Author Archives: Ethan-Vanderbuilt
The Salty Droid aka Jason Jones has recently gone to court on behalf of victims of the Herbalife scam: JEFF RODGERS, PATRICIA RODGERS, MICHAEL LAVIGNE, JENNIFER LAVIGNE, CODY PYLE, JENNIFER RIBALTA, IZAAR VALDEZ, and FELIX VALDEZ. The Salty Droid has a long history as a scam buster and has taken on the Herbalife scam with satire for many years. Now he and Mark Migdal & Hayden are taking them on in court.
Business Talk with Jim Campbell on 9/17/2017 focused on the topic of the Direct Selling Association (DSA) efforts in DC to legitimize MLMs with few customers. Prof. Bill Keep and Bonnie Patten executive director of TINA.org take on the DSA in an interesting interview that brings together many of the people that are involved in these efforts.
MLM companies try to take on the banner of continuing the long tradition of direct sales. In my opinion, many are continuing the tradition of snake oil salesman. Lotions, potions and pills are the foundation of many of the top MLM scam companies. These lotions, positions and pills seem to help with almost everything. Just like the products that snake oil salesmen offered. My subscribers have requested that I take a look at the Juice Plus+ Virtual Franchise. Here is what I have found.
Cryptocurrencies are the hot investment these days. With the rising price of bitcoins, countless people are trying to cash in on the craze. My subscribers have asked me to take a look at BitConnect. Like any commodity, cryptocurrency prices change with supply and demand. At any moment the market can collapse. BitConnect claims to step in and provide stability.
There is a continuous stream of scam cryptocurrencies that are being created and promoted to people. One of them has just been shutdown in Ukraine. The Prosecutor General's Office together with the National Police uncovered an illegal scheme aimed at taking funds of individuals under the pretext of the introduction of a cryptocurrency.
It’s hard to pass up a job opportunity that promises a large income and the flexibility of working entirely from home. Especially when the opportunity appears at the top of your online search results and includes video testimonials of success stories, making it seem legitimate. The problem is, most of these job opportunities are scams and won’t deliver on their promises.
DasCoin, which dubs itself the currency of trust, is a hybrid cryptocurrency that works similarly to OneCoin. Anyone who invests in DasCoin does so through NetLeaders, where you use real money (ranging from €100 to €25,000) to pay for your NetLeader license. The more funds you put into your license, the higher assigned value your DasCoins will have.
Michael Gehart a ViSalus distributor has sued ViSalus for operating an illegal pyramid scheme. He also alleges they allowed him to run an Amazon storefront that sold ViSalus products at wholesale prices. There are some very powerful claims in this lawsuit.
On July 20, 2017 the Italian CONSOB (Commissione Nazionale per le Società e la Borsa) or Italian Securities and Exchange Commission, suspended promotion of Questra World/Atlantic Global Asset Management from one of the top Facebook pages promoting this scam. This is similar to the action they took against another scam called Coinspace. CONSOB is taking an active role in shutting down the promotion of unregistered investments in Italy.