Kingdom777 not a Ponzi, just “misused words”
Despite claiming that new “rules and regulations” governing Kingdom777 compliance and an “approved code of ethics” would be published on January 31st, the deadline came and went without anything surfacing.
A bit late, owner Ming Xu now appears to have delivered… but it’s probably not what you were expecting. Or given the nature of Kingdom777, maybe it was.
After previously blaming affiliate investors for turning his Ponzi scheme into a… well, Ponzi scheme, Xu released some guidelines for his investors to follow.
Citing “frequently misused words”, the directive instructs affiliates with the correct terminology Xu wishes them to use when describing or talking about Kingdom777.
“Investments” in Kingdom777 are to be referred to as purchases – despite the fact that Kingdom777 guarantees a weekly ROI on all “purchases” made within the company.
Investors who make aforementioned investments are to as members. They still obviously invest, but apparently calling them “members” doesn’t look as dodgy (provided nobody looks into your business any further than the terminology you use to describe it).
A “dividend” is now a “bonus”… cuz well, a bonus could be anything… including an investment “return”, which is now also just a “bonus”.
The Kingdom Trade Exchange is now simply “Kingdom Trade”. Sure, run a virtual stock market exchange you claim is going to be “registered with the SEC” and permits affiliates to engage in “points trading”, just don’t call it an exchange.
Kingdom Trade, wanna buy a lamp? Or maybe some soap… nothing suss here – all we do is trade.
And my personal favourite, an “original bond” is now
objects that can exchange to registered stock after company bonds registered stock after company bonds.
Riiiiiiiight. Whatever that means…
Accompanying Xu’s “we are not a Ponzi scheme if we just use different words” announcement, is mention of Kindom777’s Kingdom Trade stock exchange:
All company bonuses are points, once transferred to kingdom trade, they will become 777 points.
Whereas previously Kingdom777’s model went like this:
Kingdom777 affiliate makes new investment –> Praise be to Jesus –> Xu uses new funds to pay out existing investors –> New affiliate makes investment –> Magic wand waving –> Xu uses new funds to pay out existing investors –> wash, rinse with holy water and repeat.
Now it appears to go something like this:
Kingdom777 affiliate makes new investment –> somethingsomething religious Twitter spam somethingsomething –> New affiliate investment converted into 777 points –> somethingsomething Jesus sword somethingsomething –> Xu uses new funds to pay out existing investors –> wash, rinse with holy water and repeat.
See? Xu’s new business model is totally different.
“Members” make “purchases” into Kingdom777’s “Kingdom Trade” platform, with Xu using funds from new “purchases” to issue “objects that can exchange to registered stock after company bonds registered stock after company bonds” “bonuses” to existing “members”, based on how much “purchases” they have previously “purchased”.
As such Kingdom777 is obviously no longer a Ponzi scheme.
Party at Ming Xu’s house to celebrate! Address: City on a hill, RSVP at your nearest church.
SEC not welcome.
The incredible absurdity of this one though is what make’s it all so entertaining. Unfortunately, There will be a lot of Navin R. Johnson’s made from this scheme.
Oz, you forgot to mention they have a product now – the PhoneBlet (While supplies last). Houston! We Have A Product! We are NOT a Ponzi Scheme! Look Away! Nothing to see here…
And, it’s dang nice for the company to reserve the right to incur penalties =) I wonder what other penalties the company will soon incur..
The people should say thanks to you as you had given a factual description over here, and the way Kingdon777 came up i should appreciate they just changed the meaning of MLM. thanks
They’re just restarting their Vantone scam that got busted in China. Put in money, get “bonds”, with promise that if IPO goes through those bonds can be swapped for stock. It’s the EXACT SAME TRICK pulled by Vantone (US head is none other than Zhi Liu) and Interush (busted last year in Hong Kong).
Open your heart to receive the message,
your wallet to share the blessings.
Open your eyes and see the light.
Close your mouth tightly
pinch your nose lightly
until you pass out
-From the teachings of Ming-
hoss, isn’t that the guy that made all of those vases????
Ah so, say number one son.
Thanks for posting that video. There’s a reason Kindom Trade makes no sense. I’ve identified the Ponzi element visually below:
It’s the same problem with WCM777 (a foundation of Ponzi investment), except now instead of an affiliate’s bank account after the “US dollar magically turning into lots of dollars” step, Xu has added all that other BS.
Dominican Republic is a paradaise for this ponzi’s. now there is most of 200,000 people involved in Wenyard and Telexfree.
Just bought ten units and 4 amazing friends are Purchasing (7) units each tomorrow can’t wait this Is the best company ever.
Look I know I’m in the belly of the beast methophorically Speaking (Behind mlm). Don’t let ignorance fool you on Not being prosperous. I never hear any information on Fiat money
On this sight. Which is a true Ponzi scheme just think about for a second.
If you want more detail on how this is more of a plat form not pipe line then (Ozedit: recruitment spam removed). Btw those 4 guys were bashing 777 on here. Now they understand & are ready to be apart of something big.
When “Fiat” launch an MLM business opportunity, let me know.
Till then, whatever excuses help you sleep at night chief…
Wait for what? By the looks of it you just bought ringside tickets to a ponzi beatdown and paid full price. Are you a masochist? Do you have a death wish?
Two months from now you will be kicking your own ass for being so foolish and your four amazing friends will be helping you.
Me or mrs oz ignorance is bliss. Oz your absolutely right. Not that I agree with you but I do believe you believe you are right . So you right.
Just remember your words ( it looks like) and as we all know looks can be deceiving. So you keep looking while I keep earning 😉
Glad I don’t have any amazing friends like you.
Since you are obviously an authority on this, What exactly does the “company” do to generate the funds which make your “profit”?
I seriously doubt you have “converted” anyone here. Most of us are pretty well set in our ways.
Kingdom777’s business model is not a secret. There’s no “believing” or “looks can be deceiving”, it’s a straight-up Ponzi scheme.
Fuck me, the shit Ponzi pimps force themselves to swallow…
Only if you ASSUME that everything they promised will come true.
Given the amount of lies they’ve told, and the stuff they haven’t told you… You’re either trolling us, or you are deluding yourself with “willful blindness”.
As you are now at the “true believer” stage, there’s really no point in explaining things to you. You won’t listen, or bother to look up facts on your own.
You will just have to crash into a wall to believe it’s there. Let’s hope you survive the experience.
I think you mean “fiat currency”, and that has nothing to do with MLM, which is why Oz don’t discuss them here.
Hey Red shield: Screw you MF’r…you’re f-ing over your friends; is that OK in your “Red” culture? What a complete idiot you are you jackass. I hope they bust your face knowing you knew this was a scam and got them into it anyway because they trusted you.
Only in the Matrix, where you can’t tell what’s real.
So, did you just admit you’re ignorant?
My dear sir, please do explain why would Fiat be considered “a true Ponzi scheme”? I see nothing on their website nor on any other official communication channel with the company that they are a MLM company? Or that they are launching a MLM “opportunity”?
And a new collection of video’s with PMX giving instructions and explanations comes around..
@ DFN any paprer currency thats not backed by anything but store value is considered a ponzi, even ponzi knew this.
@ LB you Said it you are set in your ways thats why obviously you have to ask me what am i doing to exactly generate income, yeah like i would tell you, unless you want to join the oppurtunity.i would think you would know the answer to your on question unless your blogging blind.
@ Hoss i heard 2months go 8months ago
@ Put him in jail lets be professional here. theres other ways to make your point, your ranting just makes me want to shut your mouth by sharing the oppurtunity even more, instead of waking up at 7am im setting my alarm clock for 5Am So thanks for the insperation.
@ k chang Explain a Ponzi Scheme and i will show you how its not
@ OZ i truly believe you are apart of 777 i have a slight hinch you just dont want anybody to be prosperous i really have a gut feeling you are apart of the vision, just be honest and admit and close this blog.
Guys just remember its your ignorance thats digging your graves. I bet im the only one writing with a smile, to be honest this might be my last blog assuming if a Ponzi is explained. so i can share how its not.
i would like to hear from each one of your versions how a ponzi is ran. not a pyramid shceme but a ponzi scheme theres a slight difference so let me here it. Thanks Red Shield on to more units.
Affiliate money goes in, Xu uses it to pay off existing investors. Throw in a layer of smoke and mirrors Kingdom point and cloud BS and bing badda boom.
And anyways we don’t need you to show us anything, California and Massachusetts already confirmed the analysis here. What was it, 90 plus something percent of funds were from affiliates and simply being recycled? Nobody but affiliates were buying into the scheme at the top levels (surprise surprise).
Big fat fail. But please, continue to argue WCM777/Kingdom777 aren’t Ponzi schemes after the fact.
Yeah, no worries champ. Round and round the Ponzi fiction goes…
You have repeatedly been shown, both in comments here and through official documents from multiple states and countries that your opportunity is not a legal venture. You have also been given the keys to get the relevant information that shows your dear leaders do not possess the credentials and skills they claim to have.
These schemes play games with people’s minds and pray on under educated and greedy populations of modern society (I.E. people who don’t know the actual definition of a fiat currency)
You know it’s not legitimate, otherwise you would have given the information up front of how WCM/Kingdom777 are not, by design, doomed to failure with a few “leaders” walking away wwith a bunch of the cash belonging to their investors.
No amount of posting for you on how this scam falls into the classification of a ponzi/pyramid hybrid system will satisfy your simpleton mind. If it could, you would have posted the obvious and overwhelming information you claim to possess which proves us all wrong.
I will now wait for the coming “Our products are cloud services and our phone/tablet” explanation along with any other sad excuse you can find to allow yourself to believe in Phil Ming Xu and the rest of the recycled Vantone scam players.
(And I am smiling because you are helping us reach the people who are smart enough to know something here isn’t quite right. And I still consider you to be a Douche)
Multiple countries have already declared WCM777 to be a ponzi scheme (some used pyramid scheme instead). What you “show” is irrelevant, except in your private “Matrix”. How’s that “juicy steak” tasting?
ive read all those postings and information far before i found this site. so its not new news to me. and i leave with this since i cant get my answer, some people focus on the hole in the donut but dont focus on the donut. thats why you find that somthing here is not quite right. change your focus.
Mark my words you will eat your words, and when its all said and done your going to wish you listened to someone that is brainless aka douche. this is My last post on this site. to much pms here for me. I’m going off to read some napolean hill think and grow rich with 777.
Thanks guys its been a pleasure. God Bless and wish you the best. Red Shield over and out.
The cease and desist order from the Commissioner of Business Oversight for the state of California says:
May I ask that you comment on the bold part, please. As an investor (or should I say member?) of Kingdom777 that seem to be so knowledgeable of how the system works, you should be able to comment on this. Please comment on the integrity of the Kingdom777 leader’s character as well as it seems quite shady given the research BehindMLM has performed.
Like I always say… “It is easier to fool others than to convince them that they have been fooled”.
This is not a personal attack. None of the BehindMLM bloggers or readers are trying to ridicule you. Our intention is to give you enough information so that you realize that Kingdom777 is not what they say they are.
Jesus Christ. What a brick wall of stupid.
(no pun intended)
I hope he does go balls deep and learns something. It’s just sad he will have to waste money in the process. Maybe he will learn to look at the whole donut and realize it’s hollow in the middle.
And you are right. These are not personal attacks, he’s perpetuating the scam, which means in my part of the world, he is acting in like a Douche.
I think what you’ll find is he’d already invested long before he came here. The crap about converting readers (because that’s how WordPress works :rolleyes:), the carrying on like a trollop but failing to address anything, molding me into a narrative he’s comfortable with – oh and don’t forget the classic “this is my last comment” storming off… these are typically Ponzi pimps trying to reassure themselves nothing’s amiss.
At least that’s what I get from his tone and the complete failure to address anything put to him. Sadly it’s a recurring pattern I’ve become familiar with in BehindMLM’s comments.
Nice bromide. The $850 million (at least) Zeek Rewards Ponzi schemes used bromides such as this to keep the troops plowing money into an obvious fraud scheme. One of the most tired was, “If you want things in your life to change, you have to change things in your life.”
Will WCM777 recruits change their toilet-paper dispensing habits if Ming Xu so instructs?
AdSurfDaily, a $120 million Ponzi scheme, used to trot out Napolean Hill’s name, too. ASD’s operator is in federal prison for his Ponzi scheme.
Oz will not be eating his words. But I do agree it’s not all “said and done.”
Ming Xu still has an excellent chance of talking himself and some of his willfully blind hangers-on into the jailhouse and/or getting sued back to the Stone Age by various governments and well-known businesses.
If it goes like the rest of the Ponzi schemes, the defendants he creates will have to pay their own legal bills and perhaps hope to make arrangements with the bail/bondsman.
Did you follow the Profitable Sunrise case at all? Each of the defendants/respondents “Roman Novak” created are paying their own legal bills — and “Roman Novak” is nowhere to be found.
Like WCM777 and TelexFree, Profitable Sunrise saw fit to work the Christ the Redeemer statue into its fraud scheme.
Red Shield wrote,
Are you saying I will wish I listened to someone that is brainless aka douche…meaning YOU? I’ll wish I listed to you, a brainless aka douche?
People who engage in criminal activity and knowingly screw over others deserve personal attacks. I hope you get what you deserve…”friends” aka people you screw over hating you for this, fines and clawbacks from the government, and perhaps jail. That would be the definition of a “brainless aka douche”. You called it.
Pigeon chess, man. Pigeon chess.
Kingdom777/WCM777 swipe another page from the Telexfree play book. Images of next big project – The Millennium city..
Alright I’m just going to come out and say it: What… the fuck?
Xu thinks he’s actually going to build a city with his Ponzi funds? Alright we’ve officially gone ‘beyond drugs’ now…
HOW DO YOU RUN AROUND THE COUNTRY SHOWING PEOPLE THIS WITH A STRAIGHT FACE?!
@Oz – I was thinking the same thing. I also received this text in an email..
This was apparently the text that was with the images released through a team leader. I also received a screen shot with another team leader saying he was shown the images at a face to face meeting with Ming Xu who had them in a folder and was selling them as the renderings for the project.
Oh, and the property photo he is showing is actually really a property in Santa Barbara County, CA.
Ralph Liu is the listing agent for two 200 acre parcels.
link to listing:
Exactly what I said… Vantone redux. Now where’s the authorities to shut them down as securities violation?
Some interesting twists and turns came up in this one tonight but I don’t want to pass too much around in public until I can get a little more verification, etc taken care of. Would really like to get in touch with you to see if you can make heads/tails of some documentation I’ve been forwarded or dig up any additional information.
All I can say is they appeared to learn from their Vantone experience and appear to be doing a good job of playing hide the salami in California unless someone in the state starts doing a really good and thorough job.
My contact info is on my blog’s “about” page.
California is actually quite good in tracking down scams. Remember, California is the one that dealt the fatal blow to YTBI, though it did manage to linger on for a few years.
@K. Chang –
I will get information to you shortly – been working on verification of a little more of the stuff that was dropped on me. Want to make sure I don’t waste anyone’s time other than my own.
@Red Shield – Because I know you are still reading, I hope you enjoyed the project renderings from Phil, along with their actual origin.
Hi Phil, Where’s Tiger?? 😉
And another update for today as they are shuffling sites from one provider to another and moving their Customer Service Department (Their lease was up).
I also wonder if the California A.B.C. would like to know more about this scam.. Alcohol Beverage Control is responsible to make sure people who hold alcohol sales license show good judgement and moral responsibility. Kingdom Capital Market LLC is working on getting their license for the restaurant.
more fun to come as I find it.. Hi Phil!
Name changing again? A popular team leader is now advising the name is changing to Global Unity. Nothing I have been able to find out about this switch as of yet, other than to facilitate the change to the new company, all members who were in “locked” jurisdictions who could not access their accounts will be unlocked so they can transfer their points into the new system.
I’m not sure if they are aligning with Global Unity Ministries or if they are starting up another shell corporation. Whatever the case, I’m sure they are not making the regulating bodies very happy with the maneuvers.
Excellent investigative reporting on Wcm, kingdom777 !!!
Take a look at BLGM aka Better living global marketing
Already covered here: https://behindmlm.com/companies/better-living-global-marketing-bid-inflation-woes/ and here: https://behindmlm.com/companies/better-living-global-marketing-review-99-day-rois/
I think one active company at a time is about the best I can do to keep up (Still have to do the day job). WCM has been very interesting for me and I enjoy staying on top of them.
As they make their changes, they are driving more and more affiliates towards sites like this, where they can at least be exposed to the work people have done to show these people are scamming them. What they decide to do after seeing the hard work of Oz, K. Chang and everyone else who is looking at these reported “opportunities” is on them.
If we can save just one persons retirement accounts, savings, etc – our goals are accomplished.
Article up shortly. I have confirmed this is WCM777 rebooted (again).
It sure looks to be true, with the new site coming from the same network block housing 1and300, chances are very likely the information is correct.
Thank you Oz for staying on top of the developments on this, and almost all of the schemes going on.
Summerly Grill… That’s for that golf course, right?
@K. Chang – That would be correct. The application is for a transfer of an on-sale beer and wine license type 47 (typical for use in restaurants).
And we’re live – https://behindmlm.com/companies/wcm777/global-unity-kingdom777-ponzi-rebooted-again
City of Industry office hiding here
3620 Cypress Avenue, El Monte CA 91731
New office ware house
And Government shut down Kingdom777
@Bob Hu: Where are you getting this information?
Tiger fled with many points, millions. Weeks ago.
It is coming down from inside. Lawyers fired today.
@LB it is factual. He his hiding staff at 3620 Cypress Av.
Tiger stole millions and points at end of January. Gone.
This all sounds hilarious but I’m going to have to hold off till we get something more official 🙂
Tiger seems to have abandoned ship when the regulators came knocking, whodathunk?
Heh – I have to agree with you Oz. And what good would it do for him to run off with points considering they only hold any value within the company, and are controlled by the company.
Something isn’t quite right.. but still very funny.
Phil, Steve H. or Andrew, please chime in on this.
Who is hiding there, Tiger or Phil? and again I ask how do you have this information?
Tiger stole $50,000,000 USD. And stole points and sold part.
Phil is hiding staff there. Tiger is gone, no one knows where.
Phil is trying to settle with SEC.
That would indicate escalation from State to Federal. This fellow seems to have a screw loose. He seems to exhibit no caution at all.
received your email. Any documentation you can send me would be of interest. Otherwise we’ll see it come out in the wash eventually.
The SEC file documents after some time, and effectively right now with WCM777 in limbo between Global-Unity and Kingdom777, I imagine Xu is well aware the regulators are watching his every move.
Guess we’ll wait for the SEC to comment when it’s all over. As for jail time, the SEC don’t decide that. If the information is accurate, they’d be going for a guilty plea. A judge then decides what the penalty is.
Again, if the information is accurate, Xu would be trying to limit his liability to just a fine with no court case. Given the size of WCM777, I’m not surprised that’s not working out.
I’m still trying to understand why Phil would have employees hidden. I have not been able to put any documentation together that indicates any connection to that property either.
Please let us know a little more – I’d like your take on a timeline of how this is going down, who the players are, etc. Phil was still making rather large purchases with corporate cash after the time Tiger left the building apparently.
Please send any information along to Oz as well – it will be interesting to see how this all works out.
And the plot thickens a little bit as our good friend Stanley (Stephen) Huntsman scrubs his linkedin profile of any mention of Kingdom777,WCM777 from his profile: linkedin.com/in/globalhuntsman
Remember Mr. Huntsman was the star of the Kingdom Card commercials and the official spokesmodel for World Capital Market and WCM777/Kingdom777.
It appears people are running away from this as fast as they can..
Undocumented workers? Illegal aliens? Wasn’t one of his many addresses above or next to a massage parlor?
One reason is mad investors. There are armed security at the offices. Phil has tens of millions still.
About Tiger, I do not know what is true. He is gone.
Can we get photos of Xu’s armed fortress? Or are the security within the building itself?
Dude has a big Jesus sword, the hell does he need security for?
He was only awarded the sword. He still needs the enchanted loincloth and additional xp to actually be able to use it.
I suppose Tiger stealing his cloak of invisibility hurt his grinding efforts too.
Ah well those blood moons are just around the corner and we’re all gunna die anyways. Right Phil?
Two possibilities… 1) They’re illegal immigrants working for peanuts instead of minimum wages, or 2) (somewhat more likely, IMHO) that the employees are falsely declared to be contractors, thus involving DLSE, for purpose of dodging Worker’s Comp, EDD, UI, and such taxes. There maybe more.
SEC is not stupid or blind. They read this website and other scambusting websites for leads. Mr. Dooly said as much.
Third possibility. They know where the bodies are buried. “Figuratively speaking.”
Someone was able to go by and get photos of the first office with the water heater door. There has to be someone local to Southern Ca who has a moment or 2 to swing by and see what’s going on at the address Hu gave.
Or maybe a safer bet would be to swing by Glen Ivy..
Phil’s office is 150 S. Los Robles Ave., #900, Pasadena, CA. Armed security person is there.
City of Industry office moved to 3620 Cypress Avenue.
K. Chang’s Answer #2 is factual. Phil’s business style.
So Phil is still at his office in the hotel building and just the employee’s are at the warehouse? Isn’t the Los Robles address more of a virtual office than an actual office?
You have a lot of information Bob – Can you get us some pictures, documents or something to back up what you are saying?
His main office is Pasadena. Investment deals are made there. Not a virtual office. Still employees there. All contract employees.
WCM777 employees at City of Industry office moved close by to the El Monte address.
Can not say more for clear reasons. I can send private information to Oz.
How long have you known Phil? Since his days with Brockstar (The days with Brian Willis) or after? Hopefully we will be able to get some clarification soon. Maybe Oz can share something privately.
Update: Ming in a white Ford Bronco entering the I-5.
Al Cowlings was spotted in the Bronco with him
Right. The infamous slow speed chase.
I’ll publish what I can (don’t want to compromise sources), so long as it’s directly relevant to WCM777/Kingdom777 and/or Global-Unity.
I’m treating Xu’s other investments as external to the business opportunities (although I’m sure regulators will ultimately follow the money).
Any updates Bob? I’ve noticed 1and300 is now down and unitymall.com has taken it’s place. Thank you for coming here and keeping people informed.
Some people fired from Kingdom777. The new shop is the 3620 Cypress Av. address for Global-Unity and Unitymall. His main office still Pasadena.
A different new MLM starting in two months selling coffee, nutrition and skin care.
Thanks for the update Bob – Your info checks out and I hope you are able to help (in public or behind the scenes) keep us informed. Thank you for your time and efforts.
Wonder if he got a bit of advice from a certain “MLM Consultant”?
Probably will regret posting this – but what are the odds it will be reported Tiger was on Malaysian Airlines flight 370..