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StartRevshare....Ken Russo pitches yet another PONZI scam.....
With the last 2 offerings, MyBinaryProfits and LikeXL being total lemons even by "player" standards serial ponzi/pyramid scheme pitchman Ken Russo is back with yet another ponzi scam to pitch....
October 15, 2015
Greetings Everyone,
My search for something different and sustainable in the
revenue share arena has led me to the StartRevshare
program which is scheduled to launch later this month
on Monday the 26th.
The program founder, Jens Steyaert, provides a level of
transparency seldom seen in the industry. I think you will
agree when you visit the website.....
https://www.startrevshare.com/?r=krusso
Step 1 - Click on the "Meet The Admin" link to see an
introductory message from Jens along with several
endorsements from folks in his network.
Step 2 - Click on the "Unique Sustainable Concept" link
to learn why StartRevshare is different.
Step 3 - Click on "Register" to join and you will receive a
welcome message along with instructions to join the Startpeeps
social network where we will find the latest news as the program
evolves.
There is certainly an Ad Pack plan for everyone starting at
only $5 as follows....
BEGINNER ---- $5
BRONZE ------- $10
SILVER --------- $20
GOLD ----------- $50
PLATINUM ---- $100
All Ad Packs mature at 150%.
Someone in the forum posted this suggestion.....
"i will still recommend to add $1 plan too. this will attract thousands
of small players to SRS and make it easier to promote and get referrals
too. just my suggestion!"
Jens response.....
That's a good point Hassan, will make sure to add a $1 package too.
Cheers, Jens
Payment methods are.....
Payza
SolidTrustPay
Perfect Money
Payeer
Bitcoin
PayPal - will be added prior to launch
We cannot fund at this time.
You will see that Jens is very active in the MMG forum. He is
receiving lots of positive comments and support there and he
is receptive to suggestions from the members.
Startrevshare - Startrevshare.com
I look forward to welcoming lots of new members to the StartRevshare
program which I believe is worthy of our support.
Ken
ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
It would be refreshing if his search for "something different" actually uncovered something other that the same old scams!!!
It seems like in this "industry" common sense is not all that common!
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
laidback
It would be refreshing if his search for "something different" actually uncovered something other that the same old scams!!!
This is all he knows how to do. He wouldn't know a real program if it sat in his lap and hit up the side of the head with a 2/4
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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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Do some research before making false accusations. The owner of startrevshare is on Facebook. His name's Jens Steyaert. He's well known on other forums such as MMG and Warrior Forum. If you look at the background how the adpack buyers will be paid you won't be calling it a ponzi scheme. Other ad share sites only rely upon people purchasing adpacks to solely pay out their members. This one takes a different approach, it'll have loads of other external income streams to pay out members, he hasn't just built startrevshare alone, he has built a network to support the members, there's startpeeps.com which behaves like facebook, and a coupon code site is in the making before launch; hence the owner seems really confident and even promises this one won't be going anywhere.
Go do more research....don't paint this one with the same brush
Last edited by jasonclark; 10-19-2015 at 11:10 PM.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
Do some research before making false accusations. The owner of startrevshare is on Facebook. His name's Jens Steyaert. He's well known on other forums such as MMG and Warrior Forum. If you look at the background how the adpack buyers will be paid you won't be calling it a ponzi scheme. Other ad share sites only rely upon people purchasing adpacks to solely pay out their members. This one takes a different approach, it'll have loads of other external income streams to pay out members, he hasn't just built startrevshare alone, he has built a network to support the members, there's startpeeps.com which behaves like facebook, and a coupon code site is in the making before launch; hence the owner seems really confident and even promises this one won't be going anywhere.
Go do more research....don't paint this one with the same brush
You apparently do not know what MMG is. If a programme is being promoted there, it is highly likely to be of a shady, deceptive nature. Combine that with our knowledge of Ken Russo's past activities and modus operandi of selectively promoting criminal schemes and avoiding honest programmes, and you can see why our general rule of thumb puts StartRevShare firmly in the "scam" box.
Than there is this from their Terms of Service agreement:
This is not an investment program/site/club of any kind. The advertising services sold through our website are not financial in nature and will not solely provide any return and may not be construed as any form of Bond, Equity, Stock, Share, Holding or Security or any other type of financial instrument held in, or at, ours or any other organisation, firm, company or institution.
Any purchases of advertising services made through our system may only be expressed in terms of an advertising expense only and must not be referred to or described as any kind of investment.
That's a load of diarrheal calf droppings. Not calling it an investment does not change the actual laws and definitions of what an investment is. Nor is it a defense should the courts or fair trade agency of a country come after Jens.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
His name's Jens Steyaert. He's well known on other forums such as MMG and Warrior Forum.
Ummnn, are you really sure you want to go with "He's well known on the MMG HYIP ponzi forum " as an endorsement of your hero ???
The MMG (MoneyMaker Group) forum doesn't do "legitimate" it only does HYIP ponzis and pyramid scams.
If YOU want to play illegal ponzi and pyramid games on any of the "usual suspect" ponzi and pyramid forum, by all means do so.
It's your money to do with as you choose.
However, don't expect to come out of the forum into the real world and expect people to believe what you're doing is either legal or a legitimate business
Originally Posted by
jasonclark
The owner of startrevshare is on Facebook.
SERIOUSLY ???
Did you type that with a straight face ??
As of the second quarter of 2015, Facebook had
1.49 billion users who had logged in to Facebook during the 30 days prior to the count
If you're going to use "he has a Facebook account" as an indicator of your standards when it comes to doing due diligence, I'd suggest you are looking down the barrel of an extended period of poverty.
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Ok fair enough about the MMG, but this guy does seem to come from an internet marketing background, has his own blog, He's well known on the top internet marketing forum, Warrior Forum. But I'd just like to know one thing, why would you call this a scam if this revshare company is backed by other external income sources from other networks (proof's in the report) and that's where all the revenue will be made to pay out members who buy adpacks to advertise their affiliate links. I don't get how this is a ponzi scheme if it's backed by external income. I'm sure people in the "real world" would understand this.
Fair do's with OTHER rev companies where they only rely on adpacks to pay out members, they have no other revenue, just from adpacks alone. And as soon as people stop purchasing adpacks it all crashes and that's when people start shouting scam.
I guess only time will tell, till now I'd like to see how it goes after the launching phase and only then I'll invest. But from my opinion the way the owner puts it, it seems legit.
I couldn't care less what this Ken Russo guy promotes, the companies don't revolve around him. I'd rather make my own judgement (can't say the same for the rest of the crowd though).
If the owner of this site really wanted to scam, he'd have used a different name etc not give his personal FB, his real name, country etc. also a well known internet marketer for helping people through his blogs. Now what I don't understand is why would he put his reputation/credibility he's built all these years in the internet marketing industry on the line just to make a quick buck from this revshare site?
Last edited by jasonclark; 10-20-2015 at 12:58 AM.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
*The owner of startrevshare is on Facebook AND his own blog?
WoW....what a achievement. Does he also have a drivers license and drink coffee?
*He's well known on other forums such as MMG."
AKA where the lowest of the low hang out. Never see a program on there not go scam.
*it'll have loads of other external income streams to pay out members
They all say that.
*and even promises this one won't be going anywhere.
Thats laughable.
*If the owner of this site really wanted to scam, he'd have used a different name etc not give his personal FB, his real name, country etc. Not put his reputation/credibility he's built all these years in the internet marketing industry on the line just to make a quick buck from this revshare site.
(25%) Real name is just part of the long con and (75% )he needs it for the processors. How much does actually make from blogging/marketing? Many just make that leap to scam=its where the $ is...
You should go all in ? or this isnt even a very original scam?
Go read the closed programs on MMG,this is just more of the same....
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
Fat City, LA
*The owner of startrevshare is on Facebook AND his own blog?
WoW....what a achievement. Does he also have a drivers license and drink coffee?
*He's well known on other forums such as MMG."
AKA where the lowest of the low hang out.
*it'll have loads of other external income streams to pay out members
They all say that.
and even promises this one won't be going anywhere.
Thats laughable.
You should go all in ? or this isnt even a very original scam?
Go read the closed programs on MMG,this is just more of the same....
Is Warrior Forum also where the lowest of the lowest hangout? Do the lowest of the lowest also create blogs to help other internet marketers with helpful tips etc? All that just to reel us into this revshare scam, all those years maybe that was his plan.Time will tell, lets see where this takes me and the other buyers
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
If the owner of this site really wanted to scam, he'd have used a different name etc not give his personal FB, his real name, country etc. Not put his reputation/credibility he's built all these years in the internet marketing industry on the line just to make a quick buck from this revshare site
Yet another example of a HYIP ponzi players' distorted "due diligence"
Do yourself a great big favour, Jason,
Google: "Andy Bowdoin", "Bernard Madoff", "Paul Burks", "Charis Johnson", "Sann Rodrigues" "Greg McKnight" and "Trevor E Reed", then come back and tell us all why someone using their real name, address and Facebook page or "putting their reputation on the line" is a marker of legitimacy.
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
Is Warrior Forum also where the lowest of the lowest hangout? Do the lowest of the lowest also create blogs to help other internet marketers with helpful tips etc? All that just to reel us into this revshare scam, all those years maybe that was his plan.Time will tell, lets see where this takes me and the other buyers
Your going to be very, very rich. I PROMISE you.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
littleroundman
Yet another example of a HYIP ponzi players' distorted "due diligence"
Do yourself a great big favour, Jason,
Google: "Andy Bowdoin", "Bernard Madoff", "Paul Burks", "Charis Johnson", "Sann Rodrigues" "Greg McKnight" and "Trevor E Reed", then come back and tell us all why someone using their real name, address and Facebook page or "putting their reputation on the line" is a marker of legitimacy.
Googled them all. Seems like they're behind bars for "milking money" from the innocents instead of paying out members and had no product to sell with no backup revenue claims. What about the likes of rest like MAP for example, why is that still operating even after it's well known? They accept paypal and why doesn't paypal get suspicious and report them to the authorities and have them wiped off the world wide web for good?
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
Fat City, LA
Your going to be very, very rich. I PROMISE you.
I'll settle with enough to get by and if I get rich, well I won't be coming here to tell you about it.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
Seems like they're behind bars for "milking money" from the innocents instead of paying out members and had no product to sell with no backup revenue claims.
They all had "product" and they all had "outside sources of income"
Well, they said they did, anyway.
What's more, they said it convincingly enough to fool millions of "jasonclark" clones.
Telexfree had "VOIP services"
AdSurf Daily had "AdPacks"
Zeek Rewards had "auction bids"
As for C.E.P. (Colon End Parenthesis) it had it all, including "outside sources of income"
In the words of the SEC litigation release
The Commission alleges that Reed and Kimbrell solicited investors to purchase CEP memberships with a minimum investment of $20 through CEP's Internet website.
On the homepage of this site, CEP claimed that investors could make the "% of an auto-surf without surfing."
In order to invest in CEP, investors were required to open and fund an account at CEP Trust, which was also owned and controlled by Reed and Kimbrell. Reed,
Kimbrell, and CEP falsely claimed to use the funds to invest in safe, "brick and mortar" type businesses, such as travel agencies and real estate.
In fact, Reed and Kimbrell invested most of the money CEP raised in other high-risk, online schemes, including auto-surf programs. Reed and Kimbrell omitted to disclose to CEP investors that CEP had no record of its investments and that neither CEP nor CEP Trust have reliable financial records.
Moreover, Reed and Kimbrell, through CEP, made numerous other misrepresentations and omissions of material facts concerning (1) the safety and rate of return of the investment; (2) the nature and merits of the investment; (3) CEP's compliance with Commission regulations; and (4) the size and scope of CEP's overall membership program.
I'm guessing by the tone of your replies and the fact you are parroting the most basic, entry level ponzi players rationalizations and justifications, you're really new at this.
I'm not predicting a long and profitable career
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Difference between startrevshare and other adshare companies which claim they have so called products but in reality all thet have are just adpacks like you claim.
Here's the list of the network where startrevshare will pay its members from the external revenue:
Social Media Platform (like Facebook)
Search engine (like Yahoo/Google/MSN)
Forum
Marketplace (like Fiverr)
Crowdfunding site (like Kickstarter)
Couponcode website (like Retailmenot)
That's the big twist
Now that's what makes me and many others think who jumped on board that this isn't a ponzi scheme. Now that is where the external revenue will be generated as the owner claims. And it's all going to be launched together with startrevshare. So are the above platforms I mentioned are scam too? Paying members for purchasing adpacks to advertise and paying us revenue generated from the above platforms is a ponzi scheme?
This one looks different to me from the rest. Like I said, only time will tell but from the above, it looks positive and I don't and many others don't see this one as a scam.
Last edited by jasonclark; 10-20-2015 at 02:27 AM.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Don't know if you have heard of a startcoin (crypto currency) community called startjoin helped fund the whole above network so these holders of startcoin can raise their coin value and all the members who backed cluelessly are also part of the scam right?
Why go through all this just to scam us? Why not simply scam us just by using adpacks :S yeah I'm new to the game, and I have had my eyes on the ones that came before, and I never fell for them.
Well the above network backed to this revshare is what's making me and most others who don't want to be scammed fall for this one
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Tell me, Jason, do you know what a "strawman" argument is ??
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
Here's the list of the network where startrevshare will pay its members from the external revenue:
Social Media Platform (like Facebook)
Search engine (like Yahoo/Google/MSN)
Forum
Marketplace (like Fiverr)
Crowdfunding site (like Kickstarter)
Couponcode website (like Retailmenot)[/B]
Where is there any evidence of any revenue coming from any of these into startrevshare?
Now that is where the external revenue will be generated as the owner claims. And it's all going to be launched together with startrevshare. ... paying us revenue generated from the above platforms
Where is there ANY evidence of this? and WHAT PERCENTAGE is coming from this? TO do that you would have to show how much is coming from subscriptions i.e. ad packs. And even then it would have to be less than fifty percent. My guess it is actually zero percent coming from other than subscriptions but it might be 1% but I dont think it is even that high.
It needs to be over 50%
Heres my prediction. You will not be able to show any money coming from other than subscriptions. If you do I will be surprised but you certainly won't be able to show more then 50%
This one looks different to me from the rest. Like I said, only time will tell but from the above, it looks positive and I don't and many others don't see this one as a scam.
LOOKS different and IS different are two DIFFERENT things!
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
why would he put his reputation/credibility he's built all these years in the internet marketing industry on the line?
Internet marketing. What is that in your book? I fear you may have been hoodwinked into a definition that is synonymous with “The Emperor’sNew Clothes.”
Marketing is
1) Identifying a product in a growth market.
2) Finding out how much customers will pay for the product and
3) Attempting to resource products to fill that gap.
Marketing lessons for pre teens. The ABC.
I opended a new thread about a book which has just hit the best seller lists in New York and Germany called "A Street Cat Named Bob." by James Bowen. Holywood has almost finished a film of the unlikely tale. James Bowen was a recovering heroin addict who found had a cat which was quite happpy to walk on a lead like a dog. Some cats will let their owners use a harness and lead. Most will not.
The book has been in the UK best seller lists for almost a year. Cat harnesses + leads is a growth market.
A marketer would find out how much people are prepared to pay cat harnesses in US and develop a product to fill the gap or resource one from established supplier.
I have lived with cats all my life and never tried to find one that adapted to a lead but my brother trained a pig to pull a cart after the war when petrol was on ration. I took the pig and cart to the shops to pick up heavy groceries. The only problem with porcine powered transport was that the pig would sit down in the middle of a road and bark ferociously at any motorist who honked his horn or tried to move him on before he had rested. Pig harnesses are not a growth market in US or UK but cat harnesses certainly are.
If you prefer to believe the Emperor's New Clothes version of marketing rather than give the matter some intelligent thought don't expect RS members to show much sympathy.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
littleroundman
Yet another example of a HYIP ponzi players' distorted "due diligence"
Do yourself a great big favour, Jason,
Google: "Andy Bowdoin", "Bernard Madoff", "Paul Burks", "Charis Johnson", "Sann Rodrigues" "Greg McKnight" and "Trevor E Reed", then come back and tell us all why someone using their real name, address and Facebook page or "putting their reputation on the line" is a marker of legitimacy.
well, let's tackle the fact as to how anyone knows it's his real name first if they are going to play that game. Then they can tell us where 'roman novak' is. lol
Haven't lost any money to online scams.......results are typical.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
[QUOTE=jasonclark;91754]Difference between startrevshare and other adshare companies which claim they have so called products but in reality all thet have are just adpacks like you claim.
Here's the list of the network where startrevshare will pay its members from the external revenue:
Social Media Platform (like Facebook)
Search engine (like Yahoo/Google/MSN)
Forum
Marketplace (like Fiverr)
Crowdfunding site (like Kickstarter)
Couponcode website (like Retailmenot)
That's the big twist
This yokel does understand the massive cost and programming hours to build everything above? Just to keep then running would require a huge staff.
It would take years to make an kind of profit.
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
Fat City, LA
This yokel does understand the massive cost and programming hours to build everything above? Just to keep then running would require a huge staff.
It would take years to make an kind of profit.
In the meantime, where's the money coming from to pay current members ??
All of these "outside sources of income" are either years away or free.
Yet, StartRevShare claims to be paying an outrageously high ROI already.
An AdSurfing ponzi by any other name is still a ponzi.
AND, it's the worst time to join any ponzi game.
* The collapse of My Advertising Pays is going to drive a lot of newbies out of the ponzi arena.
* MAP pulling out of the US is going to leave a lot of very pi**** off ponzi players out for ponzi blood.
* Black December is only a little over a month away
The only thing necessary for the triumph of evil is for good men to do nothing
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Originally Posted by
jasonclark
<snip>Do some research before making false accusations. The owner of startrevshare is on Facebook. His name's Jens Steyaert. He's well known on other forums such as MMG and Warrior Forum<snip>
Originally Posted by
jasonclark
<snip>it'll have loads of other external income streams to pay out members<snip>
Originally Posted by
jasonclark
<snip>he has built a network to support the members<snip>
Originally Posted by
jasonclark
<snip>hence the owner seems really confident and even promises this one won't be going anywhere.<snip>
Sounds great Jason.
Thanks for doing all of the research and due diligence for me.
I'm sold.
I'm on FaceBook, too!
I'm all in.
Where do I send more money than I can afford to lose as soon as possible?
SD
.
"No one in this world, so far as I know - and I have researched the records for years, and employed agents to help me - has ever lost money by underestimating the intelligence of the great masses of the plain people" - H. L. Mencken
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Re: StartRevshare....Ken Russo pitches yet another PONZI scam.....
Our friend Jason is also posting at MMG and he told Jens about RS and all our lies we are telling about SRS. Jens was kind enough to respond to Jason at MMG and here is what Jens had to say, and I quote:
"Hi Jason,
Well i read through the thread, and every valid point you make is simply disregarded so they simply don't listen to reason. They call it a Ponzi but the definition of a ponzi is simply to pay out members by revenue generated from new members enrolling in the program. So what we'll be doing is actually the opposite.
Here are 2 more arguments that will probably be disregarded or laughed away:
-> The initial idea was to simply build a network of sites and share revenue with members. Ask any of the 100+ members in my team and they can confirm that as we've been working on this for many months.
-> A scammer usually wants to make millions of dollars. I don't have that need and will live a very humble life, and the Philippines is a very cheap place to live. $2000 a month will be my income and i'm fine with that, all you'll see of me in my spare time is pictures on the beach or strolling around the city, not in front of my big mansion or expensive car.
So there you go, we have a solid business plan that will help make a lot of people a solid income and i don't care about money myself. Anybody trying to break down what we're doing here would better stop wasting his time and find a hobby that actually helps somebody else...
That's all for now, let's get back to work
Cheers,
Jens
So there you have it, straight from the admins own mouth this is not a Ponzi. Personally I was in awe of all the facts that he presented to prove SRS is not a Ponzi. I mean the mere fact that he does not take pictures of his mansion or expensive cars was what convinced me this was not a Ponzi, but I have to admit that his only taking $2K per month was also compelling as to why this is not a Ponzi. Then how could we miss that he has 100+ members on his team that can vouch that his only goal was to simply build a network of sites and share revenue with members. Hmm sounds a lot like Traffic Monsoon, MAP, MBP, insert the name of your favorite revenue sharing program here, admins all say about their programs. At least he has the lingo down, but then this is not Jens first rodeo.
I'm sure Jason believed every word
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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