JubiRev marketed as “guaranteed profit”
Just wanted to thank you for the review. I have had a ton of marketers ask about this particular opportunity and will be directing them to this review.
The company should make things a little more clear on what it is all about, just because it is FREE does not make it better. Thank you for the review and I will be linking to it shortly…..
-David J. Boozer, endorsing BehindMLM’s review of Wazzub (January 2012)
Paul Burks, CEO of Zeek Rewards, achieved a number of things in his long MLM career, but what most people in the industry are going to remember him for is introducing a whole new generation of MLM marketers to the Ponzi scheme.
Not only that, but he also seemingly managed to convince a great deal of them that the model works.
In the aftermath of Burks legacy the MLM industry has seen wave after wave of ex-Zeek Rewards affiliates pushing the latest Zeek Rewards clones, all eager to carve out their own slice of the emerging “revenue-sharing” MLM Ponzi scheme hybrid niche.
With most investors in the various revenue-sharing companies operating today having begun their Ponzi careers in Zeek Rewards, it’s no surprise that we’re starting to see some of the all-too-familiar terminology used to market such schemes emerge.
The latest? JubiRev is provides “guaranteed profit”.
The above statement appears on the marketing blog of David J. Boozer, with Boozer asking “is JubiRev the revenue sharing opportunity of the future?”
The “review”, complete with JubiRev affiliate link with which Boozer hopes to attract new investors, features a picture that invites visitors to Boozer’s site to “be successful” with JubiRev and “get guranteed (sic) profit” from it.
Needless to say regulators in the US take a very dim view of income opportunities when it comes to MLM (hybrid Ponzi schemes or otherwise).
Accompanying Boozers “guranteed profit” graphic is also a fourteen minute video in which he is quick to dismiss the analytic viewpoint that JubiRev is a Ponzi scheme, based on the fact that it shares the same Ponzi points business model as the $600M Zeek Rewards Ponzi scheme (on which JubiRev was modeled):
[1:49] Now if you’re here and you think that this is some network marketing Ponzi scheme, revenue-sharing ummm, uh… uh… hole from which there is no return, well, y’know what – whatever. I don’t even know why you’re here on the video (laughter).
Matter of fact go get a 9-5 job because that’s about as pyramid as it gets. And if you want a Ponzi scheme (Boozer clicks his tongue), wait for your social security.
I’m not kidding. Social security, medicare? Ponzi schemes. 9-5 job? Pyramid.
A strawman argument at best, whether or not a 9-5 job, social security and medicare are Ponzi or pyramid schemes of course has nothing to do with what JubiRev and its business model.
Boozer also states in the video his recommendation that ‘every network marketing company should have a revenue-sharing program” [1:18], and that participation in revenue-sharing schemes is “entrepreneurship” and “freedom”.
Acknowledging that he’s been “in a couple” of revenue-sharing schemes that “have gone bye-bye” [3:23], Boozer claims the problem with revenue-sharing schemes is that “they don’t last that long, that’s the problem” [3:15].
The typical life-span of an online Ponzi scheme is roughly two years (Boozer refers to this as “the two year mark”), however after Zeek Rewards was shutdown this has been drastically reduced (at least on the MLM hybrid side of things), with many owners recently shutting their schemes down after the SEC reaffirmed with Zeek Rewards that Ponzi schemes, no matter how they are marketed, are illegal.
Boozer goes on to reveal that he was also an affiliate of GoFunRewards, another revenue-sharing company who recently shut down their US operations citing concerns over the legality of the revenue-sharing business model.
Boozer mentions another revenue-sharing opportunity in the video, stating
[4:24] I’m already in another revenue-share, I’m already doing that, it’s already built up, got hundreds and hundreds of uh, uh, uh people inside the program. And they’re doing wonderfully, they’re all making money, taking money every day and every week.
Boozer doesn’t name the company but further research reveals he is an affiliate of AddWallet:
Addwallet shares a similar revenue-sharing scheme compensation plan to Zeek Rewards and JubiRev that has affiliates invest in “advertising units” for a 90 day ROI.
On his blog, Boozer writes
companies like Go Fun Places, World Consumer Alliance and a small handful of others are taking this new “compensation plan” seriously and legally.
There were a couple recent programs that were considered illegal pyramid programs that contained similar compensation structures, but in reality it was the fact the services or products were under delivering, not an “illegal” compensation plan.
While some may have been hurt by the ZeekRewards of the world, many companies today know the compensation structure is legal.
Boozer was of course an affiliate in Zeek Rewards, and upon reading the BehindMLM review of Zeek, left several unpublishable comments in response.
That these comments were not published only further infuriated Boozer, who on May 4th 2012 went on to publish a thirteen minute video titled “Zeek Rewards Behindmlm.com Review”.
In the video (which he openly admits is biased), Boozer refers to himself as a “successful guy online” and claims to have conducted “60 days” due diligence into Zeek Rewards before giving it the all clear. Boozer also accuses BehindMLM of just “blatantly lying and attacking stuff”.
Three and a half months after Boozer published his “review”, Zeek Rewards was shutdown by the SEC for being a $600M Ponzi scheme.
Shortly after that Boozer deleted the above video from YouTube, along with the accompanying article slamming BehindMLM’s analysis of Zeek Rewards he had published on his blog.
As you’ll note, once Boozer discovered we had reviewed an opportunity he was trying to recruit people into, his response acidically differs to the glowing endorsement of our earlier Wazzub review (written using the same analytic methodology as the BehindMLM Zeek Rewards review).
As I mentioned at the beginning of this article, Paul Burks achieved a number of things in the MLM industry whilst running Zeek and unfortunately one of them is a legacy of angry MLM marketers, hell-bent on letting go of the idea that Ponzi schemes are legal and sustainable.
These disillusioned affiliates spur eachother on and are now spread out over a series of reload scams, targeting those who had invested in Zeek Rewards and similar schemes after it.
They’re angry at the US government, they’re angry at the payment processors holding their money at the behest of investigators, they’re angry at analysts such as myself who call out these schemes for what they are, they’re angry at anyone who doesn’t just sign up under them and blindly invest their money…
They’re angry at everyone except the people who run these scams and duped them to begin with.
Update 10th December 2018 – As of December 2018 David Boozer has removed the fourteen minute “JubiRev is not a Ponzi scheme” video from his YouTube channel.
This guy is unbelievable. Entertaining though…
They’re angry at themselves secretly for falling for such ****, but they had to blame somebody except themselves. It’s denial, and it’s as old as time.
And it’s standard reply. Remember Burks said “don’t blame me“? These guys are just ape-ing him.
Monkey see, monkey do.
He’s clearly entertaining. “They usually are at that age, being sooo serious about what they want”. And he wants a company to finally break the code and make Ponzi schemes work for the participants, and he will continue for as long as it takes. 🙂
It’s interesting how he sees it, e.g. what he identifies to be the problem. It was never about the idea being flawed in itself, but about how short lived the last schemes had been. He would have been able to make a profit if they only had lasted a little bit longer, e.g. for 2 years rather than a few months. 🙂
I actually liked some of his ideas there, e.g. “Every MLM program should have revenue sharing as standard part of their compensation plans, allowing EVERYONE to earn money”.
With that idea, only the number of opportunities you join and the amounts you invest will limit how much you can earn. You won’t need to recruit anyone either, the profit sharing will guarantee a positive ROI.
T. Le Mont Silver mentioned something about “low hanging fruits”, and here we see why he used exactly that expression. This guy will participate in anything to prove his idea was the right one, “profite sharing MLM can work!”.
For other fruits out there (including nuts), here you finally have found an idea to follow. Simply CONVINCE yourself that something CAN work if you continue long enough, and ignore the reality when it doesn’t work. Your brilliant brain powers will eventually make it work.
That guy seriously seems to need some help returning to the reality. He’s probably following a “Fake it till you make it” idea, believing in the idea that if he tricks his own brain into believing something the reality will follow.
That idea derives from “The Science of Getting Rich” (1910) by Wallace D. Wattles, or from “Think and Grow Rich” (1937) by Napoleon Hill. The first one was the inspiration for “The Secret”. Other authors have added their own ideas to it in the last 100 years.
The IDEA itself can be sold over and over again to new groups of people. People really want to believe in ideas like that.
The idea doesn’t work very well in reality, the results will be random and unpredictable if you apply it to the wrong areas (e.g. your desire to become a successful investor will not affect the market itself or the investments you make, no matter how hard you try to convince yourself).
He has clearly tried to convince himself about being a successful internet marketer. The number of views on his videos clearly tells another story, an average of 50 views per video.
Here’s my two cents for what it’s worth.
There is a large group of people who think any revenue sharing is an illegal scheme.
There is also a large group of people who think they have found a way to do revenue sharing and satisfy the regulators.
There will be a close examination by a regulatory body at some point and one of these groups will be wrong have a lot of egg on their faces.
I will say that one thing that differs JubiRev from the rest (OK, two things) is:
1) they do seem to be preparing for any such regulatory review instead of the cut and run leadership of the others. Which leads me to number
2) Jubirev President, J. Joshua Bietsle has an exceptional reputation and owns the largest MLM call center in the world, myphoneroom. Not the type of guy known to be going out and running a bunch of scams.
That’s all!!
Uh… Zeek Rewards? It already happened.
Neither of which addresses a “guaranteed profit” ROI paid out over 85-105 days, paid with affiliate money and determined by how much money an affiliate themselves initially invests.
And Bernard Madoff was the multi billionaire owner of one of the top market maker businesses on Wall Street and former non-executive Chairman of the NASDAQ stock market.
Your point being ???
Leave Jubi alone, There are thousands of us that are happy with it and making money, And only like 5 of you guys here that are hating, lol.
You’re actually making JubiBucks and JubiPoints, not money.
Do you seriously believe there is a significant difference between giving away sample bids to a penny auction and giving away other samples?
Were you happy with the “Cash available” and “VIP Points” in ZeekRewards too? Or the “Lifestyle dollars” in GoFunRewards?
David Boozer seems to believe in the idea of “If you seriously believe in something, it will eventually become true”, i.e. that his subconscious mind will make all the necessary steps to make it become real.
Do you believe in similar ideas, e.g. that your subconscious mind will make the JubiBucks become real money?
If it’s done on sales to CUSTOMERS, I have no problem.
But any one actually thinks that affiliates buying stuff (to give away) in order to qualify themselves for revenue share/ commission needs to look at only one case to realize that’s illegal: Webster vs. Omnitrition.
That’s an existing law on the books, no further interpretation needed.
Until you find a MLM lawyer that can explain to me HOW does Jubi’s model NOT run afoul of that case, you’re just floating a trial balloon known as “wishful thinking”.
Correction: there are thousands of you who THINKS they are making money. Zeek had a MILLION people who thought they were making money too.
The only one who’s laughing are people wondering how dumb you are to fall for the same trick again (it’s called a “reload scam”). We’re merely shaking our head in disbelief.
It’s not about “legal / illegal”. It’s about the same problem ZeekRewards had. The only significant stream of money coming IN came from the investors themselves.
Monopoly money do NOT generate any real profit when someone is using it to buy something. Anyone believing otherwise can of course share their theories.
Interesting article below. It points out that a con artist only has to recruit ONE person to kick off the pyramid, which does not have to sustain itself for very long before the original promoter is profiting handsomely.
What the “large group” believes is pretty irrelevant. They are all being suckered in the same way.
http://www.ftc.gov/speeches/other/dvimf16.shtm
He doesn’t even need that one person. On the Internet, it could be a shill puppet profile. Though one judas goat goes a long way. 🙂
I see what your saying is true, but a shill puppet profile is not paying money into the con. The shill is a recruiting tool, not an actual paying recruit.
Correct, but shills are what gets the fence-sitters off their “perch” and “go all in”. And it’s EASY to shill on the Internet. In live events you have to pay the shills under the table.
This is a bit worrying, sent out by JubiRev President J. Joshua Beistle today:
Don’t think about it guys, just hand over your money and convince your friends, neighbours, family, school, work and community to do the same. JUST DO IT.
I imagine investing in JubiRev wasn’t what Nike had in mind when they came up with that.
Good thing I covered that fallacy months ago:
http://amlmskeptic.blogspot.com/2012/08/the-analysis-paralysis-fallacy.html
He’s pretty desperate if he tries to recruit you. 🙂
JubiRev has a few problems, e.g. it’s too similar to Zeek and is negatively affected by Zeek’s shutdown. It’s also affected by GFP’s situation, and the lawsuits.
The e-mail is typically addressed to network marketers, “recruit recruit RECRUIT”. It’s also addressed to “wannabes”, e.g. in all the leadership talk.
All-in-all, it doesn’t sound like a very good strategy to me. He’s looking at the market from his own viewpoint rather than from the viewpoint of potential new investors.
If the recruitment of new investors have slowed down, it has to be solved at a management level rather than out in the field. The company is sending too many ‘mixed signals’ out in the market.
* “Recruit recruit RECRUIT” is contradicting the “Everyone can make money, they don’t need to recruit”.
That is actually worrying. He’s not solving anything himself, he’s rather using his ‘excellent leadership skills’ to get others to solve it for him (by encouraging them to recruit more investors).
Normally he should have produced some material that could be used in p2p marketing, e.g. “growth reports” or other material backing up the main strategy (showing that the company thrives and grows ‘as expected’). Some ‘upcoming events and plans’ can also be used, showing that the company has a direction.
They’re coming out with Jubi Coffee, isn’t that growing ? ( in a sarcasm tone ) =)
I haven’t seen it, but it’s actually one of the types of information they can use.
ZeekRewards used Network Marketing Business Journal (NMBJ) and Troy Dooly as channels for important PR-stuff, rather than Paul Burks yelling “recruit recruit RECRUIT” to Zeek’s affiliates. There’s clearly a difference in the methods.
J. Joshua Beistle seems to be motivating himself rather than motivating affiliates in general. And he’s certainly not motivating the GUMP market (Good Unexperienced Money People).
Only wannabes can be motivated by his ‘motivational speach’, people who FEEL they have ‘leader qualifications’ the World hasn’t discovered yet. Usually there’s a reason for why the World has ignored them as ‘leaders’ (they’re too focused at themselves).
I prefer Paul Burks’ method. It was aimed towards the market itself, not solely towards the affiliates. It was like giving the affiliates valuable ‘tools’ to use in marketing, rather than yelling “recruit recruit RECRUIT”.
J. Joshua Beistle will singlehandedly “bring them to new heights they never could have dreamed was possible”. They will only need to recruit recruit RECRUIT first. 🙂
I compared that to ZeekRewards, since JubiRev IS a clone of Zeek with many former Zeek affiliates. It pretends to be an ‘improved model’.
He’s clearly directed towards wannabes …
Wannabes do first of all have AMBITIONS of ‘becoming something’, something they FEEL are within their ‘true potential’ if they work hard enough and can get some proper training. They have just been unlucky so far, they just haven’t found the right opportunities yet in their last few attempts.
It could have been interesting to ask him about “the new heights” he was talking about, ask him to be specific about it. Some ‘heights’ aren’t exactly NEW.
Sweet Dreams — by Eurythmics
Who’s the user/abuser, and who’s being used/abused?
I see that Jubirev members are really tickoff because of Fly Guy Marketing, who sells customers but none of the customers that jubi affiliates purchased from Fly Guy are using there jubi bucks. Seems like fake customers to me. There coming in seconds apart.
Selling bogus leads is nothing new. Who can forget Shawn Dahl’s organization selling leads to Herbalife hopefuls?
http://www.nypost.com/p/news/business/herbalife_red_flag_P4Cxy4pE8tC59kkPN3QyYL
And who can forget that Robert Craddock had at one time tried to sell leads to Zeekheads, before it collapsed in his face?
@NHRA
Don’t see why that would concern them, they are paid their ROI for giving them away. Whether the JubiBucks are used or not doesn’t factor into the ROI equation (last I looked at the comp plan).
Can’t say the suspicion of fake customers surprises me, that’s what happens when companies have direct access to an MLM company’s database and can just create customers willy nilly.
It’s technically just a loophole to get around those FTC laws on MLM companies supplying their affiliate-base with leads (customers).
Speaking of shills on the Internet… I wrote an article on shills and fake social proof. it’s NOT directly related to Jubirev, but it’s somewhat relevant.
http://kschang.hubpages.com/hub/The-Fake-Social-Proof-When-Scams-Review-Scams-and-Declare-them-NOT-Scams
I enjoyed the article. Lots of good information. Thanks