Zegolia Review: $5 paid to surf investment scheme

zegolia-logo

There is no information on the Zegolia website indicating who owns or runs the business.

The Zegolia domain (“zegolia.com”) was registered on the 10th of February 2013, however the domain registration is set to private.

On the Zegolia blog a “Alexandre Ferrari” is credited as being a part of “Zegolia Marketing”.

Further research reveals that on the Zegolia domain, a banner for AdCashNetwork exists:

adcashnetwork-banner-zegolia-website

AdCashNetwork was a Ponzi scheme launched in 2009, with newsletters sent out by the company signed off on by a “Fred Richards” and “Lisa Bim” (also known as Lisa Ross).

Five months after launch, AdCashNetwork collapsed. Blaming “not enough sales” (new investments) as the reason, Bim/Ross sent out the following email to AdCashNetwork members:

Dear ACN members,

We wish to notify our members that since the last few weeks, ACN has not been generating enough sales and as such we are not having enough funds to do rebate payout .

This week, their will be no rebate payouts. Hopefully, the things will improve and we should be able to pay rebates the next few weeks.

Thanks

Lisa

ACN Team

Five days later the AdCashNetwork website was pulled offline and the admin(s) disappeared.

Now two and a half years later, the admin(s) of AdCashNetwork appear to be back again with Zegolia. Read on for a full review. [Continue reading…]


JubiRev affiliate call endorses passive investment

jubirev-logo

I’m going to preface this article by stating that the exact nature of the business relationship between T. LeMont Silver and JubiRev has to date not been made public.

Silver is an affiliate of JubiRev but is also responsible for virtually all of the affiliate training videos the company has put out, as well as hosting most if not all of JubiRev’s affiliate training and marketing calls, as well as the company’s webinars.

Additionally, Silver was present at JubiRev’s recent “JubiMeeting” held on March 6th, sitting alone in the front row:

t-lemont-silver-front-row-jubirev-president-meet-march-2013

Whatever the extent of the relationship between Silver and JubiRev is, it obviously extends well past being a top affiliate of the company.

 

Update March 30th 2012 – In a lawsuit filed by eAdGear (parent company of GoFunRewards) against JubiRev and former President Randal Williams, T. LeMont Silver was named as a “Video Manager” of JubiRev.

This indicates that Silver has an executive role in JubiRev beyond just being an affiliate of the company. /end update

 

With that in mind it was a recent such call that caught my attention, raising new and confirming ongoing red flags with the yet to be launched JubiRev MLM business opportunity. [Continue reading…]


GlobAllShare Review: Shares in a social network?

globallshare-logo

There is no information on the GlobAllShare website indicating who owns or runs the business.

GlobAllShare’s website domain (“globallshare.com”) was registered on the 19th of September 2012 but only lists “GlobAllShare Inc.” as the owner.

An address in London in the UK is provided, however a Google search reveals virtual offices are for sale at this address for around $200 a month.

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. [Continue reading…]


MegaMoneyHybrid Review: $10 investment scheme

megamoneyhybrid-logo

There is no information on the MegaMoneyHybrid website indicating who owns or runs the business.

The MegaMoneyHybrid domain (“megamoneyhybrid.com”) was registered on the 1st of February 2013, however the domain registration information is set to private.

It’s worth noting that a YouTube  marketing video on the MegaMoneyHybrid website has been uploaded by the account “FastCashMega1”:

megamoneyhybrid-youtube-video-fastcashmega

This indicates that whoever is behind MegaMoneyHybrid is also behind FastCashMega.

Fast Cash Mega is a Ponzi scheme launched in January 2012. Affiliates invest anywhere between $10 to $5000, with the company guaranteeing a 300% ROI.

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. [Continue reading…]



My Market Wisely Review: Christian social network?

my-market-wisely-logo

Billing themselves as ‘a Fellowship of Christian Businessmen’ who are ‘determined to live a Godly life’, My Market Wisely claim that their “mission” is

To facilitate the gathering of the true body of Christ. Provide a gathering place for the true body of Christ. Help every member achieve balance in faith, family, fellowship, finances and fun!

On their website, My Market Wisely claim to have been online since 1999, with My Market Wisely being

owned by Market Wisely Inc. A Nevada Corporation formed in 2010 for the sole purpose of generating profits for Ministry projects.

No corporate or management structure is provided on the website however a “Kevin Wise” is provided as a contact for the company, who appears to operate out of the US state of Montana.

The Market Wisely Inc. Nevada corporation seems to check out,

market-wisely-inc-nevada-business-registration

with a “Launa Sprout” listed as company President.

Curiously, several domain registration records for Market Wisely’s website show Laura Sprout using what appears to be Kevin Wise’s Market Wisely email address.

Other than Sprout being the President of Market Wisely Inc. and Kevin Wise listed as the contact of My Market Wisely on their website, the specific roles of both within My Market Wisely is not provided.

MLM history wise Kevin Wise has a YouTube account,

kevin-wise-youtube-account-market-wisely

which reveals participation (and ownership via Market Wisely) in a number of MLM companies.

  • Automatic Geek (2010) doesn’t seem exist anymore but was launched by Market Wisely as a PC Tech Support business opportunity, paying affiliates “50% everytime Automatic Geek solved a problem”
  • Hegemon Group International (HGI), who on their website describe themselves as ‘generously reward(ing) associates for building distribution, and then moving products through the distribution outlets
  • YourSmartMarketer (2012) is a $199 one-time fee and $29.95 a month recruitment driven matrix scheme, powered by a 3×12 matrix

Wise started uploading My Market Wisely videos to YouTube around September 2012, indicating that this is when the company launched.

I wasn’t able to find any further information on Launa Sprout in connection with the MLM industry.

Read on for a full review of the My Market Wisely MLM business opportunity. [Continue reading…]


MX Fast Money Review: $40 MillionaireX feeder

mx-fast-money-logo

Described on their website as ‘one of the greatest home businesses in the world‘, MX Fast Money was launched a few weeks ago and is headed up by James Lee Valentine.

james-lee-valentine

Valentine (photo right) operates his various companies out of the British Virgin Islands, a known tax haven.

Another of Valentine’s companies, MillionaireX1, was launched in 2009 and pays affiliates commissions based using a matrix compensation structure.

MillionaireX Affiliates recruit new affiliates and cycle out of a series of matrices, with MillionaireX paying them a commission for doing so.

With MillionaireX resembling a pyramid scheme and relying on a constant influx of new recruits to keep its matrices cycling, Valentine (photo right) appears to be launching new programs in an attempt to attract new recruits.

Back in November 2012 Valentine launched Supreme Wealth Alliance, which cost $55 to buy a matrix position and earn on the recruitment of others.

Five months later things appear to have stalled over at Supreme Wealth Alliance and so Valentine is back with a new scheme, MX Fast Money. Read on for a full review. [Continue reading…]


Ministry of Finance: TelexFree “not sustainable”

telexfree-logo

In mid February we reported that Brazil’s Bureau of Consumer Protection (Procon) had launched an investigation into TelexFree, an MLM scheme run out of Brazil, back in January 2013.

Procon’s investigation was concluded in February, with the bureau identifying “several controversial issues and possible crimes” in connection to the operation of TelexFree.

Following their investigation, Procon lodged an official complaint in Brazil and forwarded their findings to the State Prosecutors Office, the Minister of Finance and the Federal Police.

As of yet no information has surfaced on any action from the State Prosecutors Office or Federal Police. Brazil’s Minister of Finance however did launch their own investigation following Procon’s complaint, declaring late last week that TelexFree was “not sustainable”. [Continue reading…]



Trideci Review: UltraXProject Ponzi relaunch

trideci-logo

There is no information on the Trideci website indicating who owns or runs the business.

Trideci’s website domain (“trideci.com”) was registered on the 13th of June 2010, however the domain registration is set to private.

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. [Continue reading…]


Enwire Review: Spinglo cashback commissions

enwire-logo

There is no information on the Enwire website indicating who owns or runs the business.

Information on Enwire’s “About Us” page indicates that the company is being run out of the United Arab Emirates:

Enwire was developed as a brand to acquire the network of an older network marketing company that was founded in 2009. We are known as “Enwire Associate Network” but ENWIRE for short.

The network is managed and run from the United Arab Emirates with offices in Sweden. The network company is a wholly owned subsidiary of Enwire AB, a Swedish public company.

Whilst we have a small team of people at each office location we also have staff located in Spain, UK, and Switzerland.

Over a short period of time Enwire will expand its office base to meet the needs of its network associates around the world.

Meanwhile Enwire’s website domain (“enwire.com”) was registered on the 19th of January 2000 and lists an “Aasmund Midttun Godal” as the owner. Godal provides a Norwegian based address in the domain registration, which is interesting as Enwire don’t list Norway as a country they are based out of.

The domain registration information for Enwire’s domain was last edited on the 5th of December 2012, possibly indicating that this is when Godal acquired the domain.

MLM history wise I wasn’t able to find anything on Godal so I’m not sure if this is his first MLM venture. An Aasmund Midttun Godal does appear online in various social networks (non-MLM), however he appears to be based on Germany so I’m not sure if it’s the same person.

Read on for a full review of the Enwire MLM business opportunity. [Continue reading…]


JubiRev Review: “JubiBucks” investement scheme

jubirev-logo

There is no information on the JubiRev website indicating who owns or runs the company.

The JubiRev website domain (“jubirev.com”) was registered on the 3rd of January 2013, however the domain registration information is set to private.

A “Federal Trade Commission Compliance” notice is published on the JubiRev website, crediting ownership of the company to “JuviMax, Inc.” No further information is provided.

JubiRev’s Terms and Conditions mention that ‘arbitration shall be conducted in Whilmington, Delaware‘, indicating that the company is, at the very least, registered in the US state of Delaware.

Additional research into the company reveals that in February 2013 JubiRev affiliates promoting the opportunity named Randal Williams (also known as Randy Williams) as company President:

affiliate-discussion-randal-williams-president-jubirev-feb2013

The above screenshot is of a conversation containing a skype transcript in which Randal Williams (of Dream Style Vacations Club, Fast Profits Daily, Profit Racer, Resort Cruise Club and GoFunRewards fame) announced he was “prelaunching” JubiRev.

Supporting this was a press release put out on January 31st 2013 by William’s last MLM venture GoFunRewards, announcing he had resigned from his position there:

Dear GoFun Affiliates,

You may have already learned that Mr. Randal Williams has recently resigned as the President of GoFun Places Inc. The Board of Directors has accepted Mr. Williams’ resignation.

The Board recognizes Mr. Randal Williams’ contribution to the company at early stage and wishes him success in his future career.

GoFun Places Management Team

After the initial chatter by affiliates and GoFunRewards press release however William’s involvement in JubiRev has not been clarified. At the time of publication of this review Williams hasn’t had any public involvement in JubiRev.

A few weeks ago a “J Joshua Beistle” started to appear on JubiRev marketing videos, credited as JubiRev’s President:

j-joshua-beistle-president-jubirev-jubimax-video-march152013

On his personal blog Beistle credits himself as being an ‘Attraction Marketing and Internet advertising authority‘ and focuses his efforts on internet marketing and lead generation.

Beistle offers his services through his company MyPhoneRoom, which was launched in 2009:

myPhoneRoom is located in sunny Phoenix, Arizona. Our staff consists of highly trained and courteous professionals that are here to serve your business.

myPhoneRoom specializes in the field of lead generation follow up marketing software systems.

It’s worth noting that Beistle has worked with Randal Williams in the past, with the two launching Dream Style Vacations Club back in 2009:

randal-williams-j-joshua-beistle-launch-dream-style-vacations-club-2009

Dream Style Vacations Club doesn’t exist anymore with research indicating it was a recruitment driven MLM opportunity, paying afiliates commissions based on how many new affiliates they recruited into the scheme.

Putting two and two together, despite no mention of JubiRev’s management structure on their website, it’s highly probably that J Joshua Beistle and Randal Williams have teamed up again to launch JubiRev.

Read on for a full review of the JubiRev MLM business opportunity. [Continue reading…]