100K Race Review: Gifting through Elite Legacy Creators
There is no information on the 100K Race website indicating who owns or runs the business.
The 100K Race website domain (“100krace.com”) was registered on March 7th 2016, with Darcy Allen (right) of Elite Legacy Creators listed as the owner. An address in the US state of California is also provided.
The Elite Legacy Creator website is little more than a splash page. So reads the Elite Legacy Creators motto, “success is our oxygen… failure is not an option”.
An Elite Legacy Creators presentation dated 2nd of March 2016 states the company
is an exclusive private membership club which provides a supportive environment for like-minded business people.
The only two public videos on the Elite Legacy Creators YouTube channel are marketing videos for 100K Race, suggesting it is the first opportunity launched within the Elite Legacy Creators brand.
Darcy Allen meanwhile appears to be an MLM Ponzi veteran.
Allen appears on a list of net-winners in the Zeek Rewards Ponzi scheme who stole $1000 or more. She was also an investor in TelexFree, a $3 billion dollar Ponzi scheme.
Other MLM companies Allen has been involved in include Nerium (2014), Paycation (2014) and Le-vel (2015).
Read on for a full review of the 100K Race MLM business opportunity.
The 100K Race Product Line
100K Race has no retailable products or services, with affiliates only able to market 100K Race affiliate membership again.
The 100K Race Compensation Plan
The 100K Race compensation plan sees affiliates gift payments of $10 to $640 to eachother.
These payments are tracked through a 4×4 matrix.
Each initial $10 gifting payment creates a position at the top of a matrix, with four positions directly under it:
These four positions form the first level of the matrix, with the second level generated by splitting each of the first level positions into another four positions each (16 positions).
The third and fourth levels are generated in the same manner, with a complete 4×4 matrix housing 340 positions.
Positions in the matrix are filled via gifting payments made by other 100K Race affiliates.
Once a level of the matrix is filled, an affiliate must make a larger gifting payment to the affiliate who recruited them to unlock the next.
- $10 gifted to the recruiting affiliate unlocks level 1, qualifies an affiliate to receive four $10 gifting payments ($40)
- $40 gifted to the recruiting affiliate unlocks level 2, qualifies an affiliate to receive sixteen $40 gifting payments ($640)
- $160 gifted to the recruiting affiliate unlocks level 3, qualifies an affiliate to receive sixty-four $160 gifting payments ($10,240)
- $640 gifted to the recruiting affiliate unlocks level 4, qualifies an affiliate to receive two hundred and fifty-six $640 payments ($163,840)
Joining 100K Race
Affiliate membership with 100K Race is tied to at least one $10 gifting payment.
Full participation in the 100K Race compensation plan requires a total of $850 gifted to the affiliate who recruited you (upline).
Conclusion
From the 100K Race FAQ:
Do I receive any commission from 100krace.
No all payments are from seller to seller.
With nothing being marketed or sold to retail customers, 100K Race is a cash gifting scheme wherein affiliates make payments to other affiliates.
These payments are made for the sole purpose of qualifying to receive payments from other directly or indirectly recruited affiliates. That’s pretty much all there is to it.
It’s typical in matrix-based gifting schemes that the admin and early adopters set up a bunch of pre-loaded positions. Such is the nature of matrix-based gifting scheme that these positions are mathematically guaranteed to receive the lion’s share of gifted funds.
In 100K Race, these early positions are more than likely held by Elite Legacy Creator members. This will have been set up before 100K Race was opened up to the public.
Of particular concern are the attempts by Darcy Allen and Elite Legacy Creators to fly under the regulatory radar.
In the previously referenced Elite Legacy Creators presentation dated March 2nd, the following warning is given to affiliates:
No audio and no video records at any time during meetings, opportunity presentations or events without the written consent of Elite Legacy Creators.
No posting of any presentation materials on video sites or any form of social media, nor email without the expressed written permission of Elite Legacy Creators.
The presenter goes on to mention the requirement that only “like-minded individuals” be prospected.
“Like-minded individuals” is MLM underbelly code for “scammers”.
Getting back to 100K Race, as with all such schemes once recruitment dies down, so too will gifting payments made within the scheme.
That triggers a collapse, leaving the majority of participants out of pocket.
I thought the name “Elite Legacy Creators” sounded familiar.
Faith Sloan is promoting this and 100K Race on her Facebook page (I came across it last month or the month before).
I wonder how many more of the TelexFree faithful are on board with this?
And so much for the preliminary injunction prohibiting Sloan from engaging in fraud…
“Thou shall not preserve any proof that we promised anything. Just hand over the money and we’ll give you the fine print later.”
Starting from the WHOIS for 100krace.com led me on a merry chase finding a more than merely unsavory past to Ms. Allen. And a possible personal tie to Faith Sloan as well.
East Coast West Coast Holding LLC is or was located at the address indicated by her WHOIS, and the Manta webpage for it shows a “Johnny McCoy” along with an email address and phone number.
Darcy’s email address for 100k Race has mccoy within it. Looking up the new phone led me to a laundry list of Darcy Allen websites going back to 2011. And she was using the same email address as “Johnny” on all of them.
Researching the home address from those older websites brought up a Thomas Sloan living there. Is it possible that Faith and Darcy are cousins or in-laws?
As well as uploading several Elite Legacy Creators to YouTube. Sloan claims she is:
on her Facebook page
A bit more research uncovered that her name is actually Darcy Allen-McCoy, and that Johnny is or was her husband.
Her one legitimate business that I could find was “Chef Darlicious” which she cross-promoted with scams such as Zeek on social media.
Hmmm…I believe you are defaming something you have no clue what’s going on.
Change your comments for…
There are products being marketed which are PLR Ebook bundles and programs.
I am a retail customer, and I saw an opportunity to make money here I chose to be a reseller as well. I am using the products and reselling them “outside of 100krace as well”.
I purchased my products from other resellers already in the program since this is the only way I can get the products they sell.
The products are “bundled” with the first bundle costing only $10 and all the way up to $640. These are bundles you can market online or use to generate leads and build an email list!
This is not a gifting program like you think it is. It is simply an affiliate program where they can marketing to anybody outside of 100krace or make money from people buying their products. They call their affiliates “resellers”.
Defaming other bizzops for the sole purpose of swaying people to look at your own opportunity (whatever you are an affiliate of) is being strictly looked upon by the FTC as defaming, which can get you in a lot of trouble.
So I suggest you take this review down, do some more research, and correct it or this site will be reported.
What you market outside the MLM opportunity is neither here nor there.
Within 100K Race as an MLM opportunity, only cash gifting is being marketed.
Once you paid that cash gifting fee, you became an affiliate (participant).
If said “purchase” qualified you to receive gifting paymens from subsequently recruited participants, that’s what you purchased.
What was bundled with said participation fee is irrelevant.
Sure it is. I pay a fee to you which qualifies me to receive gifting payments from subsequently recruited affiliates. Nothing is marketed to or sold to retail customers and affiliates pay affiliates, which is cash gifting.
If that’s what you got from the review, you’re clearly a dumbass.
The review is accurate. I suggest you get a clue about cash gifting and what constitutes actual retail in MLM.
Report away and best of luck with the scamming.
I am participating in both Elite Legacy Creators and 100k Race.
Yesterday and today (4-14-16) the 100k race website is refusing connection. And now Elite Legacy’s website is also refusing connection.
This definitely looks suspicious.
On my end they’ve redirected “100krace.com” to “runningintheusa.com” (legit site, has nothing to do with ELC).
Bit late to try and hide the scheme now fellas.
FYI Faith Hijacked that program with her tech skills. She is running it herself. ELC and 100k aka 5000families is in faith’s hands alone.