Breaking his silence on the FTC illegal pyramid scheme complaint filed against Vemma, Founder and CEO B.K. Boreyko has finally addressed his “Vemma faithful”.

Wrote Boreyko on Facebook a few hours ago;

Hello Vemma faithful –

Just wanted to clear up a couple of phone calls I’ve received about moving to other companies.

Although I know there’s panic out there, I want you to hear it from me…hang tight. We have a hearing scheduled for September 3rd. I think we’ll win. Until then, I know you want to do the best for your teams and that’s a sign of great leadership.

I will and have always complied with the court’s order in this matter. I’m the kind of guy that would never violate the terms of that order.

If you hear anything different, tell them you talked to me and I said buckle up because there’s great things ahead for Vemma!

Indirectly, Boreyko appears to have broken his silence to address a rumor going around about his position on the FTC complaint. [Continue reading…]

You’d have to be living under a rock to have missed the FTC’s product-based pyramid scheme complaint against Vemma.

Filed earlier this week, the FTC allege that through autoship, Vemma are nothing more than a $200 million illegal pyramid scheme.

Retail sales are believed to be non-existent, with the company’s affiliates instead trained to sign up for autoship themselves and then recruit other affiliates who do the same.

As we wait for a September 3rd hearing to decide the fate of Vemma, now a warning from the FTC to other MLM company’s operating in a similar manner. [Continue reading…]

Passport4Success launched in mid 2014 and are based out of the US state of California.

The company operates in the MLM penny auction niche, with Ruben Rivera credited as the Founder and Lead Distributor of the company.

Why Rivera (right) doesn’t hold an executive management position within Passport4Success is unclear.

According to Rivera’s Passport4Success bio:

It was while he was with McDonnell Douglas that he was exposed to Network Marketing through a friend and saw the tremendous potential of the industry.

He is a seasoned network marketer of over 22 years building massive organizations in the tens of thousands. He has been on the corporate side of multi-level marketing for over 7 years.

Prior to Passport 4 Success he was the VP of sales for a $900 Million dollar multi-level coffee company overseeing daily operation.

The coffee company referred to above is Organo Gold. Why or when Rivera left Organo Gold is not clear.

Read on for a full review of the Passport4Success MLM business opportunity. [Continue reading…]

There is no information on the Icon Sachs website indicating who owns or runs the business.

The company does have a “history” and “team” page, however only the following vague marketing spiel is provided:

Icon Sachs is the result of the meeting between a group of sophisticated investors that met in Geneva, Switzerland during mid 2000.

Among this group, two gentlemen from Switzerland had worked for large investment banks and hedge funds, one had experience from the trading floor in Frankfurt, and two more were asset managers working out of Dubai.

The group decided to put together a combination of products into a Structured Leverage Product: a combination of bank guarantees and bonds in the base, but with a big portion of leverage product on the top.

They tested the product with some of the investment banks in Geneva with a fantastic reception. The group formed the internal project “Icon Sachs Sophisticated Investors of Dubai” in 2010 and invested own money.

In 2015 they decided to make the information about these products available to the public. Education packages were created and are now sold from Icon Sachs.

The Icon Sachs Limited website domain (“iconsachs.com”) was registered on the 2nd of April 2015, however the domain registration is set o private.

Icon Sachs appears to be primarily marketed in Europe, with Alexa currently estimating that Sweden and Switzerland make  up a combined 100% of the traffic to the Icon Sachs domain.

It is therefore highly likely that Icon Sachs is being run out of one of these two countries.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. [Continue reading…]

Although it was more of a pitch for Jeunesse by Luke Hessler, a former top earner in Vemma, Alex Morton did speak for a good fifteen minutes in an attempt to clear the air.

The platform of choice was a two-part Periscope video titled “The Truth Call” parts 1 and 2.

Hessler waffled on for the first part of the call and start of the second (he referred to it as the “decision call”), with Morton taking over about a quarter of the way through.

Like I said, it was mostly a pitch for Jeunesse (Hessler has ditched Vemma for Jeunesse following the FTC bust), but Morton did reveal some backstory to his own decision to leave Vemma. [Continue reading…]

With the FTC alleging Vemma is a $200 illegal pyramid scheme, a big question mark now hangs over the credibility of their top income-earners.

To what extent are they complicit in the fraud carried out? How much are they responsible? How much did they earn and should they be made to return the funds they defrauded consumers out of?

Today we take a look at perhaps the most prominent of examples, former Vemma poster-boy Alex Morton. [Continue reading…]

Thought we’d have to wait for Friday for this, but the FTC complaint against Vemma has now been made public.

Here’s the details… [Continue reading…]

As first reported by BehindMLM in mid July, Darryle Douglas is gearing up to launch a new penny auction venture he’s calling Auction Attics.

The problem?

Darryle Douglas owes victims of the Zeek Rewards Ponzi scheme over two million dollars… and he’s looking to market Auction Attics with a Zeek Rewards victim database he doesn’t own or have the rights to.

Douglas’ recent marketing efforts have now attracted the attention of the Zeek Rewards Receiver, who is decidedly not impressed with Douglas and his Auction Attics antics. [Continue reading…]

As per a marketing video on the Traffic Authority website, the “brain trust” behind the company are Chad Stalvey (full name John C. Stalvey), Greg Chambers, and Doug Wellens.

Stalvey, Chambers and Wellens run Traffic authority through Streamlined Marketing Systems, which is based out of the US state of Florida.

Streamlined Marketing Systems first popped up on BehindMLM’s radar as the company behind Infinite Leverage System.

Infinite Leverage System launched in late 2014 and saw affiliates and customers pay over $4000 for traffic packages.

Retail was possible but unlikely, with Infinite Leverage System affiliates also paid to recruit new affiliates.

Despite being launched as a fully fledged MLM business opportunity, Infinite Leverage System is now being referred to as a “beta launch” that took place last year.

A marketing video on the Traffic Authority claims the beta was a “total success”, begging the question then of what happened to it?

Today the Infinite Leverage System MLM opportunity website redirects to that of Traffic Authority.

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

Although not formally reviewed on BehindMLM, it’s no secret that much of the criticism directed at Vemma stems from their affiliate recruitment business model.

Without going into specifics, the gist of it is you sign up as a Vemma affiliate with a monthly autoship and then recruit others who do the same.

Retail sales in this model are virtually non-existent, with affiliates instead getting paid with funds sourced from their recruited downlines (via autoship).

This has now attracted the attention of the FTC, who according to Troy Dooly served Vemma a formal complaint on Monday. [Continue reading…]