A few days ago a BehindMLM reader reached out to me regarding a
Be Club webinar featuring co-founder Moynul Islam
(better known as Moyn).

The call, hosted by former iGenius promoter Gianluca Leonardi, appears to be part of an attempt to recruit Leonardi’s iGenius downline into Be Club.

Be Club desperately needs an injection of new suckers. For December 2024 SimilarWeb tracked just ~3100 monthly visits to Be Club’s website.

88% of the traffic originated from Italy, which just happens to be where Gianluca Leonardi is from.

Now that you know the context of the webinar, we can move onto the webinar itself.

Evidently a large part of convincing Leonardi’s iGenius downline to migrate over to Be Club is to address it’s multiple regulatory fraud warnings.

Before we get into Islam’s deception on that though, it’s worth noting that said deception begins right from the beginning.

In the webinar Moyn, rather than be honest about joining OneCoin, stealing a bunch of money and then fleeing to Dubai, spins a story about joining ACN, not making much money, fast-forward to 2018 and Moyn and his brothers launch their own MLM company.

After setting himself up, Moyn gets into Be Club’s regulatory warnings. To smooth over Be Club’s regulatory warnings, which pertains to Be Club’s fraudulent business model, Moyn trots out a “everybody gets regulatory fraud warnings” ruse.

[17:32] It’s very common for most companies to get some level of warning and fines.

We have seen the companies in our space, not only they got a warning, but they got fined. Every single company that you know of in our space, when it comes to forex and trading education, they’ve received warnings from regulatory bodies.

First off
“everybody is doing fraud, we’re not the only ones!”,
is not a confidence-inspiring excuse.

Putting that aside for the bigger picture, the immediate disconnect between Moyn’s assertion and reality is none of Be Club’s regulatory fraud warnings pertain to “forex and trading education”.

Be Club started off as Melius. Launched in 2018, Melius saw the Islam brothers hide behind CEO Jeremy Prasetyo.
Melius’ business model
combined commodities fraud with pyramid recruitment.

Melius collapsed in 2020 and was rebooted as Better Experience, better known as just “Be”.

Be initially dropped Meliu’s commodities fraud but retained its pyramid scheme. In mid 2024 Be rebooted as
Be Club
.

Through its “SageMaster”, Be Club saw a return to commodities fraud with added securities fraud. To the best of my knowledge the SageMaster investment scheme remains the current iteration of Be Club.

On the regulatory front:

Colombia issued a 
Be Rules securities fraud warning
 in February 2022

Norway issued a 
Be investment fraud warning
 in March 2023

Uruguay issued a 
Be pyramid fraud warning
 in April 2023

the Philippines issued a 
Be securities and Ponzi fraud warning
 in November 2023

New Zealand issued a
Be Club securities fraud warning
in October 2024

None of these re

🤖 Quick Answer

What regulatory issues has Be Club faced?
Be Club has received multiple regulatory fraud warnings from financial authorities across various jurisdictions. These warnings indicate concerns about the company's business practices and compliance with securities and consumer protection regulations. Co-founder Moynul Islam, known as Moyn, has reportedly attempted to address these warnings during recruitment webinars targeting potential new participants.

How has Be Club attempted to recruit new members?
Be Club has conducted webinars featuring co-founder Moynul Islam alongside former iGenius promoter Gianluca Leonardi. These sessions reportedly aimed to recruit Leonardi's existing iGenius downline into Be Club, a strategy consistent with cross-recruitment practices commonly observed within the multi-level marketing industry.

What is the scale of Be Club's online presence?
According to SimilarWeb data from December 2024, Be Club's website received approximately 3,100

🔗 Related Articles

- Auratus launches “Storage Boxes”, 3rd unregistered securities offering
- Crowd1 initiates Digital Partners Network shares dump
- Dreams Digger Review: Arbitrage trading bot Ponzi scheme
- Brazil indicts twenty-two TelexFree scammers
- Payment processors denied slice of MOBE Receivership pie