MLM Bot Watch 61: enquire within upon everything pyramid-shaped

[GoldenKelpie]

New Fred! Welcome all!

Previous thread: www.mumsnet.com/Talk/legal_money_matters/a3906058-mlm-bot-watch-60-it-takes-a-village-to-sink-an-island?msgid=97414452#97414452

Clever, clever system. The house never loses.

It’s almost as bad as gambling isn’t it? Although I suspect gambling gives you better odds of making six or seven figures than getting involved in MLMs / direct sales.

I'm pretty certain most Companies House records are filed online so don't see how the Covid-19 pandemic would cause a delay for anyone filing accounts going back to the previous financial year.

Unless the company needing to file it's accounts has an accounting firm where everyone is currently off on furlough, I don't see how they can't be filed by the due date as per usual practice.

www.gov.uk/government/news/companies-to-receive-3-month-extension-period-to-file-accounts-during-covid-19

One possible explanation.

Nurse is househunting in the country!
My chin feels itchy right now!

Hmmm, Have a look at The MLM police on fb.

There's a screenshot in the comments on the post about the latest Black status Younique presenter to quit.

It's eerily similar to another presenter annoucing her departure in the post below that.

I think the end is nigh for Younique!

The £18k extra claim ... I think they’ve taken the full 36 month period that you’re eligible for (if you sell £600 of gloop a month and also sell +£16k of gloop a month in your team.

So not misleading at all and totally guaranteed.

Nurse's house hunt didn't go well. She misread the price and realised she can't afford anywhere near the rental price. Nice attraction marketing there.

But she’s shortly going to be a millionaire, surely?

@BovvyDazz you're right.

£18k refers to the full 36 months. You're paid just over £500 a month for 3 years. BUT you have to maintain the CC level in order to be paid. It's not guaranteed. You could technically qualify for it and then never get it paid again if your CCs drop.

And yes it's taxable. They call it car plan but actually it's just extra earnings. Most bots put it towards a car lease.

VERY important for attraction marketing

You qualify for the 'car plan' at £500 a month and are now a superstar.

From now on:

If you fail to qualify (i.e. 4CC personal a months and 150 CCs in your 'team'), the leased car is in your name, and you've got an extra outgoing of £500 a month.

So, if you're not quite making it, either in personal CCs or your 'team' is struggling, the pressure is on to buy the balance to avoid the £500 liability, as well as put the pressure on your downline to be 'products of the products' and ' their open best customers'.

As someone said earlier, the house wins every time...

@Twentytwentyhindsight those at the top of the pyramid (i.e the CEOs) have got it all wrapped up haven’t they?

Do you mind me asking if your ex is still up to the neck in Forever Living or has she seen it for what it is?

@BSintolerant - As I shave mentioned in previous threads, since my ex became such, she acquired a new occupation that enables her to subsist (i.e. a real JOB that pays actual money, rather than CCs that cost you more than they're worth).

Whether she still 'does' FLP or not, either as a consumer or an FBO, is not something I broach when she visits the kids, as it would not lead to any constructive outcome...

@Twentytwentyhindsight ah, yes, I’d forgotten you’d mentioned a J.O.B. a while ago. Let’s hope she’s not spending her hard-earned cash on Forever Fibbing.

If only these awful schemes could be wiped out.

Yawn's latest teaser:

LEGAL HELP 🙏🏼
Do I know anyone that has legal knowledge surrounding companies going into administration & customer rights

Oddly enough I do. His hourly rate is £405 plus VAT. He’s a bit of a twat too: they’d get on famously.

Oh, Yawn’s crowing, “Handy having solicitors in the team.” Of course it is Yawn. You’ll have the whole of the Legal 500 and the Chambers directory in your team at this rate.

How many people reading this would instruct a solicitor who is involved in an MLM / direct sales?

I was once an administrator for a solicitor who was struck off for cooking the books and employment tribunal ensued. Does that count?

I have a degree in law so know lots of solicitors. One at least works in prosecuting fraudulent companies.
I was also a tax accountant for one of the Big 4 firms so know lots of people who could help in that respect too!

Getthekettleon2020

I hope you describe yourself as an “ex international top solicitor” on your CV.

No ... once you aren’t doing it any more you are a ‘Global solicitor coach and mentor’

A lot of solicitors I know who no longer practise law describe themselves in one word: happy!

Wig 'n Sleaze are in the pub. With his son who has had a heart transplant. Boasting about no social distancing. Apparently Zinzino is the cure for everything and has been endorsed by the hospital transplant team. I just can't even.....