Monthly Archives: December 2014

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SEC On Lookout for Web-Based Pyramid Schemes

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The Wall Street Journal released the following article: 
Illustrated by a sack full of dollar bills, the online pitch was simple: an “amazing and irresistible” opportunity to join a global direct-sales travel company, recruit others and enjoy a share of the profits.
The company, GoFunPlaces Inc., was going to go viral via Facebook and YouTube, making it easy for “Joe Average [and] Suzy Average” to earn money.

“You can win here! You can win!” a 2012 video said. “The longevity is going to be here.”

Within a year, GoFunPlaces closed its U.S. operations and faced scrutiny from the Federal Bureau of Investigation and the Securities and Exchange Commission over whether the company was a pyramid scheme or involved in other fraud, according to people close to the probes.
The SEC this fall shut down a company that owned half of GoFunPlaces, alleging it was a fraudulent $129 million pyramid scheme.
A lawyer representing GoFunPlaces didn’t respond to requests for comment and the company itself couldn’t be reached. GoFunPlaces hasn’t been accused of any wrongdoing by the government.
Direct-sales is more popular than ever: A record 16.8 million Americans—representing about one in every seven U.S. households—worked in the industry last year, most for companies that employ networks of

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Avon’s Carrol Bradford Reaches Over $1 Million / Year In Sales, Convinces Husband To Become An ‘Avon Lady’

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One of Australia’s most successful businesswomen says she fell into her dream job by complete accident.
Carrol Bradford was offering childcare services from her Brisbane home, when her sister begged her to ‘step in’ to look after her three Avon clients while she went on holiday.
Eight years on, Carrol boasts a team of 500 staff across the country. A team who helped her turn over $1.5 million in makeup and skincare sales this year alone. 

‘I thought I’d try it myself as I needed the extra money and it just grew by word of mouth,’ she told Daily Mail Australia. ‘At first all I wanted was to get a hundred dollars of orders filled, I never dreamed it would become this big.’

Mrs Bradford, who had never travelled overseas before starting Avon, has since represented the Australian and New Zealand arms of the company at leadership events in Bangkok and Singapore.
‘For me, that was a real highlight I think, I’d not been anywhere before,’ she said. 
She says a lot of her work has come through referrals and her online store – and through a lot of hard work.

‘We still do get-togethers at people’s homes but its really not just the little lady coming

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Nu Skin Force For Good Foundation Funds $300,000 Building Of New School In The Philippines

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Nu Skin’s Force for Good Foundation donated nearly $300,000 via Singapore Red Cross to build a new school for young children in Albuera, Philippines, adversely impacted by Super Typhoon Haiyan. The Nov. 8, 2013, storm killed an estimated 6,300 people and nearly annihilated the provinces of Samar and Leyte.
Nu Skin’s funds helped pay for Calingatan Elementary School that accommodates up to 270 children with 15 classrooms and additionally serves as an evacuation and relief center. The educational facility was constructed to be earthquake and typhoon resistant and is also equipped with solar panels to conserve energy.
The new school was dedicated in a ceremony, Nov. 5, 2014, attended by Nu Skin sales leaders and employees, and Secretary General for Singapore Red Cross Benjamin William, Albuera Mayor Ramon de la Cerna and other Albuera government officials. Students enrolled at the school were also presented with Nu Skin tote bags containing notebooks, markers and colored pencils.
“We are very happy for the opportunity to make a difference in the lives of the people in this community. This project gives the children a chance to better their lives as they and their families move on after the Haiyan tragedy,” said Jasmine Yang, Nu Skin Regional

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