10LevelRiches: William Pattison’s new matrix scam
When I sat down to research 10 Level Riches, it wasn’t long before the name William Pattison popped up.
William Pattison, now where have I heard that name before…?
A quick Google search led me back to BehindMLM and an opportunity that I’d reviewed back in March this year, The Final Matrix.
In short, the Final Matrix is an MLM opportunity that pays out commissions solely on the recruitment of others and offers members the opportunity to publish text and banner ads to their fellow members, along with the standard trashy ebook downloads downloadable training tools usually made available with such schemes.
In other words you can completely ignore the Final Matrix’s products and just recruit people to earn money… and we all know what that is.
Turns out The Final Matrix wasn’t so final after all and Pattison is back with yet another matrix based opportunity. Is 10 Level Riches any more legit than The Final Matrix was?
Let’s find out. [Continue reading…]
TVI Express seeks legality by ‘redefining terms’
When we last checked in on TVI Express in Namibia, the Bank of Namibia had declared TVI Express to be a pyramid scheme.
In response to this, Namibian TVI members threatened legal action against the bank. Laughing it off, the Bank of Namibia (BoN) fired off yet another press release warning the Namibian public about joining or participating in TVI.
Putting the lawyers away, this time TVI members claimed that the bank itself had no jurisdiction over them because in Namibia, TVI members were all operating as sole traders.
That didn’t hold up either and that prompted the lawyers to be dragged out again, this time claiming that ‘TVI Express does not take funds from the public‘.
An MLM company that charges membership fees and doesn’t receive funds from the public?
Hilarious!
That was back in November 2010 and since then, things have been relatively quiet over in Namibia regarding TVI. Well, that is until a few days ago the BoN decided to officially maintain ‘its position that the popular Travel Venture International (TVI) Express is a pyramid scheme‘.
Cue angry mobs and fireworks! Only this time, Namibian TVI Express member’s defence of the company is even more ludicrous. [Continue reading…]
Javita August incentive focus on recruitment drive
When I first reviewed the Javita MLM business opportunity, I reflected that despite having a compensation plan that incorporated product sales on a retail level (business volume), the door was wide open for members to simply place new recruits on auto-ship and hope that one of them eventually made it.
In doing so the recruiting member can rely on Javita’s FastStart bonus and the residual income provided from new member’s autoship requirements.
This naturally isn’t a longterm strategy for success with Javita, but is possible (there’s no compensation plan disincentive to not do it) regardless. That said, it was entirely up to Javita on how they were going to market themselves.
They could either play the recruitment numbers game or focus on establishing themselves as a long-term MLM market player with a solid product that sells itself.
Shortly after reviewing Javita I was then disappointed to see that Javita’s marketing arm, Javanomics was marketing Javita on the premise of earning ‘$16,000 per month to your income by finding one person per month by sharing coffee?‘
The basic concept being marketed was that if you enrolled one person a month into Javita, and in turn got them to enroll one person a month (exponentially), at the end of 12 months you’d be making over $16,000 alone on autoship commission payouts.
The downside?
Through your efforts you’d have recruited (directly and indirectly) 4096 members to Javita who would all be out there over the next twelve months trying to replicate your results.
It’s pretty much a no brainer to see how that’s unsustainable over the long term (not to mention completely removes any significance of Javita’s product line from the business model of the company).
At the time, I concluded that
whenever an autoship component is involved it’s always a fine line between relying on it and utilising it to derive an income.
In the case of Javanomics latest marketing material, clearly they and by proxy Javita have no problems with their members solely relying on recruitment to build their businesses.
Launched back in June 2011, this was the first marketing effort from Javanomics (Javita’s marketing and training arm) and I hoped at the time wasn’t a reflection of the direction Javita’s marketing and training incentives were going to take.
If the latest marketing effort by Javanomics is any indication though, it looks like recruitment is going to take centrestage over a product driven marketing approach. [Continue reading…]
Sam Fawahl threatens over PreLaunch Australia link
A few days now I started to research a new MLM opportunity that had just begun its prelaunch. Starting around the 25th of July, PreLaunch Australia hit the internet with a mysterious and much hyped up web campaign.
In the niche of covering MLMs and naturally curious, I set about investigating the website, trying to establish exactly what they were representing and who was behind things.
After a tipoff from Troy Dooly from over at MLM HelpDesk which provided an email address listed on the WHOIS information for the PreLaunch Australia website’s nameservers, all signs pointed to a Sam Fawahl (photo right) as being behind the scenes.
This was further confirmed by his Twitter feed (Fawahl just happened to be co-incidentally promoting Pre-Launch Australia), as well as the connection to Fawahl’s The Beehive Strategy, which is the ‘income strategy’ mentioned on the PreLaunch Australia website.
Without getting into too much more (you can read the full writeup here), fast forward a few days and it seems Fawahl isn’t happy about being outed.
Yesterday morning Sam Fawahl sent me the following email; [Continue reading…]
Is AdMatrix part of the Speak Asia Scam?
In connection to the current drama unfolding over Speak Asia’s legal battles in India, a few days ago a rather vague description of a possible connection with a Holland based company flew onto my radar.
Reported by the Indian Express, they claimed that
the money trail of the Rs 600 crore that was allegedly transferred by the founders of the Speak Asia multi-level marketing scheme to a Singapore bank in the past 12 months has at least one account in the name of an alleged Holland-based advertisement ponzi scheme operator; giving an indication that the operation may have been on a global scale.
Interesting.
Wondering why they hadn’t just named the ‘Holland-based advertisement ponzi scheme‘, my mind immediately flashed back to a review I did back in July on AdMatrix.
Based out of Holland, AdMatrix is a matrix based recruitment driven MLM company operating in India.
With 6 out of the 7 components of the compensation plan relying on recruitment (and a six month wait to turn a profit if you don’t recruit anyone), this ultimately led me to believe that AdMatrix’s business model is unsustainable over the long term.
Getting back to Speak Asia though, despite knowing about AdMatrix, without further clarification I was hesitant to suggest it was the company in question. As far as I knew AdMatrix President Anne Wessel had nothing to do with Speak Asia Global CEO Harendar Kaur and there was no reason to suspect otherwise.
Well, that is until today when AdMatrix was publicly named and shamed as being involed. [Continue reading…]
Bajpai Arrest: Speak Asia CEO Manoj Kumar responds
Following the arrests of Speak Asia’s Chief Operating Officer Tarak Bajpai and three other senior members, the big question on everybody’s mind has been ‘where is Speak Asia’s Indian CEO Manoj Kumar and Global CEO Harendar Kaur?’
With Kaur based out of Singapore, to date she herself has not released an official statement addressing last Friday’s arrests, nor has she come out of hiding – despite being wanted for questioning by Mumbai’s Economic Offenses Wing (EOW).
Manoj Kumar on the other hand, despite like Kaur still remaining at large despite being wanted for questioning, released a video yesterday addressing the recent Mumbai arrests.
Typically, as I’ve come to expect from anything Speak Asia put out, Kumar’s video is high on unsubstantiated rhetoric and misdirection. [Continue reading…]
EXPOSED: PreLaunch Australia is MyShoppingGenie!
Yesterday I wrote about the mysterious business opportunity ‘PreLaunch Australia’.
Due to a complete lack of information provided on the PreLaunch Australia website, I did my best to review the opportunity with what little information was provided.
To cut a long story short, I suspected that the PreLaunch Australia opportunity would have something to do with marketing and advertising.
Paired with a ‘technology company’, it was also highly likely that in terms of PreLaunch Australia, you’d most likely be looking at some form of lead generation.
Turns out I wasn’t far from the mark. [Continue reading…]
Prelaunch Australia: An Income strategy product line?
The highest distributor payouts in the world.
A strategy designed not to leave anyone behind.
The potential to profit from everyone who joins after you.
Doubling your income every seven months with no extra effort at all.
The largest global prelaunch in history.
Don’t watch our global success happen, be apart of it.
-Prelaunch Australia July promotional video
The above are just some of the claims currently being used to promote the relatively new PreLaunch Australia MLM business opportunity.
Sounds dodgy? You betcha! So today I’m going to take a look at who PreLaunch Australia are, what their product is and who’s backing them.
Note that at this stage information about the company is scarce (a giant red flag in itself) but this is probably as close to a review as your going to find. Well, that is until whatever PreLaunch Australia are going to call themselves once they launch, actually launch. [Continue reading…]
Speak Asia COO Tarak Bajpai arrested in Mumbai
As has been well documented, over the past two months numerous Indian regulatory authorities have been conducting investigations into Speak Asia.
Following the overturning of a restraining order filed by Speak Asia earlier in the week which allowed India’s Criminal Investigation Department (CID) to again freeze their accounts, news comes in today that Speak Asia’s Chief Operating Officer (COO) Tarak Bajpai has been detained.
In what was originally thought to be only detainment for questioning, Speak Asia themselves have confirmed that Bajpai has been arrested by India’s Economic Offenses Wing (EOW) of Mumbai and will be charged. [Continue reading…]
Deanna Latson quits WMI. What will happen to PURE?
Back in November last year, Wealth Masters International made the announcement that they would be branching into both nutrition and finance. Under the branding Opes Partners and WMI ‘PURE’ respectively, both divisions were set to launch in 2011.
Opes Partners seems to have launched quietly in the first half of 2011, but has received minimal promotion or marketing from Wealth Masters themselves. All in all, Opes Partners is not marketed to new prospects nor is it featured prominently on their website – it’s thus far been pretty much a failure as far as being an asset to the MLM side of WMI goes.
PURE on the other hand, headed up by Deanna Latson was originally announced to launch in the first quarter of 2011, but this was later pushed back to September 2011.
In May, Latson accepted full responsibility for the delay;
The launch delay is 100% my responsibility as I am putting together the scientific board of advisors and it is taking much longer than anticipated. Most of the advisors are MD’s and it takes a lot of time and negotiation.
With a new launch date of September, things seemed to be progressing smoothly and on track.
Well, that was until last week Deanna Latson made the announcement that she’d not only resigned as CEO of PURE, but has gone one step further and severed all ties with Wealth Masters International. [Continue reading…]