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Thread: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

  1. #676
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by Nourjan View Post
    Maybe it's just me but I'm really curious why FlexkomGAUSA stopped posting the moment UGA1 made his/her appearance here.Maybe either one of them would like to explain that.
    As I have pointed out previously,

    both of them have posted from the same 2 IP addresses, both of them have been logged in from the same IP address at the exact same time and both of them logged in within 6o seconds of each other.

    Make of that what you will.
    The only thing necessary for the triumph of evil is for good men to do nothing

  2. #677
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by littleroundman View Post
    I may be completely wrong, but watsco strikes me as being a genuine "true believer," happy to parrot the stuff he's being fed from his upline and content to leave any critical thinking to others.
    I agree. He's most likely brainwashed by the Flexkom cult. Therefore he only believes whatever the Flexkom gurus tell him. He honestly thinks that whatever information comes from outside of the Flexkom cult is bad, untrustworthy and only made up to damage the cult.

    It is really hard to clean someone of this brainwashing. They simply deny everthing you'd say to them and always fall back to the safe and confortable environment of the Flexkom cult. There they feel understood and strengthened by all the other people that agree that the outside world is mad, bad and dumb.

    This article has passed several times in this topic, but yet again, here's a nice article on why and how Flexkom is a cult:

    'MLM' The American Dream Made Nightmare: 'Lyoness' and its copy-cat, 'FlexKom,' have exhibited the universal characteristics of a cult.

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  4. #678
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    This is a must read. Be sure to scroll down and read comments too. (Sorry if linked previously)

    Complaint Centre Lyoness: FlexKom: the new Lyoness?

    Snippet:

    However, every now and then a scam pops up and catches our attention, because it is just so darn similar to Lyoness. FlexKom is such a scam.

    We have reported earlier that we expect the racketeers behind Lyoness to come up with a new front for their never-ending scam, much in the way like they have dealt with the problems faced earlier by GTS and Galvagin, which eventually produced Lyoness. From that perspective, we are inclined to investigate and report about scams that operate in a freakishly similar manner as Lyoness, with a near-identical disguise to cover up the fraud....................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.

  5. #679
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    While we're at it, scams of Cengiz Ehliz include:
    Querum, Germanway, Germananway, Lifestyle Club, IQ Concept, Tivibo, Flexkom

    Most of them took place in Germany. Flexkom appears to be the first international scam of Ehliz. He had some practise in Germany with all his other scams.

    I've also found this German forum:
    - 2012 startet ein neues Network Unternehmen in Deutschland... :: MLM Infos & News Community

    In November 2011 this guy started a thread about Flexkom. He announced that Flexkom would be operational by February or March of 2012. A few posts down the thread they discovered that it was famous scammer Ehliz that pulled the strings of Flexkom. The guy who is promoting Flexkom reacts similar as to how watsco and his friends respond here. He ignores all facts brought by other forum members and keeps on telling on how Flexkom would change the world and would be a gigantic succes.

    He brags about how Flexkom has got a world record on recruiting the most people within a year.

    His last post is from 15th of Februari 2012, that is over 2 years ago. Then he dissappears from the forum. His website and his Facebook page are offline. I guess he also found out that he was scammed.

    Because the previous scams of Ehliz were mostly based in Germany, there are not much GTM (= Flexkom sales reps) people in Germany. Germans know of the scams of Ehliz. People in other countries do not. Therefore it is really hard for Flexkom to recruit people in Germany. Notice how western Germany has virtually no GTM's compared to Austria (south of Germany) and Belgium & the Netherlands (west of Germany). Eastern Germany has some more GTM people. Persumably because the target cities of Ehliz his previous scams were mostly the more wealthy cities of western Germany.

    germany.jpg

    As we all know, Flexkom still is not live and operational. Flexkom has been scamming people for over 2 years in Europe, even longer in Turkey.

    Time to wake up!

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  7. #680
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Today's Next Level Broadcast was a fantastic show.

    We had John Browne an amazing Gentleman from the UK that is a Flexkom Regional Co-ordinator from south Florida as a special guest ! This Gentleman is a Harvard Business Graduate & Global Financial Consultant. Listen as he explains why he is building a world class organization with Flexkom.

    We also had Dr Joey Bird giving his keen insights into why he and many other professionals are excited to be a part of the Flexkom opportunity.

    FlexKom Next Level Team Leadership 03/04 by FK Next Level | Entrepreneur Podcasts

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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by watsco View Post
    Today's Next Level Broadcast was a fantastic show.

    We had John Browne an amazing Gentleman from the UK that is a Flexkom Regional Co-ordinator from south Florida as a special guest ! This Gentleman is a Harvard Business Graduate & Global Financial Consultant. Listen as he explains why he is building a world class organization with Flexkom.

    We also had Dr Joey Bird giving his keen insights into why he and many other professionals are excited to be a part of the Flexkom opportunity.

    FlexKom Next Level Team Leadership 03/04 by FK Next Level | Entrepreneur Podcasts
    You mean this Dr. Joey Bird of Chattanooga or another one?


    Department of Justice
    United States Attorney James R. Dedrick
    Eastern District of Tennessee
    FOR IMMEDIATE RELEASE
    Friday, May 2, 2008
    THREE SENTENCED IN TAX FRAUD CASE
    [Chattanooga, TN]– Jack Allen Nash, 58, of Apison, Tennessee; Dr. Joseph Simmons
    Bird, Jr., 46, of Chattanooga, Tennessee; and, Dr. Barry Donesky, 47 of McDonald,
    Tennessee, were all sentenced today in United States District Court in Chattanooga,
    by the Honorable Curtis L. Collier, United States District Judge.....

    Dr. Bird was sentenced to three years probation, 550 hours of communityservice, to
    perform five pro bono fertility treatments, and ordered to pay restitution of $371,069
    to the IRS. The sentences was a result of a guilty plea by Dr. Bird in January to two
    counts of failure to file income tax returns for 2001 and 2002. Dr. Bird admitted that
    he earned approximately $373,935 in 2001 and approximately $384,873 in 2002 and
    that he willfully failed to file his tax returns for 1999 through 2004.....

    This investigation was conducted by IRS Criminal Investigation. Assistant U.S.
    Attorney Gary S. Humble represented the government.
    For additional information, please contact United States Attorney James R. “Russ”
    Dedrick at 865-545-4167; Assistant U.S. Attorney Gary S. Humble at 423-752-5140;
    or, Public Information Officer Sharry Dedman-Beard at 865-545-4167.

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  10. #682
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    A little on Former Conservative MP John Browne. Now involved in FlexKom.

    The Condom queen and a shamed MP | Mail Online

    The Condom queen and a shamed MP

    Last updated at 11:43 25 January 2006

    With its rich history and graceful streets, the cathedral cityof Winchester is one of the jewels of Britain's heritage. So whatis it about their MPs?
    As Liberal Democrat Mark Oaten's marriage and political careerhang by a thread, I have news of another colourful incumbent whoalso found that marital fulfilment and politics did not mix.
    Former Tory John Browne, who stood down as the city's MP 14years ago after failing to declare earnings from a Saudi Arabianbank, is now to be found living alone with his dog in Palm Beach,Florida, after being deserted by his wealthy second wife.
    America-born condom heiress Elaine Boylen - for whom Browneabandoned his first wife - has run off with her old universitysweetheart, leaving her ex-husband rueful and bitter.
    The first that Malvern and Sandhurst-educated Browne, 67, knewof the romance was when he picked up a telephone message at homefrom property figure George Peterson III to his wife - whose familyfounded the firm that makes Trojan condoms.

    If Simon Stepsys or Mark Ghobril are involved it's 100% a SCAM!

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  12. #683
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by watsco View Post
    In fact in 20 countries it has not happened and FlexKom is 4 /12 years old now. ... They would like to have us believe that the owners are so slick that that the regulatory agencies are not able to get them. We are talking about the government here.
    Firstly, this idea that "they've been going X years, and so far no government intervention."

    This is presented as if it were a point in favour of FlexKom (or whatever scheme is under discussion). It is not.

    White collar crime, such as fraud, can take years and years to be fully resolved. The case I'm involved with dates back to 2008/2009. And there have been minor points where we're been to court, such as to force a bank to hand over account details. But mainly it's still with a company of forensic accountants. It is slow, painstaking, bureaucratic work. There could be several further years before we get to the bottom of it.

    A prime example is Bernard Madoff, whose fraud began in the mid-1980's and wasn't discovered until 2008.

    But you're right, nobody is saying that the guys at FlexKom are as "slick" in business & finance as Madoff was.

    Quote Originally Posted by watsco View Post
    ... Why not instead of us bending backwards to prove innocence from your judgments why not anyone on here show os any proof of criminal activity. ...
    The answer to this one is easy, and I already hinted at it in my previous post. Joining FlexKom is not like a court of law, where you are being threatened with a fine or jail. It is an operation where FlexKom are trying to persuade us to give them our money. We don't have to give them our money. We can walk away for any reason and no reason.

    If FlexKom want the investment money, it is incumbent upon them to convince us that it is a good idea. That is why it there is an apparency of "guilty until proven innocent".

    FlexKom are taking money from people - that much is not disputed by anybody.

    The burden of proof is reversed then: you should be able to give people good reasons to part with their money, rather than asking them to give you reasons why should keep their money. I don't need a reason to keep my money in my wallet. You need to give me a good reason to take it out.

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  14. #684
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Watsco, cant you see how ignorant and blinded you are?

    We provide you with lots of red flags on why Flexkom is a scam.
    We provide you with mathematics an logic that shows that Flexkom's business model makes no sense at all
    We provide you with history of your pimps that show that they've been involved in lots of other scams
    We provide you with lawsuits against Flexkom which Flexkom has lost

    Any sane person would conclude that Flexkom is a very bad opportunity at best, but more likely nothing more than a scam.

    And still you shut your ears and start shouting LALALALALALA WE ARE AWESOME I CANT HEAR YOU LALALALALAL like a little kid. At least, that's how I interpret your last comment.

    Why don't you want to learn and accept the facts? How difficult could it possible be?

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  16. #685
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Amazing isn't it how watsco comes here spouting the latest great news from Flexkom and what great people are behind it, and within a few minutes the "great people" are exposed for who they really are. Information available to watsco to research on his own, but won't. Talk about drinking the Kool Aid and having blinders on.

    Any other stellar people in Flexkom you would like us to do your due diligence on that you are too lazy to do? By the way, where did UGA1 and FlexkomGAUSA rah-rah supporters go? You need to come back because watsco is getting his lunch eaten.
    EagleOne
    Author: "Robbing You With A Keyboard Instead Of A Gun - Cyber Crime How They Do It" available in soft cover and eBook at Amazon.com

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  18. #686
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by Stewart View Post
    I don't need a reason to keep my money in my wallet. You need to give me a good reason to take it out.
    and none of these scammers can do that. They are going to be abysmal failures if they need to rely on sales and can't answer the simplest of questions like the ones posed here.

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  20. #687
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    So, is Flexkom legitimate or a scam? There is strong evidence of the latter but the only opinion that really matters will not come from this board. I do believe in helping Local Merchants with a viable Mobile program and loyalty system. The basic problem I have with Flexkom is how they have gone about rolling out their program so far. They go from country-to-country WITHOUT TESTING AND PROVING THEIR SYSTEM. Each time, they tout the success in PRIOR COUNTRIES as a ploy to entice INVESTORS AND MLM'ers in the new country to invest. I DO NOT LIKE THIS METHOD and do not believe the regulators will either.

    Here is a point that I have tried to get Watsco, UGA1 and FlexkomGAUSA (Flexkom's State of Georgia Sales Coordinator - I believe is his title) to address, without success:

    Flexkom has sold tens of thousands of investors, franchisees and MLM'ers on the IDEA of Mobile Marketing for Local Merchants. You see it on their Facebook pages "Mobile - the Future of Commerce" "We ARE the future of Mobile Commerce" "Flexkom - Join the Mobile Revolution, etc.

    Flexkom entered the USA market back in August of 2013 and the CEO told everyone they would probably close the country to NEW INVESTORS before the end of the year. Fast forward to March 5th, 2014 and they are STILL selling the dream to anyone that can fork over $2,200 (with the exception of a few local markets which can still sign up and pay the $2,200 and recruit elsewhere).

    We now know (from what Watsco, UGA1 and FlexKomGAUSA have posted here) the Flexkom Model has not even been proven. They are converting from a Card-based system to an App-based system. Plus, their software is still in TESTING MODE and is not ready to roll out nationwide. Instead, they have a few merchants using the system in "beta" mode.

    So, just to confirm, they are selling the opportunity at $2,200 upfront and don't even have a PROVEN SYSTEM yet!!?? And, we have asked the Promoters of the Flexkom that visit this site to provide us with documentation of registration by Flexkom in the states that require it. To date, they have not provided this information. Why?

    There are reports that some of their Top Promoters have been paid $100,000 or more. Watsco, UGA1 or FlexkomGAUSA can you confirm or deny that there are Promoters of Flexkom in the USA that have already been paid $100,000 (NET WINNERS) for SELLING the $2,200 DEAL to others (most of whom are NET LOSERS)? (Note: It appears that some of these same Top Promoters in Flexkom were also part of the Zeek Rewards Scam) If the State of Georgia forbids the selling of an OPPORTUNITY in an MLM scheme (see the post of State Laws earlier) how did the Top Promoters of Flexkom rake in so much money ALREADY when they HAVE NO PRODUCT and the SERVICE has not been fully tested. WHAT AM I MISSING HERE? It appears Flexkom is paying INVESTORS to bring in more INVESTORS. Flexkom has brought in $100 million plus (an estimate based on their reports) and basically have LITTLE TO NOTHING to show for it in terms of a viable platform/system, hence the "beta testing" in Chattanooga, TN.

    With all of that being said, it is reasonable to ask the obvious question at this point. From a regulatory point of view, what is the difference between what happened at Zeek Rewards and what is taking place at Flexkom? The members of this board have tried to bring up legitimate issues (any reasonable person would have) with Watsco, UGA1, FlexKomGAUSA and others. To date, for whatever reason, they continue to "dance around" the issues and post the same tired responses which mostly fall into the following category: "We recruited more people this week so how can it be a scam?" Yes, it has been frustrating dealing with them, to say the least. Why are they not responding? I would also like to pose this same questions to the other members of this board like :EagleOne, freighttrain, Stewart, Joe Shmoe, Whip, Nourjan, Char and ribshaw. What is the difference between the two companies in terms of regulatory compliance?

    Headline from yesterday: Clawbacks filed against Zeek insiders & winners

    the Receiver has gone after Zeek’s top net-winner affiliates.
    In addition to “baiting the hook” by creating a number of net winners, the Insiders operated the scheme with the knowing, reckless or at least negligent assistance and encouragement of a number of managers and advisors that greatly enhanced the perceived legitimacy and resulting success of the scheme.


    Source: Clawbacks filed against Zeek insiders & winners | BehindMLM
    BehindMLM: Unbiased MLM news, blog commentary and reviews also covers Flexkom for those who are interested in doing their due diligence
    FlexKom Review: Merchant network and recruitment | BehindMLM
    Last edited by MLM Broken Model; 03-05-2014 at 03:30 PM.

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  22. #688
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post
    So, is Flexkom legitimate or a scam? There is strong evidence of the latter but the only opinion that really matters will not come from this board.

    Why are they not responding?

    What is the difference between the two companies in terms of regulatory compliance?
    SCAM is a good catchall for things that ultimately will cost people money. Personally it is my opinion due to all the things you and others have uncovered that this is a recruiting scam pure and simple. Even if the product did 100% of what they claim there are still way too many folks being brought in as BMs. I would have liked to see one of the Flexkom supporters provide some hard data on revenue and users per terminal. But nothing? There can only be ONE reason for this. As with all the other questions that went unanswered and were replaced with happy talk and sales copy.

    They are responding, just not with anything that would prove to potential investors that Flexkom provides an opportunity beyond recruiting other members.

    Zeek was with a few outliers a straight up Ponzi scheme, I would classify Flexkom as more of a Pyramid at this point since they have a "product" but have not proven any significant retail revenue. Certainly there are some red flags raised by the SEC that have also been raised by the folks at Real Scam.

    This is an interesting take on Flexkom's kissin cousin. Lyoness America Violating Pyramid, Ponzi, Business Opportunity & Security Regulations? | MLM Help Desk

    My suspicion is this will end up falling under state franchise laws, but as we have all seen these things can limp along for years in the shadows. And even if an agency does finally move, chance of investors getting a clawback, usually not so good. Would be investors should demand real answers from the Flexkom people, whether here, or at their kitchen tables.

    When considering joining an MLM program, beware of these hallmarks of a pyramid scheme: (Underlining mine, not a slam dunk, but would any of these be present if someone was buying a car wash or dog groomer?)

    No genuine product or service. MLM programs involve selling a genuine product or service to people who are not in the program. Exercise caution if there is no underlying product or service being sold to others, or if what is being sold is speculative or appears inappropriately priced.

    Promises of high returns in a short time period. Be leery of pitches for exponential returns and "get rich quick" claims. High returns and fast cash in an MLM program may suggest that commissions are being paid out of money from new recruits rather than revenue generated by product sales. (Like $100,000 commission checks perhaps?)

    Easy money or passive income. Be wary if you are offered compensation in exchange for little work such as making payments, recruiting others, and placing advertisements.
    No demonstrated revenue from retail sales. Ask to see documents, such as financial statements audited by a certified public accountant (CPA), showing that the MLM company generates revenue from selling its products or services to people outside the program.

    Buy-in required. The goal of an MLM program is to sell products. Be careful if you are required to pay a buy-in to participate in the program, even if the buy-in is a nominal one-time or recurring fee (e.g., $10 or $10/month).

    Complex commission structure. Be concerned unless commissions are based on products or services that you or your recruits sell to people outside the program. If you do not understand how you will be compensated, be cautious.

    Emphasis on recruiting. If a program primarily focuses on recruiting others to join the program for a fee, it is likely a pyramid scheme. Be skeptical if you will receive more compensation for recruiting others than for product sales.
    Investor Alert:*Beware of Pyramid Schemes Posing as Multi-Level Marketing Programs
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  24. #689
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by Nourjan View Post
    Maybe it's just me but I'm really curious why FlexkomGAUSA stopped posting the moment UGA1 made his/her appearance here.Maybe either one of them would like to explain that.
    I just noticed that they both joined realscam at the end of February, and they both stopped posting here the day after they joined.

    Same behavior, same IP address, same log in times . . . I think it's obvious that FlexKomGAUSA/UGA1 is just one person pretending to be two people.

    And if he's not going to be honest about that, then why would he be honest about anything else?

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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    @ Blue Wolf If I remember correctly, FlexKomGAUSA said he was the State Manager for Georgia (maybe it was Tennessee). I understand the Beta Test in Chattanooga, TN is NOT GOING WELL. So, he is probably busy putting out the fires in his home town. Plus, I believe he is now questioning his own decision to get involved with Flexkom, as any reasonable person would at this point. Again, since he refuses to answer the questions put to him on this board, I can only venture a guess as to why. When FlexkomGAUSA and UGA1 got caught posting from the same computer within minutes of each other by the RealScam.com site moderators, I figured their days of posting on this board were numbered. And true to form.....poof, they are gone. Does anyone know the name of the State Manager in Georgia or Tennessee?

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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    @ribshaw After reading your last post, I would have to agree with you about the Ponzi Scheme vs Pyramid Scheme reference. I still believe that MOST OF THE INVESTORS IN FLEXKOM are honest people who got caught up in the hype. It all makes sense on paper and in front of a hundred fellow investors.

    However, we have given each of them a chance to review their decisions based on a lot of information that I truly believe was not available to them when they made their decision to join.
    It is NOT too late to do the right thing. IMO

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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    I am sorry, I just broke your TV :(

    FlexKom_TV.jpg
    URL: Home Page | FlexTv

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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post
    There are reports that some of their Top Promoters have been paid $100,000 or more. Watsco, UGA1 or FlexkomGAUSA can you confirm or deny that there are Promoters of Flexkom in the USA that have already been paid $100,000 (NET WINNERS) for SELLING the $2,200 DEAL to others (most of whom are NET LOSERS)?
    Do you think Dr. Joey Bird is getting compensated for his time to promote Flexkom?

    If he is, let's hope he remembers to claim that money on his income tax return.
    (See post #681 for tax fraud conviction)

    Here he is pimping Boresha MLM in 2011 which has a thread of its own. http://www.realscam.com/f9/how-they-...s-boresha-744/


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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post
    I still believe that MOST OF THE INVESTORS IN FLEXKOM are honest people who got caught up in the hype. It all makes sense on paper and in front of a hundred fellow investors.

    However, we have given each of them a chance to review their decisions based on a lot of information that I truly believe was not available to them when they made their decision to join.
    It is NOT too late to do the right thing. IMO
    This thread and the forum as a whole have a great track record of putting valuable information in front of people. There are just not that many things that pass the smell test. When I am able I like to check out whatever seminars roll through town, at the end there are usually a few people itching to take out the credit card. Most of us at one time or another have got wrapped up in some sort of nonsense. My hope is that of the 50000+ folks who read this thread, at least a few came away with enough information to either keep their money safe, or not get caught up in these type of ventures next time.

    As for doing the right thing on the side of people who recruit others into ventures either full or part time, I am not optimistic. It is great when those that promote programs show up and offer the other side to the discussion. With a few exceptions, what do we get? Pie in the sky and blaming those who fail as not working hard enough. Or blaming bloggers for being too negative, or hinting they have alternative motives to promote other programs. The websites that I have seen promoting Flexkom are from people who recruit and have recruited for numerous questionable programs. They call themselves "internet entrepreneurs" or "success coaches" and present others with opportunities to join their teams. The sites are little more than ad copy and much of it identical from page to page, right down to the Flexkom scamblogger take down.

    How many Ponzi's or Pyramids would most of us get others involved in before we took a look in the mirror, or at least a look at our method for selecting businesses? At some point, 2, 3, 5 there seems a point of no return for some, the cash or illusion of cash is just too tempting.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  33. #695
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    @ ribshaw The PROMOTERS of the Flexkom $2,200 Investment Deal have already signed up thousands of other Investors. My best guess is that Flexkom has already collected between $4 Million to $6 Million in the USA without a PROVEN MODEL or PLATFORM. At what point will the "net losers" start to put pressure on Flexkom and start demanding their money back?

    Of the 50,000+ to this thread, how many of them are starting to see the light?

    One thing is clear. This is a German based company with an office in Las Vegas. I wonder why they picked Las Vegas? (he said with a grin)

    The Promoters are posting on their Facebook pages about the Mobile Revolution and how Flexkom will help the local merchant. OK, that is all good.
    THE PROBLEM: After 4 1/2 years of collecting over $100 Million Dollars from Investors like Watsco, UGA1 and FlexkomGAUSA, HOW MANY ACTUAL LOCAL
    MERCHANTS HAVE THEY HELPED? NONE OF THEM WANT TO ANSWER THIS QUESTION. Why did Flexkom remove the tote board showing 4.5 million card customers
    and 160,000 App users from their website? The company no longer talks about the 13,500 local merchants in Turkey. Why?

    Something is seriously wrong here.

  34. #696
    Join Date
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    WE CAN LEARN FROM WHAT OTHER FLEXKOM LEADERS DID IN THE COUNTRIES LAUNCHED PRIOR TO THE USA - or can we?

    Two of the first videos used in the United States to Recruit other $2,200 investors were done by Lyndon Farrington and Karen Wade. Their Youtube videos received thousands of hits during August - December.
    Karen's Flexkom website was http://www.flexkominfo.com

    Karen was ALL EXCITED about her future with Flexkom back in March 2013
    Karen Wade · University of Plymouth
    "wow, this company is impressive. I was at the first ever 2 day UK FlexKom Academy in Birmingham on the 9th and 10th of March 2013. The CEO, Asker Sakinmaz explained the long term vision of the company and I recorded it on my video camera.....take a look and listen....much better than me trying to explain...
    Flexkominfo.com
    Reply · Like · Follow Post · March 28, 2013 at 8:45am"


    Source: FlexKom Gaining Importance in Turkey

    Karen reached the Title of Sales Manager with Flexkom. SHE HAS NOW QUIT and the website is nowhere to be found.

    Let's talk about Lyndon Farrington. He was the guy with that great Accent that just sounded so convincing. In fact, his videos are still up
    on Youtube but Lyndon is no longer promoting FLEXKOM.

    Lyndon Farrington was pitched as "one of the country leaders" in Flexkom.

    "Watch this 45 min video by one of our country Leaders, Lyndon Farrington which will tell you about the entire opportunity and get you started with an exclusive area to manage."
    Source:Become a Partner | Flexkom Review Note: You can watch Lyndon's famous video on this site.


    WHAT IS THE POINT:

    All of these people were SOLD on the Flexkom Model, concept, platform, system and management team a year ago. They have ALL LEFT! WHAT HAPPENED? What did they all learn that our friends Watsco, UGA1 and FlexkomGAUSA did not (or did and are in TOO DEEP to turn back now)?
    Last edited by MLM Broken Model; 03-06-2014 at 03:14 PM.

  35. #697
    Join Date
    Jun 2010
    Posts
    6,677
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post
    WE CAN LEARN FROM WHAT OTHER FLEXKOM LEADERS DID IN THE COUNTRIES LAUNCHED PRIOR TO THE USA - or can we?

    Two of the first videos used in the United States to Recruit other $2,200 investors were done by Lyndon Farrington and Karen Wade. Their Youtube videos received thousands of hits during August - December.
    Karen's Flexkom website was Flexkominfo.com

    Karen was ALL EXCITED about her future with Flexkom back in March 2013
    Karen Wade · University of Plymouth
    "wow, this company is impressive. I was at the first ever 2 day UK FlexKom Academy in Birmingham on the 9th and 10th of March 2013. The CEO, Asker Sakinmaz explained the long term vision of the company and I recorded it on my video camera.....take a look and listen....much better than me trying to explain...
    Flexkominfo.com
    Reply · Like · Follow Post · March 28, 2013 at 8:45am"


    Source: FlexKom Gaining Importance in Turkey

    Karen reached the Title of Sales Manager with Flexkom. SHE HAS NOW QUIT and the website is nowhere to be found.

    Let's talk about Lyndon Farrington. He was the guy with that great Accent that just sounded so convincing. In fact, his videos are still up
    on Youtube but Lyndon is no longer promoting FLEXKOM.

    Lyndon Farrington was pitched as "one of the country leaders" in Flexkom.

    "Watch this 45 min video by one of our country Leaders, Lyndon Farrington which will tell you about the entire opportunity and get you started with an exclusive area to manage."
    Source:Become a Partner | Flexkom Review Note: You can watch Lyndon's famous video on this site.


    WHAT IS THE POINT:

    All of these people were SOLD on the Flexkom Model, concept, platform, system and management team a year ago. They have ALL LEFT! WHAT HAPPENED? What did they all learn that our friends Watsco, UGA1 and FlexkomGAUSA did not (or did and are in TOO DEEP to turn back now)?
    Maybe she didn't get her Bull Shitting degree in flexkomery from the academy. Nor her 'certification'. lmao

  36. #698
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    Dec 2012
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    2,262
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post
    ... This is a German based company with an office in Las Vegas. I wonder why they picked Las Vegas? (he said with a grin)
    ...
    They registered 2 companies in Nevada, "FLEXKOM AMERICA INC." and "FLEXKOM NORTH AMERICA INC."
    online using INCORP.com incorporation service.

    Which office in Las Vegas you talking about ?
    The only address listed "2360 CORPORATE CIRCLE STE 400, HENDERSON, NV", which is not in LV and not theirs but of INCORP.com

    NV and DE states, are US version of offshores, no tax, almost impossible to prosecute the owners

    "... in all of the court cases involving a corporation, in a period of twenty years, in only one case has the piercing of a corporate veil been permitted under Nevada law, and in this single case the reason was because of fraud on the part of the corporation's owners..."

    NV20131357109
    NV20131719287

  37. #699
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    Sep 2012
    Location
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by NikSam View Post
    They registered 2 companies in Nevada, "FLEXKOM AMERICA INC." and "FLEXKOM NORTH AMERICA INC."
    online using INCORP.com incorporation service.

    Which office in Las Vegas you talking about ?
    The only address listed "2360 CORPORATE CIRCLE STE 400, HENDERSON, NV", which is not in LV and not theirs but of INCORP.com

    NV and DE states, are US version of offshores, no tax, almost impossible to prosecute the owners

    "... in all of the court cases involving a corporation, in a period of twenty years, in only one case has the piercing of a corporate veil been permitted under Nevada law, and in this single case the reason was because of fraud on the part of the corporation's owners..."

    NV20131357109
    NV20131719287
    Henderson is basically Vegas. Suite 400 is for Incorp a registered agent service. Flexkom is apparently in #280 so they may be renting independently and using their service. I can't get a straight answer.

    Has anyone called the Las Vegas Sun newspaper also conveniently located at that address on the 3rd floor to ask them to investigate?

    The squeaky wheel gets the grease!!

  38. #700
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    Sep 2013
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    Europe
    Posts
    107
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    re: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

    Quote Originally Posted by MLM Broken Model View Post

    Let's talk about Lyndon Farrington. He was the guy with that great Accent that just sounded so convincing.
    Lyndon Farrington actually started a scam of his own, completely identical to Flexkom. It's called Beepxtra. Go look it up on youtube. Should be lots of vids of Farrington bragging on how he receives phone calls of billionaires wanting to invest millions and millions in his "new" and "unique" concept of loyalty cards at small stores.

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