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

A September 2021 press-release identifies Russian nationals Rafik Singatullin (CEO) and Denis Shelestov (CTO) as DeNet executives.

A Bitcoin WIKI entry cites Singatullin and Shelestov as two of four DeNet co-founders; the other two being Olga Belonozhko and Pavel Litviakov (aka Paul Litviakov).

As per respective social media profiles, DeNet’s co-founders are based in Dubai, Russia, Singapore and Switzerland:

Note that while he co-founded DeNet, Pavel Litviakov seems to have moved on.

DeNet operates from two known website domains:

1. denet.pro – registered in July 2017, private registration last updated May 31st, 2024
2. denet.app – registered April 29th, 2024, private registration last updated October 10th, 2025

DeNet doesn’t provide a corporate address on its websites. In an official “media kit” available on DeNet’s website, it claims to be a “Hong Kong-based Company with a development back-office in Kazan (Russia)”.

Search results suggest DeNet is based out of Dubai:

This ties into CEO Rafik Singatullin also being based out of Dubai, a due-diligence red flag in and of itself.

Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

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 DeNet, read on for a full review. [Continue reading…]

Hyperbolic Global fails to provide ownership or executive information on its website.

A list of non-executive employees is provided, however these appear to fictional identities paired with stolen/AI-generated profile photos.

Offsite Hyperbolic Global marketing cites “Jasper Zhang” and “Yuchen Jin” as co-founders:

These also appear to be fictional identities paired with stolen/AI-generated profile photos.

Hyperbolic Global’s website domain (“hyperbolicglobal.com”), was privately registered on November 21st, 2025.

As of April 2026, SimilarWeb was tracking ~418,000 monthly Hyperbolic Global website visits.

Over the same period SimilarWeb attributed 100% of Hyperbolic Global’s website traffic to India.

This is a strong indication that whoever is running Hyperbolic Global has ties to India.

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…]

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

Zerocap’s website domain (“zerocap.vip”), was privately registered on January 18th, 2026.

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…]

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

Quantarbi’s website domain (“quantarbi.com”), was privately registered on December 9th, 2025.

Quantarbi provides a corporate address in Romania on its website. The address corresponds with office space in Cluj, Napoca.

There is no indication the address has anything to do with Quantarbi.

As of April 2026, SimilarWeb was tracking ~7100 monthly visits to Quantarbi’s website.

100% of Quantarbi’s website traffic over the same period was attributed to South Africa.

While not definitive, this is a pretty strong indication that Quantarbi is being run from South Africa. At the very least, marketing confirms Quantarbi is targeting South Africans:

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…]

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

Plexico’s website domain (“plexico.io”), was registered on February 19th, 2024. The private registration was last updated on March 1st, 2025.

After its domain was registered, nothing much seems to have happened till Plexico began to market itself around February 2026.

I’m not sure if this is because the opportunity was dead or whether they decided to soft reboot having found an actor to play founder and CEO “Vladimir Podpletny”.

“Vladimir Podpletny” appears in a marketing video embedded on Plexico’s website and in offsite marketing.

Up until very recently Plexico had created an Instagram page for Podpletny, however that’s either since been disabled or deleted.

The actor playing Podpletny has an eastern European accent. This is typical of Boris CEO scams being run by eastern European scammers (Russia, Ukraine and Belarus).

I don’t have a name but in 2016, the actor playing Podpletny attended a DJ KhariSon set at RedCups Lounge in Mariupol, Ukraine:

Ten years have passed but the actor has a very distinctive ear shape.

While it’s possible the Plodpletny actor has teamed up with Russians, it’s likely Plexico is being run by Ukrainian scammers.

In an attempt to appear legitimate, Plexico provides registration details for an unnamed Florida company.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, whatever the name of Plexico’s purported Florida shell company doesn’t matter.

For the purpose of MLM due-diligence shell companies registered in any country are meaningless. Notwithstanding Plexico has no verifiable ties to Florida.

It should be noted that despite only existing from February 2025 at the earliest, in its marketing materials Plexico falsely represents its fictional founder started the company in 2022.

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 Great Discovery operates in the ecommerce and AI MLM niches. The company provides a Hudson, Florida corporate address on its website.

Heading up the Great Discovery is co-CEOs Sandra Harry and Tim Taylor.

Sandra Harry doesn’t appear to have a publicly disclosed MLM history. Harry’s The Great Discovery corporate bio credits her as “Chairman of the Board for the Dr. Mikel J. Harry Six Sigma Management Institute”.

This ties into Mikel J. Harry being credited on the our team section of The Great Discovery’s website as “conceptualiz[ing] the need”. Harry died in 2017 and obviously has nothing to do with The Great Discovery.

Six Sigma, as far as I can tell, is a consulting firm with a training module backend. The original training platform was Six Sigma Academy, which was sold off after Harry died.

Sandra Harry’s Six Sigma Management Institute goes by SSMI and claims to be “the succeeding organization created after the sale of the Six Sigma Academy now known as SSA & Co.”

Tim Taylor’s The Great Discovery corporate bio credits him with “a track record of over thirty (30) years in the natural health and direct sales industries.”

The only MLM company I was able to tie Taylor to what Care Beyond, CBD opportunity.

Today Care Beyond doesn’t exist. The company’s official FaceBook page is still up, revealing Care Beyond went into prelaunch in May 2018.

The last post on Care Beyond’s FaceBook page is dated July 12th, 2018. This suggests, despite Care Beyond’s website being available into the early 2020s, Care Beyond as a viable MLM company was short-lived.

I couldn’t help but notice this June 2018 post on Care Beyond’s FaceBook page:

Unless I’m mistaken, that’s Sandra Harry – suggesting she was involved in Care Beyond on some level.

The Great Discovery’s website domain (“thegreatdiscovery.com”), was first registered in 2007. The private registration was last updated on November 27th, 2025.

Read on for a full review of The Great Discovery MLM opportunity. [Continue reading…]

Polar Tensor has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).

As per AMF’s June 5th Polar Tensor fraud warning; [Continue reading…]

The SEC has tracked down BitConnect mastermind Satish Kumbhani in India. [Continue reading…]

BG Wealth Sharing has received a securities fraud cease and desist order from Utah Department of Commerce’s Division of Securities (UT-SEC).

The cease and desist order follows a prior securities fraud warning, issued by UT-SEC on May 10th. [Continue reading…]

OmegaPro’s Dilawar Singh appears to have been arrested in Spain.

Over the last 24 hours Spanish press has lit up with reports of an “FBI fugitive” arrested in Tenerife.

It should be noted that Singh has yet to be publicly named. That said, based on available information I’m 99.9% sure the man arrested is Singh. [Continue reading…]