The first clawback claims are now imminent, and a lawsuit against multiple named defendants along with a class of net winners will be filed during the fourth quarter of 2013.

-Kenneth Bell, Zeek Rewards Receiver (October 2013)

With Zeek Rewards top net winners now staring down the barrel of pending clawback litigation, the race is on to hide assets and funds from the Zeek Receiver.

Whereas the full extent of the lengths Zeek Rewards’ top Ponzi profiteers will go to in an efforts to avoid paying back those they stole from is difficult to determine, some insight is provided by MoneyMakerGroup forum member, “HerculesUnchained”. [Continue reading…]

Other than the mention of a “Liang Wang” as a Director of the company, there is no information on the Juding website indicating who owns or runs the business.

There a “company profile” section on the Juding website, however it is of little use and appears to be poorly translated from a non-English source, which I’ve reproduced below purely for comedic value:

Company Profile:

A person’s power is limited, a strength of the team is limited, but a world?

Director, Liang Wang said: generate force cohesion, solidarity Birth of Hope Cohesion public, whereas the open road of hope. Open up new markets blueprint pattern Primary goal.

Infrastructure network marketing platform that will bring world-class network platform world stage Combined with the latest e-commerce system.

A key to turn on the Ju Ding vast international network platform world flight Secondary objectives To build their own brand, the establishment of commodity network.

International trademark Ju Ding is no longer just a Trade Mark Pass it to the world Ultimate goal Comprehensive plan listing Wealth creation For themselves and make their own career.

Not only do your own boss can also do the leaders of the world Dream Trilogy Dream Trilogy money into the New World Create dreams Born with a dream, dreams into reality Now start planning your dream As she grew older, the more dreams bags stuffed full of more.

But no longer a distant dream Start dreams Small investment, huge rewards. No longer just a slogan.

Now you beside me in the bud FORTUNE wealth to the ideal life span to open the first step Realize their dreams.

Making money is to make a living Make more money is to better the lives of. But joined the international network giant tripod investment platform makes you start to enjoy life.

To catch the Ju Ding’s ride, fast forward to the successful enrichment Immediate action, do not let the opportunity slip away!

The Juding website offers two languages, Chinese and English, which, along with the Chinese text used in Juding’s logo, indicates that Juding operates primarily out of China. That said, a corporate address in the US state of California is provided on the Juding website.

The Juding website domain (“judingusa.com”) was registered on the 5th of August 2013, listing a “xuemei huang” as the domain owner.  What Xuemei Huang’s relationship to Juding involves is not immediately clear.

I also wasn’t able to find any additional information on Juding’s named Director, Liang Wang.

What I did notice though is that the affiliate login source-code on the Juding website refers to WCM777:

WCM777 is an investment scheme run by Phil Xu Ming, offering affiliates a passive 100 day ROI on investments of up to $1999.

WCM777 also had an office in the US state of California, however last month the company advised affiliates it was “closing its USA operations“, citing a company policy to “abide by local laws.”

With WCM777 paying out existing affiliate investors with newly invested affiliate money, it thus fits the definition of a Ponzi scheme – which would put it in violation of US law.

Juding’s relationship to WCM777 is not immediately clear, however it could signal a quiet attempt to restart WCM777’s operations in the US under a different name.

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

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

The AdsPeopleNet website domain (“adspeoplenet.com”) was registered on the 1st of June 2013, and lists a “Ronald Hendrik” of “APN Limited” as the domain owner.

A “certificate of incorporation of a private limited company” for APN Limited is also provided on the AdsPeopleNet website (4569867), operating out of London in the UK.

As a measure of legitimacy, such certificates should be taken with a grain of salt as they are available online to anybody for as little as £15.00, with “same day service” available for an additional fee.

Case in point, various UK company databases list APN Limited’s “main activity” as “68100 – Buying and selling of own real estate”. This doesn’t appear to have anything to do with the AdsPeopleNet MLM business opportunity.

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…]

Following the filing of two appeals seeking to lift court-ordered suspensions of BBOM’s business practices in Brazil, a decision was made on Monday that lifts some of the sanctions imposed against BBOM.

Under BBOM’s business model and compensation plan, the company accepted $300 to $1500 deposits from affiliates and promised to pay out $80 to $400 a month, provided affiliates continued to pay a $40 monthly fee.

The ruse was that the money was being used to sell GPS trackers to actual customers, however all BBOM did was take new money and pay it out to existing investors.

That makes today’s news a little strange as the parts of BBOM’s business model Judge Reynaldo Fonseca unblocked on Monday, don’t appear to have been in BBOM’s compensation plan. [Continue reading…]

AAA Marketing Rewards was launched in late 2012 and operate in the MLM penny auction niche.

The company provides a “head office” address in the US state of Missouri and is headed up by William Barnhart (below right, credited as ‘William “Jamie” Barnhart’ on the AAA Marketing Rewards website), who serves as company President.

I was unable to find any additional information on Barnhart’s involvement in the MLM industry at either the corporate or affiliate level, indicating that AAA Marketing Rewards is his first MLM venture.

Some initial confusion over how AAA Rewards Marketing was first promoted appears evident, with one ex-affiliate filing the following complaint with the BBB:

Complaint: Product is not as advertised and AAA Marketing Rewards president ***** ****** promised refund and did not deliver.

Signed up and paid for “founding membership” when company first started. Company direction was advertised to be a certain way.

When the company changed direction, I requested to be removed and refunded my membership. ***** ****** said he would refund money but has not done so.

When confronted recently, He said I would have to sue him to get it back. This company is drawing people in with promises that ****** not be honored.

What “certain way” AAA Marketing Rewards was initially marketed with isn’t clarified, however the company did file a response:

The customer in question joined our company in the first part of January 2013 all our members have a 3 day right of refusal as listed in our terms and conditions they also have the right to sell their membership to another person at any time they wish.

The company operates as promoted we have not changed direction.

The customer in question did call asking for a refund in the first week of April 4 months after the purchase this year and we refered to the 3 day right of refusal on all memberships but also stated we would help to sell his membership which we are working on and i expect that ****** be acompolish (sic) in the next 30 days.

If he was not happy with his membership why did he refer it to people and recruit two people under his membership?

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

There is no information on the Beep Xtra website indicating who owns or runs the business.

The only identifying information on the Beep Xtra website is the following line taken from the company’s “Terms and Conditions”:

Compensation plan which is on a voluntary basis and exists solely on the world wide web based in the British Virgin Islands only.

The British Virgin Islands of course being an internationally recognised tax haven.

The Beep Xtra website domain (“beepxtra.com”) was registered on the and lists an “Angelos Hadjiphilippou” of “Exevior Technologies Ltd” as the owner, operating out of Limassol in Cyprus.

Exevior Technologies (of which Hadjiphilippou is the owner) is a web-design company, presumably responsible for the coding of the Beep Xtra website and not the owners of the business itself.

One peculiarity exists on the Beep Xtra website on a page they call “strategic partnerships”.

On this page Beep Xtra claim to have ‘a relationship with KaratBars International‘:

Beepxtra has a very special relationship with Karatbars International from Stuttgart in Germany. Whilst at first glance they are completely different companies they share a common philosophy and here is a rare synergistic business relationship.

It is even more rare because the members of both companies can exist separately in each business of Beepxtra and Karatbars International and while this nearly always has a negative effect on one company, the nature of the two businesses means that they actually complement each other’s growth in a constant two way wave.

Members who get involved in Beepxtra are actively encouraged to look at Karatbars.

-Both companies believe and promote the movement of money.

-Both companies benefit when people, shops and businesses join both companies.

-Both companies are committed to honesty of trading and the honest movement of money which leads to long term stability.

-Both companies grow faster when the other has an increase in growth.

In summary Beepxtra believes that every member in Beepxtra would benefit from a membership in Karatbars international.

There appears to be an obvious business relationship here which is not being openly disclosed. I’d flag this as a potential misrepresentation of the Beep Xpress business opportunity.

This concern is only magnified by the lack of disclosure as to who is running and/or owns Beep Xpress itself.

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…]

My Protect Online are based out of Quezon City in the Philippines and claims to have been

established with a clear vision and mission for the Filipinos around the world, having its utmost commitment to help in terms of HEALTH and LIVELIHOOD’.

The company provides a “certificate of registration” and “company registration” with the Philippine SEC documents on their website under the company name “MyProtectLine INTL Company”. I was able to verify the SEC registration over at the Philippine SEC website (“sec.gov.ph”).

No explanation as to why the company is registered under a different name than the one they trade under is provided. One possible clue is evident in My Protect Online’s registration certificate, which lists the company’s “lines of business” as

• wholesale of textiles, clothing footwear
• wholesale of hardware, plumbing, heating equipment and
• other wholesaling

No mention of MLM, online business or any similar and/or related categories are listed. In light of this I’d treat My Protect Online’s provided documents referring to the online business as suspect.

Named as President and Vice-President of My Protect Online are Noel Soriano and Jenny Luna respectively.

Possibly due to language barriers I was unable to find any MLM history for either Soriano or Luna.

I did however find a Facebook profile named “Brilliant Mind” with someone claiming to be the CEO and President of My Protect Online:

Whether or not this is Noel Soriano is unclear.

It’s also worth noting that the My Protect Online domain (“myprotect-online.com”) is registered to a Jason Barinaga with an address provided in the Philippine province of Rizal. This address differs to the corporate address provided on the My Protect Online website.

Who Jason Barinaga is and what is connection to My Protect Online is also unclear.

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

After nearly a year of development, Vicesus finally opened their doors in August of 2012… only to shut them again last month, citing a lack of retail activity.

We are sorry to announce that the Grand Opening will be postponing.

The Main reason is the low activity. We have now tried to do it with affiliates as the main driving force to get custumers (sic) to the auction, this hasn’t worked.

In addition admitting that an affiliate-driven approach to generating retail activity hadn’t worked, Vicesus also announced that the company itself would be “focusing” on generating retail activity.

This naturally raised the question what exactly Vicesus needed MLM affiliates for, seeing as, other than deposit large amounts of money into the scheme, they didn’t really appear to fit into Vicesus’ new corporate marketing strategy.

That question remains unanswered, however Vicesus have pressed on and today announced their new retail customer generating strategy.

Have Vicesus fixed the problem of allowing affiliates to deposit money, fuel their own commissions and thus totally ignore retail? Let’s find out. [Continue reading…]

With the granting of an injunction prohibiting TelexFree from paying out weekly ROIs and signing up new affiliate investors in its core market Brazil, it was inevitable that promotional focus would shift to neighbouring regions.

One such region TelexFree’s affiliates are making inroads into is that of Peru, a country of thirty million that sits on Brazil’s western border.

Of particular note is that Peru is bordered by the western Brazilian state of Acre, where TelexFree is under investigation by Public Prosecutors and facing possible criminal charges of money laundering and embezzlement.

It is also the state the injunction was granted against TelexFree, crippling business operations throughout the country.

At the time the Acre injunction was granted, TelexFree purportedly had around 70,000 affiliates in Acre and, post shutdown, it appears a lot of the marketing momentum pushing the scheme shifted over to neighbouring Peru.

As TelexFree has begun to spread across Peru, local media picked up on it prompting Peru21, a national newspaper, to conduct their own investigation into the promotional activities of local affiliates.

Here’s what they found. [Continue reading…]

There is no information on the VIP AdShares website indicating who owns or runs the business.

The VIP AdShares website domain (“vipadshares.com”) was registered on the 28th of September 2013, however the domain registration is set to private.

On VIP AdShares’ FAQ page, the company informs that it ‘is owned by the RWB Networks group’. No further information is provided, with RWB Networks group only appearing on the internet in conjunction with VIP AdShares.

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…]