The Direct Selling Association (DSA), some large multilevel marketing (MLM) companies, and their Congressional friends such as Representatives Moolenaar (MI) and Blackburn (TN) are again trying to give presents to investors and owners of MLM companies.
There has been a recent rash of lawsuits against MONAT. More than 500 complaints have been filed with the BBB and their BBB page is currently down for an update. In a recent class action lawsuit, MONAT has been compared to a pyramid scheme.
Shortly after being issued a Cease and Desist by the North Carolina Securities Division, Frank Calabro Jr.'s home has been searched and property has been seized. Frank was not at his home when it was searched. His whereabouts are unknown. Is he on the run?
It has been a few years since I last shared my opinion on the Motor Club Of America (MCA) roadside assistance TVC Marketing business opportunity. The time has come for an update on what has changed and what has remained the same. Showing a stack of cash seems to never grow old for the promoters of MCA.
Frank Calabro Jr. has promoted many different money making scams over the years including Zeek Rewards and Traffic Monsoon. The one that has finally landed him in the crosshairs of regulators is USI-Tech.
A popular scam today is the Bitcoin Doubler scam. This scam involves you sending some Bitcoin to a website wallet address or an individual's wallet address. Then you provide them with your wallet address. You wait a set amount of time and you are sent many times as much Bitcoin back.
ICO scams are doing everything in their power to get you to give them your money. Bitcoiin is using the endorsement of Steven Seagal to get you to invest. I doubt Steven Seagal is the person you want to turn to for cryptocurrency investment advice.
Cryptocurrency mining pools are one of the latest scams that has been becoming popular. Power Mining Pool has been issued a cease and desist for their activities. Power Mining Pool claims that it is a decentralized pool that is not owned by any one person.
Recently, numerous law firms stepped forward to announce investigations into the cryptocurrency SONM, and furthermore, the SONM ICO.
In a massive lawsuit, Nerium Master Distributors Mark and Tammy Smith have sued Nerium International and Jeff Olson.
GlobalTeam is another unregistered investing scam not to be confused with the BTC Global Team scam. GlobalTeam claims to be different. Not only does their logo have some similarities with the BTC Global Team logo, but their investment does as well.