Index Of Scams
Here is an index of opportunities that are in my opinion scams.
OneCoin Charged With Running A Multibillion-Dollar Pyramid Scheme
I know this comes as no surprise to many of you, but RUJA IGNATOVA – a founder and original leader of OneCoin has been charged with wire fraud, securities fraud, and money laundering offenses.
LuLaRoe Is Little More Than A Scam
Attorney General Bob Ferguson has announced a lawsuit against multi-level marketing business LuLaRoe and several of its “home office” executives, alleging that the company’s former bonus structure constituted a pyramid scheme. The lawsuit also asserts that LuLaRoe’s claims regarding sustainability, profitability and inventory refunds are unfair and deceptive.
Fraudulent MLM Scheme QNET Busted By Cyberabad Police
QNET lured customers promising high returns if they became a part of its businesses including but not limited to cost-optimization, health and wellness, watches and jewellery, personal care and beauty, tour and education. Once a new member joins the chain through a promoter, he becomes an independent representative and gets complimentary items. The promoter, in return, gets a commission. While top-level members get good returns, new members are left with nothing.
Get Money Back From MoneyGram
We’ve all known for a long time that scammers ask people to pay by wiring money. Money wiring companies like MoneyGram and Western Union have also known that scammers have people wire money using their services.
myEcon Scam? Yes It Is In My Opinion!
Financial services are the perfect cover for a recruiting scams. Throw in a few low value financial services like credit repair and you can run a recruiting scam legally here in the USA. Most of these recruiting scams share little information with you about your chances in making money by selling their financial services for retail prices. They focus on the money you can make by recruiting people into the money making opportunity, buy they remind you that you do not need to recruit. Many of my subscribers have requested that I take a look into the myEcon business opportunity. Here is what I have found.
My DTube Story #STEEMSTORY
In my most recent video I talk about what brought me to DTube and Steemit.
My Most Critical Business Decisions
Don't base your decisions on the advice of those who don't have to deal with the results. Making bad decisions seems unavoidable. How could you get 35K decisions right each day? And while a bad dinner choice may only result in an upset stomach, the wrong decision in your business career could prove much more serious.
Myanmar Bans MLM
In a bold move, Myanmar has banned MLM. The Ministry of Commerce (MOC) on September 18 issued notification (46/2018) which prohibits multi-level marketing (MLM) businesses in Myanmar. The ban will take effect immediately.
Hurricane Charity Scams
The 2018 hurricane season is upon us. If you haven’t made storm preparations, now is the time. Many people wish to help those that are effected by these storms. You should know about how to avoid hurricane relief charity fraud before you make a donation.
International Markets Live And Wealth Generators Sued By The CFTC
The Commodity Futures Trading Commission (CFTC) today issued Orders filing and simultaneously settling charges against eight unregistered entities and eight unregistered individuals that were offering foreign exchange (forex) and binary options to retail investors located in the United States. The entities included International Markets Live and Wealth Generators. Two companies that I have warned you about.
DasCoin Is Using Trademark Complaints On YouTube To Silence Their Critics
This morning I found out that DasCoin is using Trademark Complaints on YouTube to try to silence their critics. First they tried to silence me with a DMCA take down of my article about them, and now they are trying to use a Trademark complaint. Let's hope that they are unsuccessful.
MOBE Update: Suitepay Escapes With Over $1.6 Million In Victims Money
In the Receiver's Initial Report about the MOBE scam, we find out that he has recovered over $8 million to date, and is expect to recover another $6.3 million later on. We also find out that Suitepay a California-based payment processor has escaped with over $1.6 Million In MOBE money. The Receiver is investigating the matter, and may choose to file a criminal complaint.
Jon Taylor Founder Of The Consumer Awareness Institute Has Passed Away
One of the great consumer advocates and anti-MLM advocates has passed away. When I first started my reporting on scams, his research was key to finding out the truth about the many MLM scams that have been run in the past.
The Pay Diamond Scam Becomes The LifeInBlock Scam
In no big surprise to anyone, the Pay Diamond scam is migrating its members into another scam called LifeInBlock. The Pay Diamond Ponzi scam is coming to an end. They have been purchased by LifeInBlock.
Sellers Playbook Scam Halted
The Federal Trade Commission and the State of Minnesota have charged Minnesota-based Sellers Playbook with running a large business opportunity scam. A federal court temporarily halted the operation pending resolution of the case.
