I know this won't shock regular followers of scams but I thought for anyone new to the Flexkom/MLM/Ponzi scene, this was a good read reported at Behindmlm.com Michael Sander helps ViziNova run offshore Ponzi
Michael Sander founder of The Obtainer.
Remember the Flexkom relationship with The Obtainer and the much touted award Flexkom received from this direct selling magazine, Lol.
Breaking news!!! And so typical of all the MLM/Ponzi world, flip and flop, drop and pop. If you're an Mlmer, you're perpetuating a con game and if you've recruited someone, you're a scammer too - Whether you know it YET or not. IT IS WHAT IT IS. Never met an MLM that wasn't. There are just different levels of deception.
(Editor's Note: Dateline April 28, 2014. *Russell D. Longcore, Author of this article, has resigned from FlexKom America Inc. Russell has partnered with BeepXtra as his supplier for the Cash Back Apps Customer Rewards program. Russell believes that the BeepXtra Rewards Program is superior in every way to his former supplier. Learn more for yourself by requesting an invitation. Send a text with your email address to: [edit link removed.] or send an email to: [edit. removed]. Invitations expire after 12 hours, so do not delay in viewing the information. By making a request, you agree that the email you receive is not spam.)*.....
Russell Langcore has probably recruited 20 or more investors to Flexkom with each one paying $2,200. Why? He knew about the trouble with the model in Turkey. Did he sell the deal to everyone just so he could make the "recruiting bonus" off of a few suckers?
The rats are starting to jump off the burning ship. Who will be next? Will more investors ask for their money back? Will they start filing complaints? Will the government investigate and determine Flexkom is just an illegal pyramid scheme? Will Russell and others have to pay their profits as did similar players in Zeekler?
Money game type MLM programs tend to die from the ground up. The person at the bottom finds an EVEN BETTER DEAL and becomes the FIRST TO JOIN (yes, the Ground Floor Opportunity). He/she then starts the chain letter in reverse by going to their previous UPLINE and recruiting them to greener pastures. Their "pitch" is always the same. "My sponsor made $10,000 in their first week - watch the video - participate in our hangout - join our webinar. Get in now and we will put some leaders UNDER YOU, etc". The process continues until the company is paying out more than they are receiving and the owners leave with what is left and, in turn, start yet another deal.
Seems that Fexkom is running another "special" or is it a closing down sale? Lol
If I have this correct, instead of signing up 3 who need 3 to reach sales manager position, you now just need to sign up 5 personally. Along with becoming a SM, you will receive a $1000 dollar bonus.
Signing up 5 is roughly 15k, so a 1000 bucks bonus back is roughly 14k to Flexkom founders. Hmmm
I read where they "Found their next Promoter" to open up Canada. Interesting strategy. Find a Top Money Game Player (MLM PRO) and offer them a "Billion Dollar Opportunity" which comes with the right to override all sales in their country. They call this position the Country Manager. In stock terms, this is the equivalent of a Fund Manager. Flexkom has NEVER proven their model (app-based cash back) in ANY country. So, how do they get someone to become the NEXT Country Manager with the track record to date? And, if they can do a simple Google search AND read, the warning signs are there for all to see.
Here is a Flexkom Google Hangout with Russell Longcore, Kevin Sgambelluri and New Country Manager, Phil Quay (would you buy a used car from that guy?)
Funny thing, this was aired on March 27, 2014. Less than 30 days later, Russell Longcore changed brands of kool-aid and jumped ship to join yet another app-based cash back deal, Beep Xtra.
That face....deceitfulness and fraud in the flesh. No, I would definitely not buy a used car from him. I wouldn't even ask him what time it is.
Partner in crime Russell Longcore is very critical all of a sudden on his FB site: "And finally…how long are you…the rep…willing to keep telling a story that you CANNOT verify?" And this was not the case say a couple of weeks ago? The Flexkom story has always been extremely vague and unverifiable, has always been a question of having faith and mustering uncompromising belief. The remorse of Russell the serial MLM pimp is totally unconvincing.
Phil Quay, Flexkom country manager Canada, seems to have two personalities. Look at these two pics. The first is his normal self, the second is where he is telling his Flexkom lies. The difference is striking. The lying leaves visible traces on his face. He is definitely not yet the slick liar that Cengiz Ehliz and Sakinmaz are. Which speaks for him actually. PhilQuay1.jpg
Wow. Serial MLM pimp Russell Longcore is engaged in a turf war with Flexkom now. Apparently Flexkom is a little pissed about his (justified) denouncing of them last week. What a sad and sick bunch these MLM people are. This comes from his FB page:
It Is Time To Run Up the Black Flag And Start Slitting Throats.
People in my former company (he means Flexkom, ed.) are trying their best to besmirch my reputation for leaving them and going over to the other side. They don't like the fact that the Number One cheerleader in the world jumped ship and joined BeepXtra.
Bring it, girls.
The only place all this BS matters is IN THE MARKETPLACE. And I issue this challenge to my former company:
Anytime, anywhere…bring your BEST salesman to a NEUTRAL merchant. You make your sales pitch. I will make mine. Then we will see who wins.
I promise that I will go directly at the merchants you place in Georgia. I will do my best to replace your system with mine.
Give no quarter. Take no quarter. Winner takes ALL.
NAILED IT!!! If an "opportunity" involves "recruiting" or people who only ever promote businesses that involve "recruiting" folks can comfortably walk in the other direction without missing a beat.
It is almost like Russell Longcore (and the rest of the MLM lot) are 12 years old deciding that they are going to run a lemonade stand for the summer, no mow lawns, no walk dogs. These clowns hold themselves out as some kind of experts, yet have no clue how to evaluate the merit of a business beyond the commission structure for recruiting. Wasn't he involved in Rippln or some other failed crap before Flexcon? Taking business advice from him is akin to listening to the guy that has washed dishes at every restaurant in town because he can't hold a job for more than a month. I sure hope while he is getting all huffy puffy he is refunding the suckers who relived on his "wisdom" and plunked down $2200 probably on a credit card to join FK.
All these MLM "leaders" are using their downline's money to earn their living. A recruit is simply a source of funds or leads for these sharks to whore the recruiting scheme of the day.
"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
Bonofa has a similar marketing scheme to that of Flexkom. They have yet to actually deliver a viable product. Yet, they have recruited thousands of "investors" who have paid thousands to be able to do the same - recruit other investors. When will a regulatory body in the USA pull the trigger on this deal? My guess is Flexkom will not be around in the USA much longer as the rats are jumping ship.
Russell Longcore and other self-proclaimed business experts make me sick. They don't have a clue about what it takes to run a legitimate business model.
Sell the dream - sell the lifestyle and make a bunch of dough in the process without retailing/selling any products. That model is now exposed as being a scam. Period!
Last edited by MLM Broken Model; 05-09-2014 at 11:12 AM.
That model is now exposed as being a scam. Period!
Was there ever any serious doubt about this then? I often get the feeling that in America this model is seen as 'just another way of doing business' Of course it what MLM pimp Russell likes to suggest, but is there any truth in it? With Amway being legitimised by a court ruling and the GOP heavily involved in MLM and its lobby?
I truly believe that most participants in these pyramid schemes do not understand the law. However, that is changing as the internet (and message boards like realscam.com, mlminsider.com and others) makes this information available at the click of your mouse. That was my point.
It comes down to this basic question: Would I buy this product, at this price, if there was no opportunity attached? That is the FIRST question to ask. Of course, this is an over simplification of the issue but a good rule of thumb.
Deals like Flexkom, Bonofa and Zeek, for example, don't even come close to passing that test.
Just like with Flexkom where the overwhelming majority of revenue and commissions comes from new people buying into the scheme. The promoters of Flexkom like to talk about the concept of saving the local merchants with their NEW model. That so-called model is actually just smoke and mirrors which hides the pyramid scheme model. To date, there have been millions of dollars collected in the USA from New Participants in the Scheme. Each investor paid $2,200 to be able to sell the deal to others and receive bonuses and overrides on the investors. In some cases, pyramid participants have been paid hundreds of thousands of dollars in overrides and bonuses for simply Selling the Concept to others.
Soares’ affidavit starts off by explaining TelexFree’s fraudulent business model, and concludes
(TelexFree) derived only a fraction of its revenue from VOIP services – about 1% of TelexFree’s hundreds of millions of dollars in revenue over the last two years.
The overwhelming majority of its revenue came from new people buying into the scheme. In fact, TelexFree was only able to pay the returns it had promised to its existing promoters by bringing in money from newly recruited promoters.
Hallo everybody, i'm doing some research about Flexkom and i've seen some of your comments. But i have a question and i hope somebody has the answer, what appen precisely when someone buy something with the card or app? A part of discount goes to customer account, the same amount goes to flexkom.. this amount is split into 40% to flexkom and 60% to comp plan. 20% of this 60% goes to the merchant, the same amount goes to franchise partner which affiliated the merchant, 5% to the upliner, 5% to city coordinator, 50% to comp plan. I want to know who is the upliner and how the 50% is split among flexreps.I'm sorry for (maybe) silly question, hope someone could help me.
I've made some math and it's seems for me that the merchant will lose his money if he does 5% discount without increasing his bills for about 15-20% of without having himself discount in buying the good (against the icrease of biils) that he sell for about 5% percent. Don't know if i write in a understandible way. I'm doing homeworks for merchants that will invited joining flexkom.
I want to know who is the upliner and how the 50% is split among flexreps.I'm sorry for (maybe) silly question, hope someone could help me.
We would all like to know what sort of traffic and revenue this scheme is throwing off and to who. Sadly, yet predictably, none of the Flexkon supporters that posted here answered any questions beyond the hypothetical merchant.
I'm doing homeworks for merchants that will invited joining flexkom.
Most business owners should have a feel for how much they can discount and still turn a profit. With a 50% profit margin, 10% off a $100 sale still yields $40 in profit. If the profit margin is 5% then the same 10% discount will cost the merchant ($5) on every sale. $90(Cash in) less $95(Cost of goods sold).
One of the complaints I heard about Groupon was they wanted the merchant to discount so much that the business would lose money to bring the customer in. Then the customer would never return. The other complaint was the discount drove so many customers that the business could not properly serve them. Some of the customers who got poor service got pissed off and never came back.
With FK, my guess is the merchants will tire of FK reps trying to sell them long before they ever see a mad rush of customers as no one outside of endless recruiting knows what the hell this is. You might also consider the other "discount" programs that are floating around like Lyoness and Beep Extra.
You could demand to see customer and retail data from Turkey that most closely mirrors the types of businesses you are working for. See what other markets mimic yours and get on the phone with some of the merchants for their experience. If FK can't do this it seems like you have an answer beyond just the discount.
Someone earlier in the thread pointed out some very troubling questions about IT support at FK. One final thought is if any of these programs could directly tie into an existing point of sale software. It seems hella silly to me to have a second terminal that would not only hold up the line, but may force me to do manual bookkeeping if the FK terminal and the register did not balance at the end of the shift.
Last edited by ribshaw; 05-12-2014 at 04:15 PM.
"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
I think Ribshaw made some good suggestions. I would also like to add something else to think about. Let's say:
A man tries to sell you a machine that supposedly makes money and he explains how the machine's mechanisms work. You happen to find out that same man sold thousands of similar machines in the past that were fake, stuffed with scrap metal. The people who bought his useless machines lost a lot of money and were scammed by him.
Do you think it's worth discussing the mechanisms of the machine that man is now selling, what flux capacitor model is inside it, and how many jigawatts of power it takes to operate it? That all sounds very technical, but does it really matter when you consider who is selling the machine?
If you haven't read the whole thread, the people involved with Flexkom have run similar scams before and many people lost money.
Do you think it's worth discussing the mechanisms of the machine that man is now selling, what flux capacitor model is inside it, and how many jigawatts of power it takes to operate it? That all sounds very technical, but does it really matter when you consider who is selling the machine?
I would buy a time machine from Doc Brown.........just sayin'
The only 'vision' that's a reality is taking people's money. If they are trying to say what wally wordsmith wrote is the reality, they have a long way to go.....weeks, months by their own admission.
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Kevin Sgambelluri
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