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

Originally Posted by JustTooMuchTime

Speaking of numbers...

According to Targaryen's 12/12/2012 post at TalkGold:



Looks like FlexKom lost 37,000 Franchisees and 500,000 customers between RealScam FlexKom Post #9 and this post.

Looks like the math "works" for the FlexKom owners selling the Franchises at £920 a pop. Wonder if there's a commission for selling those Franchises - I'm guessing there is.

But all's good, because according to Targaryen "This is a real business with a proven track record. Looking to list on the New York Stock Exchange next year."

Targaryen - Ah, someone's been watching a bit too much of Game of Thrones.

Jason

Other sites controlled/owned by FlexKom:

Lifted from a blog by Bruce Lamb, another BB scammer...

FlexKom Business Presentations

Please Note ALL Flexkom meetings are
Business Dress Suite and Tie ( NO Jeans )
Meetings will start on time and anyone that
is even 1 min late WILL NOT be allowed
to enter the meeting that has started.


BIRMINGHAM
27th December Prompt Start at 8.00pm
Park Inn Hotel
Birmingham Road
West Bromwich
B70 6RS
Presenter IAN DRISCOLL

WEST SUSSEX
THURSDAY 28th DECEMBER
Registration from 1.30 2.00pm prompt start
VENUE TBA
West Sussex,
Presenter IAN DRISCOLL

LONDON
28th December Prompt Start 8.00
CUMBERLAND HOTEL
1 - 3 St Johns Road
HARROW
Middlesex
HA1 2EF
Presenter IAN DRISCOLL


IMPORTANT DATE
Saturday 12th January
1.00 - 3.00 Asker Sakinmas ( CEO )
Will be doing a FLEXKOM Meeting in the
Birmingham area Venue TBA

Followed by
Leadership Training 4. -5.30 In order to
attend the Leadership Meeting it is open to
S M's ONLY ( Sales Managers ) so make
certain you do not miss the 1 st Ever UK
Leadership Meeting History in the making
Become SM as soon as you can and take
some S M's to the meeting with You

History in the making?

Please Note ALL Flexkom meetings are
Business Dress Suite and Tie ( NO Jeans )
Meetings will start on time and anyone that
is even 1 min late WILL NOT be allowed
to enter the meeting that has started.

Is that a 3 piece Suite or a Two piece Suite that you need to wear. Sofa I have no idea

To be honest anyone that told me how to dress to a business meeting would be an instant no. Even as an accountant I don't wear suits anymore.

Kind of curious about the domain FlexBox24.com which redirects to FlexKom.com and is
hosted with all those FlexKom "megamall" domains on IP 46.4.104.115



Here's the Whois info for it:

Owner Contact:
Mustafa Keskin
Karle UG & Co. KG
Industriestr. 37
Neu-Ulm, 89231, DE

Punycode Name: flexbox24.com
Unicode Name: flexbox24.com

Admin Contact
Mustafa Keskin
Karle UG & Co. KG
info@karleco.de
Industriestr. 37
Neu-Ulm, 89231, DE
phone: +49.17689060260

Technical Contact
Mustafa Keskin
Karle UG & Co. KG
info@karleco.de
Industriestr. 37
Neu-Ulm, 89231, DE
phone: +49.17689060260

Zone Contact
Mustafa Keskin
Karle UG & Co. KG
info@karleco.de
Industriestr. 37
Neu-Ulm, 89231, DE
phone: +49.17689060260

info@karleco.de and keskin@flexkom.com emails are associated with most of the FlexKom megamall domains.

Mustafa Keskin is only showing as owner on FlexBox24.com and Admin and/or Tech on the others.

Hmm. Wonder if they did a little "fundraising" before they launched in 2010:



Harvard Invest s.r.o is listed as a company liquidated in 2004 here:

Originally Posted by JustTooMuchTime

Hmm. Wonder if they did a little "fundraising" before they launched in 2010:

Good find, the website associated with the Mustafa Keeskin is at Home - Karle UG & Co. KG the site is down for maintenance at the moment, there is also a fax number and address for the company

Industriestr. Thirty-seven
89231 Neu-Ulm,
Germany
Fax: +49 (0) 180-50202253285

https://plus.google.com/103302882650...ut?gl=uk&hl=en

They appear to be a commercial agency, put this into google maps "Industriestr. Thirty-seven 89231 Neu-Ulm," and it shows up what appears to be a large commercial premises.

Maybe Mustafa just registers domain names on behalf of companies.

This seems a bit similar to another business that I have been pitched to Lyoness Lyoness Cashback | Money Back With Every Purchase - Lyoness UK

According to a couple of articles on Obtainer, Flexkom has been operating in Turkey for a couple of years now.

It does seem that a lot of the Banners Broker faithful are moving over to this (or peddling both).

Originally Posted by Hypanor

According to a couple of articles on Obtainer, Flexkom has been operating in Turkey for a couple of years now.

Seems like a self-submit article site just like fake press release sites.

Originally Posted by Whip

Seems like a self-submit article site just like fake press release sites.

Don't think its quite in that category, but as many trade publications do it is possibly just a copy/pasted press release, or 'advertorial'. Obtainer is a published magazine in Europe and Middle East - started out in Germany (2006) with half a million readers, and now claims to have 2.5m readers.

From what I understand about Flexkom, it requires retailers etc to come on board for it to work - Its a loyalty card crossed with a barter card, that isn't tied into any one retailer or product, but also has its own products to sell. A little confusing but on the face of it looks legit. Its certainly quite large in Turkey, as my cousin who lives there has attested to.

Originally Posted by Hypanor

A little confusing but on the face of it looks legit. Its certainly quite large in Turkey, as my cousin who lives there has attested to.

If it is deemed legit, the next question is "is it viable?" Does your cousin know how much their charging the retailers, if anything?

Originally Posted by JustTooMuchTime

If it is deemed legit, the next question is "is it viable?" Does your cousin know how much their charging the retailers, if anything?

I should have said "legal" not "legit". Two different animals.

Originally Posted by JustTooMuchTime

If it is deemed legit, the next question is "is it viable?" Does your cousin know how much their charging the retailers, if anything?

300 euros for the terminal and a supply of loyalty cards

Originally Posted by JustTooMuchTime

If it is deemed legit, the next question is "is it viable?" Does your cousin know how much their charging the retailers, if anything?

Doesn't know much more than "heard of it, been around for a while, not involved - it's a loyallty card, aren't they all rorts to get people to buy things they don't need from people they wouldn't do business with?"

I'm trying to remember the name of the multi-retailer loyalty card that was being promoted in Aus a while back as "The Next Great Shopping Thing", it disappeared in a puff of non-interest.

Retailer pays $500 for the POS

Originally Posted by Hypanor

According to a couple of articles on Obtainer, Flexkom has been operating in Turkey for a couple of years now.

This article is bizarre:
FlexKom Gaining Importance in Turkey

They spend a huge deal of their article trying to convince people that it's not a scam.

"is so often the case, rapid growing direct sales companies and all their other forms, such as multi-level marketing, then become the object of sweeping criticism and material for sensational journalism."

"Completely with the core code of neutral and objective research, stories are written about direct sales and MLM companies in which some essential information is withheld or lumped together, even though the explanation of the detail, particularly in the networking industry, decides between black and white, legal or illegal."

I love this part:

"Everything that is not mainstream, everything that is different, is under attack. It requires no philosophical knowledge to know that it is no different with and in the networking industry. This industry therefore inevitably has to do without quality journalism."

So THAT'S the problem - no quality journalism.

I tried to read past this part, but laughter got the best of me:

"The ambitious plans of FlexKom will be observed with suspicion by competitors and media resources will even be used for defamation. "

Originally Posted by JustTooMuchTime

This article is bizarre:
FlexKom Gaining Importance in Turkey

They spend a huge deal of their article trying to convince people that it's not a scam.





I love this part:



So THAT'S the problem - no quality journalism.

I tried to read past this part, but laughter got the best of me:

Yeah. Never saw Microsoft, Google, Cisco, AMD, Intel have to do any of that. lol. They really red-flag themselves and make our job much easier.

Just come across this on https://www.facebook.com/BBWWTV

Anyone heard of 'flexkom' ? Well you will be next year! The Rugby Union have just signed up and bought 500,000 cards ! At 20% per card that's mad! .. have a nosey at this flexkomreview.org and let me know what you think... (official sitehttp://flexkom.com/) - They are filing to list on the New York Stock Exchange... 2013 is going to be huge!! (oh, and the offer has been extended until the end of the year). As you can imagine, I've had sleepless nights and cant wait!!

Really, a deal with the Rugby Union?

Originally Posted by hendyphilhendy

Just come across this on https://www.facebook.com/BBWWTV



Really, a deal with the Rugby Union?

It's certainly a load of balls...

I don't know much about the whois info but see Ian Driscoll mentioned here as owning flexcom.tel

FlexKom.tel - Flex Kom

I took the liberty of grabbing that before it goes anonymous:


Domain Name: FLEXKOM.TEL
Domain ID: D2864672-TEL
Sponsoring Registrar: ASCIO TECHNOLOGIES INC.
Sponsoring Registrar IANA ID: 106
Registrar URL (registration services): One connection domain registrar | Ascio
Domain Status: ok
Registrant ID: AT909596093372
Registrant Name: Ian Driscoll
Registrant Organization: Nexus IMG
Registrant Address1: 19 Bar house Lane
Registrant City: Utley, Keighley
Registrant State/Province: West Yorkshire
Registrant Postal Code: BD20 6HA
Registrant Country: UNITED KINGDOM
Registrant Country Code: GB
Registrant Phone Number: +44.7968006296
Registrant Facsimile Number: +44.7968006296
Registrant Email:
Administrative Contact ID: AT909596113472
Administrative Contact Name: Easily Limited
Administrative Contact Organization: Easily Limited
Administrative Contact Address1: 3rd Floor, Prospero House
Administrative Contact Address2: 241 Borough High St.
Administrative Contact City: London
Administrative Contact State/Province: N/A
Administrative Contact Postal Code: SE1 1GA
Administrative Contact Country: UNITED KINGDOM
Administrative Contact Country Code: GB
Administrative Contact Phone Number: +44.8704589450
Administrative Contact Facsimile Number: +44.8704589458
Administrative Contact Email:

The question that anyone thinking of joining FlexKom should be asking themselves is why are none of the leaders of the legitimate ecommerce world involved in this scheme? If it is so innovative, why haven't they tried to poach people from eBay, Amazon etc? This would be the normal way for a new business in the ecommerce world to proceed. Why is it full of names of serial MLMers, and others from HYIP schemes?

Equally, if it is so real and so innovative, why haven't they raised capital for it through the normal financing system? Or even crowd sourcing? Why finance it through an MLM members network? Even the legitimate MLMs have capital and production assets. The Herbalifes, Amways, Foreverlivings, etc etc of this world own factories and have production operations. It is fairly clear that operations of the FlexKom type are offering "a pay to participate in the game" opportunity, not the chance to participate/invest in a real business. As a member, what do you actually buy and what is its real value?

Red flags flying cheerfully over all the FlexKom operations and its efforts to rope in a new bunch of suckers who are unused to this kind of game, this time from Turkey.

Domain Name: FLEXKOM.TEL
Domain ID: D2864672-TEL
Sponsoring Registrar: ASCIO TECHNOLOGIES INC.
Sponsoring Registrar IANA ID: 106
Registrar URL (registration services): One connection domain registrar | Ascio
Domain Status: ok
Registrant ID: AT909596093372
Registrant Name: Ian Driscoll
Registrant Organization: Nexus IMG
Registrant Address1: 19 Bar house Lane
Registrant City: Utley, Keighley
Registrant State/Province: West Yorkshire
Registrant Postal Code: BD20 6HA
Registrant Country: UNITED KINGDOM
Registrant Country Code: GB
Registrant Phone Number: +44.7968006296
Registrant Facsimile Number: +44.7968006296
Registrant Email: