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
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David Moses – A Top Earner Personal Setback Story
by Ted Nuyten • • 0 Comments
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
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Paulo and Denise Cosiello – WOR(l)D Global Network Hit $125,000 Per Month
by Ted Nuyten • • 0 Comments
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
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QNET Will Not Exit India
by Ted Nuyten • • 0 Comments
Global Direct Selling Company Qnet Ltd. will not pull out from India, said the founder and executive chairman of the QI Group of Companies Vijay Eswaran.
Attributing the group’s decision to stay on to “a wave of good feelings” towards business in India with the recent change of government there, he said India still remains a logical target market for the group.
Hong Kong-based QI Group is a conglomerate whose flagship company, QNET, is in the business of Direct Selling in several countries across the globe.
The Times of India, in a series of articles in 2013, had reported that QNET India was being probed for allegedly duping thousands of investors by selling them plastic and glass products that it claimed could cure diseases like cancer. According to the report, the probe came about after someone filed a First Information Report (FIR) against the company at the Economic Offences Wing of the Police Department in Mumbai. Five people, including Eswaran were reportedly named in the FIR, the report said, adding that arrests were expected soon.
In an interview with The Edge Weekly, Eswaran denied the fraud allegations, dismissing them as indicative of corruption and poor journalistic standards in India, adding that the group would
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Direct Life Global Launches in 32 Countries
by Ted Nuyten • • 0 Comments
Direct Life Global (DLG) from France has been created based on some solid terms. Launched in 32 countries within its first 6 months shows not only their ambition, but also their belief in the product and attractive pay plan.
Real to market products that offer instant great results, and a balanced compensation plan with as well a philosophy towards customers as to distributors.
The company has a seasoned and experienced corporate team at the helm with over 100 years of combined experience in the network marketing industry. On top of that it has its own R&D lab existing since 23 years and specialized in the creation and manufacturing products for the Network marketing industry.
Because experience equals credibility and long-term viability. The combination between an experienced/proven corporate team and an in-house science advisory board offers many advantages some new starters don’t have.
The fact that the Reseach & Developement facility and manufacturing is integrated into the distribution structure of DLG, gives it a unique position in the world of Network Marketing. We have a secured line in terms of products, from sourcing the ingredients to production and by this we ourselves set the pricing which allows us to pay more to the distributors.
The two
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Paying out MLM Commissions Worldwide – i-Payout A Solution for Companies
by Ted Nuyten • • 0 Comments
A major challenge for many (starting) MLM companies is to pay out commissions to distributors all over the world.
If you are looking for a solution, we have noticed I-Payout is a leading provider with customers such as WorldVentures, Evolv, iLA, Regeneca, Empower Network, Talk Fusion, and Xyngular.
The company has offices in the USA (Florida), the UK (London) and Cental America (Panama) and has a partnership with Kevin Thompson – the MLM attorney:
i-payout™ President, Eddie Gonzalez, commented, “we are constantly striving to improve the services we provide our clients and to enhance our reliability with vendors and banks. As an industry leader, we are in an advantageous position to provide guidance for our clients to remain compliant with constantly evolving MLM and DSA regulations. We are therefore pleased to welcome Kevin to support these efforts.”
International Payout Systems, Inc. (i-payout) is a leading provider of global payment solutions for multi-level marketing companies, direct sales associations, unions, and the legal industry. Established in 2007 and US based, i-payout has a long-standing reputation as a trusted and respected partner providing consistent service and flexibility.
There are no start-up costs and a payment solution can be live and fully operational within 24-72 hours
A CEO commented
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Irena Oliver – FM Group Top Earner Interview
by Ted Nuyten • • 0 Comments
Irena Oliver was born in Lithuania, moved to the UK with little or nothing, barely able to speak English and working in a coffee shop to make ends meet.
She is the top earner in FM GROUP and the first Jasper Star Level Achiever of the NEW III Marketing Plan recently introduced by FM GROUP earning her Euro 60,000 (USA $80,000) on that level as commission.
She is married to Ted Oliver and has a 18 years old son, Mindaugas.
Irena Oliver started with FM GROUP in May 2006. From the very beginning she believed in the company’s potential and thanks to great determination, already seven months later she achieved the Golden Orchid effectiveness level.
Within the following two and a half years she reached the Diamond Orchid level which she has maintained until today. Irena manages an international structure of over 25,000 people. She operates mainly on the British, Lithuanian, Russian and Ukrainian markets.
FM GROUP Poland was established in 2004 in Wroclaw, Poland by Artur Trawinski. In 2007 a new company FM GROUP World was founded to expand the brand abroad.
Today FM GROUP products are known and appreciated in nearly 40 countries. Over 600,000 Business Partners cooperate with FM GROUP.
Irena is married and
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Dave and Faraday Manning – Global One Entertainment Top Earners Interview
by Ted Nuyten • • 0 Comments
Faraday Hosseinipour and David Manning from Jacksonville, Florida, USA are one of the top earners in Global One Entertainment (G1E).
G1E is a direct sales company which has monetized the most exciting global trends and digital online entertainment products such as Fantasy Sports, Online Games and Social Media Technology.
Faraday and Dave have a team of approx.18,000 members and have earned along with their partners Richard and Susan Anzalone about $2.3 million in 1 year. Faraday and David have 5 millionaires created on their team and 6 members are over $500,000. More then 50 members are over $100,000. All in 1 year.
Faraday Hosseinipour and David Manning met each other 18 years ago on a 3 way call. That one chance meeting on the phone which made them partners in business and later in life would transform both their futures.
Ted Nuyten had the honor to interview Faraday and Dave.
Faraday, how did your start your MLM?
I first got involved with network marketing in the 1990’s. I was fresh out of college, after majoring in Broadcast Journalism at USC and working as an Intern at Entertainment Tonight when I was first introduced to network marketing. I caught the dream and plunged into the network marketing industry full-time right
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Mesut Öpengin – Mega Holdings Hits $1 Million in Career Earnings
by Ted Nuyten • • 0 Comments
Mesut Öpengin from Isanbul, is the agent for Turkey and Europe for Mega Holdings and independent distributor. In the compensation plan he has reached the top rank of Mega Star.
As of Sepember 17 he has earned $1+ million with his Mega Holdings distributorship.
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.
Their operations expanded
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Thomas Nordlund – Sitetalk & Unaico Field Leader Passed Away
by Ted Nuyten • • 0 Comments
Thomas Nordlund was one of the major field leaders in Site Talk – Unaico – OPN and the majortiy of the members has been in his team.
In the Top MLM Networker Poll 2013 he ended on the first place together with his son Kenny Nordlund with 20,000+ votes.
Sitetalk management stated in 2012:
“During the past years we have had enormous help from Kenny and Thomas Nordlund in their roles as Network Directors.
This has, however, come at the expense of other areas, and we are now pleased to announce that these areas will again be the focus of the company.
The amount of hours Kenny and Thomas have put into their roles as network directors cannot be calculated, but we do know that very few people would have been able to do it.
Thomas and Kenny will both take a step back from the management of the company in order to truly focus on the building of the network. They have requested this change for a while, and we have now agreed that they will do more in the next phase of the company in their new roles. It is very important that everyone understands how relevant they are for the company