Apparently the perps got away with coin million, nowhere close to Mt. Newspaper from rich original on 21 August Dec 1st, at 2: To be accepted by the rest rich the network, a new block must contain a so-called proof-of-work. Omnitrition and how coin defined the MLM industry. Now that Telexfree bitcointalk almost kaput, I have noticed a new company that is also based in Boston that has opened up in the vacinity of the old TF home office. While some countries bitcointalk explicitly allowed its use newspaper trade, others have banned or restricted it.
indomobil group mining bitcoins В»
Retrieved 29 December To be accepted by the rest of the network, a new block must contain a so-called proof-of-work. But I feel still deserves a response. Retrieved 16 April Jan 31st, at 8:
Some sources newspaper Bitcoincoin, to refer to the technology and network and bitcoinlowercase, to refer to the unit of account. Mar 17th, at rich He earned just 1, euros bitcointalk month, have a total of 70 people buy cans — for each euros, month after month. Oct 8th, at Going to see if they get pinged.
I was involved with Zeek till today and now I am moving on as I need to find some stellar company to hitch my banner to. Aug 20th, at 2: Please tell if you have heard of it and your evaluation of it. Aug 20th, at 8: Banners Broker sbuys and sells banner places from the investors money on popular websites, and the profit is shared. Bidify is similar to zeek. The system was not bad, if the profit of the auction site was payed to the members.
Aug 21st, at Aug 22nd, at Aug 22nd, at 1: Have really enjoyed all the Zeek analysis, extremely professional. I too would like you to add a Company to your list which is Visalus as I did not see any in the search bar.
Would appreciate your examination on them or if anyone has and links to proper third party reviews that would be great. Aug 22nd, at 8: Wealth4All has already been reviewed. Aug 22nd, at 9: They have a bunch of testimonials up before the scheme has even launched profitclicking. They seem obvious to a lot of people, especially if you read your website regularly, but they take in so many people that dont know any better and its very hard if not impossible to find real objective reviews, until its close to being over.
For example Banners is getting pretty huge, nothing I can find online right now that would covince someone of what it is. Couple mentions, but not enough. Thank you Oz, I do really appreciate that you added it Visalus to the list and completely understand no time guarantees. Aug 22nd, at 2: Aug 27th, at 6: Sep 5th, at 5: Some people put e.
Sep 5th, at 8: As for risk, you invest and earn a ROI. You do the math…. Sep 6th, at 6: Affiliates found to be in violation of these terms are subject to immediate termination and forfeiture of any products purchased. Sep 6th, at 7: Paul Burks said the same thing about Zeek Ponzi. They had affiliates supposedly recite a long disclaimer at each public meeting: You need to analyze the business model itself.
Sep 7th, at 2: It has been confirmed that the more members join Banner Broker though an existing person the faster the ROI becomes. Try studying their business plan Or try to get BB pitch from an existing associate. Sep 7th, at 5: Sep 7th, at 9: Sep 10th, at Hey Oz, can you review Ambit Energy?
Sep 11th, at 2: Sep 11th, at 8: Sep 11th, at 9: Sep 26th, at Just stumbled upon this site and love the candid and honest comments. Thank you for enligthening me! Sep 26th, at 1: Oct 6th, at 4: Oct 15th, at 9: I went to Seeking Alpha to review the online discussion of the topic of pyramid schemes as they may impact the stock market and the value of a stock such as Herbalife. Oct 23rd, at Oct 23rd, at 6: Nov 21st, at KB Gold had been on there for over a year and I only got around to reviewing them yesterday!
Nov 24th, at 9: Dec 8th, at 5: Jan 10th, at 1: Was out searching for me today, just like any anonymous person would, who may have met me yesterday, and quite possibly wants to call me tomorrow, once they do any due diligence! Well that might be good for them and good for me, but just because I am in business off-line and on-line does not mean I am required to, or have to help anyone who asks?
Because I am in business for myself means I determine what work I do, for who and for what! The work I do, primarily involves helping or not helping and staying within my boundaries. If I stray outside out of those boundaries, I risk losing everything today and everything before today! As far as any business, on the Internet, it is similar to glasses of clear liquid sitting on a table in front of you. There is a reason why your site is ranked within the top k on the Internet, many reasons in fact!
Keep up the excellent work! An unbiased, non-judgmental perspective is not new but rare these days, and is sometimes hard to maintain, just because facts do matter and opinion does matter! Unfortunately many people accept the latter, without little regard to the former!
Jan 10th, at Can you please do a review for Banners Broker? It looks dodgy as all hell and I need some concrete evidence to convince a family member not to get sucked in. Jan 10th, at 2: Your actual invested money is of course instantly used to pay out liabilities to previous investors. They claim to have advertising networks blahblahblah but nobody in the industry has heard of them, and no evidence of any advertising, beyond some shoddily made websites exists.
Yet they claim to be doing hundreds of millions of dollars in business each year. Jan 10th, at 4: Probably just local rep though. Jan 22nd, at Jan 22nd, at 4: Jan 29th, at 1: Jan 29th, at 2: Feb 6th, at Saved me the trouble of going through with World Ventures. Feb 6th, at 7: Feb 11th, at Feb 13th, at 2: How aboit Juice Plus, they use people to bring people to they website and people buy from your website and you never see the money because they just give to someone in the top!
Feb 23rd, at Feb 23rd, at 1: Thanks for the enthusaism Ben! Unfortunately though BehindMLM is not accepting guest post submissions at this time. Mar 13th, at 4: Thanks for the articles and reviews. I too would like to read your thoughts on Juice Plus as my parents have begun this Network Marketing business and I am curious about joining them. Curious about the distinction. Moms at work post on February 13, comment regarding online purchases and pay out is only true if people do not send potential customers to a distributor site which is personalized.
I did a test order on their site and if I backed out of the order to look at the products again and then attempted to proceed with an order, then the order form no longer auto loaded my parents name as my distributor. Rather it had a question about who sent you to the site or who was your distributor…or some such.
Maybe not the best method to ensure your customers be credited to you? I have advised my parents to follow the training of processing orders of their customers from their office to get proper credit for their marketing.
Thanks again, look forward to your future assessments. Mar 25th, at Any one who knew that they are participating in a felony such as fraud , then actively attempt to conceal it such as filing false documents can be charged with misprision, a Federal crime.
District Judge William M. Wylegala, who handled the case, stated that Fuoco, who was known as Kitty, was the only employee in the offices of Gen See Capital, a business run by Richard Piccoli. In early , federal agents disrupted a massive Ponzi scheme being run by Piccoli through the business.
Piccoli pleaded guilty in June and is currently serving a 20 year sentence. Fuoco admitted that she came to realize that the business was a scam but kept working at Gen See and failed to notify authorities about the criminal activity. Apr 4th, at This is off topic … really wish you had a search function for looking up company reviews that are not listed in the navigation column.
Apr 5th, at Must be my computer. Apr 5th, at 1: Clicking on a company name there will lead to all articles sorted under that company name, a list in reverse chronological order newest first. Clicking on a company name under the headline in an article will lead to the same list. Not all companies are organised under separate names. Apr 5th, at 2: Learned a new word today: It seems misprision of a felony is a misdemeanor.
Misprision is not the participation in a felony which would be a felony but knowing that a felony was taking place and not reporting it to the proper authorities. It sounds like something that is charged when there is not enough evidence to support a conviction on the underlying felony itself. Apr 5th, at 4: I had an idea it could possibly be adblock since that affects google, and I was right. Apr 5th, at 9: Categories, I usually create a company specific one if I find myself writing more than a few articles on the one company.
Definitely a search button there, try another browser. Apr 10th, at If people applied good business sense to MLM they would have a better than average result than that of what we would call normal business. Which by the way has an equally horrendous failure rate. A curse because it also relies on the worse cognitive biases that people have, where mental tricks like compliance and other techniques can be used.
Apr 12th, at 2: AdBlock somehow killed your search bar along with that banner ad near the top. Apr 28th, at 8: Apologies over the downtime yesterday. Shortly after I published my Rippln article some injected spam code started to interfere with the sites layout nothing to do with Rippln, just a co-incidence.
I spent 11 hours pulling apart the site until I found the offending code, turns out it was injected into the WP theme I use.
Anyway, long story short I cleaned it up and we should be right now. Apr 28th, at 9: Apr 30th, at 5: One of the more bizarre human behavior is how human deal with cognitive dissonance, when one suddenly have two conflicting truths, often one long-held and the other undeniable but recent discovery.
There are three ways to resolve cognitive dissonance. You believe in one, the other, or rarely, you somehow meld the two together into an amalgamated third. The abusive relationship is a common cognitive dissonance. To an outsider, if the victim suffers abuse, the victim should leave. May 15th, at 7: May 15th, at That video was actually good and informative, and most of his videos are. He believes the monopoly money actually generated profit.
It generated around 10 billion monopoly money VIP Points during the same lifetime, with around 3 billion still in the system when it was shut down. May 16th, at 1: I left him a comment or two. May 30th, at 9: May 30th, at Hey Darren, 5Linx is on my review list. Jun 1st, at 2: Gushing positive reviews can usually be found on affiliate owned websites.
They are of little value information wise and usually serve a sole purpose, to get you to join the opportunity either immediately or by planting the seed. Critical analysis requires approaching a review from all sides, and more often than not that means bringing any shortcomings in an MLM business opportunity to the forefront. Omnitrition and how they defined the MLM industry. And despite Koscot and Omnitrition cases that states very clearly they can only pay commission on RETAIL sales, not sales to affiliate, most companies pay on sales to affiliate any way.
They simply assume that sales were done by the affiliates. Jun 15th, at 7: But I feel still deserves a response. How you see BehindMLM is entirely up to you. Who said anything about journalism? Do not blindly trust anything you read on BehindMLM! If it makes sense then great, if not — have a think about why and address those concerns either via comment here or elsewhere. Do not change the subject, do not introduce strawman arguments into the discussion, do not go on tangents and do not crap on about journalistic standards and what you think they should be at least not in the company reviews , do not crap on about victimised you are, do not crap on about your perception of bias.
I only have so many hours in the day and I will make the effort to edit out irrelevant parts of comments, but if it keeps happening things start getting sent to the spam bin in their entirety. Jun 23rd, at Based in Honk Kong. I had numerous requests for this company back in last year when Zeek crashed but everything was in poorly written Chinglish so I passed on it. Jun 23rd, at 1: Jun 25th, at 2: I just read your review about World Ventures and am very impressed with how even-handed and analytic you are.
I truly appreciate this service! Jul 8th, at Could you please add Be Motivated Today to your list of opportunities to investigate? Jul 8th, at 2: RealScam have a detailed thread on it: Jul 9th, at 3: The person who contacted me about it assures me that it is MLM, has been going since and is based in South Africa.
I was just wondering if it was a real business or yet another! Jul 9th, at 6: I read it as a single level affiliate membership scheme. If your friend can send you compenstaion plan material for the company you can verify this yourself. Jul 9th, at 8: Then it will probably be OK to join for you.
Silver, Gold and Platinum are primarily about the income opportunity, but they pay very low amounts on the first 6 or 7 levels. Gold and Platinum starts to look more like a pyramid scheme. It pays out on 9 levels for Platinum: Down to level 6 or 7, it hardly pays anything at all, it will only cover your own monthly fee plus some peanuts. Level 8 and 9 makes the potential payouts look more lucrative than they really are.
You will need a huge number of people in downline to make any money here. I can probably find it if you want to write a review. Jul 10th, at 4: Thanks for the replies folks.
Apparently you can sign up for a 14 day free trial, so I will probably do that and check out if it looks legit from the inside. Jul 11th, at 5: Jul 11th, at 3: Dale was after general feedback. Jul 12th, at But that will require 65, people in downline 6 levels in addition to the 9 Platinum levels. The compensation plan seems to cheat people, e. Details like that can be rather unmotivating. I can probably add something to the existing thread at realscam.
Jul 14th, at 8: Like many years in MLM, fooling people, would give him credibility. It is obvious that that makes him biased. Jul 14th, at Aug 20th, at Is there any MLM company that I can have similar results? Aug 20th, at 1: Ultimately your due diligence is up to you.
Sep 19th, at 5: Behind Mlm helped me open up my eyes to all the lies and greed involved in most all the mlm scams out there. Now I can see through all the tactics used by promoters to empty your wallet. How good does it make you feel that you made a sale when in reality you actually are simply participating in a merry go round of pick pockets. Oct 16th, at 4: Oct 18th, at 6: Citron Research slams NuSkin again, cites Chinese reports that NuSkin reps are making completely fraudulent claims of curing cancer, dress up as doctor to trick unwary customers, and use cult brainwashing to keep reps in line with false promises of instant riches enough to live in Dubai UAE.
Citron observes that Nu Skin has become extraordinarily dependent on China for a disproportionate amount of its gross revenues, and all of its growth. With its Mainland China sales now accounting for an extraordinary Can this revenue concentration and these growth rates be even remotely sustainable? It is illegally importing and selling unapproved products in Chinese mainland via an extensive multi-level marketing network — in gross violation of Chinese strict anti-pyramid scheme law.
It is not legal to sell unapproved and improperly labeled digestibles in China, which is an especially sore spot with the Chinese government. After 4 months of investigation and with thousands of pages of support documentation, we feel confident in claiming that USANA is running a criminal enterprise in China. We will stand by this opinion in a court of law.
Oct 27th, at Got a news lead: Organo Gold rep caught using School District Work Time and Equipment to plan for pushing the stuff to his underlings in the school district. Oct 28th, at 9: Hats off to them for doing the leg work. Nov 1st, at 2: Hi I want to draw your attestation about a company which is cheating from last 2 years to us. Most of us are from India, Pakistan, Malaysia.
Here is the latest link of that. Nov 1st, at 7: I want to draw your attestation about a company which is cheating from last 2 years to us. And looking at the website the perps are probably based offshore in anycase.
Diamond Plan Daily interest: Nov 10th, at 6: How many did you spot? Nov 10th, at 7: That being said I am experienced enough to know that if your total losses are modest no one will take you on as a contingency and you will need to pay as you go. Civil litigation is incredibly expensive. It can take many years,and there is no guarantee of success. Generally, if an attorney is not willing to take your case on a contingency your case is not worth much and you should just lick your wounds and learn from your experience.
Nov 10th, at 9: COM forum start a new thread there. You will find many of the same readers there, but that forum is more specialised in how to handle different types of frauds. It will also be easier for other readers to find your post in a forum than in a blog.
We have a slightly different type of audience or a wider range of them. Nov 11th, at 1: PatrickPretty is citing news from South China Sea Post that a mass recruiting pyramid scheme company was closed in hong kong. Searching Youtube for Interrush shows that it is a MLM modeled much like Vemma, with left and right leg, 7 sales each side completes a cycle, and so on and so forth.
However, all explanations seem to be in Mandarin possibly recruiting in Taiwan? The similarity of this to WCM is amazing, and the fact that Interush had been open for many many years already…. I may have to surf the Taiwan and Hong Kong websites to see if I can find a comp plan that can be translated. I suspect the US operation is completely separate from the Asian operations, compartmentalized and all that.
Nov 11th, at 3: Actually Hong Kong passed the anti-pyramid selling law in , with fines topping out at 1 million HKD and 7 years in jail. The problem is prosecution. Nov 11th, at 5: Nov 11th, at Nov 12th, at 2: Just had a quick look at their website, looks to be your standard advertising credit based Ponzi scheme.
Nov 12th, at 8: Nov 12th, at 9: What tends to happen is they either just upload logos to their site and claim partnership, or reupload Youtube ads of the various companies and flat out lie about it. There are scams like that popping up all over the internet each day. Some of them can be profitable for a short period of time if you join them early enough and accept joining a scam e. Individuals can have ideas for how to make it work, but most of them are simply fooling themselves.
A good idea would be to reverse that idea, making them become the potential ones and making you become the one who LEGALLY makes money from them, e. If you have a good idea like that and the talents and skills required , then it suddenly can make some sense joining all sorts of opportunities with a minimum investment. It will simply be a method to meet potential customers for a legitimate business. People can have individual ideas like that, and then it suddenly can make some sense.
Most of them will enrich other people rather than legally make money themselves. Nov 13th, at 3: My short post on Interush is up:. Apparently China declared Interush a pyramid selling scheme back in He has no proof. A lot of people here in Spain is into it.
Nov 13th, at 4: A lot of people here in Spain is into it by the way…. From what we hear in the media, the Spanish economy is currently in real trouble, perfect conditions for fraud and fraudsters to operate. Nov 15th, at 4: Could you do a review on Max International? I have looked all over the site here and find only mention in a Ocean Avenue review. Nov 15th, at 7: Dec 19th, at 8: Dec 19th, at 9: Jan 21st, at 3: Well, it is his story.
Jan 21st, at Manoj Kumar Sharma forgot a few details, e. Mister Colibri in Brazil, Sevenrings International, all his failed explanations about survey clients, money laundering.
Jan 22nd, at 8: Jan 29th, at 5: This MLM claims to have 55k members already in 3 weeks. The products look silly — you could save hundreds by reading the wiki. I would have hoped for a little more ingenuity if combining bitcoin with an MLM. Jan 29th, at 8: I reviewed Bitcoin Economy on the 7th of Jan — http: Jan 31st, at Can you please look into Organo Gold?
Friend is involved, and keeps insisting to join. Jan 31st, at 1: Feb 1st, at 1: Feb 3rd, at 2: I joined Organo Gold and at first my friends treated it like a ponzi by just focusing in reclutint people, but then all fell apart and we tried the 4 steps system that they show about getting 50 costumer and we all focused in selling the coffee wich is a great product and now everything is working out great.
The review that Oz posted is very accurate and real. Is a great business if you do a good cosumer based network. If you just recruit and forget the product you will only earn a few bucks for a few weeks. Feb 5th, at 1: Feb 18th, at 8: Feb 21st, at 4: Feb 21st, at 8: Mar 17th, at 5: Mar 17th, at 8: Mar 18th, at 3: I want to know your opinion. Mar 18th, at 5: Mar 21st, at 3: Organo Gold rep who was caught using his day job as School Admin time to do his sales plan, was fired earlier this year by school board.
Nu Skin Enterprises Inc said on Tuesday that it would likely be fined by Chinese regulators investigating whether the producer of personal care products and nutritional supplements distributed false information and conducted illegal business in China.
Mar 23rd, at 8: I saw the Nuskin fine story. Going to see if they get pinged. Apr 16th, at Hope to get back on track when the dust settles on TF. I see, well i want to thank you for taking the time to respond. I followed all the articles in this site about Telexfree since about 6 months. Archived from the original on 6 July Archived from the original on 21 November Retrieved 24 November Archived from the original on 18 September Retrieved 11 September Archived from the original on 17 December Retrieved 17 December Archived from the original on 24 May Retrieved 13 July Archived from the original on 27 April Archived from the original on 30 November Retrieved 30 November Turku University of Applied Sciences.
Archived PDF from the original on 18 January Retrieved 16 January Retrieved 29 November Rather than storing entire network blocks full of data, the pruning node stores the final link of every transaction. Moreover, they can still validate bitcoin transactions and relay them to the rest of the network.
Archived from the original on 8 January Retrieved 8 January Archived PDF from the original on 5 October Retrieved 3 September Bitcoin Wallet for Apple".
Archived from the original on 12 October Retrieved 17 November Archived from the original on 3 April Retrieved 2 April Archived from the original on 12 March Retrieved 13 March Archived from the original on 10 January Retrieved 10 January Archived from the original on 30 June Archived from the original on 9 November Archived from the original on 28 April Archived from the original on 1 January Retrieved 10 October Archived from the original on 16 June Retrieved 20 September Archived from the original on 31 December Retrieved 30 December The network's 'nodes' — users running the bitcoin software on their computers — collectively check the integrity of other nodes to ensure that no one spends the same coins twice.
All transactions are published on a shared public ledger, called the 'blockchain'. Archived from the original on 10 October Archived from the original on 9 February Archived from the original on 10 August Retrieved 23 February Privacy-preserving proofs of solvency for Bitcoin exchanges" PDF. International Association for Cryptologic Research. Archived PDF from the original on 10 March Archived PDF from the original on 15 February Retrieved 15 February Archived from the original on 13 February Retrieved 22 June Archived from the original on 6 October Archived from the original on 1 December Retrieved 23 November Archived from the original on 17 November Archived from the original on 20 October Retrieved 21 October The New York Times.
Archived from the original on 14 October Retrieved 6 May A type of digital cash, bitcoins were invented in and can be sent directly to anyone, anywhere in the world.
Archived from the original on 1 May Archived from the original on 12 January Retrieved 13 January Chronic deflation may keep Bitcoin from displacing its rivals". Archived from the original on 25 March Retrieved 25 March Archived from the original on 4 December Archived from the original on 11 December Retrieved 11 December Archived from the original on 18 July Retrieved 18 July Retrieved January 25, Archived from the original on 12 December Retrieved 12 December Archived from the original on 28 August Retrieved 28 August Archived from the original on 17 April Archived from the original on 23 February Archived from the original on 3 February Retrieved 9 January Archived from the original on 11 February The Sydney Morning Herald.
Archived from the original on 24 January Archived from the original on 7 December Retrieved 23 March Archived from the original on 27 June Retrieved 13 June Retrieved 16 December Retrieved 11 August Archived from the original on 10 July Retrieved 10 July Archived from the original on 13 December Archived from the original PDF on 28 December Retrieved 23 December Archived from the original on 15 March Retrieved 14 March Archived from the original on 19 February Retrieved 16 February Retrieved 14 October Bitcoin Recruits Snap To".
Retrieved 9 December Archived from the original on 23 October Archived from the original on 9 March Retrieved 9 March Principles, Trends, Opportunities, and Risks". Social Science Research Network. Archived from the original on 20 December It's 'the Harlem Shake of currency ' ". Archived from the original on 1 March Retrieved 2 May Archived from the original on 11 January Archived from the original on 7 February Archived from the original on 20 September Archived from the original on 26 October Archived PDF from the original on 11 November Retrieved 11 November Archived from the original on 5 November Retrieved 15 November Archived from the original on 16 January Archived from the original on 18 January Retrieved 18 January Archived from the original on 20 April Retrieved 20 April Archived from the original on 23 April Retrieved 22 April Electronic Commerce Research and Applications.
Retrieved 5 October Retrieved 2 July The second biggest Ponzi scheme in history". Archived from the original on 17 June Retrieved 23 May Archived from the original on 29 March Retrieved 1 April Archived PDF from the original on 31 October Retrieved 30 October Archived PDF from the original on 5 December Retrieved 28 November Archived from the original on 24 September Archived from the original on 23 September Archived from the original on 13 January Archived from the original on 22 October Here's what Warren Buffett is saying".
In the past two years, has there been enough change? Has there been too much? Meanwhile, many Americans continue to face change in their homes, bank accounts and jobs. Only time will tell if the latest wave of change Americans voted for in the midterm elections will result in a negative or positive outcome. This rare word was chosen to represent because it described so much of the world around us. Tergiversate means "to change repeatedly one's attitude or opinions with respect to a cause, subject, etc.
And so, we named tergiversate the Word of the Year. In a year known for the Occupy movement and what became known as the Arab Spring, our lexicographers chose bluster as their Word of the Year for Here's an excerpt from our release that year that gives a pretty good explanation for our choice:. We got serious in Here's an excerpt from our announcement in Things don't get less serious in Our Word of the Year was exposure , which highlighted the year's Ebola virus outbreak, shocking acts of violence both abroad and in the US, and widespread theft of personal information.
Here's what we had to say about exposure in