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Lia Sophia Shutting Down

By Wallace Nuanez

It was revealed on their business call today that Lia Sophia will be shutting down. This comes as a surprise as up until a couple of days earlier, suppliers were heavily promoting the items and company. Lia Sophia is a family possessed business that was founded by Victor Kiam under the name Lady Remington several […]

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SEC Shuts Down Zhunrize Alleging It To Be A Pyramid Scheme

By Wallace Nuanez

Zhunrize has become another casualty from the SEC. On 9-23-2014 the SEC shuts down operation of Zhunrize which to many was a big surprise. Here Are Some Details Zhunrize, launched in 2013 is a shopping and savings portal and offers affiliates a replicated shop, which the company has branded “ZhunCity”. The shopping portal starts at […]

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SEC Charges TelexFree For Being A Ponzi Scheme

By Wallace Nuanez

We all kinda seen it coming, yup the SEC is slamming the hammer down on TelexFree and charged them with being a Billion Dollar Ponzi Scheme this Tues.! Secretary of State William F. Galvin on Tuesday charged a Marlborough online marketer of online phone service with running a billion-dollar pyramid scheme, mostly targeting Brazilian immigrants. […]

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TelexFree Files For Bankruptcy

By Wallace Nuanez

TelexFREE Files for Bankruptcy through voluntary Chapter 11 Petitions To Facilitate Financial And Operational Restructuring. The commissions of 30 Top earners are frozen. TelexFREE LLC today revealed that it and specific of its affiliates and subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code, in an effort to attend to […]

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Vemma Changes from MLM to an Affiliate Company

By Wallace Nuanez

Brand Promoters inside of Vemma must be wondering what the hell is going on with this drastic change from being a MLM over to an affiliate marketing model. In an unexpected statement, after 9 effective years in the network marketing/MLM market, Vemma Chief Executive Officer BK Boreyko made a vibrant change to the very foundation […]

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Todd & Christina Perry (5 Star Ambassadors) Resigns From Visalus

By Wallace Nuanez

Visalus 5 Star Ambassadors, Todd and Christina Perry, placed among the company’s leading earners, have actually made the choice to resign their positions in Visalus. Christina states:. “Todd and I have been extremely blessed representing Visalus. We appreciate the company and love’s Co-Founders– Nick Sarnicola, Blake Mallen and Ryan Blair. We likewise have the deepest […]

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WCM777 Shut Down By US Authorities

By Wallace Nuanez

WCM777 Shut Down By US Authorities. As initially reported by Patrick Pretty, and Behind MLM, WCM777, run by Phil Ming Xu, was hit with the conclusion of an examination by Massachusetts’ Workplace of the Secretary of the Commonwealth Securities Department. Massachusetts has actually halted WCM777, saying it was linked with entities in Hong Kong, the […]

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