Category: Scam Alert
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PDT Quantify Examination: “Click a Button” Ponzi in Quantitative Trading
PDT Quantify obscures details about its proprietors or high-ranking officials on their webpage. There are two identified domains associated with PDT Quantify: pdtquantify.com – registered privately on April 23rd, 2024 pdt-partners.com – registered privately on March 25th, 2024 In spite of having been established just over a month ago, PDT Quantify misleadingly states on its…
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BitHarvest Review: Boris CEO crypto mining ruse Ponzi
BitHarvest fails to provide verifiable ownership or executive information on its website. Instead, BitHarvest offers up an executive team with names nobody has heard of: That’s of course because BitHarvest’s executive team doesn’t exist. BitHarvest CEO “Logan Lee” is actually Singaporean national Steve Ng. Ng is a poker player who recently competed in the Asian…
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Horizok Review: Quantitative trading “click a button” app Ponzi
Horizok fails to provide ownership or executive information on its website. Horizok’s website domain (“horizok.com”), was privately registered on April 14th, 2024. 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. Horizok’s Products Horizok has no…
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Perfectly Posh Review v2: Andrew McBride takes over as CEO
Perfectly Posh was launched in 2011 by founder Ann Dalton. The company sold a range of personal care products. Circa early 2020 Perfectly Posh was sold off to LaCore Enterprises. This is around the time TRUST published its Perfectly Posh review. In June 2022 LaCore Enterprises merged Perfectly Posh with Innov8tive Nutrition. This internal merger…
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The Demise of Shao Bank’s Ponzi Scheme: Website Disappears and Multiple Relaunches
The investment fraud known as the Shao Bank Ponzi has met its end. This past week saw the deactivation of Shao Bank’s online presence. Currently, attempting to access Shao Bank’s domain leads to a dead end. Rather than admitting to their downfall, the operators behind ShaoBank are engaging in a game of domain roulette, aiming…
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Analysis of Meteor: A Simple-Click Ponzi Scheme in Quantitative Trading
Meteor neglects to disclose any information regarding its ownership or executive personnel on its platform. Meteor is associated with the operation of three distinct web domains: meteorusdt.com – registered privately on April 10th, 2024 meteorusdt.vip – registered privately on April 28th, 2024 meteorusdt.net – registered privately on April 28th, 2024 It is noteworthy that each…
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Therus Network review: Infinity Global pyramid reboot
Infinity Global was a pyramid scheme launched in 2021. As an MLM company, Infinity Global’s business model was simple: purchase “bitex packages” and get paid to recruit others who do the same. When exactly Infinity Global collapsed is unclear but a visit to the company’s website domain now redirects to Therus Network. Therus Network operates…
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Beautycounter Representatives Being Directed Toward Arbonne
Following what seems to be a confidential deal, representatives from Beautycounter are being redirected into Arbonne. This shift by Beautycounter’s management casts doubt on the potential relaunch of its own direct-selling model. In line with a communication dispatched to Beautycounter “leaders” by the firm earlier this month; We understand that yesterday came with a deluge…
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FinUp: Fourth Mavie Global Ponzi spinoff
FinUp is the fourth spinoff of the Mavie Global Ponzi scheme. Through FinUp, Mavie Global has jumped on the launched an “ai crypto trading” fraud bandwagon. FinUp sees Mavie Global pitch investors on passive returns, purportedly derived via AI crypto trading. Through its AI trading offering, Mavie Global claims FinUp can generate monthly returns of…