O2 Worldwide began life as Let Us Close back in mid 2015, with the Let Us Close website now redirecting to that of O2 Worldwide.

O2 Worldwide is today advertised as being ‘powered by the Let Us Close marketing system‘.

Let Us Close itself was a marketing system attached to a $40 or so recruitment scheme. Launched in May 2015, Let Us Close flopped shortly after launch.

October 2015 saw The Elite Networker launch, which also claimed to be ‘powered by Let Us Close‘.

The Elite Networker was headed up by Wallace Nunez, Dave Lear and Val Smyth, otherwise known as the guys behind the failed Total Takeover opportunity.

The Elite Networker also flopped shortly after launch, with the company’s website today redirecting to O2 Worldwide.

Listed as the CEO and Founder of O2 Worldwide on their website is Dan Putnam (right).

Affiliate marketing material linked Putnam to Let Us Close through EPX Body. It follows that he was also involved in The Elite Networker.

With the Let Us Close marketing system having failed twice now, O2 Worldwide appears to be a third attempt to attach the platform to something worthwhile.

Read on for a full review of the O2 Worldwide MLM business opportunity. [Continue reading…]

The future of Visalus appears to be on the rocks, following the revelation last Friday that 87 positions will be made redundant in March.

In a letter to the State of Michigan dated January 5th, Visalus wrote

ViSalus, Inc. has decided to substantially reduce its operations at its office located at 340 East Big Beaver Rd., Suite 400, Troy, Michigan 48083. As a consequence, ViSalus expects to eliminate 87 positions in this office on March 5, 2016.

Hardest hit are inbound and outbound affiliate support agents (51 positions), suggesting an overall slump in affiliate activity. [Continue reading…]

Running a scam out of Europe that’s about to collapse?

Before you do a runner and make off with everyone’s money, you might want to get in contact with OneCoin and see if they’ll buy you out.

In what we hope isn’t the emergence of a disturbing trend, OneCoin appears to have acquired OPN and SiteTalk. [Continue reading…]

With an affiliate-base of almost two million and an estimated three billion dollars invested, TelexFree is undoubtedly the biggest MLM Ponzi scheme we’ve seen yet.

Now, as we near the two-year anniversary of the scheme’s shutdown, the first round of clawback litigation has been filed against its top investors. [Continue reading…]

Last September Craig Jerabeck resigned as President and CEO of 5Linx. Following his departure, Jerabeck signed up with Paycation.

Paycation was founded in 2014 and operate a recruitment-driven travel niche opportunity.

5Linx went on to file a lawsuit against Jerabeck, alleging he ‘breached a contractual pact by enticing a number of 5Linx top employees to join him at‘ Paycation. [Continue reading…]

The emergence of a new Temporary Restraining Order in the TelexFree civil case has left me stumped.

I’m still trying to suss out what’s going on, but for now here’s a breakdown of what we know. [Continue reading…]

The long-running contempt feud between the SEC and Rodrigues looks set to be resolved one way or another, with a decision on whether Rodrigues should be incarcerated before the court.

Working against a January 15th repayment deadline, Rodrigues on the 14th filed a proposed stay of the contempt proceedings against him. Submitted with the proposal was a payment plan, which suggested Rodrigues could pay off $474,503 by selling motivational books and videos.

The FTC has staunchly opposed Rodrigues plan in a response filed earlier today, labeling it “ill-defined” and “too little too late”. [Continue reading…]

In November last year BK Boreyko requested court-approval to sell of his share in AZPACK Properties LLC.

The FTC objected to the proposed sale, on the ground that AZPACK Properties was a holding company for real-estate properties. The FTC contended that the sale of Boreko’s share in AZPACK violated the terms of the Vemma preliminary injunction in place, which prohibit Boreyko from selling off real-estate.

Boreyko argued that he was just selling shares in an LLC, which in and of itself was not tied to any specific real-estate.

Judge Tuchi finally made a ruling on the matter earlier today, denying Boreyko’s proposed sale in full. [Continue reading…]

Amid questions of why Boreyko sat on his proposed short sale for six weeks before notifying the SEC, and whether or not the short sale of property would violate the terms of the Vemma preliminary injunction, the likelihood of Boreyko’s proposed short sale being granted were slim.

With a requested transaction date of January 18th, Boreyko had requested an expedited decision on the matter. This request was granted, with Judge Tuchi today denying Boreyko’s short sale proposal. [Continue reading…]

InCruises operate in the travel MLM niche and are currently in prelaunch.

The Incruises website lists a corporate address in the US state of Florida, which the company claims is

the address we use for all legal filings and customer mailings (if any). Our customer service staff works from this location.

We also have an office (not publically (sic) listed) where we house our in-house finance, operations and technology teams.

We also have a recording studio we manage from another non-listed location. We do not want to list these addresses on our site to avoid impromptu visits from distributors.

On the management side of things InCruises is headed up by Michael Hutchison (right) identified as Founder and CEO. Hutchison works out of an executive office in Orlando, Florida.

On his LinkedIn profile, Hutchison claims to have had his “share of failed start-ups”. Despite an extensive list however, no MLM companies appear in Hutchison’s provided employment history.

I ran a few searches myself and nothing turned up, suggesting InCruises is Hutchison’s first MLM venture as executive.

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