When Global Hangout launched earlier this year several key issues were raised following a review of the opportunity. Primarily there was concern over the lack of adequate differentiation between retail subscribers and affiliates, with Global Hangout simply requiring a subscriber to sign up again free of charge to be given access to commissions. Seen more [...]
Wealth Podium launched in early May with Danny Gauthier crediting himself as the founder and CEO of the company on the Wealth Podium website. On the Wealth Podium’s “About Us” section of their website, Gauthier writes Many self employed people have been looking for a way to get a foothold into 21st century technology. I [...]
There is no information on the Avisae website indicating who owns or runs the business. The only mention of executive management on the Avisae website is the following vague marketing spiel, taken from the “People” page: The founders of Avisae began with a belief and confidence in the human spirit and the fulfillment found in [...]
After informing investors that their second Ponzi scheme, officially promoted as a “total passive investment program” paying out a 1.6% daily ROI sourced from “new deposits”, had collapsed just 2 months after they launched it, Wealth4AllTeam announced to the world that they “suspending all withdrawals until September 2013“. In an email sent out to Wealth4AllTeam [...]
When the SEC busted the $600M Ponzi scheme Zeek Rewards, one of the myths busted was that the daily ROI Zeek paid out was based on ‘up to 50% of (the) daily net profits‘ the company brought in. This was a key component of Zeek’s affiliate’s marketing efforts, with many investors brought into the scheme [...]
When we last checked in with the MLM industry’s fight for legitimacy over in India, the various government agencies involved were engaged in ongoing discussion as to what constitutes a legitimate MLM company. In response to the multitude of scams operating within the MLM industry and local authorities seemingly all but powerless to regulate them, [...]
There is no information on the Brright Echelon Ad website indicating who owns or runs the business. The Brright Echelon Ad website domain (“brrightecehelonad.com”) was registered on the 7th of March 2013, however the domain registration is set to private. As always, if an MLM company is not openly upfront about who is running or [...]
Initially touted as a Zeek Rewards investment reload sheme, Wealth Creation Alliance was launched by Paul Skulitz and “Coach” Blaine Williams in September of 2012. The original Wealth Creation Alliance compensation plan saw the company accept $2 investments from affiliates and guaranteed a $3.25 (162%) ROI on each investment, sourced from new affiliate investments. Roughly a [...]
I never told anyone to invest more money than they could afford, I didn’t tell them to do that. Never. It’s their fault. Not mine. Don’t blame me. – Paul Burks, CEO of Zeek Rewards Amidst several ongoing challenges by Zeek Rewards affiliates who profited from the massive $600M Ponzi scheme, the court-appointed Receivership went [...]
The Green Label Network website was registered on the 30th of December 2010 and lists a “Tham Dai Dee, Co. Ltd.” as the domain owner. The administrative contact provided is a Domonic Mongello, with a supplied address in Chonburi, Thailand. Further research revealed a YouTube video featuring Mongello, where he is credited along with host [...]