On the Rocket Cash Cycler v2 website, the company claims to be

owned and operated under RCC Worldwide Inc. San Pedro Belize. The RCC corporate office is located in Davao City, Philippines. The RCCv2 programmers and support team work from Mumbai India, Sønderborg Denmark, and from different parts the USA.

Named as CEO of Rocket Cash Cycler v2 (RCC2) is Tood Hirsch, who is based out of the Philippines.

In his RCC2 executive bio, Hirsch claims the company took a year to develop, costing “over $100,000”.

Prior to Rocket Cash Cycler v2, Hirsch (right) ran Rocket Cash Cycler v1 (RCC1).

A RCC1 marketing video that featured on YouTube credited a “Daniel Butts” as a co-founder of the company. Butts name never appeared on the RCC1 website and also does not appear on the RCC2 website.

Whether or not Butts is involved in RCC2 is unclear.

RCC1 was a recruitment driven scheme, charging affiliates $315 for matrix positions and paying out commissions as recruited affiliates bought additional positions in a series of matrices.

Activity in RCC1 appears to have died off in the fourth quarter of 2013, with Hirsch (initially the silent owner of RCC1) rebooting the scheme with a version 2.

Read on for a full review of the Rocket Cash Cycler v2 MLM business opportunity. [Continue reading…]

In the Zeek Rewards Receiver’s third quarter report for 2013, a “settlement conference” was proposed for January 27th, 2014. This date was later granted, however as of yet there’s been no word on how it went down.

Filed on the 30th of January 2014, the Receiver’s fourth quarter report for 2013 makes no mention of the conference, however there is an update on  pending clawback litigation and ongoing settlement negotiations with Zeek’s top affiliates. [Continue reading…]

When US regulators came knocking on Phil Ming Xu’s door to ask about the WCM777 Ponzi scheme he was running, he kept it a secret until the state of Massachusetts went public. Xu claimed he was “suspending all US operations”, but continued to accept investment funds from and pay a daily ROI to US affiliate investors.

When California investigated WCM777, Xu again kept quiet about it but announced he was stepping into the background and changing WCM777’s name to “Kingdom777”. James Tenorio was named as Xu’s replacement.

Xu also promised Kingdom777 would eventually go public and “register its stock with the SEC”. In an “announcement” published on the Kingdom777 website in early January, Xu blamed WCM777 affiliates for his regulatory troubles.

Xu’s “blame the affiliates” announcement was made the day before California formally issued their cease and desist against Xu and WCM777. Following California’s cease and desist (January 8th), Colorado has issued their own notice and both Louisiana and New Hampshire have issued WCM777 investor alert notices.

Despite it being pretty obvious that Xu continuing to run WCM777 as Kingdom777 in the US will most certainly result in further regulatory action taken against him (if it already isn’t pending), on January 26th his successor, James Tenorio, published his first member announcement on the Kingdom777 website: [Continue reading…]

Ken Russo, a Spinding affiliate who markets the opportunity as a “passive revenue share with immense potential”, recently sent off some questions to owner Paul Nash about the business.

Whilst refreshingly honest in the sea of psuedo-compliance that plagues the MLM revenue-sharing niche, Nash’s reply was still somewhat (unintentionally?) revealing. [Continue reading…]

Just under a fortnight ago Jonathan Budd conceded that Rippln was all but finished.

The gist of it?

If Rippln failed to secure another round of investor funding, the company wouldn’t be able to continue operating.

Now, sometime in the last twenty-four hours, fellow Rippln co-founder Jim Bunch has confirmed that this latest round of capital raising failed.

Hi Friends,

I wanted to personally connect with you all and let you know that Rippln will be closing it’s doors very soon.

As you may have heard, I brought investors to the table to acquire Rippln and bring it back to the original vision and mission.

Unfortunately, the due diligence made it apparent that we would not be able to raise the next round of VC capital that would be necessary to take Rippln where it needed to go and therefore the investors had to decline the opportunity to purchase Rippln.

Please know that I respect and appreciate each and everyone of you and the contributions you made. Reaching out to your trusted friends and family and sharing the vision shows a great commitment on your part.

Also know that the partners in Rippln invested an enormous amount of time, energy and resources to give it a chance at success.

The goal was to do something that had never been done before…and while there were a number of those things accomplished, in the end, there were a few things that could not be overcome.

Please feel free to reach out to me personally if you feel the need to do so and I’ll be happy to connect with you each.

There are a few really great lessons I personally am grateful for and I hope you invest a few moments in capturing your lessons and insights so we can all look back and appreciate the gifts we were given by being a part of this company.

It’s now time to focus my full attention to the Vision and Mission of The Ultimate Game, which is to Inspire Happiness, Health and Wealth Worldwide.

Thank you again for your trust and energy, I really do love and appreciate you all.

Am I surprised Rippln failed to raise funds to return it to the pyramid scheme model they spent eighteen months developing? Hardly.

What I did find interesting was the acknowledgement, finally, that due diligence played in burying Rippln for good.

That Rippln has been a stagnant mess for months is well established, but what can we learn from their mountain of mistakes? And what were the two core issues that majorly contributed to how the business was ineffectively launched and managed?

Today I thought it’d be worth reflecting on just how Rippln got to this point. [Continue reading…]

Following closely on the heels of Massachusetts banning WCM777 for selling unregistered securities, on January the 15th California issued a cease and desist against Xu and WCM777.

Issued on January 8th by Jann Lynn Owen, the Commissioner of Business Oversight for the state of California, the “desist and refrain order” lists World Capital Market Inc., WCM777 Inc., WCM777 Limited, (Phil) Ming Xu, (Tiger) Zhi Liu and Harold Zapata as respondents.

Xu and Liu are/were WCM777’s CEO and President respectively, with Zapata credited in the order as a WCM777 “Director” and affiliate (investor). [Continue reading…]

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

The Profit Yard website domain (“profityard.com”) was registered on the 5th of January 2013, however the domain registration is set to private.

The domain registration record was recently updated on the 7th of January 2014, possibly indicating that this is when the current owner(s) acquired the domain.

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…]

There is no information on the Profi8 website indicating who owns or runs the business.

The Profi8 website domain (“profi8.com”) was registered on the 13th of August 2013, however the domain registration is set to private.

Hosted on the Profi8 web server is a banner for “i-Divvy”:

Research reveals i-Divvy was launched in October 2013, with the scheme promising investors a 14% weekly ROI. Affiliate investors invested in $1 shares and had to watch three company-supplied ads a day to qualify.

Shortly after launch, the i-Divvy website began to go frequently go offline. Emails sent to affiliates blamed the downtime on DDOS attacks.

By late December i-Divvy collapsed, with an affiliate email explaining why:

We have to close doors for now due to small issues as listed below:

1-Most investors withdrawed their money in the first 3 weeks ( makes it a very little amount of investment for our traders to play with)

2-It would cost us too much on our script to customize it and add a matrix just like we wanted.

3-DDOS and Dedicated server cost a lot.

i-Divvy emails were signed off on by a “Charles Finn” and “Mathew Howard” which, due to the typical generic nature of both names, are likely to be fake.

Following the collapse of i-Divvy, it appears the admin(s) are now back with Profi8.

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…]

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

The company website does have an “About Us” page, however it is devoid of any specific executive management information or company ownership details.

The Socio Bonanza website domain (“sociobonanza.com”) was registered on the 10th of December 2014, and names a “Shawn Will” as the owner. An address in Quebec City, Canada is also provided.

Further research into Shawn Will’s involvement in the MLM industry failed to turn up anything. Whether or not he has launched or been involved with any other MLM companies is currently unknown.

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

Announced in early January, 15winks went into prelaunch using the campaign name “BeaFirstMover”.

The 15winks opportunity revolves around the sale of a mobile dating app subscription, although the app and subscriptions have not yet been released.

That said, 15winks prelaunch marketing material states that the value of a 24 month subscription to 15winks’ “Premium Service” is $384 ($32 a month).

From what I’ve been able to gather, users of the site upload 15 second video clips, which are then shared with other subscribers of the service (via GPS tracked dating profiles).

That side of the business looks perfectly fine, it’s an app service that can be sold to retail subscribers.

Complete details of the 15wins MLM compensation plan (as far as I can see) are yet to be released. The 15wins Terms and Conditions claims a service launch date “on or before March 31st”, so I imagine more details about the 15winks compensation plan will be released before then.

In the meantime, 15winks are currently soliciting capital investment from what they’re referring to as “Firstmovers”.

And that’s where the problems begin… [Continue reading…]