Tag Archive for Controversial Guys and Girls

The Plaque Of Fake Leaders in Network Marketing

Guest post by Stefano Orrù from Italy:

I’m here to say something that many people will resonate with, while some individuals (obviously the fake leaders) will get quite angry. However, nobody will say anything, because they prefer to hide behind the scenes.

Network Marketing has changed in many ways in the last few years. Many companies decided to embrace the Social Media WAVE, following the lead of industry leaders who have developed new strategies and systems to build their businesses.

The Direct Sales Industry was hard to convince that digital transition is crucial, but over the past 4-5 years, many companies decided to push their digital development, integrating technology, new systems, apps, emails, blogs, and more tools.

Some 100% digital companies were born in the last decade. Many of them with a great offer, while others present counterfeit propositions, and many are outright scams.
The fake ones and the scams have either closed down or constantly reopened under new names, new entities, and new faces, yet they remain the same “get-rich-quick” schemes designed to steal some money from the masses.
Direct Sales is an industry characterized by high turnover among independent contractors. Sometimes, a new distributor lasts only a week and quits so fast that that

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Bank Of Hungary – Issued Warning For Crypto Currencies

 
The Bank of Hungary has send a warning against Crypto Currency like Bitcoin and OneCoin.
I have reached out to co-founder and CEO of OneCoin Dr. Ruja Ignatova who stated:
” The Central bank draws attention that OneCoin – like Bitcoin is an investment with risks. As we all know high return potential and high risk go hand in hand, and for sure cryptocurrency or having your money in stocks is riskier than parking your money on a traditional savings account, which earns less than 0.5% interest p.a. We have seen Bitcoin show volatility and reach heights between 200 and 1200 USD.
The article below however does not say that OneCoin or Bitcoin are a pyramid scheme, but that early joiner make more money that late adapter.
OneCoin shows the same development and profit pattern

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An Independent MLM Trainer – Secretly Recruiting?

 
Frank Heister lives in Phoenix, Arizona and was born in Germany. He promoted himself as an independent MLM trainer, working in Germany and the USA. However, it seems after his generic trainings he recruits for Seacret Direct instead, which has, of course, upset many leaders in the network marketing industry.
Network Marketing leader Erik Munchmeyer has sent him an open letter, the original version is in German, below you will find the rough translation:
“Dear Frank Heister,
We do not know each other personally but I have to write to you something.
I would otherwise do this in private, but you’re a public figure. I want to congratulate you with all my heart, you never stop learning as I just had to find … You have invented a new modern form of MLM;
“How to build an independent trainer in the background of an MLM organization.”
As

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Conligus Freezing Commissions

 
In October 2014 Conligus was founded in Malta by Fabrice Kerherve and the Steinkeller brothers, formally Organo Gold Crown Diamonds.
Christian, Aron and Stephan Steinkeller are from South Tyrol, Italy near the Austrian border. Combined estimated earnings for the 3 brothers has been $300,000 – $500,000+ per month in 2013.
As of 5 February 2015, commissions are frozen for 30 – 60 days for “restructuring” according to a message to the Conligus community blaming “criminal attacks from different fraud organizations”.
According to the conligus website: 
“Conligus is a global community of members spread over 6 continents in over 160 countries. We are growing with thousands of members every month and we are creating the entrepreneurs of the future with one simple concept in mind: Share the wealth”.

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Dutch Justice Closes Down Pyramid Game PlanB4You

 
Justitie legt voor miljoenen beslag op rekeningen PlanB4you uit Den Bosch om piramidespel

DEN BOSCH – Justitie heeft beslag gelegd op de bankrekeningen van PlanB4you en van de directeur. Dat bedrijf, dat voor kort een kantoor in Den Bosch had, zou zich voor 2,5 miljoen euro schuldig hebben gemaakt aan oplichting en witwassen.
De FIOD, de opsporingsdienst van de Belastingdienst, doet strafrechtelijk onderzoek naar het bedrijf. Het vermoeden bestaat dat PlanB4you zich schuldig maakt aan een piramidespel, dat ook wel ponzifraude heet. Hierbij betaalt het bedrijf deelnemers met de belegging van de inleg van nieuwe klanten. De oprichter eigent zich dan meestal een bijzonder hoog rendement toe.
‘Makkelijk geld verdienen’
Via YouTube en bijeenkomsten probeert PlanB4you nieuwe klanten te strikken. Het bedrijf houdt ze daarbij voor dat ze makkelijk geld kunnen verdienen door dagelijks tien keer op advertenties te klikken. Daarnaast zouden potentiële klanten makkelijk geld kunnen verdienen door anderen over te halen deel te nemen aan het project.
“Deze deelnemers komen dan als het ware onder de aanbrenger te hangen wat weer extra inkomen oplevert voor de aanbrenger. Naast het klikken op de banners heeft PlanB4you ook nog een webshop waar goederen tegen ‘hoge’ kortingen kunnen worden aangeschaft”, aldus justitie.
Invallen in Nederland en andere

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Zeek Rewards Leaders Outside The USA Will Face Legal Proceedings

 
How the Zeek Rewards Receivership intends to go after Zeek investors who are outside of the USA, has made clear in his status report for the second quarter of 2014.
Receiver Kenneth Bell:
Counsel for the Receiver prepared a request for proposal, which it distributed to a select number of law firms in countries where the largest ZeekRewards net winners reside.
The Receiver Team has been in discussions with multiple overseas law firms regarding the logistics, strategy, and costs involved with pursuit of net winners residing in these firms’ various countries.
Claims against foreign net winners will likely be grouped by the country in which these individuals reside, with some actions being initiated here in the Western District of North Carolina and other actions being filed in the foreign net winners’ home countries.
The Receiver is evaluating the most efficient means of pursuing these individuals that will generate the greatest possible return for the Receivership Estate.

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Zeek Rewards – Former Management Agrees To Pay $600 Million Back

 
As first reported by Behind MLM, Paul Burks, Dawn Wright-Olivares and Daniel Olivares have agreed to pay $600 million back to the Zeek Rewards receiver.
In his status report for the second quarter of 2014, Receiver Kenneth Bell has revealed that: “By the filing date of this report, the Receiver had reached settlement agreements with Paul Burks, Dawn Wright-Olivares, and Daniel Olivares, pending Court approval.
Each of these defendants agreed to a consent judgment of $600 million to be satisfied with substantially all of their assets.
How the $600M figure will be paid back, in particular who is paying what amount, is unclear. Ditto how much of the judgement will be distributed to the scheme’s victims by the Receivership.
What is clear though is that it appears to be a lump sum, and after it’s paid – those primarily responsible for the creation and operation of the Zeek Rewards Ponzi scheme will have absolutely nothing left to show for it.
Full story: Behind MLM

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Zeek Rewards Receiver Sues MLM Attorney Kevin Grimes And Howard Kaplan For $100 Million

 
Kenneth Bell, the Zeek Rewards Receivership, filed a request for permission to file separate actions against two of Zeek Rewards attorneys, Kevin Grimes and Howard Kaplan.
The Zeek Receivership:
From January 2011 until August 2012, RVG operated a massive Ponzi and pyramid scheme through ZeekRewards, an internet based so-called “MLM” (multi-level marketing) program.
Kevin D. Grimes served as legal counsel to RVG from around January 2012 until August 2012, when RVG was placed into receivership.
By virtue of his knowledge of RVG and ZeekRewards and his legal expertise, Grimes knew or should have known that RVG was perpetrating an unlawful scheme which involved a pyramid scheme, an unregistered investment contract and/or a Ponzi scheme.
Despite this knowledge, Grimes actively encouraged investors to participate in the scheme by creating a so-called “compliance” program that provided a false façade of legality and legitimacy and knowingly allowed his name to be used to promote the scheme.
Grimes knew or should have known that insufficient income from the penny auction business was being made to pay the daily “profit share” promised by ZeekRewards.
Grimes knew or should have known that the money used to fund ZeekRewards’ distributions to Affiliates came almost entirely from new participants rather than income from the Zeekler penny

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