Thread: 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

It would be refreshing if his search for "something different" actually uncovered something other that the same old scams!!!

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

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

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.

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.

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?

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.

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?

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

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.

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. 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?

So he spent 3 years to build his "credibility" online at warrior forum.....I do wonder how many people followed his advice and guides and actually made any decent money doing it but that's another matter...

There is only one reason that he would risk his reputation and that reason is MONEY......

He's been doing this for a few years all up now and he probably hasn't actually made money as fast as he would like.....So he sets up a program which will allow him to make money fast....3-6months from now he could easily make 50K out of this.....Of course that would mean that thousands of people like yourself will lose money.... Jens of course will have a good story which explains the loss and then he will lead you to the next scam and the next and the next....
Or he will simply vanish never to post at Warrior forum again.....

Whatever the maximum number of add packs a member can buy you can bet that Jens has at least one account with that many working adpacks as is allowed...He may have 2 or 3 accounts....Of course he never paid for the addpacks....he just takes out the profit as though he did....

Getting the picture of how admins work yet??....How they "honestly" steal your money while you praise them and think they are awesome??....

Originally Posted by jasonclark

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.

Welcome to the thread, hope you did not leave us already. As someone in the "real world" let me start by saying I understand that when there is endless chain recruiting for fresh money it's a Ponzi/Pyramid Scam. ZERO EXCEPTIONS
Add in 150% payouts any old time (until the money coming in from said endless recruiting ends) and I'm so certain it's a scam I would mortgage my house to bet on its collapse if I could.

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)

That's the big twist

Most people are not going to come out and say they are scamming you, they will have a plausible but hard to verify story. Of course to drink from their frosty mug of infinite prosperity you have to reach into your wallet first. That is where the story comes apart quickly. The more likely scenario is all these things are "promised" to happen, but never will. Being in the real world, can you point us to an independent auditor that has signed their name to any of these claims? All of this would need to be registered with the SEC so that would be a good place dig up the financials.

Really though, if dude was running all these businesses what on earth does he need your $100 for? Couldn't he just send you $50 any time he was feeling all sharey

Then we can come back to which institution is holding all the funds and generating the reports. Please tell me it isn't the admin as that leads to all sorts of defalcation.

*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....

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

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.

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.

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

.

Originally Posted by jasonclark

Do some research before making false accusations.

but yet you came here and did it anyway.

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

G'day Jason and welcome to RealScam forum...I hope your stay here will be an educational one

Lets do some research or Due Diligence as we call it together....

BTW...Nice pic in your avatar here....pity is not you....Comes from a site that does celebrity look alikes.....Research is fun when you know how...LOL


Yes Jens Steyaert has a blog....He started it in May 2015...about the same time his MMG user name was born....funny that....

Yes I have seen him on warrior forum for the past 3 years....What he posts may impress those new to all this like yourself but to me what he posts is just worms on the hook to keep newbies thinking they can make a fortune online......None of it is real....
This is all done to build a profile so that now 3 years later people like you will trust him....

And at MMG he also made a few posts looking for a following....Really didn't work....Only thing he got out of it was that when thread started for his program he was an admin who didn't join the day b4 and it wasn't his first post.....

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

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.

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!

[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.

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]

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.

Well Jason I have seen this same story used b4....Can't remember the program but the admins name I think was something Bell.....Was maybe 3 years ago at MMG....Same story...guy turns up thinking he knew it all...Claimed much the same outside income....Of course it was all BS....
One of the other members here at RS might remember who I'm talking about....

So lets look at these outside revenue streams....Ask yourself 3 questions here....

1)How much actual income can be earned from the above list??.....

2)How long does it take to build it up to where it generates enough income to cover the returns promised??...

3)How are members paid while these outside revenue streams are being built up??....