Blessing4All launched in February 2014 and is headed up by “admin” Edwin Ramos.
On the Blessing4All website, Ramos is credited with having been ‘involved in online programs for more than 5 years in which he acquire the needed skills and knowledge on how to operate an online business’.
Blessing4All and Ramos (right) are based out of the Philippines, with a “certificate of business name registration” from the Philippine Department of Trade and Industry provided on the company website.
Note however that,
Blessing4all Enterprise is 100% online business for now but as we grow and the need arises we will set up a base office for this program.
On the MLM history side of things, Ramos’ YouTube account reveals a plethora of uploaded videos marketing “Ads2Freedom”. Further research reveals Ramos to be the owner of the opportunity, which used a series of matrices to pay affiliates commissions on the recruitment of new Ads2Freedom affiliates.
Despite Ramos claiming to have involvement in online programs for five years, I was unable to find anything specific other than Ads2Freedom.
In December 2013 Ramos advised on the company website that Ads2Freedom had their hosting account suspended by HostGator. Ramos claimed this was due to HostGator’s policy against “matrix or MLM program(s)”.
Ramos claimed the HostGator backups of Ads2Freedom were “useless because they are corrupt”, and did not restart the scheme elsewhere. At least not under the Ads2Freedom name.
Read on for a full review of the Blessing4All MLM business opportunity. [Continue reading...]
In Zeek Rewards, affiliates invested real money which the company then exchanged into “VIP Points”. VIP Points were an inhouse virtual currency that was used to manage affiliate ROIs and re-investment.
1 VIP Point was claimed to equal $1, until the SEC stepped in and shut Zeek Rewards down for being a $600+ Ponzi scheme.
One of ultimate wake-up calls for Zeek Rewards investors who remained in denial about the value of their points, was a statement the court-appointed Receivership issued in March of 2013:
The receiver has determined that because the VIP points aspect of the multi level marketing program did nothing more than redistribute funds between affiliates in Ponzi-scheme fashion, points generated by/or accumulated by affiliates will not be an includable part of an affiliate’s claim for purposes of receiving a distribution from the Receivership Estate.
And just like that, the millions of points Zeek investors had generated via re-investment of their issued points and hoarded away, were reduced in value to $0.
Nothing. Nada. Zilch.
Whether they’re using the Zeek Rewards business model as an instruction manual or not I can’t say, but guess who just started issuing their affiliates “TelexCredits”? [Continue reading...]
M & G Home Business launched as an MLM company in February 2014 and is headed up by “admin” Michael Flores.
Note that Flores’ name does not appear anywhere on the M & G Home Business website, but does appear on affiliate emails and the company’s domain registration.
Flores (right) lists himself as the owner of “mandghomebusiness.com” through Begin Marketing. A corporate address in the US state of Pennsylvania is also provided.
Begin Marketing state on their website that they offer “the best email marketing leads and PLR products”. Attached to the business is a single-level affiliate deal, which is attached to a $9.95 a month “Premium Membership”. Lead subscriptions are also available, “starting at $29.95 a month”.
Glenn Manger is named as Flores’ partner on several M & G Home Business affiliate sites, which is presumably what the “G” in the company name stands for.
Often credited as “marketers”, neither appear to have any experience running an MLM business opportunity. Working together though, both seem have a number of years experience generating MLM email leads (the Begin Marketing website was registered in 2000).
Read on for a full review of the M & G Home Business MLM business opportunity. [Continue reading...]
Live Life 360 launched in early 2014 and are headed up by co-founders Jesse Riddle (CEO), David Wood (President), Sam Robinson (Executive Vice-President of Operations) and Dr. Christina Beer (Executive Vice-President of Science and Research).
In his Live Life 360 corporate bio, Riddle is credited with ‘more than 25 years of business management experience and 10 years of industry experience‘.
A lawyer by trade, Riddle (right) was general counsel for Agel (nutrients) and around 2008 was involved in a number of cross-recruiting lawsuits filed against former Agel affiliates and Monavie’s Randy Schroeder.
Agel filed a lawsuit against Randy and Tara Schroeder alleging that they had violated various state and federal laws.
In the TRO hearing, the Court ruled that Agel had established that there was a substantial likelihood of success on the merits that Randy Schroeder may have used email addresses and names protected by Agel’s agreement.
The Court also found that there is irreparable harm to Agel if Randy Schroeder is permitted to continue the use of that confidential information.
The TRO will preclude the defendant from using any Web site that has Agel in it. And, further, he will be prohibited from any agreement with Yahoo, Google or any other search engine from using—from allowing or requiring them to direct traffic to his Web site or sites when someone types in the word Agel in the search engine.
This week, Agel filed numerous lawsuits against other former distributors alleging that they are improperly using Agel’s confidential information relating to cross-recruiting.
Over the next few weeks, Agel expects numerous and additional lawsuits to be filed. Agel will also request that the court enter Temporary Restraining Orders against each one of these defendants.
According to a statement released by Agel’s General Counsel, Jesse L. Riddle, “If a distributor violates their contract and cross-recruits, they will be sued.”
Riddle has also been unofficially credited with advising Go Fun Rewards to cease their US operations. Go Fun Rewards of course being one of the many reload scams that popped up after the Ponzi scheme Zeek Rewards was busted by the SEC.
When Riddle left Agel I’m not entirely clear on but I believe Live Life 360 is his first run on the executive side of things.
Read on for a full review of the Live Life 360 MLM business opportunity. [Continue reading...]
Yesterday saw dramatic scenes unfold at TelexFree’s Massachusetts’ head office, culminating in police being called to the scene to remove the company’s affiliates from the building.
What we weren’t sure on at the time was who called the police.
Luckily local Boston media were on location, with Wicked Local’s Daily News Staff reporting it was Steve Labriola himself who called the police on the affiliates.
Labriola said he called the police to intervene Tuesday when the crowd began to grow outside the company’s offices.
When asked if he might help affiliates get some answers by requesting management talk to affiliates, a Boston police officer who responded to Labriola’s call for help later told affiliates:
None of them are gunna come out man, they’re staying in there. They see this many people, they’re scared.
Affiliates gathered at TelexFree office to demand why the company, literally overnight, had made changes to their AdCentral investment positions.
Previously affiliates had been told there would be no change to their existing positions, with many expecting to be paid out their weekly $20 a week ROI per position for the remainder of the maturity period (52 weeks).
Short of trying to re-invent themselves as a “customer acquisition company”, TelexFree have thus far failed to explain the reason behind the changes. [Continue reading...]
Despite the uncertainty over TelexFree’s ever-changing new compensation plan, those that had previously invested funds before March were reassured their weekly ROIs would continue to be paid out.
This made little sense considering the company was under SEC investigation, but was largely seen as a way to keep their existing investors happy. I haven’t seen any official numbers, but TelexFree affiliates number in the thousands and there are purportedly over four million existing AdCentral investment positions active.
All was well until yesterday, citing “regulatory requirements”, TelexFree decided to renege on their earlier promises. [Continue reading...]
Paycation appear to have launched in early 2014 and are based out of the US state of Texas.
The company claims on its website that it
works with Xstream Travel to provide members professional training to become a Referral Travel Consultant or a Certified Travel Consultant. Xstream Travel is a 12 year old licensed and bonded travel agency.
Listed as CEO of Paycation on their website is David Manning. Manning (right) first popped up on BehindMLM’s radar as the CEO of Xstream Travel and Traverus.
Traverus have a reputation for supplying travel services to a number of recruitment driven MLM schemes, with The Vacation Network being the one that first brought Manning to our attention.
Launched by former Traverus executive Richard Vincenti and marketed as ‘a one time investment of $150.00 and $12.00 per month to qualify you to earn commissions‘, sometime between now and March 2012 the Vacation Network seems to have collapsed.
Read on for a full review of the Paycation MLM business opportunity. [Continue reading...]
When Phil Ming Xu became aware that the SEC was investigating his WCM777 Ponzi empire, he began to divert deposits made by investors to Hong Kong.
As noted by the SEC in their complaint against Xu,
Around October 2013, at the same time that state regulators began investigating the WCM777 offering, (WCM777) stopped depositing investor funds into their United States bank accounts, although the WCM777 offering continued.
Since October 2013, Defendants have raised more than $37 million from investors which has been deposited into their Hong Kong bank account.
Whether or not the appointed Receivership in the case will be able to recover the funds from Hong Kong is unclear, but that hasn’t stopped affiliates in Global Unity from proclaiming their opportunity is safe from US regulation. [Continue reading...]
Earlier this month, Massachusetts Secretary of State William Galvin’s office revealed that they were
investigating a Marlborough-based telephone marketing company that has already been banned in Brazil for running a pyramid scheme.
The inquiry stemmed from the office’s investigation into a similar company that was accused of targeting Brazilian immigrants in Massachusetts with a multi-marketing scam, said Brian McNiff, a spokesman for Galvin.
The “telephone marketing company” they were investigating was of course none other than TelexFree, with the company later confirming they were indeed under SEC investigation.
Meanwhile the “similar company” mentioned above is WCM777. Shutdown yesterday by the SEC after it was revealed to be a $65 million dollar Ponzi scheme. In taking down WCM777, the SEC filed a 24 page complaint with a Californian District Court.
Given the “similarities” between TelexFree and WCM777 and the former also being under SEC investigation, I thought it’d be worthwhile to go through the SEC complaint and see how TelexFree stacks up. [Continue reading...]
As part of their twenty-four page Ponzi lawsuit issued against WCM777, the SEC claim that the company
facilitated a “secondary market” in the points they award to investors, and Defendants estimate that $890 million of the points have traded on this market.
(WCM777) claim(s) that more than $890 million of points have been traded in the secondary market platform operated by Defendants.
The points acquired by investors provide the investor with the right to receive stock, or convert the points to stock, in any of the companies that Defendants represent they are bringing to the market.
In a nutshell, WCM777 affiliate investors converted real money on the company’s Kingdom Trade market for virtual points. The $890 million figure doesn’t represent real money (WCM777 only took in $65 million), but monopoly money being continuously compounded through the company’s Ponzi investment scheme.
Whereas WCM777 had the means to track real money being converted into “Kingdom Points”, it appears the planned method to permit investors to withdraw “Kingdom Coins” into real money was never put in place.
Xu had initially contracted EuroWallet to provide e-wallet services to his Kingdom Trade exchange under the branding “Kingdom Coin”, however as the regulatory noose around Xu’s neck tightened he then left the payment processor high and dry. [Continue reading...]