AD DRIVEN & PYRAMID PONZI'S HAVE A SHORT LIFE SPAN
NOW THAT REGULATORS ARE GETTING AN INTERNATIONAL GRIP ON THESE WEB SCAMS
Remember there now is an international coalition of regulators who have scam tracker capability (U.S. = CIA AND NSA). Why? because they were tasked with counting money flows for stopping drug lords. Their internet tools are big and strong. You can bet that if you just play in a pyramid - ponzi game you will be on their database as a suspect scammer. In the U.S. winners in scams have their information forwarded to the IRS. Offshore? You can run - but you can't hide.
COLUMBIAN PRESIDENT PRESIDENT JUAN MANUEL SANTOS DROPS THE HAMMER ON WCN777 Oct 28 2013
WCM777 PYRAMID SCHEME
WCM777 Showed up a little over a year ago. A quick look showed The company offered scammers & suckers 100 day ROIs over five investment levels money.
With invested scammers funds the only source of revenue on the MLM side of the business, quite obviously WCM777 was operating as a Pyramid - Ponzi scheme. Based out of Hong Kong and officially registered in the British Virgin Islands, a known tax-haven, WCM777 quickly spread to the U.S. The idiots running the scam did not know that the British Virgin Islands will give up a pyramid scheme rapidly to keep U.S. (and other countries) regulators out of their tax haven business.
WCM777 held a “grand opening” at the Pacific Palms Hotel in Los Angeles, California. On their website WCM777 claimed that over 500 scammers (investors) attended the event, with twenty of them being given awards for their financial contribution and recruitment of new scammer investors into the scheme. That was ballsy! Five months later and WCM777′s U.S.offices were abruptly shutdown, with rumors the "THE U.S. FEDS were investigating. The company abandoned their U.S. operations ran back TO Hong Kong.
CLOUD SERVICES $2000 = NUTS!
No official reason was given for the unexpected retreat back to Hong Kong, however WCM777 does state in the announcement that their global legitimacy strategy is to set up different system in each county to abide by local laws. THEY FLUNKED IN COLUMBIA! Ponzi schemes are of course illegal in the US and would explain WCM777′s sudden termination of their US operations. Ur Editor: Word is that WCM777 is not going to last long in Hong Kong. company whose product is cloud service in MLM? Really? I mean, Google has theirs, Apple has theirs, why would someone want to pay $2000 to have a cloud service from WCM777? Simply because it’s just a way to try to make this company look like they have a real product or service. However, if a company would have people buy their Cloud Services for $2000 without a compensation plan, then it’s more real. Hong Kong is sensitive to scammers and worse yet scams leak across the border into China and those communist guys really get hot on pyramid schemes and will pressure Hong Kong to jail the operators.
Seeking to target new scammers investor markets, WCM777 also advise that the company will be ‘setting up foothold in Dubai to bless (the) Middle East‘, and that they’ve ‘already purchased (an) office there‘. Editors note: wow scammers lose their right hands on the chopping block in Dubai!
GO FUN REWARDS PYRAMID SCHEME
GoFunRewards operated a Ponzi points style compensation plan, combining it with a number of front businesses it hoped would mask the investment scheme nature of the business.
Just a month before WCM777 began targeting the US, GoFunRewards announced that, based on “advice from legal counsel”, they were ‘ceasing operations in the United States‘.
Like WCM777, GoFunRewards retreated back to Hong Kong where they were primarily based.
Before WCM777 began targeting the US, GoFunRewards announced that, based on “advice from legal counsel”, they were ‘ceasing operations in the United States‘.
The modus operandi of these shady schemes appears to encompass a launch in the US under the guise of guaranteed legality, the taking in of as much US investor funds as possible and then, without notice, to abruptly flee the country. Both GoFunRewards and WCM777, did this within a timeframe unlikely to attract action from US regulators – but with more than enough time for the US’ top Ponzi players and those they recruit to get on board and invest large amounts of money. THEN THE SCAMMERS KILL THE SCAM AND RUN WITH THE MONEY.
As it stands now one last major Hong Kong MLM investment firm targeting the US remains standing, that being Better Living Global Marketing, who offer what are obviously unregistered securities via the Ponzi points compensation plan mode Zeek Rewards pioneered we. l Better Living Global Marketing will soon also follow suit and take their stolen spoils with them back to Hong Kong?
DIAMOND BANNERS PYRAMID SCHEME
The Diamond Banners Product Line = Zero
Diamond Banners has no products or services To SELL! Members join the company and purchase a position in one of the four available matrices within the Diamond Banners compensation plan.
Bundled with each of these positions are a series of advertising credits, which can be used to display Ads to - DUH WHO ARE THEY ADVERTISING TO? OTHER SCAMMERS AND DUMB SUCKERS who get sucked in on the Diamond Banners website by blasts from Scam Spammers. The pay plan is called “Too Easy Two by Two”, which is their starting $300 roll over pyramid scam. Once each of these member positions are filled, the scammers at the top cycles out and earns a commission. Positions can either be filled by direct recruitment, indirect recruitment or members cycling out of existing matrices and re-entering the system. There are 6 matrices in total within the Diamond Banners compensation plan, each with its own buy in cost and payout per cycle payout! COST TO NEW DUMMIES OR SCAM PLAYERSMembership to Diamond Banners equates buying a position in either the Gold ($100), Diamond ($300), Double Diamond ($700) or Triple Diamond ($1500) matrices. This is a one-time fee, with cycle commissions paying for mandatory matrix re-entries. NO SURPRISE! Diamond Banners states that Double Diamond and Triple Diamond positions can be paid through direct deposit only. Credit cards cannot be used for these levels in this poorly disguised Pyramid Scheme.
Diamond Banners places no restriction on the amount of positions an scammers can purchase, but requires them ‘to choose a different username‘ (create a new account) for each position purchased. This was done no doubt to hide this is a pyramid scheme because they sure can’t have customers with this complan. The Definition of a customer according to the Federal Trade Commission is, “an end consumer who does not belong to the compensation pay plan. With the only commissions paid out coming entirely on the purchase of matrix positions by money game players, this sticks out like a sore thumb as a Money Game powered by a roll over Matrix. These earnings are paid out of other member’s position fees, thus resulting in a money game played by Diamond Banners Ponzi game players. Diamond brokers didn’t bring in enough suckers so the whole thing collapsed. Editors Note: The Law is looking for the scammers and rumor is jail is close!
WORLD AD LINKS PYRAMID SCHEME
Information on who runs World Ads Link is hidden website indicating who owns or runs the business. The ad copy on the website sucks. The domain information is hidden. World Ads Link does provide an “our faces” page on their website. Website photos show a “head office” in New Zealand and a secondary office in Japan. They also claim to have an office in New Zealand. They have leased an office in Corona, California.
The World Ads Link Compensation Plan A MESS - FOR SUCKERS
Rare for scam games Binary commissions offered, with the company stating they pay ‘10% of your weaker line (sic)‘. This is 10% of the investment amounts made by scammers & suckers in a binary downline, paid out only on the weaker leg. Caps on the weaker legs are paid by amount the "player invests. They also pay a 3 level matching bonus on the binary at 10-20%. These guys are so stupid they don't know the Binary Payout is going to kill them before the LAW breaks their electronic walls down. They also have a nutty "World Ad Pool" where they put part of of Ponzi Players money in. They also have something called A Lottery that makes it nuttier than ever!!!!!!!!!!!!!!!!!!!
Joining World Ads Link: PAY TO PLAY!
Scammers membership to World Ads Link is free, however scammers & suckers must invest in “packs” if
Question: Could I Be Benefited Without Any Investment?
Answer: Widely speaking, free members can not earn any income in WALL =
World Ads Link LTD”. (THE LTD DOES NOT HELP THEM ONE BIT WHEN THE LAW COMES KNOCKING)
Conclusion To this Ponzi-Pyramid- Gambling scam with Securities Violations!
Whereas at least a little effort usually goes into the Ponzi scheme websites set up by anonymous operators, the creator(s) of World Ads Link fail even on that account.
SECURITIES VIOLATIONS: The company has no qualms about openly advertising their packs as investments:
also they say: our program allows you to earn unlimited income. We offer you bewildering varieties of Income Packages as well as a Unique Online Lottery System (GAMBLING) through everyone can earn a lot.
You invest, they run.
OUR THANKS TO BEHIND MLM, MLM HELPDESK, PONZI TRACKER, BUSINESS FROM HOME, FOR PROVIDING RESEARCH