Yesterday saw the mediation settlement conference between TelexFree and Acre’s Public Prosecutors take place and, not surprisingly, nothing came of it. [Continue reading…]

The Click Dot Ad website contains no information on who owns or runs the company.

The Click Dot Ad website domain (“click-dot-ad.com”) was registered on the 29th of August 2013, however the domain registration is set to private.

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…]

After weeks of promising to reveal a “really good” revenue-sharing that MLM opportunity that everyone was welcome to invest in, a somewhat unexpected message appeared today over at ZTeamBiz.

November 13, 2013

Fellow Zeeker’s,  this is our final posting. As you know the goal was to assist the people of Zeek Rewards, and provide relevant information relating to the Zeek Receivership.

What? This from the guy who solicited donations to fight the Zeek Receivership and SEC, pledged his unwavering support for revenue-sharing MLM Ponzi schemes over the past year and a half and, only just last month, declared he was bringing Ponzi back Justin Timberlake style?

Robert Craddock, say it isn’t so! [Continue reading…]

It’s hard to get a sense of what happened between Bidify and the payment processor Towah. Starting around mid to early 2012, Bidify affiliates began reporting problems with getting their money out of the payment processor, who cited some investigation that could take “540 days” to get resolved.

The details of this investigation are sketchy and I don’t think Towah have ever actually clarified what it entailed. At least not in any great detail.

Regrettably the current situation between Bidify and Towah is rather extensive and due to sensitive information, there is unfortunately a limit to the amount of material we at this point can go public with.

Nonetheless what we are able to inform is that this is the result of two substantial incidents with Bidify;

The first being the changes made to the Bidify compensation plan, which led to a series of dissatisfied members who approached their banks and claimed to be victims of scam.

Shortly thereafter the second incident happened, where Bidify suffered a massive fraud attempt by the usage of multiple fraudulently credit cards.

The severity of these two events led to all accounts with our Cooperating Bank and Business partners to be frozen, and in the worst case scenarios it will be frozen for up until 540 days.

Thereafter a mistake was made in which allowed Bidify to keep running their compensation on paper, however the bank kept and still do keep the funds frozen, which in real terms means members are not able to use their existing Towah Funds.

Unfortunately we did not foresee the severity of these situations, and where therefore late in putting an end to the compensation payment made from Bidify to Towah Club Accounts.

Meanwhile Bidify affiliates were effectively cut off from the funds they’d invested into Bidify, as Bidify simply handballed the problem off to Towah and attempted to carry on business as usual.

Fast forward a year and a half later and other than Bidify changing its name to MyCenterBid, not much has changed. Echoing the furstrations of Bidify affiliates, now a British bank has also had enough. [Continue reading…]

Massive Ad appears to have launched in mid 2013 and operates in the advertising MLM niche.

There is no information shared on Massive Ad’s website (“massivead.com”) about who owns or runs the business, with the company only providing the following statement on their “Who we are” page:

 Massive Ad is owned by an international Company.

The Massive Ad website domain was registered on the 2nd of February and lists a “Morris Lee” as the domain owner, operating out of London in the UK.

A second name also appears on the registry entry, a “Mont Fleuri” operating out of Mahe in Seychelles.

A marketing video on Morris Lee’s Google Plus profile page provides a third location, stating that ‘Massive Ad is registered in Hong Kong, as well as Seychelles‘.

No further information about these registrations is provided on the Massive Ad website.

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…]

One Thor launched in November 2013, with a “Misael Martins” credited as the President of the company on the One Thor website.

Misael Martins appears to be one of Brazil’s top TelexFree affiliates, with a Google search revealing a ton of TelexFree marketing material mentioning him by name:

Martins appears to rely heavily on exotic cars in his TelexFree marketing efforts. Martins is also credited as a “top 10” affiliate in official TelexFree marketing videos:

Further research revealed One Thor affiliates relying heavily on Martins association with TelexFree to pitch the new opportunity. A marketing pitch example from one affiliate is reproduced below:

One of TelexFree’s leading affiliates (Sr Misael Martins) enters the Brazilian market on the day 11/09/2103.

One Thor promises to be the new wave of MLM world, with high earnings and even franchises.

The One Thor website domain (“onethor.com”) was registered on the 6th of October 2013, the domain registration however is set to private.

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

Just days after Judge Reynaldo Fonseca openly declared in court that BBOM was indeed a pyramid scheme, another Brazilian Judge has prohibited the Ministry of Finance from further investigating the company.

Why?

Jurismydiction. [Continue reading…]

The LiveAdHits website domain (“liveadhits.com”) was registered on the 12th of October 2013, however the domain registration is set to private.

The LiveAdHits website doesn’t explicitly provide information on who owns or is running the business, however they do mention that the admin’s names are purportedly ‘Mike,Roberta,Bobby,Ron and Andrew‘.

To tell the truth we have mostly joined the hyip and mlm companies. Roberta Mike and Bobby also run 2 successful businesses. We have been part of a few revenue sharing until now (as members).

Referring to themselves as “the dream team”, the LiveAdHits admins claim to have launched both “Pro Matrix Plus” and “Pro Matrix Advanced” prior to LiveAdHits.

Both Pro Matrix opportunities appear to be recruitment-driven schemes, with Pro Matrix Plus requires affiliates to purchase $25 positions in a matrix. Pro Matrix Advanced also uses matrix, but raises the minimum cost of participation to $200.

Both schemes, at least according to their Alexa website statistics, appear to be in decline.

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

There is no information on the Cycler Passive website indicating who owns or runs the business.

The Cycler Passive domain (“cyclerpassive.com”) was registered on the 18th of October and lists a “Roy Robertson” as the domain owner. An address in Australian state of Western Australia is also provided.

I was unable to find any further information on Roy Roberston’s involvement in the MLM industry, either at an affiliate or coporate level. As it stands, whether or not Robertson has launched any other MLM opportunities in the past is unclear.

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

Forever Living Products was founded in 1978 and operate in the health and nutrition, cosmetics, personal care, weight management and household products MLM niches.

Based out of the US state of Arizona, Forever Living Products is headed up by Founder and CEO, Rex Maughan.

Maughan (right) came from a real-estate, accounting and construction background prior to launching Forever Living Products, but has remained with the company since launch.

In contrast to what I’ve typically found with long-running and well established MLM companies, Forever Living Products has had a relatively quiet and straightforward history.

In 2004 Forever Living was fined $280,000 fine after it was found to have breached Hungary’s laws regarding advertising, registration of nutritional products, and the use of cosmetics as medicinal agents.

There was also a bit of controversy over Forever Living’s original seagull-themed logo, with author Richard Bach successfully suing Forever Living for

the character, storyline, and copyrighted excerpts from the novel Jonathan Livingston Seagull to promote its marketing plan (for over 20 years).

This was extended out to include the use of

images from the motion picture and novel as its corporate logo, and reproducing it on merchandise, jewelry, products, packaging, and promotional materials.

I couldn’t find any specific information pertaining to a settlement, however Forever Living did change their logo from the seagull to the current eagle design they use today.

Those two legal issues aside, Forever Living Products recorded $2.5 billion USD in revenue for the year 2010.

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