LEO Review: Personal development DVDs & recruitment
LEO, which stands for “Learn Earn Own” launched in 2012 and claim to have global headquarters in the UK.
I say claim because LEO’s supplied address, Howberry Manor is part of the Howberry Business Park.
Howberry Business Park provide a list of businesses in the park, with LEO being noticeably absent.
I’d be inclined to give the company the benefit of the doubt and suggest that perhaps the Howberry Park business listing wasn’t a complete directory, but when I punched in LEO’s other office addresses into Google here’s what I found:
- Dubai – PO Box
- Hong Kong – virtual mailing address provided by JumpStart ($134 HKD ($17.30 USD) a month)
- Egypt – virtual office space provided by Regus
- India – virtual office space provided by Regus
- Turkey – lawyer office uses same address, advertises “virtual office serves” on their website (difficulty with language barrier)
- Germany – “LEO Tower” address doesn’t appear to exist, website advises a LEO Tower might one day be built in Dubai
Given this, I’m putting a question mark as to whether or not LEO has any actual office space anywhere in the world.
Listed as the Founder, CEO and President of LEO is a one Mr. Dan Andersson (right).
Andersson’s LEO corporate profile is light on specifics, and instead reads as vague marketing copy:
In many ways Dan’s career has been a quest to find a platform to act as a catalyst for this vision of personal and professional development.
As a by product of this search he has gained European and Global direct selling executive experience; he did management and training consultancy to Fortune 500 companies.
Dan’s most relevant experience is probably when he was a training consultant, starting out of nowhere building a consultancy contributing to some of Europe’s most successful companies.
Clients included Toyota, DHL, Phillips, Digital Equipment, some of the largest retailers in the UK, banks, professional service firms, and a whole cross section of modern and traditional business.
After being a successful consultant he found himself back in Direct Selling when a UK Telecoms company asked him to join them as European Sales Director.
After that he joined one of the largest Chinese companies in the world and ended up as one of six Vice Presidents. Dan was responsible for the 24 countries in Europe, as well as Israel, Canada and USA.
I believe the “UK Telecoms COmpany” mentioned above is none other than SiteTalk/Unaico. BusinessForHome cited Andersson as President of the company in 2011.
Unaico SiteTalk was a failed MLM venture that revolved around a social network. A virtual share offering was tied into the business, along with commission qualification based on how much an affiliate paid the company.
Little to no retail activity took place, with SiteTalk Unaico collapsing around the time Annderson left in 2012. They’ve since rebranded as The Opportunity Network and have gone on to release multiple revisions of their Site Talk social network.
Last I checked in the company continued to operate at a loss and were trying to crack into the US market.
How much of hand Andersson played in all of that panning out I have no idea, but as President he would have had some direct involvement back in the early Unaico SiteTalk days.
In any event, after apparently realizing that opportunity was going nowhere, Andersson abandoned ship and went on to launch LEO.
Read on for a full review of the LEO MLM business opportunity.
The LEO Product Line
LEO advertise several personal development dvd sets on their website:
- LEO Academy (£25 GBP) – includes “the Lion Code”, “the Inspired Live” (sic) and “Becoming a Lion”
- LEO Mastery (£125 GBP) – includes “the Yes Secret” and “the Yes Secret 1 to 1”
- LEO Leadership (£500 GBP) – includes “Jackie Jarvis Consultant Sales”, “Presentation Skills” and “Decision Making”
No information is provided on who is behind the DVDs, or who authored the content on the discs.
A product video features on the LEO website, but at the time of publication it was “unavailable”:
The LEO Compensation Plan
The LEO compensation plan primarily revolves around the recruitment of new affiliates, and their purchasing of one of three available affiliate packs.
Each pack, along with the rest of LEO’s product line generates Bonus Points (BP), Rank Points (RP) and Status Points (SP), which are used to calculate various commissions within the LEO compensation plan.
LEO Affiliate Membership Ranks
In addition to various qualification ranks (see “Rank Achievement Bonus” below), there are five core membership ranks within the LEO compensation plan:
- Basic – purchase £10 LEO credit pack (only 5% payout via binary, no access to rest of compensation plan)
- Bronze – spend £125 when joining LEO or recruit an affiliate who does
- Silver – spend £500 when joining LEO or recruit an affiliate who does
- Gold – spend £1000 when joining LEO or recruit an affiliate who does
- Platinum – spend £5000 when joining LEO or recruit an affiliate who does
Recruitment Commissions
When a newly recruited LEO affiliate signs up with the company, their purchase of an affiliate pack generates Business Points (BP).
Referred to as the “Team Builder Bonus”, LEO affiliates at the Bronze or higher level earn 10% of the BPs generated:
- Startup (£125 GBP) – 125 BPs
- Business (£500 GBP) – 500 BPs
- Professional (£1000 GBP) – 1000 BPs
Effectively, a 10% commission is paid whenever a new LEO affiliate is signed up (providing they purchase an affiliate pack).
Note that Basic ranked affiliates only earn 5% of the BPs generated.
Binary Commissions
Residual commissions in LEO are paid out weekly using a binary compensation structure.
A binary compensation structure places an affiliate at the top of two binary teams, left and right:
Positions are filled in these teams via the recruitment of new affiliates. At the end of each week the bonus points are tallied on both sides of the binary, with affiliates earning 10% of the points generated by their weaker side.
Points are flushed weekly using a 1:1 ratio, with earnings also capped as follows:
- Basic – not eligible
- Bronze – £500 GBP
- Silver – £2000 GBP
- Gold – £5000 GBP
- Platinum – £15,000 GBP
Note that the above earnings cap also includes the binary matching bonus (see below).
Binary Matching Bonus
A matching bonus is paid out on the binary earnings of all personally recruited affiliates.
The bonus is paid out as a percentage, using a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
In turn, if any of these level 1 affiliates go on to recruit new affiliates of their own, they are then placed on level 2 of the original affiliate’s unilevel team. If any level 2 affiliates recruit new affiliates, they are placed on level 2 and so on and so forth.
The Binary Matching Bonus is paid out down a maximum ten levels, with level qualification tied into affiliate recruitment and membership rank as follows:
- Bronze – recruit four affiliates to qualify for payment on levels 1 to 4
- Silver – recruit four affiliates to qualify for payment on levels 1 to 4 and six affiliates to qualify for levels 5 and 6
- Gold – recruit four affiliates to qualify for payments on levels 1 to 4, six affiliates to qualify for levels 5 and 6 and eight affiliates to qualify for levels 7 and 8
- Platinum – recruit four affiliates to qualify for payments on level 1 to 4, six affiliates to qualify for levels 5 and 6, eight affiliates to qualify for levels 7 and 8 and ten affiliates to qualify for levels 9 and 10
Subject to the above level qualification criteria, the Binary Matching Bonus percentage payments per level are as follows:
- recruit 4 affiliates (all membership ranks) – 2% on levels 1 and 2 and 4% on levels 3 and 4
- recruit 6 affiliates (Silver, Gold and Platinum) – 2% on levels 1 and 2, 3% on levels 3 to 5 and 2% on level 6
- recruit 8 affiliates (Gold and Platinum) – 2% on levels 1 and 2, 3% on levels 3 to 6 and 2% on levels 7 and 8
- recruit 10 affiliates (Platinum) – 2% on levels 1 and 2, 3% on levels 3 and 4, 5% on levels 5 and 6, 3% on levels 7 and 8 and 2% on levels 9 and 10
Binary Profit Share
The remaining 90% of BP that is not paid out on binary volume that is flushed, is put into a weekly profit-sharing pool.
LEO pay out this bonus to all Bronze or higher ranked affiliates, pro-rata based on their total BP contribution to the pool.
Reverse Matching Bonus
Whereas the regular Matching Bonus pays out on an affiliate’s downline, the Reverse Matching Bonus pays out on the binary earnings of their upline.
The Reverse Matching Bonus pays up to a total of seven levels as follows:
- 5% on the first two upline levels
- 4% on levels 3 and 4
- 3% on level 5 and
- 2% on levels 6 and 7
Note that level 1 refers to the affiliate who recruited you, level 2 is the affiliate who recruited them and so on and so forth.
Also note that the Reverse Matching Bonus is only payable to Silver or higher ranked LEO affiliates.
Rank Achievement Bonus
LEO rewards affiliates who reach certain rank milestones within the LEO compensation plan.
These rewards are as follows:
- Associate (10,000 RP) – £500 LEO Tower pre-share award (??)
- Senior Associate (25,000 RP) – iPhone
- Coordinator (50,000 RP) – iPad
- Executive (100,000 RP) – “Dubai Executive Trip”
- Senior Executive (250,000 RP) – Mac Air and projector
- Director (500,000 RP) – “office” or Rolex watch
- Marketing Director (1,000,000 RP) – “car award”
- National Marketing Director (2,500,000 RP) – £20,000
- Regional Marketing Director (5,000,000 RP) -“property award”
- Global Marketing Director (10,000,000 RP) – “Dubai property award”
Note that RP above stands for “rank points”, witch each product within LEO generating a dollar for dollar RP per dollar spent by an affiliate and their less binary team (no points from the stronger binary team are counted).
LEO Director Program
Open to Director or higher ranked affiliates, LEO offers them a relocation package to Dubai.
This includes:
- an employment contract
- salary – fixed and based on sales volume
- dubai residency visa for affiliate and their family
- offshore Dubai based bank accounts
Business Ownership Award
If a LEO affiliate reaches Platinum rank within 90 days of joining the company, they qualify for a £20,000 GBP Business Ownership Award payout.
Note that the although qualified for at the Platinum rank, the Business Ownership Award is not actually paid out unless a LEO affiliate reaches the Director rank.
Lion Award
If a LEO affiliate qualifies for the Business Ownership Award and reaches the Director rank to withdraw it, they qualify for a chance to pitch a business idea to LEO management.
Our LEO associates may come forward to LEO board to present their business idea for LEO’s investment against some sorts of stake in their company. It is
up to the sole discretion of the LEO board to invest in this business or not.The total available finds to help start a new business could be up to £100,000.
Top of the World Award
The Top of the World Award gives a LEO affiliate an extra position in the compensation plan, placed above their entire upline (directly under the master position held by the company).
To qualify for the Top of the World Award, a LEO affiliate must be at the Platinum rank, and qualify as either a
- Senior Associate in 30 days of joining the company
- Coordinator in 60 days of joining the company
- Senior Executive within 120 days of joining the company or
- Director (no time-limit)
Note that Top of the World positions are capped earnings wise, based on an affiliate’s original position with the company:
- Senior Associate – £5000 a week
- Coordinator – £10,000 a week
- Executive – £15,000 a week
- Senior Executive – £20,000 a week
- Director – £15,000 a week
Joining LEO
Affiliate membership to LEO is available in four options:
- Basic – purchase £10 credit pack
- Startup – purchase £125 Startup Pack
- Business – purchase £500 Business Pack
- Professional – purchase £1000 Professional Pack
Conclusion
Understanding the complete LEO MLM business opportunity is a bit on the tricky side. It’s somewhat convoluted, with no clear sales objective for new affiliates.
As far as I can tell, retail is non-existent, with “members” still able to earn commissions via the compensation plan (direct recruitment commissions and 5% through the binary).
This is a major red flag and dictates the nature of the rest of the LEO opportunity.
LEO essentially boils down into a chain-recruitment scheme. Affiliates join for between £10 to £5000, which fits conveniently with the affiliate packs offered and then set about recruiting affiliates who do the same.
One of the give-aways is the Platinum level, which demands £5000 be spent. As per the LEO product page, there’s nothing they sell that remotely comes near £5000, meaning an affiliate is likely going to be purchasing product at the Platinum level for the sole purpose of commission and bonus qualification.
Another is the awarding of an extra position in the compensation plan under the “Top of the World” bonus. In pyramid schemes positioning is very important, with LEO taking full advantage of that by offering positions at the top of the compensation plan as a performance incentive.
Other red-flags are the recruitment qualification criteria for the Matching Bonus and that all commissions appear to be tied into affiliate recruitment (retail is not mentioned once in the LEO compensation plan).
One interesting aspect of the compensation plan I hadn’t seen before was the reverse matching bonus. Typically an MLM company only offers a bonus on an affiliate’s downline, to encourage them to increase their volume. In LEO a matching bonus is also offered on the efforts of an affiliate’s upline, which I thought was a nice touch (albeit capped, to obviously prevent ridiculous payouts).
On the product side of things I can’t really see how they fit in anywhere, save for encouraging affiliates to spend more – which in turn generates additional Bonus, Rank and Status Points within the compensation plan.
Realistically, with not even the most basic of product information required, I’m not seeing anyone but affiliates purchasing LEO’s personal development DVDs.
The whole invest in your business idea was a bit iffy too, ditto the offering of “pre-shares” in LEO Tower. Whether or not these offerings are regulated and/or fully compliant with regulations applicable depending on where a LEO affiliate might be based is questionable.
Meanwhile Dubai itself is hardly known for its corporate regulation and compliance, so there’s that too.
All in all, even you ignore some of the finer points of the compensation plan, the issue of retail in LEO remains. This is again brought to the forefront by way of the binary profit-share, which is paid out to Bronze or higher ranked affiliates (basically anyone who buys an affiliate pack).
If the money being paid out is 100% or close to sourced solely from affiliates, then there’s also some Ponzi scheme issues at play here. Affiliates purchase a position in the comp plan and are then paid a weekly ROI, based on how much revenue they and their recruited downline have generated.
Not quite a fully fledged Ponzi business model but a concern nonetheless.
Approach with caution.
The address does come up:
Aschmattstraße 8
76532 Baden-Baden
Germany
I think the problem is Leo Tower is a separate company, also headed by Dan Andersson, and brand new in that it was registered in April 2014. LEO itself dates from 2012 (prelaunch) and 2013 (full launch).
LeoTower info
NOLINK://www.kompany.com/p/de/hrb719493%20mannheim
Atif Kamran is involved, a buddy of Andersson from SiteTalk, according to another website. Indeed, Kamran is listed as one of 4 “advisory board members” on LeoTower website.
LeoTower appears to be concentrating on real estate. Leo Hacienda is has stuff on Menorca, island (next to Mayorca) next to Spain. No idea about LeoVillage or LeoTower. Sounds like trial balloons. Wonder if he’s going the Phil Ming Xu strategy?
Oh, they also have a cryptocurrency called LeoCoin. 🙂
NOLINK://leocoin.org/#about
So basically affiliates are bankrolling LEO’s owner’s real estate investments and whatever else they’re involved in from the sounds of it.
I wonder if they’re paying out LEO commissions with it? Definitely sounds “me too”, hoping to ride on the back of BitCoin.
I read the review with interest because one of my friends invited me to look at LEO a while ago. I was so busy and had not time but recently someone sent me this link and it made me interested to look into it from a third party point of view.
Good review but flawed in many areas.
First of all I have to say that LEO’s pitch is strong and the fact that they are transparent makes me feel comfortable.
I dont have time to call all the offices and investigate but it appears that all the offices are real and does appear in the real world. I spoke to my friend (who invited me to look at LEO) about Dan.
He himself did not know Dan directly but his friend knew Dan very well and he said that he has amazing personality is an honest and straight person.
Dan believes in transparency and he left SiteTalk because the CEO of SiteTalk was not so straight and that Dan wanted to build SiteTalk as a longterm business. This is what I heard and I am writing here word to word.
My belief is that we should never form an opinion about anyone just by reading some blogs, even not from hearing form someone. Unless a trusted source.
Did not have time to look into products in details but I have been given a product webshop address. (Ozedit: affiliate link removed, anonymous domain registration) and it looks good to me.
I am not an expert but it looks like LEO has a good compensation plan and products and good people behind thats why they have many success stories and happy people. I looked at their website they even posted pictures and names of all their affiliates.
So uh what, just ignore the recruitment commissions and pyramid scheme nature of the business?
“Hay guyz, here’s an affiliate link. I liek the produkts and Dan is awesome. Lulz comp plan looks gr8. Also I don’t have time to check but stuff appears real. Cuz I sed so.”
A good example of how to completely fail at MLM due diligence.
PS. That the addresses exist isn’t what’s concerning, it’s that every address is a virtual mailing address or PO Box. Or in the case of LEO Tower, (???). Whole boat load of murky real estate investment going on there. So much for transparency.
Perhaps you can start by what exactly do you mean by “transparent”.
What are you buying when you join LEO? The Personal Development DVDs.
Who made the DVDs and what are they talking about in the DVDs? Who knows.
That ain’t transparent.
Furthermore, the fact that you’re being paid by making a purchase yourself, and get other people to join, puts this into pyramid-selling, by ANY law in the EU or the US.
Thus, one must conclude your criteria for “transparent” and “good compensation plan” may not be the universally accepted definition.
Dan Andersson and Atif Kamran “invented” Lecoin, a cryptocurrency.
Is that a serious business opportunity or another scam ?
buy-leocoin.org/news/leoxchange-london-launch-updates-on-press
Misrepresenting PR articles LEOCoin management sent out and are trying to pass off as news coverage aside, I’m not seeing a business opportunity?
LEOCoin looks to be yet another cryptocurrency entering an already flooded marketplace.
fake press releases = always funny.
Their HQ is at the Crowmarsh Battle Barns, in Preston Crowmarsh, Wallingford, Oxfordshire.
I see them every so often and have always thought that everything about them was extremely tacky and suspicious.
Finding this page has confirmed it for me. Many thanks for your in depth analysis.
Is LeoCoin a real coin trading on a real exchange ?
Does anyone know ?
If a cryptocurrency isn’t on CoinMarketCap, it’s not being publicly traded (in any significant volume).
read about atif kamran ..he is wanted to pakistan police read full artical from news paper of pakistan:
link —– dawn.com/news/715788
Interesting news on LEO!
Atif Kamran has been fired as CMO by the company. No public reason given but insiders say it was due to gross misconduct!
I found the following info on LEO (which I didn’t realize until now had affiliation with UNAICO/ SiteTalk/ OPN!).
This already happened two months ago end of November.
Screen copy from facebook.com/traineratifkamran/?fref=ts
Here is the screenshot (why is the image not shown dierectly???)
i.screenshot.net/ozgr0sq
Today, two months later, we learn that Atif Kamran has been “dismissed” by Dan Andersson.
See here: i.screenshot.net/mk83jiq
What happened here?
Maybe the police investigation was becoming too dangerous for the whole Leo/Leocoin operations and they decided to “sacrify” Atif Kamran to save the business?
Atif Kamran is/was a major shareholder of Leo (Learing Enterprises Organsation). Can he be forced to sell his shares?! Is he still in business?
SOURCE: bitcointalk.org/index.php?topic=1773300.msg17688418#msg17688418
If some people believe that the company is a scam then why the government of U.K. didn’t shutdown the main office in U.K.?
People must investigate for themselves not just a hearsay. If they say, office was shutdown in pakistan, then ask the government of pakistan.
You’d have to ask the government of the UK.
Only one way to draw a conclusion about an MLM company, and that’s by going through the business model. Recruitment schemes in MLM are pyramid schemes.
to help out – LEO has never had an Office in Pakistan
the LEOcoin is traded on about 8 or 9 exchanges on a fairly good volume: here is the list coinmarketcap.com/currencies/leocoin/#markets
OZ, you are wrong. Recruitment Scheme in MLM without a product that is a pyramid scheme.
A registration or entry fee that will give a commission that is a pyramid scheme. But a commission with a product is legal under DSA regulation.
You should understand the rule of DSA.
False. Vemma had a product, shutdown by the FTC for being a pyramid scheme.
Herbalife has products, fined by the FTC for being a pyramid scheme.
Every MLM pyramid scheme shut down in the last decade had some product or service attached to it.
The DSA isn’t a regulator. Nobody cares.
This whole review is way out of date – LEO sells packages of £150 not £5000.
because no one was stupidly throwing £5000 at the scam.
Now you’re expected to pump thousands into worthless LeoCoins.
Ok, ignoring random trolls – LEOcoin is a traded coin listed where you can see price and volume: worldcoinindex.com/coin/leocoin
To join LEO the usual entrance is as a customer paying £150 then joining as a member, but you can join for £10 too.
Don’t know where all the rage is coming from – the company has UK DSA membership and LEOcoin passes the tests that the DSA set out in their digital currency paper
The UK DSA has failed if they’re accepting MLM companies without retail sales.
Selling a pre-mined worthless altcoin isn’t a retail product. Neither is the personal development crap, which outside of affiliates nobody is purchasing.
Dan had fired Atuf Kamran last month. Jan 2017….
It was officially announced at Leo corporate facebook page.
Well the price is good of the coin and today you can see $300k was traded: coinmarketcap.com/currencies/leocoin/#markets
– also I’ve done three of the courses and they’re actually good, though I dont usually go for that sort of stuff. The third party trainers they hire are good too at their training events but I’ve only been to 1.
I genuinely think you’re confused between this company and others who are running scams
And what pray tell can you do with your LeoCoins? Y’know, other than wait for new affiliates to buy in and hope the price goes up?
The first exchange in that link is LeoCoin’s own internal exchange and accounts for almost half of the trading (between Leo affiliates).
The second exchange in that link (34% of trading) has a whole bunch of MLM Ponzi altcoins on it (YoCoin, E-Dinaar etc.). Again this is just Leo affiliates, seeing as nobody else is interested in the coin.
CoinMarketCap shows an overall decline in value throughout 2016/2017. In light of that trading volume means dick (one set of desperate Leo affiliates trading with another set of desperate Leo affiliates).
So uh, how is LeoCoin any different to the rest of the MLM pump and dump altcoin scams?
You can do the same things with LEOcoin as you can do with any other traded digital currency basically, trade it. Except you can also stake LEOcoin to get rewards on it.
Also not sure about your price data – I’m looking at coin market cap – Lowest price in Feb 2016 was around $0.04 the price today is around $0.4 – so that’s a rise of 10 times.
LEOxChange is not an internal exchange, anyone can use it, whether a LEO member or not. Livecoin is a well established exchange too and DABTC is one of the highest trading volume exchanges in the world…
Honestly, don’t think you’ve got this one right.
Traded digitial currencies are worthless. A cryptocurrency needs to have a practical application for it have any value.
LeoCoin has no practical real world application.
Sep 15 –> Jan 17, 0.002 BTC peak to 0.0003 BTC and slowly dropping. Once affiliate recruitment dies down the coin will collapse entirely.
Who is going to use it other than Leo affiliates? For all intents and purposes it’s an internal exchange.
Recruitment commissions + worthless altcoin. What’s there to get wrong?
Till how much time this scam will make fool the asian illiterate people?
Site talk/ unaico/ my leo busniess an evolving company waiting to scam and re scam people.
same people who started site talk then unaico the my leo business when the first company was busted they form another company then this myleo business will shut down again and same people will give birth to a new scam company.
logic is what kind of company in reality gives away a lot of incentives? leaders live a luxurious life style, yacth, expensive travels, expensive vacations, expensive hotel??
non except mlm or pyramid company that psend the membership money on new recruit gives buys lavish incentives to attarct an show off to on lookers and salivate the ignorants to perhaps try to join and believe the get rich scheme quickly with little effort.
beware of Dan Anderson, Atif Kamran and the rest of the people behind this companies–they will scam again.
Hi Oz,
Following on from the news that Atif Kamran was fired from LEO for stealing millions of members money, guess what hes has today launched his next BIG scam. $5,000.00 to join!
corporate.mytravelbiz.com/opportunity/
Yet again this self professed MASTER of MLM is scamming people with promises of high earnings and guess what a new crypto currency called Travelcoin which he is offering a initial coin offering in.
In his opening livestream today he introduced his co founder Geraldine Aquino (Ex LEO COO who was also fired) as the CEO. The broadcast and videos make me want to throw up. SCAMMERS
He failed to mention he and her have been having a affair behind their partners back and that Geraldines husband is wanted by the Canadian Police for a multi million dollar fraud and has fled to the Philippines.
Please, Please OZ review this new scam and let all your readers know the truth before they get caught up in this latest Atif Kamran Scam.
Thanks for keeping us all informed.
Added to the review list, thanks for the heads up!
Seriously these Leo scammers are making fool of innocent people, in India it’s gripping harder and no one is listening just blindly putting their hard earned money into this s***t. Even after oncoin and e-dinar scam their eyes not opened yet.
God knows what’s gonna happen now…. Oz waiting for ur valuable input.
Not much input to give. Indian scammers love a pyramid scheme as much as in any other country.
Hi Oz,
Following on from the news that Atif Kamran was fired from LEO for stealing millions of members money, guess what hes has today launched his next BIG scam. $5,000.00 to join! Mytravelbiz.
Yet again this self professed MASTER of MLM is scamming people with promises of high earnings and guess what a new crypto currency called Travelcoin which he is offering a initial coin offering in.
In his opening livestream today he introduced his co founder Geraldine Aquino (Ex LEO COO who was also fired) as the CEO. The broadcast and videos make me want to throw up. SCAMMERS!
He failed to mention he and her have been having a affair behind their partners back and that Geraldines husband is wanted by the Canadian Police for a multi million dollar fraud and has fled to the Philippines.
Please, Please OZ review this new scam and let all your readers know the truth before they get caught up in this latest Atif Kamran Scam.
Thanks for keeping us all informed.
I know people getting involved in this, they were flown to Dubai. What proof do you have that Kamran and Geraldine are an item? What is Geraldines husbands name?
How is it the Kamran received an award in 2017 in the UK for business when he is a scammer? Any Proof? Thanks.
Coming right up… three days ago – https://behindmlm.com/mlm-reviews/my-travel-biz-review-travel-booking-engine-recruitment-travelcoin/
Search bar is on the top right of every page.
i am from pakistan. i need start business some people say me you join leo business.
but i ask leo member how earning in this company, leo member just saying leo have big mining form in iceland and solvenia you join and earn 100 to 300 pound per month.
i think this is a big scam.
Dan Andersson was CEO of LEO Tower AG. Here the excerpt from the German commercial register:
NOLINK://share-your-photo.com/img/50506fe74f.png
On April 22, 2014, the company was renamed LEO Tower Project AG with the same address in Baden-Baden, Aschmattstr. 8
On September 22, 2015, Dan Andersson was replaced as CEO. New CEO was Julie Derville from Drusenheim in France.
On May 8, 2017, LEO Tower Project AG became LEO Tower Project GmbH with the same address.
The website NOLINK://leotower.com/ shows only this:
Dan Andersson was fired as CEO of LEO Tower in Sep 2015. He was accused of stealing members money in shape of backhanders and bribes he has been receiving by making LEO Tower buy properties are highly inflated prices.
This con artist needs to be stopped.
Bullshit 🙂
Guys that’s not true !
Atif Kamran´s new business 😀
youtube.com/watch?v=k1eNl-vXQ5c
I have just heard that (Ozedit: Snip, see below)
“I’ve just heard” isn’t a credible source. I’ve cleaned up the comments here, do not repost unless you can cite a credible source.
Dan Andersson is not at LEO cruise event. This is proven by all the pictures of the event.
facebook.com/LEOcorporate/?hc_ref=ARRL66iOJo4IjRbFqC6HkfisvEuBNZnqjq2Noe-f4kJWiK3o5a5qVNb1159tAX-TNkA&fref=nf
He was in Sweden! Make sure you don’t share FAKE NEWS HERE.
MM you are ( Atif kamran) right hand!
THATS WHY YOU TRY TO BASH LEO!
ATIF KAMRAN SOON IN JAIL!
Jakob sounds furious as if someone stepped on your tail 🙂
I am not involved in your company but am watching the space.
Dont share anything without proof as Oz mentioned. What proof do you have that Dan was in sweden.
The link I shared is from LEO’s facebook page. Dan is not there and thats all I shared. Truth.
Hi,
I have heard about the LEO,but i’m astonished that LEO is fake or not?or how they are providing luxurious life style to the leo members?
if someone has correct information could you pls share.
If you’re too lazy to read a review and 49 comments, let’s be honest; you’re probably going to fail at any business you try.
Leo migrated to the cryptocurrency space with the rest of the MLM underbelly. From what I hear that hasn’t gone too well.
Chinese scammers are trying to pump the price through the TOPBTC exchange (99%+ of volume). Nobody else is interested.
Please don’t be lazy and ask for personalized MLM company recommendations
@Irfy – did you seriously ask how criminals live luxurious lifestyles?
It’s a short term solution to a deep seeded character flaw.
if you don’t have what you deem as ‘correct information’ how do you know this review doesn’t?
Maybe you need to STEER clear of the crypto currency space.
This isn’t going to end well for you!!
His problem is that he isn’t in the “cryptocurrency space”.
He’s in the faux, fake, fraudulent, false cryptocurrency space.
@littleRoundMan
Seems like half the newcomers to this space are fawning the responsibility of researching viable cryptographic technology based blockchain opportunities and falling right into the fire with these stupid and devious crypto-kindergartner scams – a big part of the reason I personally begun joining forces to expose these shitcoins/ no-coins.
I don’t think it’s dissimilar to not being able to safely order a Ceasar Salad in the. U.S. right now. There are contaminated e-coli romaine lettuce strains sourced from at least 7 states here presently, and now at least one death. So, unless you’re extremely knowledgeable of the cryptocurrency space, just DON’T DO IT!
…but to avoid the worse of it, just never try to MLM “money.” I don’t see a way it can work. Ever.
Dan Anderson has been arrested in Pakistan. I went to Islamabad high court website (mis.ihc.gov.pk/frmCseSrch.aspx) and saw that Dan Anderson has launched a bail application ‘case number 2782 – case year 2018’.
The website does not tell why he was arrested.
Thanks for the heads up!
Other than confirming it’s definitely LEO’s Dan Andersson, I wasn’t able to dig up any additional information though :(.
Dan Andersson has not appeared on any of LEO events since March this year.
He has either been arrested or hiding from police in Pakistan.
He has caused so much hurt by looting people. What goes around comes around.
I hope one day someone will post picture of him in handcuffs and thats when probably he would stop scamming ordinary people.
Like it or not Leo is happening in South Africa and changing people’s lives.
wherever there is a good thing people will always find something negative, so cut all the negative crap and make a living.
So RIP Pakistan?
If South Africa emerges as the new market to fleece, may your losses equal LEO victims’ from other countries.
LEO is definitely changing lives. Financially though it’s mostly unfortunately for the worse.
EDIT: Alexa confirms South Africa is the new LEO victim honeypot. 22% of traffic to Pakistan’s 37%, so still a ways to go yet.
Hi all,
did you know that Mr. Anderson filled an application for bankruptcy in UK. It involves all his companies except Hongkong office.
I think he moved his business to Hongkong. Leaving all creditors in Europe empty handed.
He is still in Pakistan. Application is done by his right hand Mr. Landi. He transferred all his activitity to Hongkong.
No bankruptcy, but one of LEO’s many companies was closed and the staff transferred to another company. Then that company was renamed to hide the trail.
Most LEO staff haven’t been paid for 3 months, not surprisingly they aren’t going to get anything from insolvency proceedings.
Because you can just let a company lie dormant, not may anyone but not wind it up properly, for years until it’s found out.
Without insolvency, staff will get nothing – and LEO walks away from its responsibilities.