7 Rings of Wealth Review: Seven-tier sovereign citizen gifting
7 Rings of Wealth provide no information on their website about who owns or runs the business.
The 7 Rings of Wealth website domain (“7ringsofwealth.com”) was privately registered on February 15th, 2017.
Copy on The 7 Rings of Wealth website references “the Nation”;
To begin earning Patronage Refunds in the 7 Rings of Wealth Crowdfunding project for “The Nation”, simply click on the Signup button and get started today.
The footer of the website also cites “CollaborateUSA, LLC”.
Collaborate USA has a website up over at “collaboratenation.com”. There it’s explained what “the Nation” is;
We choose to govern as a Collaborative Commonwealth, a league, or confederacy of independent persons and businesses (Members), where each individual Member has one voice and one vote, is sovereign and may opt-out without duress or recourse should the Collaborative Commonwealth cease to align with their individual rights and ideals.
That all Members of the Nation shall be Members of Collaborate CoOp, a cooperative association.
That those Members who voluntarily choose to may purchase ownership in Collaborate CoOp by paying a one-time Share Fee of $240 (called a Share Member), and may vote for a Board of Directors of Collaborate CoOp who shall represent the Members in contract and governance.
The Board of Directors shall rotate annually as per the Bylaws of the cooperative association.
Sovereign citizen nuttery. Gotta love it.
Who’s running this particular chapter of sovereign citizens is unclear, but 7 Rings of Wealth is cited as ‘the latest innovation of the popular Collaborative CoOp Community known as “#The Nation.”‘
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
7 Rings of Wealth Products
7 Rings of Wealth has no retailable products or services, with affiliates only able to market 7 Rings of Wealth affiliate membership itself.
7 Rings of Wealth affiliate membership provides access to sovereign citizen brainwashing presentations webinars covering assets, health, leisure, training, income, crowd and family.
Details of who authored the 7 Rings of Wealth webinars are not provided.
The 7 Rings of Wealth Compensation Plan
7 Rings of Wealth affiliates gift money to each other via a 2×7 matrix.
A 2×7 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting these two positions into another two positions each (4 positions).
Levels three to seven of the matrix are generated in the same manner, with each new level housing twice as many positions as the previous level.
A 7 Rings of Wealth affiliate signs up and gifts $5 to the affiliate who recruited them.
This payment also provides them with a matrix position, through which they receive two $5 payments from two affiliates recruited into the first level of their matrix.
$5 of this is kept and the other $5 gifted to unlock level 2 of the matrix.
Level 2 of the matrix houses four positions, $5 of which is received from each affiliate placed into it.
In this manner a 7 Rings of Wealth affiliate gifts larger and larger amounts of money at each matrix level as follows:
- level 1 – gift $5 to the affiliate who recruited you and receive $5 from two subsequently recruited affiliates
- level 2 – gift $5 and receive $5 from four affiliates
- level 3 – gift $10 and receive $10 from eight affiliates
- level 4 – gift $40 and receive $40 from sixteen affiliates
- level 5 – gift $100 and receive $100 from thirty-two affiliates
- level 6 – gift $500 and receive $500 from sixty-four affiliates
- level 7 – gift $2500 and receive $2500 from one hundred and twenty-eight affiliates
7 Rings of Wealth skim $160 from level 4, $300 from level 5 and $5500 from level 6.
Joining 7 Rings of Wealth
7 Rings of Wealth affiliate membership is $5 a month, paid to the affiliate who recruited you..
Conclusion
If you’re doing due diligence into an MLM company and you see anything that resembles sovereign citizen whackery, run.
I unfortunately don’t have that luxury and have to still take the time to break down their nonsense.
Typically when sovereign citizens and MLM cross paths, you get a scam the owners believe they are entitled to run, based on a detachment from the “ebil gubmint”.
7 Rings of Wealth is no different, with the business model a typical example of financial fraud.
7 Rings of Wealth attempt to mask cash gifting by referring to it as crowdfunding.
With our crowdfunding project we are not seeking contributions.
Instead, we are offering an amazing opportunity through developing your own micro-enterprise.
Not seeking contributions? That’s a funny way of describing paying $5 a month gifting payment.
You won’t find “gifting payments” on the 7 Rings of Wealth website though. They refer to them as “patronage refunds”.
To begin earning Patronage Refunds in the 7 Rings of Wealth Crowdfunding project for “The Nation”, simply click on the Signup button and get started today.
The fact of the matter is without gifting “contributions” from recruited affiliates, cash gifting scams like 7 Rings of Wealth collapse.
Nothing is marketed or sold to retail customers, with 100% of the company’s revenue sourced from its affiliates (by way of skimming gifting payments across levels 4 to 6 of the matrix).
As with all gifting schemes, once affiliate recruitment dies down, so too will new funds gifted through the bottom of the 7 Rings of Wealth company-wide matrix.
This will see new affiliates unable to recoup their monthly gifting payment, eventually prompting a collapse.
The monthly $5 gifting fee effectively means each 7 Rings of Wealth affiliate has a month to scam two people, otherwise they start losing money.
Mathematically in order for those running gifting scams to make money, the majority of people they convince to join them have to lose it.
A little digging points to a Robert Anthony Needham, linkedin.com/in/robertaneedhamjd and linkedin.com/company/kingdom-coop.
Matching data appears at opencorporates.com/companies/us_mn/ebd0f6e9-5f60-e411-ae63-001ec94ffe7f, trademarkia.com/collaborative-commonwealth-86333993.html and amazon.com/dp/B00P2M1XDY/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
Additionally, I see that he’s previously been referenced here on BehindMLM in connection with the Gold Crowdfunding scheme.
I’m afraid I’m going to respectfully disagree with Oz on the SovCit angle.
Robert A. Needham of Helena Alabama isn’t really making any secret about being behind this and while he does have some rather unconventional ideas, they are not sovereign citizen tropes.
For one thing Mr. Needham’s LinkedIn profile mentions him having earned a Juris Doctorate (without claiming he practices law) and sovcits view members of the legal profession much in the same way Scientologists view members of the mental health profession (and largely for the same reasons).
Without bothering to read Mr. Needham’s Collaborative Commonwealth book I do believe he is describing his idealized version of a voluntary mutual help association but correct me if I’m wrong but I don’t think he is claiming that members of that association become exempt from adherence to the laws of the land in which they reside.
On the other hand for all of his idealism it seems quite clear that Robert Needham is running a recruitment driven pyramid scheme. I’m sure he would disagree but in doing so he’d need to explain where the revenue he intends to share with his members is coming from if not from those same members.
And given that the Alexa rankings for Robert’s other websites from the last few years (FreelancerNation and CollaborateNation dots com to name two) tend to be in the seven digits, what ever glories he may have had in the past as a businessperson and visionary, may be slightly faded at this point.
If he ever realizes that you can’t make everyone financially secure by paying them with their own money I’ll hope he can reverse that trend.
@Yu
I saw Needham’s name pop up. Sounded more like the folks behind 7 Rings of Wealth were hitching themselves to his work though. Didn’t realize he’s running the show.
@Glim
Then why set up a society of “sovereign” indivudals? The literature on the 7 Rings of Wealth is very “we are answerable only unto ourselves” in nature.
@GlimDropper: Needham is in my skype contacts, so our paths have crossed.
I recall in my programming days crossing paths with him. I recall a few years ago him talking about some coop idea he had, and I think I assisted on a site he had someone else working on, which went no where.
It seems his ideas have been evolving, but the lack of making any money from them has caused him to drift into Ponzi Scheme territory, perpahs.
He seemed like an intelligent guy and he was pleasant to talk to, but I think he could tell I wasn’t interested at all in his wild coop ideas.
There are a lot worse out there than Needam though. Trust me, I’ve met them.
Thank you for your insights jonnyohio, they pretty well match my initial impressions of the man. However Robert also was the “chairman” of last year’s Crowd Funding CoOp and seems to have been working with a few serial scheme operators.
That shifts the balance of good will let alone plausible deniability as far as I’m concerned.
You made me go back and reread the 7 rings website (I cheated and viewed page source) and I’m afraid I still don’t agree on the sovcit thing.
Looking at some of Robert’s other websites and I do see mentions of sovereign and sovereignty but I also see references to paying the taxes you owe and obeying the law in general.
He does have other than conventional notions, “a nation without boarders” for example. I am truly not interested enough to read his 200 page book but I have read the terms and conditions on some of his other websites and there isn’t a single red thumb print to be found.
All were conventional legal notices and disclaimers written by someone with some understanding of how the legal system works as apposed to a bunch of counter factual mythology that more or less boils down to a petulant child’s blubbering rant of “you ain’t the boss of me.”
My categorization of the SovCit movement is much broader than yours Glim 🙂
I put any group showboating financial fraud as an attempt to establish an alternative economy (or similar) ideas as SovCits.
I don’t know why you feel the need to be a negative Nelly about every business opportunity and people helping people in general but I’ve been in two businesses now where what you said about both were wrong.
In this case, I have joined 7 rings and I have been on the webinars the last several weeks. Anyone who has been on these knows that not only is there a product but a darn good one at that worth way more than the $5 per month we will be paying.
If someone does consulting work and advises millionaires and multimillionaires than I would love to hear what they have to say. Also, another one of the presenters teaches doctors at the Mayo clinic. I’d say they must have a lot of knowledge regarding health to be in those positions.
Nothing was ever said about sovereign citizens but any smart person knows that is your right to claim and you should else you are just like a prisoner in your own land which we have now.
Also, there is no pay $5 twice.. a person can pay $5 to join but most of us are paying it forward for others because there is an incentive to do so which will benefit everyone involved.
If we choose to pay it forward for someone, we choose to do so every month. Paying it forward is a somewhat new concept you might want to research as it is a GOOD thing.. just like many times now people pay for the person’s fast food behind them.. and that is just one example of paying it forward.
It really is sad that you have no vision and have to try to save people from what you perceive is bad when a program like this can help get millions of people of welfare and the coop is actually going to use the money they make to put people in poor countries in this program..
the problem people like you think there is, is that at some point we will run out of people to put in the program and the last level will not make any money..
well there are millions of people being born and turning 18 (legal age) every day that could continue to be put in the program so I don’t think this will be a problem.
Please stop spreading lies about programs that you have obviously not actually joined or even listened in on their webinars or gotten to know the people behind it.
I can tell by what I’ve heard that these people are here to help the world which is more than I can say for you.
I am an adult and I know what I am getting into. I haven’t lost any money even though I paid for someone to get in the program so no one is out any money and we all have a chance to finally pay our bills in a way that let’s us get off the hamster wheel.
BehindMLM reviews don’t deal with negatives and positives, only facts.
By virtue of its business model, 7 Rings of Wealth is a cash gifting scam.
A scam having a product isn’t the same as selling a product or service to retail customers to generate revenue.
Thankyou for confirming you’re a sovereign citizen nutjob.
Scamming people and those people having to scam even more people who have to scam even more people isn’t helping anyone but yourself. Cut the crap.
and only a small percentage of which are remotely interested in participating in cash gifting scams.
Any more MLM underbelly tropes you want to throw out there?
You’ve yet to point out a single lie in the review.
You don’t have the right to scam people. And clearly you’re in denial, which is part of the fraud.
Cash gifting scams primarily benefit those who run them and early adopters, such as yourself, with everyone else losing money. Anyone who doesn’t acknowledge that and insists on the legitimacy of a gifting scam is guilty of fraud right off the bat.
I just got done watching another webinar tonight about this. It is not an MLM nor is it a cash gifting scam. They have consulted with lawyers about this and this is totally legal.
So far everyone is willing to pay it forward for others so no one can claim they are losing money and even though I paid it forward for someone, I didn’t lose money either because of how they have it set up.
This is the most ingenious way for the world to help each other get out of poverty.
The lies that you want me to point out..well 1. that it is a cash gifting scam..LIE.. 2. that it is an MLM..LIE.. 3. That we are forced to gift anyone..LIE 4. that we have to pay $5 a month plus a $5 gifting payment..LIE.. 5. that there is no product..LIE.. 6. that anyone is losing money…LIE (people are making money)..
The bottom line is this.. (Ozedit: Offtopic derail attempts and Sovereign citizen “ebil gubmint” bullshit removed)
Receiving payments over multiple levels = MLM.
Affiliates paying affiliates in MLM = cash gifting.
Cash gifting = scam.
No they haven’t, because cash gifting is illegal in the US and pretty much all over all the world.
1. As above.
2. As above.
3. One cannot earn in 7 Rings of Wealth without someone gifting money in.
4. There’s a five dollar joining fee and five dollar gifting payment. That’s in the company’s compensation plan.
If this is one and the same payment that’s not reflected.
5. The review doesn’t state there is no product.
6. In cash gifting scams the majority of participants always lose money. This is a mathematical certainty.
You said and I quote,
That is not true. Also, there is no $5 joining fee AND $5 gifting someone in.. you can pay $5 to join if you want but you don’t have to if someone else is willing to pay and so far everyone I’ve talked to is willing to pay.
There is no $5 gifting..you can pay it forward if you want but it is not required.. anyway.. I don’t need you to save me from something you know nothing about nor or willing to understand.
Yet, here you are.
Yeah, it is true.
Having no retailable product or service != having a product or service.
Right, so it’s a $5 membership fee and $5 gifting fee. Don’t care who pays it, it has to be paid.
I couldn’t give a shit about your personal circumstances. Where on Earth did you get the idea BehindMLM reviews were exclusively written for you and you alone?
To “Littlefatman” I am here to dispute the lies said about a business that can help many.
To “Oz” you apparently haven’t looked into this enough to even know much about it because you don’t know the facts..there IS a product and no, $5 doesn’t need to be paid twice out of pocket by anyone. There is a one time out of pocket $5 to join and any money needed to pay for anything else comes out of what is earned. Not two $5. There is no $5 gifting fee!
You keep mentioning how everyone at the bottom loses all this money..My god, dude..the damn fee is only $5 and everyone has just as much opportunity to make money as the guy who started this.
Even the guy who came up with this is earning money in the same way. Yeah he may have the benefit of his matrix filling up first but so what, he spent his money to have the programming paid for to make the site so who cares that he is at the top.
A president of a company is at the top too and makes more money than the employees at the bottom. The difference is, we all (including the guy “at the top”) is doing the same program we all are and we all have just as much opportunity to make just as much as he does.
You can’t say the same for a company where the employees are paid slave wages while the owner gets rich. Any money made by the coop goes right back into paying it forward for those in poor countries where $5 is a month’s pay.. how can anyone be so cold as to not want someone to survive and live a half way decent life by helping people make money?
You know a spirit by the fruit it bears and the people who made this program are bearing fruit of love and compassion by helping the masses have what they need while the fruit you bear, “Oz” is one of ruining commerce all over the world by spreading lies about something you know nothing about.
It’s always those who know nothing about stuff that are the first to complain. Hey, if you don’t want to join, no problem, move along. But for the rest of us who don’t get paid to destroy commerce, we are fine knowing that we might lose a whole $5! Geez!
I’ve updated the review to reflect the $5 a month gifting payment is stand-alone.
Cash gifting schemes meanwhile have nothing to do with “commerce” or “helping the masses”.
By scamming people (regardless for how much) the only person you’re helping is yourself.
Matrix-based gifting scams like 7 Rings of Wealth primarily benefit the admin(s) who set them up. Their positions receive the majority of funds gifted in (through pass-ups at each level).
A few affiliates get what’s left, with the majority losing out when affiliate recruitment collapses (a 100% mathematical certainty).
I know how exactly how a gifting scheme works, which is why your attempts to justify financial fraud aren’t working.
J.R.,
The size of the payments doesn’t change the laws involved. People were being jailed for sending each other dimes (10 cents) in a chain letter scheme back in 1935 when Denver, Colorado was overtaken by the Send-A-Dime Letter scheme.
Furthermore, what you are doing is opposite of the ‘pay it forward’ concept, fueled by greed rather than altruism.
Oz, I still don’t understand how anyone is being scammed..Scammed out of what??
They don’t even have to pay any money to begin with if they don’t want to so they is no one being scammed.
Even if they pay the $5 themselves, the owner said they can even ask for their money back and get out of the program if they want..so who is being scammed and out of what??
Your perception is very screwed up. Anyone who joins does so knowing full well what the program is about.. like I said, you don’t want to do it?
Fine, move along but quit trying to stop others from making money.. no one is being scammed at all..
J.R., I would advise closing your mouth before you dig yourself into a deeper hole, and getting a few sessions in with a decent shrink.
The arguments you are spouting are ones that have been tried endlessly through the years and fail nearly 100% of the time in a courtroom.
You might want to visit Quatloos and take some looks around their records of such matters.
J.R. please enroll in a Home Economics Course at your local Community College or Google a course that you can take online…because you clearly dont understand basic math.
It does not matter WHO PAYS THE 5 dollars. It means nothing that the owner says he will refund the 5 dollars to anyone who wants out now….that WILL NOT BE the same as it grows and eventually dies because it simply Cant..
There is a litmus test I always do when looking at any program… Is there a value of people joining today and paying 5 dollars that they receive that will cause them to say “I got value for my 5 dollars and a product or service that I am happy with”….regardless if I ever tell anyone about it, never try to get anyone else to join, etc. ???? Is There….
Then .. in keeping with the same spirit…is there a reason that they would either want to keep paying a monthly, quarerly, annually fee because they enjoy the product or service… OR is there a reason they would want to upgrade to another service / product that they would get value out of without ever telling anyone or referring someone….
This is the precise reason that a real company exists and why it is necessary for MLM companies to have REAL COMPANIES…..otherwise it can never survive…
Maybe this is your first Rodeo…. if so you chose a cheap Lasso so that was good luck!!!
This scam is supposedly launching tonight with all the usual scamming pimps pushing it hard!
@J.R.
Same as always, scammed out of their money. How much money you scam people out of is irrelevant.
Whether a new affiliate uses their money or an existing affiliate uses gifting funds they received from other affiliates (in the hope the newly recruited affiliate coughs up their own money after the first month), is irrelevant.
Affiliates paying affiliates in MLM is cash gifting. Once most of the money has been shuffled to the top tiers of matrix (positions held by the admin and affiliates who joined early, such as yourself), everyone loses out when affiliate recruitment inevitably collapses.
No they can’t. The 7 Rings of Wealth admin can’t beat basic mathematics. Once funds have been gifted and withdrawn they’re gone.
Clearly not, as evidenced by your insistence 7 Rings of Wealth isn’t a cash gifting scam.
Looks like it has been reinvented as
CryptoCashNation, Oz.
Only happened like ten days ago by the looks of things.