PDA

View Full Version : FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??



Pages : 1 2 3 [4] 5 6 7

MLM Broken Model
03-09-2014, 02:43 PM
To Tell The Truth

I found this statement on a Georgia Flexkom Promoters youtube video , "Flexkom is a German company founded in August 2010 that has been experiencing phenomenal success in Europe with the Flexkom Customer Loyalty Program. Flexcom has just opened for business in the USA."

Watsco, UGA1, FlexkomGAUSA or any Flexkom Promoter - IS THIS A TRUE STATEMENT? This method of marketing WILL NOT last for long, IMO.

At some point it will be time to start naming names of the Promoters who are NOT TELLING THE TRUTH about the 4 year history of Flexkom in their attempts to SELL THE DEAL to other Investor/promoters.

What did Karl Roller learn about Flexkom that caused him to leave? What caused Lyndon Farrington to leave?

Char
03-09-2014, 03:07 PM
What did Karl Roller learn about Flexkom that caused him to leave? What caused Lyndon Farrington to leave?

"No honor amongst thieves" comes to mind.

ribshaw
03-10-2014, 09:47 AM
But Ribshaw,

What happens if other Chattanooga people start promoting Beepxtra and go after the same shops? What will that do to the numbers? Apparently, Beepxtra is taking the globe by storm with a loyalty card reward system using a technilogically advanced pos system.

* * *
And, oh my goodness, what about the lyoness affiliates. Then what?



What about competitors? What if this is what we say it is? Then you think the multi billion dollar companies will just wait for us to start recruiting across the world when one market goes well? They would crush our little company, if we can't do it fast they will take over. So we come in under the radar and when it is to late everyone realizes what we have.


(!) Perhaps you missed the memo about "flying under the radar"? You see LyinEyes and CreepNXTdoor are using an "old school model". They would have never dreamt of recruiting as many people as possible at a few grand a pop and then seeing what shakes out. By the time they figure out what F*****M (redacted for secrecy) is doing it will be all over excepty the part where BMs put up their feet and light a fat victory cigar.(!)

This whole scheme reminds me of a discount card I looked at years ago. The set-up was simple, buy these cards for $25 and supposedly turn around and sell them for $50 under the guise of huge discounts at merchants of all sorts. These were the days when you could order a report from BBB, via hard copy, so it was a ways back. Turns out the company had had one owner but used several company names all pushing the same thing. None turned out to be a crowd pleazer.

Fast forward 20-30 years, slap a fancy terminal, some U-Tube videos --still the same scam.

ribshaw
03-10-2014, 10:03 AM
Currently, 43,000 franchisees and about 2 million loyalty cards (In the test, Turkey)



So the system was proven in Turkey. Turkey had issues but is doing great. I know you guys have problem with Turkey but that doesn't change the fact that the math worked.



No telling if these numbers are real, but since they were posted on a F*****M (redacted for secrecy) website lets use them. 2 Million loyalty cards is about 46.5 cards per franchisee. When UGA1 posted his $500 a month BM earning scenario he indicated 500 customers per terminal were needed.

I can't believe Watsco is doing anything other than repeating what his higher ups are telling him. Any way this is sliced there were a shitton of people recruited that are making nada, as has been indicated numerous times during this thread. Someone who has not committed to F*****M should really be demanding hard proof of the pitch, or simply consider a $2200 non-deductible, non refundable, donation to Ribshaw's Home for Wayward Cheerleaders.

freighttrain
03-10-2014, 12:07 PM
According to this Facebook Page, Eric Stinnett is the Georgia State Manager for Flexkom. He should be able to tell who the other guy is who works from his office and posts from his computer.

https://www.facebook.com/cashbackappsgeorgia/posts/10202738910567454?stream_ref=10

Char
03-10-2014, 12:58 PM
According to this Facebook Page, Eric Stinnett is the Georgia State Manager for Flexkom. He should be able to tell who the other guy is who works from his office and posts from his computer.

https://www.facebook.com/cashbackappsgeorgia/posts/10202738910567454?stream_ref=10

@Linkedin
Eric Stinnett
Georgia State Director for FlexKom America
Dalton, Georgia (Chattanooga, Tennessee Area) Marketing and Advertising

Oh my, I hope it's not the same person as below. Of course, this is only the charge and I'm not sure what the outcome was - Just to be fair. I'll certainly try to find out more:)


http://www.daltondailycitizen.com/local/x409207958/Area-arrests


Local News
Discussion
December 12, 2010
Area arrests
Dalton Daily Citizen

• Eric Matthew Stinnett, 42, 2013 Southcrest Drive, Dalton, was charged Friday by the Whitfield County Sheriff’s Office with felony theft by deception.

MLM Broken Model
03-10-2014, 04:33 PM
Wow. I did not know that. So, the Flexkom Investor/Recruiter/Promoter pays $2,200 for the right to recruit others and sign up businesses. I believe this is called Pay-to-Play. Then, they have to pay Flexkom another $500 for every merchant they sign up? Did the Flexkom Promoters know about this in the beginning? Then, the Merchant has to Double Up on the discount. Example: In order to give 10% to his customers, he has to give another 10% to Flexkom to run it and pay the pyramid players upline. Oh yeah, this is going to work! :)

The Flexkom Model simply doesn't make sense:

Let's say I own a Pizza Place and agree to add the program (since the Flexkom Rep is paying the $500, the local merchant has no "skin in the deal") and start promoting it as a CUSTOMER LOYALTY PROGRAM.
So, my customer comes in and I say to them, "Hey valued customer......sign up here and then go download the app and then download the QR code thingy and then I will give you 10% off as my way of saying THANKS FOR SHOPPING AT MY STORE." If they don't own a SmartPhone (as 40% DO NOT), then I have to convince them to ADD ANOTHER LOYALTY CARD to their wallet or purse. But for the sake of this discussion, let's assume they have a smartphone and can download the app and will then download the QR Code thingy and enroll into MY Customer Loyalty Program.

I give them 10% off their purchase - say $25 or $2.50, which goes on their FlexMoney Account. Keep in mind, this merchant ALSO give Flexkom an additional 10% or $2.50 to run the program, pay the multi-level uplines. So, before the merchant introduced their NEW Flexkom Loyalty Program, when they made a sale of $25.00, they got to keep ALL OF IT. Now, when they make a sale of $25.00, they have to pay out 20% or $5.00. NICE! (Now you can understand why the Model HAS NEVER WORKED ANYWHERE IN THE WORLD)

But it gets even Better. Remember that guy Watsco (who finally learned his lesson and now ONLY reads the posts)? Well, he is selling the SAME SYSTEM to the other Pizza Parlors in the area. Remember that $2.50 MY CUSTOMER RECEIVED on their $25.00 purchase? MY CUSTOMER can now go to MY COMPETITION and USE THE $2.50 paid by ME to SHOP AT MY COMPETITORS STORE!

I AM NOT MAKING THIS STUFF UP PEOPLE!!

So, how is this going to benefit the Local Merchants again? Oh yeah, part of what they GIVE TO FLEXKOM gets paid BACK TO THEM when their customers USES THEIR LOYALTY REWARDS to shop with THEIR COMPETITION. How long will it take for the Local Merchant (who never paid for the system in the first place) to realize this basic flaw in the system (and there are other flaws too) and OPT OUT? And when this happens to ONE, TWO, THREE merchants in a local community, how long will it take for the entire HOUSE OF CARDS (I mean APPS) to come crashing to the ground?

The Model is Broken. However, that is not going to stop the Promoters (Net Winners) from doing what they do best - selling the hype, the dream and the 6-figure residual income to Others (Net Losers).

Whip
03-10-2014, 05:51 PM
Your example is flawed slightly but I can make an argument against flexkom just the same. People usually pick a pizza shop they like and stick with it. People are picky about how their pizza tastes (I ran a pizza shop). Once they find one they like, they are not going to go to joe blow pizza just because he's giving away part of his profit.

My own business is repairing equipment. People come to me because I know what I am doing - so much so that I don't advertise. It's word of mouth. They are not going to leave me and go to some other shlub who has no idea what he's doing just because he's giving a discount. They want their **** fixed and fixed right the first time.

MLM Broken Model
03-10-2014, 06:23 PM
Whip - we pretty much agree. But help me out here - where do you see the "flawed slightly" part of my post? By the way, I have no problem admitting I am wrong about a point of view or opinion. I am here for one reason ONLY - to warn as many people as possible and to encourage them to do their own due diligence.

There is no Customer Loyalty Program on the planet that will help a Pizza Joint (to use this example) with lousy tasting pizza. Agreed. But this was not the point of my illustration.
And, in your type of business, I don't see a lot of loyalty programs initiated either.

However, all of the consumer data is telling us "a properly structured" Customer Loyalty Program with a Mobile Texting communication feature will help bring the existing
customers BACK MORE OFTEN.

Flexkom is not "properly structured" IMO. It does work well with MLMers who like the Sell the Dream model and Quick Money for those early promoters. I think Flexkom offers $1,000,000 bonus to the really
BIG PROMOTERS. And this money is paid out from the $2,200 Pay-to-Play investments too.

Whip
03-10-2014, 06:38 PM
Whip - we pretty much agree. But help me out here - where do you see the "flawed slightly" part of my post?

I guess flawed was a poor choice of word. I was getting at the loyalty based on that's what people like and not because of a discount. If I have the same people coming in every Friday night getting the same order every Friday night (which I did like clockwork), I have no reason to give them a discount. I would give them something extra like an appetizer occasionally anyway but I didn't have to. And they never complained or expected one. They certainly complained once when we couldn't get our regular Bleu cheese though.

MLM Broken Model
03-10-2014, 07:03 PM
Whip - thanks for the clarification. What I like about your post is your use of Real Life experiences and NOT some new technology that forgot one thing: human nature. Your post addresses this area and it's based on actual personal experiences. Since the Flexkom model has NEVER been proven in ANY country, that is where I have a major problem.

Here is my problem with Flexkom, plain and simple: They came to the USA market in August talking about their HUGE success in Turkey. Most of this information turned out to be a LIE. I have a problem with that type of marketing. I also have a problem with the people who are aware of this failed model and knowingly try and profit from it.

NikSam
03-10-2014, 07:25 PM
Small Businesses always adapt :)

7191

NikSam
03-10-2014, 07:44 PM
Other dramatic flaw,
they assume the end shoppers are coupon hunters running around small businesses with the expensive smart-phones , after all those people choose $500+ phone over $50 phone.

They better target grannies with coupon books and offer them free seizers instead of FlexMoney.

ribshaw
03-10-2014, 10:05 PM
So, how is this going to benefit the Local Merchants again?

If my understanding of Flexmoney is correct, your analysis brought to mind two other potential snafus.

The reward system seems asymmetrical in the way it appears to benefit merchants with higher ticket items at the expense of those with a lower ticket. Assuming for a second there is a tire shop situated next to a restaurant. Both use the Flexkom system, a customer buys a set of tires for $500 and gets $25 in Flexmoney, while waiting for their car, they head next door and get a free lunch. Hard to see the reverse happening with any frequency.

All things are seldom equal, but how long before the restaurant owner says enough is enough?

========================
Similar to above...

I don't know how typical I am as a consumer. All year I save the cash back rewards on my Discover Card until I cash in at Amazon. I can see merchants like a dry cleaner or cobbler giving a FK discount knowing full well the consumers will save their Flexmoney and go out to a "destination" to treat themselves. Without some sort of way to reconcile this disparity my suspicion is destination merchants will grow weary of handling FK redemptions.

Of course in any scenario FK gets paid, even the one where no merchants at all particpate.

NikSam
03-10-2014, 10:47 PM
Ribshaw, i assume merchant has a direct way to convert FlexMoney to cash, so people spending FlexMoney at restaurant still bring him money.
If merchant has no way to cash out FlexMoney but can only use it to send to others - that would be really retarded.

Or FlexCom leaders can have a shopping spree in alleged 12k stores with FlexMoney balance generated out of thin air,
Oh, wait. We already have seen that done with other Admins of digital currencies :)


In other words FlexMoney is a form of a digital currency or a Money Service Business and a subject of registration by US FinCEN and in every US state of the recipient and sender :)
How many years of jail they give these days to unregistered money transmitters? I think about 2.

In EU, MSB registrations are being simplified now and MSB can just get a license in one of the union's member country to cover all EU, while every member of EU is free
or overrule and declare that MSB as unauthorized to serve its residents.

freighttrain
03-11-2014, 04:57 AM
There is another big flaw in the Flexkom system. I believe it has been pointed out before in this topic, but it does not hurt to repeat that.

Every Flexkom shop has to give discount and double that up with the commission for Flexkom.
Let's say that the discount given is 5%. The shop then has to give away 10% of his income.

First of all, there is nothing that prevents a store from not telling Flexkom about the transaction. This saves the store 5%. Also, the customer keeps the other 5% in dollars in his pocket, in stead of FlexMoneys on his card. That means that the customer can spend his money at not only Flexkom stores, but all other stores as well. Ian Driscoll mentioned in the Mirror that this is true and that Flexkom does not have a solution for this, but he seemed not to care.

Well, let's say that in the future, Flexkom does come up with a solution for this. Every Flexkom store had to pay to Flexkom for every transaction. What would happen next?
Any competitor of the Flexkom store then has a huge advantage. He can offer his product cheaper than the Flexkom store, because he does not have to pay to Flexkom. He could give more discount than any Flexkom store and still keep more money for himself. For intance, he can offer 7% discount. That would mean that he still makes 3% more money than the Flexkom store and the customer pays less than when he shops at the Flexkom store.

Char
03-11-2014, 07:34 AM
For me as a customer, 5% or 10% doesn't get my attention. I look for sales of at least 20% and really get going when I see 50% off or BOGO. I'm not going out of my way for a measly 10%. I might for 20% but that's 40% out of the shops' pockets if they're with Flexkon. Yikes.

Now if I were a real wheeler and dealer and I knew about how Flexkom worked, I'd say to the shop:

I'm on the fence about buying new tires. I'll tell you what, I'll buy your tires today but since I see that you are a Flexkom merchant giving 10% off which means you also are giving 10% to Flexkom, give me 20% off the top and you have a deal. Then I'm going to take the money I saved to my favorite restaurant who isn't a Flexkon merchant and enjoy my lunch.

Char
03-11-2014, 08:46 AM
Elaborating slightly on my above post, the 50% sales are usually at the end of the season. I can't imagine a shop giving 50% off all the time. How would they survive? And 5% isn't going to draw me in on a daily basis. The whole thing is a stupid idea as far as I'm concerned.

ribshaw
03-11-2014, 09:03 AM
Ribshaw, i assume merchant has a direct way to convert FlexMoney to cash, so people spending FlexMoney at restaurant still bring him money.
If merchant has no way to cash out FlexMoney but can only use it to send to others - that would be really retarded.

Forgive me if I am being daft. That makes more sense.

==============================
FlexKom Review: Merchant network and recruitment | BehindMLM (http://behindmlm.com/companies/flexkom-review-merchant-network-and-recruitment/)

FlexKom claim that 1 FlexMoney is worth 1 EUR


A customer purchases a $10 widget and receives a $2 discount. The widget merchant pays FlexKom an additional $2, of which FlexKom keeps 80c (40%). The remaining $1.20 (60%) is paid out via the comp plan, with the referring merchant receiving 20% of the $1.20 (20% of the 60%).

==============================

In the above the customer receives a $2 immediate cash discount , leaving Flexmoney out. For the other $2, $.80 goes to Flexkom., $.24 goes to the referring merchant, leaving $.96 to create Flexmoney and BM commissions. Easy Peasy.

ribshaw
03-11-2014, 09:27 AM
Elaborating slightly on my above post, the 50% sales are usually at the end of the season. I can't imagine a shop giving 50% off all the time. How would they survive? And 5% isn't going to draw me in on a daily basis. The whole thing is a stupid idea as far as I'm concerned.

YES!!!

The whole recruiting model is what blows this deal. Well and a product that has yet to perform as promised.

If they had hired a small professional sales force and just signed up merchants this MAY make sense. But the everyone makes a million on burritos and starched shirts makes things impractical very fast. As I was typing, CNBC had an ad that crossed for Livedeal which sounds like it does the same thing +++, LIVE Profile | LiveDeal, Inc. Stock - Yahoo! Finance (http://finance.yahoo.com/q/pr?s=LIVE+Profile). Just like Geebo discussed a few pages back which does EVERYTHING FK does +++ And all the other me-too pyramid programs like Lyoness.

It also seems that for the BMs to make any kind of money they either need a ton of terminals, or a ton of recurring traffic. How many businesses meet that model and are willing to discount at double the rate? I love to eat, but as Whip indicated I have my favorites discounts or no. Even there I may hit a place once or twice a month tops. Certainly, if I get a coupon or am in an area I may stop and eat somewhere different, but most of the time I don't frequent them. 50% off clothes, tires, TVs, plumbing, mean zip unless the service is needed, and how many of those businesses are there versus constant traffic businesses?

Stewart
03-11-2014, 10:22 AM
There is another big flaw in the Flexkom system. I believe it has been pointed out before in this topic, but it does not hurt to repeat that.

Every Flexkom shop has to give discount and double that up with the commission for Flexkom.
Let's say that the discount given is 5%. The shop then has to give away 10% of his income.

First of all, there is nothing that prevents a store from....


For me as a customer, 5% or 10% doesn't get my attention. I look for sales of at least 20% ......

The basic underlying point is that when any 3rd agent intervenes between 2 parties doing a trade, it has to be genuinely adding something to the transaction, such as a recruitment agent or estate agent (much as I hate them, they are actually supplying information, and facilitating a trade)

FlexKom are pretending to do this, but actually they are parasitic upon economic activity that is already happening, like taxes.

The entire model is based upon the idea that FlexKom will help the small business reach more customers, and those customers will thereby bring more revenue. This is debatable.

What's also debatable is that more discounted customers is better, when your margins are already so tight.

If FlexKom was offering some kind of "mobile Craigs List", with the discount system as the "advanced membership", I'd be more inclined to find it believable.

freighttrain
03-11-2014, 03:43 PM
Another Flexkom myth busted:


http://www.youtube.com/watch?v=Q02myUvaVHU

ribshaw
03-11-2014, 04:05 PM
So weird, apparently Chattanooga was a massive success!! They are NOW PLACING POS 4 terminals at merchants in AL.

7198
7200

POS 4 does not bother me as much as having a FREE room in a restaurant and then a crew not willing or able to shell out a few bucks a head for a couple plates of flapjacks and a thermos of coffee. Exactly the type of people I don't want marketing for my business or my financial well being.


7199

https://www.facebook.com/CashBackAppsAlabamaGulfCoast

NikSam
03-11-2014, 09:18 PM
Another Flexkom myth busted:

[VIDEO]





extra devices (printer, RFID reader) for FlexKom Terminal meant to be added by bluetooth as I see here: Drucker on Vimeo (http://vimeo.com/87364715)

freighttrain
03-12-2014, 02:40 AM
extra devices (printer, RFID reader) for FlexKom Terminal meant to be added by bluetooth as I see here: Drucker on Vimeo (http://vimeo.com/87364715)

Or via the USB port on the tablet. But what good is a RFID reader when the FlexCards do not have a RFID tag in it?

And what is the use of printing a QR code?

NikSam
03-12-2014, 02:45 AM
...
And what is the use of printing a QR code?

I guess if someone has no smart-phone on him, can scan it later.

freighttrain
03-12-2014, 04:33 AM
Makes no sense. Why would someone who owns a smartphone, not carry it with him? Whats the point if he visits next time, has scanned the QR code at home and again forgot his smartphone?

Why not just enable to register via flexkom.com without an invitation of a rep or store? Much easier. Also, when Flexkom does make it to the newspaper or other media, people don't have to search for a rep or store first. They can sign up right away.

Yes, that way there isn't anyone who gets residual income from the customers who have spontaneous thought of getting the Flexkom app. This makes Flexkom suddenly much cheaper. The whole idea of residual income with a system like Flexkom is a stupid idea to begin with.

ribshaw
03-12-2014, 07:56 AM
Why not just enable to register via flexkom.com without an invitation of a rep or store?

Isn't this the very thing that lets the ruse continue from town to town? After all, if one could log in and view the merchants that participated in the FK network then game over for all the recruiters. At this point if one lived in Chatanoogy they have to take the word that terminals are being placed and this is going to be huge.

=====================================

From a pure business standpoint, if the real goal is to create a network of merchants and consumers, the residual income method makes no sense. Right now I am looking for a place to meet someone on Friday to grab some lunch. If I could download an app and see the local merchants in the network and spot a deal then why not? But to go to my gym, get a card, ask Biff where he likes to eat that also happens to be in the network, just seems unlikely.

littleroundman
03-12-2014, 08:35 AM
http://www.youtube.com/watch?v=LSj_Hr2zI84&feature=player_detailpage


Practical use of the Flexkom POS


https://yt3.ggpht.com/-lgcLUuKA8BM/AAAAAAAAAAI/AAAAAAAAAAA/CegnL_CKC8o/s48-c-k-no/photo.jpg (http://www.youtube.com/user/Hey10505)Wouter hol (http://www.youtube.com/user/Hey10505)·4 videos (http://www.youtube.com/user/Hey10505/videos)
0
55 views
http://s.ytimg.com/yts/img/pixel-vfl3z5WfW.gif 0 http://s.ytimg.com/yts/img/pixel-vfl3z5WfW.gif 0
Published on Mar 10, 2014
This video takes a closer look at the practical use of the Flexkom POS system.

Flexkom does not offer any API connection to intergrate the Flexkom system to any existing system of the store.
The manual work to enter a transaction in the Flexkom system is very prone to errors. One easily makes a typing error which could result in extra costs for the store.

It is not possible to secure the tablet to any desk. This makes it vulnerable to theft.

Flexkom certainly has put little thought in the practical use of this device. One would wonder how come. It looks like it is just another phase in de Flexkom pyramid scam.

littleroundman
03-12-2014, 08:38 AM
http://www.youtube.com/watch?v=AbuPItflNC0&feature=player_detailpage


Flexkom 2 Flexmoney for free myth debunked

https://yt3.ggpht.com/-lgcLUuKA8BM/AAAAAAAAAAI/AAAAAAAAAAA/CegnL_CKC8o/s48-c-k-no/photo.jpg (http://www.youtube.com/user/Hey10505)Wouter hol (http://www.youtube.com/user/Hey10505)·
Published on Mar 7, 2014
Flexkom sales people tell that the FlexCard and/or FlexApp comes with 2 FlexMoney. Unfortunally, according to their own Terms & Conditions, this is not true. Only after saving 200 FlexMoneys, you get your 2 Flexmoneys. Some nice math:
Let's say that the average discount on Flexkom shops is 2,5% That would mean that a customer has to spend 8000 euro's in Flexkom stores before he gets his 2 free Flexmoney. So much for a nice deal..

Also, the 1000 apps are generated from the backoffice from Flexkom, not from the hardware of the POS4S

This makes the Flexkom argument that the value of the POS 4s is really in the 1000 apps and 100 cards that come with it, invalid.

NikSam
03-12-2014, 09:32 AM
[video]

I already can see a some student girl who was recently hired by the store confuses 2 buttons "FlexApp Collect" and "FlexApp Pay" :)


How much do you think Google Wallet charges stores for these devises which directly integrate to any real POS system :) ?

http://rfid.thingmagic.com/Portals/42741/images/google-wallet-236x190.jpg

http://newsroom.intel.com/servlet/JiveServlet/showImage/38-5008-2368/7410715952_7146bff862_b.jpg


PS: Google Wallet is registered as MSB with FinCEN and with every US state.

littleroundman
03-12-2014, 09:56 AM
Know your FlexkoN faces:

FlexkoN USA CEO, Karl Roller.

http://imageshack.com/a/img89/3519/qvym.jpg

KARL ROLLER (https://www.google.com.au/search?q=karl+roller&client=firefox-a&hs=COR&rls=org.mozilla:en-US:official&channel=sb&tbm=isch&imgil=QP3OdvIDKHtV8M%253A%253Bhttps%253A%252F%252F encrypted-tbn2.gstatic.com%252Fimages%253Fq%253Dtbn%253AANd9 GcTgTv-rvcx8X0tRplpYTWIh8CN6gNkR-tdllwBC3MqfLmM9z1-IGw%253B640%253B360%253BcEkvEX03nG-_AM%253Bhttp%25253A%25252F%25252Fvimeo.com%25252F7 0633295&source=iu&usg=__oSkWXhtje1QsdCa9LRTmfuiLfgE%3D&sa=X&ei=mXIgU7SqDMLykQW994CgDg&ved=0CDMQ9QEwBA&biw=1280&bih=827&dpr=1#facrc=_&imgdii=_&imgrc=QP3OdvIDKHtV8M%253A%3BcEkvEX03nG-_AM%3Bhttp%253A%252F%252Fb.vimeocdn.com%252Fts%252 F443%252F953%252F443953726_640.jpg%3Bhttp%253A%252 F%252Fvimeo.com%252F70633295%3B640%3B360)

http://imageshack.com/a/img89/589/rcnq.jpg

Karl Roller ASEA Triple Diamond (http://asea10fx.blogspot.com.au/2011/06/episode-111-do-little-bit-more.html)

justlogicnohate
03-12-2014, 11:10 AM
Makes no sense. Why would someone who owns a smartphone, not carry it with him? Whats the point if he visits next time, has scanned the QR code at home and again forgot his smartphone?

Why not just enable to register via flexkom.com without an invitation of a rep or store? Much easier. Also, when Flexkom does make it to the newspaper or other media, people don't have to search for a rep or store first. They can sign up right away.

Yes, that way there isn't anyone who gets residual income from the customers who have spontaneous thought of getting the Flexkom app. This makes Flexkom suddenly much cheaper. The whole idea of residual income with a system like Flexkom is a stupid idea to begin with.

Technological predictions that didn’t come true (22 pictures) | memolition (http://memolition.com/2013/09/29/technological-predictions-that-didnt-come-true-22-pictures/)

justlogicnohate
03-12-2014, 11:18 AM
Makes no sense. Why would someone who owns a smartphone, not carry it with him? Whats the point if he visits next time, has scanned the QR code at home and again forgot his smartphone?



Why not just enable to register via flexkom.com without an invitation of a rep or store? Much easier. Also, when Flexkom does make it to the newspaper or other media, people don't have to search for a rep or store first. They can sign up right away.

Yes, that way there isn't anyone who gets residual income from the customers who have spontaneous thought of getting the Flexkom app. This makes Flexkom suddenly much cheaper. The whole idea of residual income with a system like Flexkom is a stupid idea to begin with.

Did you consider the app won't work until it is activated by a QR code ? Yeah maybe the expert here is not you lol

justlogicnohate
03-12-2014, 11:21 AM
http://www.youtube.com/watch?v=AbuPItflNC0&feature=player_detailpage

The 2 flex money can be used for international calls on the flex phone it can't be used for purchases.

justlogicnohate
03-12-2014, 11:26 AM
http://www.youtube.com/watch?v=LSj_Hr2zI84&feature=player_detailpage

Yes it would be very hard for a person employed to press buttons to press the right ones. Maybe if they have a monkey working for them it could be disastrous and if it's not secured tightly it may drink a redbull and fly away

Integro
03-12-2014, 11:53 AM
SCAM PARTY IN PARIS
https://www.youtube.com/watch?v=jjIHWmcsoH8

justlogicnohate
03-12-2014, 12:01 PM
So good to see how the blatant scam accusations are simmering down and now the topic has moved to how the system doesn't make sense. I would say that is some progress.... I have a request. All you guys agree to never take a Flexapp as a bet you make on how sure you are it will never work. So every time you are asked if you have the Flexapp it will remind you of these wonderful times

Integro
03-12-2014, 12:08 PM
All you guys agree to never take a Flexapp as a bet you make on how sure you are it will never work. So every time you are asked if you have the Flexapp it will remind you of these wonderful times

You mean this one?
Home (http://www.deflexapp.nl/)

ribshaw
03-12-2014, 12:12 PM
So good to see how the blatant scam accusations are simmering down and now the topic has moved to how the system doesn't make sense. I would say that is some progress....

Welcome back. Perhaps while you are here you could post the BM earnings statement so we could allow potential investors to properly evaluate the claims of this being a game changer.


I have a request. All you guys agree to never take a Flexapp as a bet you make on how sure you are it will never work. So every time you are asked if you have the Flexapp it will remind you of these wonderful times

Funny you should mention this, just yesterday I posted in another group on Facebook and NO ONE had heard of FlexKom. Seems outside of the "recruiting as a business community" not many have heard of Flexkom.

freighttrain
03-12-2014, 12:16 PM
The 2 flex money can be used for international calls on the flex phone it can't be used for purchases.

You mean that I can only use the FM that I save for phone calls?
Flexkom business model is getting worse by the minute.

freighttrain
03-12-2014, 12:17 PM
Technological predictions that didn’t come true (22 pictures) | memolition (http://memolition.com/2013/09/29/technological-predictions-that-didnt-come-true-22-pictures/)

I dont see how that relates to printing a QR code and my suggestion to simply let everyone registrer via a website in stead of the need to get invited by some sales rep.

freighttrain
03-12-2014, 12:54 PM
Did you consider the app won't work until it is activated by a QR code ? Yeah maybe the expert here is not you lol
As I already have said before, to be precise, in the exact quote you've done on me:
Why not just enable to register via flexkom.com without an invitation of a rep or store? Much easier. Also, when Flexkom does make it to the newspaper or other media, people don't have to search for a rep or store first. They can sign up right away.

But you wouln't understand that. Because if you did, you'd also understand you are a useless asset in the Flexkom system, to parasitize on the stores.

justlogicnohate
03-12-2014, 01:01 PM
I dont see how that relates to printing a QR code and my suggestion to simply let everyone registrer via a website in stead of the need to get invited by some sales rep.

It relates to you saying it is a stupid idea as many have said about ideas that where not so stupid

justlogicnohate
03-12-2014, 01:05 PM
As I already have said before, to be precise, in the exact quote you've done on me:
Why not just enable to register via flexkom.com without an invitation of a rep or store? Much easier. Also, when Flexkom does make it to the newspaper or other media, people don't have to search for a rep or store first. They can sign up right away.

But you wouln't understand that. Because if you did, you'd also understand you are a useless asset in the Flexkom system, to parasitize on the stores.

Yeah what company would need a sales division we are not doing anything the terminals sell themselves Joker

freighttrain
03-12-2014, 01:06 PM
It relates to you saying it is a stupid idea as many have said about ideas that where not so stupid

Unlike some examples in the link you've provided, Flexkom is a stupid idea. It is exactly the same idea as Lyoness. Now tell me about all the success that Lyoness has got. Oh wait, Lyoness has not got any success over the past 10 years that they exist.


So good to see how the blatant scam accusations are simmering down and now the topic has moved to how the system doesn't make sense. I would say that is some progress.... I have a request. All you guys agree to never take a Flexapp as a bet you make on how sure you are it will never work. So every time you are asked if you have the Flexapp it will remind you of these wonderful times
That's a deal if you keep on telling everybody about Flexkom, even when it has already turned out that Flexkom failed miserably. You'd be reminded for the rest of your live that you've fallen for an obvious scam.

freighttrain
03-12-2014, 01:10 PM
Yeah what company would need a sales division we are not doing anything the terminals sell themselves Joker

You don't see me having a sales division. Yet I've managed to get in touch with you, Micah, who lives all across the globe. How come?

Better yet; where are the sales divisions of whatsapp, facebook, twitter? Really, where are they?

justlogicnohate
03-12-2014, 01:11 PM
You mean that I can only use the FM that I save for phone calls?
Flexkom business model is getting worse by the minute.
Wow you guys are a piece of work The 2 flex money that are pre loaded can only be used for calls The money you get from merchant transaction you can buy me an apology Hallmark card with later.

freighttrain
03-12-2014, 01:17 PM
Wow you guys are a piece of work The 2 flex money that are pre loaded can only be used for calls The money you get from merchant transaction you can buy me an apology Hallmark card with later.

So there are diffrent kinds of FlexMoney? Those you can spend in stores and those that you can only use to pay for a paid Skype service?

Many of your sales team don't get it. This piece of work tells me that I can spend the 2 flexmoney locally in stores. You should tell him he's wrong.
https://www.facebook.com/permalink.php?story_fbid=10202711220998233&id=168611244290

And do you think that a sales division like yourself is doing a good job telling people who are discussing the company that this sales division is working for, that they are a piece of work? Do you think that is a professional way of working? Does Flexkom encourage his sales division to be rude and impolite?

justlogicnohate
03-12-2014, 01:38 PM
You don't see me having a sales division. Yet I've managed to get in touch with you, Micah, who lives all across the globe. How come?
What does Micha have to do w my post Joker? And what division would sell the terminal ? Customer service ? Maybe customer service can send emails and sign up all the stores Joker

freighttrain
03-12-2014, 01:47 PM
What does Micha have to do w my post Joker? And what division would sell the terminal ? Customer service ? Maybe customer service can send emails and sign up all the stores Joker

You are Micah Theard. No need to pretend that you're not.

Nevertheless, if I manage to get to you, mister John Doe (aka. Micah), wouldn't that mean that a company does not need a horde of sales reps?

As you can see in the videos on youtube, you do not need a special tablet. Flexkom could have just made an app (one that works, that is) and offer that to download by the merchants and the consumers. Way easier, way more viral. Now, there are all those zombies out there making all kinds of claims about Flexkom that are not true. For instance, the guy who thinks that the 2 flexmoney on the app are to be spend at stores. Lots of confusion amongst Flexkom sales reps.

justlogicnohate
03-12-2014, 01:54 PM
So there are diffrent kinds of FlexMoney? Those you can spend in stores and those that you can only use to pay for a paid Skype service?


Many of your sales team don't get it. This piece of work tells me that I can spend the 2 flexmoney locally in stores. You should tell him he's wrong.
https://www.facebook.com/permalink.php?story_fbid=10202711220998233&id=168611244290

And do you think that a sales division like yourself is doing a good job telling people who are discussing the company that this sales division is working for, that they are a piece of work? Do you think that is a professional way of working? Does Flexkom encourage his sales division to be rude and impolite?

Did you not know that Skype is also a paid service wow ignorance is rampant. Pardon me so much for being frank but you guys keep stroking each other on here and buy into each others bs. Who on here actually is a business owner? Anyone ? Do any of you own a store?

justlogicnohate
03-12-2014, 02:01 PM
You are Micah Theard. No need to pretend that you're not.

Nevertheless, if I manage to get to you, mister John Doe (aka. Micah), wouldn't that mean that a company does not need a horde of sales reps?

As you can see in the videos on youtube, you do not need a special tablet. Flexkom could have just made an app (one that works, that is) and offer that to download by the merchants and the consumers. Way easier, way more viral. Now, there are all those zombies out there making all kinds of claims about Flexkom that are not true. For instance, the guy who thinks that the 2 flexmoney on the app are to be spend at stores. Lots of confusion amongst Flexkom sales reps.

So people are misinformed (as with who I am obviously) sometimes that happens in this model that is what contracts and policy pages are for. Do you think every person who signs up for Flexkom knows all the info by default?

Do you always talk out if your own butt? Are you really comparing this to selling a $500 service to a store Honestly I hear circus music when reading your post mr.

justlogicnohate
03-12-2014, 02:04 PM
Makes no sense. Why would someone who owns a smartphone, not carry it with him? Whats the point if he visits next time, has scanned the QR code at home and again forgot his smartphone?

Why not just enable to register via flexkom.com without an invitation of a rep or store? Much easier. Also, when Flexkom does make it to the newspaper or other media, people don't have to search for a rep or store first. They can sign up right away.

Yes, that way there isn't anyone who gets residual income from the customers who have spontaneous thought of getting the Flexkom app. This makes Flexkom suddenly much cheaper. The whole idea of residual income with a system like Flexkom is a stupid idea to begin with.

If they want to bring the discount with them like delivery of a pizza they may want to leave the terminal at the pizza shop? Not sure if that is a good idea lol

freighttrain
03-12-2014, 02:04 PM
Do you always talk out if your own butt? Are you really comparing this to selling a $500 service to a store Honestly I hear circus music when reading your post mr.

Did you not know that Skype is also a paid service wow ignorance is rampant. Pardon me so much for being frank but you guys keep stroking each other on here and buy into each others bs. Who on here actually is a business owner? Anyone ? Do any of you own a store?
I think Flexkom is proud, having well mannered sales people like you on board.

If you weren't trying so hard I'd almost think that you're a troll, wanting to destruct Flexkom by pretending to be one of Flexkom and then go on a rampage on forums, blogs and youtube. Unfortunally, you actually are one of Flexkoms reps. Poor Flexkom.

justlogicnohate
03-12-2014, 02:10 PM
I think Flexkom is proud, having well mannered sales people like you on board.


If you weren't trying so hard I'd almost think that you're a troll, wanting to destruct Flexkom by pretending to be one of Flexkom and then go on a rampage on forums, blogs and youtube. Unfortunally, you actually are one of Flexkoms reps. Poor Flexkom.

I'm hurt really

justlogicnohate
03-12-2014, 02:13 PM
Minute 50 they do several transactions including paying with Flexmoney. The owner who actually have a business unlike the guys on here he should know what he needs and what Flexkom is for him. FlexKom Mobile Commerce Presentation - YouTube (http://www.youtube.com/watch?v=8TXb8KN71N4&feature=share)

freighttrain
03-12-2014, 02:22 PM
Minute 50 they do several transactions including paying with Flexmoney. The owner who actually have a business unlike the guys on here he should know what he needs and what Flexkom is for him. FlexKom Mobile Commerce Presentation - YouTube (http://www.youtube.com/watch?v=8TXb8KN71N4&feature=share)
It is a demo transaction. The guys have a POS of their own. Cute.

You should know that payment with FlexMoney is not yet possible at a real store. Flexkom is somewhat vague about to why that is, but fact is, that it is not possible yet. Did you know that?

freighttrain
03-12-2014, 02:40 PM
I'm hurt really

You should be. You represent a company and your behaviour makes the company look bad. Can't you see that?

If you really would be a good sales man, then you'd see what a great opportunity you have on a forum like this one. You've already got tens, maybe even a hundred people talking about your company. All you need to do is show what a great company you are and you've just turned a hundred people into your personal ambassadors.

But you can't see that opportunity. You are not someone capable of noticing such things. You're just a schmuck coming here all frustrated on how your Flexkom adventure is slowly but surely turning into one big disappointment.

NikSam
03-12-2014, 03:32 PM
So good to see how the blatant scam accusations are simmering down and now the topic has moved to how the system doesn't make sense. I would say that is some progress.... I have a request. All you guys agree to never take a Flexapp as a bet you make on how sure you are it will never work. So every time you are asked if you have the Flexapp it will remind you of these wonderful times

Oh, there is no doubt it is a blatant scam, we just looking into idea hypothetically if the idea has any possible real-life scenario.

Just a fact that you have zero activity and your never stopping to switch directors running away with 6 digits checks is 100% proof of a scam.

Joe_Shmoe
03-12-2014, 03:35 PM
Who pays to replace the terminal/Android tablet if & when it is stolen? How much will they need to pay?

ribshaw
03-12-2014, 03:57 PM
Who on here actually is a business owner? Anyone ?

Do you not read the thread, there is more than one business owner/self employed person who posts here. And a good handful of people who have added some very useful content, no matter what they do. Almost everything posted here has been a direct challenge to the purported business of Flexkom. Four FK reps have showed up and been given a more than ample chance to answer questions that real business people should care about, either as a merchant, or a BM. All we have gotten is some puffery and the occasional MLM meltdown, which is always a crowd pleazer.

Let me guess, you are one of the folks who still believes Robert Kiysoaki really had a "rich dad" who imparted worldly advice on him when he was 11?

This is a recruiting scam, plain and simple. No earnings statements posted, what's to hide? Worldwide merchant network can be found where? Revenue per terminal? Where where where?

How about Google, have they heard of them, OH YEAH you can get a whole list what a great opportunity this is. 4 1/2 years in this is a JOKE.

7205

7206

7207

ribshaw
03-12-2014, 04:21 PM
Who pays to replace the terminal/Android tablet if & when it is stolen? How much will they need to pay?


Its funny you mention that Joe, I got to wondering about collecting the terminal when a merchant bails. BUT what then of the terminal that has been in a restaurant or garage for a few months getting beat to hell and greasy? Nothing says we are a professional organization like "here is your beaten up, scratched, chicken grease filled terminal from the last shop."

Unless the merchants catch on what a poor deal this is, one has to conclude that in some situations it will not be a one time $500 per merchant cost.

Stewart
03-12-2014, 04:36 PM
Do you always talk out if your own butt?

As has been noted earlier in this thread, rudeness on anybody's part does not help the discussion. And it makes you look especially silly when you've put the words "no hate" in your name.

Stewart
03-12-2014, 04:40 PM
... I got to wondering about collecting the terminal when a merchant bails.

If you sign up as a merchant, get the free POS device, and then jail-break it, is that an easy way to get a free tablet?

You don't have to tell FlexKom that you quit ... it's just been a "quiet month", that's all!

(Because all your true discounts are given off the record ... )

freighttrain
03-12-2014, 06:06 PM
If they want to bring the discount with them like delivery of a pizza they may want to leave the terminal at the pizza shop? Not sure if that is a good idea lol

I seem to have missed this one.

Why don't you let go of the idea that there has to be a QR code for a second. If I order a pizza, they most likely know a few things about me. Like;
My phone number
My email address
My address

Wouldn't be one of these things be enough for them to know who I am and give me my discount? Flexkom could simply connect a phone number or email address to a Flexkom customer account. Way more easy than scanning a QR code when delivering pizza's. Hell, even easier at a store. I wouldn't have to reach out for my phone and even when I forget my phone or when the battery is dead, they'd still be able to give me my discount. I'd just tell them my phone number and it's done.

Doesn't it bother you that Flexkom has never thought of this?

But this all does not make any sense as they could just as wel lower the price a bit and skip all the Flexkom work.

Char
03-14-2014, 03:58 PM
So good to see how the blatant scam accusations are simmering down and now the topic has moved to how the system doesn't make sense. I would say that is some progress.... I have a request. All you guys agree to never take a Flexapp as a bet you make on how sure you are it will never work. So every time you are asked if you have the Flexapp it will remind you of these wonderful times

Personally I prefer to focus on, who the people are, and the past history of who is asking me to give them money. Flexkom has a long list of previous offenders as well as an entire European continent complaining about this scam and the people behind it. However, discussion about the product is substantive so I thought this was interesting:


Paul c says:
March 13, 2014 at 4:58 pm
A business associate pitched FlexKom to me in the UK quite a while back (2012 from memory) and I was immediately cautious.

I am a technology professional as well as a business owner so was immediately cautious due to the ‘too good to be true’ nature of the pitch. I have no doubt my associate was well intentioned but it was clear they had been sucked in.

A few points which stopped me putting my money in -

Having developed financial systems for insurers with actuaries I followed the cashflow through for a number if cases and scenarios – it doesn’t stack up.

The rep was unable to specify any protection for retailers operating on tight margins from consistently loosing out by having to release products for credit (which we know isn’t real money)

The flexkom national manager made some sensational claims about how advanced their tech stack was – such as instant delivery of retailers marketing videos to mobile apps with NO buffering. This is technically an impossibility, it either needs to buffer whilst being delivered instantly and be subject to GSM carrier restrictions in bandwidth and speed or; not delivered instantly but downloaded in the background for uniterupted playback.

Not wanting to entirely doubt my friend I followed up with some very detailed technical queries as this would be easiest for me to validate based on my skills.

Where are the servers hosted and by who? We have our own in Germany.

Which operating system do the devices use and which version: we have developed our own propriety OS for performance reasons (maybe they are huge as it would seem the android platform was built specifically for their app! :-/ )

There were more sensationally obscure, technically impossible or blatantly vague answers to the 30 or so questions I posed but I don’t wish to waste time reflecting them here. Folk can of course make up their own mind on this one, but for me it’s not even MLM (which can be productive) as this proposition seems to rely entirely on blinding people with marketing BS and degenerative maths.

- See more at: Is FlexKom a Scam? » Lazy Man and Money (http://www.lazymanandmoney.com/flexkom-scam/#sthash.0S6Uxcia.dpuf)

MLM Broken Model
03-14-2014, 09:16 PM
The link ( https://www.facebook.com/cashbackapp...?stream_ref=10 )went to Russell Longcore's Facebook Page. Special guests were Bill Resides, Tennessee State Manager, and Eric Stinnett, Georgia State Manager. Tom McMurrain did an outstanding presentation of the FlexKom Mobile Commerce Rewards program

I recognize Bill Resides, Tennessee State Manager and Eric Stinnett, Georgia State Manager (who I believe posts here as FlexkomGAUSA).

Who is Tom McMurrain?

Is he also a State Manager somewhere?

littleroundman
03-14-2014, 09:42 PM
Who is Tom McMurrain?


http://www.youtube.com/watch?v=hAR9yaSck8w&feature=player_detailpage

littleroundman
03-14-2014, 09:53 PM
Tom McMurrain is back with the most bizarre scam ever



By Okke Ornstein (http://www.bananamarepublic.com/author/oornstein/) - September, 17th 2010

http://www.bananamarepublic.com/wp-content/uploads/2010/09/mcnoni-300x168.jpg (http://www.bananamarepublic.com/wp-content/uploads/2010/09/mcnoni.jpg)
Hey, McMurrain! You wanna sue us again?

Friesner’s pimp has a free lawyer for you on offer who has been in jail too!

Remember Tom McMurrain? No? Oh, man, we wouldn’t know where to start. Noni and teak scams. Imaginary tree houses with elevators for the disabled. An independent country that was to be “a physical and virtual community on the natural resources of ones and zeros”. Yours truly discovered two arrest warrants against him for fraud in Atlanta, Georgia, which he vehemently denied. He even sued, lost, appealed – and before he could do any more damage he was indeed arrested and thrown in the slammer. So were several of his employees, by the way. His marketing director was wanted in Costa Rica for fraud and child sex abuse, for example. Other cases included boating under the influence, assault, more fraud – McMurrain ran a high profile robbers den in Panama under the name “San Cristobal Land Development”.

Well, he’s out of jail. And he’s back! Up to no good, of course. We had a great time reading his blog, where he writes under the name of The Dalitomma (whatever that is):

In the hustle and bustle of Success and its many distractions, it is easy to forget our original state. It seems that the full time job of the IM is to be distracting us from realizing what we want most. The IM’s thoughts swing wildly from tree to tree like a monkey, drunk with emotions and opinions, the Entrepreneur becomes deluded by his/her shadow and forgets his/her true nature of flow; this is what I call the “Supreme-Entrepreneur-Syndrome”. When the soul of the Entrepreneur separates him/herself (seemingly so) from the flow of Success and tries to become an island to him/herself.

Is it Narcissism to think we are separate of Success…to think we can “beat” what our essence really is. The Entrepreneur falls in love with his/her IM and all its cunning ways. The IM creates theme parks with un-ending playgrounds that serve as a lifelong distraction to the Entrepreneur. Playing on the playground of our own mind, we become deceived, yes?

Ummm, well, we wouldn’t know, really. Reading the info tab on McMurrain’s Facebook page (http://www.facebook.com/tommcmurrain), it appears that McMurrain has become a sort of an indigenous Buddhist:

I have had cancer and I have been to prison…survived both…I have seen the desert that Jesus, Krishna, Mohammad and Buddha speaks of. It is a very lonely place, a place that you get to know your Self very well. The Bhagavad Gita (The Song of Love) describes a beautiful story of battle that all people face before they cross the proverbial bridge. If you are not aware of the battle that I speak of, you don’t really know. I am fortunate in that I was able to see the depths of hell at such a young age. (…)

During my sixty three month journey through the desert I was befriended by a Lakota Chief who made me a medicine man and honored me with a Lakota name; ‘Man Without Shadow’. There is a special place in my heart reserved for Yellow Knife, The White Buffalo Woman, Black Elk, the Lakota Sweat Lodge, the four directions, Father Sky, Mother Earth and the Story of the Sacred Pipe (Chanupa Wakan). Aho Mitakue Oyasin
With that said, allow me to summarize my life; I have been way down, then way, way up, then way, way, way down and now I AM.

It goes on like this for several paragraphs. But click the “wall” tab and the old McMurrain is back:

Do you want to earn $80,000 a month? Check out this video and Enroll in the hottest social netowrking community in the world – Video explains how: www.joinaachoo.com

So all these hellish experiences of going through the desert and having to deal with Yellow Knife and the White Buffalo Woman and Buddha only served to make him a better promoter of cheesy MLM schemes? We were, frankly, disappointed. It’s not like McMurrain to piggyback on someone else’s ploys. What happened to him in jail, we wondered? Did he lose his touch? Where was the self-proclaimed guru who once told his victims that “God had put it upon him to walk a straighter line” – a line directly from their wallets to his bank account?

Ah, but then Eric Jackson proved how wrong we were, and reported that Tom McMurrain has now acquired the infamous EscapeArtist website from that wackjob Roger Gallo (with what money?) and is offering to sell you a country of your own! We steered our browser towards McMurrain’s latest purchase and, indeed, there it was, authored under his latest pen name “Tom Ocean”:

Buy Your Own Country for only US$150,000. Escapeartist Can Sell It to You

Now you can be a Power Broker and influence people around the world by becoming the Managing Director of your own media empire!
Become your country’s “GO TO” person and enjoy life as a Media Bureau Chief. Wine and dine with those in the power structure of your country to attract foreign direct investment to shape the image and future of your country.
In 2010, you can own your own country and become a Media Bureau Partner with the most recognized name in International living: Escapeartist.

http://www.bananamarepublic.com/wp-content/uploads/2010/09/Drinking_Gallo-150x150.jpg (http://www.bananamarepublic.com/wp-content/uploads/2010/09/Drinking_Gallo.jpg)

Roger Gallo

Now that’s more like it! When we were finally able to stop laughing, we continued reading to find out what this offer was really all about.

As it turns out, for a small fee of just $150,000, you will be allowed to run your own version of the EscapeArtist website in another country. On top of that, you only have to give 50% of the income such a website generates to McMurrain.

It is basically a franchise offer, with the special feature being that there is nothing to franchise.

Maybe McMurrain doesn’t know this since he was in the desert with his new Indian friends, but websites can be visited from anywhere in the world. So people looking for EscapeArtist will just go to the original and typically not some clone that will inevitably rank lower in the search engines. But that is of course not what McMurrain is trying to have his future victims believe:

With Escapeartist as your partner, you can live a life without boundaries.

Are you ready to own a country and be the voice of your country, on the global stage? If so, Escapeartist has a clearly defined formula for success though our exciting new Escapeartist Media Bureau Partnerships.
For over 14 years, Escapeartist has been the undisputed leader and authority for individuals interested in relocating, traveling, investing, working and retiring overseas. Without question, we put the word International in International Living.
The forward thinking commentaries of Senior Editor and Founder, Roger Gallo have inspired the “Escapeartist Dreams™” of tens of millions of people around the world to ‘jump over many ponds™.’ Now you can become the ‘Roger Gallo™’ of your own country.

We have to admit: We missed this classic bullshit McMurrain prose. Roger Gallo – just so you know – was such a forward thinker that he called McMurrain’s noni and teak scam “the best retirement investment I’ve seen in twenty years!” That was of course before the whole thing spectacularly collapsed, McMurrain went to jail and everybody lost his money – except for Roger Gallo who had at least been forward thinking enough to cash in his massive sales commissions just in time.

Are franchises really that expensive, we wondered? We did a quick search, and guess what? If you’re looking for a real McFranchise instead of the McNoni version: A McDonalds franchise – a real business instead of some wacky McMurrain scheme – costs only $45,000. And if you’re attracted by the “underground” vibe of scam sites like EscapeArtist; why not consider a Subway franchise for just $15,000?

Of course those are much better deals than Tom McMurrain’s scam – they are real, for starters – but even so we can’t wait to see how our favorite noni hustler runs this one into the ground (he always does). Meanwhile, anyone interested in becoming an international media bureau partner for Bananama Republic and living the high life with movers and shakers and influence peddlers all over the world? Now you can! (http://www.bananamarepublic.com/defend-bananama-republic/)

We love going viral.



Bananama Republic (http://www.bananamarepublic.com/2010/09/17/tom-mcmurrain-is-back-with-the-most-bizarre-scam-ever/)

Whip
03-15-2014, 09:36 AM
makes ya wonder how he missed the banners broker boat.

Char
03-15-2014, 02:55 PM
Tell me exactly what past? Who and what did he do? What is your source to confirm the story about it? Are there any convictions?Or is this just more internet rumor based stuff?

Tom McMurrain criminal indictment link
http://http://www.jerryhallforcongress.org/images/McMurrainindict.pdf


THOMAS E. MCMURRAIN, 37, formerly of Atlanta, Georgia, pleaded guilty today to four counts of a federal indictment on charges of mail fraud and wire fraud. ...
Between 1997 and the end of October 2000, MCMURRAIN obtained over $9,000,000 from 80 investors. In the end, the vast majority of the investors received only monthly interest payments which totaled $1,600,000 over 1997-2000. MCMURRAIN only paid back about $200,000 in principal. The remaining investors never received their principal back.
MCMURRAIN never disclosed to investors that his pay day loan operations were running at a loss. Nor did he disclose that he was using their monies to invest in any other non-pay day loan operations, including loans totaling $700,000 to other MCMURRAIN's companies, as well as uncollateralized loans to friends and acquaintances without collateral. Additionally, MCMURRAIN did not disclose to lenders that he spent and lost $600,000 of their monies on personal day trading and expended another $700,000 on personal life style purchases.




Furthermore, when the scheme unraveled, he ran off the Panama, and had to be extradited. Here's his entry on FraudDigest
On October 12, 2005, Thomas E. McMurrain was sentenced in federal district court in Atlanta, Georgia, to 87 months in prison and ordered to pay restitution of $7,500,000. McMurrain was convicted of mail fraud and wire fraud related to a loan fraud scheme.*McMURRAIN pleaded guilty to the charges on May 12, 2005.*
Assuming he started serving the sentence in 2005, and serve half of 87 months for good behavior and early release, half of 87 is still 43 months, or over 3 and a half years... That would make his release in... 2009 or so.

So he immediately joined TVI Express, a very obvious pyramid scheme 8-ball scam...

Guess a leopard really can't change its spots.
http://http://kschang.blogspot.com/2011/06/who-heck-is-tom-mcmurrain-and-why-was.html (http://.blogspot.com/2011/06/who-heck-is-tom-mcmurrain-and-why-was.html)

Char
03-15-2014, 06:20 PM
During the pitch, you will be told that Flexkom has won the award for "Most Innovative Product for 2013" in Europe.

You're probably thinking wow, that's an impressive award.

In case you didn't know, this was awarded by an MLM magazine, The Obtainer.
They gave another award for top networker to a Mona vie fellow.

Just sayin.....

Char
03-16-2014, 08:04 AM
Check this headline out: http://New app earns innovative product of the year award Feb. 21, 2014 | 0 Comments 1 A A Debbie Brolley demonstrates how the FlexKom terminal works to Jenna Markham and Don Jasurda during a business luncheon at Peabody's. Written by Geri Peasley Correspondent FILED UNDER News Birmingham FlexKom America hosted a “Lunch ‘N Learn” at Peabody’s Restaurant on Feb. 14 to introduce their unique product to merchants and business people. Their product is so unique, they were recently awarded the “Most Innovative Product of 2013” by the prestigious European magazine, Obtainer.


"New app earns innovative product of the year award" reported in this Michigan local newspaper.


Prestigous European magazine???? How about MLM magazine?


:RpS_huh:Inmate Magazine awards cell block D for best license plate design. Congratulations on this phenomenal achievement.

littleroundman
03-16-2014, 09:34 AM
Prestigous European magazine???? How about MLM magazine?

How about "MLM magazine that features an advert from FlexKom on the front page of its' website"

Not really what you could call "impartial" are they ??

http://i270.photobucket.com/albums/jj119/LITTLE_ROUND_MAN/ob_zps4be65640.jpg

Obtainer-online.com (http://www.obtainer-online.com/)

What a dirty, grubby little industry.

ribshaw
03-16-2014, 10:11 AM
What is with Flexkom leaders? It appears that they would not even pass a background check to work the cash register at the merchants they are purporting to be helping? Could this have been done with any less thought in mind, perhaps Bernie Madoff and Scott Rothstein could head up corporate compliance.

Char
03-16-2014, 12:20 PM
No Checks

We have a Visa card we transfer the money on there or direct to our Bank account. Yes we get paid every week without fail.

How to make money in Flexkom by recruiting. No shops, no customers, no problem. The Global Team Performance bonus explained by Karl Roller. Start at about 4:00.



http://www.youtube.com/watch?v=UQQVGsjrrMc

MLM Broken Model
03-16-2014, 02:34 PM
At minute 2:53, Karl mentioned "they opened up Phase 3 in Austria." This recording was made sometime in September 2013. Let's talk about the RESULTS of the Flexkom business in Austria since then.
A few questions:
1. How many Local Merchants signed up for the service?
2. How many Local Customers signed up for the loyalty program?
3. What are the sales to date from actual "customer" shopping?

How much does anyone want to bet our "Flexkom USA Promoters" don't have the answers?

Watsco - it might be smart to see how this Roll Out was handled. The Flexkom Management Team says Turkey was a learning experience (at a reported cost of millions of dollars by investors/brand partners). So, how did the launch of Phase 3 in Austria turn out?

Is the company still offering A MILLION DOLLAR BONUS for the person who can sell the most $2,200 DEALS in the USA and reach a certain rank? Is this rank based on any Customer Sales or is it ONLY based on SELLING THE DEAL, the $2,200 up front Investment?

Karl says at minute 4:28, "When you SPONSOR your first person, you normally make 5%, which is $100. (time) The company is going to give you a $200
bonus when you bring in your second person." When you bring in your third person, you are going to make another $100 and the company is going to
give you an additional $600 BONUS"

THIS IS A BASIC PYRAMID STRUCTURE!!!

Notice Karl does not talk about SALES. He is ONLY talking about RECRUITING - he uses the words "when you get" At minute 9:40 he says, "sponsor 3, who get 3 each, who get 3 each (3 by 3 matrix) and if you do in your 2nd 30 day period, we will pay you a $2000 bonus."

Again, no mention of SALES - he ONLY talks SPONSORING, or just GET (more $2,200 investors)

I hear stories about Flexkom Promoters (net winners) who have already been PAID $100,000 Plus from JUST SPONSORING OTHERS!

This information needs to be reported to the authorities NOW as it appears Top Scammers are now flocking to Flexkom to get their SHARE
of the EASY MONEY.

Karl says at 12:09 - "Million Dollar Cash Bonus if you get to Presidential Team by end of December"
Karl says at 13:00 - "This is not a start up company. We're already proven that the model works" Really? Is it now March 16 and Flexkom
has YET to prove their MODEL anywhere in the world. All they have PROVEN is their ability to reward MLMers who pay upfront fees ($2,200 in USA) for the RIGHT
to get PAID for SPONSORING others who pay upfront fees.

Case Law

Koscot works as follows: To join Koscot, you pay $2000 to become a supervisor (or higher levels), and you buy $5400 worth of cosmetics. And you make money ($700) by encouraging others to buy in (at Supervisor, for $2000) just like they did. Essentially, Ksocot "supervisor" bought two things: 1) "the right to sell a product", 2) "the right to receive, in return for recruiting other participants into the program, rewards which are unrelated to sale of the product to ultimate users. (emphasis added)"

Koscot lost the lawsuit, and the definition FTC created for pyramid scheme became known as the "Koscot Test" (for pyramid schemes). It can be roughly summarized as follows:

The participant makes a payment of money to the company; (Edit: $2,200 in the case of Flexkom)
In exchange, the participant receives the right to sell a product (or service); (Edit: As Karl explains in the video)
In exchange, the participant receives compensation for recruiting others into the program; (Edit: Recruiting/Sponsoring commissions & bonuses - $100 to $1,000,000
The compensation is unrelated to the sale of products (or services) to the ultimate user. (Edit: Karl is clear about this in the video)
To be judged a pyramid scheme, the scheme must have all four elements.

Source: How Pyramid Schemes and Ponzi Schemes are Prosecuted in the US: Do You Know Koscot Test and Howey Test? (http://kschang.hubpages.com/hub/How-Pyramid-Schemes-and-Ponzi-Schemes-are-Prosecuted-in-the-US)

So, Watsco.......Any Questions?

Char
03-16-2014, 02:43 PM
Explained in text from a website pimping this:

Compensation & Founding Team Bonus Structure

Yes, you can make back your Money in the first 30 days or sooner. There are five distinct ways that FlexReps are compensated for their time, talents and dedication. Team Building Bonus Document - Click Here

7220


Global Team Member (GTM)
$200 Sign membership fee (Plus tax)
$2,000 Global Team Member Pack

5% of $2000 = $100 (gives you the commission referenced)

MLM Broken Model
03-16-2014, 03:07 PM
Nice find Char. "I especially like the last line: Plus you go into a pool of folks that split 10% of the company stock!"

So, the Promoters can EARN STOCK in the company for simply RECRUITING others. I wonder if the SEC is aware of this aspect
of the Flexkom compensation plan?

Bring Flexkom enough Investors and get paid in Company Stock.

So telling that there is no mention of Customers or Sales on this page whatsoever.

Avoid any program that focuses more on recruitment of new people rather than the sale of a product or service to an end-user consumer. If the opportunity for income is primarily derived by recruiting more participants or salespersons rather than by selling a product, the plan probably is illegal. Several courts interpret greater pressure on members to sponsor new recruits than to market company merchandise as evidence of an illegal pyramid.

Source: https://www.michigan.gov/ag/0,4534,7-164-17337_20942-208400--,00.html

What am I missing here?

Char
03-16-2014, 04:38 PM
I suspect they are trying to cover themselves by pre-loading $2 on 1000 apps giving the illusion of $2000 worth of product. Of course this is in virtual flexmoney which is useless without a place to spend it.

MLM Broken Model
03-16-2014, 05:16 PM
Char - maybe so. But, Koscot had cosmetics and we now know that was ruled to be an illegal program. Plus, the $2 on 1000 apps is a bit misleading as the end user must purchase $100 through the Flexkom System before they can actually get access to the $2. I believe this point has been made previously on this board.

I suspect they are trying to cover themselves by pre-loading $2 on 1000 apps giving the illusion of $2000 worth of product. Of course this is in virtual flexmoney which is useless without a place to spend it.

At least the promoters are making it easy for the regulators by putting ALL OF THE PYRAMID EVIDENCE online for ALL TO SEE with webinars, google handouts and youtube videos. In their own words, Flexkom Promoters are getting paid to sponsor others, which is illegal in most states.

It will be easy for the regulators to find out who is responsible if they decide the pursue regulatory action. If not, there will just be a lot of reputations ruined and money lost by the participants.

freighttrain
03-17-2014, 04:21 AM
I suspect they are trying to cover themselves by pre-loading $2 on 1000 apps giving the illusion of $2000 worth of product. Of course this is in virtual flexmoney which is useless without a place to spend it.

These 2 bucks only get activated when someone has saved 200 flexmoneys. So it is not worth anything really.

https://www.youtube.com/watch?v=AbuPItflNC0

In other news;

The Country Manager of the Netherlands announced last week that as of now, the Netherlands is the first country worldwide to have the cash loop with the POS4S working. The Netherlands now has 1 store that has a fully operational Flexkom system in it. Allthough any evidence of this one store is missing, that would mean that all the youtube video's on the stores in Leipzig, Turkey, USA, Austria are fake. The systems showed in these video's are not really working. They are just demos, not an operational system. Most of us already knew this, but now it's confirmed by the Country Manager of Flexkom in the Netherlands.

You can read his letter here. It is in Dutch so you'd need to use Google Translate:
http://wouterhol.nl/het-piramidespel-van-flexkom/comment-page-17/#comment-5791

Stewart
03-17-2014, 11:24 AM
The Country Manager of the Netherlands announced last week that as of now, the Netherlands is the first country worldwide to have the cash loop with the POS4S working.


What is "the cash loop" ?

Stewart
03-17-2014, 11:26 AM
In other news;

The Country Manager of the Netherlands ....

You can read his letter here. It is in Dutch so you'd need to use Google Translate:
Wouter Hol – Het piramidespel van Flexkom? (http://wouterhol.nl/het-piramidespel-van-flexkom/comment-page-17/#comment-5791)

er, when I went to that link, and let Google Translate do its work, this is what it said:


Update: Flexkom actually proved to be a pyramid scheme. Promises does Flexkom still not true, and they are a bit all over excuses. Hundreds of people have paid money to be angry Flexkom resigned and many of them have their apologized to me because they had not responded all very neatly on my blog. Read the bottom of this blog more updates.

freighttrain
03-17-2014, 12:44 PM
What is "the cash loop" ?

The the ability to pay in FlexMoneys is what Flexkom calls "the cash loop". On previous setups, this was not possible. The setup only allowed to pay in dollars/euro's to the merchant and then separately save Flexmoneys via the POS4S. Flexkom explained this as that there was a problem with said "cash loop".

I am still not sure if this cash loop is working, as it has just turned out that the one store in the Netherlands is actually a webshop, located in a residential area with no physical store. Also, this webshop appears to be in violation of Dutch law, as the shop does not provide a secure checkout and has not got its terms and conditions (easily) accessible on the website. In fact, I couldn't even find this document. Dutch law requires a webshop to have its terms and conditions readily available on the website. And ofcourse the owner of the webshop turned out to be a Flexkom sales rep. So we might just have been fooled by the country manager of the Netherlands.


er, when I went to that link, and let Google Translate do its work, this is what it said:

That's what the actual blog says. The author of the blog concluded this after several hundreds of Dutch sales reps quit Flexkom. Up to a hundred of these sales reps are now preparing a lawsuit against Flexkom, according to that blog.

But I was referring to one of the comments. If you click the link, it should jump to the comment including the letter of the Dutch country manager.

Char
03-17-2014, 03:27 PM
Char - maybe so. But, Koscot had cosmetics and we now know that was ruled to be an illegal program. Plus, the $2 on 1000 apps is a bit misleading as the end user must purchase $100 through the Flexkom System before they can actually get access to the $2. I believe this point has been made previously on this board.


At least the promoters are making it easy for the regulators by putting ALL OF THE PYRAMID EVIDENCE online for ALL TO SEE with webinars, google handouts and youtube videos. In their own words, Flexkom Promoters are getting paid to sponsor others, which is illegal in most states.

It will be easy for the regulators to find out who is responsible if they decide the pursue regulatory action. If not, there will just be a lot of reputations ruined and money lost by the participants.

My fault for not elaborating on my thought process enough. Let me throw this out there and see what you guys think. This is a collective effort by us all:)

Flexkom is, and always was a scam - It was born that way and one must get into that thought process.

The $2 Flexmoney will never be real. The earning of the extra flexmoney to access it is there only to look more legit - They will never get that far!!! Flexkom will try to justify paying commissions to the SEC by putting a value of $2000 on cards AND CALLING THEM CUSTOMERS. A CARD OR AN APP IS CONSIDERED A QUALIFYING CUSTOMER BY Flexkom VALUED AT $2. This is key to the whole scam and shuffling of money.

In some ways, those of you familiar with Banners Broker will see a similarity between "traffic" and "customers" here. You could buy traffic that never existed to qualify banners, and here you can buy customers that don't exist. In fact, as stated in their comp plan, you can EITHER sign up three GTMs OR have 10,000 customers to get to the next level. You will also note this language, "TM receives 5% commission on the turnover of a directly connected TM and FlexKobi/Card turnover". This directly from Flexkom.

IMHO, Discussion of machines, shops, etc. should only be viewed as SECONDARY. In fact, I believe scammers want debate of the product as a diversion. They do need some sort of product to pull of the ruse to convince people but it stops there as they can only go so far with inferior technology/web surfing/vitamins/juices. That's where the debunking of the mechanisms come into play, but it's a minor roll if you remember this started as a scam.

Do the leaders have a history?!! Promises of wealth? You pay them? And recruit? ALL YES, so what more do people need to know!!!!!!

I must say I give them an "A" for effort in showmanship.

ribshaw
03-17-2014, 04:10 PM
Let me throw this out there and see what you guys think. This is a collective effort by us all:)

Flexkom is, and always was a scam - It was born that way and one must get into that thought process.

It never ceases to amaze me the things that people here are able to dig up. From a tracking scams point it makes it a fun read.

So many of these things that are recruiting based blow themselves out via saturation. 7-11 or TacoBell might be great businesses, but not if there is one on every corner. The other thing is most credible franchises screen their owner/operators for things like prior felonies and a good fit, not just a checkbook and a dream.

With FK, not only do they massively over recruit, use leadership with a very dubious backgrounds, the cherry on top is a product so far is smoke and mirrors.

7234

Char
03-17-2014, 09:25 PM
This is just too funny but at the same time does support my theory suggested above in post #837. The only thing the attorneys don't address is, what if there never turns out to be any merchants with a full working system? Then what does it make it?

http://thefutureofbusinessintheuk.com/wp-content/uploads/2013/04/35_Begutachtung_FlexKom_EN.pdf

Snippets:

A significant characteristic for the system to be legitimate is first that the sales partner receives
a value in exchange for his or her initial investment. The FlexKom system provides the sales
partner a real value in form of personalized QR code apps. Each of these apps contains 2
FlexMoneys, which have a real value of € 2.00 and can be used for purchases at respective
stores and in addition, they can be used to make free phone calls.

If starting with the E-BIZ kit for €199.00, the sales partner receives 100 QR code apps worth €
200.00. If starting as Junior Team Member for € 399.00, the sales partner receives apps worth
€ 600.00 and as Business Team Member for € 799.00; the sales partner receives apps worth
€ 1,000.00. Finally, if the sales partner starts as Global Team Member and pays € 1,490.00,
he or she receives apps worth € 2,000.00.

Therefore, the sales partner receives real value in exchange for his or her initial investment.

Experience from Turkey proves that the sales partner receives a monthly commission of approx. € 3,000 on 10,000 card owners. A
total of 93% of the sales and commissions come from sales generated through the use of apps
and cars and only 7% of commissions are generated by the development of the distribution
system. Therefore, the distribution system focuses clearly on marketing cards or apps and not on the
recruitment of new sales partners. [Oh really?]

Conclusion:
Therefore, the FlexKom marketing plan is not a multi-level marketing scheme but a legal sales
system under the illustrated requirements.

With kind regards,


Stephan R. Schulenberg LL.M. Eur
Attorney



(Before the mom even knows the cake has been eaten, the son comes up to her and gives her a note smeared with icing that says, "Mom I swear, I didn't eat the cake")

Char
03-19-2014, 04:27 PM
60,000 views!

Can anyone explain what the KTM Kobi Team Member is all about?

Whip
03-19-2014, 04:52 PM
I certainly hope they're not trying to ride the coattails of the vastly popular in Europe KTM motorcycle name.

littleroundman
03-19-2014, 07:16 PM
60,000 views!

Can anyone explain what the KTM Kobi Team Member is all about?

http://i270.photobucket.com/albums/jj119/LITTLE_ROUND_MAN/ktm1_zps3ba978d0.jpg

ribshaw
03-20-2014, 08:39 AM
Looks like KTM are stepping up to the next level of scamming scamminess. The infamous "we will place the terminals for you", "all you have to do is invest and collect", that always ends with a garage full of gumball machines and a light wallet. Oh, I know what you are thinking, but this is Flexkom, they have a great track record of keepin promises. Surely it is just a coincidence that they are taking this route to dump product, er I mean find new BMs.


The following are some common tactics fraudulent promoters might use: Don't Get Short Changed: Be Aware of Vending Machine Scams - BBB News Center (http://www.bbb.org/us/article/dont-get-short-changed-be-aware-of-vending-machine-scams-238)

Inflated profit projections, including elaborate charts that may have no basis in fact.
Locator services, in which the company claims to employ an expert locator to find prime locations for its machines. The service usually ends once any establishment willing to have a machine on its premises is found, regardless of how many potential customers that area attracts.
Training programs that are generally superficial or non-existent. And it should be noted that it is impossible to learn to be a successful vending operator in one or two weeks from an out-of-town salesperson.
"Good deals" on machines, which may turn out to be machines sold for two to three times their actual value. Potential investors should be wary of buying any machine that they cannot look at in person since catalog pictures and descriptions may not tell the whole story.
Repurchase plans, in which vending promoters offer to buy back inventory from the investor. Unfortunately, the promoter is usually long gone by the time an investor tries to exercise this option.
Guarantees offered by sales agents often are worthless because the agent cannot be located and the manufacturer will not honor them

====================================

Candy Vending Machine Scam Puts Cavities In Investors' Pockets - Forbes (http://www.forbes.com/sites/billsinger/2012/10/10/candy-vending-machine-scam-puts-cavity-in-investors-pockets/)
Consequently, prosecutors charge that the victimized investors’ machines were merely placed in the most expedient manner, often in businesses that had not consented to housing the machines and quickly defmanded their removal.
As a result of the alleged scam, investors’ vending machines generated little business and Vendstar’s customers lost nearly all if not all of their investments. The typical customer paid about $10,000 for the business opportunity.

====================================

Fraudulent Display Rack Business Opportunity Fraud and Vending Machine Scam Offers (http://www.crimes-of-persuasion.com/Crimes/Telemarketing/Inbound/MajorIn/BusinessOps/display_racks.htm)


====================================
All Vending Machine Locators - Scam, Review 638829 | Complaints Board (http://www.complaintsboard.com/complaints/all-vending-machine-locators-scam-c638829.html)

Char
03-20-2014, 09:13 AM
So a small business has to sell 100,000 of product to flexkom particpants, receiving a 10% discount, which is 5k to flexkom and 8% of that is 400 to recoup my initial 400 invested in the pos terminal as a KTM.

Does the KTM own the pos, or the GTM? What if it breaks, stolen etc.? Who is responsible? KTM, GTM, Flexkom, or the shop owner?

For a price, flexkom might do you the favor of insuring it. Ebcon can underwrite it.:RpS_wink:
(Hey this is a good idea. Maybe I ought to switch sides and work for corporate.)

Of course the GTM can also be a KTM thereby filtering even more money into Flexkom and out of the GTM.

Edit: Great post Ribshaw. Came in while I was typing. I didn't even think about the dumping of machines.

ribshaw
03-20-2014, 04:12 PM
Does the KTM own the pos, or the GTM? What if it breaks, stolen etc.? Who is responsible? KTM, GTM, Flexkom, or the shop owner?

This may be a bit of a slippery slope on my part, but I believe any reasonable person looking to enter a business such as this should give it consideration. There were several Ponzi Schemes using the alleged placement of pay phones. All the investors had to do was supply the money.

Two Oregon Firms Named in Pay-Phone Ponzi Scheme - Los Angeles Times (http://articles.latimes.com/2001/aug/29/business/fi-39514)
Creator of ETS Payphone scam heads to jail - Atlanta Business Chronicle (http://www.bizjournals.com/atlanta/stories/2006/02/20/daily42.html?page=all)
Pay telephone `ponzi' scheme reaches Oregon - Portland Business Journal (http://www.bizjournals.com/portland/stories/1999/02/08/story8.html?page=all)

To the question of who is responsible for the terminal. It is not much of a stretch to see a group offer to do everything to quash objections from would be investors. At the same time, Flexkom's selection process, seems not to be not so selective. While I would not expect any con worth his salt to buy a bunch of worthless POS terminals, I could easily see one pretending to. Then it is just a matter of dummying up some statements and a Ponzi is born.

Of the two scenarios, Ponzi or the use of locators to "place" terminals for investors, at this time I would lean to the later. BUT with this crowd's track record...

Char
03-20-2014, 10:31 PM
All very possible Ribshaw. Here's what I was thinking if the terminals do indeed exist in those amounts:

There are two types in Flexkom - The serial recruiters who get in, collect, then move on because they know it's a sham and the money is in recruiting. And then you have the schmoes (sorry Joe) who think the loyalty program is going to take the globe by storm (unlike the zillion MLMs before that were going to).

Serial recruiters will not buy terminals, duh.

The schmoes who happen to really believe will have a carrot dangled. Why collect only 20% when, if you sponsor a terminal in your territory, you can get 8% more of the revenue - You can triple down if you are a business owner too. (Shop, GTM, and KTM percentage). This of course is a special limited offer made available by Flexkom to better your business and make you huge, residual money forever.

What's in it for flexkom? Well 10 machines sold @ 400 is about 3k in their pockets. 3k MORE from the believers draining them dry. Plus remember, there has to be something to give the appearance that this is
legit. The terminals cover that and are a money maker to boot. No doubt there are some bonuses floating around too for the recruiters convincing their schmoe GTMs to not miss this opportunity.

Readers, are you a schmoe GTM? One who is not a serial networker recruiting huge teams but an individual who thinks you have struck gold in the M-Commerce business even though you're a realtor, butcher, or hairdresser etc.. Who do you think is funding those commission checks?

Worse yet, are you a schmoe GTM who has recruited a few? A believer who gathers more schmoes?

Char
03-21-2014, 07:30 AM
P.S.

I believe "those" GTMs I refer to are actually victims not schmoes - The believers who haven't been scammed before by a recruiting, MLM, ponzi type program.

It's your upline, top leaders, and big recruiters who think of you as a "schmoe" and sucker behind your back. To your face, you're a smart, entrepreneur who sees the vision and their glad to have you aboard.:pao:

Char
03-21-2014, 12:26 PM
^^^they're not their

Who is Deborah Brolley?

@linkedin

Deborah Brolley's Experience

Corporate recruiter, and National Trainer
Flexkom International
August 2013 – Present (8 months) Germany, with Las Vegas Office for American Market

I am a corporate Headhunter for Flexkom International training Part time and full time Brand Managers, M-Commerce Marketing. The mobile app enables small to medium-sized businesses to attract and retain customers, while adding an additional stream of income, through a loyalty program that links businesses together creating a much larger merchant network. I have always had a passion to empower other business owners grow and thrive. They are hiring successful leaders to open in their market place. email me if you know someone looking to empower the small and medium business owners in their area.

Speaker's Forum - Join Beyond 40 and Fabulous
joinbeyond40andfabulous.com/speakers-forum/‎
Debbie Brolley A top earner in Mary Kay Cosmetics and Send Out Cards, Deborah is now approaching the 5-Star Ambassador Level at Visalus Science.

All about Mary Kay Pink Truth » My Mary Kay Story and the Start of Pink Truth (http://www.pinktruth.com/2013/03/my-mary-kay-story-and-the-start-of-pink-truth/)
Also an expose from Harpers Bazaar Magazine Pink Truth » Harper’s Magazine: Mary Kay’s Pink Pyramid Scheme (http://www.pinktruth.com/2012/07/harpers-magazine-mary-kays-pink-pyramid-scheme/)

Visalus info The ViSalus Scam Exposed » Lazy Man and Money (http://www.lazymanandmoney.com/visalus-scam/)

Unicity Unicity International Review: $125/month autoship | BehindMLM (http://behindmlm.com/companies/unicity-international-review-125month-autoship/)

http://www.unicity.com/usa/enews/images/feb10_top_rc.jpg
Unicity
Advanced Cardiovascular Care Center
Dianna Akers
Hector Alcazar
Phyllis J Austin
Scot Bennick
Deborah M Brolley

Do you see the pattern I'm trying to establish? Recruiting is once again shown to be the business and not m-commerce, makeup, or weight loss drinks. Don't be a fool and think that earning a percentage on the discount of loyalty cards is going to make you a significant amount of money.

Fyi, Pink Truth (http://www.pinktruth.com/) is a site worth visiting since Mary Kay is often referenced as the poster child for ethical MLM. These are real people telling their stories and they aren't good.

EagleOne
03-21-2014, 08:33 PM
I wonder where watsco and FlexKomGAUSA went? Wait, I know. They had so many businesses and people wanting to join this fantastic opportunity they are swamped filling orders and signing people up.

Char
03-22-2014, 08:43 AM
I wonder where watsco and FlexKomGAUSA went? Wait, I know. They had so many businesses and people wanting to join this fantastic opportunity they are swamped filling orders and signing people up.

Actually I was thinking Watsco may have seen the light given the amount of evidence presented here that flexkom is a scam. I was even hoping he might come back and give a tiny thank you for saving him from further loss and humiliation among friends and family. We, of course, would welcome him as most of us have been scammed before WHICH IS WHY WE KNOW WHAT WE'RE TALKING ABOUT.


Speaking of humiliation, I have to post this video for posterity. Yes, it's not exactly about Flexkom, but it is Lyoness, ANOTHER LOYALTY CARD REWARD SYSTEM so all related. You will also see how flexkom IS NOT A NOVEL IDEA that's going to overtake the world. Oh yeah, don't forget about Beepxtra and KisKapital too. Eiyiyi

Enjoy!!


http://www.youtube.com/watch?v=BrwwC6KuS7Y


Mods, how about moving the Lyoness thread to online opportunities so they can run side by side and show the world Flexkom is nothing new.

Char
03-23-2014, 08:07 AM
I could be here all day.
:onloo:

"Flexkom is the next big thing, a world wide mega mall which is allying retail shops with online commerce to make a heady brew. Flexkom is using all the latest technologies to create a unique shopping experience. Launching in 50 countries soon, this company is going to take the world by storm. "

"If you want an invite to rippln click on
Rippln is about to take the WORLD by Storm.
You can invite people to use the Communicaution/Game App for FREE and build your RIPPL ....."

"This is not the Lyoness I’m talking about.
The Lyoness I mean is an Austrian company that is poised to take the English speaking nations of the world by storm.

"You were just exposed to the concept that is taking the world by storm, but now, let’s take it up a notch.* This next video will give you a slightly deeper understanding of Lyoness. "

There's more but you get the picture.

Whip
03-23-2014, 09:36 AM
it's raining in flexkomland?

ribshaw
03-24-2014, 11:10 AM
How about moving the Lyoness thread to online opportunities so they can run side by side and show the world Flexkom is nothing new.


Post 4 is worth looking at as Flexkom and Lyoness if not twins, then the same money sucking mirage. http://www.realscam.com/f9/lyoness-2855/

Char
03-24-2014, 04:40 PM
Who is George Gasich?

Flexkom Newsletter
"George Gasich was appointed sales
manager for the entire United States.
He is one of the most experienced and
successful partner in direct sales. During
his many years of business development, he has established
internationally more than 100,000 partners."

Follow this closely:

@google
Kangen Water Weekly Live Call Schedule - Constant Contact
myemail.constantcontact.com/Kangen-Water-Weekly-Live-Call-Schedul...‎
Hosted by Jeanne Basso & George Gasich. EVERY THURSDAY @ 9:00 p.m. ( EST). CALL: 1 712-432-0900 Pin: 113902#. Enagic Success Training Program.

Enagic Kangen Water MLM. Alkaline water debunked. See the science here: "Ionized" and alkaline water: snake oil on tap (http://www.chem1.com/CQ/ionbunk.html)

More importantly, we see that George Gasich has a connection with Jeanne Basso.

Now look here: PAS / Prosperity Automated Systems Shut Down SEC (http://www.scam.com/showthread.php?t=116911&page=27) Scam.com page 27 from 2006!!! Snippets below:


"Thanks for understanding....Mary really does not need more. Mike B. (docb) knows her, too.... she's a very nice and good-hearted person. Like me, she fell for Athena Costa's and Jeanne Basso's bullsh*t and shelled out over $5K. If you want to bash someone, bash Athena and Jeanne....I will be glad to help you all you need!""


She definitely has a long background at pyramid/ponzi scam, but at under a $100K earner(so disclosed by the dubious IGI compliance stats) she is mid-level as it would seem those above $100K, the George Gasich, Jeanne Basso, DeeDee Birdie and mystery woman, Kay "Ma" Parker, are among the "elite" in the scam.

Prosperity Automated System Investigated by SEC.

William M. Osterhout and Prosperity Network, Inc. d/b/a Prosperity Automated System: Lit. Rel. No. 19848 / September 27, 2006 (http://www.sec.gov/litigation/litreleases/2006/lr19848.htm)

http://www.quatloos.com/Q-Forum/viewtopic.php?t=4141

Why "believers" blindly give these people money is beyond me!!!! Unless they too are willing to make money off friends and family BECAUSE THEY AREN'T GOING TO MAKE IT IN CASH BACK REWARDS AT STORES!!!

Char
03-24-2014, 05:01 PM
Start listening at 52 minutes for the good stuff. Poor Alice from Kansas City asks a very good question (her second question I think so keep listening) and gets a curious response. Let's hope she figures it out.

FlexKom Next Level Team Leadership 03/21 by FK Next Level | Entrepreneur Podcasts (http://www.blogtalkradio.com/allwired/2014/03/21/flexkom-next-level-team-leadership)

EagleOne
03-24-2014, 05:17 PM
Anyone with an IQ above a potted plant should have picked up on none of these people know what in the heck they are doing or what it takes for each level. They were all over the place with their mumbo-jumbo hoping people would just buy what they said. Too bad there wasn't more time for someone to really pin these jokers down. If this does not convince you this is an illegal pyramid scheme, nothing will. You've drunk the Kool-Aid.

JustTooMuchTime
03-24-2014, 06:32 PM
Who is George Gasich?

More importantly, we see that George Gasich has a connection with Jeanne Basso.

Now look here: PAS / Prosperity Automated Systems Shut Down SEC (http://www.scam.com/showthread.php?t=116911&page=27) Scam.com page 27 from 2006!!! Snippets below:





Prosperity Automated System Investigated by SEC.

William M. Osterhout and Prosperity Network, Inc. d/b/a Prosperity Automated System: Lit. Rel. No. 19848 / September 27, 2006 (http://www.sec.gov/litigation/litreleases/2006/lr19848.htm)

http://www.quatloos.com/Q-Forum/viewtopic.php?t=4141

Why "believers" blindly give these people money is beyond me!!!! Unless they too are willing to make money off friends and family BECAUSE THEY AREN'T GOING TO MAKE IT IN CASH BACK REWARDS AT STORES!!!

Great find!

Char
03-24-2014, 07:18 PM
OOPS missed a few on who is George Gasich.

The Best Kept Secret In The USA (http://powermmm.com/home.html) Snippet below:

"If you like what you see on this page, click CONTINUE to watch a video presentation of our company and listen
to a recording of my call featuring my upline 7-Figures earner Jeanne Basso & George Gasich. You'll learn
more about the company, the products, compensation plan, and our state of the art marketing system."

They are talking about 3000now.com
Revolutionary Profit Sharing EVE (http://3000now.com/)

Revolutionary Profit Sharing
EVERYONE (100%) start earning in 24 hours
Eliminate ALL stress associated with traditional businesses:
No Sponsoring & Recruiting
No Calling, Chasing, or Selling
No Website, Training, or Autoship
100% NO Experience or Computer Skills required

And:

@google
New 2002 Team Elite Members - Nu Skin
www.pharmanexusa.com/library/NSE/pdf/accolades_vol2_no2.pdf‎
Jun 20, 2002 - healthier, more productive lives, the Pharmanex. BioPhotonic ... Tom and Ann Houghteling. Dallas, Texas ...... George Gasich. East Chicago, IN.

About Nuskin
Nu Skin Enterprises Pyramid Scam !!! (http://www.scam.com/showthread.php?t=13013)

Also this reference:

@google
International Galleries: I was wrong .... - Scam.com
scams - report the scam here (http://www.scam.com) › Message Board › Work at Home Scams‎
Sep 20, 2005 - 8 posts - ‎4 authors
IGI is only for MLM minded people that are willing to sign up more ... and hangs with Mafia types Basso, Tommy Moore and George Gasich . [Not sure if he was involved with IGI just the friend]

So the question begs:

Will George Gasich tell you anything for a fee or is he just a poor judge of picking businesses. Umm, that doesn't say much for Flexkom's future.

Again, unless of course you're willing to make money off your family and friends' investment money = BIG MONEY NOT GOING TO HAPPEN WITH LOYALTY APPS OR CARDS.

Char
03-24-2014, 09:05 PM
Slight correction because fair is fair.

George Gasich may have been promoting jeunesse and not 3000now. Looks like the website referenced was by a guy named Don pimping 3000now ala his email adresess listed AND Jeunesse. Guilty by association?

Anyway, the point remains the same and add Jeunesse to his list instead.

ribshaw
03-25-2014, 08:38 AM
So the question begs:

Will George Gasich tell you anything for a fee or is he just a poor judge of picking businesses. Umm, that doesn't say much for Flexkom's future.

Again, unless of course you're willing to make money off your family and friends' investment money = BIG MONEY NOT GOING TO HAPPEN WITH LOYALTY APPS OR CARDS.

As JTMT said great find on this piece of work. Georgie seems to keep with the FLexkom tradition of hiring leaders that are good at ONE thing, recruiting. One is certainly left wondering why he needs to be burning shoe leather on the latest and greatest if there were so many other easy money opportunities he promoted. Looking at his past may as well be a crystal ball showing the future.

The notion of training rang a bell. A way back I was at a "note brokering" pitch in a conference room somewhere. I think training was around $2,000 give or take, but the kicker was if you signed up you got the speaker as a "personal trainer", he would even give you his number. It is almost as if there is a script that these guys read from.

I certainly have no knowledge about Georgie, but if his life follows that of a lot of hucksters it is one of boom and bust, not of building lasting businesses. Money passes from the seminar circuit to their pockets, straight to a 3X lifestyle, and then a very predictable bankruptcy.

Stewart
03-25-2014, 11:24 AM
Start listening at 52 minutes for the good stuff. Poor Alice from Kansas City asks a very good question (her second question I think so keep listening) and gets a curious response. Let's hope she figures it out.

FlexKom Next Level Team Leadership 03/21 by FK Next Level | Entrepreneur Podcasts (http://www.blogtalkradio.com/allwired/2014/03/21/flexkom-next-level-team-leadership)

So, a rough transcription, not word-for-word, goes something like:
Caller: If I get on board and attend [some convention they're talking about] tomorrow, can I immediately the day after start deploying POS machines in Kansas?
Answer: As long as you are, or get to be [insert job title] then we will "open that area up". [I think the title was "Regional Sales Director" or similar.]
Caller: What does [job title] mean?
Answer: It means you have below you 3x [other job title]
Caller: And please define [other job title]
Answer: That's somebody who has 3x [yet a third job title] beneath them.
Caller: So I need to have 3 who have 3 who have 3?

[And then it gets confusing as several people talk at once.]

I'm not entirely sure what "open that area up" means, but one of the people said "we need leadership in that area before we can open it".

I'm curious about the advertised reasoning behind this. A covert non-advertised reason might be that it delays the green light as long as possible.

I understand the concept of a "launch day" for products, for logistical and promotional reasons, such as when the latest iphone is in the shops.

But I don't quite get putting an indefinite delay into "opening an area". If the servers are working, why wouldn't you do it?
Surely if it's all legit you would want someone, anyone, to start deploying POS's ASAP, because the more there are out in the field, the more they can be seen to be working, the more you can show them off, the quicker the word would spread, get articles in local papers, the more you "create want".

But under this system, you've got 27 people in a hierarchy, not one of whom has ever actually had a go at deploying a real POS. They may have done drills at the convention, fine, but even the leader of the hierarchy won't have done it for real.

It's a system which selects as its leaders people who are good at recruiting, not people who are good at promoting to and supporting local businesses, although they're both sale-ish type activities, so I can see how someone who is good at recruiting would easily see himself doing the other.

But why would you delay the green light? Why delay all that activity and revenue?

EagleOne
03-25-2014, 01:58 PM
Stewart: In regard to your question: But why would you delay the green light? Why delay all that activity and revenue? The answer is simple: The program does not work, so they have to get everyone signed up thinking it will work as this is how anyone makes any money as an affiliate or whatever they are calling themselves. If they actually had to have product in the marketplace before getting everyone on board, it would collapse immediately. They would see the program does not work, as well as their app and POS. All they have is hype and promises of great things to come, and it is all they are ever going to have.

Char
03-25-2014, 04:25 PM
Ian Driscoll of Banners Broker ponzi scheme infamy enjoying life in the first 30 seconds of this video. Wonder how the victims of Banners Broker feel about trusting this mans judgement and giving him their hard earned money - Especially the ones who are struggling to put food on the table today.

See him now is this Flexkom video. I guess after Flexkom it will be private jets instead of the limos and tuxes seen here:


http://www.flextube.eu/de-DE/Views/Views/Index/1045

Char
03-25-2014, 07:43 PM
^^^Same video with better link.



http://vimeo.com/79328378

Stewart
03-26-2014, 11:52 AM
Ian Driscoll of Banners Broker ponzi scheme infamy enjoying life in the first 30 seconds of this video.


He's also at 2:36 for about 40 seconds. Gotta love that smile at the end!

Char
03-26-2014, 01:08 PM
FlexKom Next Level Team Leadership 03/24 by FK Next Level | Entrepreneur Podcasts (http://www.blogtalkradio.com/allwired/2014/03/24/flexkom-next-level-team-leadership)

At 7:10 they name drop and mention "talking Flexkom" to Ray Perkins former NFL coach. Well, well, well a friend of mine contacted Ray Perkins and he has no idea what they're talking about. Not only that, assured her that he would never be involved with anything like what was described to him. They had a nice conversation and he said it was the third call he had gotten that day for some crazy investment thing.

Stewart, I guess "talking Flexkom" means the same as "opening an area".

Ribshaw, how did you put it? Scammiest scammers?

Char
03-27-2014, 08:04 AM
Wouter Hol has done some amazing work exposing Flexkom. See his blog. (Use google "wouter hol flexkom" then translate)

People really need to pay attention and learn from others' mistakes.

"Butter on my head" "Lick my wounds. Big bulge" - Gotta love google translate. Very good post from former believer below:


Marcel Gotje March 27, 2014
Dear People,

As promised, yet as my input. As an experienced entrepreneur, I also like other enterprising people make mistakes.
Since November 2012, I had my signed with FK.
The concept seemed great and thought what have I got to lose.
At the beginning I had me engrossed in FF but have a lot of money and energy into it. Eventually greatly Without the kick to certain people in FF, I doubt it was seen that I was too good for FK 2200. Since June 2013 over € anyway
I was paying too much by accident 2x.
Having sent to Germany many proofs, I just got back € 648.00 (in December 2013), and thus still waiting to € 1,639.00.
By now I was well on the way to the SD status because there was enough interest, since my network is large.

I was almost 24 hours a day working on FF and eventually RC.
Subsequently, several meetings and also showed regularly visited some criticism in my "colleagues" But I was immediately a stranger in our midst, and they were totally open to criticism on my part.

The distribution of postcode areas I find a strange case of classification because if you think you are close to good shopping is in the interest of FF and I have done my part as an experienced salesman and customer that my earnings would be.
Not the current group of people because they have hardly any experience in the field of sales. They can just screw in "their" postcode area. No, I certainly do not believe that FF is close to shops and you have nothing that APP. Barely works.

POS terminal also what I saw at a meeting, I will use customer-discount retailer terminal is far from optimal. And the retailers have to learn this? and how will the Distributors explain this?
I really have no idea.
The many changes that you hear at every meeting bother me tremendously.
At each meeting ripe for yet another explanation or so but told anything.
But it is clear in the following:
Take people along and investors who want to pay back money. People are crazy and the head to also take a VIP package and even to buy POS terminals Hello, FK still wants the biggest company in the world? terminals that give away!!. Let FK see if you take people seriously and retailers. The product sells itself then.

Grand opening, to laugh, first Paris, then somewhere else in a big stadium and eventually put pressure on people to buy tickets! I was so mad to buy tickets, but they have returned to Apeldoorn and then again to get them back. And is called that I have to pay it. Cards But get yourself thousands of dollars from FK. ??

I have visited many meetings and the last RC's concert, but I had a good look around me and came to the following conclusion:

I'm going to stop because a puppet, but people still need to recruit and everywhere but money for asking!. The belief in the company FK and the fact that there are hardly listened to your will has made me decide to make it stop.
I do not beat me in the chest, but if I "club" together see, I really see NO ONE who is able to connect. A shop I have my track record as an entrepreneur and is like no other convincing retailers. But I was not convinced of FK.
My reputation as an entrepreneur in the security was at stake. Is screened by Justice since 1995 and have a good reputation in the industry, I think.
Feels sorry for all those people so much money and time are invested.
Given time, energy and money, I think more than € 10,000 to € 15,000 to go wrong because I have invested in other people because I wanted to help this by personal reasons.

My network is unprecedented and present myself with my experience and expertise as a Security Expert and Private Investigator.
And to be honest, believed in and FK concept, but unfortunately maybe butter on my head.
But'm done, if you have to wait for money to which I am just right almost a year.
For this reason I have therefore taken the right decision and should lick my wounds. Like many people
Own fault. big bulge.

Ok I have invested money to go start in Portugal and here I can just forget about my money. But they have underestimated my never, I should know better. However, had
But time will tell.
You can count on me,

Sincerely,

Marcel Gotje RAN
Entrepreneur

---

Reply
Huub March 27, 2014
Congratulations Marcel. I take my hat off to you for the fact that you admit your mistake. There you have guts. Hopefully that will open the eyes of others. Nice to get so openly. A bit of a look behind the scenes FlexKom It confirms to be the image that gives Wouter that 'now'.

Good luck with your efforts to get something. Your money back

---

Reply
Marco BB March 27, 2014
Hello Marcel, I join with Huub, hats that you want to tell your story here!

I myself was about 1.5 years ago by an acquaintance approached to go to a meeting Flexkom anywhere in a room. I was told in passing that Flexkom would be. Within a few years one of the world's largest companies I had to be quick because the licenses were limited and would thereby be much more expensive quickly. But when I uitpluisde the 'employment' of Tsjengiz on German websites, I was immediately convinced he same game (scam) would play what he got. 6/7x time for each other exactly Only this time international, larger than before and end up with many more casualties.

This bruiser and career MLM there is totally wacky and is only good at one thing, people light up. A few months ago opened Wouter his blog and my last 0.1% doubt I was within a few minutes lost. Your story shows once again how difficult it is to judge when you arrived. Middle of a scam if Flexkom soberly For how is it possible that all those lies, myths, fairy tales, or whatever you want to call it to be swallowed? By following We've all seen are reviewed here, the fake certification Ebcon, the BDS quality seal, staged videos that the impression had the impression that everything works, a shopping street in Turkey to Flexkom state was converted, all those different POSjes, Flex Holiday , Flex Hotel, Baker & McKenzie and dozens of other examples. It can not be on.

Besides the fact that I'm not in the business model of Flexkom faith (MLM, a virtual currency, a shopkeeper who are granted discounts even more must cede to Flexkom) they have a pure default delivered to their subscribers. Ridiculous what Tsjengiz & Co. are all thought to be able to afford. See your double payment that they have not yet returned. Still after all this time Yield a decent end she never succeeded but keep knocking. Interim money from the pockets

You have an important point that there are no vendors walking around with FK. Because sales is a profession and hard work. There you may be educated, but when it's not in you, then forget it. Even if the FF system 100% correct (that it is not and it is not), then the remaining FK-ers would not be able to bring it on. Man This is a common problem in MLM, there can be just one example, "sales manager" in rank above you who are not pepernoot can sell but have registered. Happen sooner An example of this seems to Gerda Zeiss Flexkom.

After seeing a documentary (see Netflix) on the largest pyramid / ponzi all time by Bernie Madoff (65 billion dollars ...) and how long it has been left out still think quickly, what the heck are Tsjengiz and Asker actually tiny , pathetic little crook ...

Good luck with your business and your claim with Flexkom.

---

Reply
Marcel Gotje March 27, 2014
Sorry for any typos,
haha
Marcel

---

Reply
Marcel Gotje March 27, 2014
Do not blame me for the mistakes.
Got text tonight during job trying to put out a little bit and was tired haha.
But am open to action against FK.
Nice words from a company but with words alone can one buy bread.
But will not rest until I get my money back.

Sincerely,

Marcel Gotje RAN
Entrepreneur.

ribshaw
03-27-2014, 10:23 AM
I was almost 24 hours a day working on FF and eventually RC.

This is certainly the corollary to everything that has been discussed in this thread. We heard just sign up two merchants (keep your full time job) and $500 per month in passive income will fill your pockets. Even discounting everything else he has laid out (not wise but play along), what are the odds for someone who is not a serial recruiter?

For years the MLM/GRQ (Get Rich Quick) community has tossed around two things very consistently; it takes little to no money to start, and you can do it part time. BUT once they get your money one starts to hear things like; "The only place success comes before work is in the dictionary", "True believers needing to be out showing (X) 6 or 7 nights a week", "Buy your tickets to this can't miss event, at the company's COST naturally :RpS_wink:". And for what result?

99% of all distributors in these companies earned on average less than $13 a week in commission income. (In 10 of the 11 companies, the commissions were less than $10 a week.) This isn’t even enough money to cover the minimum purchases they’re required to make in order to “qualify” for commissions. Pink Truth » Myth of MLM Income Opportunity: 99% Lose Money in MLM (http://www.pinktruth.com/mary-kay-facts/myth-of-mlm-income-opportunity-99-lose-money-in-mlm/)

MLM Broken Model
03-27-2014, 10:41 AM
Are George Gasich, Tom McMurrain and others getting PAID EACH MONTH BY THE COMPANY (in addition to overrides) to bring in more INVESTORS and PROMOTERS? If so, did they disclose this information to the field?

Scamtracker-Jaap
03-27-2014, 12:28 PM
I will edit Marcel Gotjé's posting from the WouterHol.nl forum a little so you can better understand it. Although Google translate is a good tool, I find the results often almost unreadable. Here we go:

Dear People,

As promised, here is my input. As an experienced entrepreneur, I still can make mistakes, like every other entrepreneur.
In November 2012, I signed in to FK.
The concept seemed great and I thought what have I got to lose.
From the beginning I have have put a lot of money and energy into FK. At some point I started to doubt because FK owed me 2200 € (I accidently payed the licence twice) and they never payed it back. Having sent to Germany many proofs of this, eventually I received only € 648 (in December 2013), and thus are still waiting to receive the rest (€ 1,639)

By now I was well on the way to the SD status because there was enough interest, since my network is large.

I was almost 24 hours a day working on FK and eventually made it to RC.
I visited several meetings and also had some criticism. But to my 'collegues' I was a stranger in their midst, and they were totally rejecting any criticism on FK.

The distribution of postcode areas I thought of as a strange way of classification because if you are a good sales rep it is also in the interest of FK. I have proven my part as an experienced salesman and should be permitted to connect shopkeepers outside my postal code area.
The current group of people will fail because they have hardly any experience in the field of sales. They might easily screw up in "their" postal code area. No, I certainly do not believe that FK is able to enroll any shops and also the app is useless. It barely works.

The use of the POS terminal is far from optimal, I noticed at a meeting. And the retailers have to master this? Will the GTM's be able to explain all this? I really doubt it.
At every meeting there are many changes, it bothers me tremendously.
At each meeting there is yet another explanation for the same problem.
But very clear is the following:
FK wants you to recruit people and bring investors to pay for the KTM. People are pressured to also buy a VIP package and even to buy POS terminals. But hello, FK wants the biggest company in the world, isn't it? Then it should give those terminals away for free!! That is taking people and retailers seriously! The product would sell itself then.

Grand opening was laughable. First Paris, then somewhere else in a big stadium and eventually they put pressure on people to buy tickets! I was so foolish to do that, but inmediately mailed them back to Apeldoorn (Holland HQ), only to get them mailed back to me again. With the claim that I should pay for them anyhow. But then FK still owes me thousands of euro's...

I have visited many meetings and the last RC's meetings too, but I had a good look around and came to the following conclusion:

I'm going to quit this circus, where you always need to recruit new people and where the ask you money for everything! The lack of belief in the company FK and the fact that there hardly listen to the GTM's has made me decide to quit.
I don't want to brag, but if I see this poor bunch of people, I really see NO ONE who is able to enroll a single retailer. I have a good track record as an entrepreneur and I am sure I was able to convince retailers. But I am not convinced of FK anymore.
My reputation as an entrepreneur in the security was at stake. I am screened by the Justice department since 1995 and have a good reputation in the industry.
I feel sorry for all those people that have invested so much money and time.
Given the amount of time, energy and money, I think I stand to lose more than € 10,000 to € 15,000.

My network is very large and I offer my experience and expertise as a Security Expert and Private Investigator.
And to be honest, I believed in FK and its concept, but unfortunately maybe I also am to blame myself.
But I'm done with them, if you have to wait for money to which I am entitled for almost a year now.
I therefore have taken the right decision and now are left to lick my wounds. Like so many other people
Serves me right, I had it coming.

Also I have invested money to start in Portugal and will lose that too. But they should never underestimate me, although I should know better myself.
But time will tell.
You can count on me,

Sincerely,

Marcel Gotje RAN
Entrepreneur

Char
03-27-2014, 07:43 PM
Welcome Jaap,

We appreciate the help. Unfortunately, America is being promoted heavily right now and your English translation made it clearer for future victims. Thank you.

Scamtracker-Jaap
03-28-2014, 03:22 AM
You're welcome. In Europe we have a couple of years more experience with Flexkom. And the Wouter Hol forum is the treasury for info on Flexkom worldwide, so I am glad to help you out with it. Google translations from Dutch to English are not too bad. I tried from Turkish to Dutch, but that is like deciphering hierogliphics.

In the Netherlands Flexkom has made some progress and is now more or less in phase 3 since the beginning of this month. I say more or less because they are very vague about it. The about 400 GTM's that are left are now getting trained and after that should be free to go out and try to seduce the shopkeepers. A group of about a 100 GTM's is already doing that. Until now 2 shops have been hooked, but FK is very secretive about it. And these shops are owned by FK agents themselves. FK is very quiet about it all and the lack of success stories is telling.
Still I am surprised that they actually took the risk of going into phase 3, and thereby taking the risk to fail. Once the GTM's are turned loose on the shopkeepers, they will find there is no interest and will return home with a bloody nose. And even if they manage to sign in a shopkeeper, after all it is initially free for them, the shopkeeper will soon find out that the discounts costs him too much. They will either diminish the discounts to next to nothing (2 or 3 %) or will give discounts outside the FK system, so they can evade paying the FK share. Also ofcourse they will discover pretty quickly that the FK system does not result in more customers coming to their shop, and will lose any remaining enthusiasm. That is a likely scenario I think.

One thing puzzles me. In the U.S. you have so much more experience with MLM then we do. How come that Flexkom is able to fool still so many people? Is it the lure of the American Dream? In Europe some countries have a natural resistance against the Flexkom disease: Germany for instance, because Tjengiz is too widely known as a scammer there. In Germany FK is practically non-existent. And in some Balkan countries, like Bulgaria and Albania. In Albania they had a small civil war over a pyramid scheme in the nineties. The whole country was scammed and almost went bankrupt over it. Now it is impossible to market any MLM stuff there, they are totally allergic to it.

littleroundman
03-28-2014, 04:09 AM
How come that Flexkom is able to fool still so many people?

Ah, but is it ??

All we have is the word of FlexKom, which is notorious for the lies and exaggerations it uses and a handful of serial pyramid promoters to whom lying is a way of life that the numbers of "fooled people" exist.

It should be remembered, I think, that there is a subclass of serial pyramid players and promoters who will jump on board the "next big thing" regardless of how legal or viable it may be, which inflates the numbers and makes the opportunity more attractive to potential victims err, new members.

IM(very)HO, when it comes to ponzi / pyramid schemes, trying to separate fact from fiction is a pointless exercise and the only sensible way to approach any get-rich-quick scheme is to assume it's ALL lies.

Char
03-28-2014, 08:07 AM
All so true LRM especially the "sub-class" reference. I wonder what the percentage breakdown is in each class?

My analogy goes something like:

Meth lab owner = MLM/Ponzi founders
Meth dealers who know not to use but make money off drugs = MLM serial pimpers like Ian Driscoll et.al
Meth junkies who are in denial and hooked = People in various MLMs always believing in the next big thing
Meth first time users looking to have some fun not realizing the harm & paying street value = MLM victim

It's a scuzzy, unethical, criminally infested, lying bunch of con men and women in the MLM world.

Scamtracker-Jaap
03-28-2014, 09:17 AM
These serial pyramid scheme promotors, like Russell Longcore for example, do you think they get paid for spreading false information? That they function as disinformation agents? A bit like how Gerald Posner gets paid for spreading the official lie about the JFK and MLK murders?

ribshaw
03-28-2014, 09:42 AM
Until now 2 shops have been hooked, but FK is very secretive about it. And these shops are owned by FK agents themselves. FK is very quiet about it all and the lack of success stories is telling.

This is another one of those "most bothersome" themes the emerge repeatedly with Flexkom . If the true goal was to drive sales for business and build a massive network of stores and users there would be NO secrecy. If one were to ask their neighbors about Groupon most would have heard of it, and maybe tried it. Ask the same question of a business owner and you would get the same, and possibly a response of "they want me to discount too much" or "it does not drive the right sort of customers".

Unless your neighbors are "internet marketers" or "scam busters" Flexkom I am betting will deliver a blank stare. Four years into a model that needs buzz to work, or no buzz to continue recruiting suckers.




Is it the lure of the American Dream?

There are four staples that sell year after year. Love Stories, Self Help, Weight Loss, and Get Rich Quick.

The girlfriend brought home cake from work, and some strawberries from the grocery. I wanted to hear nothing of the berries, but could not wait to get that cake in my belly. Get Rich Quick is a similar easy sell, just like telling folks like me they can eat whatever they want and still lose weight. Promise a room full of people an untapped method or market to make money, and then give them access to easy credit. Rinse and repeat as they say.

When you compare that to the reality for 99% of us of working extra hours, slowly and sensibly investing our money, doing without many things we want but don't need. Well that is downright depressing, $2000 you say and I can have it all now..

7334

littleroundman
03-28-2014, 09:51 AM
These serial pyramid scheme promotors, like Russell Longcore for example, do you think they get paid for spreading false information?

Abso-bloody-lutely they get paid.

They get paid by being given "early positions"

They get paid by being given free and / or minimum cost positions IOW, they spend little or no money of their own.

They get paid by being given warning of an impending collapse.

They get paid by having a blind eye turned to any "extra curricular" activities such as member to member transactions and /or breaking any rules members are required to follow i.e are allowed to have multiple positions

They get paid (a higher rate) for anyone who signs up using their referral links

They get paid (a higher rate) for bringing any "downline" they may have

They get paid for lying, cheating, misleading, exaggerating, misdirecting and keeping quiet about anything which could adversely affect the fraud and fraudsters.

Stewart
03-31-2014, 03:53 AM
Just read this article.

FlexKom [Michael Scheibe] Refutes Allegations by Brian McGinty - 6 January 2014 (http://www.obtainer-online.com/news/en/flexkom-refutes-allegations-by-brian-mcginty.html)

The most interesting thing about it is that the dispute, the allegations, the refutations, the whole upset and argument are all on the subject of recruiting, er, team-building and the "pre-launch" phase. Only when you get right to the bottom of the article do you find any mention of customers at all.

And this is that specific mention:

FlexKom has hundreds of thousands of satisfied customers and affiliated retailers. In Great Britain, we have partners who now generate a five-digit monthly income.

Of course, as long as you have 2 (or any plural) of partners in the UK on £10,000 per month or more, then that 2nd part can technically be true. (Ian Driscoll + one other?)

The 1st part is not location-specific, so as long as you have 100,001 or more customers and retailers globally then the 1st part can be true. I wonder what the split is?
2 customers and 99,999 retailers? (Surely we can find one of them.)
2 retailers (needle in a haystack) and 99,999 customers (are they active, do they still have the app installed, or the card in their wallet?)

Char
03-31-2014, 06:40 AM
I guess my "meth dealers" are fighting over territory rights and whose drug gives a better high.

Or is it scammy scammers calling other scams a scam?

Brian McGinty of, Banners Broker Ponzi scheme, Empower Network, Beepxtra, and Karatbars thoughts on Flexkom:

http://www.pureleverage.com/premierteam/top-10-online-businesses-to-avoid-in-2014/
"TOP TEN TO AVOID"

"1. Flexkom – I bought a “franchise Licence” from Flexkom in November 2012 as did tens of thousands of others across Europe and The World. They have invented a history of their business in Turkey which never existed. They do endless recruiting meetings where they ask people to part with thousands for something they never deliver. By the time people find out everything they say is lies they move on to another country.

They have taken millions from people across the globe and delivered nothing. Just do some Google searches on this one and you will soon work it out. Latest I heard they are trying to open in America. The SEC in the USA and The Daily Mirror UK are currently investigating them.

Easily the most sophisticated scam I have seen in eighteen years. Ten out of ten for wool pulling… They caught me out and many more experienced people with me. Never too old to learn!

So much negativity online that duplication is near impossible!"

freighttrain
03-31-2014, 07:59 AM
Or is it scammy scammers calling other scams a scam?

Brian McGinty of, Banners Broker Ponzi scheme, Empower Network, Beepxtra, and Karatbars thoughts on Flexkom:

Top 10 Online Businesses To Avoid In 2014 | Online Company Review - Working From Home 2014 (http://www.pureleverage.com/premierteam/top-10-online-businesses-to-avoid-in-2014/)
"TOP TEN TO AVOID"

His original review of Flexkom is still to be found in the Google Cache and on some other blogs reporting about Flexkom.



FLEXKOM REVIEW – IS FLEXKOM A SCAM OR A REAL BUSINESS
1

Flexkom Scam – Or Is Flexkom a Genuine Business?

12 Month “Insider” Review

Before I begin it is important to note that Flexkom is just one of many businesses I have tested and reviewed in the past few years.

I have tested/am testing Pure Leverage, Chartfords, Adclickxpress, IBO Toolbox, Empower Network, Adhitprofits, Rippln, Karatbars, Beepxtra and Myfunlife among others.

**All of which are fine by the way if you are in them…

.

If this Flexkom review sounds in any way personal/negative it is only because Flexkom have tried to bully me and silence me with threats and legal action and that was a very bad idea on their part.
I do not respond well to threats from anyone.
.
.
I also don’t mind so much if people are spending $20 per month and something doesn’t work. Not all online businesses are successful.. same as offline.
.
The problem with Flexkom is we are talking big sums of money here which could ruin lives and relationships.
.
.
.If this review saves one families rent/mortgage it will be worth it.
.
.
.Flexkom International – Flexkom Scam? – My Flexkom Review

I joined a business called Flexkom one year ago, 12th November 2012, and have been reviewing it ever since.

I thought it was going to be a quick review as we were told in November the UK and the other seven European countries would be fully live by March 2013.

Flexkom said Franchisees would be making money in the UK in a couple of months….

This is now my 12 Month Flexkom Review

It cost me £990 to buy a Franchise Licence on 12th November 2012. I would normally never join a business that costs more than £200 as a rule but a close friend recommended them to me and what he told me sounded like a great concept.

My money was transferred to a HSBC bank account in The UK. (A personal account). *Should have been my first red flag even then!

.

*Everything I write is is fact and from someone who has been IN the business for twelve months. This is not guesswork or my opinion… Just facts..

.

I personally stopped recommending Flexkom back in May but have now decided to write this review as to do so before would have jeopardised my ability to review the company properly.

This is a screenshot of my Flexkom back office…

flexkom scam

Updated 6th November screenshot. Registered people. (Not paid!) I’ll explain later….

flexkom scam
My team of 1690+ and Sales Manager Qualification.

.

Flexkom Product

.

Flexkom aim – Flexkom say they want to help the high street by installing terminals in shops across The World. These terminals will allow retailers to make money from their customers while they shop elsewhere.

.

They ask “Franchisees” to pay $2000+ to buy a licence. If the franchisee builds a team of 12 they can become a Regional Co-ordinator and get their own area.

.

Fantastic idea and fantastic vision. (Which is why I joined)

.

The reality however….

.

Flexkom promised a £5000 bonus for team building and a company car if targets were hit by January. I reached these targets yet no car or money came forward.

They promised that Europe would be open… there was to be a large event in Paris in October…Never happened…..

.

They asked for 500 registrations in Ireland.. which was reached… They moved it to 1000…..?

I had registered a team of 1700 people worldwide but thankfully only a handful of these people parted with any money. (Seven in total from the UK)

Why did so few pay in my team?

I didn’t mind losing the £990 to see inside the business but many people wanted to see contracts before they parted with any money. (Fair enough).

T’s & C’s, bank guarantees, working contracts etc..

.

Most of my team was in Ireland and the entire Irish team refused to pay without a contract. 1200+

Since the people who registered in Ireland asked for contracts in June the country has been completely ignored! The Ireland Country Manager even offered to get the paperwork done by a solicitor in Ireland.

Over 1200 people registered in Ireland for months, retailers ready and waiting…. yet they refuse to open the country…. Why??… Because the Irish asked for contracts??

Two countries that did not ask for contracts, Trinidad & Tobago and Kenya have been allowed to open since and Flexkom are taking money from these countries.

Why open Trinidad and Kenya when you have over 1000 people in Ireland, a country Manager and contracts ready to sign?

Once this happened the Ireland team realised things were not right so have completely pulled out. There is no Flexkom Ireland now.

Flexkom is however taking money from people in The UK, Switzerland, France, Germany, Holland, Belgium and Macedonia.

Having left Turkey and Europe in a mess Flexkom USA is opening in December?

.

Someone explain why the entire Flexkom Management are pushing to open Flexkom USA at The Mandaley Beach in Las Vegas on 7th December when there are thousands of people in Europe screaming for Flexkom to open there?

FLEXKOM – The FACTS

Can I say Flexkom is a scam 100% for definite… No

Can I say that the internet is full of scam reports about Flexkom… YES

These are four of the main ones….

Is FlexKom a Scam? » Lazy Man and Money (http://www.lazymanandmoney.com/flexkom-scam/)

Ripoff Report | FlexKom Complaint Review Nationwide: 1096436 (http://www.ripoffreport.com/r/FlexKom/nationwide/FlexKom-International-Asker-Sakinmaz-Cengiz-Ehliz-MLM-pyramid-scheme-Tells-you-that-1096436)

https://www.facebook.com/pages/Flexkom-Scam/553709781338460

FlexKom - legitimate MLM or scam ?? (http://www.realscam.com/f8/flexkom-legitimate-mlm-scam-1862-print/)

Can I say I can’t find one happy CONTACTABLE Flexkom shop owner anywhere in Europe? YES (And i’ve even been to Turkey in the summer too!)

Can I say that all The Obtainer Magazine reports are independent? … NO

Can I say Flexkom have taken millions of pounds from people across the world and delivered nothing worthwhile yet… YES

Can I say they offer no support, the Flexkom management is a mess, they don’t answers phonecalls or emails, they don’t pay bonuses… Definitely YES

Can I say any leader who has looked at this business has run a mile?… YES

Can I say they are now asking existing Franchisees for even more money to become VIP’s in The UK??…. YES (I didn’t do this obviously)

Can I report that they are now asking Regional Co-ordinators in The UK to pay for their own terminals and retailers for cards….. YES

Do Flexkom think that their Franchisees are a 24/7 ATM they can draw money from??

What could they possibly need more money for?

Pictures can say a thousand words….

Asker Sakinmaz

This was probably the most in depth and detailed review I have ever done on any business and it has been an awful experience.

I WAS very keen on this business at the beginning and was excited by the product.

You do give people the benefit of the doubt once or maybe twice but the lies, smoke and mirrors that come from Flexkom are at a level I have never seen before.

Meeting Flexkom in person

I flew to the UK and have met Asker Sakinmaz, (CEO) Michael Scheibe (CMO), Cengiz Ehliz (Owner) and Peter Grunweld (CTO) in person.

I was also shocked to find out that the CMO Michael Scheibe is actually a “Franchise owner!” I cannot say for definite about the others..

They come across as arrogant and impossible people to deal with. For some reason Peter and Cengiz decide to use translators on stage in The UK when they can speak perfect English? (I always found that odd!)

.

Dir-Flexkom-France

These people bully and bulldoze their way through people and meetings and I have seen many false tears and acting on stage.

.

Watch out for Askers story about his childhood.. Touching the first time but when you see it told in the same way with the same tears three times it really loses its effect! More alarm bells…

.

There is a story about The Kings Clothes I think applies to Flexkom!

SCAM ALERT

FLEXKOM REVIEW – MY ADVICE

I could go down the road of slagging off the company completely and there are many things I have uncovered that I will not publish on my blog.

A few simple searches and you will find them yourself anyway.

I won’t do that because it is a complete waste of time and energy. I didn’t even want to write this blog post but if it saves one person their money I am happy I wrote it.

The Flexkom concept is fantastic, the idea was brilliant… the people running the company could not run a raffle.

.

nothing

.

All I advise you do is to type “Flexkom scam” into Google, Facebook etc and do your own research.

And ask for a contract before you hand over any money.

.

My personal opinion is that… At very best….. Flexkom is a terribly run company where some people with no money are using the money coming in to fund progress.

.

.

At worst it is a money making scam where people are lining their own pockets with no intention of ever making it work.

.

Time will tell and I cannot decide which one it is.

.

Note to Flexkom: No amount of email threats will stop me from telling the truth as I find it. You stole money from myself and my friends and have wasted a year of my life.

Please feel free to send as many threatening emails as you wish and please try and sue me. There isn’t a court on the planet you will win anything in based soley on the way you have trampled through UK consumer law.

I review online businesses and yours is just one. It just happens to be the worst one i have seen in eighteen years.

Rant Over Sealed.

If you have any further questions about Flexkom or any other business I have reviewed please get in touch.

Sorry to my usual readers…. That I have nothing positive to say about Flexkom but I have never reviewed a company with so many issues or problems in eighteen years.

Email: support@onlinecompanyreview.com

.

Skype: onlinecompanyreview TEL – 0044 7511650427

.

Update 6th November – Had a letting from Flexkom yesterday telling me to take down this blog post! Maybe everyone should send them one asking for their money back??

Update 22nd November: Flexkom Launching USA on 7th December? Launching what? Is Flexkom USA the next cash cow… Nothing left in Europe?
Tens of thousands of people across Europe have paid thousands of Euros and received nothing including myself. …. Be warned!
I have emailed Asker- CEO, Cenghiz -President, Micheal -CMO, Peter – CTO for my money back but to no avail.
They continue to ignore my emails… funny that!
Update 3rd December – Flexkom have now sent me two threatening emails saying that I am backmailing them! lol…
All I want is a refund of my money…. This is the reply I sent them today…
“As you have chosen to ignore my request for my refund I am starting on my list today and will be informing each authority on this list below.

This is not blackmail, this is a very open and public request for my money back. I am completely within my rights to ask for a refund for a product I have not received.

Sale Of Goods Act 1979 Sale of Goods Act 1979 (http://www.legislation.gov.uk/ukpga/1979/54)

I am also within my rights to warn the general public about giving Flexkom any money.

I am fortunate that I have contacts in over one hundred countries and can do this quite quickly.
UK Police/Action fraud Action Fraud | Report fraud and internet crime (http://www.actionfraud.police.uk/)

Office Of Fair Trading UK Contact us - The Office of Fair Trading (http://www.oft.gov.uk/contactus#.Upck_dLKHsY)

Watchdog UK https://ssl.bbc.co.uk/programmes/b006mg74/contact
FBI Fraud USA FBI — Common Fraud Schemes (http://www.fbi.gov/scams-safety/fraud)

SEC USA https://tts.sec.gov/oiea/Complaint.html
Mandalay Hotel USA Mandalay Bay Beach - Best Pools in Las Vegas (http://www.mandalaybay.com/beach/)

Hardly blackmail. I simply want them to pay my money or I will inform the relevant authorities.

Char
04-01-2014, 03:45 PM
Well at least we have someone admitting the only "business" is that of recruiting aka "my team".

Apparently this guy, McGinty, is cheesed because he didn't get his 5000 pounds in recruitment bonus. I'm not sure he'd be such an advocate for his team/victims if that weren't the case. I mean look at that other "businesses" he thinks are "fine". Seems to me he thinks a scam is okay if you only lose 20 a month. I wonder how he explained banners broker to his "team". I guess the ones you are promoting now are just "less bad" than Flexkom.

Also, if you saw a red flag when you initially deposited your money, why continue? Did you have hopes of that bonus? Did you disclose that bonus to the people you signed up under you?

Being so experienced like you claim, did you research the founders? Did you not have concerns they ran a similar scam previously and robbed people of their money?

McGinty also says he won't positively call this a scam and that he thinks this is a "fantastic idea and vision". Of course, he's promoting beepxtra, another scam with the same concept.

Thank you Brian McGinty for showing the world what downlines of team leaders ought to know. That is, it is never about the product and all about recruiting - Which I believe is illegal.

So how does it feel to be scammed yourself? Obviously not too good or you wouldn't have taken to the net to expose Flexkom - And that is something people do everyday here at realscam along with your other so called opportunities.

I reiterate, ANYONE WHO THINKS THEY WILL MAKE MONEY ON CASH BACK APPS IS NOT THE BRIGHTEST CRAYON IN THE BOX. If you happen to make any money, it will be from your friends and family losing theirs...NICE!

What a racket!!!

Textex
04-01-2014, 04:23 PM
Most MLMs are scams. Most are also based on Amway, because the 1979 FTC court decision resulted in Amway being allowed to continue to do "business." If you want to compare any MLM to the granddaddy scam, read my blog (click on my name to visit the home page) and compare how the MLM of interest compares to Amway's operation.

EagleOne
04-01-2014, 09:49 PM
No, most MLM's are not scams. They are an illegal pyramid schemes or Ponzi's. A scam is a program that promises payments on a future event happening which never happens.

Textex
04-02-2014, 06:42 AM
You are correct, the more specific term that applies to virtually all MLMs is they are illegal pyramid schemes, and many of those are RICO frauds, owing to the tool scams they operate. I was answering the question in the context of the question, and I consider Ponzi schemes, illegal pyramids, and RICO fraud as subsets of the more generalized term, scam. Now that we have those definitions clarified, what are we going to DO about it?

MLM Broken Model
04-02-2014, 11:48 AM
You are correct, the more specific term that applies to virtually all MLMs is they are illegal pyramid schemes, and many of those are RICO frauds, owing to the tool scams they operate. I was answering the question in the context of the question, and I consider Ponzi schemes, illegal pyramids, and RICO fraud as subsets of the more generalized term, scam. Now that we have those definitions clarified, what are we going to DO about it?

How about we create a list of the Flexkom USA Promoters and when appropriate, make the viewers of this site aware of their past business affiliations and in some cases, prison sentences. Members of this board have tried to educate the Flexkom Promoters about legal issues of the Flexkom model and marketing practices.

We pointed out obvious issues with their "pay to play" marketing plan. We showed their APP and POS system has never been proven and why it will probably NEVER work in the mainstream.

They left this board with their tales tucked between their legs, and for good reason. They cannot defend the Flexkom method of doing business.

It is time the members of this board step up our efforts to educate the general public on the potential RISKS (in my opinion) associated with being part of this company.

Textex
04-02-2014, 12:11 PM
I think that's a great start. I suggest we also find ways to get the word out beyond this site.

Joe_Shmoe
04-02-2014, 01:30 PM
Brian McGinty of, Banners Broker Ponzi scheme, Empower Network, Beepxtra, isn't going to to let his experience with FlexKom stop him pimping Pyramid schemes

7359


Karatbars Live Webinar Presentations (http://www.karatbarspresentation.com)

NikSam
04-02-2014, 02:27 PM
Brian McGinty of, Banners Broker Ponzi scheme, Empower Network, Beepxtra, isn't going to to let his experience with FlexKom stop him pimping Pyramid schemes

7359


Karatbars Live Webinar Presentations (http://www.karatbarspresentation.com)

I think they did not get a memo that Quebec, Canada declared Karatbars illegal investment scheme.
Warning - Karatbars investment program (http://www.lautorite.qc.ca/en/press-releases-2014-corpo.html_2014_alert-karatbars.html)

NikSam
04-02-2014, 04:24 PM
for the future, if someone wants to find the pimp:




Domain Name: KARATBARSPRESENTATION.COM
Registrar: GoDaddy.com, LLC

Registrant Name: Brian McGinty
Registrant Organization:
Registrant Street: apt 777 Vale Do Lobo
Registrant City: Almancil
Registrant State/Province: Loule
Registrant Postal Code: 8135 034
Registrant Country: Portugal
Registrant Phone: +351.918188396
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: admin@algarveauctions.com

NikSam
04-03-2014, 04:22 AM
Maybe we are wrong by pointing at inactivity of law enforcements...

Online scams explosion of the last 10 years might greatly contribute to some global changes of laws...
No nice Cease and Desist letters, no polite letters to appear at court but busting the doors open and putting a machine gun into the scammers mouth while handcuffing , is what awaits them in future if things will continue to go the way they are.

Scams contribute themselves greatly to their own demise.

While all perpetrators (money movers, hosting companies, service providers) , even some respected names, will do nothing to stop servicing an obvious scam and never getting punished for that, scams will only grow under current polite legal treatment of these scams.


Spreading the awareness is most important while law cannot catch up...

Nigerian letter scams almost stopped working not because some scammers were busted but because most people know what it is when they see it in their mailbox.

ribshaw
04-03-2014, 09:20 AM
Spreading the awareness is most important while law cannot catch up...

Nigerian letter scams almost stopped working not because some scammers were busted but because most people know what it is when they see it in their mailbox.

Wholeheartedly agree that education and awareness are the best offense and defense. Even if a scammer is brought to justice, there no scammer pension plan that can be garnished to get the money back. For victims the money most likely will be lost forever. Its one thing to screw up and go broke at 20 or 30, but a good number of these victims are on the other side of 60 or 70 and have almost no chance to make it back.

Any dent that has been made is certainly by the people who have taken time to educate and warn others. How much that is I don't really know as billions seem to flow right to the pockets of scammers. Even here, how many people show up and argue with what can almost be considered a script why something is the real deal?

Char
04-03-2014, 09:26 AM
While all perpetrators (money movers, hosting companies, service providers) , even some respected names, will do nothing to stop servicing an obvious scam and never getting punished for that, scams will only grow under current polite legal treatment of these scams.


Spreading the awareness is most important while law cannot catch up...

Nigerian letter scams almost stopped working not because some scammers were busted but because most people know what it is when they see it in their mailbox.

Exactly. That's why I personally lean toward focusing on individuals and their previous acts.

I've stated before that I believe scammers want discussion on their product, good and even bad, because it appears to legitimize the product by creating debate. I realize some discussion is necessary to debunk it, but that should not be the focus.

I look at it like buying a stereo from a guy wearing an orange jumpsuit with numbers on the back. We COULD discuss the quality of the alleged stereo in the sealed box, OR look at the guy who is trying to sell it.

Everyone can make a mistake ONCE, after that, they know MLM is not a money maker in the traditional sense of selling product. They then become a scammer or at best a liar.

Its the MLM "system" that can't work, ETHICALLY THAT IS, and not all the different products.....PERIOD. Again, Please read Pink Truth (http://www.pinktruth.com)

Back to Flexkom. I've posted numerous "who is" posts about repeat offenders. These people need to be outed. It is NOT an accolade to be a "successful network marketer". Why don't people get that?

Stewart
04-03-2014, 12:29 PM
Exactly. That's why I personally lean toward focusing on individuals and their previous acts.
...
I look at it like buying a stereo from a guy wearing an orange jumpsuit with numbers on the back. We COULD discuss the quality of the alleged stereo in the sealed box, OR look at the guy who is trying to sell it.


It's very difficult to judge personal qualities based on reports on the internet, or even from traditional media.
There are such things as smear campaigns. There's such a thing as "crowd opinion" or "mob-style" justice.

Even factual data about criminal convictions or court findings are only clues, not 100% certainties.


Its the MLM "system" that can't work ...

Now this is more like it - where I think the education should be.

When a friend explained the concept of FlexKom to me, before he had even mentioned the word "FlexKom", before I had even looked anything up on the net, or had emailed EBCON or phoned Germany regarding that other "authentication", before any of that, all I had going through my head was "stay away".

The education has to do with basic economics. Economics so basic they should teach it in primary school.

For any business or economic activity to be a success, it MUST produce, create or supply something that somebody genuinely NEEDS or WANTS, that wasn't there before. If it cannot do that, then it will fail, and anything else on top is just fluff, smoke, mirrors, PR, advertising, sales pitch, etc

So to evaluate any given business you have to ask 2 questions:
1) What is produced, created or supplied?
2) Who wants or needs it?

If you can't answer these questions without getting complicated, then stay away.
If it's not obvious who benefits and who pays, and why, then stay away.
If to answer these questions you need "enough people on board", then stay away.
If any part of the "wants or needs" appears to be circular - meaning "you want it because others will want it", then stay away.
If any part of the transaction involves a "false currency" - such as FlexMoney, or an eWallet, then stay away.
If any part involves some kind of lock-in or long subscription which it's not easy to get out of, then stay away.
If any part of it seems to involve some kind of arbitrary delay - such as waiting for something to "mature" or "it has to be ready before phase 2 starts", then stay away.
If the company or group you're giving money to are ephemeral in any way at all, such as multiple companies with similar names when you look in Companies House (you do look at Companies House, don't you?), such as correspondence going to a PO Box, such as being unable to visit the actual offices of the people involved, then stay away.

If it involves something dazzling you with new technology, then find an old technology analogy to compare it with, and see if that is understandable. New technology isn't some kind of magical wealth machine. Basic economics has been with us since the stone age.

With FlexKom I couldn't get past question 1).
It splits into 2 further questions:
1a) WHAT is produced, created or supplied?
1b) HOW is it produced, created or supplied?

The "what" for FlexKom (assuming nothing but their own sales pitch for now) is:
They produce price discounts & cashback for consumers, and advertising channels & cashback for retailers.
Hmm, advertising is a valid business, so that part is believable, and might even work (like a "Yellow Pages" phone app?)

But creating discounts & cashbacks? Why wouldn't a shop do this by themselves anyway? It's easy for a shop to discount a price, and they don't need someone else to do it for them. Sure sometimes a discount is offered when a retailer puts an advert somewhere, but that's his choice, and there's certainly no lock-in or subscription.

So now we're curious. Why would this discount thing be there? That's a negative to the retailers, surely?
Well, comes the answer, that's how you attract the customers to the app. "Everyone likes cashback!"
So now we know that the system doesn't have a customer base already - it's like advertising in a magazine that has zero circulation. You wouldn't do it.
So (to continue the analogy) we boost the circulation by offering cashback to anyone who has the magazine through their door, and then circulation will be way up there!

Now we can understand the bare economics of it. Instead of a punter buying a magazine that he wants which also supports its business model through advertising revenue (for example, [I]I Love Railways Weekly)
We have a magazine which pays the end consumer to have it, and also which apparently pays retailers for promoting the magazine.

And where will all these payments eventually come from? Where will all this money come from? What kind of magazine pays people to read it?
Just think of your local town rag. In my town the circulation might be 30,000. If you paid everyone a penny each, that's a £300 expense.

The apparent answer is: "the cashback money comes from all the economic activity which our product inspires".
Ignoring arguments about how much economic activity cashbacks actually do inspire, I still feel hollow about this question, what does FlexKom actually add? What value have they actually injected into the system?
Ignore the apps. Ignore the POS terminals. They're just fancy mechanisms for doing things that can already be done: forwarding an advert, and recording a sale + discount.

What do they add that wasn't there before? What do they add that a consumer or retailer needs?
If it has genuine value, FlexKom should expect to get paid, and consumer and/or retailer would be willing to, because it has value.

But somehow:
- FlexKom still take their cut
- the consumer gets his cashback
- the retailer gets his cashback

Where is all this money coming from?
Someone has to pay?!
Who is going to pay?

It comes from the consumer spending money with the retailer. But that's economic activity that is already happening, and all it does is squeeze the retailer's margins.
FlexKom didn't create that. They claim they did. Or they claim it will when it all "takes off".

As I've said before in this thread, any 3rd party involved in an economic transaction is either a leach, or a value injector.

Char
04-03-2014, 04:43 PM
@stewart

I think how to "spot" a scam and how to "prove" a scam do indeed have different criteria. Since proving one in court is such a lengthy process, and that's if it gets there, I think spotting one will save me my money and hopefully others.

The first thing I look at is "who" then "what". It's interesting because the two always compliment each other. I just see it as a short cut because some of these scam products are very cleverly disguised like Flexkom. They take a while to understand completely, then by that time, it's too late. All by design of course.

Identifying serial scammers has given me a 100% success rate in picking scams. Lol, that's not saying much because it's really easy after you know what to look for. Also, I've never come across an MLM that works in the way it's presented. Yes I think ALL MLMs are scams because of this fact. I use "scam" as an umbrella term because there are different kinds - Discussed a few posts back.

I'd also add that even when there is a product that someone needs like soap from Amway, that theory about identifying a need for a product etc. might be unreliable. In a normal business, yes, but not in the recruiting pyramid scheme mlm business. Here again we go back to the system - A system that can't work.

Here's a very good read for people considering MLM What's Wrong With Multi-Level Marketing? (http://www.vandruff.com/mlm.html)

Stewart, I'm mostly agreeing with what you posted but just explaining my approach:)

Stewart
04-03-2014, 06:10 PM
... I think ALL MLMs are scams because of this fact. I use "scam" as an umbrella term because there are different kinds - Discussed a few posts back.
... Here again we go back to the system - A system that can't work.


For me there's always been one other reason to stay clear of any kind of MLM. I've not much discussed it here or elsewhere because it's an opinion type thing, rather than a factual argument. It's a question of taste.

I've always thought of MLM's that on a personal level, they would lose you your real friends, whilst making you fake friends out of others.

In other words, it would go like this:
You get into an MLM which sells widgets. You start talking to all your friends about widgets. Prior to that you were friends for whatever reason. Maybe you both like motorbikes. Maybe you were in the war together. Maybe you got the same taste in music. Maybe you like to talk politics.
But now you're talking to them about widgets. They may tolerate this for a little while. They may express some opinion or other, or stay quiet. But eventually, if you don't STFU they're won't be calling you to the next barbecue.
Meanwhile, you accumulate a lot of "friends" who do get interested in these widgets, when you sales-pitch them.

For me, friends are the people you call when you marriage hits a rough patch, or when your son gets into drugs at school, or when you get hit by an uninsured driver, or you need to organise some all-day childcare with someone you trust, etc.
And you're there for the reverse flow to them when they need something.

Why would you pollute that for sake of widgets?
And if there's even a 0.1% chance of a scam, I couldn't take the risk - I wouldn't sleep thinking that I might have scammed through ignorance someone who had been a friend.

Textex
04-04-2014, 10:11 AM
Wholeheartedly agree that education and awareness are the best offense and defense. Even if a scammer is brought to justice, there no scammer pension plan that can be garnished to get the money back. For victims the money most likely will be lost forever. Its one thing to screw up and go broke at 20 or 30, but a good number of these victims are on the other side of 60 or 70 and have almost no chance to make it back.

Any dent that has been made is certainly by the people who have taken time to educate and warn others. How much that is I don't really know as billions seem to flow right to the pockets of scammers. Even here, how many people show up and argue with what can almost be considered a script why something is the real deal?While education helps, these scams are often very sophisticated, and most people will still get scammed. Therefore law enforcement needs to go after them HARD, in order to make them think twice about starting a new one.

Scamtracker-Jaap
04-07-2014, 08:10 AM
"How about we create a list of the Flexkom USA Promoters and when appropriate, make the viewers of this site aware of their past business affiliations and in some cases, prison sentences?"

I think that is a great idea. On it should figure for certain Russell Longcore and Micah Theard. Any other candidates? Were these two involved in any earlier MLM schemes/scams? They pretend not to be, and only to show that they were would considerably weaken their position.

littleroundman
04-07-2014, 10:23 AM
http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/micah_zps1a5f3db5.jpg

Micah Theards' micah.theard Flexkom (https://www.facebook.com/micah.theard) page on Facebook

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/russell_zps02c2e825.jpg

Russell D Longcores' russell.longcore page on Facebook (https://www.facebook.com/russell.longcore?fref=ufi)

littleroundman
04-07-2014, 10:37 AM
http://imageshack.com/a/img713/1790/tkid.jpg

Micah Theard @micahtheard on Twitter (https://twitter.com/micahtheard)

littleroundman
04-07-2014, 10:42 AM
http://www.youtube.com/watch?feature=player_detailpage&v=m23_0QiTTX8


higher conversion rate


http://i1.ytimg.com/i/7NjY8yoxKJZBNfUrOYlt_Q/1.jpg?v=4fc532bd (http://www.youtube.com/user/HomeBasedMogul)HomeBasedMogul (http://www.youtube.com/user/HomeBasedMogul)·3 videos (http://www.youtube.com/user/HomeBasedMogul/videos)

Micah Theard is HomeBasedMogul

littleroundman
04-07-2014, 10:49 AM
http://imageshack.com/a/img837/6892/x9p3.jpg

Micah Theard @homebasedmogul on Twitter (https://twitter.com/homebasedmogul)

Char
04-08-2014, 04:30 PM
What page is this in the Ponzi play book? I forgot.

Flexkom Updates | Flexkom (http://thefutureofbusinessintheuk.com/flexkom-updates/)

A Message From Ian Driscoll, April 1st, 2014

"Well where do I really start?! There was so much information from the 3 day meeting I attended in Munich. After Askers UK meetings and the KTM concept we are now awaiting confirmation of the delivery for them. We all agree that it is regretful that it has taken the time it has to get to the point of POS completion, but it is often said “Good things come to those who wait ” and that will surely be the case with Flexkom.

Until the 31st of May there is a UK promotional deal which is that if any existing GTM or New GTM registers just 5 new GTM’s by the 31st May they will achieve the rank of Sales Manager and be accredited also with the position of Regional Coordinator. So if you really want to get your people off to a brilliant start and €1,000 on top then this is an excellent incentive!! This is the BEST time ever to invite people to Flexkom with a fully operational system and this very special offer. So arrange your diary to do one on ones or any size of meetings, and lets ramp up the UK Team in April. As Flexkom have said there will be a price increase and a much improved way forward from May 1st.*

Cengiz has a strong vision as to how Flexkom will develop over the next few months and years and with his leadership we are sure to succeed. He attended a business meeting and had a conversation with Richard Branson, realized they had many things in common, and that has really enthused him!

There will be the launch of the Italian market in Rimini on the 11th May so be sure that if you know people in Italy you contact them.

I am happy to do meetings around the UK for New Prospects and am doing a training & meeting in Bristol on Thursday 3rd of May.

We have a plan going forward and our own Flexkom Smart Phone that will be available on the 3th January in Las Vegas. We wanted to book a venue for 30,000 people but there are none available so a Venue has been booked with a capacity of 18,000, so the Las Vegas event will sell out quickly. I would hope that we have a good amount of British people that will go over and attend as it will be in your interest to be there on such a historic day for Flexkom.*

We will soon have a back office area where we will be able to purchase Flexkom items, and the Ticket, Ticket Hotel options will also be available.*

Savas has put together some more Promo materials etc

Sven has done some Academy videos. We will have Training Modules and first steps for new GTM’s soon.

The VideoMailing system is fully operational and FK just need to make it look better so again that is just around the corner.

As I said before if anyone wants to be on a 5 person UK Advisory board please e-mail board@tiscali.me.uk. *Thanks to the people that have already replied as again we can then have regional levels on from that.

Well I have covered where things are right now so lets all get Flexing! Ian.*"

Char
04-08-2014, 05:00 PM
"As many regional coordinators as we can" starting at 4:20.


http://www.youtube.com/watch?v=meDsY9HQErA

Whip
04-08-2014, 06:28 PM
What page is this in the Ponzi play book? I forgot.

Flexkom Updates | Flexkom (http://thefutureofbusinessintheuk.com/flexkom-updates/)

A Message From Ian Driscoll, April 1st, 2014

"Well where do I really start?! There was so much information from the 3 day meeting I attended in Munich. After Askers UK meetings and the KTM concept we are now awaiting confirmation of the delivery for them. We all agree that it is regretful that it has taken the time it has to get to the point of POS completion, but it is often said “Good things come to those who wait ” and that will surely be the case with Flexkom.

Until the 31st of May there is a UK promotional deal which is that if any existing GTM or New GTM registers just 5 new GTM’s by the 31st May they will achieve the rank of Sales Manager and be accredited also with the position of Regional Coordinator. So if you really want to get your people off to a brilliant start and €1,000 on top then this is an excellent incentive!! This is the BEST time ever to invite people to Flexkom with a fully operational system and this very special offer. So arrange your diary to do one on ones or any size of meetings, and lets ramp up the UK Team in April. As Flexkom have said there will be a price increase and a much improved way forward from May 1st.*

Cengiz has a strong vision as to how Flexkom will develop over the next few months and years and with his leadership we are sure to succeed. He attended a business meeting and had a conversation with Richard Branson, realized they had many things in common, and that has really enthused him!

There will be the launch of the Italian market in Rimini on the 11th May so be sure that if you know people in Italy you contact them.

I am happy to do meetings around the UK for New Prospects and am doing a training & meeting in Bristol on Thursday 3rd of May.

We have a plan going forward and our own Flexkom Smart Phone that will be available on the 3th January in Las Vegas. We wanted to book a venue for 30,000 people but there are none available so a Venue has been booked with a capacity of 18,000, so the Las Vegas event will sell out quickly. I would hope that we have a good amount of British people that will go over and attend as it will be in your interest to be there on such a historic day for Flexkom.*

We will soon have a back office area where we will be able to purchase Flexkom items, and the Ticket, Ticket Hotel options will also be available.*

Savas has put together some more Promo materials etc

Sven has done some Academy videos. We will have Training Modules and first steps for new GTM’s soon.

The VideoMailing system is fully operational and FK just need to make it look better so again that is just around the corner.

As I said before if anyone wants to be on a 5 person UK Advisory board please e-mail board@tiscali.me.uk. *Thanks to the people that have already replied as again we can then have regional levels on from that.

Well I have covered where things are right now so lets all get Flexing! Ian.*"


I'm pretty sure I read this in an ACN thread years ago.

Char
04-09-2014, 05:59 PM
:RpS_lol::RpS_lol::RpS_lol:Coming soon FK version 3.0

EagleOne
04-09-2014, 06:07 PM
I wonder if Chris Smith will sue them for copyright violation of v3.0?

Scamtracker-Jaap
04-10-2014, 10:28 AM
I have exiting news. In the Netherlands phase 3 has indeed started. Since last Friday (4 april) at least two Flexkom sales teams (probably more) are roaming the country trying to snare shopkeepers. The whole thing is in secret, no public announcement has been made by Flexkom. But we get inside reports that they have zero success. The first thing a shopkeeper does when the sales team leaves is to google Flexkom. Then they find very little info. Nothing in the media, nothing on independant sites, nothing even on Flexkom's own site. All they find is the anti-scamming info that this page and especially wouterhol.nl provides. Then they come to a fast conclusion: The whole thing smells! It smells like fraud and scam. Next thing they do is cancel the follow-up appointment and vote with their feet. So phase 3 indeed appears to be the final demasqué for Flexkom.
Flexkom agents think the wouterhol blog is to blame for this. Now they are collecting money among themselves to try to shut up wouterhol.nl by suing him. So they are trying to shoot the messenger. How pathetic, how naïve. Even if they manage to sue the blog, it will result in publicity, wich will kill Flexkom entirely.

littleroundman
04-10-2014, 10:46 AM
Even if they manage to sue the blog, it will result in publicity, wich will kill Flexkom entirely.

Shhhhh, don't warn them and perhaps they'll be stupid enough to go through with their threats.

Can you imagine the fun bloggers would have giving them all the publicity they and Flexkom deserve.

Scamtracker-Jaap
04-10-2014, 11:05 AM
"Can you imagine the fun bloggers would have giving them all the publicity they and Flexkom deserve"

Yes, that is true. Wouter Hol has even placed a message on the Flexkom FB site two months ago, where he openly challenged Flexkom to finally redeem their promise of suing him. That was very funny. The FK management is probably too smart to really sue Wouter Hol or any of the other blogs/sites, but this is an initiative of the GTM's themselves. It is interesting, maybe the topdogs will go as far as to prohibit them from suing wouterhol.nl

Joe_Shmoe
04-10-2014, 12:08 PM
"Can you imagine the fun bloggers would have giving them all the publicity they and Flexkom deserve"

Yes the Streisand effect will kick in.

http://en.wikipedia.org/wiki/Streisand_effect (http://en.wikipedia.org/wiki/Streisand_effect)

Scamtracker-Jaap
04-10-2014, 04:34 PM
https://www.facebook.com/Flexkom.global/photos/a.159750504157175.36727.159727030826189/353314311467459/?type=1&theater

Notice the last two comments on this item from the FK facebook page where they announce that they have contracted Baker & McKenzie as their lawyers.... Wich is probably just another lie.

EagleOne
04-10-2014, 04:45 PM
https://www.facebook.com/Flexkom.global/photos/a.159750504157175.36727.159727030826189/353314311467459/?type=1&theater

Notice the last two comments on this item from the FK facebook page where they announce that they have contracted Baker & McKenzie as their lawyers....

Let me see how quickly you pick up on what is wrong with their announcement, and I quote:

FlexKom International Holding is proud to announce our new Legal Attorney Firm, Baker&McKenzie. The well known renounced international Law Firm will be coordinating all Legal Rights and Laws for the international expansion schemes of FlexKom International Holding AG.

If I had been drinking my glass of ice tea I would have ruined a perfectly good keyboard and monitor. I also have to wonder if the law firm was thrilled with this announcement by FK. :RpS_lol: :RpS_lol: :RpS_lol:

Whip
04-10-2014, 05:23 PM
damn that's funny.

Char
04-10-2014, 05:46 PM
Let me see how quickly you pick up on what is wrong with their announcement, and I quote:

FlexKom International Holding is proud to announce our new Legal Attorney Firm, Baker&McKenzie. The well known renounced international Law Firm will be coordinating all Legal Rights and Laws for the international expansion schemes of FlexKom International Holding AG.

If I had been drinking my glass of ice tea I would have ruined a perfectly good keyboard and monitor. I also have to wonder if the law firm was thrilled with this announcement by FK. :RpS_lol: :RpS_lol: :RpS_lol:

Well, I guess if it is well known that they have been renounced as a law firm internationally, they better figure out a way to maintain their lifestyle. Makes sense they are looking for work coordinating and expanding legal rights for the scheme of Flexkom International.

Some expansion suggestions regarding rights as they must need the help considering the above:

You have the right to remain silent.....and still. You have the right to an attorney....or two or three. Anything you say.....or your downline says....can be used against you in a court of law.

EagleOne
04-10-2014, 07:00 PM
It was refreshing to see them admit they are a Ponzi though. No naysayers required.

Stewart
04-11-2014, 07:13 AM
... The first thing a shopkeeper does when the sales team leaves is to google Flexkom. Then they find very little info. Nothing in the media, nothing on independant sites, nothing even on Flexkom's own site. All they find is the anti-scamming info that this page and especially wouterhol.nl provides. ...
Flexkom agents think the wouterhol blog is to blame for this. Now they are collecting money among themselves to try to shut up wouterhol.nl by suing him. ...

During the summer / autumn of 2013, when I first heard about FlexKom from a friend, I noticed a very interesting tactic on the part of FlexKom, which I thought was actually quite clever:

All these "entrepreneurs" who had signed up were gearing up to take their area "by storm". They were "building teams" and probably believed that they would be visiting every retail outlet within a given geography.

There was something else they were doing ... building websites.

Each "franchisee" was putting online their own website, with their own domain name or URL, which was typically a creative variant on "flexkom.com".

The result, at that time, was that if you Google'd FlexKom, you got page after page after page of these websites saying "We're team building. Sign up with me today!"

I should have taken a screenshot to post. The result was that blogs, critical sites & forums such as this were pushed down the search results, and were buried in the overwhelm of "sign up sites".

All in all, a clever SEO tactic which worked for many months.

Here are some examples:
www.flexkomleaders.org/
www.flexkom-international.com/
www.flexkominfo.com/
www.flexkomcentral.com/
www.joinflexkom.co.uk/
www.flexkomireland.com/
flexkomreview.org/
www.flexkom.org/
www.thisisflexkom.com/
www.flexkomuk.com/
www.flexkomfranchise.nl/
www.teamflexkom.com/

Scamtracker-Jaap
04-11-2014, 08:21 AM
Yes quite clever maybe, although I thought that every MLM more or less does this. But it is telling that of those 12 sites only two are still active. The other ten are gone with the wind.

Stewart
04-11-2014, 08:49 AM
Yes quite clever maybe, although I thought that every MLM more or less does this. But it is telling that of those 12 sites only two are still active. The other ten are gone with the wind.

It is telling, although I found 3 of those 12 working.

Having said that, I think new ones are popping up ...
flexkom365.com
www.flexkom.com.tr (http://www.flexkom.com.tr)
www.flexkomsystem.com (http://www.flexkomsystem.com)
www.flexkom.dk (http://www.flexkom.dk)
www.flexkomhomebusiness.com (http://www.flexkomhomebusiness.com)
www.flexkomsrbija.com (http://www.flexkomsrbija.com)
thefutureofbusinessuk.com
flexkomhub.com
flexkomfranchise.biz

There were literally hundreds at one point. Each one hoping to become your upline.

ribshaw
04-11-2014, 09:31 AM
There were literally hundreds at one point. Each one hoping to become your upline.

A consumer could with 99.9%(I made that number up, but it is high) accuracy follow a rule that if they find a similar website dynamic with any company they are at best dealing with a recruiting gimmick, and almost certainly a full blown scam.

All the shenanigans aside of the "faux review"; IS X A SCAM, why no dear reader I am a professional internet marketer and you can trust my judgement. WHY on earth would ANY company looking to be taken seriously even consider this method of marketing? Honest companies want to be at the top of searches so customers and would be customers can easily reach out to them.

I can just imagine the response from small business owners working 70-80 hours a week keeping the shop up and running finding 100 Flexkom websites to wade through. All trying to sell Flexkom affiliate programs, claiming Nooo this isn't a scam. But not one damn site listing participating merchants, number of users in their area, professionals handling the IT, NADA.

MLM Broken Model
04-11-2014, 11:06 AM
@ ribshaw - Excellent Point on what is basically the "800 pound gorilla in the room" Flexkom International is now 4 years old. They are still selling the future because the results from the past are just pathetic. Where are the customers who are benefiting from this service? All of the so-called leaders in Flexkom USA
continue to hype the future. They run contests that reward current Investors to bring in more Investors. It is similar to the Pay-Phone scams from the past, right? And, we all know how that turned out.

The obvious question: When will the regulators investigate Flexkom USA?

littleroundman
04-11-2014, 11:21 AM
reward current Investors to bring in more Investors. It is similar to the Pay-Phone scams from the past, right? And, we all know how that turned out.

The obvious question: When will the regulators investigate Flexkom USA?

In the grand scale of things, Flexkom is a relatively small scale fraud, especially in the US.

My guess would be the number of "real" member / victims is a lot less than Flexkom would have us believe and what we are seeing is more than likely the product of a handful of very active promoters, rather than any large scale penetration of the US and European markets.

ribshaw
04-11-2014, 12:03 PM
The obvious question: When will the regulators investigate Flexkom USA?

I have no idea when or if they will which does create a problem inherit to a lot of scams. I believe it was repeated here from other blogs, that the authorities would have shut us down if this was not legit. So the inaction becomes a recruiting tool.

People may get some traction when a seminar comes to town getting their local attorney general to stop by and sniff around. It seems that is where a lot of these actions start ala Russ Whitney, Wade Cook, et. al., but some two bit players have been operating on the seminar circuit for years. Isn't one of the state leaders not too long out of the pokey for running a similar money game?

People certainly have enough information to know what this is about and where their money will end up. As for the law fingers crossed, but there are so many variations of this scam being peddled it is hard to tell who gets roshamboed by Lady Justice.

EagleOne
04-11-2014, 12:58 PM
Poor UncleFesta has his knickers all in a knot because of this comment of mine, and I quote:

"It was refreshing to see them admit they are a Ponzi though. No naysayers required."

It seems his train of thought left him and he ran around searching and searching and could not find where FlexKom said they were a Ponzi. It bothered him so much he wanted to enlist the services of Okosh to do his search for him.

So in the good of untying Festa's knickers that are in a knot, let me save you from all that searching. I was being facetious about the statement released by FlexKom which said, and I quote:

"FlexKom International Holding is proud to announce our new Legal Attorney Firm, Baker&McKenzie. The well known renounced international Law Firm will be coordinating all Legal Rights and Laws for the international expansion schemes of FlexKom International Holding AG."

Now for anyone with an IQ above a potted plant, they would have understood following the progression of posts that I was making fun of their claim "International expansion SCHEMES." Good grief, get a life.

Oh, I went to the movies a few days ago. Do you need Okosh to search for that info too since it is beyond your abilities?

okosh
04-11-2014, 05:15 PM
Poor UncleFesta has his knickers all in a knot because of this comment of mine, and I quote:

"It was refreshing to see them admit they are a Ponzi though. No naysayers required."

It seems his train of thought left him and he ran around searching and searching and could not find where FlexKom said they were a Ponzi. It bothered him so much he wanted to enlist the services of Okosh to do his search for him.

So in the good of untying Festa's knickers that are in a knot, let me save you from all that searching. I was being facetious about the statement released by FlexKom which said, and I quote:

"FlexKom International Holding is proud to announce our new Legal Attorney Firm, Baker&McKenzie. The well known renounced international Law Firm will be coordinating all Legal Rights and Laws for the international expansion schemes of FlexKom International Holding AG."

Now for anyone with an IQ above a potted plant, they would have understood following the progression of posts that I was making fun of their claim "International expansion SCHEMES." Good grief, get a life.

Oh, I went to the movies a few days ago. Do you need Okosh to search for that info too since it is beyond your abilities?

Seriously????.....I could have played with him all weekend over this......Now what am I supposed to do for fun????? :duh:

Whip
04-11-2014, 07:22 PM
poor unky fecal......fell in **** yet again. he really needs to stop drinking at the Blue Oyster

baylee
04-11-2014, 09:52 PM
poor unky fecal......fell in **** yet again. he really needs to stop drinking at the Blue Oyster

LOL, yes indeed

EagleOne
04-12-2014, 12:37 AM
Seriously????.....I could have played with him all weekend over this......Now what am I supposed to do for fun????? :duh:

Come on, you can't always have all the fun. Besides you still can. I doubt if he believes me, so he will say I am lying about saying they said they were a Ponzi and this is my pathetic attempt to weasel out of it; or some such nonsense. Believe me will have to make something of it, as it is all he knows how to do. Kind of demented that his whole existence revolves around what I say and what it means.

Char
04-13-2014, 08:48 AM
In the grand scale of things, Flexkom is a relatively small scale fraud, especially in the US.

My guess would be the number of "real" member / victims is a lot less than Flexkom would have us believe and what we are seeing is more than likely the product of a handful of very active promoters, rather than any large scale penetration of the US and European markets.

Probably all true LRM. The unfortunate thing is $3200 a pop will add up nicely for flexkom even without masses of people.

Char
04-13-2014, 09:12 AM
Come on, you can't always have all the fun. Besides you still can. I doubt if he believes me, so he will say I am lying about saying they said they were a Ponzi and this is my pathetic attempt to weasel out of it; or some such nonsense. Believe me will have to make something of it, as it is all he knows how to do. Kind of demented that his whole existence revolves around what I say and what it means.

Gosh I hope people didn't take my stupid post seriously about "renouncing", "schemes", and "expansion" on being read your rights extended version.

Silly me they must have meant denounced not renounced, and reviewing legal rights involving a "scam" not "scheme" or was it Ponzi. I'm so confused!!! Pity for Baker and McKensie though, they used to be a "renowned" law firm.

littleroundman
04-13-2014, 09:49 AM
Probably all true LRM. The unfortunate thing is $3200 a pop will add up nicely for flexkom even without masses of people.

I have faith most people will see past the smoke and mirrors, especially at $3200 a shot.

Apparently my faith is well founded, in the UK at least:

https://imagizer.imageshack.us/v2/591x485q90/850/ui85.jpg

Flexkom UK sales managers wanted (http://www.ukclassifieds.co.uk/flexkom_franchisees_sales_managers_wanted-o2280274.html)

now points to:

http://imageshack.com/a/img850/3443/sqvu.jpg

Parked Flexkom UK domain (http://www.hugedomains.com/domain_profile.cfm?d=flexkomuk&e=com)

And, just who is the mysterious "Brian" behind the dead Flexkom UK site ??

https://imagizer.imageshack.us/v2/701x204q90/854/m3ed.jpg

Brian McGintys' Pure Leverage.com (http://www.pureleverage.com/premierteam/category/marketingtips/page/2/)

Meanwhile, Brian McGinty is out there recruiting for yet another get-rich-quick scheme, BeepExtra, this time in Ireland.

https://imagizer.imageshack.us/v2/606x498q90/855/akdv.jpg

Brian McGintys' recruitment spiel on Gumtree.com (http://www.gumtree.com/p/jobs/sales-agents-needed-across-northern-ireland/1048383930)

Char
04-13-2014, 10:39 AM
What is the hourly wage or starting salary w Beepxtra? Per the ad for serious applicants seeking immediate positions.

What the heck is an "honorary global sales consultant"? Is this a paying position?

Seriously!!!

littleroundman
04-13-2014, 10:51 AM
What is the hourly wage or starting salary w Beepxtra? Per the ad for serious applicants seeking immediate positions.

What the heck is an "honorary global sales consultant"? Is this a paying position?

Seriously!!!

Beepextra (which, by the way is in the "closed, inactive, and offline programs" section of the MMG HYIP ponzi forum) was a Lyoness / Flexkom clone:


This is 100% FREE to join as a distributor/agent and always will be.

Retail outlets sign up FREE also. They just have to make a one off payment for the Beepextra POS equipment. All marketing materials and cards are supplied free to the merchants.

Each agent has 5 invitations to send out at one time with a 12 hour expiry on them, which is similar in concept to Rippln.

Whip
04-13-2014, 11:22 AM
What is the hourly wage or starting salary w Beepxtra? Per the ad for serious applicants seeking immediate positions.

What the heck is an "honorary global sales consultant"? Is this a paying position?

Seriously!!!

lol. it's as bad as 'founders' positions.

Stewart
04-14-2014, 04:59 AM
Probably all true LRM. The unfortunate thing is $3200 a pop will add up nicely for flexkom even without masses of people.

I believe, based upon my experience with a tax-based scam in 2009, as well as this one, that this is one of the standard tactics for anyone involved in fraud:
- If you take a large amount from 1 or 2 people, they will come after you.
- If you take a small amount from many, many people, eventually enough word will get round, it will get into the "Money Matters" pages of newspapers, etc, and you'll lose out through being too well known.
- So take a middling amount from a middling number of people, say between £1,000 and £20,000, from say about 1,000 - 20,000 people.

In fighting my fraud case in 2009, many people who were defrauded dropped out of the "legal challenge" group because the solicitors fees and costs were mounting up. If you've been defrauded of £500, you're not going to spend over £1,000 to take them to court.

People were dropping out even when they'd lost > £10,000, because of the prospect of a lengthy drawn out legal battle, for which they didn't have the stomach. This made it all the more harder for those who were willing to pool their funds to make it happen.

The police took a similar line. They said that a forensic accountant can cost over £50,000, and they'd rather spend that police money on a rape or murder case.

littleroundman
04-14-2014, 06:12 AM
I believe, based upon my experience with a tax-based scam in 2009, as well as this one, that this is one of the standard tactics for anyone involved in fraud:
- If you take a large amount from 1 or 2 people, they will come after you.
- If you take a small amount from many, many people, eventually enough word will get round, it will get into the "Money Matters" pages of newspapers, etc, and you'll lose out through being too well known.
- So take a middling amount from a middling number of people, say between £1,000 and £20,000, from say about 1,000 - 20,000 people.

In fighting my fraud case in 2009, many people who were defrauded dropped out of the "legal challenge" group because the solicitors fees and costs were mounting up. If you've been defrauded of £500, you're not going to spend over £1,000 to take them to court.

People were dropping out even when they'd lost > £10,000, because of the prospect of a lengthy drawn out legal battle, for which they didn't have the stomach. This made it all the more harder for those who were willing to pool their funds to make it happen.

The police took a similar line. They said that a forensic accountant can cost over £50,000, and they'd rather spend that police money on a rape or murder case.

A sad, but true analysis of the realities of modern day 'net fraud, Stewart.

Char
04-16-2014, 05:35 AM
Flexkom Updates | Flexkom (http://thefutureofbusinessintheuk.com/flexkom-updates/)

FLEXKOM UPDATES 13/04/14

A Note From Ian Driscoll:

Hi to all you Flexers.There are plenty of things happening in Flexworld. First to make you all aware, we certainly have a solution to any Merchants that are doing mobile services i.e.Taxi companlies, Take aways, Mobile deliveries of any kind, Online companies etc etc. So if you have any of those type of companies please contact me and I can advise on how that is done for you !!

GO TO SUPPORT: When you log into your back office on the top right corner there is the Support Tab. Click that Tab and you will see the new support centre being set up. There will be lots more information there soon.

Your First Steps and the FAQ are not live yet but the Tutorials ( IN ENGLISH ) is, so there is quite a lot of Tutorials on how to do the basics in there.

We had the first Country Manager Webinar last night and many things were discussed and we organised a complete GLOBAL FIRST for FLEXKOM. After much discussion with Global experts in relation to Flexmoney and the legal regulations, Flexmoney will be backed by GOLD. We will have the choice of Money or Gold and so will the Merchants and the Customers. This calls for changes to the Flexmoney that has already been given and every customer that has Flexmoney will be delighted at what Flexkom are going to do for them. To prove the old adage ” You cant have your cake and eat it ” completely wrong !!

More info will be announced. The GOLD will commence on the 1st July 2014 So all that glitters is Flexkom LoL

If you have any people in Italy please contact them and invite them to the Italian Launch on the 11th of May in Rimini as there will be more announcements there and we can meet with them for you.

FLEXATION

Don`t forget the Global Event on the 3rd January 2015 as this will be a day that will change the world with the launch of the Flexkom Smart Phone in Las Vegas! There are only 18,000 seats available and tickets will be on sale on the 15th May in your back office.

KOBI POINT OF SALE LITERATURE PACK

Every POS unit needs to have the approved Flexkom literature pack to assist in customer generation as per below.
Exciting time are ahead of us all, especially the Global Team Members that have deployed
the terminals in outlets already.
The KTM Terminals will be here in the UK very soon now so we need to be prepared
Keep your diary up to date with appointments, where you need to be and at what time,
this is a business so treat it like one and be professional.
Always remember first impressions count. Be smart, punctual and polite.


GOLD?!!!! I smell a rat. Hint: Beepxtra and Karatbars. We know Karatbars was put on the Canadian warning list. Something fishy going on here - Well aside from Flexkom being a complete and total scam.

littleroundman
04-16-2014, 06:16 AM
It seems Mr Driscoll was infected with the Banners Broker virus during his time with BB.

Everything is "will be"

Just like with Banners Broker, all the good news is that something "will be" happening in the future.

In the meantime, members are expected to continue recruiting on the basis of what "will be" happening someday / one day / July / soon

Whip
04-16-2014, 09:33 AM
we certainly have a solution to any Merchants that are doing mobile services i.e.Taxi companlies, Take aways, Mobile deliveries of any kind, Online companies etc etc.

They're going with Square.com now?

http://img.photobucket.com/albums/v649/Whip412/Capture16_zpseb7bd401.jpg (http://smg.photobucket.com/user/Whip412/media/Capture16_zpseb7bd401.jpg.html)

Stewart
04-17-2014, 03:07 AM
FLEXKOM UPDATES 13/04/14

A Note From Ian Driscoll:

Hi to all you Flexers.... Flexmoney will be backed by GOLD.



It is so obvious to me what's happening here, that I'm wearing a permanent "facepalm".

This is the deliberate introduction of an inability (refusal) to pay.

If you had £12.37 in FlexMoney, and you decided to cash it in, they would be forced (in theory) to send you a cheque. They would have no reasonable, convincing grounds for refusing to do so.

But if they are claiming that payments are made in gold, then at current gold prices they would have to send you 0.4g or 0.0141oz of gold, which is of course completely impractical.

Therefore they are justified in asking you to wait until you have at least £200 FlexMoney, or similar, so that they can send you a 1oz coin.

But if you do the maths, how many people are going to accumulate £200 FlexMoney, ever?

It's the same game as Banners Broker: how many people can you keep "hanging on" (and recruiting others) with false hope, but without actually paying them anything?

freighttrain
04-17-2014, 06:26 AM
It is so obvious to me what's happening here, that I'm wearing a permanent "facepalm".

This is the deliberate introduction of an inability (refusal) to pay.

If you had £12.37 in FlexMoney, and you decided to cash it in, they would be forced (in theory) to send you a cheque. They would have no reasonable, convincing grounds for refusing to do so.

But if they are claiming that payments are made in gold, then at current gold prices they would have to send you 0.4g or 0.0141oz of gold, which is of course completely impractical.

Therefore they are justified in asking you to wait until you have at least £200 FlexMoney, or similar, so that they can send you a 1oz coin.

But if you do the maths, how many people are going to accumulate £200 FlexMoney, ever?

It's the same game as Banners Broker: how many people can you keep "hanging on" (and recruiting others) with false hope, but without actually paying them anything?

You are a bit off. Flexmoney is not a part of the compensation plan. Flexmoney is part of the cover of the actual pyramid scheme that Flexkom is.

Flexkom does pay out his sales reps for recruiting others. That is, if you do not ask too many hard questions. If you do ask them questions, they shut down your account and you will not be paid.

Flexmoney is the currency that consumers would be saving when the Flexkom system would be operational. The sales reps do not receive any Flexmoney for recruiting. They're being paid in dollars/pounds/euro's.
As we all know, the system will not ever be operational. The bullshit from Ian is just to try and keep people thinking that there's still something happening with Flexkom.

Char
04-17-2014, 06:59 AM
^^^As well as migrating in a completely different scam to Flexkomers.

All these cons run together pushing the same games with different names.
Lyndon Farrington, ex-flexkom, now beepxtra (loyalty card reward system) is aligned with Karatbars (a gold scheme)
Brian McGinty promotes Karatbars and beepxtra too. Are we seeing a pattern??

I can see it now:

A GOLDEN OPPORTUNITY will be available to Flexkomers. Why not make two forms of income. Run your flex business through Goldewallet blah blah. Goldewallet is a wonderful opportunity in and of itself. This is how business men in "our caliber" who need to protect their millions maximize and protect their money. Plus according to international laws and to be "compliant", we recommend this.

littleroundman
04-17-2014, 07:07 AM
All these cons run together pushing the same games with different names.

It's referred to as "developing multiple streams of income" on the usual suspect HYIP ponzi forums and is something newbies are encouraged to do.

It's also the way serial HYIP ponzi pimps cover their as*** when newbies inevitably ask why, if the "next big thing" being recommended is so good, why the pimp in question is pushing the "next, next big thing" and the "next, next, next big thing"

Char
04-17-2014, 08:24 AM
While we are not there yet, it might be wise for Flexkom folk to start educating themselves on Karatbars type schemes assuming that's where they are going ( or similar version of) with the mention of gold coming July 1 to Flexkom. Here's a link to get you started: Karatbars are an overpriced way to buy gold (http://www.getbig.com/boards/index.php?topic=476435.0) This site has a believer named 24k explaining the opportunity, and then you have some intelligent people explaining it. Snippets below:



w
avxo
Getbig IV

Gender:
Posts: 3424

I'm about to froth at the mouth!

Re: Karatbars are an overpriced way to buy gold
« Reply #24 on: June 17, 2013, 05:58:37 PM »
Quote from: 24KT on May 28, 2013, 07:05:55 PM
DO THE MATH

I have done the math, in many other threads. And the math proves that Karatbars are a bad investment purely because of the storage volume required compared to traditional gold form factors. Let's review:

Assuming a gold bar is roughly the size of a credit card, it's dimensions are 85.60mm * 53.98mm * 0.76mm, giving us a volume of approximately 3.51cm3 per gram of gold. You need approximately 31 such card for one troy ounce of gold, occupying a volume of 108.8cm3.

Compare that to a single 1oz Canadian golden maple leaf coin, which has a diameter of 33mm and a height of 2.79mm, giving us a total volume of 1.972cm3.

In other words, purely as a function of the amount of storage required, you can fit 50 times more gold in the same space by buying 1oz Canadian maple leafs.

Now I've also done some more math which shows that Karatbars (and, this holds for any scheme that involves buying super-small quantities of anything with an end goal of accumulation, not just this particular scheme) is simply stupid. Let's go over that math together:

Right now the karatbars website says that a 1 gram can be purchased for €51.12. If we assume that one troy ounce of gold is exactly 31 grams (it's more, but what's a small amount of gold between friends?) then right now, I can buy an ounce of gold by getting 31 Karatbars. It will cost me 31 * 51.12 = €1584.72.

Let's look how much it would cost me to buy a 1 oz. *Canadian Maple from my friends at APMEX: €1050.28.

Well ****... that's €534.44 less expensive. I other words buying a 1oz Maple is 66% cheaper than buying 31 1 gram Karatbars and taping them together to make a 1 oz Super-gold bar. Or, to put it another way, I can buy 3 1 oz Canadian Maple Leafs (for a total of three ounces of gold) for less money than it would cost me to buy 2 ounces of gold in 1 gram Karatbars.

Now, I'm not mathematician (no... wait... I am!) but the numbers speak very loudly and very clearly.

Now consider the simple fact that the Maple Leaf is a whole lot more liquid than a gold bar, a fact that I verified by calling 8 local places (I am in Las Vegas) all of which were familiar with Maple Leaf coins and were willing to pay me cash, on the spot, for them but none of which were familiar with karatbars and none were willing to pay me cash, on the spot, for Karatbars. Only one was willing to buy the Karatbars but said he would have to do research and would only pay after the gold content was verified.

So with all that said and done I'm curious about one thing...

Why would anyone buy 2 ounces of gold in a proprietary, hard to convert into cash form-factor that requires a boatload of space, when, for the same amount, they could buy three ounces in a much smaller package that they could convert into cash just about anywhere and at anytime?
Report to moderator * Logged




By pedro01
Re: Karatbars are an overpriced way to buy gold
« Reply #34 on: June 22, 2013, 08:03:26 PM »
Quote from: 24KT on June 22, 2013, 06:19:57 AM

[24k speaking here]Actually Cholo, it is quite misleading. You cannot compare gold sized in gram weights with gold in ounce weights and expect a comparable price. Gold simply isn't priced that way. There will ALWAYS be a slightly higher premium on smaller weights because they are more labour intensive, and therefore more expensive to make.

In addition, he is comparing 2 different asset classes.

One truly needs to compare 999.9 pure 24KT LBMA GDL gram weight gold with others in the SAME asset class.

Canadian Maples are not in the same asset class as Karatbars, ...and are neither as flexible, nor considered as valuable.
They also do not come with as many benefits of ownership as Karatbars.

Now that the Fed has dumped even more paper on the market to shake out the weak hands, scare the ignorant, facilitate central bank acquisitions of physical, and push the price slightly below that of production... it's gonna get real interesting to witness the shortages that will abound, ...and the premiums other suppliers will start attaching. De-coupling of paper & physical is just around the corner... I think *

Bottom line, ...if one doesn't see the value in Karatbars, ...there's no law that says you have to acquire them.

It's like any other vehicle... I could have gotten 2 or possibly 3 vehicles for the price I paid for my BMW, but none would have been as durable, dependable or as valuable... There's no law that says one has to have filet mignon with every meal if your budget will only allow for hamburger meat twice a month. *Fortunately for myself and many others, we are able to leverage the system to magnify and accelerate our acquisition of Karatbars with no out-of-pocket costs. For me, getting my gold through the system, at no cost to myself is far more preferable to running around trying to find the best "just over spot" dealer to buy a lesser quality asset class out of my own pocket, ...but to each his/her own.

BMWs, Filet Mignon are well known names where the quality of the product determines the price. Gold is determined by purity. At any purity, Gold is Gold and has an agreed value by weight that is what makes it a potential currency. A Gold trader will have a bid and an offer price OR a buy and a sell price. They will also have a spread between the buy and sell price which is effectively his profit margin. This is the Gold market - whether it be futures or physical product. Every Gold shop in Thailand has 2 prices displayed prominently in the window which changes each day (and sometimes during the day). Those are the prices they buy physical Gold and the prices they sell it. This is fixed regardless of the amount brought or sold. There is no 30% uplift for small quantities.

Saying that embedding Gold in plastic increases the value of the Gold by 30% is ludicrous. If that were the case, we should all go out & buy plastic.

No-one gives Gold away for free. The only way an MLM scheme is able to give YOU gold for free is to sell SOMEONE ELSE gold and an inflated price. The fact you keep going on about "free Gold" simply proves the point beyond doubt that others are paying way over market price for which you should be ******* ashamed of yourself.

Were the **** to hit the fan, gold bar owners would not be able to use that Gold as currency without removing all the crap from around the Gold so that it could be weighed and verified. Remember - this would not be a world where everyone trusts each other. All that plastic crap around the Gold makes it less portable, hard to break up and more cumbersome. Karatbars are much LESS flexible than the metal itself.

All of the arguments you put forward here are given to you from MLM HQ. They exist to fool the gullible.

For example, the argument that Karatbars are 'spendable' - have you tried using them in WalMart? I live in a nation where Gold IS closer to being accepted as a currency as anywhere else ont he planet. Many people here have savings in both Gold and cash and it is quite normal to cash in some Gold to make a major purchase. You still cannot use Gold to buy a tank of Gas, there's too much chance of fraud/theft there - a gas pump attendant cannot really be expected to know fake from real. The same applies to a gold bar - could also be fake or real. Still - you come to Thailand and walk into a Gold shop with your gold bar and they will laugh you out of the shop. If they did entertain you, they would need to remove the Gold from the surrounding plastic in order to verify it.

In short, Gold is traded in a certain way and that way is not to cut it into tiny pieces, cover it in plastic, sell it at a 30% mark-up to the gullible and then share that money with your "upline".

ribshaw
04-17-2014, 08:59 AM
Karatbars are an overpriced way to buy gold[/url] This site has a believer named 24k explaining the opportunity, and then you have some intelligent people explaining it.

Indeed, this would make a great thread if it takes off. Never underestimate the ability of the MLM community to add 7 layers of complex to an already efficient market and explain how there is value in paying more for less. I could see how anyone doing Flexkom Math would get all warm and tingly.

littleroundman
04-25-2014, 03:44 AM
When even the serial ponzi playing get-rich-quickers admit Flexkom is lies, deceit, smoke and mirrors, you just KNOW it's avoid-it-like-the-plague time

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/onli1_zpsd5e3c6bc.jpg


http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/onlin2_zpscb00a616.jpg

Brian McGintys' Online Company Review (http://www.pureleverage.com/premierteam/tag/chartfords/)

Whip
04-25-2014, 09:10 AM
So that's his template for all his failures and he just changes the name?

littleroundman
04-25-2014, 11:36 AM
Ian Driscoll digs himself a deeper hole:


http://www.dailymotion.com/video/x1285pi_flexkom-international-trinidad-and-tobago-tv6news_news

littleroundman
04-25-2014, 11:41 AM
The UK seems to be the main focus of Flexkom recruiting at the minute.

It's probably because of Britains' reputation for being slow to react to the presence of online fraud and fraudsters.

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/another_zps019059e0.jpg
http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/another3_zps18b96a2c.jpg
http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/another2_zps011aed60.jpg

Whip
04-25-2014, 11:46 AM
All they have to look at is how many got sucked into the banners broker scam. And since some of the top scammers have pre-existing lists from there.......

littleroundman
04-25-2014, 11:54 AM
All they have to look at is how many got sucked into the banners broker scam. And since some of the top scammers have pre-existing lists from there.......

Funny you should mention that.

We all know about Ian Driscolls' efforts to distance himself from his involvement with the Banners Broker fraud.

As for Roberto Oliveira, well, a picture is worth a thousand words, as they say:

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/roberto_zps6bbb460c.jpg

Roberto Olivieras' roberto-oliviera page on Scoop.it (http://www.scoop.it/u/roberto-oliveira)

Whip
04-25-2014, 12:24 PM
we have to stop posting in these threads. textex is going to get jealous again.

Char
04-27-2014, 10:33 AM
I know this won't shock regular followers of scams but I thought for anyone new to the Flexkom/MLM/Ponzi scene, this was a good read reported at Behindmlm.com Michael Sander helps ViziNova run offshore Ponzi (http://behindmlm.com/companies/wcm777/michael-sander-helps-vizinova-run-offshore-ponzi/#more-16418)

Michael Sander founder of The Obtainer.

Remember the Flexkom relationship with The Obtainer and the much touted award Flexkom received from this direct selling magazine, Lol.

Char
04-29-2014, 06:11 AM
Breaking news!!! And so typical of all the MLM/Ponzi world, flip and flop, drop and pop. If you're an Mlmer, you're perpetuating a con game and if you've recruited someone, you're a scammer too - Whether you know it YET or not. IT IS WHAT IT IS. Never met an MLM that wasn't. There are just different levels of deception.


Is FlexKom A Scam? (http://www.cashbackapps.net/Is-FlexKom-A-Scam.html)
Is FlexKom A Scam?

Is FlexKom A Scam?

(Editor's Note: Dateline April 28, 2014. *Russell D. Longcore, Author of this article, has resigned from FlexKom America Inc. Russell has partnered with BeepXtra as his supplier for the Cash Back Apps Customer Rewards program. Russell believes that the BeepXtra Rewards Program is superior in every way to his former supplier. Learn more for yourself by requesting an invitation. Send a text with your email address to: [edit link removed.] or send an email to: [edit. removed]. Invitations expire after 12 hours, so do not delay in viewing the information. By making a request, you agree that the email you receive is not spam.)*.....

MLM Broken Model
04-29-2014, 08:09 AM
Russell Langcore has probably recruited 20 or more investors to Flexkom with each one paying $2,200. Why? He knew about the trouble with the model in Turkey. Did he sell the deal to everyone just so he could make the "recruiting bonus" off of a few suckers?

The rats are starting to jump off the burning ship. Who will be next? Will more investors ask for their money back? Will they start filing complaints? Will the government investigate and determine Flexkom is just an illegal pyramid scheme? Will Russell and others have to pay their profits as did similar players in Zeekler?

Money game type MLM programs tend to die from the ground up. The person at the bottom finds an EVEN BETTER DEAL and becomes the FIRST TO JOIN (yes, the Ground Floor Opportunity). He/she then starts the chain letter in reverse by going to their previous UPLINE and recruiting them to greener pastures. Their "pitch" is always the same. "My sponsor made $10,000 in their first week - watch the video - participate in our hangout - join our webinar. Get in now and we will put some leaders UNDER YOU, etc". The process continues until the company is paying out more than they are receiving and the owners leave with what is left and, in turn, start yet another deal.

What a world. What a world.

Char
04-29-2014, 08:22 AM
Seems that Fexkom is running another "special" or is it a closing down sale? Lol

If I have this correct, instead of signing up 3 who need 3 to reach sales manager position, you now just need to sign up 5 personally. Along with becoming a SM, you will receive a $1000 dollar bonus.

Signing up 5 is roughly 15k, so a 1000 bucks bonus back is roughly 14k to Flexkom founders. Hmmm

MLM Broken Model
04-29-2014, 09:05 AM
I read where they "Found their next Promoter" to open up Canada. Interesting strategy. Find a Top Money Game Player (MLM PRO) and offer them a "Billion Dollar Opportunity" which comes with the right to override all sales in their country. They call this position the Country Manager. In stock terms, this is the equivalent of a Fund Manager. Flexkom has NEVER proven their model (app-based cash back) in ANY country. So, how do they get someone to become the NEXT Country Manager with the track record to date? And, if they can do a simple Google search AND read, the warning signs are there for all to see.

Here is a Flexkom Google Hangout with Russell Longcore, Kevin Sgambelluri and New Country Manager, Phil Quay (would you buy a used car from that guy?)

https://www.youtube.com/watch?v=l8fxZw2jy8Y

Funny thing, this was aired on March 27, 2014. Less than 30 days later, Russell Longcore changed brands of kool-aid and jumped ship to join yet another app-based cash back deal, Beep Xtra.

Danger Will Robinson!

littleroundman
04-29-2014, 09:25 AM
https://www.youtube.com/watch?v=l8fxZw2jy8Y&feature=player_detailpage

FlexKom with New Country Manager Phil Quay
https://yt3.ggpht.com/-DDV7GejyKsM/AAAAAAAAAAI/AAAAAAAAAAA/Bu28T2TYOFk/s48-c-k-no/photo.jpg (https://www.youtube.com/channel/UCZ1aFlhw-JPVkdP3yS--nXA)Kevin Sgambelluri
25

Scamtracker-Jaap
04-29-2014, 06:38 PM
That face....deceitfulness and fraud in the flesh. No, I would definitely not buy a used car from him. I wouldn't even ask him what time it is.

Partner in crime Russell Longcore is very critical all of a sudden on his FB site: "And finally…how long are you…the rep…willing to keep telling a story that you CANNOT verify?" And this was not the case say a couple of weeks ago? The Flexkom story has always been extremely vague and unverifiable, has always been a question of having faith and mustering uncompromising belief. The remorse of Russell the serial MLM pimp is totally unconvincing.

Scamtracker-Jaap
05-09-2014, 06:12 AM
Phil Quay, Flexkom country manager Canada, seems to have two personalities. Look at these two pics. The first is his normal self, the second is where he is telling his Flexkom lies. The difference is striking. The lying leaves visible traces on his face. He is definitely not yet the slick liar that Cengiz Ehliz and Sakinmaz are. Which speaks for him actually.
7574

littleroundman
05-09-2014, 06:32 AM
http://imageshack.com/a/img845/5051/4wos7.jpg

Todd McDonald Chief Operating Officer at FlexKom Internationals' todd-mcdonald profile on LinkedIn (http://www.linkedin.com/pub/todd-mcdonald/32/149/79b?trk=pub-pbmap)

littleroundman
05-09-2014, 06:42 AM
One wonders if Hooters head office knows its' brand is being associated with the Flexkom international HYIP ponzi fraud

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/flexhoot_zpscb74ce18.jpg

philquay on Tumblr.com (http://philquay.tumblr.com/)

Scamtracker-Jaap
05-09-2014, 07:23 AM
Wow. Serial MLM pimp Russell Longcore is engaged in a turf war with Flexkom now. Apparently Flexkom is a little pissed about his (justified) denouncing of them last week. What a sad and sick bunch these MLM people are. This comes from his FB page:


It Is Time To Run Up the Black Flag And Start Slitting Throats.

People in my former company (he means Flexkom, ed.) are trying their best to besmirch my reputation for leaving them and going over to the other side. They don't like the fact that the Number One cheerleader in the world jumped ship and joined BeepXtra.

Bring it, girls.

The only place all this BS matters is IN THE MARKETPLACE. And I issue this challenge to my former company:

Anytime, anywhere…bring your BEST salesman to a NEUTRAL merchant. You make your sales pitch. I will make mine. Then we will see who wins.

I promise that I will go directly at the merchants you place in Georgia. I will do my best to replace your system with mine.

Give no quarter. Take no quarter. Winner takes ALL.

7577

Whip
05-09-2014, 08:01 AM
But I thought we were told they already had merchants in Georgia. Or is he talking about Georgia in Eurasia?

ribshaw
05-09-2014, 09:24 AM
What a sad and sick bunch these MLM people are.

NAILED IT!!! If an "opportunity" involves "recruiting" or people who only ever promote businesses that involve "recruiting" folks can comfortably walk in the other direction without missing a beat.


It is almost like Russell Longcore (and the rest of the MLM lot) are 12 years old deciding that they are going to run a lemonade stand for the summer, no mow lawns, no walk dogs. These clowns hold themselves out as some kind of experts, yet have no clue how to evaluate the merit of a business beyond the commission structure for recruiting. Wasn't he involved in Rippln or some other failed crap before Flexcon? Taking business advice from him is akin to listening to the guy that has washed dishes at every restaurant in town because he can't hold a job for more than a month. I sure hope while he is getting all huffy puffy he is refunding the suckers who relived on his "wisdom" and plunked down $2200 probably on a credit card to join FK.

All these MLM "leaders" are using their downline's money to earn their living. A recruit is simply a source of funds or leads for these sharks to whore the recruiting scheme of the day.

MLM Broken Model
05-09-2014, 10:52 AM
Does anyone else sense a pattern here:

Bonofa has a similar marketing scheme to that of Flexkom. They have yet to actually deliver a viable product. Yet, they have recruited thousands of "investors" who have paid thousands to be able to do the same - recruit other investors. When will a regulatory body in the USA pull the trigger on this deal? My guess is Flexkom will not be around in the USA much longer as the rats are jumping ship.

Bonofa Shut Down In Lebanon As Pyramid Game (http://www.businessforhome.org/2014/05/bonofa-shut-down-in-lebanon-as-pyramid-game) - the story has not been confirmed as of 12 PM May 9, 2014 FYI

Russell Longcore and other self-proclaimed business experts make me sick. They don't have a clue about what it takes to run a legitimate business model.
Sell the dream - sell the lifestyle and make a bunch of dough in the process without retailing/selling any products. That model is now exposed as being a scam. Period!

Scamtracker-Jaap
05-09-2014, 12:03 PM
That model is now exposed as being a scam. Period!

Was there ever any serious doubt about this then? I often get the feeling that in America this model is seen as 'just another way of doing business' Of course it what MLM pimp Russell likes to suggest, but is there any truth in it? With Amway being legitimised by a court ruling and the GOP heavily involved in MLM and its lobby?

MLM Broken Model
05-09-2014, 12:33 PM
I truly believe that most participants in these pyramid schemes do not understand the law. However, that is changing as the internet (and message boards like realscam.com, mlminsider.com and others) makes this information available at the click of your mouse. That was my point.

It comes down to this basic question: Would I buy this product, at this price, if there was no opportunity attached? That is the FIRST question to ask. Of course, this is an over simplification of the issue but a good rule of thumb.

Deals like Flexkom, Bonofa and Zeek, for example, don't even come close to passing that test.

MLM Broken Model
05-10-2014, 09:41 AM
Just like with Flexkom where the overwhelming majority of revenue and commissions comes from new people buying into the scheme. The promoters of Flexkom like to talk about the concept of saving the local merchants with their NEW model. That so-called model is actually just smoke and mirrors which hides the pyramid scheme model. To date, there have been millions of dollars collected in the USA from New Participants in the Scheme. Each investor paid $2,200 to be able to sell the deal to others and receive bonuses and overrides on the investors. In some cases, pyramid participants have been paid hundreds of thousands of dollars in overrides and bonuses for simply Selling the Concept to others.

This was taken from a post on the mlminsider.com site this morning. Sound familiar? It should - it is a carbon copy of the Flexkom plan.
TelexFree owner arrested, criminal charges filed (http://behindmlm.com/companies/telexfree/telexfree-owner-arrested-criminal-charges-filed)

Soares’ affidavit starts off by explaining TelexFree’s fraudulent business model, and concludes

(TelexFree) derived only a fraction of its revenue from VOIP services – about 1% of TelexFree’s hundreds of millions of dollars in revenue over the last two years.

The overwhelming majority of its revenue came from new people buying into the scheme. In fact, TelexFree was only able to pay the returns it had promised to its existing promoters by bringing in money from newly recruited promoters.

scamatic
05-12-2014, 02:29 PM
Hallo everybody, i'm doing some research about Flexkom and i've seen some of your comments. But i have a question and i hope somebody has the answer, what appen precisely when someone buy something with the card or app? A part of discount goes to customer account, the same amount goes to flexkom.. this amount is split into 40% to flexkom and 60% to comp plan. 20% of this 60% goes to the merchant, the same amount goes to franchise partner which affiliated the merchant, 5% to the upliner, 5% to city coordinator, 50% to comp plan. I want to know who is the upliner and how the 50% is split among flexreps.I'm sorry for (maybe) silly question, hope someone could help me.

scamatic
05-12-2014, 02:38 PM
I've made some math and it's seems for me that the merchant will lose his money if he does 5% discount without increasing his bills for about 15-20% of without having himself discount in buying the good (against the icrease of biils) that he sell for about 5% percent. Don't know if i write in a understandible way. I'm doing homeworks for merchants that will invited joining flexkom.

ribshaw
05-12-2014, 03:59 PM
I want to know who is the upliner and how the 50% is split among flexreps.I'm sorry for (maybe) silly question, hope someone could help me.

We would all like to know what sort of traffic and revenue this scheme is throwing off and to who. Sadly, yet predictably, none of the Flexkon supporters that posted here answered any questions beyond the hypothetical merchant.

This is the base discussion of the plan with merchant commission which you appear to already have analyzed. FlexKom Review: Merchant network and recruitment (http://behindmlm.com/companies/flexkom-review-merchant-network-and-recruitment/)



I'm doing homeworks for merchants that will invited joining flexkom.

Most business owners should have a feel for how much they can discount and still turn a profit. With a 50% profit margin, 10% off a $100 sale still yields $40 in profit. If the profit margin is 5% then the same 10% discount will cost the merchant ($5) on every sale. $90(Cash in) less $95(Cost of goods sold).

One of the complaints I heard about Groupon was they wanted the merchant to discount so much that the business would lose money to bring the customer in. Then the customer would never return. The other complaint was the discount drove so many customers that the business could not properly serve them. Some of the customers who got poor service got pissed off and never came back.

With FK, my guess is the merchants will tire of FK reps trying to sell them long before they ever see a mad rush of customers as no one outside of endless recruiting knows what the hell this is. You might also consider the other "discount" programs that are floating around like Lyoness and Beep Extra.

You could demand to see customer and retail data from Turkey that most closely mirrors the types of businesses you are working for. See what other markets mimic yours and get on the phone with some of the merchants for their experience. If FK can't do this it seems like you have an answer beyond just the discount.

Someone earlier in the thread pointed out some very troubling questions about IT support at FK. One final thought is if any of these programs could directly tie into an existing point of sale software. It seems hella silly to me to have a second terminal that would not only hold up the line, but may force me to do manual bookkeeping if the FK terminal and the register did not balance at the end of the shift.

Char
05-12-2014, 09:06 PM
Scamatic,

I think Ribshaw made some good suggestions. I would also like to add something else to think about. Let's say:

A man tries to sell you a machine that supposedly makes money and he explains how the machine's mechanisms work. You happen to find out that same man sold thousands of similar machines in the past that were fake, stuffed with scrap metal. The people who bought his useless machines lost a lot of money and were scammed by him.

Do you think it's worth discussing the mechanisms of the machine that man is now selling, what flux capacitor model is inside it, and how many jigawatts of power it takes to operate it? That all sounds very technical, but does it really matter when you consider who is selling the machine?

If you haven't read the whole thread, the people involved with Flexkom have run similar scams before and many people lost money.

Whip
05-12-2014, 09:15 PM
Do you think it's worth discussing the mechanisms of the machine that man is now selling, what flux capacitor model is inside it, and how many jigawatts of power it takes to operate it? That all sounds very technical, but does it really matter when you consider who is selling the machine?



I would buy a time machine from Doc Brown.........just sayin'

http://www.wolfgnards.com/media/blogs/photos/miscellaneous/doc-brown-thinking-cap.jpg

Char
05-17-2014, 02:45 PM
http://media.flexkom.com/_stuff/1398890033_53615e317b12d_fk_newsletter_0514_eng.pd f (http://media.flexkom.com/_stuff/1398890033_53615e317b12d_fk_newsletter_0514_eng.pd f)

http://imageshack.com/a/img834/4321/27jeg.jpg
http://imageshack.com/a/img839/4706/hipd.jpg
http://imageshack.com/a/img838/6536/3y83.jpg
http://imageshack.com/a/img841/5186/699yn.jpg
http://imageshack.com/a/img835/1980/lj65.jpg
http://imageshack.com/a/img835/2092/1o8l.jpg
http://imageshack.com/a/img834/2772/7awxk.jpg
http://imageshack.com/a/img834/6651/dr0ya.jpg

Whip
05-17-2014, 04:17 PM
The vision has now become a reality!

The only 'vision' that's a reality is taking people's money. If they are trying to say what wally wordsmith wrote is the reality, they have a long way to go.....weeks, months by their own admission.

Joe_Shmoe
05-17-2014, 05:16 PM
http://media.flexkom.com/_stuff/1398890033_53615e317b12d_fk_newsletter_0514_eng.pd f

Flexkom Newsletter April 2014


It looks like FlexKom have been guilty of a little photo manipulation.
The photo below From Char's link

7624


The original from this page The Conventions (http://stancampaign.blogspot.ca/) :RpS_smile:
FlexKom obviously attempting to look a bigger deal than they actually are.

7626

7627

Whip
05-17-2014, 07:23 PM
It looks like FlexKom have been guilty of a little photo manipulation.
The photo below From Char's link

7624



The original from this page The Conventions (http://stancampaign.blogspot.ca/) :RpS_smile:
FlexKom obviously attempting to look a bigger deal than they actually are.
7627


Not to pee on your parade but that really is an awful photoshop to begin with.

Stewart
05-18-2014, 02:12 AM
On Friday just gone - 16 May 2014 - I was at the Excel in London Docklands, for the Business Startup Expo. ( Starting a Business - The Business Startup Show (http://www.bstartup.com) )

It was an exhausting and interesting long day, with many many seminars and speakers, mentoring and networking groups, and companies with small individual stands, all talking about a wide array of business aspects, including sales, investing, marketing, technology.

Anyway, mid-afternoon, I left the expo floor for a short coffee break. As I stood in the queue for my mocha, I looked across the people in the coffee shop, and **** me, not 5 yards away, at a table, was Ian Driscoll.

Ian had a FlexKom shirt on, and he was showing a FlexKom POS device to another person I didn't recognise. He was taking the device out of its shiny box and demonstrating something or other to the person.

I did take some pictures, thinking to post them here, but they came out quite blurry unfortunately.

Later I also made enquires with some of the businesses that had stands at the Expo. The cheapest, for a one-person stand, if you're a good negotiator and take one at the last minute to just fill a space, is about £1,000. Regular price for a small stand, about £2,500. For one of the bigger "seminar" type spaces, maybe £20,000.

So it was interesting to note, as I check up, down and across all the isles, a complete lack of any FlexKom stand of any kind at all.
The top FlexKom man in the UK, Ian Driscoll, was doing his pitching in the coffee shop.

littleroundman
05-18-2014, 02:28 AM
One wonders if Hooters head office knows its' brand is being associated with the Flexkom international HYIP ponzi fraud

http://i1301.photobucket.com/albums/ag116/Little_Roundman/scams/flexhoot_zpscb74ce18.jpg

philquay on Tumblr.com (http://philquay.tumblr.com/)


One wonders if Hooters head office knows its' brand is being associated with the Flexkom international HYIP ponzi fraud

Apparently not.

The pic in question seems to have disappeared into the ether.

The wisdom of preserving screen grabs, Eh ??

Char
05-18-2014, 08:25 AM
^^^Maybe it disappeared because Hooters Corporate and the location in Alabama has been made aware:RpS_biggrin:

littleroundman
05-18-2014, 09:18 AM
^^^Maybe it disappeared because Hooters Corporate and the location in Alabama has been made aware:RpS_biggrin:

What dastardly devil would do such a thing to such a fine, upstanding business ???

littleroundman
05-18-2014, 10:28 AM
The top FlexKom man in the UK, Ian Driscoll, was doing his pitching in the coffee shop.

Hardly surprising.

This IS Ian Driscoll we're talking about, after all, not a legitimate businessman.

Nobodyinparticular
05-18-2014, 03:51 PM
Hello all. I was wondering if you know in how many countries this MLM scheme is operating. I have just found out that there are already 400 members in my country (Panama) and they are aggressively looking for more. I'm pretty worried at this point.

Char
05-18-2014, 08:05 PM
They have targeted several. Are you involved with Flexkom? I hope you will post here some feedback and what it's like in Panama regarding FK. Thanks

Nobodyinparticular
05-19-2014, 05:18 AM
No, I'm not involved, but a friend of mine tried to recruit me. He told me that they are still "getting organized". Recently the news media have warned viewers of these Ponzi schemes operating, but it is likely that many more will fall into them due to how attractive they make it sound.

Stewart
05-19-2014, 06:35 AM
Recently the news media have warned viewers of these Ponzi schemes operating, ...

Any chance of a link or picture? Could be useful.

NikSam
05-19-2014, 08:41 AM
Panama with its corporate and banking secrecy laws is the most attractive place for criminals to "base" (pretend to be based) their operations or hide money there.
There are more corporations registered than the population of the country.
Major share of those corporate registration is to conduct fraud.
Flexkom might see Panama as very attractive.

Beacon
05-19-2014, 10:55 AM
Complaint Centre Lyoness: FlexKom: the new Lyoness? (http://cc-lyoness.blogspot.ie/2013/07/flexkom-new-lyoness.html)


FlexKom is a 'company' founded, allegedly, in 2010, by either Cengiz Ehliz and/or Asker Sakinmaz, which are both presented as current CEO of the 'company', most probably because they are supposed to represent different divisions of the 'company'. It claims to be some sort of a franchise provider, supplying its partners (which pay about 1500 euros for a 'gold package') with the right to enrol shops into the network, sell them the special FlexKom machines (for about 400 euros), which functions as a reader for the FlexKom cards. The enrolled shops then have the right to issue FlexKom cards to their customers, with the promise that the cardholders will get discounts on their purchases at FlexKom-affiliated shops, and the shops are promised a percentage in commission over the purchases made by the cardholders at every FlexKom-affiliated company...

We found it quite interesting to see that so much vagueness exists about this 'company', which self-reports to be an extremely reliable business partner. For instance, we have seen claims that this 'company' operated an MLM-system, as well as fanatical debates where FlexKom denies to have anything to do with MLM. The company appears to be Turkish, but is most often claimed to be from Germany - yet is registered in Switzerland. Also, many of the national divisions, presented as if they were incorporated and registered at the local chambers of commerce, are not findable in the company registers of these local chambers of commerce.

Both Cengiz Ehliz and Asker Sakinmaz are not officially attached to the Swiss corporation registered under the name 'FlexKom International Holding AG'. Instead, the two names currently attached to this holding (as managers and founders) are Hasan Süslu and Guido Gmür. About Süslu, nothing much is publicly available. About Gmür, however, one can find a little bit more. According to Moneyhouse, Gmür has worked for about 13 companies, amongst which is First Tax AG, registered on the same address as the FlexKom headquarters. Observant readers may remember that this is the company of which Lyoness co-founder and tax and bankruptcy expert Iwan J. Ackermann is the co-founder and CEO.

As we have argued earlier, the people behind Lyoness have previously been responsible for organising GTS (Erin Trade) and Galvagin - at least - and apparently managed to get away with running those scams by setting up shell corporations in various countries and moving assets around until they were no longer traceable for anyone looking for them. As it seems, this is the way they have managed to found Lyoness without anyone frowning upon the intentions of the Lyoness founders.

We understand that we should be cautious in what we write here, as the exact details and sequence of events are difficult to mimic, mainly due to the lack of information publicly available. However, it does look an awful lot like the same people that managed to transfer Galvagin into Lyoness, and continue their scam under a different name, are now in the process of doing the same for FlexKom. It definitely looks like FlexKom being the long-awaited successor of Lyoness, through which the people behind Lyoness can continue to the scam the world. If not, FlexKom is an extremely similar copy (again, there is 'cash back', the higher ranked adherents become first 'leaders' and then member of the 'President's Team', etc.) of the Lyoness racket and the people interested in running the FlexKom scam at least appear to have hired the same people to cover up their fraud.

Char
05-19-2014, 10:59 AM
Welcome back watsco. Saw you were logged in. Anything new on your end?

Char
05-19-2014, 11:31 AM
Looks like "gold" is the new game in Ponzi land.

There is karatbars with it's issued warning from the Canadian fraud watch
Karatbars International warning issued in Canada (http://behindmlm.com/companies/karatbars-international-warning-issued-in-canada/)
Someone requesting a review from Oz on Emgoldex
Behindmlm has two new reviews:
GoldAdMatrix Review: $2 - $567 recruitment driven scheme (http://behindmlm.com/companies/goldadmatrix-review-2-567-recruitment-driven-scheme/)
Argent Global Network Review: $10 - $2400 Ponzi hybrid (http://behindmlm.com/companies/argent-global-network-review-10-2400-ponzi-hybrid/)
A new thread here on realscam: http://www.realscam.com/f8/gold-forever-thegoldforever-com-3184/

And not to be left out, Flexkom has finally made their "breath-taking" announcement that they will be introducing FLEXGOLD!!! (What a shocker) See April newsletter page 5.

Whip
05-19-2014, 11:42 AM
Welcome back watsco. Saw you were logged in. Anything new on your end?

lol. that's funny.

Char
05-19-2014, 04:38 PM
Flexkom friend and owner of The Obtainer magazine who gave that fancy award to Flexkom makes news again:

Michael Sander now defending Bonofa Ponzi scheme (http://behindmlm.com/companies/michael-sander-now-defending-bonofa-ponzi-scheme/)

NikSam
05-19-2014, 04:58 PM
Flexkom friend and owner of The Obtainer magazine who gave that fancy award to Flexkom makes news again:

Michael Sander now defending Bonofa Ponzi scheme (http://behindmlm.com/companies/michael-sander-now-defending-bonofa-ponzi-scheme/)

We have to study closely that Sandler, I believe there are way more dead buddies in his closet.

freighttrain
05-19-2014, 05:34 PM
Stuart Murray addresses doubters and scare mongers in his post on facebook page:
https://www.facebook.com/photo.php?fbid=10152113749863862

Yet, if you point out to Stuart that his picture is not from last week, but was taken over a month ago (see https://www.facebook.com/photo.php?fbid=428390317296373&set=pb.361062824029123.-2207520000.1400538738.&type=3&theater) and that the fact that Flexkom managed to sell overpriced hardware to his own distributers does not prove that Flexkom is not a scam, he suddenly removes your comment! Strange, as he cleary addresses his post to me, being what he calls a scare monger.

Now, why would a good man like Stuart Murray do such a thing? He obviously does not want to get confronted with facts like these and not have his followers and friends find out that he's been lying?

Whip
05-19-2014, 06:03 PM
Stuart Murray addresses doubters and scare mongers in his post on facebook page:
https://www.facebook.com/photo.php?fbid=10152113749863862

Yet, if you point out to Stuart that his picture is not from last week, but was taken over a month ago (see https://www.facebook.com/photo.php?fbid=428390317296373&set=pb.361062824029123.-2207520000.1400538738.&type=3&theater) and that the fact that Flexkom managed to sell overpriced hardware to his own distributers does not prove that Flexkom is not a scam, he suddenly removes your comment! Strange, as he cleary addresses his post to me, being what he calls a scare monger.

Now, why would a good man like Stuart Murray do such a thing? He obviously does not want to get confronted with facts like these and not have his followers and friends find out that he's been lying?
I'll help ya out a little bit.

ALLEGED ORIGINAL:
7649


STOLEN AND CLAIMED AS SOMETHING IT'S NOT:
7648

Char
05-19-2014, 06:14 PM
It's funny how pictures can say different things.

I see a bunch of boxes with pos terminals THAT AFFILIATES HAVE PURCHASED (and apparently for more money than you can buy elsewhere). How this suggests that affiliates are making money amuses me (I see $400 out of gullible pockets) and it brings back memories of phone scams like Global Verge. Affiliates did indeed get a phone WHICH AFFILIATES PAID FOR and that's about it.

P.S. Emgoldex has a thread on realscam as of today:
http://www.realscam.com/f9/emgoldex-what-do-you-think-company-3189/

Whip
05-19-2014, 06:18 PM
It's funny how pictures can say different things.

I see a bunch of boxes with pos terminals THAT AFFILIATES HAVE PURCHASED (and apparently for more money than you can buy elsewhere). How this suggests that affiliates are making money amuses me (I see $400 out of gullible pockets) and it brings back memories of phone scams like Global Verge. Affiliates did indeed get a phone WHICH AFFILIATES PAID FOR and that's about it.

P.S. Emgoldex has a thread on realscam as of today:
http://www.realscam.com/f9/emgoldex-what-do-you-think-company-3189/

In reality......all you see is a bunch of boxes. There's absolutely no proof they are for overpriced tablets. But getting a clear visual on the lying is hilarious.

NikSam
05-19-2014, 06:35 PM
Common, 8 photos , and not a single with any indication it has anything to do with FlexKom ?
https://www.facebook.com/qrmany/posts/428390557296349

Whip
05-19-2014, 07:29 PM
Common, 8 photos , and not a single with any indication it has anything to do with FlexKom ?
https://www.facebook.com/qrmany/posts/428390557296349

Also interesting the people sitting at the tables using laptops and not flexkom tablets.

watsco
05-20-2014, 04:26 AM
Welcome back watsco. Saw you were logged in. Anything new on your end?

Just dropped in to see what new things you guys are talking about. Nothing new here.