Wealth4AllTeam Review: 10 day ROI scheme
At the core of any MLM business should be the marketing and sale of products or services. If you can sell those products and services due to your efforts and genuine demand, then all the more power to you.
Keeping that in mind, when a company describes its products or services simply as ‘a non commissionable requirement for compliance‘, things don’t look too good.
Read on for a full review of the Wealth4AllTeam MLM opportunity.
The Company
Wealth4AllTeam is headed up by a one Mr. Danny Cianciulli (photo right) who acts as CEO. Cianciulli seems to have built a downline using the ‘Wealth4AllTeam’ branding for a while now (2010 or so) and has previously been involved in several MLM opportunities.
The two most prominent of these opportunities I found links to are:
1. ROI Unlimited – a recruitment based travel scam:
2. Something called the ‘The Endless $60 Miracle Money Maker’, which appears to be some sort of free trial offer ‘join up and then cancel’ scheme through the website zipnadazilch.com:
As far as I can tell, the launch of Wealth4AllTeam back in November 2011 was the first time Cianciulli has used the brand as a stand-alone MLM opportunity.
The Wealth4AllTeam Product Line
Wealth4AllTeam have no retailable products or services. Instead, upon joining the company members are then able to make investments with the company and bundled with each investment are advertising tools and a training module.
The advertising credits are for use on the Wealth4AllTeam social network (wealth4allteam.co) which appears to be a web application piggybacked onto Facebook (it allows you to sign into it with your Facebook account).
No further information is provided on training packages, other than stating that they are a ‘non commissionable requirement for compliance’.
The Wealth4AllTeam Compensation Plan
The Wealth4AllTeam compensation plan revolves around the investment of money in ‘training & advertising packages’ (TAPs) by members.
There are twelve TAP investment groups (TAP 1 to 12) and each TAP group has 12 levels within it. These are typically numbered with a decimal, for example TAP 1’s levels are written as TAP 1.1, TAP 1.2 through to TAP 1.12 for example.
At the end of TAP 12.12, the process repeats itself as TAP 13.1 onwards.
Each of these TAP investment groups has a different purchase price as follows (total investment amount required (12 investments per group) are in brackets):
- TAP 1 = $16 ($192)
- TAP 2 = $32 ($384)
- TAP 3 = $64 ($768)
- TAP 4 = $128 ($1536)
- TAP 5 = $192 ($2304)
TAP 6 and onwards simply recycle these investment amounts (TAP 6 = $16, TAP 7 = $32 etc).
Members start by investing at TAP 1.1 for $16 these TAPs, starting with TAP 1.1 through to 1.12 with there being no limit on the amount of TAPs members can purchase.
These individual investments then mature over a 10 day period upon which Wealth4AllTeam then pay out a return on the initial investment (ROI).
All of the TAPs in any one group level (twelve in total, split six and six) pay out a ROI every 10 days with half paying out over 60 days and the other half over 120 days.
I don’t know what the exact make up is on which TAPs expire over 60 days and which expire of 120 days but for explanation purposes, on level 1 this would equate to TAPs 1.1-1.6 expiring in 60 days after 6 ROIs were paid out (every 10 days) and TAPs 1.7-1.12 expiring in 120 days after 12 ROIs were paid out (again every 10 days).
The ROI paid out every 10 days varies from group to group as follows:
- TAPs 1.1 – 1.12 = $4.50 ($27 over 60 days and $54 over 120 days)
- TAPs 2.1 – 2.12 = $7.20 ($43.20 over 60 days and $86.40 over 120 days)
- TAPs 3.1 – 3.12 = $14.40 ($86.40 over 60 days and $172.80 over 120 days)
- TAPs 4.1 – 4.12 = $28 ($168 over 60 days and $336 over 120 days)
- TAPs 5.1 – 5.12 = $43.20 ($259.20 over 60 days and $518.40 over 120 days)
TAPs 6 and onwards again recycle these ROI amounts (TAPs 6.1 – 6.12 = $4.50, TAPs 7.1 – 7.12 = $7.20 etc).
Effective ROIs over 120 days total at each TAP level is then calculated as follows:
- TAP 1 – $192 invested with $486 paid out = 253% ROI
- TAP 2 – $384 invested with $776 paid out = 202% ROI
- TAP 3 – $768 invested with $1555.20 paid out = 202% ROI
- TAP 4 – $1536 invested with $3024 paid out = 196% ROI
- TAP 5 – $2304 invested with $4665.60 paid out = 202% ROI
As before, these ROI amounts simply recycle for TAP 6 onwards.
ROIs are paid out 50/50 with 50% of all returns paid having to be re-invested back into TAPs.
Referral Commissions
In addition to the investment returns paid out above, Wealth4AllTeam also pay out a 10% referral commission on all TAP purchases made by people you recruit into the scheme.
Recruitment Commission
For each member recruited into Wealth4AllTeam who pays the $10 upgrade fee, the company pays out a $5 commission to the recruiting member.
Joining Wealth4AllTeam
Membership to Wealth4AllTeam is free, however members wishing to cash out must pay a $10 upgrade fee and invest in TAPs.
Free members can earn referral commissions by recruiting new members, getting them to pay the upgrade fee and investing in TAPs but they too must upgrade if they wish to cash out these earnings.
Conclusion
Wealth4AllTeam’s TAPs are a bit confusing at first (which isn’t helped by the way the company explains the concept on their website), but once you break it down it’s pretty clear you’re looking at investments with a fixed 60 and 120 day ROI period (paid out incrementally over 10 days recurring).
There is no outside money flowing into the system and 100% of the money paid out as ROIs is paid in by members.
As far as the advertising goes, it isn’t offered to non-members simply because there’s no external demand for it. The Wealth4AllTeam social network is clearly not a stand-alone service and only those participating in the Wealth4AllTeam investment scheme are going to sign up as members.
Exposure wise all that’s happening is members are investing money, putting up advertising on a social network and winking at eachother as they earn guaranteed ROIs made up of new investments by existing and new members.
No doubt members will try to convince non-members that it’s all about the legitimate sale of training but with the company itself admitting that training only exists in an attempt to be compliant with US laws, that’s a pretty thin argument.
Moreso when you consider that these advertising packages are most likely not offered past the TAP 12 group whereas investments can continue well beyond TAP 13 (theoretically they can continue on indefinitely as long as new money is continually pumped into the scheme).
The 50% re-investment rule will prolong the life of this obvious Ponzi but sooner or later new money will stop flowing in and as with all Ponzi schemes, there simply won’t be enough money to pay out.
It seems every so-called MLM Leader will decide to clone the system and drag his/her team over, eventually. Either they jump from one thing to another, or the MLM leader will clone something s/he’s familiar with. Just look at all the TVI Express clones started by ex-TVI members!
Unfortunately, most of them don’t bother consulting a MLM lawyer.
I joined W4A about 5 month now. I spent $50 when I first time join the program ($10 one time fee and $16+16 bought 2 TAP). Trying to advertising my personal website.
Result come out great and plus I made about $300 so far. Because is a one time fee $10, honestly don’t have any pressure for me to keep up stick with W4A. I love it 😀
So $10 membership fee, $40 investment and $300 ROI (although I assume some of this was referral commissions by getting others to invest too).
What happens when new and existing members stop investing new money?
Did you actually POCKET $300, or is it still yet to be paid out?
IF you are a real person who has problem with me then you should call me or you give me yours i will call you in the most remote part where you are God bless and forgive you for the arm you are doing to yourself.
@Danny
What makes you say I have a problem with you?
I identified what I believe to be several red flags with your business opportunity. What does that have to do with talking on the phone?
Some people are so egotistic they think any criticism against what they do is against them personally. I don’t know if this is Mr. Cianrulli’s case, but it’s one possible explanation.
More schemes by Danny
systemcashnow.com
easywealth2u.info
successtou.com
@Oz yes, i have about 7 friends under me.
@K. Chang yes, $300 in my bank account now… want receipt :p
(OzEdit: spam removed)
@Willie
Recruiting… check.
So how much initial money did you invest? How much money did you convince your friends to invest?
Proof of payment does not change the fact that Wealth4AllTeam is a dodgy investment scheme operating with a Ponzi business model.
I see you’re also actively promoting Zeek Rewards, Mint.bz, Banners Broker etc. etc… Oh dear.
Recommend Mr. Tang to go to mlmlaw and read up what is a pyramid scheme first.
http://www.mlmlaw.com/library/guides/Primer.htm#mlm
Promoting a pyramid scheme is illegal, mind you.
well, i am doing network marketing as a business for me. I am very sure not promoting any pyamid scheme at all, and I am just trying to share a business opportunity.
For some people think network marketing are all scam. Well, I am not going to change your mind at all, because I know I can’t.
I am personally working in casino business and also trading stock by myself, and I am very sure what I am doing here, but thanks for your advice.
peace
Most people who are promoting a pyramid scheme were convinced it’s legal until the authorities stepped in. Just ask yourself the 4 point question in the link I posted, and stop thinking of “exceptions”. The question of course, is will you admit to yourself the truth once you saw it.
@Willy
Then you either don’t know what a pyramid scheme is, or you have no idea what Wealth4AllTeam’s business model is.
(or you’re just laughably in denial).
Take your pick.
No. because it doesn’t prove anything as it’s known as the “it paid me” argument.
http://amlmskeptic.blogspot.com/2012/05/it-paid-me-argument.html
I’m just asking because a lot of MLMers did not actually receive any money, but only some number on a computer screen that says they got some money. THAT would be one sign of a scam.
… i got nothing to say now, whatever.
you want prove!? i posted on my blog space
(OzEdit: link removed due to pending deletion of image)
I hide most of my personal information but still content my bank info pictures, so please don’t copy or share.
i am here not trying to prove $300 is a big deal, but I don’t like the feel, people keep saying I am a lie.
reply this message, then i will delete that picture
Proof of payment does not negate the fact that Wealth4AllTeam is a recruitment driven pyramid scheme.
You’re barking up the wrong tree and failing to address the issue(s) raised with the business.
okay, at least, i didn’t lie to you guys.
take care, bye ~
You might not have lied but at the very least misrepresented yourself.
You stated
with the only proof of this being that you made $300 (by recruiting people).
When countered with the fact that proof of payment doesn’t change or negate a recruitment driven business model, you have “nothing to say”.
Something to think about…
I’m one of those who lost money in Zeek Rewards (4 Grand). Since I didn’t need the money I let it grow to 20,000 virtual ‘worthless’ points.
My sponsor is trying to help me ‘recover’ my losses through Wealth4All. Any update on this program?
…10 day ROIs? You should know wbetter.
Folks, firstly, I am a member of Wealth4All Team.
Wealth4All Team is NOT an investment program. If you are referring it to an investment program (i.e. ROI) then you are mistaken. It is a team effort purchasing & re purchasing program. Yet there is also a product that comes with being a member.
IF you think advertising is NOT a product then you are misled. If you can advertise a product or service online for free, then you have struck gold so keep it to yourself.
Don’t put your head in the sand along with put ALL online programs in the one basket. Foolish choice to do so!!
@John
…and?
Let me guess, being a member you and only you can “get it”.
Sure it is. $10 goes in and over 60-90 days you receive a fixed ROI, paid out by newly invested money by other members.
Purchases don’t generate ROIs, investments do. Wealth 4 All pay out ROIs, go figure.
Nobody said it wasn’t.
Good advice. Don’t run around pretending an obvious investment that pays out a fixed ROI is an “ad” purchase either.
Great. So is/was legendary Ponzi-forum huckster “Ken Russo,” a former member of the $119 million AdSurfDaily Ponzi scheme, which collapsed after an investigation by the U.S. Secret Service in 2008.
Some of “Ken’s” recent “choices,” along with the “results”:
* ClubAsteria. Suspended cashouts after encounter with CONSOB, the Italian securities regulator. Traded on the names of the World Bank, the American Red Cross, actor Will Smith and slain Indian civil-rights champion Mahatma Gandhi.
* JSS Tripler 2/Compound150. Suspended cashouts after purported account freeze and admin’s purported bout with Dengue fever. Took forum offline (like Zeek Rewards) because too much “negative” news was spilling out. Hatched a new scam based on penny auctions after purported recovery from Dengue fever.
* Zeek Rewards. Now the subject of SEC action and probes by U.S. Secret Service and NC Attorney General. Also targeted in at least two class-action lawsuits. SEC says Zeek Rewards is a $600 million Ponzi and pyramid scheme.
John, how clean do you think the money in Wealth4All is?
PPBlog
I received a news that this program disable the withdrawal past few days. I wonder this is the next from zeekrewards.., 🙂
Wealth4allteam has closed their doors.Cycle earnings are stopped and withdraw and deposit button disabled. Ipayout wallets are also disabled.
The main reason of w4all is that they want to launch genesis within september oktober and they talked with their lawyers, which adviced them to stop the w4allteam program right away.
It is obvious that they run an ponzi. If not why should they stop immediatelly with the program? Why the sudden change? Obvious they have something to hide and autorities are not stupid. If they get investigated they will find the real truth about,their cashflows…
However thousands of afffiliates are supporting w4allteam. I wonder why. They made their money and stepped in early. However the later affiliates lost their money or break even.
What i find interesting that alot of people get manipulated by the so called entrepeneurs of the company and their promotions online. People get brainwashed and start to believe that it is an genuine business with professional people.
If you look at the website and program it is far from professional and the sudden change of the program is just another indication that it is just an scheme.
The same with zeeks, jbp, profitclicks and bb…They all promise to be an advertising program and business, but if we can see the real cashflow of the business we will find the truth about their business.
It is sad that people believe in this type of business ventures and,only the top affiliates will make their profits. A good thing about w4all is that they promise to pay back the initial investments, if we believe their updates.
The problem however is not w4all or zeeks or bannersbroker or profitclicks. It is the people that believes in cheap business and amateuristic earnings. They invest money into empty businessconcepts and there is not real product which provides income and cashflow.
The truth however is that these so called businesses will fall sooner or later and even if they change into another business concept, they will not deliver what they promise. Only the top affiliates and marketeers are smart enough to make money but the rest of the affialiates will lose their money.
As long there is and demand for this type of business they will be the provider of the demand.
If we can see more deeply into this matter we will see the real truth and free ourselfs from this illusionaire businesses online.
Greetings Dave
These schmucks are re-opening as a Private Membership Association, mid October sometime. I have made it clear on a number of occasions, that I have no wish to remain. All I want is all of my money back.
I’ve asked about that in the Skype chatroom, only to be slapped down and treated like a naughty 5 year old, getting my posts removed for my sins (lol), and being told to raise a ticket.
I did state that all I will get in reply is how great God is, and how everything is going to be OK, and that all I want is a straight answer to a simple question.
Up to now, I have raised three tickets. The first reply was about how this new set up will be magnificent, and that it will only cost me $1, as I was already a member prior to activity being ceased.
At time of writing this, the 2nd & 3rd tickets have yet to even be acknowledged! The following 4 paragraphs repeat the simple question I have asked for an answer to.
Like I said, a simple question, requiring a simple answer! What do you guys think?
I’m well p****d off over this, because I can’t seem to get across to others not to invest further in this obvious Ponzi.
The principles are basically contradicting themselves with their updates. Stating in one that W4A will remain the same as before shutdown, and in another update, they are saying that they have created something magical!
As far as I am concerned, they wrote a plan out on the back of a cigarette pack, or envelope at best, thinking that by creating a PMA, they would be protected from Govt interference, and be allowed to continue from when they finished.
The sad thing is, other people are falling for it, and I don’t seem to be able to do anything about it.
I’m not a citizen of the USA, but surely if the Govt felt that there was theft, fraud or another felony was being committed from within W4AMA, they would be able to intervene. Am I right or wrong on this one guys?
The AdSurfDaily clone known as AdViewGlobal played the “private association” card in February 2009 after the purported braintrust held a meeting with a convicted felon with a history of securities fraud and tax fraud.
In essence, AdViewGlobal declared itself a U.S. satellite state operating in Uruguay. By March 2009, AdViewGlobal was announcing that its bank account had been “suspended.” It blamed that development on members.
In May 2009, AdViewGlobal announced its bank problem had been solved by an offshore facilitator. It made that announcement on the same day the President of the United States announced a crackdown on offshore fraud.
AdViewGlobal collapsed in June 2009, after it was referenced in a RICO lawsuit filed against AdSurfDaily.
PPBlog
Flyspecks don’t warrant much attention.
Thanks for your “encouraging” words Hoss! lol.
Debating whether to just go along with this new set up & hope to at least get my deposit back. It wasn’t a lot, it’s just the principle, and the fact I let myself get suckered that stings just now.
That hurt will go away, I’d just like to think no-one else will get suckered too, but I guess it’s a forlorn hope.
‘nothing personal, just the way it is.
I want to bring your intention but I know there will be no benifit of it at all that before releasing money to all of its affiliates around at 15th Nov 2012, Wealth4all has blocked/seized my many of account without intimating.
But yes on legal case that on one IP usage and now it seems those will not be released at all. I have lost my money there.
when l invested in my $400 under a former friend of mine that introduced me this garbage scummers.
After two months, beinf broke, l reached out to Danny by email for my refund my funds, he acted like he didn’t acknowledge my email. I realized this was ato total scum.
My husband said he aint interested to join those scums, i should have listened to him. And l lost my $400.
I wld never fall for this kind of a nonsense especially from wealth4all crap. Another alternative l do is l joined a sousou club {circle} for 16 members collecting $300 every month and by 7th month when it’s your turn, you earn your $4,800.
This has been done over five yrs amongst our workmates. Once this ends then we recycle again.
Danny thank you but keep scamming those that are part of your game. Be careful y’all. Danny never refunded my $400 once it was gone in wealth4all shemes in 2013.
Um, 16 * $300 = 4800. If you’re paying out $4800 a month you’re not getting paid every 7 months with 16 people waiting to be paid.
16 months is a hell of a long time to assume everyone will stay in the job and keep paying in.