BringTheBaconHome Review: No pork, all Ponzi
There is no information on the BringTheBaconHome website indicating who owns or runs the business.
The BringTheBaconHome website domain (“bringthebaconhome.com”) was registered on the 31st of December 2014, however the domain registration is set to private.
An official BringTheBaconHome Facebook group is linked to from the company website. Unfortunately the group is closed, however the following ten people are listed as group admins:
- Andreas Loh
- Mark Ducker
- Kim Baese
- Jonathan Bracy
- Mike Lucas
- Michael Haggie
- Bruque Roberts
- Cat Johnson
- Martin Zhao Germer and
- Sherilyn Chong
Further research reveals BringTheBaconHome affiliates naming Sherilyn Chong as company’s owner.
Emails sent out to affiliates seem to support this, with most of them singed off on by “Sherilyn”.
As per her Facebook profile, Chong is based out of Singapore. Whether or not she is working alone as the admin of BringTheBaconHome is unclear.
What is clear is that Chong has previously been involved in at least one Ponzi scam. A Facebook posting on her profile from October 2014 can be seen promoting a short-lived debit card attached to Achieve Community.
Achieve Community was a $3.8 million dollar Ponzi scheme recently shut down by the SEC.
There’s an odd gap in Chong’s Facebook timeline between the 22nd of January and the 19th of February. Whether or not Chong has recently deleted posts (some of which might have been advertising Achieve or similar schemes), is unclear.
Read on for a full review of the BringTheBaconHome MLM business opportunity.
The BringTheBaconHome Product Line
BringTheBaconHome has no retailable products or services, with affiliates only able to market affiliate membership to the company itself ($5).
Once signed up, BrngTheBaconHome affiliates can then invest in matrix positions.
Bundled with each position are a series of advertising credits, which BringTheBaconHome affiliates can use to display advertising on the company’s website.
The BringTheBaconHome Compensation Plan
The BringTheBaconHome compensation plan revolves around affiliate investing in matrix positions. Affiliates are also paid to bring new investors into the scheme.
Matrix positions in BringTheBaconHome are sold in a bundle of 12 costing $40.
When an affiliate purchases a matrix position bundle, the twelve positions purchased are generated once every 24 hours over 12 days.
Each position is entered into a series of matrices, which once filled generate a cycle commission.
BringTheBaconHome utilize five matrix systems in their cycler compensation plan.
The first matrix is a 5×1, with each matrix position generated requiring five positions below it to be filled before a $3 commission is paid out.
A position that cycles out of the first matrix is then placed into a second 4×1 matrix.
Same idea as the first, only this time four positions need to be filled before a $6 commission is paid out.
The third matrix is also a 4×1 matrix, paying out $12. The fourth matrix is a 3×1 (three positions to fill) that pays out $20, and the fifth a 2×1 (two positions to fill) that pays out $109.
All in all, each position invested in by a BringTheBaconHome affiliate generates a $150 ROI.
With each $40 position bundle containing twelve positions, this equates to a $40 investment generating an advertised $1800 ROI.
In an effort to trap funds in the system, BringTheBaconHome require 35% of all commissions paid to be re-invested back into matrix positions.
Referral commissions are paid out on all $40 investments, paying out $2.80 to the affiliate who recruited the investor (level 1) and $1.20 on level 2.
Affiliate membership with BringTheBaconHome is $5.
At least one matrix position bundle purchase is required to participate in the BringTheBaconHome compensation plan, bringing the defacto cost of BringTheBaconHome affiliate membership to $45.
As per the BringTheBaconHome Terms and Conditions:
For the good of the entire memembership (sic) and the well-being of the program, if any member mentions the words lawyer, attorney, attorney general, police, SEC, FTC, FBI or any other potential threats to BTBH, management reserves the right to remove them from the program immediately and close their account without refund and without further negotiation.
Why would BringTheBaconHome be worried about its investors talking about the SEC, FTC and FBI?
Because they’re running a simple $40 in, $1800 ROI Ponzi scheme.
Affiliates buy into BringTheBaconHome for $40 a pop, wait for new funds to be deposited by subsequent investors and then slowly make their way towards an eventual $1800 ROI.
Needless to say mathematically $40 turning into $1800 isn’t anywhere near sustainable, with BringTheBaconHome’s scheme likely to collapse shortly after launch.
Just one $40 position requires 45 new positions to be purchased in order to generate the required $1800 ROI. Those 45 new positions then also require 45 new positions each (2025 positions) to be invested in before they cycle.
And from there it only gets worse.
Sooner rather than later BringTheBaconHome investment will slow down, meaning the matrices will stall.
The delay in adding matrix positions at a rate of one per day per $40 bundle position bought creates an illusion of new daily activity occurring, but the reality is the flow of money is the same no matter how the positions are generated.
All the 12 day delay does is slightly delay the inevitable. That being, just like any other Ponzi scheme, when BringTheBaconHome’s matrices stall, those with funds still trapped in the system lose out.
What happens then?
Charge back or reverse transactions made on your purchases will lead to immediate account termination.
Sherilyn Chong and friends do a runner with your money. Kaboom.
Thank You for the Information.
I have to simply love the whole “Don’t mention the cops, FBI, SEC, Lawyers, etc…” talk from these ponzis.
In legitimate business, more often than most people care to believe, the response to threats of consulting a lawyer or relevant legal authorities is “go on ahead”.
If you are legitimate and lawful, and know it, then you know threats are a dime a dozen.
If you are a blatant fraud and illegal, and know it- then the last thing you want is attention from law enforcement.
Anyone who makes threats over you using your legal rights is no one you want to give a dime to.
It’s really shocking how these ponzi schemes taunt the investors and public so obviously.
They’re running a scam to bring home the bacon…when they run with YOUR money!
You will find the same old people promoting these ponzi, cycler, rev shares scams, and the very same people as the admins of the facebook groups.
Mike Haggie and Gareth Owen to name just two. A new one every week, with them at the top, showing off their earnings, to suck the sheep in, before it dies.
Well the big launch was a bust. As soon as it launched it crashed. Seems their security determined all the huge traffic was a DDOS attack and shut it down. But no worries, site will be back up in 3 hours.
They are turning off the security feature to allow for all the increased traffic.
The disabling of the security feature could lead to the claim that they got hacked and all accounts were affected. They have to audit all the accounts before they can re-launch.
This is going to get fun to watch itself implode on itself.
Mark Ducker (duckone on MMG) is a police office in New York state! I wonder how his colleagues would feel about his illegal activities.
This is getting to be too funny. More problems with the re-launch of the re-launch.
An update said the re-launch would not happen until next weekend, but then the members started asking for Wednesday, so Sherilyn is asking the members if they want to re-launch on Wednesday or not.
Beginning to wonder if this will ever launch. Of course Jefbru at MMG is telling everyone it is not big deal and to just chill out. This is still going to be the best ever for 2015, yada, yada, yada. In every cycler going I think.
What a bunch of retards (cyclards).
Please, do not compare “cycler” ponzi fraudsters to “retards”.
In their vast majority, the Developmentally Disabled (“retards”) are almost always harmless to others and are deserving of assistance and kindness.
On the other hand, these repeating Ponzi Pimps are predatory criminals who need to be imprison for the protection of the public.
The Developmentally Disabled (“retards”) do not deserve the cruel insult of being compared to these disgusting criminals.
For some reason this reminds me of Jake’s “DR Fund” all star team of stupid ponzi scheme from a few years back, which was launched with much fanfare and immediately collapsed when the founders were ripped off by even better criminals in the Dominican Republic, who at least had enough sense to not use their real names.
Mark Ducker (duckone on MMG) is a police office in New York state! I wonder how his colleagues would feel about his illegal activities.
His twitter account lists San Diego California, same guy?
It seems their website is switching servers, check out the message from Sherilyn on the website.
What is truly funny is that Sherilyn announced the Email update to all the members would be made after she got “home from work.”
Kind of debunked all her claims of how hard she was working and how many long hours she had spent preparing BTHB for launch. So much for BTHB being her full-time job!
Well, Sherilyn has made her latest update about the big re-launch of the re-launch set for tomorrow morning:
these ‘server’ excuses just keep getting better and better.
OK. Quoting Oz, quoting from the BTBH Terms:
If this phrase is typed into Google and the (sic) is removed but the “memembership” typo is left intact, the exact phrase appears on scam sites dating back at least to 2007.
Correcting the typo to “membership” and leaving everything else intact also pulls up results.
So, any number of scammers are using the same basic script or template, perhaps with added functionality over the years.
It’s interesting that the specific agencies cited are all American.
this is number 1 on ken russo’s must join program’s. if that doesn’t tell you it is a ponzi nothing will.
his philosophy is join early if you are going to win and justify’s misleading people by touting to join his next recommendation. do not join this as you will end up losing your money.
Well, this did launch this morning but so far it has mixed reviews. Some people cannot login to the new website but were buying positions on the old.
Now they are not sure the transaction really went through. Others are noticing that the cycle is not matching up with the number of subs being bought, and that is just for starters.
I saw a lot of people that now want refunds so this is going to be interesting to see just how long this can run before it collapses, which it will.
Even if they “fix” everything, I only give this 3 months before it collapses, and that is being generous.
Well, day two is not going to swimmingly. Seems there are database issues, but of course they are being corrected.
Members who requested refunds are not too happy that she has not refunded them yet, but the faithful told them to be patient as she had other more important priorities she is dealing with.
Of course that would be making sure they got paid and they could get subs purchased. Such compassion for their fellow members. Of course if you want out you are a hater.
You can tell the heavy promoters have a boat load of cash in this because they keep giving her cover for the things that have gone wrong.
They know this has to last the month for them to get their seed out, or they will lose big-time. For them to make any money out of this it has to last at least 2 months.
They sure have been using the “P” word a lot in the past five days. Kiss of death for a Ponzi when you have to tell everyone to have “Patience” this early in the game.
Here’s the latest and greatest from the 20-year old best admin ever:
Some of the members are getting restless with all these issues and the matrix not cycling correctly, subs not being posted, too many subs being posted, etc., etc., which is not sitting well with t he major promoters.
I think they are getting really nervous this is going to crash and burn if things don’t get fixed and soon.
I hope it does crash and burn and all the major promoters lose all their money. Talk about poetic justice if it did! LOL!
Well, things are not going well for Sherilyn. It seems BHTB is having all kinds of issues:
Withdrawals, Credit Card problems, hackers, Demands for immediate payment or refunds.
But all the members needs is patience. She will get it all worked out. Well at least that is what she is promising, but then she has been promising this since it launched twice!
If you want to read her update where she details all that is happening, you can find it at MMG. Won’t take up space posting it all here.
She is going to be lucky to last a month at this rate.
It’s over. Here’s Sherilyn’s announcement today:
So let’s recap: She’s really, really, really sorry. It is all the members fault for not buying more cyclers and subs.
She is out of money. She is playing the sympathy card for all its worth.
Do not blame the admins as it was her decision alone to pull the plug, but it’s not her fault BHTB collapsed but the members for not supporting BHTB.
A lot of unhappy campers in BHTB that fell for all the hype of how honest of an admin she was, this program was designed to last a long, long time, and was going to make everyone who joined rich.
But of course all of us who pointed out this would happen before the end of this month didn’t know what we were talking about. LOL!
Thanks for the update Lynn. I’ve put a separate article together to discuss the collapse: https://behindmlm.com/companies/bring-the-bacon-home-ponzi-scheme-collapses/