American Bill Money Review: Oldschool postcard recruiting
American Bill Money claim to have ‘completed ten years in business‘, with Paul Korzeniowski credited as company President on their website.
The American Bill Money website domain (“americanbillmoney.com”) was registered on the 9th of November 2001, with Korzeniowski (right) listed as the owner. A PO Box address in the US state of Virginia is also provided.
Despite claims of “31 years experience” on the American Bill Money website, whether or not Korzeniowski has been involved in other MLM opportunities over the years is unclear. MLM related information online only ties Korzeniowski to American Bill Money.
Read on for a full review of the American Bill Money MLM business opportunity.
The American Bill Money Product Line
American Bill Money has no retailable products or services, with affiliates only able to market American Bill Money affiliate membership itself.
Bundled with American Bill Money affiliate membership are postcards, which are used to market the opportunity to prospective affiliates.
The American Bill Money Compensation Plan
The American Bill Money compensation plan sees affiliates pay $125 a month, with commissions paid out on the recruitment of new affiliates who do the same.
Direct Deluxe Qualification
Direct Deluxe qualification requires an affiliate to recruit one hundred fee-paying affiliates.
Once qualified, an affiliate is paid Direct Deluxe commissions from their one hundred and first recruited affiliate onwards.
Direct Recruitment Commissions
On recruitment of a new American Bill Money affiliate, the recruiting affiliate is paid $75.
This $75 is paid out regardless of whether the affiliate is Direct Deluxe qualified or not.
Residual Recruitment Commissions
A residual recruitment of $75 is then paid if the recruiting affiliate is Direct Deluxe qualified.
If an affiliate is not Direct Deluxe qualified, they receive $25 after the first month. $25 is paid to their upline (the affiliate who recruited them) and $25 to their upline’s upline.
Note that in order to qualify for residual commissions, at least one monthly fee-paying personally recruited affiliate must be maintained.
PrePaid Commissions
The cost of PrePaid American Bill Money affiliate membership is $1500 annually (12 months).
If an affiliate is Direct Deluxe qualified, each prepaid affiliate they recruit pays out a $900 commission.
If an affiliate is not Direct Deluxe qualified, they are paid $300. $300 is also paid to their upline (the affiliate who recruited them) and $300 to their upline’s upline.
Joining American Bill Money
American Bill Money affiliate membership is either $125 a month or $1500 annually.
Conclusion
We’ve come a long way since we started and we’ve paid out millions in commissions to our affiliates and it’s all in thanks to our monthly auto-ship program.
An auto-ship program is the only way to create real residual income, and nothing beats residual income except more of it
Postcard chain-recruitment, in 2015???
Seems hard to believe but that’s exactly what American Bill Money are offering.
The purported age of the scheme is testament to American Bill Money’s postcard centric marketing approach, which sees affiliates pay fees and get paid when they recruit others who do the same.
The postcards themselves are neither here nor there, serving only as a marketing tool to further affiliate recruitment.
With nothing being marketed to or sold to retail customers, this is a pyramid scheme in its simplest form.
As with all such schemes, once affiliate recruitment dies out so too will commissions paid out to American Bill Money affiliates.
Utilizing a three-level deep unilevel compensation structure, a collapse of one affiliate’s downline might not necessarily effect that of an other.
However over time once enough legs of the company-wide unilevel team slow down, American Bill Money as a whole will collapse.
$125 a month fee-paying affiliates will lose what they haven’t made back in fees, with $1500 prepaid affiliates likely to lose much more.
This program is nothing more than a glorified gifting program with bogus leads of “dead” people.
Yes, I know this because a friend of mine got ripped off with leads that were as old as a decade, and got some of the ABM postcards returned to him, with the ABM lead label affixed and being stamped as “deceased”.
He wasn’t sure if the Post Office did it, or current recipient, but it happened more times than not.
The leads are also recycled names of other people suckered into this deal, that, by the way, has a NO REFUND policy. Who in their right mind would spend $125 per month for that?
The biggest pimps of this program are Jack Cupp and Gary Krauss. Gary is a self proclaimed school teacher from New York whom will gladly show off copies of his 1099’s from ABM, totaling nearly $1,000,000 that he has earned from the program since inception about a decade ago.
He’s also heavily into gifting programs that start at around $3,500 and will include a flyer for it in an envelope containing an ABM postcard if the unsuspecting victim can’t cough up $3,500.
If that’s not enticement under FTC laws, then I don’t know what is!
And let’s not even talk about the crook, I mean, guy named “Paul” that runs this scheme.
First off, he, himself is a distributor, which I always find a conflict of interest in any business. I mean, how can an affiliate ever hope to compete with the program’s owner if he/she is an affiliate too?
Then there’s the fact that you have to “trust” that he’s not ripping you off with your sales commissions, since it’s totally managed offline, and the only way it’s monitored is with a random “ID#” that’s given for you.
So you blindly mail your 150 postcards every month hoping to make a sale, but if you actually do, you’d have to trust that your competitor… I mean, the company owner Paul doesn’t steal your sale from right under your nose!
Let’s face it, Paul makes the bulk of his money selling people worthless leads for nearly $1 a piece…yes, about $1…for a peel & stick label lead!
Last but not least, Paul has an ego bigger than Saturn, is rude as heck, and if you piss him off, he’ll cut you off…and your rightful commissions too, so don’t talk back to the Master!
In a nutshell, ABM is a gifting program, disguised as an over-priced leads program with worthless postcards (since you cannot resell them, nor can you create your own to market the program, as it’s against Paul’s rules).
Sending affiliates a 1099 attempts to add another level of legitimacy to this bogus program.
Just do a Google search for “American Bill Money Complaints” or “American Bill Money Scam” and you may be surprised at what you find. Caveat Emptor!
(Ozedit: Offtopic derail attempts removed)
Your word is mud, as you started off with a lie, our website americanbillmoney.com was registered 9-11-2001, Not 2011, anyone can go to whois.com and verify that. So you either cant read, or you deliberately want to cause doubt.
Then you continue to try and assault the validity of our business and my integrity, which you obviously seem to lack.
(Ozedit: Offtopic derail attempts and attempt to take discussion offsite removed)
P.S. You can re-sell your leads, you can make your own postcards (just not our design), we encourage skeptics to put us to the test simply by having anyone, anytime, sign up under your id #, see if you don’t get contacted and see if you don’t get paid.
Postcards are a better advertising form than anything online, more and more online companies are choosing to use postcards.
We’ve had haters like this claim we would be out of business in no time ever since we became successful, we’ll we just started our 13th year and we’re busier than ever, and more the longer we’re around the more haters and copy cats you’ll see. Thanks for your free advertising behindmlm, and Merry Christmas !!
That was a legitimate mistype on my part, and now that you’ve pointed out I know exactly why it happened.
When I first looked up the date I saw it as 9th Nov. My brain got sidetracked wondering if the domain was registered on 9/11 (that date) or 11/9. I hesitated because of the American date format and looked it up.
When I alt-tabbed back to the review I obviously had “11” on my mind and hence the slipup. It was an honest mistype and thanks for catching it.
You’re running a chain-recruitment pyramid scheme. There is nothing being sold or marketed to retail customers, meaning all money paid out is recruitment-driven.
An incorrect date nor the fact that you’ve flown under the radar for over a decade does not justify your fraudulent business model.
The American Bill Money website has so few visitors to it that Alexa doesn’t even assign it a traffic rank. So you can cut the crap about being “more busier than ever” too.
(Ozedit: Offtopic derail attempts removed)
I’ve already been scrutinized by the sec, ftc , and others, and guess what I’m still here, and I’m one of thousands of companies here in the U.S. utilizing the same business model.
I started this business 12 years ago and I have no doubt We’ll still be here 12 years from now, God Willing.
So while you try and insult me and accuse me of being a crook, I will pray for you and forgive you ! Merry Christmas !
No you haven’t.
American Bill Money is a fraudulent pyramid scheme. Nothing is marketed to or sold to retail customers, with all commissions paid out on the recruitment of new affiliates.
I don’t need to insult or accuse you of anything. Unlike you, who continues to pile on the abuse and threats via comments and emails.
I’ve been involved in home businesses since 1998 and ABM is the only one that really works for people who stay with it.
Anyone can do it without depending on the internet. There’s many other companies with a similar direct mail format. ABM just happens to the best one with Paul being honest 100% of the time.
I’ve put the company through the test and when someone joins the sponsor gets the credit. I’ve been getting checks from ABM weekly for 2 years, sometimes 2 or 3 a week.
Recruitment schemes don’t “work”, they rip off new recruits with unsustainable promises of riches.
Which is a pyramid scheme. You’re not selling anything to retail customers.
Oh Jack, you’ve been involved in home businesses since 1998 and it doesn’t take much in the way of imagination with Google searches to find out what kind of businesses you’ve been involved in in that time.
I don’t mean to disparage you but from cash gifting to the greedy and seedy underbelly of MLM you sir have found yourself right at home. This makes your endorsement of American Bill Money nothing at all like a surprise.
You do know that if enough people receiving an ABM postcard with your name on it went to:
postalinspectors.uspis.gov
And followed to reporting instructions provided there then there’s a good chance you would have to abandon your easy money game, it ain’t a scam as long as i get paid ways, as part of a plea deal.
Just sayin’.
(Ozedit: Spam straight out of “Pyramid scheme scamming 101” removed)
You weren’t born yesterday Jack, and neither was I.
Spare the 90s style pyramid scheme excuses for your unsuspecting victims. The “everything is a pyramid” garbage does not excuse lack of retail sales in American Bill Money.
It’s a pyramid scheme.