payza and Solid Trust Pay accounts. It’s also asking for credit card information. If you filled out the form, we strongly suggest you change your passwords and cancel your credit cards immediately. If you have information about the person behind this form, please provide it to us here.

Click here to read the full article…

Breaking Zeek Rewards News: Courts Approved Zeek Rewards Claims Process

lawyers

The long awaited Zeek Rewards Claims Process has been approved by the courts. Below you can find links to all the court documents, along with when you can expect he process to go live.

ATTENTION: You will have 120 days to file a claim from May 8th, 2013. The Claims Process will be live within 14 days of May 8th 2013.

ORDER Approving (I) Claims Process, (II) Setting of Bar Date and (III) Approving Notice Procedures re: 138 Motion. Signed by Senior Judge Graham Mullen on 5/8/2013. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D) (Pro se litigant served by US Mail.)(tmg) (Entered: 05/08/2013)

All Rex Venuture Group, LLC aka Zeek Rewards Court Documents Can Be Reviewed By Clicking Here!

 

MLM Internet Mall Scam Shutdown By California AG Edmund Brown

MLM Internet Scams, from online shopping malls, to reverse auction companies seem to be attracting some good people who are looking for additional income streams during this current Recession.

Big Co-op Inc dba Ez2Win.Biz, based out of California, was shut down, when Edmond G. Brown, A.G. of California, arrested it’s flamboyant owners.

The California A.G. has taken off the gloves when it comes to cleaning up purported MLM/Network Marketing Pyramid and Ponzi schemes in his state. And he doesn’t care if they are brick and mortar or internet based companies.

And… He has also engaged the support of Attorney Generals in other states who are also taking up the cause of going after these huge income generating pyramid/Ponzi schemes, confiscating their assets. In the case of AdSurf Daily in Florida, over $53 million in liquid and hard assets were confiscated.

And just last month Your travel Biz (YTB) settled with the California AG for $1 million in fines, and they are still facing similar charges in Illinois.

Troy’s Truth: Makes me wonder what will happen when he aims his guns are companies like DubLi Network and Ad View Global Association (The new AdSurf Daily).

It’s not like the company owners have not been in hot water before in Calf. In 2007 they were ordered to DESIST AND REFRAIN from doing business in California.

Here is a video shot back in 2007 by one of the owners J. Albert Sweeney (now I am old enough to remember the old T.V. series Green Acres, I would never trust anyone with the name Sweeney)

MARCH 26 EMB
Rod Cook aka MLM Watchdog wrote a good article on this current situation.

You can read the whole AG Press Release Here

Remember, before you join any business opportunity you should join the Distributor Rights Association.

Never Give Up,

Troy Dooly