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…]

Back in March of 2011, the Norwegian Gaming Board upheld its original declaration that, after investigating the business model and products of Wealth Masters International, the company was nothing more than a pyramid scheme.

In response to the Gaming Boards decision, Wealth Masters launched an appeal accusing the Gaming Board of ‘colluding with a Norwegian blogger in order to ‘smear, libel and discredit WMI’.

Upon receiving the appeal, the Gaming Board ‘found no reason to reverse its decision‘ and in July 2011 forwarded Wealth Master’s  appeal and WMI’s complaints to the Lottery Board for consideration.

In September Wealth Masters, being represented by Prashant Rørvik after firing their previous lawyers Helleroy and Co., submitted additional information to the Lottery Board they hoped would further clarify their complaints against the Gaming Board’s decision. [Continue reading…]

Traditionally a daily deals website offers a variety of deals to a large number of users. Over time this has become extremely localised as businesses demand more for their advertising dollar, with daily deal sites having to provide extremely targeted solutions to the businesses that use their platforms.

Some of these daily deals websites have tried to attach the model to a MLM compensation plan structure with most of them using the MLM business model to increase membership (recruitment commissions), rather than focus on the core of  what makes a daily deals website succesful. That is,  use of the featured deals themselves by members who aren’t interested or attached to the income opportunity.

Entering the market with a somewhat different approach of utilising the daily deals niche like an affiliate network comes Beget. Read on for a full review. [Continue reading…]