UniVideo2U Review – Indian scammers rip off Varolo
One would think when deciding whether or not to join a company, specifically if said company is a business opportunity, that those considering would be out there digesting every last bit of information they can find.
That way when the time comes they know that they’re making as informed decision as possible.
Yet it still amazes me at the amount of people who join MLM opportunities without appearing to put even the slightest hint of research into their decision.
Especially when the company in question is so blatantly fraudulent.
Read on for a full review of the UniVideo2U MLM opportunity.
The Company
The UniVideo2U website does not state who is running or owns the company.
The domain registrations lists a Malaysian address:
1 Sentral Level 16,
Jalan Stesen Sentral 5,
KL Sentral, Kuala Lumpur
Malaysia,50470
With this appearing to back UniVideo2U’s claim that it ‘is a Malaysia based company‘.
The UniVideo2U Product Line
UniVideo2U has no retailable product or services. Instead, it is the UniVideo2U opportunity itself that members market in an attempt to recruit new members to the scheme.
The UniVideo2U Compensation Plan
The UniVideo2U compensation plan claims to reward members for watching advertisements and recruiting new members.
Paid out in “reward points” (RP), with 1 RP equalling $1 USD, members can a maximum of 10 RP every 10 days by watching ads on the company website.
These ads are streamed via the company website through what UniVideo2U call an “AdStation”.
In addition UniVideo2U members are also paid a commissions for recruitment of new members.
Each new personally recruited UniVideo2U member earns the recruiter 10RP in commissions.
A binary compensation structure is also used. With one person at the top, two legs branch out on either side forming two teams. From these two legs another two legs branch out and so on and so forth.
The first few levels of a binary structure look something like this:
Tallied up each day, UniVideo2U pay out 10 RP per each new pair the system finds.
Note that in order to participate in the binary recruitment commissions, members must they themselves recruit at least two new UniVideo2U members.
Joining UniVideo2U
Membership to UniVideo2U is $10, with each AdStation costing $100.
Members are able to purchase up to 10 AdStations each.
Conclusion
Common to most ‘watch ads and get paid’ MLM opportunities is the fact that 100% of the revenue is generated by membership fees.
Typically, any advertisements shown to members are not sourced from advertisers but rather are just pulled from YouTube in an attempt to make what is essentially a Ponzi scheme look legitimate.
A Ponzi scheme is where member’s invest money (the purchase of an AdStation) and earn a return on their investment over a set period of time ($30 a month for 12 months).
100% of the money paid out as a return is generated via new investments, which in UniVideo2U’s case would be the purchase of new AdStations.
With members only able to watch one advertisement at a time, it makes absolutely no sense to allow members to purchase multiple AdStations, ten no less, other than to encourage members to invest $1000 (10 stations) into the scheme rather than a mere $100 (1 station).
The example advertisement that UniVideo2U use on their website to demonstrate an AdStation is that of US based company Dury’s. This ad aired in mid 2011 with Dury’s being a US based camera store.
Not surprisingly, the same ad is readily available on YouTube (as I imagine all of the ads UniVideo2U are showing their members are).
The probability of UniVideo2U being a Ponzi scheme only increases when you consider that the only way to join UniVideo2U is to deposit your membership fee into ‘any of the franchisee account‘. Upon showing a scanned copy of your receipt to UniVideo2U, the company then will create an account for you.
All of the franchisees listed on the UniVideo2U website are based in India and the company appears to only have business operations in India itself.
Why on Earth would Dury’s, a Tennessee based camera store in the US be interested in advertising to members belonging to an allegedly Malaysian based company with 100% of its business operations in India?
Answer: They wouldn’t and UniVideo2U just pulled some random video from YouTube to show its members.
Like the AdMatrix, which claimed to be headquartered in Holland but was run by Indian management as part of Seven Rings International, UniVideo2U most likely has a virtual office in Malaysia but is infact run by Indians from within India.
It’s worth noting that the AdMatrix had a near identical YouTube advertisement business model to the one UniVideo2U uses. The AdMatrix collapsed within a year after management pulled the plug and disappeared.
And the AdMatrix isn’t the only company UniVideo2U shares similarities with.
If you look at the UniVideo2U website, an interesting line of code appears towards the bottom in the footer code:
a href=”http://www.varolo.com/contact.php”
Varolo, hmm wonder what that is?
A quick visit to the website reveals that Varolo is a Utah based company.
Here’s what UniVideo2U’s website looks like:
and here’s Varolo:
As you can see, the design is identical.
Varolo’s business model however, is not.
The key difference between Varolo and UniVideo2U is that Varolo is free to join and participate. Furthermore the commissions paid out by Varolo are in cents, as opposed to UniVideo2U’s dollars.
With no membership fees it appears Varolo truly do have to generate revenue by attracting advertisers.
UniVideo2U on the other hand appear to have completely ripped off the Varolo website design (along with the copy that appears on the site and slapped a Ponzi scheme business model to it.
No advertiser clients, membership fees the only source of revenue, recruitment commissions and a website that is a blatant ripoff of another company?
Run away from this scam as fast as you can.
univideo2u is a Malaysia based so called MLM Online Add Watch Fraud Company. Company CEO is a Malyasian Mr. Steve Charles.
Company is preparing to cheat Indian people hard earned money in the name of Online Survey after Gold Investment. Company has strong business link with Malaysia based fraud company unipay2u.com, visarev.com, varginvideoadds.com who looted Indian people of more than Rs.5000 Crores.
Friends be aware of UNIVIDEO2U.
Anyone have more information about this company please circulate and save our hard money. Please join any MLM company after verification of all details.
Do not be convinced by company’s ROC Certificate or MCA Registration or ISO Certificates. Many company have fled after having these certificates. So please please be careful.
You are absolutely right! MLM IND……
“Univideo2u” is a Malaysian based MLM company & whoever is the owner but concept titled name is similar like “Unipay2u” An Malaysian based Unigroup: Unipay2U, Visarev (Unigateway2U, Unigold2U) – Scam of Rs. 35,000 Crores approximately, might be even more than that……
So, surprise to see after a few years back another concept is implemented in the name “Univedio2u”.
The owner of ‘univedio2u’ Mr. Steve Charles might be the same as owner of ‘unipay2u’: Mr. James (virtual Name of Mr. James: Mugunthan Gnanam / Gangam) a Malaysian resident after looted crores from Indians now absconded.
I will advice to all please verify all details of company named ‘univedio2u’.
unigateway2u.com
Same type of scam that promise lots of money
Perhaps we can just surmise that any MLM company using the name template uniXXX2U is a recruitment scam most likely run by the same people?
unihost2u.com and a totally incomplete site
You can find name of the person running the scam HERE on a TOI article
They have already tested the Indian market by selling virtual gold via showing 20% fixed returns up to 12 month on ‘Unipay2u’ concept & easily robed crores money from Indian in the year of 2009.
Perhaps, same owner have made arrangement to loot once again by viewing video Ads in the name of “Univideo2u”. I’m much suspicious on this titled & theory!
Using Consumer Protection authorities might be a faster way to interfere with pyramids / Ponzis than police and similar authorities.
It depends on how organized these authorities are, but Marketing Act and Consumer Protection Act will usually have much simpler rules.
I tested the Consumer Ombudsman in Norway in 2009. They used less than 3 weeks before they published a warning, while the Gaming Board used more than 3 months.
One problem with my test was that I used the expression ‘pyramid scheme’, a definition that is outside the jurisdiction of the Consumer Ombudsman (so they only published a warning, but didn’t do anything else).
I’m not familiar with the Indian authorities or laws, but using Marketing Act or E-Commerce Act can be an effective and FAST method to stop marketing of a scheme, if someone is able to identify the right authority (authorities)?
Another thing, Consumer Protection authorities will usually have better international connections, with similar authorities in other countries.
A ‘flexible mindset’ can often be more useful than being fixed to a limited set of ideas. ‘Misleading marketing’ can be a more useful definition than ‘pyramid scheme’.
“Steve Charles” is a Malaysian name? Yeah, right. 🙂 Reads like a spam name to me.
>> Friends….
All companies comes with the name of Uni***2U is owned by underworld International Criminal / No. 1 Fraud named “Mugu” (Mugunthan Gangam), a Malay tamilian (his ancestors or parents were from Kumabakonam, a town in Tamil Nadu) with fake name of “James” who is residing in Malaysia.
Mugu is surrounded by 2-4 Gundas (as body-guards) all the time, with good political influence and also a partner of Malaysian Law Minister in a fraud business & also he is having a big track record of doing forgery and fraud by running and closing several companies in India, Malaysia, Philippines & Indonesia.
He has looted a huge fund of around 35,000 Cr from India & Bangladesh alone through running several big scams, most of the company names will be starting & ending as Uni***2U (because of the luck he’s not removing/changing the name).
He has run Unipay2U for nearly more than two years which is actually so long time to take away a huge fund from high number of innocent investors. Many tried to give complaints in police station but later on came to know that he has bribed heavy funds to both ruling & opposition political parties and simultaneously in state & central level.
None of the complaints has been entertained anywhere in India because of his influence. Even he was running a Film Production Unit in the name of Unipay2U Productions Pvt. Ltd., in Chennai, Tamil Nadu. He has produced 2-3 Tamil movies and known to be very close with many Tamil film actresses and use to spent a lot of money by giving to cine actresses.
Still, he was enjoying his life with 3-7 high class cars, costlier mobiles in the world, big houses, sleeping with different girls daily, running a bar and hotel with daily cabaret dance organized and the name of the hotel is “Gurubhai”. He seems to be having all bad habits in the world like drugs, girls, drinks, etc., etc. this is the lifestyle of a person who has looted, cheated and sucked blood of innocent people.
Many people (those who have invested and become scape-goats) have destroyed their life because of putting their hardly earned money in these kind of scams only in the intention of making huge money in order to come out of their personal problems and debts. But, later on they were trapped in very difficult / worst situation and destroy their life.
I have seen many families and many of my friends who have taken that worst path in life because of the greed even though they have no money with them but use to get loan or other form of money as credit from persons or banks or selling their land or by keeping / selling the jewels in the shops.
Many things has happened like this in many families in all parts of India. The responsible person always lives a luxurious life, enjoying with the huge money collected from innocent people.
Oh God, save these innocent people from this kind of worst creatures!
I can strongly tell the main reason for these kind of scams are non other than political giants and govt. authorities of our country (full of corruption). Bribe is mandatory here and more bribe means no cases against that company.
The funny part is even if a company comes into the market and do genuine business also facing the harassment from these so called govt. officials and authorities for heavy bribe. All MLM companies whichever have cheated and ran away with public money in India has got registered in Ministry Of Corporate Affairs (MCA), Register Of Companies (ROC) has got PAN Card, holds Bank accounts in different banks (including leading nationalized & private banks), many of them have paid tax to the govt. and also showing TDS certificate in its website, some of them has ISO certificate.
Everything is money in India and No. 1 criminals were non other than Govt. officials, political Gundas who shows man power, money power, etc.
If anyone goes out and give complaint they will put a false case against that person & send to jail. This is India….!
Of course, website like yours will be helpful for creating awareness among public by telling about the company in right way without any mis-use..!
check this company link as they occupy the whole of the 16th Floor. They are an international business office provider. according to them no co by name of univideo2u is operating from their premise.
http://www.regus.com.my/locations/business-centre/kuala-lumpur-kl-sentral