Crypto Wealth Fund Review: Invest $500,000 and make 17% a week?

Red Flags Wave High Around Crypto Wealth Fund

There is no information on the Crypto Wealth Fund website indicating who owns or runs the business. The Crypto Wealth Fund website (“cryptowealthfund.com”) was privately registered on November 2nd, 2016. The official Crypto Wealth Fund Facebook group lists one admin, Ahmad Shiekh. The Ahmad Shiekh account appears to be fake, having only started posting (mostly [Continue reading…]

Source: Crypto Wealth Fund Review: Invest $500,000 and make 17% a week?

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BRIEF: Feds Tweet Photo Of $20 Million Allegedly Found In Box Spring And Tied To TelexFree

Federal prosecutors have Tweeted a photo of $20 million allegedly found stuffed in a box spring and linked to the massive TelexFree Ponzi- and pyramid caper. The cash was found Jan. 4 by the Homeland Security Investigations branch of U.S. Immigration and Customs Enforcement, an arm of the U.S. Department of Homeland Security. Agents seized […]

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Kevin Thompson: Understanding Unregistered Securities

The MLM Attorney: The Linchpin in the SEC’s Cases Against Network Marketing Companies

While entrepreneurs and marketers alike are often aware of the FTC’s involvement in the direct sales space, clients largely remain unaware of the Security and Exchange Commission’s (“SEC”) involvement in network marketing. The SEC oversees the enforcement of federal securities laws. This means the SEC is designed to ensure companies do not offer or sell securities in the absence of proper registration with the SEC.

In Part One of this two-part series, I answer the basic question “What is a Security?” I explain in some detail the elements required for the SEC to conclude the existence of a Security.  I also discuss how it all relates to network marketing.

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Zeek Receiver proposes plan for net-winner class clawbacks

Last November Summary Judgement was granted against Zeek Rewards’ net-winner class in the US. The Zeek Receiver has been working on a plan to claw back illegitimate earnings from over 9000 net-winner affiliates. On January 17th the Receiver submitted a proposal to establish how much each Zeek Rewards net-winner will have to pay back. This [Continue reading…]

Source: Zeek Receiver proposes plan for net-winner class clawbacks

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INTERPOL: ‘Digital Currencies Increasingly Used To Finance Criminal Activities[,] Including Terrorism’

INTERPOL: ‘Digital Currencies Increasingly Used To Finance Criminal Activities, Terrorism’

Pushing a murky, MLM-style digital currency scheme or even a purported one? Involving family, friends and online contacts? INTERPOL is warning that “digital currencies [are] increasingly used to finance criminal activities[,] including terrorism.” The warning is included in an INTERPOL announcement dated Jan. 16 about a law-enforcement conference in Qatar on the topic of transnational crime […]

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Meet Zija Natural Health Revolution Founder: Dennis Roop Jr.

Business For Home Reports: Zija Launches Natural Health Revolution Program

Source: Business For HomeZija International recently launched the Natural Health Revolution Founder Program at their 10-Year Anniversary Event in September.

The company has been focusing on the importance of embracing the Natural Health Revolution—an encouragement to naturally nourish, naturally improve our performance, and naturally restore the body. To celebrate those who are committed to living and sharing this revolution, the company created the Natural Health Revolution Founder Program.

Those who qualify to be a Natural Health Revolution Founder have put in hard work and dedication in spreading the movement. Qualifiers earn a special Founder pin, certificate, bonus, and other exciting perks that are to be announced in early 2017!

Read The Full Article @ #BusinessForHome

A Look Back at 2016 in the News

Creative business corporate work concept: tablet computer PC, modern black glossy touchscreen smartphone with news internet web site, stack of newspapers, cup or mug of fresh coffee and metal ballpoint pen on wooden office table

This week we feature highlights from the direct sales industry news as they appeared on our newsletter throughout last year. Once again, it was most certainly an interesting year with all the positive and the negative news.

January

How and Why Amway’s DeVos Family Gives Away Billions
* Morinda Celebrates 20th Year in Business and Second Era of Growth
Layoffs, Lawsuits at Once-Hot Direct-Sales Firm ViSalus
Ava Anderson Non-Toxic to Reopen as New Company Without Founder or Her Family
Melaleuca Marks Three Decades in Business

February

Amway’s 2015 Revenues Fall to Lowest Level in 5 Years
Direct Selling Dominates the Aromatherapy and Essential Oils Market
Stream Announces New President and CEO
Avon Reports 20% Sales Decline in 2015 Q4
70 Years of Tupperware
Mannatech Enters South America with Launch of Colombia Operations
Nu Skin Settles Class Action Suit, Pays $47 Million
Herbalife in Talks with FTC to Resolve Probe

 

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MMM Nigeria opens a day early, marketing ploy?

Behind MLM Reports: MMM Nigeria Reports They Are Reopening

Following its collapse last month, MMM Nigeria suspended affiliate withdrawals and announced they’d reopen on January 14th. On January 13th MMM Nigeria did in fact reopen. Sergei Mavrodi purportedly boasted they’d done so because of the ‘hysteria raised by the authorities and the mass media around MMM‘. Funny how according to MMM Nigeria authorities and media [Continue reading…]

Source: MMM Nigeria opens a day early, marketing ploy?

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Zeek Receiver To Make Third Distribution To Ponzi Victims, Says A Fourth Is Possible

In an announcement dated Jan. 12, 2017, Zeek receiver Kenneth D. Bell said he’ll make a third distribution to Ponzi victims and that a fourth is possible. After the third distribution,  victims will have received about 75 percent of their losses, Bell said. The third distribution is set for March 15. Let us note here that […]

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Zeek Figures Wright-Olivares, Olivares Listed As Federal Prisoners

Patrick Pretty Reports: Dawn Olivares Serving Federal Time For Zeek Rewards

The landing spots for two key Zeek Rewards figures now are known. Former Zeek COO Dawn Wright-Olivares is listed as inmate 29336-058 at FMC Carswell in Fort Worth, Texas. The facility is a Federal Medical Center for female offenders and has an adjacent minimum security satellite camp, according to the Federal Bureau of Prisons website. […]

Read The Full Article @ #PatrickPretty