Gerador de riqueza resultados forex

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Resultados do forex dos geradores de riqueza.
Resultados do forex dos geradores de riqueza.
Resultados do forex dos geradores de riqueza.
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Sobre nós. Club Team Elite foi fundado por Kevin Richards, um parceiro independente da empresa de marketing de rede Wealth Generators com mais de 10 anos de Forex Trading.
Geradores de riqueza Resultados reais do Forex - YouTube.
A Wealth Generators foi fundada por pioneiros da indústria de educação financeira. Com mais de 40 anos de experiência em ações e negociação de opções, os fundadores vieram ...
Geradores de riqueza | LinkedIn.
Os últimos Tweets da Wealth Generators Wealth Generators são reais - um serviço que os comerciantes de forex não querem que você use. Resultados de . Enviar. Fechar. Suas listas.
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Revisão dos geradores de riqueza | Geradores de riqueza Scam True?
09.05.2017 & # 0183; & # 32; Generadores de riqueza lança emocionante Novo Forex e resultados detalhados de desempenho Forex em profundidade para cada um dos geradores de riqueza.
Treinamento de Forex - 2 dias de resultados de negociação ao vivo.
28.02.2018 & # 0183; & # 32; Pensando em juntar-se a esta nova empresa MLM? Descubra a verdade sobre esta empresa nesta revisão de Geradores de Riqueza e por que você não pode se juntar.
Geradores de riqueza lança um novo produto Forex emocionante.
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Geradores de Riqueza.
Geradores de Riqueza, Salt Lake City. 17K gosta. Os Geradores de Riqueza oferecem Educação Financeira e Estratégias de Negociação - somos classificados como um editor de.
Revisão dos geradores de riqueza - MLM ou Scam exclusivo?
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Geradores de Riqueza.
Notas importantes sobre o desempenho: o desempenho da conta nos alertas Forex da FxOnE começa em 1 de junho de 2017. O desempenho passado não é indicativo de resultados futuros.
Geradores de riqueza - MLM e Forex Trading Investment.
Wealth Generators é uma empresa de marketing de rede que oferece treinamento e ferramentas para ajudá-lo ... bem ... gerar riqueza. Geradores de Riqueza, o nome soa.
Bem-vindo ao Wealth Generators - MVP TEAM.
09.05.2017 & # 0183; & # 32; Companhia de fitness financeira Wealth Generators Wealth Generators lança resultados de desempenho de Forex emocionantes novos para cada um dos geradores de riqueza.
Comentários dos geradores de riqueza | Marketing multi-nível.
Salt Lake City, Utah (PRWEB) 08 de outubro de 2018 - 07/10/15 A Wealth Generators tem o prazer de anunciar melhorias no WG FOREX! Após um lançamento inicial de 90 dias.
Geradores de riqueza - MLM e Forex Trading Investment.
Saiba mais Comece O QUE SEUS FINANÇAS FORAM ATRAVÉS DO CAMPO BOOT? TRABALHO MAIS INTELIGENTE NÃO HARDER Geradores de riqueza é tudo sobre ajudar seu dinheiro a trabalhar para você. Nosso Encontro.
Desempenho: geradores de riqueza.
Bem-vindo aos geradores de riqueza. Basta olhar os resultados das últimas 4 semanas. Wealth Generators Forex trading resultou em 976 pips.
Geradores de riqueza - Oportunidade de crescimento mais rápido do mundo.
02.06.2017 & # 0183; & # 32; The Wealth Generators App torna simples para os membros fazer negócios a qualquer momento.
Os geradores de riqueza são um embuste? Este - Blog Extra Paycheck.
Video incorporado & # 0183; & # 32; O FX Simplifier é uma tecnologia patenteada de comércio de automóveis que oferece resultados. Geradores de riqueza Forex trading a página principal em geradores de riqueza.
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11.12.2018 & # 0183; & # 32; (888) 778-5372 Wealth Generators LLC 4 anos no negócio 12 S 400 W # 3 Salt Lake City, UT 84101-1241.
Geradores de riqueza - Home | Facebook.
Geradores de Riqueza. Geradores de Riqueza. (FX, Forex) é de natureza muito especulativa, qualquer menção de desempenho passado não é indicativo de resultados futuros.
Revisão dos geradores de riqueza - Make Money Expert.
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Resultados Forex dos geradores de riqueza
A FxOnE oferece uma experiência de mercado interativa diferente de qualquer outra.
Desenvolva suas próprias habilidades de Forex ou simplesmente siga os especialistas.
FxOnE é um dos produtos Forex mais excitantes e interativos da Wealth Generators.
Live FX Opções Binárias Sessões de Negociação Forex Trade Alerts Forex Education and Training.
A sessão de negociação de opções binárias FxOnE alavanca estratégias de curto prazo para dar resultados imediatos em uma quantidade relativamente curta de tempo dedicado. As sessões de negociação são muitas vezes tão curtas quanto 15 minutos, ao mesmo tempo que oferecem retornos excitantes e geralmente lucrativos!
Com os Alertas comerciais Forex da FxOnE, nossos especialistas fazem toda a pesquisa e análise e fornecem essa informação por meio de alertas e e-mail. Uma vida de experiência colocada diretamente em suas mãos. A FxOnE oferece estratégias comerciais exclusivas e treinamento em Forex detalhado.
As sessões de treino FxOnE centram-se principalmente na educação comercial e na análise de mercado. As sessões também serão gravadas para que você possa revisar a sua conveniência.
Nota: Moedas de negociação e opções binárias envolve risco, incluindo o risco de perder parte, tudo ou mais do que o dinheiro investido. O desempenho passado não é indicativo de resultados futuros. Os membros usam as ferramentas e estratégias de negociação de geradores de riqueza por sua conta e risco.
EXPERIENCE FxOnE HOJE!
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Wealth Generators LLC 12 South 400 West Salt Lake City Utah 84101.
WG Germany GmbH Am Klagesmarkt 29-30, 30519 Hannover, Alemanha.
A Wealth Generators LLC é uma subsidiária integral da Investview (OTC: INVU)

DESEMPENHO.
HISTÓRIA DO COMÉRCIO TRANSPARENTE.
FxOnE Forex Trade Alerts Performance.
FxOnE Forex Trade Alerts são rastreados em duas contas ao vivo. A primeira conta acompanha a negociação apenas de moeda. A segunda conta ao vivo chega o comércio de petróleo e commodities, bem como a troca de moeda.
Estatísticas completas no myfxbook.
Inclui Comércio de Petróleo e Mercadorias:
Estatísticas completas no myfxbook.
Negociação no Oil & amp; A conta Commodities começou em 3 de novembro de 2017.
FXOnE Binary Options Trade Performance.
As posições das Opções Binárias do FX são hospedadas em sessões de negociação ao vivo. Os membros participantes podem colocar as mesmas posições nas suas próprias contas de negociação de opções binárias. As percentagens de vitórias recentes são relatadas para a esquerda.
O desempenho binário é baseado no desempenho da conta direta designada do diretor da sessão. O desempenho individual variará de acordo com o preço de entrada, o cronograma e os relatórios de corretagem.
Notas importantes sobre o desempenho:
O desempenho da conta nos Alertas Forex da FxOnE começa em 1 de junho de 2017. O desempenho passado não é indicativo de resultados futuros. O desempenho comercial variará devido a uma grande variedade de razões, incluindo, entre outras, a ação de preços, velocidade do mercado, demanda, tempo, disponibilidade, novidades, tamanho da ordem, roteamento, tamanho da conta, margem para citar apenas alguns. A negociação envolve risco, incluindo o risco de perder parte ou todo o dinheiro investido. Geradores de riqueza não é um consultor de investimentos, corretor ou fiduciário. Os geradores de riqueza não fornecem conselhos de investimento. A Wealth Generators é uma editora de pesquisa e educação financeira. O usuário do programa Wealth Generators negocia sob seu próprio risco as informações fornecidas uniformemente a todos os assinantes.
RYZE Performance.
Reflete uma data de encerramento de 12/18/2017.
Notas importantes sobre o desempenho:
O desempenho passado não é indicativo de resultados futuros O desempenho apresentado reflete os lucros e perdas realizados (negociações fechadas) e não reflete o valor das negociações abertas (não realizadas) O desempenho da conta individual variará devido a uma variedade de fatores O desempenho do comércio diário está disponível em tempo real Ao fazer login na sua conta de corretagem O usuário do RYZE assume todo o risco A troca de moedas envolve risco, incluindo o risco de perder parte ou todo o dinheiro investido Tamanho mínimo da conta $ 500 US
Detalhes do produto.
As retiradas de contas com um saldo abaixo de US $ 2.000 requerem desapego total da tecnologia RYZE.
As retiradas de contas com saldo de $ 2.000 ou mais podem ser retiradas parciais sem restrições.
Equity Performance.
Os alertas comerciais dos Geradores de Riqueza são registrados pelos nossos Especialistas em Mercado e entraram em uma Conta ao vivo de Geradores de Riqueza. Registramos todas as negociações e fornecemos o histórico de nossa pesquisa de alertas comerciais. Isso não representa o desempenho de qualquer assinante individual, pois todos os resultados variam e cada assinante comercializa a seu critério e risco. Os assinantes podem usar nossas informações de alerta de negócios em seu corretor de eleição. O desempenho declarado como "Retorno sobre o investimento" (ROI) não é representativo do crescimento da conta geral.
Desde o início.
Os resultados não incluem comissões.
Tabela de desempenho reflete a data de encerramento de 28/12/2017.
Os resultados começam em agosto de 2018.
FATOS IMPORTANTES RELATIVOS AO DESEMPENHO.
A Wealth Generators está empenhada em relatórios transparentes e precisos sobre o desempenho do nosso Market Experts Trade. Todos os negócios são gravados, mesmo aqueles que são cancelados ou não são preenchidos. É importante que aqueles que revejam o desempenho compreendam todas as variáveis ​​que afetarão o desempenho geral do comércio.
O desempenho passado não é indicativo de resultados futuros - nunca. O desempenho comercial variará devido a uma grande variedade de razões, incluindo, entre outras, a ação de preço, velocidade do mercado, demanda, tempo, disponibilidade, novidades, tamanho da ordem. Nosso "Retorno Total" representa o retorno cumulativo de cada comércio que não deve ser confundido com o desempenho geral da conta. Você não teria todos os seus fundos investidos em cada comércio, portanto, o retorno da sua conta refletirá seu tamanho e alocação de pedidos para cada comércio. A comissão comercial não está incluída, pois variam de intermediário para intermediário. O usuário de alertas e serviços comerciais do WG assume o risco total e a responsabilidade de sua atividade comercial. O usuário deve negociar "virtual" até ter confiança em suas atividades de comércio e alocação de pedidos. A atividade comercial, margem, tamanho da conta, tamanho da ordem afetará e variará o histórico comercial. A negociação envolve risco, incluindo o risco de perder parte ou todo o dinheiro investido. Geradores de riqueza não é um consultor de investimentos, corretor ou fiduciário. Os geradores de riqueza não fornecem conselhos de investimento. A Wealth Generators é uma editora de pesquisa e educação financeira. O usuário do programa Wealth Generators negocia sob seu próprio risco as informações fornecidas uniformemente a todos os assinantes.
JUNTE-SE A NÓS HOJE.
1.888.778.5372 | Das 10h às 19h do leste.
Wealth Generators LLC 12 South 400 West Salt Lake City Utah 84101.
WG Germany GmbH Am Klagesmarkt 29-30, 30519 Hannover, Alemanha.
A Wealth Generators LLC é uma subsidiária integral da Investview (OTC: INVU)

Os geradores de riqueza são um embuste? Esta revisão irá poupar dinheiro.
Geradores de riqueza tem sido uma das mais quentes empresas MLM (Multi-Level-Marketing) em 2018. Eles fizeram muito zumbido, eles prometeram tornar todos ricos e eles inscreveram um monte de associados (também conhecidos como distribuidores) para promover o negócio para outros .
Se você está lendo esta postagem na esperança de encontrar informações positivas sobre Geradores de Riqueza, então pare de ler agora. Hoje vou escrever sobre o lado sombrio da MLM e I # 8217; estarei compartilhando alguns detalhes sobre essa empresa específica que as pessoas envolvidas com o WG não gostariam de nada.
Se você esteve no meu blog antes de saber que eu não gosto de MLMs simplesmente porque a maioria deles (nem todos) se tornam esquemas de pirâmide, roubando dinheiro de pessoas facilmente influenciadas. No entanto, desde que trabalho no espaço de marketing, não posso ajudar, mas ser exposto a muitas novidades na indústria. É assim que me deparo com outros brilhantes e promissores negócios de Marketing de Rede, os Geradores de Riqueza.
ACTUALIZAÇÃO: dezembro de 2018.
O órgão regulador da Superintendencia Financiera da Colômbia (similar à SEC) afirma que o Wealth Generators é um esquema de pirâmide. A Superintendência Financeira da Colômbia fez essa reclamação contra a empresa em 16 de dezembro de 2018:
A Superintendência conseguiu verificar se a empresa mencionada oferece pagar "benefícios" representados em dinheiro, para afiliados que atendem ao requisito de recrutar mais pessoas que contribuem com seus recursos monetários, que é a única fonte de dinheiro que sustenta a pirâmide.
O sucesso (de Geradores de Riqueza) depende do recrutamento de mais afiliados que contribuem com o dinheiro para manter a pirâmide crescendo em progressão geométrica.
A Superintendência lembrou aos residentes da Colômbia que os esquemas da pirâmide são ilegais no país e as pessoas que participam de tais práticas correm o risco de se envolverem em atividades ilegais.
Senhoras e senhores, este é o ponto de inflexão.
Geradores de riqueza e # 8211; Primeira impressão.
Neste caso, fiquei muito curioso sobre geradores de riqueza por causa das pessoas envolvidas nisso. Você vê, algumas das suas principais vendas também estiveram envolvidas no WakeUpNow (WUN). WUN trabalhou duro para recrutar pessoas inocentes em seu esquema de pirâmide por cerca de 5 anos. Ele acabou desmoronando (como costuma fazer) e uma vez que muitas pessoas estavam perdendo dinheiro (82% de seus membros), os principais recrutadores começaram a deixar a empresa, culpando o gerenciamento, culpando-se e culpando praticamente todos os outros o planeta, exceto eles mesmos.
Avance rápido de alguns meses e começamos a ver as mesmas pessoas agora promovendo os geradores de riqueza. Esses vendedores têm um talento para persuadir as pessoas crédulas a se juntar a outra rede superestimada, prometendo incríveis riquezas e um mínimo de trabalho (se houver). Se você já contou alguma das WG & # 8220; associadas & # 8221; que o negócio soa como um esquema de pirâmide, eles pareceriam ofendidos e eles começarão a gritar: "Como pode ser uma pirâmide?" Esquemas de pirâmide são ilegais! & # 8221; & # 8230; mais sobre isso mais tarde.
O que são os geradores de riqueza.
O WG posiciona-se como um plano comprovado de aptidão financeira e riqueza pessoal # 8201 ;. Seus vídeos promocionais lhe dizem que você não precisa ter qualquer experiência em negociação ou financiamento para esse assunto e que você só precisa investir 1 a 2 horas por mês para alcançar o sucesso financeiro. Esta é a primeira bandeira vermelha. Você realmente acha que pode investir 1 hora por mês e começar a negociar FOREX (câmbio) e ganhar milhões de dólares? Os melhores comerciantes de Wall Street passam 60 a 80 horas semanalmente trabalhando, mas os geradores de riqueza podem mostrar-lhe como fazer em 1 hora por mês e # 8230; a sério?
Screenshot do vídeo promocional do WG.
No entanto, se você procurar qualquer um dos líderes de sua equipe, eles nunca vão contar nada sobre negociação em ferramentas do WG. Eles vão explicar que o dinheiro real vem da venda de membros do Wealth Generators para outras pessoas. Sempre que você inscrever novos membros no programa # 8211; você ganha dinheiro. E isso é, senhoras e senhores, o principal objetivo do WG & # 8211; para recrutar tantos membros pagantes quanto possível. Então sim, a Wealth Generators é uma empresa de marketing multinível. Como muitas outras empresas similares que faliram ou foram derrubadas pela FTC, a WG usa suas ferramentas financeiras & # 82201; como uma frente para o seu possível esquema de pirâmide. Eles vieram com um front-end & # 8220; produto & # 8221; para que eles pudessem ficar legais aos olhos da lei, mas provavelmente ganhou por muito tempo.
O que você obtém dentro dos geradores de riqueza?
WG oferece algum treinamento básico em Forex, bem como um software forex. Eles também oferecem acesso a TaxBot, um software que o ajudará a acompanhar suas despesas e receitas para facilitar a sua declaração fiscal. WakeUpNow também ofereceu o TaxBot aos seus membros. Agora, o TaxBot é um software legítimo, certificado pelo IRS (tanto quanto eu sei) e normalmente é vendido a US $ 19,99, também costuma ser vendido e você pode obtê-lo por US $ 9,99.
Você também tem acesso a um software de negociação Forex. É aqui que fica mais interessante. Seu software permite que você troque dinheiro virtual (simulação) ou que você possa começar a negociar dinheiro real, se você estiver disposto a arriscar e o risco é muito alto. Este tipo de software tem acontecido por ANOS e, na maioria das vezes, você pode obtê-lo completamente gratuito. Os desenvolvedores de software Forex dão de graça, porque eles fazem uma comissão todas as vezes que você troca dinheiro real. Eles não se importam se perderem suas economias de vida ou se você virar um lucro # 8211; Assim que você colocar dinheiro real através do sistema & # 8211; eles ganharão uma comissão. Talvez os Geradores de Riqueza ganhem dinheiro com seus negócios, talvez eles não tenham o objetivo principal, depois de tudo, é que você inscreva mais membros no sistema.
A principal preocupação aqui é o conselho que eles lhe dão na negociação. Não consegui encontrar nenhuma prova de que os representantes do WG sejam certificados pela Comissão de Valores Mobiliários (SEC) dos Estados Unidos. É ilegal fornecer qualquer tipo de assessoria financeira nos EUA sem ser certificada / aprovada pela SEC e autoridades financeiras similares em outros países. Eles podem ser destruídos pela SEC uma vez que a comissão descobre o que o WG faz, no entanto, tenho certeza de que o WG tem bons advogados para se protegerem (pelo menos por um tempo).
Pergunte a qualquer comerciante profissional (e certificado) sobre o Forex e eles lhe dirão que o risco é incrivelmente alto e até mesmo as pessoas com 20-30-40 anos de experiência no campo geralmente recomendam contra o forex de negociação, pois não há como prever o resultado .
Quanto custa os geradores de riqueza?
A participação dos geradores de riqueza custa US $ 129,99 por mês. No entanto, quando você estiver se juntando, você seria altamente encorajado a pagar a taxa única de $ 249 para que você qualificasse bônus codificados (e depois continue pagando a taxa mensal de US $ 130). Mas oi, se você trouxer 3 outros membros dispostos a pagar US $ 130 cada, o WG agitará sua taxa de associação. Suas taxas de associação continuam pulando, mas no momento de escrever isso é o custo de se juntar ao WG.
O que você obtém por US $ 130 por mês? Um software de imposto de $ 9.99 e um software gratuito de negociação forex. Mais importante, você tem o direito de vender a oportunidade do WG a seus amigos, familiares e todos os outros por aí.
Geradores de riqueza e # 8211; A pirâmide?
Se você está trabalhando com o Wealth Generators, provavelmente você já está na borda depois de ler esta postagem no blog. Eu sei que você quer me chutar no rosto gritando O WG não pode ser um esquema de pirâmide porque os esquemas da pirâmide são ilegais e eu entendo você. Vendendo as ferramentas financeiras & # 8220; & # 8221; Como um produto realmente faz WG legítimo, pelo menos temporariamente. No entanto, olhei através do conteúdo publicado pelos melhores ganhadores do WG & # 8217 e percebi que nunca falavam sobre o forex, nem para investir, nem para taxar, ou qualquer coisa além do recrutamento. Eles treinam as pessoas, mostrando seu plano de compensação e explicando que o dinheiro real está na inscrição de novos membros para geradores de riqueza.
Wealth Generators comp explica vídeos nos mostram como você receberá 7 níveis de profundidade no sistema (ou pirâmide). Por exemplo, inscreva-se em 3 pessoas. Cada um deles assina 3 pessoas. Cada um deles assina 3 pessoas. E assim por diante para 7 níveis. Aqui está uma imagem de uma pirâmide de 3 níveis apenas para lhe dar uma idéia.
Isso é apenas 3 níveis da pirâmide do WG que tem 7 níveis de profundidade.
Plano de compensação dos geradores de riqueza.
Então, quanto você paga pelo ingresso de novos membros no sistema Wealth Generators?
Eles pagarão US $ 5 por cada membro ativo. É claro que muitas restrições se aplicam aos planos e ao bônus do comp, mas a regra geral é que você recebe 5 $ por cliente. Também eles têm esse nome chamado clubes. Clube basicamente significa que você está recebendo uma quantia garantida de dinheiro todos os meses. Por exemplo, se você tiver 12 pessoas em sua linha descendente de pirâmide, você ganhará $ 500 mais $ 5 por cada membro (total $ 560). É claro que as pessoas vão cair da sua linha, muitos irão vê-lo como uma farsa e simplesmente sairão, muitos outros serão forçados a sair porque eles não estão fazendo um único centavo, mas eles precisam gastar US $ 130 mensalmente para permanecerem membros. O objetivo é que você sempre terá que estar empurrando essa oportunidade # 8220; # 8221; em novos membros para fazer algum tipo de dinheiro. Este não é um negócio, este é um trabalho que exige que você engane as pessoas a perder seu dinheiro suado, prometendo-lhes riquezas fáceis e indefinidas.
Se você olhar para o aviso de redução de ganhos da Gerador de Riqueza, eles afirmam claramente que: & # 8220; Muitos geradores de riqueza não podem ganhar nenhuma comissão & # 8221 ;. Isso não deveria ser uma surpresa. Embora os geradores de riqueza ainda não publiquem um relatório de renda para seus membros, você poderia simplesmente olhar para qualquer outro relatório do MLM para ter uma idéia dos níveis de renda. Cerca de 0,1% a 0,2% das pessoas nessas empresas gerarão renda de 6 dígitos. Sim, esse é o nível mais alto da pirâmide. Os proprietários da empresa e os poucos melhores recrutadores. Menos de 1% das pessoas ganharão cerca de 6-10k por um ano completo. Mais de 80% das pessoas não farão um único centavo e realmente perderão dinheiro. Tenho certeza de que não é diferente com o WG.
E quanto a garantia de devolução de dinheiro dos geradores de riqueza?
Como muitas outras empresas MLM, a Wealth Generators está registrada em Utah. Utah é considerado o céu MLM por causa de suas leis amistosas MLM e taxas baixas. Além disso, as leis em Utah obrigam as empresas a oferecer um reembolso total de 72 horas a cada cliente. Este período de tempo é bastante maior em todos os outros estados. Três (3) dias podem não ser suficientes para a maioria das pessoas perceber que eles estão envolvidos em uma fraude. Se você olhar para as doações recebidas pelos partidos republicanos e democratas em Utah, as duas principais empresas que doam dinheiro são empresas MLM (muito maiores do que a WG). Há também vários congressistas e mulheres em Utah que estão envolvidos em empresas MLM e endividam-nos publicamente.
Geradores de riqueza também promete reembolsar você TRIPLE de suas taxas de adesão se você não conseguir ganhar dinheiro com seu software de Forex dentro de 6 meses. Esta garantia parece incrível e muito sedutora. No entanto, você precisa entender que existem requisitos muito específicos para ter direito a esse reembolso. Você precisa provar que você está seguindo o treinamento para o ponto (como você pode provar isso?) E você precisa mostrar que você fez um número necessário de negócios. Escusado será dizer que eles encontrarão um motivo pelo qual você não se classificou para o reembolso triplo.
Além disso, a maioria das pessoas que se recusam a se tornar associados da WG e só usará o software fornecido para eles cancelará sua associação dentro de um mês ou dois, ou talvez até três meses. As pessoas pagarão a taxa de adesão de US $ 130 por mês, eles perceberão que não podem negociar Forex com dinheiro e que o TaxBot custa apenas US $ 10 (quando estiver pronto). Mas se você cancelar a sua adesão sem aderir durante todo o período de 6 meses (cerca de US $ 800 de seu investimento), você também será desqualificado de qualquer reembolso. Tão simples como isso.
Como é legal?
Eu acho que o Wealth Generators é mais um esquema de pirâmide. Existe uma linha muito fina e desbotada entre as empresas de venda direta legítimas muito raras e os esquemas de pirâmide de marketing de nível de milic que fraudam as pessoas. Sempre que um novo MLM aparecer, eles precisam apresentar um & # 8220; produto & # 8221; para disfarçar sua estrutura principal & # 8211; a pirâmide. A FTC (Comissão Federal de Comércio) entende isso e muitas vezes fecham essas empresas porque entendem que o & # 8220; produto & # 8221; ou & # 8220; serviço & # 8221; oferecido é falso e simplesmente serve como um disfarce. No entanto, a burocracia e os advogados surpreendentes que são contratados por empresas de MLM em regime piramidal tornam o trabalho da FTC & # 8217; muito duro e duradouro.
Às vezes, leva alguns anos para que a FTC reveja uma empresa e provar que uma empresa está de fato operando um esquema de pirâmide ilegal e não um negócio legítimo. Enquanto a investigação prossegue, os recrutadores de MLM continuam a correr gritando # 8220; Não é um esquema de pirâmide, isso seria ilegal! "# 8221 ;. No início deste ano, a empresa Vemma MLM foi encerrada pela FTC pelo mesmo motivo. Os seus representantes também correram em círculos chamando as pessoas estúpidas por não entender a incrível oportunidade de Vemma. No entanto, quando a FTC desligou-se para executar um esquema de pirâmide, a maioria dos representantes cale-se e mudou-se para outro esquema de MLM (estou certo de que alguns deles agora estão orgulhosamente representando os Geradores de Riqueza).
Cansado de procurar uma maneira fácil de ganhar dinheiro?
Isso é porque não há uma maneira fácil. Você certamente pode começar seu próprio negócio bem sucedido online, mas prepare-se para trabalhar duro.
Qual é o futuro dos geradores de riqueza?
Cerca de 99% das empresas MLM não passam mais de 5-6 anos. Alguns decidem desligar antes de a FTC os forçar. Alguns declararão falência para evitar o reembolso dos membros ou o pagamento de compensações (enquanto os proprietários estão rindo todo o caminho para o banco) e alguns outros serão eventualmente encerrados pela FTC.
Esta é, naturalmente, uma especulação da minha parte, mas vejo WG sendo encerrado antes de 2018. A maneira mais fácil de prever o final final de um MLM é simplesmente acompanhar alguns dos seus principais recrutadores. Essas pessoas sabem o que estão acontecendo e são os primeiros a saltar para o navio.
Espero que tenha gostado desta publicação e espero que você não tenha perdido dinheiro juntando-se aos geradores de riqueza.
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126 Comentários.
Excelente blog, eu tenho um muito bom amigo já envolvido no WG, ele já está vendendo todos os seus amigos sem educação para isso, mas ele já duplicou seu investimento inicial. Meu conselho para ele sair do mais rápido possível com o que você ganha. Se é uma pirâmide # do que você perdeu, esta é a minha experiência. Alex O que acontece com as contas bancárias fora do show com contas de juros altos que eles mantêm dinheiro, também poderia quebrar a falência?
Oi Summa. Seu amigo afirma que duplicou seu investimento inicial, ele contava quanto dinheiro gastou até agora e se ele realmente lucrativo? Eu tenho amigos que alegaram que ganharam um monte de dinheiro com a ACN, Herbalife e outras empresas de MLM. No entanto, nenhum deles conseguiu demonstrar isso. A sorte uma vez que saiu dentro de alguns meses, só perdeu algumas centenas de dólares. As pessoas menos afortunadas presas lá por anos, perderam milhares de dólares e a maioria de seus amigos ao longo do caminho.
Infelizmente, não ouvi falar de contas bancárias off-show com contas de juros altos e # 8221; que você menciona, então eu posso realmente comentar sobre isso.
Os geradores de riqueza não foram nada fabulosos! Agora estamos sendo negociados publicamente no mercado de ações e eu fiz mais de $ 700 na semana passada de apenas um de seus produtos.
Oi Jennifer. Infelizmente, não há nenhuma maneira para eu verificar suas reivindicações de renda. A isenção de responsabilidade do WG & # 8217; é "Muitos geradores de riqueza são incapazes de receber qualquer comissão".
Muitos golpes de estoque de moeda de um centavo e outros também estão sendo negociados publicamente. Alguns costumam fazer isso por anos até que eles finalmente se fechem. Infelizmente, ser uma empresa de capital aberto não garante a legitimidade da empresa.
O melhor sucesso para você,
Os geradores de riqueza são um grande golpe de MLM. Lembre-se do outro golpe que esses caras estavam correndo? Acorde agora? Logan Shippy é o homem da frente para o embuste do WG. Comentários falsos e muitas experiências ruins de novos recrutas incapazes de obter o dinheiro deles. Qualquer pessoa que defenda essa farsa é um recruta tentando obter mais pessoas a bordo para que elas possam recuperar seu próprio dinheiro que perderam nesta fraude. Fique bem, rapaz, salve seu dinheiro e inviste inteligentemente.
Obrigado por compartilhar George.
Tenho curiosidade se você pessoalmente experimentou o WG ou isso é apenas uma opinião? Estou constantemente procurando pessoas que eram membros da WG para que elas pudessem compartilhar suas experiências com meu público.
Para mim, parece que você só conhece um tipo de maneira de ganhar dinheiro online. Marketing de rede é o que ele menciona. Tendo um produto, tendo outros se juntando e ganhando uma compensação através de sua rede. Agora, eu não acredito nisso um local confiável para confiar em revisões de serviços comerciais. Se você não sabe nada sobre o mundo comercial, eu definitivamente não sugeriria que você comentasse o assunto. Há tantas outras inscrições que vão para o mesmo ou muito mais para alertas comerciais via Forex, opções binárias e ações. Muitas variáveis ​​vão decidir onde investir para que alguém confie em uma pessoa que só faz marketing afiliado é risível. Por favor, faça suas pesquisas em outro lugar e decida sobre sua experiência, o apetite de risco e a motivação que você tem para fazer viver este mundo para você e sua família. Eu tenho muitos amigos que são extremamente bem sucedidos com Forex e opções binárias. E isso não envolve WG. O GT é apenas o começo para que os assinantes obtenham uma melhor compreensão e conhecimento. Ah, também, o Forex e as opções binárias são ilegais em outros países devido a políticas culturais e outros motivos demográficos. Só porque algo é ilegal em outros lugares não é uma maneira ruim de ganhar dinheiro em todos os lugares. Elogios e que Deus abençoe todos com abundância, afinal estamos aqui para providenciar nossas famílias e nós mesmos.
Obrigado pelo seu comentário, Abraham.
Parece que você não teve a chance de ler meu blog e perceber que eu tenho muitos fluxos de renda diferentes e o marketing de afiliados é apenas um deles. Desejo-lhe sucesso com o WG enquanto ele ainda está em alta e não está sendo desligado pela FTC ou outra autoridade.
O que você acha desse site de qualquer maneira? Eu acho que pode ser o mesmo sistema ou algo assim, ou parece legítimo?
Para ser sincero, nunca ouvi falar da GEM para que eu não possa comentar sobre isso. Eu dei uma olhada rápida e não tenho ideia do que eles realmente estão fazendo.
É realmente óbvio como alguém criará tempo para criar um blog sem sentido assim apenas para criar tráfego.
Seu roteiro me diz que você não é instruído quando se aproxima do modelo de negócios do século XXI.
É tão ridículo como você conhece melhor do que Robert Kiyosaki, Ross Jardine, Richard Branson, Bill Gates, dobald superou o resto deles quando se trata do modelo de negócios do século XXI, mas você está tentando sobreviver com você blog inútil.
Eu estou super espantado com a forma como as pessoas lhe ouvem ouvidos quando a sua escrita me diz que você está promovendo algo de seu interesse criticando algo legítimo e verdadeiro # 8230;
Nunca critique o que você não entende.
Oo eu recebo. Você é uma dessas pessoas que estava em uma empresa de mlm, mas era tão miserável e com medo de se tornar uma pessoa melhor.
Como parte dessas postagens que se juntam e querem começar a ganhar o esquecimento de que todo sucesso duradouro é um processo de aprendizagem hardcore.
A aprendizagem leva a ganhar "# 8230 ;.
Os geradores de riqueza são a melhor coisa que encontrei desde 1 mês agora e # 8230;
Os softwares estão funcionando maldito !! Como fogo.
Eu até comprove meus pagamentos ...
Recrutamento ou recrutamento, faço dinheiro com a companhia diariamente. & # 8230;
Só prova de tolos prova.
Continue com seus blabbings. Enganar muito para levá-lo como treinador para atender seu interesse.
O que funciona, funciona ...
E conheça.
A crítica jamais vacilará ou as sombras do que é verdade. Isso só faz brilhar, torna melhor e expande & # 8230;
Então, se você não quiser que a empresa cresça, mantenha a boca fechada!
Faça sua pesquisa um melhor escritor.
Obrigado pelo seu comentário Crown.
Infelizmente, eu vi muitos dos meus amigos serem queimados por MLMs diferentes ao longo dos anos, então eu entendo esse & # 8220; modelo de negócios & # 8221 ;. O fato de que os Geradores de Riqueza agora está sendo classificado (e proibido) em outros países por ser um esquema de pirâmide diz o suficiente sobre essa empresa.
Eu adoraria ver seus resultados e lucros usando o software WG. Até agora, muitas pessoas prometeram mostrar-me a prova deles, mas todos desaparecem quando peço ver essas provas.
Por último mas não menos importante. Eu tive a opção de não publicar seu comentário, no entanto, eu decidi que outros leitores devem ver o comentário típico de um membro do MLM.
O melhor sucesso para você,
Before you create blogs that contain half truths, you would be very well served to do your homework first. .. or maybe you’re too used to trying to make your own money from readers of your uneducated blog. You want proof? Well here it is. Go to myfxbook and type in ryze 2.0. This is only one of the many useful products under Wealth Generators. The monthly interest earned from forex accounts is currently higher than any savings, checking, money market or 5yr CD in the U. S. I would continue with additional proof but I really don’t think your blog or comments are worth my own time to try to prove someone who is wrong even more wrong!
Thank you for stopping by and leaving a comment Paula. I am happy to see this blog post struck a cord.
If you’ve read the post in full you should understand the main concern with WG. It’s the fact that most of their money is made through pyramid-like recruitment scheme and not the actual investments in forex. It’ll all make sense when WG gets fined or shut down by the FTC or SEC.
I hope that one day you realize people have spend years (their entire lives) studying the stock market and forex. Trillion dollar financial corporations haven’t found know that trading is a high risk since WG has found the magic formula to creating wealth should we have them contact them? Speaking of education how do you explain that most of their recruits don’t have a higher education degree? Because they make you think that they are useless? Or because they have a hard time recruiting people who are actually educated? You are a month in I know how does meeting go from experience. Right now you think I’m part of the 99% of the world who “doesn’t see it” or that is not an entrepreneur or that I don’t wanted as badly as you do. At this point you have started to see you family and friends as dollar signs “$” and soon will end up alienating yourself from them. Yes you might be making 100 bucks every now and then from a couple of thousands you put in this is something that can be done by simply reading about trading online. They teach you how to because a leader correct and influence others? Wouldn’t it be best for you to use the money, energy and time to come create something new? Again the o Lu reason I even comment is for others to see the reality and not to let themselves be controlled by others.
Pablo, good argument. Only thing I don’t agree is the relevance of higher education. I’ve seen PhD’s fall for MLM’s and there are more than enough stories of high school drop-outs building billion dollar empires. I think in this particular case what really matters is the lack of financial education or even basic understanding. As you mentioned, biggest financial gurus can never guarantee the kind of returns that WG promises. How is this not a red flag to more people?
And then comes the MLM part, the real reason why WG exists. Most recruiters within MLM companies not only fail to make a profit, they actually lose money. In fact, 99.6% of people involved with even huge companies such as Herbalife, Usana, Amway, Nu Skin and many others waste their money. These numbers come directly from FTC by the way. It’s beyond me why someone would consider joining an MLM when this kind of information is available.
Thank you for putting this out there Alex. Knowing the financial world I know how much work people put into the analysis of stock exchange/forex/pennystock/etc. I recently attended a WG meeting in LA where they clearly do not educate on the financial side of making money but on the recruitment of other members clearly a pyramid. A couple of friends have been wanting me to join but I refused as it is clearly a business waiting to get shut down. I met a guy at the meeting who was supposed to be one of the “leaders” remembered his name and with a little bit of digging and research I found out he was involved with another company called VEMMA that was shut down a couple of years ago for being a pyramid. Please google VEMMA and read about how that company was shut down. I found A LOT of similarities between VEMMA and WG the only thing changing is that instead of selling juice it is now a software. I really hope I’m wrong and this works out for my friends who are part of it but the history and odds are against them. The reason I write this is because they recruit people similar in age who are in a vulnerable position in theirs lives (college students/ young adults who are about to transition in a stage in life and feel lost) and promise them the stars by making them feel like they are profiting a few bucks every couple of weeks. I would hate to see more of these young minority adults contribute the little money they have with false hope.
Pablo, it is very unfortunate that they’re going after vulnerable people who simply don’t know any better.
I blogged about VEMMA shutting down in the past.
A few years ago there was another big MLM called Wake Up Now. Several of WUN top recruiters jumped ship when the news of WUN shutting down came out. Guess where these recruiters went? Geradores de Riqueza. And they will eventually jump that ship as well and simply join/open new MLM scheme to keep milking their downline.
Thanks for the info, I’ve been studying forex for a few months, and here in Mexico I got an invite to subscribe to WG, but as you explained on this post, it is so fishy when they just don’t even really seem to earn that much in FX but some of them say they have earned from other people.
that is just sad.
It is sad and it is how pyramids work.
I started WG in December. I don’t recruit. I got in for the investment, to be able to make trades. Because I’m in Canada I don’t have to physically make the trades. the software does it for me. Since January of 2017 I have made between 4% to 5.5% monthly on the money that I’ve put in my trading account. I leave the money in my trading account and occasionally add to it. Based on the last four months leaving my money where it is at an average of 5.5% interest compounded daily I will be very wealthy in a few years. You say you’ve never seen proof. I’d be happy to show you the screen shots of the monthly amounts I’ve made so far this year as proof.
Will I sponsor anyone? Talvez. I might share the idea with a few people some day, those who are interested in making more that 1.45% interest that bank gives.
I am glad to hear it’s working out for you and yes, I would like to see proof of 4-5.5% of monthly interest.
I took pictures of the proof, but didn’t have a way to post it here so unless you give me a way to show you I can only tell you, March 1 – March 31 $1000 deposit in my forex account – profit for the month $75.10 from April 1 to April 30, on that same $1000 deposit – profit $75.56 and for June 1st to June 10 (with another $2000 deposited into the account to bring it up to $3000 deposited by me in the account) – profit so far this month $33.21.
Hi Tabatha. You can upload screenshots to IMGUR or similar sites. I would also like to see your long-term profits (over 6monts – 1 year).
Also I would be interested in hearing why you need a WG membership and can’t use any other free trader software (as there are plenty).
Hello Alex, what about the acquisition of Wealth Generators from InvestView, now WG is going public for the stock market. Whats your opinion about that? There`s any background with other MLM companies doing the same thing?
I haven’t looked into InvestView and have no opinion about this at the moment.
What I’d like to remind you is the company called Enron. They are often referred to as one of the biggest scams in the recent U. S. history. Their stocks caused a loss of $78 Billion to investors and a lot of folks lost their life savings, retirement funds, houses and so on. Just because the company is publicly traded doesn’t necessarily mean that everything is legit.
I am curious what does Wealth Generators have to do with Enron. Since those days there have been law like the Sarbanes-Oxley Act and other fail government agencies that regulate these types of businesses heavily. I have done personal research into this company and find no real fault in them. Also they are publicly traded and have an A+ rating with the BBB for over 4 year. Better than most banks in America.
So before you start a blog and deceive people do your research sir….
The reference to Enron was to simply prove a point that even a huge corporation trusted by millions can be a scam. Sure there have been new regulations added. However, many publicly trade companies are still getting fined and shut down consistently. It takes time to prove a company’s wrong-doing, sometimes it takes years. So the simple fact that it’s “out there” does not actually prove the legitimacy.
Unfortunately your BBB reference is also of no help. This next bit comes from Time :
“The investigation showed extortion-type practices applied to local businesses: Those that paid annual dues to the BBB were handed accreditation and A ratings, while those that didn’t play along were given subpar grades, even if they hadn’t received complaints.”
The A+ rating on BBB is achieved by simply paying BBB’s membership fees. É tão simples quanto isso.
Good luck to you,
Please I will want to know more about TCC (Trade coin club) How real is the business or is it a scam. Is the company registered in the USA to actually trade on coins like Bitcoin and the rest.
I haven’t heard of Trade Coin Club and I will look into it.
From a quick look it seems like TCC doesn’t have a good reputation so I would recommend not giving them any money before doing more research.
The company also seems to be registered in Belize (offshore) and not in the US.
You are an angel. Please do keep up the good work.
I would like to become more familiar on how to make.
some legitimate income and the affiliate marketing sounds good. Been pondering over how it is does.
I had been approached by some individuals who call themselves legitimate.
I am happy to hear you found this post helpful Lisa.
A little while ago I did a very detailed explanation on Affiliate Marketing model, feel free to check it out here.
Very int resting reading all the comments and seeing some refer to Wealth Generators as a Pyramid Scheme. So what is a pyramid – it is where one at the top makes all the money or takes the decisions. Every business is therefore a pyramid and even the US Government with the President at the top of a team which goes down through the ranks to the people.
I was happy to join Wealth Generators and being in UK was able to open an FX Multiplier account which has generated 3.4% monthly over 8 months. This definitely beats what I’d get in a bank.
Wilson a pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
Any regular business doesn’t recruit it’s buyers asking them to recruit multiple layers inside the same business. Besides, you end up with a product that you actually need and use. How many WG members actually use the (useless) FX Multiplier? Pretty much none. WG members make money by selling the dream to new members who in their turn sell the same dreams to even more people. Hence the pyramid.
The good thing is that WG is starting to get shut down in some countries. It might take longer for UK and US but it will happen soon enough.
Wealth Generators is not a pyramid scheme, it is a legal MLM. And so whatc if I have to recruit 2 new people every week? You have to go to work everyday, what’s the damn difference.
This is precisely the difference. When you go to work you just do the work, you don’t need to recruit any paying members in orders to make money (off of them). That being said, I haven’t had a job since 2007 because I’ve been making a full time income online. A real business makes money off of a product and not from new paying members from the “downline”. I have yet to see a single WG member who can show they are personally making bank from WG’s products and not from recruiting. Existe uma razão para isso.
Blogs are good tools for people. Better when clear and informed. Is recruitment a requirement of WG… or another form of potential income if somebody wants to explore that?
Doesn’t every investment have risk and should that be disclosed clearly? Does WG hold people’s money or is it deposited into reputable brokerage accounts outside of WG?
I have personally seen the multiplier and it has performed better than any bank.
Are you aware that WG is part of a public Co now? Time will tell and always keep a close eye on any investment.
Blogs are good but should be checked and verified just like the companies they look at.
All members are highly encouraged to recruit. In fact many “top-recruiters” within WG will explain that the real money comes from recruiting new members and not from using FX Multiplier.
Every investment has a risk and there is no way to guarantee a profit of any kind. WG reps often claim incredible profits however they aren’t able to back these claims. As far as I know WG says that recruiters shouldn’t make any kind of monetary promises but they don’t really enforce or control the recruiters.
The money that people deposit go through the brokers. I have not been able to find any proof that these brokers are certified. Many online “brokers” are not certified and several are simply illegal. However they exist simply because it’s incredibly hard to control that online.
You also claim that you have personally seen the multiplier performance. Have you seen some “graphs” from a recruiter or are these your personal results with your own money? I am asking this because I have been approached by several Wealth Generators reps and they all say how they have “seen amazing results” however none of them was able to show me their own results… strange, isn’t it?
They are live in 74 countries and just added crypto mining to their product line. I too used their A. I. driven Forex trading platform and have earned about %3 monthly return. They are also monitored by a 3rd party. Apenas dizendo. Their not getting shut down in any countries. Just launched in PNG. Also, Vemma didn’t get shut down, they were investigated and was allowed to stay open.
Once again, the number of countries in which an MLM operates does not mean anything. I can build a blog in 5 minutes and agree to take orders from 150 countries – does that mean my business is credible and honest?
Please do let me know who is that “3rd party” that monitors WG. I am curious.
You are right about Vemma tho. They aren’t completely shut down. However after they agreed to restructure the company in order to get rid of the illegal pyramid scheme aspect they had going on a few things changed. According to TruthInAdvertising here are just a few changes that Vemma went through:
After the FTC action, Vemma, which was once operating in 50 countries and boasted $200 million in sales, shut down operations worldwide . Last fall Vemma Europe, which was under legal scrutiny in several countries, went into liquidation. The company is now operating only in the U. S. and Canada.
The June convention themed “Rise Up” held at the company’s Tempe headquarters had a “zero” budget and drew a crowd of just 200 in sharp contrast to Vemma’s 2018 convention, which nearly 8,000 members attended.
Vemma’s top distributors, including Alkazin, his wife Bethany (who was also named in the FTC complaint as a relief defendant) and their son Brad — a leader in the Vemma YPR movement — have moved on to other ventures.
Alex Morton, also a key leader in Vemma’s YPR movement, left to join Florida-based Jeunesse Global on the eve of the FTC action. He is now facing pyramid scheme and racketeering allegations . A class-action lawsuit suit filed in federal court in Arizona alleges, among other things, that Morton entered into a secret lucrative deal to join the Jeunesse skin care MLM at a top level and bring his team.
Anthony Powell, whose move from Herbalife to Vemma with his team was heralded with much fanfare, has also left Vemma and started his own MLM .
In short, it means that once they got rid of the pyramid aspect the whole business went down and it seems like it’s only getting worse. No surprise there, a pyramid scheme can’t be profitable once you take away the pyramid aspect from it.
I want you thank you very much for this article. A coworker of mine is trying to get me to join WG, but when he started to talk it immediately made me think of a pyramid scheme. Muito obrigado!
Always trust your instincts people. Even when saying “no” would probably make it a little awkward in the workplace (for me), at least I didn’t lose time and money.
Hi Karen, I am happy to hear you found this article helpful.
It is “uncomfortable” to simply say no in certain situations but it needs to be done. You can simply say you’re into too many projects and simply do not have the time for it.
Whenever I am approached by an offer such as this one I often ask for proof. Since the rep is promising I’ll make loads of money I simply ask to see their account so I could understand better if it’s for me. Every single rep failed to show me such proof. They all claim that they aren’t making money yet but the upline of their upline is super rich. Another thing I do sometimes is ask them to pay for my membership and I’ll reimburse them since I am guaranteed to make money. Well guess what, they aren’t excited about that idea either. No wonder…
Thank you so much for writing this. I literally was about to join WG and decided to do more reading and came across this blog.
No chance that I’m joining now.
I am glad to hear you found this article Emile.
Hey interesting review. What do you think of Amway?
I remember looking at Amway earnings disclaimers where over 90% of their distributors didn’t make any money and most actually lost money.
There is a very simple explanation of the industry in this famous video: Multi Level Marketing Enjoy 😉
Man Alex I thank you for your honesty and due diligence. I am currently joined in Amway and WG and feel like I’ve got duped.
I think it’s rather clear from my posts that I dislike the idea of MLMs in general. Even when an MLM company is 100% legit, their products are often overpriced and extremely hard to sell.
For example I do use some products from Yves Rocher – because they are of great quality and very reasonable price. Yves Rocher started as a mail order company however for many years now they have lots of physical stores retailing the products. And I do not need to become a “distributor” in order to be able to buy from them. I believe any legit company with great products allows the sale of these products through regular retail channels. If a product cannot be easily purchased by normal customers then there is something fishy going on.
Hello again alex. Daniel here once more. Btw thanx on ur response. It helps. So my buddy contacted me and we talked some numbers. When he asked how long am I gonna stay in the workforce, I told him I’m looking to exit in about 11yrs. So he send me a screen shot I guess from his accelerator thingy-ma-bob and here’s what he came up with.
Principal amount: 2,000.
Monthly addition: 150.
Duration: 11 yrs.
Interest rate: 60%
Inflation rate: 0%
What can u tell me about these numbers? I mean 900K in 11 yrs? You’re right the whole world would jump on those numbers. But are those figures even possible? What are they counting on to happen, or not happen, for that matter to reach the 900K? Again, thanx for any insight u may have on this. And I’d like to end this comment with: what kind of advise can u give me as to who, where or what I can invest in to get the maximum return of my money by the end of my 11yrs left working? In a 401k or IRA? Or elsewhere? Thanx again.
Daniel, as you mention yourself, 900k in 11 years for such a low investment is impossible.
If you want real numbers you should consult a reputable (and certified) financial adviser. Preferably one that earns commissions on your profit rather than on your initial investment. The truth is that your “buddy” only wants to recruit you into WG because he’ll make money off of your membership fee. Ask him to show you proof that he’s making 60% interest. He will fail to do so but he’ll tell you that the sponsor of his sponsor is making even more than that. It’s always “someone who knows someone” but there are never proofs of that.
And you’re wondering what are they counting on. They are counting on your money, because that’s all they want. They’re also counting to lure you in to become their promoter as they know you won’t make money with “accelerator” or whatever they call it these days. One thing I can tell you for sure, 11 years from now Wealth Generators will not exist. I am rather sure they’ll shut down in less than 5 years from now.
Oi. I’m currently being recruited by a WG “employee”. He says they’ve got a “phenomenal” 4yr track record with 25% ROI(return on investment) with their hands free trading system. Can u elaborate any on this? Here’s an exerpt of our conversation when I asked him about hands free trading:
Hands free is you basically put your money in your own brokerage account & set up what’s called our accelerator & forget it. lol your able to look at your phone & see what trades you’re in, profits & loses.. we are looking to make our equity/ stock market hands free soon that pulled in 88% ROI last year?
Care to elaborate on that as well? Thanx for any advise u can share.
The very first thing you must always remember when it comes to trading: There are no guarantees in trading. One simply cannot predict the market, ever. If a 25% ROI was guaranteed in anything, the whole world would be in it. Wall Street traders with amazing track records and 20-30 years of experience can’t even guarantee an ROI, let alone such high ROI. If you spend enough time researching this information you’ll find that it’s against SEC’s rules to guarantee an ROI in trading since it’s impossible to do.
The following information comes directly from Wealth Generators website:
“WG does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse in any way, the views, opinions expressed in the Information, does not give investment advice, and does not advocate the purchase or sale of any security or investment by you or any other individual. & # 8221;
This bit is also very interesting:
“Because Independent Wealth Generators do not have the data necessary to comply with the legal requirements for making income claims, a Generator, when presenting or discussing the Wealth Generators opportunity or Bonus Plan to a prospective Generator, may not make income projections, income claims, or disclose his or her Wealth Generators income (including, but not limited to, the showing of checks, copies of checks, bank statements,
email notices, electronic records, income system messages or tax records).”
Think about that,
Ei pessoal! If you missed it, there is an important update about Wealth Generators.
Colombia’s Superintendencia Financiera regulatory body (similar to SEC), claims that the Wealth Generators is a pyramid scheme. The Financial Superintendence of Colombia made this claim against the company on December 16th 2018.
It seems like it’s the beginning of the end.
What does this exactly mean? And the Colombia’s Superintendencia Financiera regulatory body, what type of powers do they hold?? Felicidades.
I imagine you are referring to the latest update on Wealth Generators? If so, it means that Superintendencia has accused WG of being an illegal pyramid scheme. Superintendencia is Colombia’s equivalent US Securities and Exchange Commission (SEC). They don’t have the power to shut a company down but they can and often do take the companies to court. Here is an example of how SEC works.
Thank you for your article and your discernment on the pyramid! This world needs more men who will lay the truth out. Obrigado novamente!
Interesting Blog and I learned a lot from this. Thank you so much Alex.
Thanks for reading Mar!
Thanks Alex for the Info. I nearly signed onto WG. Thanks for the eye opener. I was purposely invited to be a distributor and be recruiting people to get on board.
Stay away mate and dont advise anyone or recommend WG to anyone EVER! I am still with them and if you read down you can see what happened. Long story short a month ago I accepted a offer from one of the brokers, which was that they would double my money but I was not allowed to touch it until January 2017! However, what was not clearly explained and nor did anyone else explain (Inluding head distributors and recruiters who apparently have the knowledge) that my money would be required to do a certain number of trades. When I did the math based on what I had deposited againts the ratio being used to trade the money I realised I would need to wait atleast 2 years until I can touch my money. This was all after their so called master product The FX Simplifier caused us new comers to loose nearly 60% of our money within 3 weeks. As you can imagine I was infuriated and contacted the broker to pull my money who said yes I could but minus what they doubled it by! So now what WG are doing is trying to reqtify this massive loss they caused people by making a few tweaks and adjustments to the FX Simplifier, but this is extremly slow and I am simply holding tight until my money hopefully goes back to what it was!(so far not even close to 10% of my loss has been returned) And due to the loss people are pulling out, so people I had underneath me which were covering the £199 dollars a month charge are leaving which means I now have to pay that every month until I find 2 people. How can I possibly sell a product/service that has left such a bad taste and what am I supposed to sell to people? That…oh I joined but I lost money straight away but hey come join us anyway as you should think posative etc etc. They sold me a product that was supposed to do 4-6 trades a day, NOW its is doing 3-4 A WEEK! The founders apologised but never offered any compensation, I looked further and found non of the brokers were being properly regulated! Yet all this time all the recruiters in the group we are part of on whatsapp were leaving messages and saying oh its just a bad patch and making people feel bad if they left saying ‘oh you dont have a investers mind set, your weak, you have no belief etc’ YEAH they were worried that they would loose out on income due to people leaving because thats how the recruiters make there money! Shameful and disgusting tactics! God Lord I can go on and on and mention sooooo much more that I have missed out but to anyone who reads this I IMPLORE YOU DO NOT JOIN WG. (by the way I am so far £1000 dollars out of pocket within 2 months)
Thanks a lot for this blog much appreciated. I agree with few of the positive comments about MLM companies left in your comments section since it’s a fact if you put your time and you work towards your goal to have a residual or/and passive income generated by selling products on-line or recruiting people who sell their products gaining a percentage of their commission, then you’ll be successful. I’ve tried in the past a probably legit company and I failed due to my lack of effort and my unwillingness to bring others on board but definitely if many people make a living or a fortune out of those business it means it works.
Said that I’ve been yesterday to a WG presentation and in fairness they never mentioned 1-2 hours a month….but NO HOURS at all (??) as there is a team of 10 experts (why 10? who are those guys? how they do it? where are they?) that trade for you to pretty much double up your money each year, at a rate of approx 6% a month. Now not even the best traders in the world can promise a 6% monthly rate and especially in the forex market which is highly volatile. The 98% of the presentation wasn’t about markets and investments but purely recruiting somebody’s else that on the long term would produce a monthly income for you. At the end of the presentation I started my questions.
1) How can they trade on your account in your behalf across thousands people?
Answer: that’s their secret (. )
2) How long have you been in this business?
Answer: 8 weeks (. – bit short time to present it with such enthusiasm)
3) If the product you describe is soooo good that will make your initial investment (he produced calcs based on 1000$) grow to a bit more than 1,000,000 in 10 years are you investing real money in it?
Q: when did you start?
Answer: (remember he’s been in the business for 8 weeks)eh..mh.. I started 4 days ago (he said it after serious hesitation which means he prob never started)
4) when I asked about the reimbursement obviously the criteria were extremely vague (you need at least to be in the 90% of the trades…ok which trades? A: the trades those experts do (. )
I was introduced to it by a friend who joined. Did it put money in the investments? A: no I have a demo account (a demo account in a demo environment always performs well)I asked him to put real money in it and show me after few months the incredible results of this investments. So let’s see.
Then I went home I found your blog and learned of the 5/6 years business cycle of those companies. WG has been in the business for 3 years as they said…so still early to consider it legit and reliable.
Sorry for my digression, hope this helps other people that do not understand much about investing to raise red flags when they come across companies promising a massive wealth without any knowledge.
Roberto, thanks for leaving such detailed comment.
As you have explained, the main business model of Wealth Generators is recruiting more recruiters into WG. “Trading” is a product they need to offer in order to seem as a legitimate company and not as a pyramid scheme. However, members who join WG because they actually want to trade get disappointed fast. Most people who recruit new members couldn’t care less about trading because they do not trade anything, they make money by signing up new members… and the circle goes on.
By the way, they might have removed the video presentation from their website but it’s still on their Youtube channel: Wealth Generators Intro.
That used to be their main promo video and this is where they promise that you’ll be making loads of money with only 1-2 hours of work per month and NO experience in trading.
Thanks for this review, based on what you have written alot has changed in WG over the last year. I joined 2 months ago and have all ready lost alot of money alongside a few friends who joined. They sold me a product or service (FX Simplifier) that simply didnt do what it was supposed to do and made us all loose money. They simply stopped that service admitted they were wrong about it and simply told us to concentrate on another service which they offer which is Daily Trade Alerts! Not just this but SO SO SO many other issues I have had from the start I simply could not curse the company enough! If anyone is thinking of joining my advise is PLEASE DO NOT waste your time money and effort. I am extremely disappointed in myself that I even considered joining and fell for this Ponzy Scheme.
It is unfortunate to hear that you have joined WG with high hopes and got what you got. It always sucks to be sold a dream to only realize it’s all fake.
As I mention in the review, they will provide FX Simplifier or any other software/system simply to make the company seem legit while the FTC does its job proving the pyramid scheme.
They don’t care if their systems work or don’t because the only money they really make is by recruiting new paying members who will recruit more members.
You have to admit these folks are great sales people since they’re able to lure new clients in.
Am so happy to have come across this blog today. I was invited to one of their presentations today here in Nigeria and I was considering joining WG before I saw this blog. Thank you mr alex for saving me.
I don’t get it..if the top dogs are truly into stocks why don’t they actually sit back and really use the stock market to profit and help other people progit…is it easier to sell a dream than to profit off of stocks….
Exactly that. They aren’t making millions with stocks, they are making millions by selling access to WG to others. Then they tell their “customers” that the real money is in recruiting more paid members and not in the actual stock market. This is why it’s called an MLM.
Hey, what do you think about USANA? Very interesting your review.
I haven’t had any experience with Usana. However a quick Google Search reveals some very dark details. One of them being a class action suit against USANA:
A lawsuit seeking class action status has been filed in California State Court on behalf of thousands of individuals who became “Associates” (distributors) of USANA Health Sciences Inc. … The plaintiffs accuse USANA and several of its officers and directors of fraud and deception. Among other things, the suit alleges USANA (a) exaggerated the business opportunity, (b) failed to disclose that 87% of active distributors were losing money,…and (d) basically operated a pyramid scheme requiring a constant churn in its sales force. The lawsuit seeks damages for distributors left with thousands of dollars of losses each after paying for business “kits” and products they say they couldn’t sell. Earlier this year, similar class-action suits were filed on behalf of shareholders.
I’d suggest doing more a lot of research whenever you want to join a “business opportunity” especially in the MLM industry.
Its quite obvious you dislike M. L.M. but i have been involved in M. L.M. since 1989 and have been very successful but i did not making millions from it and the reason for that is i did not put enough of effort into it .
Now i am involved in Wealth Generators and i am making money from my investments and i also am making money from my network and i also have got incredible value from my learning modules and training and its not just $10 taxbot you get its a lot more that that.
This probably wont be edited because its true and you wont want people to understand why you put up posts in the first place but every post like this have a purpose and yours is to run down M. L.M. in general and at the end you will promote your own agenda which seems here to be Affilate marketing .
I would like you to discuss the names and credibility of the people behind W. G and tell people about all the packages you get when you join W. G you only seem to discuss the negatives no positives and there is a lot of positives PRINT THIS.
Thanks for leaving a comment. By the way, posting your comment once is good enough, no need to post it 4 times.
I am very happy to hear that you don’t fall within the 80%+ of MLM distributors who lose money with MLM. Hopefully you’re in that 1% that make more than $6,000 per year.
And yes, I dislike the MLM model and I do in fact make it rather obvious in this blog. Great observation!
By the way, have you seen the latest episode of LastWeekTonight with John Oliver? It’s a great one, you should check it out. Enjoy 😉
What’s your opinion of primerica? I recently joined it an just got told to join WG from my friend.
I’ve heard of Primerica, I knew people who were in it for a while (and tried to get me into it), most of them eventually quit that company.
In general I dislike the MLM business and naturally I suggest against it. I am sure there are some honest and good MLM companies but it isn’t my cup of tea. I prefer building a business that can generate an income without me constantly trying to recruit new members in my downline.
Hi Alex, do you always erase peoples comments when they state a valid fact that you dont agree with?
No. Comments are automatically deleted if they use profanity or insults or if they promote a product irrelevant to the post. You wouldn’t believe how much spam comments a website could get.
I approved this comment in order to answer it but usually irrelevant comments do not pass the moderation.
There are some good companies out there. When picking a company you need to be passionate bout the product, does it appeal to all types of people, is it a stable company, is it the next trend in business, etc. You can always check direct selling news for info on probably most of the network marketing companies. If you are looking at other companies let me know and would be glad to help.
Hi, I am actually in Wealth Generators, and I learned a lot there…
1.They have an app full of videos, articles and material about financial education and about trader.
2.They have live sessions whit experts about financial education and PIP ROOMS, where I can be in touch with the professionals traders who send to WG the information about when and where inverts the money into Forex and make my own questions…
3.Wealth Generators send the expert’s information to you, call it “Alerts”, across you member acount, so you can sell and buy in forex exchange market and start to generated money without know exacttly what are you doing while you start to understand how to do it by yurself…
4…and i never see that about 1-2 hours per month! Maybe somebody say that for enrroll but if you go into wealthgenerators can be shure about is not like you say it.
5.English is not my lenguage 😉
Tenha um ótimo dia!
Hi Natalia, English is my 4th language so we’re on the same page here 😉
Since WG is so great, how much money have you been able to generate through their “Alerts” is it’s not a secret?
And the promise of No Experience and only 1-2 hours per month is in their intro video. The video has now been removed from their website however it is still on their official Youtube channel, here it is:
I am a successful business person – led a start up to $25M in traditional business model and am now in another MLM and totally believe in the business model if approached professionally and vetted properly. There are some great MLM opportunities and 90% of people fail as in traditional startups. It’s not always the fault of overhype. It’s usually that people get sold as a get rich quick scheme. This is not the fault of MLM but people too willing to pray on people with “dumb money.” Regarding WG, I tried it just for trading and lost money. If you can be available to every trade alert, you can do well. However, if you miss an exit, you can get creamed as I did. They have a Forex system that so far has lost money. Over time, they may get the kinks out, but my guess is their retention rate is in the pits which means members only make money if from enrollments and enrollments of enrollments.
Conclusion: Don’t avoid MLM because of this one and “one of those” should not apply to all MLM’s, but do avoid this one.
Thanks for your feedback Alim.
As I mention in the review there are a few legit MLM companies that actually make most of their income from selling their product rather than recruiting. Unfortunately those are so few they’re pretty much unicorns.
I do agree with you that most of these programs lure people in with crazy promises of easy riches. Like WG states: No Experience Required, Only 1-2 Hours Per Month… and you will be rich. It’s so sad that people don’t raise a red flag right here.
And Forex is another story. Money can certainly be made bit it could be lost even faster and easier. Trading always has a risk and in my opinion trading foreign currencies is pretty high risk.
Thanks for this information and could you please share the names of some of the legitimate company’s that require selling a product that one could maybe consider.
Vegas, pretty much any big retailer online gives you an opportunity to promote their products and receive a commission per sale. For example: Amazon, eBay, Walmart, Toys R Us… and the best thing? They do not charge you a single penny to become their affiliate. Find their “affiliate” or “associate” link, join in for free and get to work 😉
I was offered this today here in Venezuela, thank God I googled it and found your article. I feel like I’ve dodged a bullet 😀 Thank you so much, Alex.
Soliana, I am happy to hear you found this post helpful.
I am in WG, thinking of leaving because the FX Simplifier has proven to be financially detrimental since I started. Yet still, I do not believe this company is a total scam full of evil people trying to trick you into draining your life savings etc.
I appreciate the bluntness with which this review is written. However, you ignore the simple acknowledgement that the people at the top of these companies worked their balls off for their success. Most people who say they want success simply aren’t willing to do what it takes. That only 3% succeed in this industry does not mean it is a scam. It means that 97% either just don’t want it badly enough or realize that it’s not for them, as I have.
Are there dishonest people who use unethical sales tactics to get recruits? Duh of course there are. That is not WG’s fault.
MLM does not equal scam. It is hard work though and you either love love love it or you don’t. That being said, with this company in particular, there are many kinks to be ironed out where the trade signals are concerned but that’s about it.
Thanks for such a detailed comment.
I don’t doubt that people at the top of Wealth Generators work very hard however their income is not generated by trading FOREX but rather by recruiting a constant flow of new paying members into WG.
This is the real problem here. Another disturbing factor about WG is their promise that you will make money with NO experience and investing only 1-2 hours per month! That’s completely ridiculous and.
unfortunately it lures people in. An honest company wouldn’t make such claims as we all know it’s impossible to get rich by doing nothing.
Someone invited me to join WG today, being a sharp person, as soon as I checked out their website it smelled fishy and I instantly realized it was “another one of those”.
Great blog and thank you for spelling it out for the public to see, you have just saved so many people from getting robbed.
Naturally the thieves are going to hate you, just like those trolling comments up there “Oh hey I made so much money or he/she made so much money”, if I’m making so much money I would keep my mouth shut and keep making so much money!
I thank you for taking the heat for the rest of us, Alex!
Thank for reading Louis. There are a lot of opportunities online that will allow you to make good money. A lot of these aren’t a secret but you’ll need to work hard to get to an interesting level of income. However, it’s sad that people fall for claims such as “make a bunch of money by working just 2 hours a month”…
Sooo let’s say I join WG and I start making money. What happen if the company gets shout down or bankrupt? Can I lose the money I supposedly earned?
Gabriel, it really depends on what happens and hot it happens. Many MLM companies that went bankrupt did not pay out their distributors because well, they had no money. If a company gets shut down by SEC or any other authority, they will try to reimburse the investors but often it doesn’t happen.
Great article Alex.
What is your opinion on Amway?
Juan, when it comes to MLM, I think there are very very few legit opportunities to make money, however those unicorns do exist. However, personally I would not touch any MLM, let it be Amway, Herbalife, ACN, Tupperware or anything else. It’s a personal choice.
Hi today 2 friends invited me to participate in WG program, I have watched on their facebook page that they have made per week 800 USD, But let me tell you something First I´m from a town in Mexico City call Queretáro and YES this type of program is now in here and is getting really popular they even have metting and all that stuff in really nice hotel and beaches, I´m really curios about this becouse, one of them a friend from college quit his job and seem to be doing great, but now that read this i´m felling insecure about this, can you explain to me how are they making money if they are only 5 PPL, how are they winning that kind of money if they are only 5.
As all the people I want to make more money, I would like to have my own business as anyone and I´m about to join in so can you please help me and explain to me sorry for the lenguage but.
HOW THE HELL ARE THEY MAKING THAT KIND OF MONEY?.
I just run with you blog awesome to read about this and more been from a different country.
First of all, have you seen the money that they earned or are they just talking about it? Every time I am approached by A Wealth Generators recruiter they promise me awesome results. When I ask them to show me proof of the money they made, they usually say something like: “Well I personally didn’t make that money yet but this guy who got me into WG did, you have to believe him” blah blah blah.
Another thing to think about: if your friend is the very first one to get people into WG in your group, he will be making commissions on all of your membership fees – that’s how he will earn money, by building a pyramid and calling it a business. Google “Wake Up Now” or “MonaVie”, “FHTM”… Herbalife is currently being investigated by the FTC, SEC, and DOJ…
Hey ?, good morning Alex. I enjoyed your blog it made a lot of sense. Recently I joined wealth generators and I sent an email back stating that I wanted to get out. They have this 10 day policy where I could get out with any penalty. I read their terms and conditions and realized this wasn’t for me. Everything sounded to good to be true. Now they sent me an email stating they would refund my money and they wouldn’t take any monthly costs out my account. If this is true great and if I isn’t what should I do?
As you said, if they refund you and stop charging you – great! Keep me updated on this 😉
The 10 day policy you mention is probably state specific as every state (and country) have different laws and regulations.
However if they do not stop billing you and do not refund you, you can probably contact your bank and explain the situation. I have noticed certain people getting some kind of arrangement from WG after doing a complaint on BBB. In any case, good luck to you.
I know two people who are in WG and they both make money through trade and people on their team also make money through. All young people around the ages of 21 and 20. Some even $1200 just from one trade and sometimes $900, one guy even made $1400 on just one trade. Yes they do make residual money too from bringing people in that’s true. But it’s not the only way they make money.
I have been approached by several WG reps on Facebook, through email and even through this blog. Somehow, everyone know someone who knows someone who makes money. Yet the people who praise the “successful ones” always seem to have an excuse: “I just started 3 months ago, I haven’t worked on it yet, I am still learning…”. I have met people making 7 figures per month developing apps, that doesn’t mean I can do it and I see no point talking about what “a friend of a friend of my cousin’s grandmother’s dog” earns. See where I’m going with this?
COMMENT FROM WG VIA BBB BETTER BUSINESS BUREAU IN REPLY TO 1 NEGATIVE REVIEW “Comment from the Business This customer was with us for a little over a month and was fully refunded due to his dissatisfaction. We explain to all our members that trading requires a long term commitment and we ask for our results to be reviewed over a 6 month period. Our trade results remain profitable and fully reported to all our members, each and every trade. Our members can see our full trade history and results at all times. It is unfortunate that this client was dissatisfied but we honored his request for refund immediately without issue. by on 3/14/2018”
So why do they claim “No Experience Required! Only 1-2 hours per month!” and you will be rich… Also a company that promises a refund should just grant one and not wait till everything gets to the BBB… where they kind of have NO choice as to refund. Nothing changes 😉
Cool post it opens up people’s eyes to WG.
Love the blog, would you consider selling it for a xx, xxx. xx figure? Please email me if so thanks.
And no, the site is not for sale.
Is MCA a legit company? Some people say it’s not but others say its legit..I Don’t know which side i should take on this.
I have heard a lot of “not-so-good” stuff about MCA however I have not done my research on them so I cannot give you an opinion on that.
I’m in WG. I’m in a battle with them right now over the 3x moneyback guarantee. One of the co-owners Ryan called, me yesterday arguing with me about my request for a refund. They are going to try and stick to their claims to the T. So far he has offered only my subscription fees of $850. I have supplied my trading history to them. Now they want me to highlight their trades vs my own. I have done that after regaining access once I put in my refund request they had suspended my access for over 2 weeks. I had to send an email threatening legal action in order to get my account reactivated so that I could see the trade history. I admit me and my upline did make some trades on our own in attempts to win some of my $$ back from the losses made by their trades. However, when I went thru and substracted out my personal losses/gains I was up. I’m prepared to fight then to end. Their “experts” have had huge draw downs week after weeks at a time. One way to know when their trades are doing good is to look at how many post you see on Facebook. When you not seeing much trade talk then you know their trades arent winning. They partnered with a co that supposedly has a algorithmic system without a losing day. They hyped it for months and had QG’s hyping it only to roll it to the top leaders only. Most of their top leaders arent really making their $$ in the forex markets. They are making it in recruiting. If you voice concerns about the huge drawdowns you are immediately demeaned and told to stop whinning or so what you lost a few trades. I have already filed a complaint with the AG in Utah. Next if they dont honor their 3x guarantee I will file a complaint with the BBB. My hubby works in law enforcement so we are preparing to go all the way with this. I will keep you all posted on the outcome.
Por favor me envie um e-mail. I am about to enter the same battle. Just want to know the outcome of yours and the process you took to achieve your outcome.
Liked the article. I am part of MLM called advocare. They never promote quick money and the products really do work. They state it’s a simple but hard business. I believe the are doing it right and have been around since 91 I believe. Quais são seus pensamentos?
Unfortunately I am not familiar with this company and have not done any research on it in order to offer any kind of advice.
I do see that they are in a nutrition/weight loss industry and what annoys me a little is that I can’t buy their products directly. Why do I need to become a distributor or find a distributor in order to buy?
You cannot buy directly because the company pays out the commissionn to the distributor based on a mouth to mouth recommendation. Thats the whole idea of this system, buying with his code lets the company know it was thanks to him that you found about this productos.
I understand how the system works and I find that it’s flawed. If the product is good, we shouldn’t be forced to go through a distributor. In affiliate marketing for example, you can go through the affiliate or you can go directly to the source if you think affiliate should not get a commission. Just imagine if you wanted to buy something on Amazon and you’d be forced to find a distributor first – that doesn’t make any sense.
Thats like comparing Apple to oranges though.
I don’t see it this way. If company sells a product or a service they shouldn’t oblige you to go into someone’s downline. This calls for a pyramid and that is a gray area.
So please for someone that really wants to use his computer to make extra quid at home and happens to be a good writer . What can he/she do?
I have lots of friends who are writers and in other jobs but just wanna make something no matter how little through the laptops …where & what can they do please?
In my personal experience, affiliate marketing is one of the easiest ways to earn money from home, especially if you like writing. However, the fastest way to earn an income online would be becoming a freelancer and offer your writing service to others. Check out sites like Upwork, Freelancer, Fiverr, etc, this is where you can write content in exchange of money 😉
Greetings alex. And how do you get paid if you are from countries like Jamaica like myself?
If you are talking about affiliate marketing then you will get paid by check or paypal, depending on a company you work with. Some might even offer direct bank deposit.
Hey man, great post. It explained a lot for me. Got a legit question for ya,
One of the big players for WG is in my general “network” of hometown friends. This is in the SoCal area, and he’s been using traditional sleazy MLM marketing tactics to draw in customers (videos w/ sports cars, jets, travel, etc.) It’s an obvious pyramid scheme, but WG really convinces these kids (16-30 yrs old) that they can make money quick too. This kid is financially retarded though – his last video had him sitting in a private jet, telling the pilot that if he compounded $2,000 at 7% over 10 years, he’d have a million dollars. He also advertises a 73% average yearly ROI for those that follow WG guides (which you know is absolutely obscene). This is all on video, and this guy has around 7000+ connections through WG.
What scares me is that they’re going after 2nd language English-speaking families and teenagers all over California, and successfully robbing them of their money. He posts daily about needing help to take his operation to South America, where I assume he plans on taking advantage of more uneducated, poor people.
Is there anything I could do to help these people? Or just sit back and accept the world is a fucked up place? I mean shit, this is at least illegal advertising is it not?
It’s very sad and unfortunate that many people are very gullible and naive. Over the years I have seen many “internet marketing gurus” promising easy money without any effort and they succeeded in scamming thousands of people. Same thing is happening with many MLMs now: Become a millionaire overnight without doing any work! If it was that easy we’d all be rich.
Every single time I am approached my an MLM (Wealth Generators or any other) rep I ask how much they make and this is when it gets into an uncomfortable silence, followed by: “Well I haven’t made money yet but you should talk to John, he’s killing it!” blah blah blah. Then you send them a link to the companies income disclaimer where you can clearly see that LESS THAN 1% within that company make a good living (top of the pyramid). 90% or more lose money. These are facts and people involved in MLM don’t like talking about these facts. So that’s something you van bring up to them 😉
Well, i am from México, a schoolmate contacted me through whatsapp telling me about this, I think I was asking too many questions because now I am in contact with his “leader” or something, I already scheduled a video chat to get a better explanation, but of course, I have been doing my research in the shadows.
Although Colombia has different rules and regulations from Mexico, this Wealth Generators statement from Superintendencia Financiera de Colombia must be read by as many people as possible. It wouldn’t be fun for people to get sucked into an illegal pyramid.
MLM are more scarier nowadays. They now have this new sneaky strategy claiming ” Making Money without recruiting a single sole”,”trading hand-free without wasting hours on the computer screen”.lol.
“ImarketsLive” is the kid on the block. “GV” Global Visionariez is the Most Popular Team, and ALL the TOP MLM LEADERS are moving in and recruiting like crazy.
wow amazing, congratulations this was really helpful…i have some friends who are joining to WG and they have ALOT of people already recruted… I’ll link them to your post, so at least a few of them could open their eyes… thank you 🙂
Obrigado pela leitura.
Unfortunately I’ve had a lot of friends trying to get me into MLMs of some sort. None of them succeed making money in the end.
Right now I am in a MLM that is very good, is not pyramid and have more than 30 years on the market and I love it. Because I have been in a MLM for multiple years all my friends that said no they invite me to any mlm they are on, like the WG. After reading your blog I am NOT GOING to wasted my money on WG, I feel sorry for my friends but their want easy money. Alex Thanks A lot for this amazing review.
From Puerto Rico.
Pedro, you have just described the exact issue. People want easy and quick money and there is where scammers deliver incredible promises of riches with in return of no efforts. If it was that easy, we would all be rich by now. The promise of quick and easy money should always be the very first giant RED flag.
this was really helpful..thanx =)
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