Wednesday, July 10, 2013

BREAKING NEWS: Brazil shuts down BBOM, another pyramid scheme (pretending to sell GPS trackers)

According to The Gazette in Brazil, the courts in Brazil must be working overtime, as they just shut down BBOM, a suspected financial pyramid scheme. It's only a few weeks ago that another court shut down TelexFree, a suspected financial pyramid scheme.

This link is in Portuguese:

http://gazetaonline.globo.com/_conteudo/2013/07/noticias/dinheiro/1452728-justica-federal-decreta-o-bloqueio-dos-bens-da-bbom.html

14 comments:

  1. AnonymousJuly 13, 2013 at 2:54 AM

    Probably the biggest scam or fraud in Brazil (and internationally) at the moment is the Ecohouse Group.
    Selling lies.

    http://theuniquepropertysite.wordpress.com/2011/11/19/lose-money-in-brazil/

    ReplyDelete
    Replies
    1. UnknownAugust 12, 2013 at 3:26 PM

      you have to go to the bottom not only the surface


      http://www.encontreinarede.com/noticias.php?id=313

      Delete
    2. GuyReviewsAugust 16, 2013 at 12:01 PM

      So it's really a pyramid scheme, not Ponzi?

      It's still a scam.

      Delete
    3. AnonymousMay 7, 2014 at 5:49 AM

      Wrong blog/company.. totally off topic....this thread is about BBOM, EcoHouse Build social housing here in Brazil and are well respected by the public and government

      Delete
    4. AnonymousJune 16, 2014 at 1:49 PM

      Wrong, Ecohouse is completly busted and being investigated in Brazil, Singapore, UK ........

      Delete
  2. AnonymousAugust 15, 2013 at 7:10 PM

    bbom is not a ponzi

    http://www.contilnetnoticias.com.br/Conteudo.aspx?ConteudoID=28364&fb_action_ids=153481488189620&fb_action_types=og.likes&fb_source=other_multiline&action_object_map=%7B%22153481488189620%22%3A501659033243965%7D&action_type_map=%7B%22153481488189620%22%3A%22og.likes%22%7D&action_ref_map=%5B%5D&fb_comment_id=fbc_698766110149891_119193840_698806746812494#f7fa90ad

    ReplyDelete
  3. AnonymousAugust 26, 2013 at 1:32 PM

    pretending sell trackers?? hahahaha, unepxmill had around 700, 000 clients paying the tracking service before bbom was launched. now with bbom they have more than 2 millions clients paying monthly tracking service, as i told yoy before you have to go to the botton if you want to get credibility


    read here( i hope you aprove this comment hahhahah)

    http://www.acrealerta.com/index.php/capa/menu/noticias-da-hora/bbom-assinatura-de-tac-pode-resultar-no-desbloqueio-da-empresa-ainda-esta-semana

    ReplyDelete
    Replies
    1. GuyReviewsAugust 26, 2013 at 8:22 PM

      But are people paid for selling the services, or are they required to sign up themselves, thus paying themselves?

      personally I've never heard of any business that ADMIT they are a pyramid scheme (except maybe MMM, Mavrodi's pyramid scheme in Russia) so your denial, well, doesn't really mean anything. :)

      We shall see. :)

      Delete
    2. AnonymousAugust 27, 2013 at 5:08 AM

      the matter is that bbom has part of traditional business franchise, right now they are the number 1 with more than 4000 in brasil, those franchises acquire clients for bbom, every franchise average from 50 to 100 new client per months and bbom provide the tracker device for free with a contract for 36 six months, the pasive income that bbom pays is tied to that client and the affilate will receive that payment 2 moths later when that client pays its first invoice, is not an automatic weekly payment as most people believe, thats why bbom was analized for all presecutors and is almost released for resume working, its business model is viable and they already have a telecom product ready for launch, if you want to be really impartial and get a real credibility go the the bottom not only the shallow waters(( remenber that if a mlm has a product, has affilates and has more clients than promoter to support the company 51% plus of revenue coming from clients not related with the compensation plan is legit business.

      Delete
    3. GuyReviewsAugust 27, 2013 at 9:31 AM

      Only 51%? If each franchise is acquiring 50-100 clients and gets 1 free, shouldn't the ratio be like 95-99%?

      Perhaps a better question to ask is... are people who buy BBOM's service also considered franchises or not?

      Delete
  4. AnonymousAugust 28, 2013 at 8:44 AM

    nope, they are regular clients acquired bye unepxmill franchises, in the examination that prosecutors made this matter was cleared with papers, because unepxmill had 2 millions paying customers before bbom were launched.
    as of today unepxmill is the numeber 1 in franchises in the whole brazil according to ABF and the cost of every franchise is from: 60,000 up to 120,000. this is a real legitimate business

    ReplyDelete
  5. GuyReviewsAugust 28, 2013 at 6:12 PM

    You got any links for all those numbers you're quoting?

    ReplyDelete
  6. AnonymousAugust 29, 2013 at 4:39 AM

    here is a link where the prosecutors recognizes mistakes they made

    http://www.contilnetnoticias.com.br/Conteudo.aspx?ConteudoID=28364&fb_action_ids=153481488189620&fb_action_types=og.likes&fb_source=other_multiline&action_object_map=%7B%22153481488189620%22%3A501659033243965%7D&action_type_map=%7B%22153481488189620%22%3A%22og.likes%22%7D&action_ref_map=%5B%5D&fb_comment_id=fbc_698766110149891_119193840_698806746812494#f7fa90ad

    ReplyDelete
  7. AnonymousAugust 29, 2013 at 11:57 AM

    this is last one

    http://www.acrealerta.com/index.php/capa/menu/noticias-da-hora/bbom-assinatura-de-tac-pode-resultar-no-desbloqueio-da-empresa-ainda-esta-semana

    ReplyDelete

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