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LYONESS BELONGS IN BAD SCAMS FOR 2012
I have some really good WatchDog "Deputies" Who zeroed in on very ‘flashy’ newly launching scam disguised as an MLM. The Lyoness scam is business plan is based on getting large numbers of consumers to utilize a consumer cash discount card that will be honored by businesses they sign up……this business model has not worked historically. Few if any consumers continue to use this loyalty card and few businesses will pay any high percentages of rebates to create a back end……they are launching the USA and pushing a $2000 and $3000 initial package……giving several hundred back in pre-loaded gift cards for the first 25,000 or so sign ups…..checking Europe and Australia where they have been operating for a few years…… There is no base of consumers or customers using it that can be found or merchants honoring these cards…..It is all a front end rah-rah high ticket sign up program. Only a good scammer can hit people $2-3K per pop and then never help people they sign up do the same thing…..then stay away because you will be part of the 87% that pays to get in and never recovers your initial investment…… This violates business opportunity law and pyramid law all over the United States! Run From Lyoness - stay away!
2011 SCAM SUMMARY FROM THE BBB - MLM LOOKS GOOD!
Better Business Names Top Ten Scams
BAD SCAMS 2012 SOME MLM
9 Jan 2012 This is a one level affiliate program that is nice! Only one person will go to jail for each person (Idiot) scamed out of their money!
10 Jan 2012 - you will find it hard to believe that this is possibly the worlds longest scam page that starts out warning you against Forex Robots and ends up selling you Forex software (Robot = Software). This is sold through a 2 level affiliate program. In 13 states a 2 level pay plan is considered MLM. So hate to say it but the link above goes to an MLM scam (in 13 states).
http://www.forexbulletproof.com/?hop=edbri871
