GICAI fails to provide ownership or executive information on its website.

GICAI’s website domain (“gicai.net”), was privately registered on December 30th, 2023.

Note that GICAI operates on the “h5.gicai.net” subdomain. “Gicai.net” as a primary domain is disabled.

In an attempt to appear legitimate, GICAI offers up a Washington shell company certificate for GICAI LLC.

GICAI LLC was purportedly registered on January 13th, 2024.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

Furthermore a purported shell company connection signifies GICAI has no actual ties to Washington.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

[Continue reading…]

Riman fails to provide ownership or executive information on its website.

Riman’s website domain (“riman.com”), was initially registered in 2001. The private registration was last updated on August 28th, 2023.

Further research reveals Riman launched in South Korea back in 2018. The company expanded to the US in April 2023.

Riman is headed up by CEO KyungJung Kim (aka KJ Kim, right). Why this information isn’t disclosed on Riman’s website is unclear.

Possibly due to language-barriers, I was unable to put together an MLM history on Kim.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

DJI Drone Mall fails to provide ownership or executive information on its website.

DJI Drone Mall’s website domain (‘dronemall.vip”), was registered with bogus details on April 17th, 2024.

Of note is DJI Drone Mall’s domain being registered through the Chinese registrar Alibaba (Singapore).

Despite existing for only a few weeks, DJI Drone Mall has already attracted the attention of the Central Bank of Russia. On April 24th, the CBR issued a DJI Drone Mall pyramid fraud warning.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

Good Guides USA fails to provide ownership or executive information on its website.

If you are approached by a Good Guides USA affiliate and enter the company’s marketing funnel, you wind up on the domain “thegoodlaunch.com”.

Here we find a Good Guides USA marketing video featuring Mike Potillo.

Potillo appeared on BehindMLM’s radar back in 2010 through LiveSmart 360. At the time Potillo was part of LiveSmart 360’s executive team.

LiveSmart 360 eventually collapsed in 2015. Citing a “harsh economic climate”, what was left of the company appears to have been sold off to Shaklee.

Sometime after LiveSmart 360, Potillo migrated over to It Works! as Global Chief Sales Officer.

When exactly Potillo left It Works! is unclear. The last post about the company on Potillo’s Twitter profile is from May 2021.

Promotion for Good Guides USA began in late 2023.

Good Guides USA’s website domain (“goodguidesusa.com”), was privately registered on September 25th, 2023.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

The Blockchain Era has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

As per ASIC’s April 23rd warning, Xera [Continue reading…]

Xera has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

As per ASIC’s April 23rd warning, Xera [Continue reading…]

Car USDT fails to provide ownership or executive information on its website.

Car USDT’s website domain (‘car-usdt.vip”), was registered with bogus details on April 19th, 2024.

Of note is Car USDT’s domain being registered through the Chinese registrar Alibaba (Singapore).

Despite existing for only a few weeks, Car USDT has already attracted the attention of the Central Bank of Russia. On April 24th, the CBR issued a Car USDT pyramid fraud warning.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

MWR Financial began as My Warranty Rewards back in 2013. The company is founded by Jay Tuerk and Yoni Ashurov.

In 2015 My Warranty Rewards was rebooted as MWR Life. In addition to the original warranty plan, MWR Life added several additional phone-based services.

I initially figured MWR Financial was another reboot. MWR Life however is still operating under Yoni Ashurov (right) as President and CEO.

The primary difference between MWR Life in 2015 and today is that it focused in on discount travel services.

In 2021, a top MWR Life distributor was arrested in Andorra and charged with pyramid fraud related offenses.

As tracked by SimilarWeb, monthly website traffic to My Warranty Rewards’ website is sitting at around ~25,000 visits.

BehindMLM published its initial MWR Life review in October 2018. Essentially MWR Life saw MWR Life’s financial subscription service spun off as its own MLM opportunity.

The MWR abbreviation, originally standing for “My Warranty Rewards”, was also replaced with “Make Wealth Real”.

MWR Financial is headed up by CEO Brian House, a former Youngevity executive.

We’re also noting the recent appointment of Bill Andreoli as President.

Andreoli joins MWR Financial fresh from his brief stint at Richard Smith’s TranzactCard disaster.

Both MWR Life and MWR Financial are based out of Florida in the US. [Continue reading…]

Toyota Mall fails to provide ownership or executive information on its website.

Toyota Mall’s website domain (“toyotamall.net”), was privately registered on March 21st, 2024.

Of note is Toyota Mall’s domain being registered through the Chinese registrar Alibaba (Singapore).

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

TLC Trading fails to provide ownership or executive information on its website.

TLC Trading’s website domain (“tlctrading.ai”), was privately registered on March 12th, 2024.

Interestingly enough, TLC Trading’s website social links all point to Trade Like Crazy accounts.

This prompted me to check Trade Like Crazy’s website domain (“tradelikecrazy.ai”), only to discover it now redirects to TLC Trading.

Trade Like Crazy was an AI trading bot Ponzi launched in late 2023. The scam, with apparent ties to Polish scammers, appears to have since collapsed.

For all intents and purposes, TLC Trading appears to be a Trade Like Crazy reboot.

In an attempt to appear legitimate, TLC Trading offers up a shell company certificate for TLC Trading LLC.

TLC Trading, supposedly attached to AP Imports LLC, was purportedly registered in Armenia on February 2nd, 2024.

Armen Sargasyan is listed as the sole “participant” of the company.

This ties into a Boris CEO actor playing Sargasyan in Trade Like Crazy marketing videos.

Note all those videos have since been marked private. Trade Like Crazy’s YouTube channel has been renamed “TLC_Trading.ai_” and scrubbed.

Interestingly, at some point Trade Like Crazy replaced their first Boris CEO actor with this guy:

But for some reason reverted back to photos of their original Boris CEO actor for TLC Trading marketing material:

The guy on the right in the replacement Boris CEO photo above is Sal Khan. He appears to be a Trade Like Crazy promotional ringleader.

Khan is based out of Dubai, which ties into Trade Like Crazy and TLC Trading likely run by Russian scammers also hiding in Dubai.

BehindMLM’s guidelines for Dubai are:

1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to DexNet, read on for a full review. [Continue reading…]