Freedom Fighters Network launched in mid July. A contact address for an entity called “Quick To Profit Inc.” in the US state of Colorado is provided on the company website.
Although no formal management structure is provided on the Freedom Fighters Network, a marketing video suggests the company is owned by Jordan Schultz & Angela Moore.
The Freedom Fighters Network website domain (“thefreedomdfightersnetwork.com) is registered to Moore using a PO Box address in the US state of Florida.
Schultz bills himself as an “MLM success coach”, and appears to have gotten involved in network marketing around 2009.
A YouTube account in Schultz’s name reveals marketing videos for both TVC Matrix and Numis Network:
TVC Matrix is a recruitment-driven matrix opportunity, attached to an irrelevant auto insurance service. Affiliates pay a fee to join, and then are directly compensated for recruiting new affiliates into the scheme.
Numis Network (no review available) launched in 2009 and revolved around the buying and selling of numismatic coins. In 2013 the company merged with WorldVentures, a travel-based matrix opportunity that pays on the recruitment of new affiliates.
Sometime after that, Schultz joined Empower Network (internet marketing). Moore is also an Empower Network affiliate.
Read on for a full review of the Freedom Fighters Network MLM business opportunity. [Continue reading...]
Back in June the Norwegian Gaming Board announced they’d finished their investigation into Lyoness.
Somewhat surprisingly, the Gaming Board decreed that Lyoness ‘does not engage in illegal activities in Norway.‘
The initial announcement was just that, with a detailed report to be forthcoming. In the meantime statements made by Gaming Board staff suggested the investigation was half-assed.
As the Gaming Board’s Monica Alisøy Kjelsnes told Norwegian newspaper outlet VG,
Lyoness is not registered as a national business in Norway, (so) there are no accounts with the Company Registrar that the (Gaming) Authority can compare (Lyoness’ supplied) the numbers with.
Couple this with the Gaming Board revealing in their initial announcement that their investigation was
based on the information that the Gaming Board has about Lyonness operations in Norway today.
And it was starting to look like the Gaming Board had just gone over a few Lyoness marketing brochures before concluding their investigation.
Late last week, a detailed breakdown of the Board’s investigation was finally published.
Did the Gaming Board half-ass their investigation? Read on to find out. [Continue reading...]
Young Living launched way back in 1993 and are based out of the US state of Utah.
Young Living operate in the essential oils MLM niche and are headed up by Founder and CEO, Donald Gary Young.
So the story goes (from Young’s Young Living corporate bio),
Over two decades ago, Gary discovered the profound power of essential oils to transform mental and physical wellness.
Through Young Living, he is able to share his matchless knowledge with millions around the world, transforming their health and their lives.
Gary’s unrivaled expertise on the therapeutic power of plants has led to the creation of the world’s largest line of essential oils and blends.
Other accounts of the formation of Young Living and Donald Young’s past however are not so flattering:
Gary Young, founder and president of YLEO, has a mercurial history. As he tells it, it all began with an almost fatal logging accident at 24, which left him in a coma for three weeks, paralyzed, depressed, and confined to a wheelchair.
Three years after the accident he claims to have regained feeling in his legs as a result of using essential oils. No medical records exist of his early paralysis and miraculous healing.
In 1983 he was arrested in Spokane, WA for practicing medicine without a license, and again arrested in 1988 in California for deceptive advertising.
I worked for the Young Life Research Clinic Institute of Natural Medicine, in Springville, Utah. One summer day, Young visited his clinic. As Gary takes the stage, his presence evokes squeals of excitement from his adoring staff.
The charismatic Young teaches during the clinic’s lunch hour. After completing a half day of massage, chiropractic, and colonic treatments patients are then offered cleansing drinks consisting of ground lemons and agave nectar, while they sit in a cozy room listening to Gary.
In 2005, Young closed the clinic due to pending lawsuits, however his prescription for health paired with a connection to the abundance of positive thinking successfully continues to bring in millions of dollars per year from both domestic and international distributors.
Gary Young refuses to speak to the media regarding his past and has not returned Utah Stories’ phone calls yet for comment.
Why Young doesn’t discuss his past is not clear.
Read on for a full review of the Young Living MLM business opportunity. [Continue reading...]
With the Global1Entertainment not really offering new (everything is “coming soon” with these guys and has been ever since the I2G casino flopped), I’m predicting we’re just going to see a repeat performance of I2G.
Those who invested early might recoup some additional funds due to a few new people signing up who are oblivious of the previous incarnation of the company, but then we’re back at square 1.
A revenue-share without any incoming revenue to share.
Despite the obvious reliance on affiliate funds to stay afloat, stay tuned for a barrage of I2G affiliates riding on the coattails of promises that the company has consistently failed to deliver on.
-BehindMLM Global1Entertainment review, July 2014
A reboot of the failed Infinity2Global MLM opportunity, Global1Entertainment is a far cry from the casino come revenue-sharing opportunity that was initially pitched late last year.
Here at BehindMLM we’ve covered i2G’s initial launch and subsequent transition purely within the context of the company’s compensation plan.
But what has it been like for affiliates who paid thousands of dollars, only to have the company’s business model change on them time and time again?
Following a series of thus far unsuccessful attempts to get his money back, today G1E affiliate Bruce Deery shares his story. [Continue reading...]
Typically when one reviews an MLM opportunity a general sense of how funds flow in and out of the company can be derived via the compensation plan.
In the case of RE247365, there was significant indication that all that was likely to happen would be the recruitment of affiliates. Bonuses are paid out at certain downline recruitment milestones, culminating at 5000 recruited affiliates paying out $250,000.
A matching bonus paying up to 50% of the recruitment bonuses is also available.
The sole qualification for commission payouts is the ongoing payment of a $34.95 monthly affiliate fee.
RE247365 does have two third-party services hitched to this core commission structure, but they are irrelevant and unlikely to be marketed or sold to non-affiliates.
A quick search reveals dozens of marketing pitches from RE247365 affiliates trying to build their downlines to hit the 50 ($2500), 100 ($5000), 150 ($7500), 500 ($25,000), 2000 ($100,000) and 5000 ($250,000) recruitment qualification amounts.
At this point, I typically publish a review concluding these findings. “Leaders” in the company then dismiss the information as untrue or lies, but don’t specifically counter it.
If we’re lucky, someone from management might pop by and leave a few paragraphs of derail attempts and strawman arguments in their defense.
Rarely, if ever, is the issue of money flowing in and out of the company addressed. At least not until a compliance attorney is consulted. It’s not entirely unusual for me to receive requests to take down reviews because “company A” has changed their compensation plan after copious amount of fraud have already been committed under a now obsolete compensation plan.
But I digress.
Over the last twenty-four hours images have appeared online which allow us to peel back the curtain behind one of RE247365’s top affiliates, Faith Sloan.
What’s going on in her downline? Is she selling anything to retail customers? How much has she earnt to date? How did she earn it?
Read on for the answers to all of these questions and more. [Continue reading...]
To the best of my knowledge there are four claims and allowances matters that are going to be heard next Tuesday.
Alvarez and Marsal initially wanted $876,463.72, Greenberg and Traurig initially wanted $1,044,813.95, Gordon Silver want $230,000 and Stuart MacMillan (interim CEO) is demanding he be paid $107,089.45 for expenses and services rendered.
Following negotiations with the SEC and TelexFree Chapter 11 Trustee, Stephen Darr, Alvarez and Marsal have agreed to a 51.4% reduction ($435,000). Similarly, Greenberg Traurig are now only asking for 37.9% of their initial request ($396,073.82).
Gordon Silver and Stuart MacMillan are still holding out, believing that they are entitled to the full sum of what they are asking.
In a series of filings made yesterday, the Department of Justice’s US Trustee for Massachusetts, William Harrington, advised that he “has no objection” to the adjusted amounts requested by Alvarez and Marsal and Greenberg Traurig.
Not surprisingly, the DOJ have objected to Gordon Silver and MacMillan’s demands. [Continue reading...]
Despite having it’s assets frozen well over a year ago and late last year Brazil’s Ministry of Finance concluding BBOM is a Ponzi scheme, the owner and top investors of the scheme remained at large.
Now, some fourteen months after the scheme had its assets frozen, regulators in Brazil have finally “reported” five individuals.
The Federal Prosecutors Office in the Brazilian state of São Paulo has reported João Francisco de Paulo (owner of BBOM) and Paulo Ricardo Figueiró, Ednaldo Alves Bispo, Sérgio Luís Yamagi Tanaka and Fabiano Marculino Montarroyos (believed to be top investors in the scheme). [Continue reading...]
In an effort to strengthen the criminal case against TelexFree’s owners, the Department of Justice requested a stay on discovery in the SEC’s civil case.
The DOJ reasoned that
without a stay, Merrill and perhaps Wanzeler – charged in both actions – would use the civil discovery process in a manner that impairs proper administration of the criminal case.
At the time of publication, all parties involved in the SEC’s civil case (including the SEC themselves), have indicated they do not oppose the DOJ’s request.
Well, all except one: Faith Sloan.
In their original request dated early September, the DOJ claimed Sloan was waiting to see how her Motion to Dismiss played out before filing her reply.
With that a decision on that motion still pending (Santiago De La Rosa and Randy Crosby have requested their respective Motions to Dismiss be stayed until the conclusion of the criminal case), Sloan has filed a reply.
Sloan’s reason for opposing the DOJ’s request has nothing to do with the pending outcome of her Motion to Dismiss (which will likely be stayed if Crosby and De La Rosa’s are).
Instead, Sloan argues
that so long as she is a defendant in the above entitled action (the SEC civil case), she must pay and continue to pay her attorney for representing her at a time when she is unable to support herself financially.
Say what? [Continue reading...]
There is no information on the Qbule website indicating who owns or runs the business.
The Qbule website does feature an “about us” link, however clicking on it reveals a broken link. I tried clicking the link using multiple locale variations of the Qbule website to no avail.
The Qbule website domain (“qbule.com”) was registered on the 24th of January 2012, however the domain registration is set to private.
Qbule list a corporate address on their website for “Qbule Technologies America” in the US state of Washington.
The address provided, “565 Andover Park W, Tukwila Washington”, is a big unmarked office building. Additionally no suite number is provided, which raises raising the question of whether or not Qbule is actually based there.
Upon browsing Qbule’s website, it wasn’t long before this messaged popped up:
Despite the promised 15th September completion date, a quick visit to “qmybid.com” reveals an unfinished auction site:
There’s no information on the QMyBid website indicating who owns it, with the “about us” page marked “under construction”.
The QMyBid website domain, like Qbule, is also registered privately.
If one looks at the source-code for the website though, clues as to who might be running Qbule and QMyBid are evident:
The site is running the same backend as “bestpricebid.com”, which is a domain owned by a “Parvinder Singh” from “BPS Network Pvt Ltd”. An address in the Indian city of Chandigarh is also provided.
Now we’re getting somewhere.
Whether or not Singh and BPS Network are behind Qbule was initially unclear, however it’s highly probable that Qbule is either based out of India or from elsewhere by somebody with a connection to India.
A few Google searches later and I confirmed that Parvinder Singh was indeed behind Qbule:
I didn’t check the Indian local site of Qbule in my initial checks, but when I went back and had a look sure enough Parvinder Singh’s name popped up in the “about us” section.
Why this information is not available on other local Qbule sites is a mystery.
As per Singh’s Qbule corporate bio, he claims to have ‘a vast experience in the industry of Direct Selling and Retail Marketing‘.
No explicit examples are provided and, possibly due to a language barrier I was unable to locate any myself.
The specifics of Parvinder Singh’s “vast experience” in the MLM industry remain unclear.
Read on for a full review of the Qbule MLM business opportunity. [Continue reading...]
As Carlos Wanzeler fled the US and his partner James Merrill prepared for another day of denying TelexFree was a Ponzi scheme, the FBI, Department of Justice and Homeland Security raided TelexFree’s offices and ‘a local business that maintained TelexFree’s servers‘.
Federal law enforcement seized various assets of TelexFree, including servers used by TelexFree, about 38 boxes of documents, and about two dozen computer drives.
The electronic data alone is believed to be over 400 terabytes of material.
Before regulators can analyze the seized evidence though, standard procedure would see
all of the information seized from TelexFree first reviewed by a team of lawyers and paraprofessionals, whose duty would be to examine all of the documents and remove any materials that appear to be attorney-client privileged before the documents would be made available to the Governmental Authorities for use in Governmental Proceedings.
Under this scenario, firstly who knows what dirty little secrets might be lost. And secondly, the time required to perform such an audit would greatly delay the various regulatory actions against TeleFree being heard.
The trickle down effect of this would then also be a delay in the returning of money to TelexFree’s victim.
A non-desirable outcome for all except TelexFree management.
Thankfully the court-appointed Trustee Stephen Darr has a solution. In a court-filing made yesterday, Darr has requested permission to waive TelexFree’s attorney-client privilege. [Continue reading...]