Phil Ming Xu linked to Vizinova (Global Unity)
Facing a regulatory crackdown in multiple jurisdictions, earlier this month Ponzi mastermind Phil Ming Xu publicly announced that he was giving up his WCM777 empire.
In a somewhat cryptic series of tweets, Xu revealed that he was ‘not a shareholder or officer of WCM777 or Global Unity’, having exited the company ‘due to investigations‘.
The story Xu pushed was that he’d sold off WCM777 and Global Unity to a new anonymous buyer, who he hoped would “legalize” the company and “continue his vision”.
Not surprisingly, turns out Xu might have been telling porky pies…
About a week ago I noted that some former top TelexFree and WCM777 affiliate investors were heavily pushing a new scheme called “Vizinova”. Other than asking people to sign up as affiliates, details were scarce.
Recently tipped off with new information from BehindMLM readers, yesterday I did some further research into the company and learnt that the company was purportedly being marketed as the “product line” for Global Unity (the third incarnation of Xu’s WCM777 Ponzi scheme).
Published on a German affiliate blog, it is claimed that Vizinova was ‘founded by top worldwide network marketing, advertising and debit card processing leaders‘.
According to the same blog, one of Vizinova’s “leaders” is none other than Phil Ming Xu:
With Vizinova being marketed as Global Unity’s product line, it follows on that contrary to what Xu published on Twitter, he’s still very much involved in the scheme.
A Spanish version of Vizinova’s official compensation plan was made public yesterday, in which it appears Vizinova will pick up where WCM777 left off.
At the time of publication an English version of the compensation plan has yet to be released, so I’m unable to provide a formal review of the plan. From what I’ve seen in the Spanish version though, affiliates first trade in $200 of their real money for a Vizinova “virtual currency”.
This $200 fee is the affiliate buy-in cost, after which they can then go on to invest in either a Silver ($1000), Golden ($2000) or Diamond ($3000) plan:
Referral commissions appear to be available on deposits made by recruited affiliates and there’s also mention of a 100 day ROI period and “repurchase” of plans when they expire. Binary commissions and various other affiliate bonus incentives also feature in the plan.
If I didn’t know any better, I’d say this is just another clone of WCM777’s “cloud computing” plan. Although what the facade product is this time around I’m still not entirely sure on.
Meanwhile Xu is believed to be under SEC investigation for his part in running WCM777 and its later incarnations. His partner in crime, Zhi “Tiger” Liu has reportedly disappeared with a large percentage of affiliate investor money, leaving Xu to face US regulators alone.
The current status of the investigations into WCM777 and Xu are unknown but believed to be ongoing. Sources reveal that Xu has been trying to distance himself from WCM777, with Xu trying to negotiate a fine in the place of jail time due to his overall lack of involvement in the day-to-day running of WCM777.
As per the information above, Xu’s masterplan to shirk any legal repercussions appears to hinge largely on the SEC not having basic internet access at their offices.
Sounds bulletproof to me…
Great reporting Oz. This development was not on my radar yet but a couple of others are. Will share if they pan out.
Can you send me the Spanish language plan so I can have my assistant translate?
Sure, “corporate” slideshow: http://www.slideshare.net/mguidi/vizinova-piano-compensi-compensation-plan
Dear OZ… It seems that you have all this port completely wrong. I’ve seen many posts you have and they appear to be right but in this particular case, EVERYTHING IS WRONG!
1. Vizinova has nothing to do with Phillip Ming Xu (I work with corporate people I dont do network)
2. Vizinova is a clien-based mlm company
3. There is NOT ROI AT ALL. People who don’t sell, DON’T GET PAID.
4. In order to activate Recruiting bonuses, the distributor MUST first bring 5-10 clients to the company out of the network
5. People can ONLY but 1 package per person (not multiple packages allowed)
6. There is not shared profit. People might earn publicity profit which is not guaranteed and if you read disclosures if clearly stipulates “The average yearly earnings”
7. People are NOT encourage to invest waiting for ROI.
8. Products are sold at competitive prices compared to the market.
I would encourage you before you post this report, to wait for all the info as up today, company IS NOT OPENED NOT RECEIVING MONEY FROM PEOPLE AS ALL INFO HAS NOT YET BEEN PUBLISHED.
Please make sure to have fair reviews based on reliable sources and not only cheap blogs such as the one you used to create this post!
BTW sorry for my grammar I typed a little bit too fast
I quoted a Vizinova affiliate site. If you’re working with Vizinova corporate, please provide information on who is running the company.
So what are affiliates pumping in money for exactly?
Obviously it has been published if non-English speaking affiliates are discussing it. Why no English version?
Feel free to send me an English explanation of the compensation and I’ll gladly review it. But please don’t pretend the information isn’t out there.
Company will publish all info in the next 48hours. Please be patient and you will know who runs the company and everything…
I highly encourage you if you are really professional as you seem to be not to assume those people are affiliates AS THEY ARE NOT AT ALL.
The reason we were related to Phillip is because many leaders from 777 came to us looking for something more reliable and stable as well as SUSTAINABLE and LEGAL, with decent comp plan…
Here are the MLM Laws in the US, we understood them and followed them! mlmlaw.com/library/guides/Primer.htm
Here is something you might find useful in the meantime while we put out all info!
Once again, please don’t relate our company to that person as it will be considered as Defamation. Thanks
So who are “they” then? Seems to me to be an affiliate site, it’s plastered in Vizinova marketing material.
And why can’t you just spit it out now?
People out there use all types of ways to hurt new companies. Lets say i pretend to be an affiliate and I relate a new company to a ponzi scam maker… I know for sure I will hurt the company 100%
Information will come at first only in:
and then a few more languages such as Russian, Italian, French, etc…
I can’t spit it out due to a NDA… Why would it be so hard to wait 1-2 days before assuming we are part of that person who in my perspective stole from many people?
(Ozedit: Offtopic derail attempts removed)
vizinova.com if you go there and see the background video, you will see it comes in English… The Spanish version was released first because one of the headquarters of the company is in Mexico.
I would encourage you to remove this post, study the comp plan, and if after you understand read everything, study it, and understand it, you still think is a scam, then you can go ahead and post a real review, with real proof coming from reliable sources…
Once again sorry for grammar, I’m just typing fast!
Really, you’re going to play the victim here. Cmon son.
It hasn’t been a few days, I noted it last week. Some of the articles on that affiliate blog are a few weeks old. And they’re certainly not trying to “harm” the company.
It’s clearly run by a (German) affiliate as the marketing spam is everywhere.
When clown MLM company owners fail to launch with basics (such as disclosing their comp plan and who is running the scheme), they only have themselves to blame when affiliates speculate.
You’ll note I haven’t formally reviewed Vizinova, so unless you’re going to be constructive and provide me with compensation plan information and/or who is running the business, please take your victimhood conspiracy theories elsewhere.
Alright Just wait for it then!
Thu 26th 00:00am @ vizinova.com
you can check it out there!
Before looking at the comp plan, look at the products and services we sell and then, look at the comp plan..
If this isn’t just another WCM777 reload scam, then the products and services should be abundantly clear through the compensation plan. If the plan has nothing to do with the products and services then there’s a problem.
This was sent in via email from a reader:
If I’m reading that right, pay $200, pay your buy-in fee and then collect when recruited affiliates pay their fees.
Apparently there’s also a matrix (residual), again funded by affiliate money. Ditto the binary (purchased positions fill it up).
Oh and no revenue-share?
$150 a week capped ROI.
Still going to wait for an English comp plan before I put up a formal review, but the above indicates this is just another WCM777 Ponzi reload scheme.
Further search says this TM was registered less than 1 week ago (3/18/14), has not yet been approved… by some lawyers in Guadalajara, Mexico. No idea who owns the company.
Oz, this seem to be in English, at least the end where the chart’s shown.
It is rather strange that the first spam about Vizinova are mostly in Russian…
Ah, now it becomes a little clearer. One of the first pushers of Visinova is a guy who goes by TopSlide Visinova on Youtube.
Checking the URL provided, pointed to VIP-networking.com, which is registered by Douver Braga
Douver Braga is a big WCM777 pusher and tried to push it in El Salvador along with a “Bosco Torres”. Though he seem to have a day job as a limo driver in Florida.
Which leaves two possibilities: either PMX cut a deal with Braga to run a clone of WCM777, or this is just a plain reload clone of WCM777.
So, Orlando, do you know Mr. Braga?
Some more information from readers:
Still waiting for the company to release official information, but in the meantime I can’t decide who sounds worse – Ming Xu or these guys.
As always, nothing good comes from MLM companies having affiliates sign NDAs and hiding who runs the opportunity.
Slide 68 does lay it out in English. They’re charging monthly membership fees and they have a forced re-investment (20%), that was new.
I’ll still wait for them to go live on their site before a review but most of the information is already here for anyone doing their due diligence.
I wonder how they’ll spin “we’re not WCM777!” when they look pretty similar. Add a binary and mandatory re-investment and you’ve still got that WCM777 investment core.
Still not much to report on this one, but it’s most likely another move similar to the Tenorio “Me and Tiger are founders, but no longer associated” crap Xu pulled earlier.
Hi Phil! Say Hi to the Special Agents for Us!
Same BS. I don’t know why people still keep falling for these thieves. I used to be in WCM77 I was working with Daniel Cruz and let me tell you that almost half of his group are accusing him of also stealing points.
He is also one of the top Spanish leaders here lying to a bunch of people. Charging up to 25% if you wanted to sell points, selling fake ipods for 250.00. They also claim to have “the most amazing product” in the world which people have yet to see! LOL
Come on people WAKE UP!!!!!!!! Use common sense!!!
Another bunch of people wanting something for nothing. They don’t mind scamming friends and acquaintances as long as they get some cash.
Work a real business or if you want residual income find a legitimate MLM. These scams and money games are nothing but fraudulent.
In the Vizinova about us info you can see who is the owner:
I don’t know if this info is fake because Alejandro Rodriguez Alvidrez is the president of alquimiag.com a marketing and communication company in Guadalajara (Mexico). I wrote them an e-mail to ask them if Alejandro is the real president of ViziNova.
Vizinova review will be out later today. Standby…
ViziNova review live – https://behindmlm.com/companies/wcm777/vizinova-review-renato-rodriguez-reboots-wcm777/
Dear all guys!
Believe me !!!! All online games if you put money in getting points then turn around recruit !!! 100% is gamble but worse than gamble in casino because in casino you are legally play 50/50 win or lose.
Don’t be fool stupid give free money to who create the game and become thier’s slave !!!! Wake up do not do stupid become slaver !!!!