MLM Bot Watch 28 - The Yazoo iis past iits use by date, but we have a massive #lardon: Tragiicomic cultiic wampum floggiing scamalangadiingdongs liike Forever Living, Ariix, Herbalife, Younique, Jui

[MyCatsHateMLMtoo]

PREVIOUS THREAD HERE,

www.mumsnet.com/Talk/legal_money_matters/a2821327-MLM-Bot-Watch-27-The-Yazoo-iis-past-iits-use-by-date-but-we-have-a-massive-lardon-Tragiicomic-cultiic-wampum-floggiing-scamalangadiingdongs-liike-Forever-Living-Ariix-Herbalife-Younique-Juice?msgid=67778869#67778869

Lets keep monitoring these pesky MLMs, shining a light on their nefarious activities, and supporting bots who realise the truth and need support.

The E-Dinar stuff...

I've done a tonne of research into this for a TV blog post that will go up shortly, but essentially:

1. It's bollocks
2. The mainstream cryptocurrency experts won't touch it with a bargepole - they know it's a scam
3. You can't 'mine' currency on a normal laptop. You need £millions of processing power for cryptocurrency mining. The laptop thing is a red herring
4. There is negligible value to the currency outside of the scheme - the 'interest' comes from the new members buying in
5. I would guess that the new rules are a way of avoiding paying out as the scheme starts to collapse. Look out for new excuses: software upgrades, security breaches etc etc to stop people taking their money out of the scheme

There is at least one convicted fraudster behind this scam and it screams PONZI.

Much love,

Svetlana xxx

Thank you Svetlanahun

I wonder how much real money has been ploughed in to this scam by unsuspecting people

It's terribly sad

One woman posted that she is keeping her personal laptop open in a drawer at work all day so it can earn her interest

That's just nonsense. But they need to make people believe that it's not just a Ponzi, that they're 'doing' something. It's like that ridiculous Traffic Monsoon where you had to click on banner ads for 3 minutes a day: it didn't do a thing, but people believed it was earning them money.

They're not 'mining' currency. They're paying into a Ponzi & they will lose their money. And cryptocurrency is not regulated by the FSA so there is no protection & no redress.

They target people who know very little about cryptocurrencies. If Scousebot has even the slightest amount of expertise, he'll know that he is being taken for a ride.

x

Oh he has no expertise, poor thing, he gets by on motivational memes and blind faith

1. It's bollocks

'nuff said.

With regards to that lean coffee picture, why do they refer to the ingredients as supplement facts? Because the list of ingredients is about the only factual part of any MLM?

So I'm assuming the other Cryptocurrency MLMs like GCC and Coinspace are run in a similar fashion? When Coinspace folds it will take a lot of ex LTW Bots out with it unless they get out in time - again.

So, some of the Valentus and E-Dinar bots are evidently on a slimming product MLM crusade right now. One of the Valentus bots just posted the accompanying picture on to her FB timeline, promoting MLM cling film/poultry wrapping/slenderising product, Acti-Derm. When I first saw the photo I thought it was a parody - my eye was searching for the punchline but didn't find it. I am a bit behind the curve with the latest crackalackin and totes-amazeballs slimming fads, but this was, nevertheless, an eye-opener. I wonder if it is actual cling-film rebranded and marked-up as magical MLM slimming wrap? Totally kerrrrrrazy!!

Wow, just wow

That's just high weight cling film, surely. It looks like a promo picture from a very very low grade sci fi film.

Didn't know they were bringing back Dexter....

Now you mention it...........

That photo gave me a proper laugh out loud moment

Does anyone know anything about trademarks? I keep seeing bots put TM after their silly group names. How can I find out if something is really trademarked? Are there penalties for smashing they are TM when they aren't? It's started annoying me. I imagine it's a whole lot of trouble and money to set one up and can't imagine it's practical for your average bot.

I keep getting Facebook adverts for hair-growth coffee.

Is it just me?

What can't coffee do?! It's MAGIC!!!!

Grrr. Local FL bot put on video in Dubai packing meals for people less fortunate, very good. Kids are there, very good. However they are apparently too vain to wear the given hair nets properly. They aren't supposed to be like a hat they are supposed to hold all your hair. I'm sure that the poorer people will be ever so glad to get aloe shampooed hair in their meals. Rant!

I 'believe' that you do have to apply, Toobusy, and that it costs a .....not inconsiderable amount. I have a feeling, though, that remonstrations need to be from someone who thinks that their own business/trademark status has been damaged by use of the term incorrectly and not from the general public. (Happy to be corrected on that of course.)

It may just be a fad.

Do flp reps promote the dubai trip as a all expenses paid 'holiday'?
From all the videos and pictures I've seen it just looks like business as usual in a different location with the family dragged along too.
I can't see how anyone would watch the videos and think that it's something for them. It would put me off.

That's your problem, penny. MLMs are supposed to be everything to adherents. Their raison d'etre. If you were to talk about wanting - say - some 'time away' or some 'me time', I suspect that you'd receive a raised eyebrow from your upline.

I think you are right Cozie, from the bit of googling I did. I found out how to look up if something is trade marked but there are no consequences for putting TM when it isn't official.

toobusytowee there was a bit on the use of "TM" on one of the recent Shop Well for Less programmes. The gist is you can use TM but not R and how companies were using TM to fool the consumer into believing a product is trademarked. Here's a link that explains the gist better than I can.

m.dennemeyer.com/news-en/news/85-the-trademark-symbols-R-and-TM-why-when-and-how-to-use-them/

Toobusy

Might it be taken as 'misleading advertising' generally, though? (The ASA consider a very broad range of infractions and say themselves that 'It will rule on the basis of the likely effect on consumers, not the marketer's intentions.')

Might be worth a try if you're irritated?

That's a good idea Cozie. If someone is using 'TM' to make their product look more official and acceptable I guess the ASA might take an interest.

At least you would have tried that angle - and maybe the ASA's response might be interesting. Anyway - let us know how it goes if you decide to give it a whirl.

Also. It appears from Windy's link as if it's not just MLM adherents that may be starting down this path. That might be a point worth making - the more general application of the matter.