botwatch-79-the-latest-thread-in-a-very-long-series-about-the-deceptions-practised-by-mlms-unbelievably-people-are-still-being-hooked-in-by-these-schemes-where-97-of-those-who-join-lose-money

[MarchXX]

New fred!

It makes me laugh when she says ‘happy hump day’ on a Weds when she is at home every single day doing whatever she feels like

I've noticed that 2jags will only keep adulation comments on her socials then turn of the comments feature. I wonder if ots a self preservation thing? Her business is a right mess and she's a kept housewife really in the throws of her vanity project even more so than yawn. Her sm presence is dire when you listen to her

Sorry - do you mean photos of her holding a Starbucks coffee aren’t incredibly aspirational?

Castle talking about Mr Castle wanting to go car shopping for a Fugly Porsche with her. Anyone can post a picture of a car and claim they’re in the market for it but it’s really so naff to do this whether an illusion or not and I wonder if she has considered that she alienates more people than she attracts? I’m not sure even her dwindling bunch of arse lickers are going to be encouraged by this stealth boast - it isn’t 2015 anymore.

Anyway, it looks like her parents need to open their planners at the section marked “finance tracker”.

Probably a Taycan! They can’t give them away at the minute!

I’m shocked that Nurse announced she calls her son “Jew Jew” seems rather inappropriate to share given the current climate

I thought the same @Sunsea21. You’d have thought even the most challenged person would have thought that the nickname is 1) not appropriate, 2) not appropriate to share on SM, and 3) especially not right now. But this is Nurse who reads Take a Break to keep up with current affairs and who keeps reminding us that her horizons are so limited that she has no idea of what is appropriate.

Only yesterday she displayed a similar lack of awareness over the lack of the Christmas lights in Nurseville. I think her world is so tiny that she can’t stand back from it and see her errors and she can’t allow the “negativity” of critical thinking to enter her mind or accept any feedback and reflect on it. All her conversations are one way Lives. NWM has really done a number on her. It’s a good job no one is really listening to her!

NNN probably means juju, which Wiki tells me "is a spiritual belief system incorporating objects such as amulets, and spells"

Fitting.

I cringed at her son's nickname too. Is just a riff on his first name but the fact that she didn't even consider how she was spelling it and how odd that would look shows how parochial, narrow and limited her worldview is. Her life could not be less aspirational if she tried.

Have any of you encountered Genistar? They are apparently new to the UK and are FCA approved and are positioning themselves as financial advisors who will help you be guided to financial independence.

In reality, their only education seems to be to talk you into buying Vitality life insurance from them and joining their team to be your own Vitality peddler. You keep 50% from every sale apparently. And Vitality pay them £1000 for every policy sold. Which, if true, is ridiculous. Also, why would a legitimate company want to be associated and peddled by an MLM? Knowing this now definitely makes me not want to buy their product.

Castle's planner is simply a over priced bit of tat full of shit memes.

So whilst the in-crowd (2Jags and co.) spend Friday evening dining out at a FL VIP dinner I see Yawn is still slogging away with her Black Friday Sale.

She really is way down the ranks within FL isn't she.

Hmm interesting isn’t it

I’ve never come across Genistar @dillite - how interesting. It sounds like the financial services equivalent of Utility Warehouse. I shall add it to the shitlist!

Uber appears to be taking her kids on stage today to tell everyone what network marketing has done for them. I’m surprised the older two want anything to do with it, her exploitation of her kids is endless.

@dillite it rings a bell. In its FAQ it answers the question “is Genistar a pyramid scheme?” As “no, they are illegal”. The fact that is included in the FAQ tells you rather a lot. The next question is “are you an MLM company” to which answer is:

“Like any business or place of employment, there is a hierarchy at Genistar. All of our Representatives are independent contractors, and they are in charge of their own business. Some choose to share the business opportunity and develop a team of people. Others prefer to focus on spending time with their personal clients”

So that’s a yes. It also says it is regulated by the FCA. It’s a shame that no one is regulating these “not a pyramid scheme” companies while they do the same damage as the pyramid schemes they distance themselves from and while they distance themselves from their “independent contractors” activities and conduct but not from the money those activities and that conduct generates.

I saw that when I was researching them. The reason I heard of them was through an acquaintance/ almost a friend, who I was talking to and who was saying that she was in the process of retraining as a financial advisor and needed someone to practice on before her exam. So I agreed. Then on the day it was actually her Assessor that started giving me the schpiel about financial freedom and quitting my J O B and how by having Vitality is the key to financial freedom, blaaah, blaah, blaah. And then he tried signing me up and which point I said thanks, but if I had know that this is just yet another Pyramid scheme, I would have never agreed. But apparently having to pass a 50 question test makes them legit financial advisors. Even though he had no idea how wills even work- which is one of the services that they apparently provide.

God that success day is tragique. Bye bye arena, hello small half-full auditorium.

Consumer duty has changed how I run my business beyond comprehension- clarity of fees charges and client value is crucial.

Thus company will not stand the test of consumer duty. Even perceiving to give un regulated financial advice is a big no no. My professional indemnity alone would sink an mlm rep. The consequences of an upheld regulatory complaint have literally bankrupted people. Not a field to be playing shop in.

if this person providing the actual advice is not transparent then that’s a real warning sign.

Where can I see?

Always satisfying to see the venues getting smaller. 👍😎

I saw it on user's insta 🙂

Lol 🤣 was that a rather apt typo .... user/Uber

@dillite shady! I see they’re linked to Primeamerica and there are plenty of accusations of that being a pyramid scheme. @fromdownwest I can’t find them on the FCA register(unless I’m missing something). I suppose they would say their consumer is the distributor and they’re just a “training” organisation or something like that, inviting people to pay for the privilege of answering a 50 question test before going out into the world to sell financial freedom to the most financially precarious, and they can’t control anything being missold or unqualified financial advice being given. It always comes back to these companies being able to displace responsibility for their distributors conduct.

If they’re not really regulated by the FCA how does FCA feel about them stating on their website that they are?!

Actually looking on the register at Vitality reveals a few red flags…

Oh really? Like what? Probably explains why they are happy to be associated with an MLM.