Over the past few weeks there’s been a lot of speculation as to what Zeek Rewards plans for compliance are.

Along with announcing that they were going to force all members to undergo a compliance course (at cost to their members), Zeek also made a big deal about the partnerships they’d gotten into with a bunch of lawyers – presumably in an attempt to assure their members that they were serious about the business addressing its compliance issues.

The latest news is that Zeek Rewards have banned any and all promotional material not authored by the company themselves, with the company threatening to terminate the accounts of any members who break this rule.

That and under the name ‘Zeek Squad’, the company is actively enrolling its own members to police the internet and report Zeek Rewards members they find breaking Zeek’s new compliance rules.

One thing you’ll notice is that, despite Zeek Rewards’ business model essentially operating as an investment scheme, rather than address why this is by going over their own business model, Zeek instead have cracked down on its members.

Members who, upon joining the company and working within the business model Zeek use, are simply advertising the Zeek Rewards business opportunity for what it is.

I’m no lawyer with a fancy degree, nor am I member of Zeek Rewards (you don’t have to be to understand any analyze the business model), but it strikes me that with a few simple changes, Zeek Rewards could not only ensure complete and total compliance from its members – but simultaneously put to rest the main problems critics have with the business model. [Continue reading…]

Much has been made of the links between the two scams Mister Colibri and Speak Asia.

Mister Colibri is a recruitment scam currently operating in Brazil that was founded by Seven Rings International, funded by founders Manoj Kumar and Elia de Prisco (named as primary investors and co-founders by Mister Colibri members).

Manoj Kumar today serves as the CEO of Speak Asia, currently being investigated in India for running the “largest MLM fraud in Indian history”, as per the Economic Offenses Wing, who are just one of the many government agencies investigating the company.

Meanwhile Elia de Prisco is pretty much the public face of Mister Colibri in Brazil and appears to be running things over there.

Both men serve on the management team over at Seven Rings International, but despite these strong links, Manoj Kumar insists on denying that he has any involvement in Mister Colibri, through parent company Seven Rings International or otherwise. [Continue reading…]

Of late there have been a seemingly endless stream of investment schemes launched with a MLM compensation plan attached to them.

Common to all these investment schemes is the problem that 100% of the commissions (effectively a return on the amount invested in the scheme) are generated from the money members invest into the scheme.

Mathematically you can’t pay out more than 100% of what goes in and with no other apparent revenue generation, you pretty much have yourself a Ponzi scheme waiting to collapse.

Attempting to try something different comes InnoCashAds, read on for a full review. [Continue reading…]

Q: What’s more unsustainable than a 3% daily guaranteed ROI Ponzi scheme?

A: A 4% daily guaranteed ROI Ponzi scheme!

Read on for a full review of the 4 Daily Pay MLM opportunity. [Continue reading…]

After a cancer diagnosis which you survived, you then went on to found a candle company and for a few years tried to market $225 candles. You probably made a few sales but eventually decided there just wasn’t a big enough market for ‘luxury candles’.

So, after hunting around the internet for some alternative business ideas you stumble across MLM, recruit a few people and bing-badda-boom make a few bucks.

Combine your candle business with a MLM compensation plan and your cancer survival story… and that’s pretty much what you’ve got with the Power of 31.

Read on for a full review. [Continue reading…]

For as long as I’ve we’ve been following Speak Asia, their domain registration data has always stated that the company’s office are in Singapore.

As of a few days ago, the domain whois registration data for speakasiaonline.com was listed as

Speakasia Online Pte. Ltd.

71 Bukit Batok Crescent #10-08

Prestige, Si 65807

Telephone: +65.91234567

Fax: +65.91234567

Email: support(at)speakasiaonline.com

with a last modified date of 19th December, 2011.

Sometime in the last 24 hours however Speak Asia’s domain registrar GoDaddy, have suspended the speakasiaonline.com domain citing “invalid whois information”. [Continue reading…]

Network Marketing VT’s sales pitch is heavy on two points:

1. you don’t have to personally sell anything (or even speak) to anyone to earn money
2. the entire system is automated

Whilst both of these statements are technically true, throw in the fact that Network Marketing VT pay a 100% commission and between these three points you’ve probably now got more questions about the business than answers.

Read on for a full review of the Network Marketing VT MLM opportunity. [Continue reading…]

3 Daily Cash claim to be a MLM company that offers advertising packs for members but at the same time offers members a 150% return on their “purchase”.

So which is it, a product purchase or an investment?

Read on for a full review of the 3 Daily Cash business opportunity. [Continue reading…]

Touting something called ‘Ignition levels’ comes William Pattison’s latest recruitment based scam, 2xWow.

Pattison (also known as Will Pattison) has been launching scam after scam for a while now as part of his ‘Downline1Network’. Like the rest of the scams Pattison has launched, 2xWow can be boiled down to a simple recruitment game.

Read on for a full review of the 2xWow MLM opportunity. [Continue reading…]

Ricochet Riches go out of their way to claim that they aren’t a high yield investment program (HYIP),

Q: Is RicochetRiches.com an HYIP?

A: Absolutely NOT. Ricochet Riches is a Marketing Network that includes multiple programs that provide several advertising venues to help people promote their primary business.

We also offer commissions for those that promote RR and bring in new members, as well as sharing part of our profits (dependent on retail advertising sales throughout the RR Network) with our members that purchase Advertising.

We are not now, never have been and never will be any kind of investment program.

Unfortunately for them it appears they don’t seem to quite get their own business model, or they think their members (and anyone who goes over their business model and doesn’t swallow the kool-aid) are complete morons.

After analysing Ricochet Riches’ business model, concluding that they are anything but an investment program is both delusional and intentionally deceptive.

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