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Thread: Club Asteria - club-asteria.com

  1. #1
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    Club Asteria - club-asteria.com

    From our Lipstick on the pig file.,...

    About Us


    Our Goals

    Without a vision there is no hope. Our vision is for a better life for the non-privileged individuals and families of the world.

    Our dream is to eliminate global poverty in our lifetime. We give hope and assistance in fulfilling that dream to so many impoverished families.

    Our goal is to develop new entrepreneurial spirit and economic thinking in the minds of our members. We seek to break the cycle of poverty that exists for hundreds of millions of people around the world by providing for them the education, innovative products and services, systems and tools and management support to help them to support themselves, and to help create a world where the needy have adequate access to economic opportunities and the hope to move beyond poverty. A self sufficient individual who can support his/her family with the basic necessities of life � adequate food, housing, health care and education, does not need to tear his family apart in order to seek a better life somewhere else.
    Membership

    Every once in a while there is a moment in time where everything comes together. When there is magic in the air what could not be accomplished before becomes possible now. The evolution of the Internet has radically altered the way we communicate, innovate, create, express, buy, sell, invest, research, and even date. Just about every human behavior and activity has an online counterpart. We now have instant access to knowledge, intelligence and transactions that never before in history were available. As with all major shifts in business the evolution of the Internet has ushered in new opportunities and categories of entrepreneurs.



    Our membership is made up of entrepreneurs interested in global social issues, immigrants and expatriates, motivated and ambitious individuals from underdeveloped regions of the world and of course anybody interested in benefitting from our products and services.


    We offer our Members opportunities to improve their lives by taking advantage of
    • our educational programs
    • earning commissions by marketing our products and services
    • utilizing our discount shopping and travel opportunities
    • our mobile cash management and transfer capabilities
    • participating in our philanthropic and our micro-finance / micro-credit programs, and
    • participating and contributing to the Club Asteria Global Forum.

    About Us

    Andrea Lucas, PMD, MBA, CPA, CMC, former Director of the World Bank, published author and mentor, is founder and Managing Director of Club Asteria. Andrea has over 30 years experience in finance, management, consulting and international project development in developing nations. Andrea is a native of Austria, who emigrated to Canada as a young woman, where she learned first hand about the trials and tribulations of being a stranger in a foreign country. Now, this successful entrepreneur is ready to give back to the expatriate community to enrich the lives of the less fortunate.
    Beautiful goals, entrepreneurial ethics and it's founder is a former director of the World Bank. This is the sort of program that former US Presidents do public service announcements for.,...right? Then why is there a 60 page (and growing) thread on it over at talkgold?

    Simple, it's a ponzi scheme. Well that's a bit of an over simplification, it also has some characteristics of a pyramid scheme, an affiliate marketing program, coaching and "mentoring" services, a shopping portal (the Blastoff Network no less) and whether the founders realize it or not (wink wink, nudge nudge) it also has impressive potential as a money laundering operation.

    It's fairly impressive how hidden the nuts and bolts details of the compensation and affiliate plans are. I've found a separate URL for the company and will drag that when I get the chance so some of the following is second hand information.

    Three basic membership levels and additional "directorship" positions you can purchased. You can sign up for free but you need to be a Silver or Gold member (at $9.95 and $19.95 per month respectively) to participate in the "revenue sharing" program. Your initial silver or gold payment is ~matched~ with 10 or 20 "asterios" (they're like dollars) and in theory the average 7-10% per week compounding interest rate should allow you to pay your monthly fee just off your interest in about five months. If you're not the patient type you can also add to your "asterio" balance via bank wire or any of many popular payment processors. And yes, of course they offer matching bonuses for cash deposits, 100% direct match for deposits of $250 or more ($250 becomes 500 Asterios). They do have a 20,000 asterio cap on any one account, but cheerfully enough they do allow more than one account per "household."

    I'm looking for info on the "directorship" positions but there seem to be areas of the website not available to free members or the public at large. There are five levels of them and the buy in ranges from $1,000 to $9,500 (Interesting note, I did find a page indicating that no money transfers of over $9,500 were permitted without direct authorization of the club. Gee isn't that the cutoff point where any bank would need to file notice of the transfer?). I don't know exactly what your one to nine and a half grand buys you but I'm sure you get your asterios worth.

    The Alexa numbers are impressive on this one. And it seems quite possible that the majority of their membership (which could well be closing in on 100,000) are non native english speakers. Russia and India in particular seem very well represented.

    In the reading I did one thing really jumped the hell out at me:

    Low Cost Money Transfer Services and MasterCard Prepaid Debit Cards Are Here!

    All over the world there are tens of millions of people who have great difficulty receiving desperately needed funds from their loved ones. These are the unbankable people of the world. And when funds do reach them, the high money transfer costs often greatly diminish the final payout. At Club-Asteria we recognize that this is one of the greatest financial problems that perpetuates the cycle of poverty.

    We have partnered with the best financial professionals in the world to put together a service that will revolutionize the way you send money home to help your family and loved ones. As a Gold Member of Club-Asteria, you will receive an Asteria Club account that provides you access to online banking and your individual electronic wallet. This will give you the freedom to bank whenever and wherever you want. You can check your balance and transfer funds to your loved ones anywhere in the world. You can fund your e-Wallet by sending money via bank wire, credit card, by using the online payment system available from 24 top banks in the world, by mobile phone transmissions and of course via receipts of your commissions from Club-Asteria.

    Your cost for this service is a one-time fee of 2.5% when you deposit funds into your e-Wallet. This is the ONLY FEE that you will be charged for the utilization of your account and all of the money transfers that you want to make. For example, if you deposit $100 into your account, the cost will be $2.50. After that if you want to send funds to five family members, friends or loved ones, your cost would already be covered by the $2.50 taken out of your account (equaling 50 cents per transmission) - there are NO OTHER CHARGES! In addition, we offer the absolute best international currency conversion rates.

    Your mobile phone can be used as an account management tool. Most importantly Asteria Club Members can transfer funds to themselves, other members, and check their balance via their mobile phones. SMS text is a way to use your mobile phone to check your account balance, and transfer money instantaneously all over the world. Your loved ones receive the money that you want them to have immediately in real time.

    Additionally, you have the opportunity to purchase a MasterCard Prepaid Card. Funds sent to you via SMS text on your mobile phone can immediately be transferred to this MasterCard Prepaid Card. You can then use your Card to buy products and services anywhere in the world where MasterCard is accepted. The MasterCard Prepaid Cards can be issued anywhere in the world and come with chip and pin security that increases the safety to the card owner and reduces fraud risk. There are no credit checks or monthly or yearly maintenance fees for the MasterCard Prepaid Card.

    Exceptional Benefits to Club-Asteria Members:
    * Your personal e-Wallet
    * Online Banking-Mobile Banking (SMS)
    * International Instant Money Transfers
    * Real Time Online Payments
    * Instant Access to Commissions from Club Asteria
    * Multiple MasterCard Prepaid Cards Available For Your Loved Ones

    These financial services will prove to be one of the greatest benefits of your Club-Asteria membership.

    Club-Asteria Shares Its Vision For The Future

    With the help of our Network Directors and members we have finalized our Vision for 2011-2012. With the help and dedication of each of our members we can accomplish what we are setting out to do to make great positive changes in the world. It is the cumulative effort of all of our members that makes this vision achievable.
    Of course it's very laudable to extend low cost money handling options to all corners of the globe but this is potentially dangerous. If you can send money to near any enabled smart phone in the world what's to keep drug dealers (or worse) from using Club Asteria like an international debit card? This is an impressively put together program with many facets. In many ways this is a distillation of several categories of scams but it also shows evolution in it's constituent parts. In the same way that FaceBook wasn't particularly original but rather was a synergistic combination or existing elements, Club Asteria might end up being larger than the sum of it's individual scams.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  2. #2
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    Re: Club Asteria - club-asteria.com

    This one is being pushed hard across the forums by strosdegoz/manolo and now ken/DrDave/ russo has joined in. Those two are all the Red Flags needed to tell me that the program is pure scam.

  3. #3
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by GlimDropper
    Beautiful goals, entrepreneurial ethics and it's founder is a former director of the World Bank.
    And here we have our first little "red flag"

    A closer look at the "founders" resume indicates she was, in fact, a "director" of one section of one office of the World Bank.

    IOW, a clerical officer.

    She was NOT a member of the board of directors of the World Bank.

    Memories of the confusion regarding the awarding of a "Congressional Medal", anyone ????
    The only thing necessary for the triumph of evil is for good men to do nothing

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    Re: Club Asteria - club-asteria.com

    Promoting Club-Asteria

    Posted On:08/01/10

    We encourage our Members to promote Club Asteria.

    We want you to take full advantage of the benefits you receive as a Gold Member when you invite your friends to also become Gold Members. As you know, every Gold Member in your organization will yield $9 to you every month for as long as both you and they are active Members ($4.50 for Silver Members). Make spreading the word about Club Asteria your business and soon you will enjoy a very nice and steady income from it.

    However – please be very careful about the methods and words you use to promote Club Asteria. You can be sure that we will know about all websites and emails that are generated by our Members in their efforts to grow their organization. We will find the websites on the Internet ourselves or someone will send us a link or copy of an email they received to verify if what is said there is in fact true. It is very unfortunate that we have had to suspend several members who published misleading and blatantly false information about our business model and generous commission policy.

    Please do not use or imply words like “guarantee”, “10% per week”, “Investment”, etc. in your invitations to others as they might rely entirely on what you tell them instead of reading our website and Terms of Service. Please do NOT mislead others or take advantage of them if they do not speak English very well and cannot ascertain by themselves what we are explaining on our website. To clarify:

    Guarantee: Since we have no control over the income that we receive weekly, we cannot guarantee to pay any specific percentage per week. The only thing that we do guarantee is that we will distribute 75% of the revenues received every week back to the Members in the form of commissions and bonuses.

    Investment: We are not a bank nor an investment house that holds your money, invests it and then gives you a certain return. You purchase programs, products (including Asterios) and services from Club Asteria the same way as you purchase them from any other source – there is no investment involved or implied. Network Directors purchase a position of leadership and that entitles them to earn commissions up to 30% on the sales generated by their entire organization.

    Passive Income: Our business model assures you steady income and we would like you to promote that rather than passive income, although that is an option too. We want you to get involved in our cause and make a difference in the lives of others by showing them how they too can make a good living from their participation in Club Asteria.

    We have given our Gold Members all the tools they need to promote Club Asteria the proper way. Please use your free Cumada account with a series of 7 pre-written emails that are automatically sent to your recruits. Before publishing websites that promote Club Asteria please let us take a look at them before they are made public. We want to help you find new Members who understand our business model and make an informed decision when they join. They will be the ones that remain active Members and make your business grow, not those who come on board for a free ride.

    Thank you for helping to protect the image of Club Asteria.

    Andrea Lucas
    Managing Director

    The words change but the script stays the same. Andrea uses more flowery prose but otherwise this could have been written by Andy. Bowdoin that is.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  5. #5
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    Re: Club Asteria - club-asteria.com

    Eagle also pointed out that they have no license to transfer money. I also seen a no payment/ No Support at MMG since 12/16.

  6. #6
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by littleroundman View Post
    And here we have our first little "red flag"

    A closer look at the "founders" resume indicates she was, in fact, a "director" of one section of one office of the World Bank.

    IOW, a clerical officer.

    She was NOT a member of the board of directors of the World Bank.

    Memories of the confusion regarding the awarding of a "Congressional Medal", anyone ????
    Ding ding ding, give that man a cigar.



    WorldBankLetter.jpg


    In fairness, the link with that photo is from their site but it does put a finer point on her title than her promotional material does.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  7. #7
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by baylee View Post
    Eagle also pointed out that they have no license to transfer money. I also seen a no payment/ No Support at MMG since 12/16.
    That will make no difference to the usual suspect HYIP ponzi "playas"

    but anyone else thinking of joining would do well to consider the implications of being involved with any program which openly advertises money laundering and unlicensed money transfers.

    I can't BEGIN to imagine how many international law enforcement agencies will sit up and take notice of such blatant criminality.

    Way to go to attract attention to a HYIP ponzi "game" boys and girls.
    The only thing necessary for the triumph of evil is for good men to do nothing

  8. #8
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by baylee View Post
    Eagle also pointed out that they have no license to transfer money. I also seen a no payment/ No Support at MMG since 12/16.
    Howdy baylee, welcome to RealScam.

    Eagle has an amazing talent for being correct and ponzi scheme operators seldom trouble themselves with licensing. If they attract any official attention the lack of a permit is the least of their problems.

    And our dear and darling friends over at talkgold are still singing out "I got paid." For the time being at least. ;)
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  9. #9
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by baylee View Post
    Eagle also pointed out that they have no license to transfer money. I also seen a no payment/ No Support at MMG since 12/16.
    Here is the post from MMG.

    [quote name='rwg' date='Jan 17 2011, 05:17 PM' post='6377475']
    Yes, I've complied with ALL their rules. Enrolled on 12/4, bought $250 more Asterios on 12/16, read all the news. If this isn't resolved shortly to my satisfaction, I'll be filing complaints with the payment processors and start posting negative comments on every forum known to mankind.
    [/quote]

  10. #10
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    Re: Club Asteria - club-asteria.com

    Oh charming, from the Club Asteria "leaders" page:




    Hank Needham, Director of Sales and Marketing, is responsible for establishing Country, Regional and Network Team Leaders. Hank has 22 Years experience in building Sales Teams throughout Europe, United States, Asia and Africa with special emphasis in the Network Marketing and Communications Industry.

    Cumada dot com is one of CA's marketing websites and Mr.Needham has a page up:


    WELCOME TO GIFTING

    This page is designed to help you get all the information in ONE Place that you need to get started with your Gifting Program. Any additions or changes that you think it needs, please let us know and we will make the necessary changes.

    The first and most important thing is to speak with me on how to set things up. I am here to help you and absolutely want to see you succeed. I want to help introduce you to your Back Office. Again, I want to speak with you, so be sure that this happens.

    Get a Skype Account - It makes calls around the world Free.

    There are loads of GREAT Marketing strategies within your Gifting Site and make sure you have it set up correcty. Read through your back office and Newsletters. Be sure to have:
    The movie you wish to promote selected - we use #3, but waiting for the new one.
    Your Membership Profile Correctly completed
    Complete the section on Accepted Gift Payments Methods
    Your AutoResponder messges set to ON
    Call Back System Set up. Yes you want Option 1 - Leaders will call for you. You also want to follow up on these calls. You do get more gifts if you do.
    Personalize your Website - Upload a Picture.
    Add "cash gifting" to the growing list of scams Club Asteria promotes.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  11. #11
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by GlimDropper View Post
    Add "cash gifting" to the growing list of scams Club Asteria promotes.
    With the large number of people from non english speaking countries who have joined club-asteria I see the cash gifting promotion as a real problem....

    They have tapped into thousands of new suckers they can now lead from scam to scam to scam....

    Really need to get the Feds to close this one down and fast....That way there is more chance of those to whom club-asteria is their first scam that they will make it their last and just walk away and never deposit a dime to such rubbish again....
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

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    Re: Club Asteria - club-asteria.com

    OK, this one makes no sense. Here is another Hank Needham/cumada webpage with, of all things his affiliate link to Ad Surf Daily which was shut down more than two years ago. His ref number was 36428 btw. I've been combing cumada and have found people spamming adventures4u and Genius Funds links as well, two more defunct ponzi schemes.

    I don't claim to understand this but it sure is nice to know this isn't some peoples first trip to the circus. Hmm, I wonder how many other scams Hank Needham has promoted.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  13. #13
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    Re: Club Asteria - club-asteria.com

    As for Hank Needham, we believe he was in GNI, PTVPartner, possibly P2P, TriStar, Megalido, MrsVIP/VLane, and 12DP. Still checking to confirm if he was in all of these or not. I would be more shocked if he wasn't than if he was.

    We also believe he was/is in at least 4 cash gifting schemes. Quite the busy fellow but of course these are all legitimate programs. After all the IRS has said you can "gift" to anyone you want up to $13,000 as an individual, and a married couple can gift $26,000. Of course they always manage to leave off this last sentence from Title 26 of the IRS code: Your gift must be given with ABSOLUTELY NO EXPECTATION OF RECEIVING ANYTHING IN RETURN. Don't you just hate it when those pesky legal issues crop up in a good scam.

  14. #14
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by baylee View Post
    Here is the post from MMG.

    [quote name='rwg' date='Jan 17 2011, 05:17 PM' post='6377475']
    Yes, I've complied with ALL their rules. Enrolled on 12/4, bought $250 more Asterios on 12/16, read all the news. If this isn't resolved shortly to my satisfaction, I'll be filing complaints with the payment processors and start posting negative comments on every forum known to mankind.
    "Outgrowing" the support staff's ability to process fund transfers and support tickets is one of the usual signs of a ponzi apocalypse. Sometimes it's more or less "legitimate" in so far as program growth can outstrip available service capacity but more often than not it's an excuse for when the laws of mathematics catch up to their available cash on hand. Each dollar coming in carries a promise of more than one dollar going out and if recruitment ever sags, payouts get delayed.

    Club Asteria has a terrible little on site forum and for unattractive and difficult as their software makes it to communicate, it's beginning to send a clear message. Where are the Admin? More and more messages like this one:

    e-mail from andrea about CA support issue
    I received an email from andrea lucas dated 13 jan 2011 with subject: ticket support issue include missing bonus. she promise to fix this issue within 72 hours. if this email really from CA with correct information, then I assume that we will see positive progress for our problem and support ticket response. Target date is almost pass. any member who already got response and your problem solved, please post here, so all member will know the progress. thanks
    Posted On : 01/15/2011
    Same poster, days later:

    no Communication or news update since 3 jan
    it has been more than 2 weeks wihout any communication update from management. keep silence will make situation become worst. I know that it will be difficult to solve all issues within short time. but regular communication from management (at least once a week) is required and very important for all members to understand current problem and progress of problem solving.
    Posted On : 01/19/2011
    Couple this with the website loading so slow, it frequently times out and I wouldn't be at all surprised if the "smart" money isn't already pulling out. The next week or so should be interesting.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  15. #15
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    Re: Club Asteria - club-asteria.com

    Another sign is that the "fix" is in on the usual suspect HYIP forums.

    NO tolerance is being shown to anything even remotely critical of Asteria.

    Anyone who puts their money anywhere near this one might as well just bend over, put their head between their legs and kiss their a** goodbye.
    The only thing necessary for the triumph of evil is for good men to do nothing

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    Re: Club Asteria - club-asteria.com

    Another portent of doom, Ken "DRdave" Russo tours the ponzi forums to buck up the troops:

    Welcome to the newest member of my CA team.....

    Peter Z-----------------------------ID 97067

    Over 4700 new members since my last report just 4 days ago
    for an average of about 1175 each day.

    Well on our way to 100,000 members!!!

    Some misinformed folks believe it is too late to join this fine program.
    I believe we are just getting started.

    Club Asteria is Your Gateway to a Brighter Future!

    Join us today!!

    It's hard to find reliable information on most of the "nuts and bolts" of this program. In inimitable ponzi fashion they've made the "80/20" rule mandatory but I have no idea of what happens if you just request they send you all your money. "DRdave" is no doubt in a "director" position and makes most his money off of recruiting and those commissions seem more liquid than "Asterio Balances" but I can't find any solid information on how quickly you can just cash out of the program when you realize the program is sinking.

    (For archival purposes Ken Russo's ref id# is 51794)
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  17. #17
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    Re: Club Asteria - club-asteria.com

    They have already removed the member 2 member transfer button. A lot of unhappy members over that one and no message to the members saying it was going to happen either.

    This is out of control and just a matter of time before it implodes. If it makes it to the end of February, I will be surprised. They can't get enough new members to counter all the money they have to pay out. To do so means they would have to be over 120,000 members right now just to pay the 70,000 of the 92,000+ in the program, and they are more than 25,000 away from that number. Then once they manage that, they have to get another 75,000 to keep it going for a little while longer. You can almost hear the fear in the major pimps voices begging people to join or they know this will collapse; and soon.

    Nice to know that we have Ken on duty as he is one of the first to call a scam a scam. I know because he told me so. Gregg almost destroyed a new monitor and keyboard with Ken's claim. Since he has not called this one a scam, then it can't be a scam. Ken's honor.

  18. #18
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by GlimDropper View Post
    It's hard to find reliable information on most of the "nuts and bolts" of this program. In inimitable ponzi fashion they've made the "80/20" rule mandatory but I have no idea of what happens if you just request they send you all your money.
    Does 80/20 rule mean you can withdraw 80% but must roll over 20%??....
    Was this rule there from the start or is it new??....
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

  19. #19
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by okosh View Post
    Does 80/20 rule mean you can withdraw 80% but must roll over 20%??....
    Was this rule there from the start or is it new??....
    Just the reverse. You roll over 80% and only withdraw 20%. That's a sure sign they are in deep doo-doo financially.

  20. #20
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    Re: Club Asteria - club-asteria.com

    I'm sorry if I was less than clear okosh. The 80/20 rule isn't a recent invention, it's been in place for as long as I'm able to tell. This is an interestingly designed program, previous programs have had "cut and run" penalties to inhibit wholesale cashouts but C-A may well just prohibit them. I keep seeing $400 a week being some sort of cap on the cash you can remove from the "revenue sharing" portion of the program but I'm still trying to find the math behind that number. It looks like the deck here is very stacked in favor of the big e-mail list recruiters as the commissions they earn are in addition to the rev share. I predict we'll be seeing more "programs" incorporating many of these provisions, while it might be less attractive to the quick hitter type player the heavy promoters can rake in the long green. And from a marketing perspective the "expatriate" angle is very clever.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  21. #21
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    Jun 2010
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    California
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by GlimDropper View Post
    I'm sorry if I was less than clear okosh. The 80/20 rule isn't a recent invention, it's been in place for as long as I'm able to tell. This is an interestingly designed program, previous programs have had "cut and run" penalties to inhibit wholesale cashouts but C-A may well just prohibit them. I keep seeing $400 a week being some sort of cap on the cash you can remove from the "revenue sharing" portion of the program but I'm still trying to find the math behind that number. It looks like the deck here is very stacked in favor of the big e-mail list recruiters as the commissions they earn are in addition to the rev share. I predict we'll be seeing more "programs" incorporating many of these provisions, while it might be less attractive to the quick hitter type player the heavy promoters can rake in the long green. And from a marketing perspective the "expatriate" angle is very clever.
    It never cease to amaze me that many can't or don't want to see that any legitimate business does not need an ever-increasing influx of new members to continue existence. Things like the 80/20 rule and pleadings by admins and pimps for more members are MAJOR red flags to any sane person.

  22. #22
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    Re: Club Asteria - club-asteria.com

    More Ponzi Pitch Prattle from the Prince of Pimps:


    Ken (DRdave) Russo on talkgold:

    <Snip>
    More Ways To Prove Club Asteria Is Legal

    In the past I have posted ways to verify that Club Asteria is a legitimate and legal company. In late December Club Asteria posted a copy of their original U.S. incorporation certificate on their website. This is a matter of public record so it can easily be verified if you choose.

    They are also in the process of incorporating in other regions of the world. By incorporating in many other regions they will be able to then open bank accounts in those areas. That will facilitate an improved currency exchange which will help all members in those areas. Club Asteria has already incorporated and then established bank accounts in Asia and other parts of the world.

    Just a few days ago they emailed all U.S. members that earned $600 or more asking them to verify their social security numbers and addresses. The purpose of this is to comply with U.S. laws and send 1099 forms to these members. Scam companies and those that are hiding in virtual offshore companies do not ever adhere to these laws.

    In summary, we have been able to give another very positive progress report. If you have not done so already, please visit the Club Asteria website right away to research the opportunity in detail.
    [Bolding Mine]

    So, all a company needs to do to prove it's 100% legal is to file for incorporation? Someone go dig up Ken Lay and have his convictions overturned, Enron filed articles of incorporation so it couldn't have been acting illegally, could it?

    And many, if not most scammy little ponzi schemes send 1099s to US members earning over $600. It's the slenderest of fig leaves used to pretend toward legitimacy. And it keeps one additional criminal charge from being leveled against them.

    Keep spreading the manure Ken, it keeps your garden growing.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  23. #23
    Join Date
    Jun 2010
    Location
    California
    Posts
    3,213
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by GlimDropper View Post
    More Ponzi Pitch Prattle from the Prince of Pimps:


    Ken (DRdave) Russo on talkgold:


    [Bolding Mine]

    So, all a company needs to do to prove it's 100% legal is to file for incorporation? Someone go dig up Ken Lay and have his convictions overturned, Enron filed articles of incorporation so it couldn't have been acting illegally, could it?

    And many, if not most scammy little ponzi schemes send 1099s to US members earning over $600. It's the slenderest of fig leaves used to pretend toward legitimacy. And it keeps one additional criminal charge from being leveled against them.

    Keep spreading the manure Ken, it keeps your garden growing.
    The Virginia entity search wbsite is crippled today for maintenance but why under Asteria Corporation are there two terrminated companies?
    1: 0705668-2 ASTERIA CORPORATION TERMINATED 11/02/09
    2: 0715634-2 ASTERIA CORPORATION TERMINATED 05/04/10
    3: 0724213-4 ASTERIA CORPORATION ACTIVE 06/08/10
    Last edited by laidback; 01-20-2011 at 04:31 PM. Reason: link not working

  24. #24
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    Jun 2010
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    Re: Club Asteria - club-asteria.com

    Quote Originally Posted by laidback View Post
    The Virginia entity search wbsite is crippled today for maintenance but why under Asteria Corporation are there two terrminated companies?
    1: 0705668-2 ASTERIA CORPORATION TERMINATED 11/02/09
    2: 0715634-2 ASTERIA CORPORATION TERMINATED 05/04/10
    3: 0724213-4 ASTERIA CORPORATION ACTIVE 06/08/10

    I'm glad Virginia is working on that website, it's been nearly dysfunctional for days. I did see the two terminations but couldn't find anything on them. It is interesting that of the two buisness addresses they list, one was a UPS store (so the suite number was really a box number) and the other is a company that rents out office space. The rent-an-office address is on the aptly named Old Gallows Road, I just love foreshadowing.
    So your prophets of finance have fallen on their collective proverbial face, and you hear muffled voices calling: Welcome to the human race.
    You made a killing dealing real estate at NASA selling cemetery plots in outer space til some falling coffins crashed upon your doorstep: Welcome to the human race.

    Open up your heart...

    Welcome to RealScam.com.

  25. #25
    Join Date
    Jun 2010
    Location
    Tucson, AZ
    Posts
    5,309
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    Re: Club Asteria - club-asteria.com

    A little trip down memory lane seems to be in order right about now for what is happening in Club Asteria.

    I have found it interesting that the very same access to the website issues Club Asteria is experiencing were the same ones ASD had in June and July before the feds raided on August 1. The same excuses given for ASD's slow website access are the same excuses being given for Club Asteria. These being: they are growing too fast and cannot keep up, and they are moving to new servers to handle the increased load.

    If the feds had not raided the first of August, ASD would have collapsed on its own by the end of August or at the latest mid-September. There was no way they could continue paying everyone because the number of new people joining had to double their current rate of signups. Even if they could have accomplished that feat, it would have delayed the inevitable only until October/November.

    The bigger these programs get the greater the number of new signups needed to keep the pyramid going. As with all pyramid's, the greater increasing number of people needed to keep it going cannot be achieved and it all collapses. At their current rate of growth, this will be lucky to last through February.

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