Hot Business News Today

SEC Alleges Zhunrize To Be A Pyramid Scheme – Assets Frozen

 
Zhunrize, launched in 2013 is a shopping and savings portal and offers affiliates a replicated storefront, which the company has branded “ZhunCity”. The shopping portal starts at $99 and $30 a month,  up to $3,000 and $100 a month.
According to a SEC Press release:
“On September 22, 2014, the Securities and Exchange Commission filed a civil injunctive action in the Northern District of Georgia against Zhunrize, Inc. (“Zhunrize”) and its CEO, Jeff Pan (“Pan”). In connection with the filing of this action, the Commission obtained a temporary restraining order against the defendants and an order freezing all of defendants’ assets.
The Commission alleges that Zhunrize, an Atlanta-based multi-level marketing company, and Pan have been operating a fraudulent pyramid scheme that has raised over $100 million from investors worldwide.
According to the Commission’s complaint, Zhunrize purports to be a legitimate multi-level marketing business by which members purchase online stores and then sell merchandise through them, while earning commissions on products purchased by their customers and through store sales to other members and hosting fees paid by those members.
In fact, the company is operating as a pyramid scheme because its commission structure is based on the continual recruitment of new members, with the

Read more...

David Moses – A Top Earner Personal Setback Story

 
David Moses is a million dollar earner, master distributor and is the company’s first Crown Diamond Elite. In below generic video he shares his personal experinience on a major set back in his career, as he lost a very large team in the past.
He has achieved number one status in every company since his career began, including holding senior executive positions for several large Network Marketing companies. David is married and has 2 children, the family resides in Toronto, Canada.
David says:
“Every challenge, every disappointment, every setback, has within it a seed for success.
The difference between those who will achieve high level success in Network Marketing or for that matter anything in life is how they process and interpret challenges.
It’s been said sometimes we win and sometimes we learn.  Every experience gives us context and depth such that we can share stories and empower others to overcome all obstacles on the way to success.
Every person who is at the top of their game in Network Marketing has surely navigated challenges and setbacks they have used those experiences as stepping stones to the next success to rise to the next level.  When we study the bio of success and

Read more...

Paulo and Denise Cosiello – WOR(l)D Global Network Hit $125,000 Per Month

 
Paulo and Denise Cosiello from São Paulo, Brazil, have hit the $125,000 per month mark with their WOR(l)D Global Network independant distributorship.
The company is in 5 of the industries active, Direct sales, Mobile Technology, Mobile Advertising, Video and VoIP Communications Renewable Energy.
WOR(l)D Global Network is a public company, headquartered in London and is in the process of become publicly listed in the UK.
Paulo stated:
“Ever since I was a child, I I have dreamt a work that would let me know the world.I have worked ever since my earliest youth and after a while I have decided to apply myself to trade investing all my energies, effort and money in to this field.
I have spent time and resources starting several business without any success and believed that I would not be able to realise my dream of being an ordinary and successful  business man. Then one day I have become familiar with direct sales. After working for seven years in this field, I finally know what the word success means because I have got so much of it!
During the past three years,  me and my wife, Denise Cosiello, have understood the power of the network and the big

Read more...

Talk Fusion’s Cedric Penn Achieves Grand Blue Diamond

 
After a non-stop World Tour this summer, spreading motivation and inspiration at Talk Fusion events in Russia, Japan, and Indonesia, Cedric Penn has reached an esteemed rank that many have sought after: Grand Blue Diamond.
It was almost 5 months to the day since he joined Talk Fusion that Cedric’s new rank became official.
Talk Fusion announced on April 15, 2014 that relationship marketing trailblazer Cedric Penn had become an important part of Talk Fusion’s global team of Associates. It didn’t take long for him to – as he is known to say – “get rolling.”
His exuberant, motivational style proved a perfect match with Talk Fusion’s vision, and Cedric began to climb the ranks even as he spread his inspiration among a growing fan base of Talk Fusion Associates eager to embrace Cedric’s love of life and the industry.
Only 40 days later, Cedric had already ascended to the rank of Diamond. Cedric then climbed an additional three ranks in just two days; a total of four ranks in less than a week, and he was just getting started.
Just days before reaching his new rank of Grand Blue Diamond, Cedric was taking a moment to celebrate his success with the purchase of a

Read more...