The Australian Competition and Consumer Commission (ACCC) has instituted proceedings against Lyoness International AG, Lyoness Asia Limited, Lyoness UK Limited and Lyoness Australia Pty Limited (together ‘Lyoness’) for operating a pyramid selling scheme and engaging in referral selling.
Although Lyoness has been investigated by regulators for conduct in other countries, this is the first court action taken against Lyoness alleging that the Lyoness Loyalty Program constitutes a pyramid scheme.
Pyramid schemes involve new participants providing a financial or other benefit to other existing participants in the scheme. New participants are induced to join substantially by the prospect that they will be entitled to benefits relating to the recruitment of further new participants. Pyramid schemes may also offer products or services, but making money out of recruitment is their main aim, and often the only way for a member to recover any money is to convince other people to join up. In contrast, people in legitimate multi-level marketing schemes earn money by selling genuine products to consumers, not from the recruiting process.
The ACCC alleges that Lyoness has operated the scheme in Australia from mid-2011 and that it continues to operate the scheme. The scheme offers ‘cash back’ rebates to members who shop through
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Egemen Özer – Mega Holdings 23 Year Hits $50,000 Per Month
by Ted Nuyten • • 0 Comments
Egemen Özer from Ankara, Turkey is 23 years young, started in 2010 with Megaholdings, and has hit the $50,000 per month mark with his independent distributorship. For his age (and any age) an awesome achievement.
He has the top rank of Mega leader in the compensation plan and has build a team of 5,000 partners.
Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with
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Hasan Acer – Mega Holdings Hits $62,000 Per Month
by Ted Nuyten • • 0 Comments
Hasan Acer from Mersin, Turkey is 23 years young and has hit the $62,000 per month mark with his Mega Holdings distributorship. For his age an awesome achievement.
He has the top rank of Mega Star.
Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with the direct marketing communities in Hong Kong, Malaysia, the Philippines, Singapore, Indonesia, Thailand, India and other countries in Asia.
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Jeunesse Welcomes Top Leaders On Private Greek Isles Cruise
by Ted Nuyten • • 0 Comments
Showcasing the rich rewards available to all who rise to the top in its leadership ranks, Jeunesse welcomed its 30 Diamond and Double Diamond Directors aboard the private Paul Gauguin yacht Tere Moana in June for a spectacular cruise of the Greek Isles and Italy.
During an eight-day trek through the sparkling blue waters of the Aegean Sea, the luxurious Tere Moana transported Jeunesse leaders to breathtaking historic sites in Athens, Delphi, and Ithaca before continuing to the majestic waters, beaches and gorgeous islands of Santorini and Mykonos, all followed by stops in magnificent Sorrento and Rome, Italy.
Among the most memorable moments were a Godfather luncheon in Sicily and tailored fittings of custom-made Italian leather jackets, shoes, bags by a local artisan from Florence. Last year’s destination was a trip to Africa, where distributors participated in a safari at the exclusive Gondwana Game Reserve and were treated to a personal $10,000 shopping spree at a luxury jeweler for diamond shopping.
Next year, distributors will board the Paul Gauguin yacht to set sail to Tahiti and Bora Bora where many other surprises will await them.
Chief Visionary Officer, Scott Lewis says:
“We believe in the importance of treating our top leaders with lifestyle
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Football Legend Michael Irvin Keynote Speaker At Foru International Convention
by Ted Nuyten • • 0 Comments
foru International (foru), the leader of DNA-based health, beauty and wellness products, is pleased to announce that football legend Michael Irvin will be the Keynote speaker at their annual convention in Las Vegas, Nevada taking place October 17th and 18th.
Irvin’s keynote address, entitled “The DNA of a Champion,” shares a very personal story of a boy whose goals were bigger then his circumstances growing up, and how key lessons Irvin learned through life have enabled his incredible success both on and off the field after leaving the NFL.
Michael was introduced to foru while speaking at a University of Miami Alumni event when he met foru founder Gil Peter. Michael shared how football had taken its toll on his body. Gil offered foru’s products as a possible solution. After using the products for just a few weeks, Michael began to feel different.
“foru has turned back the clock. I can play basketball again with my sons, which is something I wasn’t able to do in a long time, said Michael Irvin. “foru’s personalized nutrition, which is prepared for me each month based on my DNA has made a significant difference. I’m telling everyone I know who isn’t feeling their best that
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Vemma Video Wins Videographer Award
by Ted Nuyten • • 0 Comments
Vemma® has been presented with a prestigious 2014 Award of Excellence in the Company Overview category in the 18th Annual Videographer Awards.
“This is Vemma” tells the story of Vemma Nutrition Company, a health and wellness company that is “focused on providing innovative wellness products to enhance people’s health, while assisting to create an incredible life for those that want it,” explains Founder and CEO BK Boreyko. The “This is Vemma” video features BK Boreyko, the man behind the movement, who is passionate about helping people live the life they deserve.
“Vemma has a two-part formula for success that resonates with people in more than 50 countries around the world. The first part is enhanced health through supplementation, and Vemma delivers the results people are looking for with our entire line of healthy beverages.
The second part is the sharing of Vemma products. I devote my advertising dollars, literally millions of dollars every month, to the people who choose to champion our mission and promote the Vemma brand. The real power of our success lies in the simplicity of our business model,” says Boreyko.
Judging for the Videographer Awards was conducted by the Association of Marketing and Communication Professionals (AMCP), a
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John and Tiffaney Malott – Seacret Direct Hit $1.9 Million In 12 Months
by Ted Nuyten • • 0 Comments
John and Tiffaney Malott are Seacret Direct Top Earners and have been recognized as Seacret Direct’s first Crown Agents, earning a $250,000 rank advancement bonus and $4,000 a month car bonus in september 2013. The power couple lives both in Phoenx Arizona, as in Mexico.
As of August 2014 they have earned $1.9 million in 12 months.
SEACRET is an international business that has spread to more than 40 countries around the globe. With its affiliate partners, it has more than $1 billion in retail product sales.
The company has become one of the largest distributors of Dead Sea cosmetics, with its products formulated in the largest manufacturing plant in the world, right next to the shores of the Dead Sea. All of this has been accomplished in just the few years since SEACRET was born in 2005.
Ted Nuyten had the honor to interview John and Tiffaney Mallot and they stated on my question “how did you get involved into the Network Marketing industry?” as follows:
Tiffaney: I was working as a supervisor at the J.M.Smucker company in Memphis, TN. I was looking for a way to make an extra $500/month without getting a second job because I was already working 60 hours
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Solavei: Reports Of Our Death Are Greatly Exaggerated
by Ted Nuyten • • 0 Comments
Our Business For Home collegue Tina Marie Williams has published an article with as heading Solavei among other mobile network companies mvno coming to an end in USA
It is based on an article in Channel Partners, a leader in providing news and analysis to indirect sales channels serving the communications industry.
We have received an email response from Rick White, Solavei ‘s Head of Legal and Policy, and we think it is fair to publish his comment:
Rick White:
“We were very surprised to read your article, and learn that our company is “collapsing” and “coming to an end.”
In fact, we have signed up thousands new customers this month, paid close to $1 million in compensation to our members this month, and announced several exciting new programs on Monday in a national webcast joined by over ten thousand members from all over the United States.
With all due respect (and with apologies to Mark Twain), your reports of our death are greatly exaggerated.
Your article makes interesting points about the evolution of the mobile phone business, and it’s true that we are taking advantage of the Chapter 11 process to restructure our finances and set us up for continued growth. But your
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Denice And Tom Chenault – Youngevity Hit $100,000+ Per Month
by Ted Nuyten • • 0 Comments
As of July 2014 Denice and Tom Chenault have hit the $100,000 per month mark.
Denice and Tom Chenault are among the highest earners in Youngevity. They have been with the company for 18 years and have a huge organization across ten legs of Youngevity’s unilevel compensation plan.
They are the only ones to have achieved the Ambassador level which was rewarded by getting the keys and the TITLE to a Porsche Carrera 4s Convertible and live in San Antonio Texas and Longmont Colorado.
They have three adult children and two grandchildren. Denice is passionate about personal development, coaching and empowering women. Tom is passionate about people. His credo…”Love like crazy, then love more.”
Network marketing isn’t work to them. It’s life. It’s who they are, it’s what they do. Tom has hosted the largest, longest running Home Based Business Radio show in the world for more than ten years.He has served on the board of the MLMIA and was a founder of the Association of Network Marketing Professionals. They live their life doing all they can to keep the image of the profession at it’s highest.
About Youngevity International
Youngevity International Inc. (OTCQX: YGYI) (www.YGYI.com) is a fast-growing, innovative, multi-dimensional company that offers a
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Chandra Putra Negara – Kangzen Hits $20+ Million In Career Earnings
by Ted Nuyten • • 0 Comments
Chandra Putra Negara is a MLM legend in Asia, he has an organisation of 400,000 people in Indonesia, is 37 years young and is born in Indonesia. He started his career in Januari 1999.
As of August 2014 he has hit the USA $20+ million mark in career earnings and he has the Top Rank of Chairman Platinum Millionaire in the Kangzen compensation plan.
His organisation has 5,000 managers with an average annual Income of $2,500 – $5,000 per year.
100 Directors with an average Income of $30,000 – $80,000 and 30 Crown Star Directors with an average annual income of $150,000 – $200.000.
Kangzen is a Thailand based MLM company and operates in Thailand, Laos, Myanmar, Vietnam, Cambodia, and Indonesia.
In the year 1993, Kangzen-Kenko International Company Limited has been founded by Komsaktana Ampanyuth as a complete Thai nationality direct selling company utilizes Multi-Level Marketing or Network Marketing business model in its operating, administering and management.
Kangzen is a member of the Thai Direct Selling Associations (TDSA) and a member of World Federation of Direct Selling Associations (WFDSA).
Chandra Putra Negara Team Leaders