Recently, TelexFree's "International Marketing Director" Steve Labriola released some sort of a video assuring there is no US investigation (that he knows about). About 3 minute in, there's this some sort of "assured revenue" thing:
In other words, you pay TelexFree, then you pay LifeRevs to do some work for you, and TelexFree will pay you big bucks. Pay in 15125, plus $924, and you get back 57200, and they even said it's "income claims", something that is very much verboten in the MLM industry.
But who runs LifeRevs? And this AdAssureLite? Turns out, it's related to Zeek Rewards ponzi.
Searching Who.is for domain name adassureLite brought me to GoDaddy's WHOIS, which yielded
Admin Name: Gary Harrison
Admin Organization: SAIBR
Admin Street: 5208 South 3615 West
Admin City: Taylorsville
Admin State/Province: Utah
Admin Postal Code: 84129
Admin Country: United States
Admin Phone: +1.4045675770
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: daniel@liferevs.com
The guy's name's Gary, but the email address goes to Daniel? Hmmmm... Well, at least the company fits... It is LifeRevs, after all.
Searching Google for the email address yielded... Linked in Profile, that he worked with Zeek Rewards.
And now they are launching the same service for TelexFree.
In other words, this guy basically confirmed that TelexFree is a ponzi scheme... just like Zeek Rewards.
Oh, and Dan? Maybe you should stick to your day job at SAIBR / ExchangeCloud.
BTW Are these guys copying the tactics of the Vemma YPR?
ReplyDeletehttp://youtu.be/s2hOBe2GoZ0
No... This one is what's known as a "side-scam". They are feeding off the main scam like a remora off a shark, but are not directly responsible as they're merely providing a service.
DeleteThough this one seem to have some sort of "deal with the devil" background connection between Labriola and Cowarts.
It's not unusual. I've noticed other similar scams feeding off many other scams. There's a "feeder scam" that fed people into the TVI Express scam, as well as "buy (fake) leads to give bids to" providers to help Zeek, some of them even claim to have access to Zeek to put in customers for you. As that requires some background API, I have a feeling those owners know more about the scam than they are letting on.
Would you mind to elaborate? I find it strange that Xango is actually copying the same strategy as Vemma YPR and targeting youngsters.
DeleteI also find it too strange that as of lately, Bob Proctor has been collaborating closely with Xango despite being one of the top leaders at Vemma.
Many questions arise.
Sorry, I was referring to my own article, apparently, not your Youtube video.
DeleteEnticing young generation is not surprising, and a lot of MLMs do it.
Bob Proctor is a generic self-help guru and not attached to any specific MLM, much like Kiyosaki. He can make his money any way he sees fit... by going to more than one place. In fact, it would hurt him to make an exclusive deal.