Wealth Masters International, who credit themselves as being ‘the world’s premiere wealth creation community’, take pride in helping ‘others create maximum wealth, health and wisdom, as well as experience success as they choose to define it‘.

To do this, the company hedge their wealth education primarily on the predictions of ‘the Nostradamus of investing‘, Kip Herriage. Herriage, who is the CEO and co-founder of Wealth Masters steers the company through the murky financial waters of todays economic environment and at a grass-roots level fundamentally dictates what Wealth Masters preaches to its members.

Even someone as famous as Nostradamus still had his shortfalls though,  so just how accurate is Herriage with his financial predictions?

Today, I attempt to answer that very question. [Continue reading…]

When it comes to information there’s always going to be a need to keep some information private. Whether its personal records, business data, sensitive financial records or trade secrets… there’s a whole bunch of reasons people and businesses need to keep their information secure and private.

Traditionally this would be done in a safe but with the advent of computers and digital storage, along with the internet, it’s getting harder and harder to secure data.

Obviously the most secure network is an offline system that only you can access, but for most people and companies this is hardly practical. Your other options?

Either host the data yourself and personally guarantee it’s protection and access along with the risks involved, or hire a third-party to store your data for you securely.

With high-speed internet access, the hassle-free nature of deployment and easy integration of cloud storage in existing business operations, an entire industry has popped up aiming to convince individuals and businesses to trust them with their information that needs to be safely secured, but still accessible.

One such company is Rolution, who have taken the concept of secured cloud storage and combined it with a MLM style compensation plan.

Read on for a review of the Rolution business opportunity. [Continue reading…]

Earlier this year Wealth Masters International went through quite the regulatory smackdown in Norway.

The charge, led by the Gaming Board of Norway, was that Wealth Masters was nothing more than a pyramid scheme. After an internal investigation, the Gaming Board found that

1. Revenues in WMI primarily come from the recruitment of members, not the sale of products.

2. One must give consideration to achieve revenues in the WMI.

3. The cost to be a member of WMI and to purchase WMI’s products are clearly overpriced.

4. WMI has a pyramid-like trading system.

Ultimately, the Gaming Board concluded that WMI was in violation of Norway’s Lottery Act, specifically Section 16;

It is prohibited to establish or participate in pyramid systems, luck chains, chain transactions or similar enterprises where money or other values are ultimately traded among an indeterminate circle of people.

Following this decision, WMI initially came out guns blazing (they of course accused the Gaming Board of collusion and libel) and despite the appeals the Gaming Board upheld their original findings.

Currently Norwegians are waiting on the Gaming Board to make their final announcement on Wealth Masters. Given the track record this is almost certainly going to be an upholding of their previous rulings, that Wealth Masters is just a pyramid scheme.

In the meantime, support for the Gaming Board’s decision popped up in the most unusual of places. [Continue reading…]

In MLM, true success is impossible without the generation of leads. Leads provide retail sales and leads provide you an opportunity to expand your business.

Without them, you’re not getting anywhere.

As such, a market has developed around the generation of leads and marketers attempt to come up with new and cutting edge ways for their once fellow marketers to generate leads.

Two such marketers are James Stone and Ralph Martin and today we’re going to take a look at his lead generation system, Lead Gusher. [Continue reading…]

Nutrition, skin-care and weight management. Not exactly things I’d associate with anti-virus software for my computer… but that’s exactly the latest product offering MLM company NuChoice have added to their existing product range.

Launched with as a separate NuChoice division under the name ‘Emmutec’ and featuring a separate compensation plan, Emmutec is NuChoice’s attempt to branch out in the technology sector.

Can a 9 year old MLM company previously specialising in nutrition, skin-care and weight management successfully branch out into anti-virus software market?

Let’s find out. [Continue reading…]

Founded in 2002, NuChoice is the continuation of John and Catherine Edwards work in the cosmetics, health and nutrition industry.

Going back to 1982, the Edwards (photo below) launched their own cosmetics company. Reportedly, in five years this business was making $50 million a year in sales.

Then, and I’m not entirely sure why, in 1992 the Edwards abandoned this company and joined a direct sales ‘nutritional and skin care company’.

In 2002, they launched their own MLM company, NuChoice. NuChoice combined the last thirty years of direct sales experience the two had between them and brought together products the couple were familiar with.

Today we’re going to take a look and review the NuChoice business opportunity. [Continue reading…]

‘The Greatest Vitamin in the World’ was a MLM company focused around the sales of a multi-vitamin… supposedly the greatest one in the world.

Run by Donald Lapre (photo right), the basic idea was that you paid your $35, recruited other people into the business and then took home commissions ranging from $1000-$5000 with up to 50% in matching bonuses on those you directly recruited.

The Greatest Vitamin in the World collapsed sometime in 2008, and following the collapse Lapre seemingly spiralled into a run of promoting increasingly dodgy looking business opportunities.

By 2011 the law had finally caught up with Lapre and

in June 2011, Lapre was charged with 41 counts of conspiracy, mail fraud, wire fraud, and promotional money laundering.

After originally failing to rock up to court, Lapre was subsequently arrested in late June.

Prosecutors handling the case alleged that

investors and customers spent nearly $51.8 million, but received just $6.4 million in commissions.

Between 2004 and 2007, they say, Lapre himself took in at least $2.2 million from the business.

Lapre himself consistently denied the charges and maintained his innocence.

In the face of allegations accusing him of defrauding 220,000 people to the tune of $52 million USD, yesterday Donald Lapre chose to commit suicide. [Continue reading…]

This morning I read Ashok Bahirwani’s 2nd October 2011 AISPA update.

As usual, whilst Bahirwani’s report does contain some useful information and clarification, it’s still riddled with mistruths, distortions and at times completely false allegations.

I’m starting to think dissecting Bahirwani’s updates might make for a regular feature on BehindMLM. [Continue reading…]

Despite vehemently denying the fact that Speak Asia wasn’t just making up its surveys and relying on new membership fees to generate profit, it has come to light that Speak Asia’s surveys were indeed ‘sourced mostly from Wikipedia and other sites on the Internet‘.

A far cry from the corporate clients the company claimed to have and subsequently vowed to protect the names of in the interest of competition.

Although Speak Asia supporters claim investigations by the EOW are going nowhere and have assured themselves of a landslide victory in court over the next few weeks, evidence to the contrary continues to inconveniently surface. [Continue reading…]

A recent trend in MLM opportunities these days is to offer training products (usually ebooks) to help internet marketers market other opportunities.

This works to the advantage of the company offering the training in that if things don’t work, they can always suggest it was the opportunity the marketer was trying to promote that was the problem, rather than a failure of the training tools they are providing.

Putting aside the rather disturbing trend in MLM to pair dubiously legal matrix based compensation plans with rehashed training tools of late, one common part of the equation that’s missing from these opportunities is an online platform to get started.

You can have all the internet marketing training tools in the world, but if you’ve got none of the technical knowhow, not even a helping hand to guide you, then you’re not going to be able to apply any of it.

HostThenProfit seeks to bridge that need by combining web hosting along with a series of internet marketing tools.

Designed to be a complete internet marketing solution for those in MLM, today we’re going to review the HostThenProfit business opportunity. [Continue reading…]