TelexFree “guarantees payments”?
Behind the VOIP mask, e-commerce programs, hotels and whatever else TelexFree attach themselves to is a simple MLM compensation structure:
Affiliates pay TelexFree $299 for an AdCentral account and TelexFree in turn pay that affiliate $20 a week for 52 weeks. These AdCentral accounts can be bought in bulk, which then increases the $20 a week payout.
Additionally, those that recruit new affiliates who buy these AdCentral accounts earn a $20 commission, or $100 if they purchase a bulk lot (referred to as an “AdCentral Family” account).
Where do these $20 a week payments come from?
That much should be obvious…
Meanwhile one would think that offering a $20 payment for a week would constitute a guaranteed payment, however that isn’t the case and there seems to be some confusion on the matter
As of last month here’s how TelexFree were advertising their AdCentral MLM opportunity:
Be our promoter
Earn money doing announcements on Internet!
Through a ADCENTRAL, that you geot (sic) for the amount of US$299 (annually), the promoter will receive US$20 each week.
And here’s how it looks today:
EARN MONEY FROM ADVERTISING TECHNOLOGY VOIP TELEXFREE.
Through a ADCENTRAL.
Membership U$50 (Partner) + ADCentral Kit U$289.00
(ADCentral + 10 accounts of 99Telexfree) = U$339.00 (Annual)
The promoter receives a 99Telexfree account for US$49.90 every week s/he posts 7 different ads at free ad websites on the Internet, Monday through Sunday.
All in a fast, easy and standardized manner atin (sic) your Telexfree virtual office (BO).
Spot the changes? They removed mention of the $20 a week payment and added some copy about a $49.90 account.
Trouble is the $20 a week payment still exists. TelexFree did not alter their compensation plan. And why would they? It’s no secret that the AdCentral investment scheme is where the bulk of TelexFree revenues and commissions are generated.
Oh and if TelexFree are truly serious about their *wink wink, nudge nudge* compliance efforts, they might also want to modify their website HTML title. It still reads ‘Make money by posting ads’:
It has been observed that nowhere in the TelexFree affiliate contract (Portuguese) does the company explicitly “guarantee” a $20 a week payment, yet.
Apparently affiliates buy VOIP accounts of TelexFree or some such and then sell them back to the company for their $20 a week payment (otherwise known as “*wink wink, nudge nudge* compliance”). Oh and they have to spam the internet once a day to.
That of course doesn’t translate over into the real world, where it’s much easier to just describe the TelexFree in the simplest yet accurate terms. Take this example from TelexFree affiliate, Leslie Mebane:
Telexfree guarantees payments!
Telexfree the company that delivers a guaranteed income.
Its is hard to resist talking about a company that guarantees you payments. I am a living witness of the fast and easy payments that regularly come in because I chose to register a new account and purchase my first packages.
This business can be done by anyone possessing no skills what so ever. Everyone is guaranteed payments and this alone, hands down makes Telexfree a goldmine.
Proponents of *wink wink, nudge nudge* compliance will naturally pooh-pooh Mebane’s description of TelexFree’s MLM opportunity, but is there anything practically inaccurate about her description?
Rather what you’ll find is an objection not based on any inaccuracy in Mebane’s statements, but on the basis of the SEC’s view on “guaranteed returns” and investment.
A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors.
With little or no legitimate earnings, Ponzi schemes require a constant flow of new money to survive. When it becomes hard to recruit new investors, or when large numbers of existing investors cash out, these schemes tend to collapse.
Many Ponzi schemes share common characteristics.
– High returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk. Be highly suspicious of any “guaranteed” investment opportunity.
The counter to this of course is ‘but Oz, TelexFree is not an investment opportunity. Affiliates buy VOIP services duh, *wink wink, nudge nudge*’
TelexFree even went so far as to have their attorney, Gerry Nehra, contact me in February and demand that I retract any statements made to the contrary:
I represent TelexFREE in the USA. I am not bi-lingual, and I do not represent, or comment on, TelexFREE operations outside the USA.
The TelexFREE business model in the USA is NOT an investment, uses NO investment language, and pays ONLY on the sale of its VOIP long distance product.
Any representative who uses investment language to describe the TelexFREE business model is violating policy, and if reported to the company, will be counseled and disciplined, up to and including termination.
We respectfully request you retract statements to the contrary.
Gerald Nehra, Attorney at Law
MLM Specialist Counsel to TelexFREE in the USA
Well lets take a look at TelexFree’s own affiliate agreement all affiliates are required to sign (including those in the US), this time in English.
First they hit you with a big scary warning:
2.6.5 – THE PROMOTER agrees to respect all applicable local, municipal, state, federal and international laws and regulations, being exclusively responsible for any actions or omissions carried out with his password, including on the content of his transmissions through the System, agreeing moreover that in particular he must not:
m) use terms that distort the real meaning of products or the mechanism and functioning of multilevel marketing, including, without limitation, expressions that convey the idea of instant wealth for nothing in exchange, as well as speaking of registration costs as a “financial investment.”
Similarly, it is expressly prohibited to use the term “INVESTMENT” at meetings and in promotional materials in general, orally or in writing.
Later on however in the exact same document TelexFree write:
5 –TELEXFREE ADVERTISING CENTRAL – ADCentral or ADCentral FAMILY
5.1 – MEMBERSHIP: A PROMOTER who wishes to enter the TelexFREE Multilevel Marketing system must establish his MEMBERSHIP as a “Partner Member,” and to such end, invest the equivalent of US$ 50.00 (fifty U.S. dollars).
10.6 – TELEXFREE shall not return, on any grounds or justification, the monthly payments made by the PROMOTER for the purchase of VOIP kits or other products, considering that he is fully aware that such amount was paid for the use of the resources provided by the TELEXFREE Network Marketing System as accessories in the conduct of the marketing campaign under way and/or, at the discretion of the PROMOTER himself, as an ongoing investment in the Network Marketing program made available, such that no request for reimbursement of amounts already transferred to TELEXFREE NETWORK Marketing System will be accepted.
Finally, I’d just like to reiterate one of Gerry Nehra’s claims again:
Any representative who uses investment language to describe the TelexFREE business model is violating policy, and if reported to the company, will be counseled and disciplined, up to and including termination.
And now provide you, in addition to Florida based Leslie Mebane’s TelexFree pitch above, with the results of a simple Google search for “telexfree guaranteed income”, performed today on Thursday the 11th of April, 2013.
Here’s how TelexFree is currently being advertised on LinkedIn by an “Amos H.”:
Although Telexfree is a weekly guaranteed income system for all those whom participate, referring new members to increase income still takes some talent.
Most newbies and some gurus are having a hard time believing a company can give a 52 week income guarantee.
The “Home Income Portal Blog” informs me that participation in Telex Free will get me
Paid Weekly… Guaranteed!Earn by simply posting 1 ad per day. This is the next Online GOLD MINE.
You get money weekly simple by posting online ads on free Websites. You are paid $20 each week for about 7 minutes of effort.
The company will continue paying you each week for 52 weeks. That’s a $1,040 raise in a year.
… and what is even better:
We have the KEY for Outsourcing your work. So, there is NOTHING to do anymore, just getting paid WEEKLY GUARANTEED.
And then there’s California based Daneng Xiong who writes:
TelexFree Opportunity, Make Money Guaranteed!
Can you really make money guaranteed! The answer is a resounding YES! With TelexFREE your income is guaranteed.
Here’s how it works. When you buy the adcentral package at $289, you have a contract with TelexFREE.
TelexFREE then promises to buy back the unsold software package from you for $20 dollars at the end of the 7 days of you placing ads.
This means by you paying $289 one time will allow you to make $1040 minimum for a 52 week period.
By the way, placing these pre-written ads literally takes less than a minute to do.
Here’s the bottom line. If you are sick and tired of joining deal after deal and not making any money then give TelexFREE a try. This is the only business I know of where you can earn guaranteed income and at the same time have an opportunity to make really big money.
They also have the best MLM lawyer, Mr. Gerald Nehra representing them in the legal department. If you dont’ know this guy you need to look him up. He’s worked with some of the biggest names in the industry including IBM and AMWAY.
His track record is flawless. No company that retains his law firm has ever been shut down by the regulators and he’s been practicing for over 35 years.
But TelexFree is of course not an investment scheme paying out a guaranteed $20 a week ROI on a $289 principle investment … right guys?
(*wink wink, nudge nudge*)
Footnote: I’ve only included a small sample size of the guaranteed income claims being made by TelexFree affiliates in this article. For even more guaranteed income claims from TelexFree affiliates, feel free to search the terms “telexfree guaranteed” and “telexfree guaranteed income”.
The problem with Mr. Nehra is he has TWICE failed the basic “Ponzi test”. Once with Ad Surf Daily, and again with Zeek Rewards. Neither of which claimed to be investment, and both of which actively avoid the word “investment”.
This may be his “third strike”.
So what with all this? Do you guys think people do not know what they are getting into? This is a bet… life is a bet. You may lose or you may win, I’m sure people know their risks, but either you try doing things and improve in life or you just sit there hating and trying to minimize and destroy what others do.
One thing is certain, no innocent citizens will be damaged by this in case it fails which I doubt, but people that have analized the risks and are willing to take them.
As I see things at this point, the comments of Oz and Chang and some other people since July of last year have been evolving from trying to inform and help others, to being obsessed with demonizing and destroying this company, and in my opinion that make you guys lose credibility in all of your reviews.
But on the other hand,I still believe that there’s things you can do to help, for example why don’t you give the names of a couple of good investment options according to your criteria. I’m sure that your expertise and common sense will guide many of us into the successful world of the MLM!
It is sad when a supposedly bright individual sets aside his moral compass for a few bucks. He apparently doesn’t mind being wrong as long as he’s paid.
Not even those who are being marketed TelexFree as a “guaranteed income”?
TelexFree affiliates aren’t marketing the opportunity as “TelexFree, guaranteed income*”
*guaranteed as long as new investors come on board
They’re just flat out guaranteeing a weekly ROI to anyone who signs up.
Part of realising what you’re “getting into” is research and information, which is all we provide here. You appear to be upset about that.
This isn’t the place to ask for investment advice.
Guaranteed income over 52 weeks and calling it MLM!
Sounds more like a Ponzi investment scheme with a product to hide the obvious Ponzi scheme.
Please don’t get me wrong, how could I be upset? I can understand that you are doing your job trying to help others to be as well informed as possible when taking a decision on what to do with their money, which is a very serious topic in these difficult times. Or maybe it is just a hobby for you, who knows.
Either way, it surely takes a lot of your time, efforts and resources and I really appreciate that. I’m not an expert in MLM or anything like that, and that’s how I stumbled upon this website when a friend of mine told me about this business opportunity couple of months ago and I started doing research.
I’ve been following you guys ever since because I found your original review very complete, objective and impartial, and you even raised some questions and points that needed further clarification in order to have a clearer picture about this company.
But I’ve also been following the official Telexfree facebook page as well as the Brazilian news, and some of the things that you find there don’t get mentioned here.
For example, did you guys know that the investigations about the activities of Telexfree in Brazil were initiated by the Customer Protetion agency without having any complaints from customers, which is required by law?
And all this apparently because some banks and other companies in direct competition with Telexfree are losing business.
Another example, Telexfree has its own official and authorized format for presentations on what they do, and how to properly attract potencial VoIP customers and even promoters, and clearly states that those who use unauthorized advertising due it in detriment of the company and may be subject to corrective actions and even termination of contract. It’s all there, it’s no secret.
And yet you see how reviews (see above) and negative comments are sometimes written based on this unauthorized advertising. I’ve even seen how in the past you have referred to it as “all this crap”.
It’s at this point when you say, wait a minute, am I still getting impartial information? I’m pretty sure that Telexfree, like any other “new” or even well established companies has room for improvement, but let’s be fair and also highlight the positive things (maybe I’m too naive and there’s none).
The “nobody complained” excuse is quite often trotted out. I find it hard to believe Ponzi schemes are uninvestigatable in Brazil if nobody complains.
This is why you don’t take what’s written on Ponzi scheme Facebook pages seriously…
Speaking of Facebook, I had a bunch of TelexFree affiliates sending me that Portguese court order last week claiming it vindicated TelexFree of all charges, they are totally legal in Brazil now, blah blah blah blah.
Some moron supposedly translated it and sent it to US affiliates.
What did it say? Refrain from making public statements until the investigation is complete or some such.
Another reason why you don’t use a Ponzi scheme’s Facebook page as a credible source.
The reason you won’t read about that here is because it’s typically referred to as marketing bullshit. The MLM industry is rife with it and I try to cut through it here.
Blah blah blah blah they’re still running a $189 investment scheme that pays out $20 a week.
What you’re referring to is called psuedo compliance, or alternatively as I referred to it in this article, *wink wink, nudge nudge* compliance.
What is the point of having an affiliate agreement if it’s not even remotely enforced?
You tell me.
Ah bugger it I’ll just answer it for you, it’s so that when the regulators come knocking you can pretend to look legit. Too bad it doesn’t work because it’s the business model they’re interested in.
Are you *sure* they know their risks, or are they too awed / cowed by their “friends” income to say anything?
That’s like saying “the victim begged to be cheated, they’re just so stupid, so it can’t be a crime to cheat them.” That’s bogus logic.
and this news was reported by who what’s his/her source? (Let me guess, TelexFree?)
Sorry, but blame some competitor for “conspiracy of smear campaign” is a common tactic for fradulent companies trying to defend themselves. In the US, when one major MLM company called Zeek a Ponzi scheme, everybody, including Zeek heads, pointed right back and said “competitor, smear campaign, don’t pay them no attention”.
Seen it all before. Need the source of the information, not random “I heard that…” So we can study the information outselves. You said you have seen reports, show us. There’s always Google Translate for webpages, and Youtube for video of news reports.
Yes can we get some sources of information (the TelexFree Facebook page is not a credible source)?
I have nothing against TelexFree affiliates sharing information but source it (the “it’s illegal to investigate a Ponzi scheme without complaints” for example).
Oh, and what happened to that somebody who claimed that a investigation into TelexFree has been killed?
See what I mean? Anybody can say anything. No proof = bull****
Actualy, this may be a repeat of the “rumor news” reported back in March, about “other people smearing us”
What I’ve learned? That if Gerry Nehra says that it isn’t a scam, then it’s definitely a scam. How anybody could believe one thing that guy says is a mystery to me.
Now, now, if he cares to explain WHY he doesn’t think it’s a Ponzi, and show us some numbers, then sure, we may believe it some more.
But if he’s merely trotting out his reputation, “I’m a bigshot lawyer, believe what I say” then that won’t work because this bigshot lawyer screwed up TWICE already.
No need to stereotype him. That’s what gullible people do… form a preconception that may or may not be correct. Be skeptical instead.
Telefree is scam! I waiting for 1 month still didn’t received my second password. While ticket support close my ticket shown problem solved already. SCAM ! SCAM ! SCAM! Telexfree~
TelexFree is a Ponzi scheme scam because of their AdCentral investment business model, not because they didn’t send you a password.
Not supporting their affiliates just makes them guilty of having crappy affiliate support, nothing more.
So Oz, what online programs do you recommend. I am interested in earning an honest income online.
I don’t make recommendations, your due diligence is up to you.
Hi from Italy Oz,
I have been asked to join the Telexfree “business” and looking for more info about it I have found your interesting blog. About complaints from customers please have a look to this link – reclameaqui.com.br/indices/45519/telexfree/.
It clearly shows that complaints were a lot from January to March 2013. While the situation seems getting better, the reputation for this company is still “Nao recomendado”
Thanks for what you are doing here, I have really appreciated it!
Absence of complaints doesn’t really mean much. It could be that people have given up on it, or it could be that problems are being resolved.
Thank you Oz for your phenomenal coverage of Telexfree. I was considering joining but after reading your reviews and many comments, I’ve come to realize that this is of course another Ponzi, just like Zeek Rewards was.
Thanks for saving me from another disappointment.
you are one that is influenced by losers. I have three weeks in telexfree and super-ultra mega hyper’m happy with the money I earn weekly.
who are afraid of losing not deserve to win!
Have fun losing.
Mario (Ozedit: the guy in the video posted in comment #279) said people knew what they were going into and were just betting, kowing all the risks.
I am Brazilian and I can garantee you it is not true. An impressive number of people made too many stupid things because of Telexfree. Like quiting their jobs, taking huge loans to invest and buying things they will not afford if their Telexfree income is canceled, what is happening right now.
I don’t think people are so brave to the point of beting so high in a Ponzi scheme. The fact is that they were betting, but thinking it was about the same risk of betting in a normal company, like in the stock market. And when we discuss with these people, we can easily realize they do believe in the continuity of Telexfree, and just can’t see it as the obvious scheme it is.
When I said the firm would collapse soon, they mocked me, calling me “prophet” and “seer”. People even use T-shirts written “I am 100% Telexfree”, they really believe in all this nonsense.
I beg to differ with your article; TelexFREE is a sweet business with a set income. You choosen to prove your ignorance by taking one word out of context as most people do who have nothing but time on their hands.
My reply to you is get a life and leave ours alone. We are doing just fine in our #1 Work at home opportunity.
You’re welcome to differ, although you’ll find our definitions are not all that different.
You see Ponzi schemes as a “sweet business” and set income = fixed weekly ROI, paid out of newly invested affiliate money.
Are you the Leslie in the article?
If you’re not, it will be impossible for anyone to understand your problem without any further explanation for what that is about.
If you are, you should probably try to identify the problem correctly.
I love money and I know its not easy to get hence I take a lot of caution. I have been a member of Telexfree for 2 months now and I get what I signed for.
OZ and the rest of the people who are discouraging people from making their own choice to join TelexFree please do me a favor.
Please give me 5 Investment companies that I can join that will guarantee me of ROI and no one has ever talked bad about. Please just 5 and I will thank you forever because am ready to invest…..
That TelexFree is a Ponzi and if you sign up for it they will deliver Ponzi ROIs will get no argument from me.
This is not the place for investment advice.
Hei, I am from Indonesia.
This telexfree is just going to be “boom” soon in this country. Well, my friends suggested me to join this investment but I resisted and checked its website first till I found your article.
It’s sad that many of us can’t read English so we do not know what is happening. But thanks, I’ll try to inform one who can/want to be saved. :p
You will find 30-40 other articles here about TelexFree …
* scroll to the top of this page
* click on “TelexFree”, under the headline of the article
* that will bring up a list of articles, “newest first”
We have mostly focused on the situation in Brazil, where TelexFree was shut down in June 2013. The case is still on going in court, it hasn’t been completely shut down yet.
The newest articles are more focused on the situation in the USA, where TelexFree International is located. TelexFree is most likely under investigation in the USA, it has been confirmed by one government spokesman in Massachusetts.
The investigation in the USA was first mentioned by the Public Prosecutor in Brazil (in January), but she couldn’t tell much about it. It has finally been confirmed by some officials in the USA a couple of days ago, but he couldn’t tell anything about it either.
That was a quick overview = WHERE, WHAT and HOW to find information, plus identifying the status of the case in Brazil and the USA.
Some people don’t WANT to be “saved”, they will accuse you of being a “dream stealer” if you try to save them.
The best idea is to offer relatively neutral and factual information, and let people decide for themselves which parts of it they can be interested in.
The ones SEARCHING for information on the internet will generally prefer factual information like the one I offered, the quick overview. Some of them may ask some questions, but they will usually do most of the work themselves.
The most typical question has been about predictions for how long we expect TelexFree to last, a question we can’t give any good answers to, but personally I expect it to be shut down within a few weeks or months = between now and July 2014.
We only have rather vague information about the situation in USA, so we can’t make any good predictions. If TelexFree USA is shut down, the rest of the world will most likely be shut down too.
Just like TVI Express in 2012. I have tried to warn many. I still have a Kaskus forum account. But I only post in English. People understand.
Get BKPM and local TV station, and even the Islamic councils to declare it illegal. It is all you can do. I doubt TelexFree will go as far as TVI Express to establish local branch, so you still have a chance to kill it before it takes root.
No, they know people like you goading them on.
And now you think they understand they know you are a liar and they should not have taken you seriously.
So sad, your mind. Making such sad excuses.
Who’s not afraid of jumping without a parachute does not deserve to live.
We are ENCOURAGING people from making their own choice to join or not join TelexFree… with REAL and PROVEN information, not marketing speech.
What are you trying to do, besides denials?
The new changes to the compensation plan will save the rest of the people. I don’t believe anyone will be eager to join TelexFree now.
That is one of the dumbest statements I’ve ever read.
I just wasted 10 minutes of my life reading this page and surprisingly did not read enough information on Telex’s VoIP service. I saw a mention of “yeah they just hide it with a product, but it’s a ponzi”.
So if you have a product that works, and people are buying it, and you involve multilevel direct marketing it is not a ponzi right?
Here is another question, if the product actually works and the company guarantees it’s members if they pay a promoter (membership) fee they will not use any other form of marketing besides multilevel… And the product can sell for a long (or short) time similar to Herbalife, Amway, Monavie… why are you people hell bent on stopping others from earning extra income?
Who would be afraid of middle class, and in some cases lower class people earning extra money besides the United States Government??
(Ozedit: offtopic derail attempt removed)
I question why if Telex has a working VoIP product that they encourage their promoters to “invest” in and in many cases require the promoter to purchase every month, why are you blowing the whistle K. Chang?
The promoter that recruited me is a good friend and business partner of mine from the Dominican Republic. He initially just called to tell me buy a $50 plan so I can call Dom. Rep unlimited for the month since I spend $3 – $5 a day, 7 days a week… so you do the math…
I want even tell you what I pay for my $50 plan now that I am a promoter… so you all talking ponzi scam and I’m laughing… I’m in my 30s and been doing MLMs since I was 17… started with $3,000 that I lost in Herbalife my 1st year… and now they sponsor my favorite Soccer team,… give me a break K. Chang.
“Buying” VOIP doesn’t pay out $20 ROI. Investing $289 with TelexFree does though.
You can crap on about the “product” all you want. It’s AdCentral positions that keep TelexFree going.
Because newly invested money is used to pay off existing members. New members then hope to receive a >100% ROI from money invested by members who join after them. It’s a never-ending unsustainable cycle.
And you can’t or refuse to see TelexFree for what it is. That’s rather sad.
Like everything else around you besides nature you fool… Your entire MONETARY SOCIETY never-ending unsustainable cycle… dude read a BOOK! called Blood, Money, and Greed by Cliff Ford… because your ignorance is comical.
But AGAIN why are you so HELL-BENT on stopping people from taking a risk to make money. They do have to file 1099 and pay taxes on it Mr. Sam…. so is it because they are not using the Stock Market? And while you are at it can you please defend the War on Terror???… this is great stuff for my new slaves blog.
And further more you are paid by Telexfree to promote daily online advertisements for customers to buy VoIP… It is called indirect commissions so as long as advertisements are being posted on the internet and the promoter continues to buy his monthly VoIP service… who is going to be harmed by this system?(I actually want a real answer this time!) The VoIP service is REAL like the Herbalife shakes… I’m just waiting for one of you idiots to dispute that.
SAD is a child that doesn’t realize that they’re now an adult and most of the fairy tales they were spoon fed to them were all forms of mind control!
So school yourself on emotions Mr. Sam… I know exactly who you are… and we are not afraid to challenge you!
What “everything else” is, is irrelevant and in no way justifies TelexFree being a Ponzi scheme.
Because it’s not a “risk”. You want risk? Go to a casino. Ponzi schemes only make those who “get in early” richer.
Spamming the internet brings in $0 revenue. Revenue paid out as commissions in TelexFree only comes from new affiliate investment.
They pay you to invest in AdCentrals, nothing more.
Does that approach ever work when you try to convince people your scams are legit?
Then clearly you have no sense of humor, as I was trying to make fun of the other guy’s nonsensical logic. Of course it’s not supposed to make sense. Hahaha.
Wrong. What determines whether the scheme’s legal or not is are they breaking any laws, and there are laws that defines what’s a pyramid scheme and what’s an illegal investment. TelexFree fits both definitions. Whether they have products for sales and are those real is irrelevant.
People are not buying TelexFree products because they like TelexFree products. People are buying TelexFree products because they can then encourage other people to join and get paid big bucks. That’s called pyramid scheme.
As for AdCentral, that’s a Ponzi scheme. You’re trying to play “has to be one or the other” when it can clearly be both.
We’are against people joining illegal schemes. You haven’t proven that TelexFree’s not an illegal scheme, so why don’t you do that first?
Your logic is a total fail. Middle class is the best tax source. Of COURSE US government wants the middle class to succeed. You are starting to sound like those “sovreign” kooks who refused to carry a driver’s license.
I have no problem with you questioning TelexFree or us, but at least raise some RELEVANT factually-based points rather than random rants.
Participating in a scam is not “risk”. It’s downright illegal, not to mention STUPID, esp. when you don’t even know all the facts. You’re starting to sound like you read too much Kiyosaki’s “Conspiracy of the Rich”.