ABC Programs gives no details about who owns or runs the enterprise on their web site.
The ABC Programs web site area (“theabcsystems.com”) was privately registered on February fifteenth, 2019.
Additional analysis reveals Doniel Tiggs, a outstanding ABC Programs promoter, claiming the corporate is headquartered in Hong Kong and headed up by CEO Joseph Che-Woo.
Within the US there may be additionally an ABC Programs Fort Lauderdale Coaching Heart in Florida.
No details about Joseph Che-Woo is offered. The one point out of Che-Woo in relation to ABC Programs is on Tiggs’ advertising web site.
Previous to ABC Programs, Tiggs was selling the OnPassive/GoFounders pyramid scheme. Additional again we’ve obtained Coinsinos, Crypto World Evolution, USI-Tech, World World Community and Skinny Physique Care.
Guests to ABC Programs’ web site are introduced with details about Todd Disner and Felix “Phil” Piccolo.
Disner is credited as ABC Programs’ first Seven Star ABC Director. Tiggs additionally states he’s ‘essentially the most sincere, honest, reliable and humble man you’ll ever meet‘.
This couldn’t be farther from the reality.
The 2 corporations Disner (proper) associates himself inside the MLM trade are Advert Surf Day by day and Zeek Rewards.
Of Advert Surf Day by day, Tiggs writes of Disner;
Todd’s 1st publicity to MLM was an organization referred to as Advert Surf Day by day.
Todd joined via a buddy and couldn’t consider the success of this new promoting system that individuals had been shopping for $10,000; $25,000 and $50,000 promoting packages despite the fact that folks may get began for as little as 100 {dollars}.
The success was so quick and so huge the federal government got here in and confiscated every thing.
Computer systems, cash and the homeowners had been 70 years previous. No person understood the mannequin actually for those who actually give it some thought.
Todd to today believes Advert Surf Day by day was simply forward of its time.
The explanation the “authorities got here in and confiscated every thing”, is as a result of AdSurfDaily was a Ponzi scheme.
Andy Bowdoin, proprietor of AdSurfDaily, was arrested in December 2010. He was charged and indicted on two counts of wire and securities fraud.
The DOJ alleged AdSurfDaily was a Ponzi scheme. Bowdoin plead responsible to the fees and was sentenced to 78 months in jail in August, 2012.
Regardless of Disner’s “forward of its time” declare, Ponzi schemes like AdSurfDaily have been round because the 1800s.
Of Zeek Rewards and Disner, Tiggs writes;
Years later a buddy of Todd Disner tells him about an web bidding firm ZEEK REWARDS.
Identical situation Todd buys a couple of hundred {dollars} of bids and shares this system with a couple of buddies.
He did two convention calls per week and by no means hyped something and confirmed a quite simple non hype easy presentation of how he began with only a few hundred {dollars} and proved to so many who the system was working, and folks had been being paid.
Todd solely sponsored a couple of folks largely buddies. He might have personally sponsored as many as a dozen or so folks in whole.
Nevertheless, the dozen or so folks changed into over 1,000,000 folks on his staff who bought packages for as little as $100 all the way in which to the utmost of $10,000.
He couldn’t consider the success of this firm situated in a small city with folks lining up across the Zeek Rewards workplace constructing that use to be a automotive dealership.
Folks had been sending in and bringing in thousands and thousands of {dollars}.
The native banks had been upset as a result of folks had been breaking their CDs and emptying their financial savings accounts and bringing their cash to this previous automotive dealership constructing that had over 50 folks taking in cash and processing orders.
As soon as once more with out discover the federal government got here in took all of the computer systems and seized the cash (tons of of thousands and thousands) of {dollars}.
As soon as once more, the proprietor Paul Burke was 70 and his spouse had most cancers and to today doesn’t know what he did fallacious and why this was all occurring.
Years later there isn’t any proof that Zeek Rewards was working a PONZI however simply an unimaginable success story that was stopped in its tracks with out discover.
Zeek Rewards is likely one of the most infamous MLM Ponzi schemes of all time.
The SEC shut down Zeek Rewards in August, 2012.
Regulatory investigations into Zeek Rewards revealed it was an $850 million greenback Ponzi scheme, and on the snapping point when it was shut down.
A far cry from Tiggs’ take that “Zeek was an unimaginable success story”.
Zeek Rewards’ proprietor, Paul Burks, was indicted on 4 counts of fraud in October 2014.
Burks argued his innocence and took the case to trial. A jury discovered him responsible on all 4 counts in July 2016.
In February 2017, Burks was sentenced to 14 years in jail. Opposite to Tiggs’ assertion, Burks is aware of precisely why he was despatched to jail.
At this level you could be asking your self why Disner (via Tiggs) is adamant AdSurfDaily and Zeek Rewards had been authentic companies.
It’s as a result of he was a high net-winner in each of them.
Disner escaped comparatively unscathed financially within the AdSurfDaily bust.
When regulators went after Zeek Rewards nevertheless, Disner was named an insider and accused of stealing $1.8 million.
Regardless of having the chance to defend himself, Disner opted not too.
Subsequently, default judgment within the quantity of $2.07 million was entered towards Disner in July 2014.
Disner performed dumb and tried to have the judgment overturned on the grounds
He was unaware that the time inside which he needed to reply had arrived, as he had not obtained any responsive pleadings from his co-defendants.
The court docket didn’t purchase it on the grounds Disner was personally served and “didn’t act with affordable promptness.”
Disner’s enchantment was denied in December 2014. Closing Judgment was granted in 2016.
Having to return what he stole from Zeek victims plus curiosity clearly left Disner feeling bitter, therefore the Ponzi denials.
Felix Piccolo (proper) is best identified by his alias Phil Piccolo. He’s one other Zeek Rewards net-winner who stole over 1,000,000 {dollars} from Zeek Rewards victims.
Seeing as Disner and Piccolo are each based mostly in Florida, I’m going to exit on a limb and counsel they’re really working ABC Programs.
The Hong Kong hyperlink might be a shell firm for cash laundering functions. Joseph Che-Woo, if he even exists, is probably going just a few frontman stooge Disner and Piccolo dug up.
As at all times, if an MLM firm will not be overtly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
ABC Programs Merchandise
ABC Programs has no retailable services or products, with associates solely in a position to market ABC Programs affiliate membership itself.
The ABC Programs Compensation Plan
ABC Programs associates put money into promoting packages on the promise of a 200% ROI in 100 days.
- 1 Star Promoting Bundle – make investments $500 and obtain a $1000 ROI
- 2 Star Promoting Bundle – make investments $1000 and obtain a $2000 ROI
- 3 Star Promoting Bundle – make investments $2500 and obtain a $5000 ROI
- 4 Star Promoting Bundle – make investments $5000 and obtain a $10,000 ROI
- 5 Star Promoting Bundle – make investments $10,000 and obtain a 20,000 ROI
- 6 Star Promoting Bundle – make investments $25,000 and obtain a $50,000 ROI
- 7 Star Promoting Bundle – make investments $50,000 and obtain a $100,000 ROI
Notice that associates should make investments sequentially, beginning with $500 on the 1 Star Promoting Bundle.
ABC Programs pays commissions when associates who’ve invested recruit others who do the identical.
Recruitment Commissions
ABC Programs pays a ten% fee on funds invested by personally recruited associates.
Residual Commissions
ABC Programs pays residual commissions by way of a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary staff, break up into two sides (left and proper):
The primary stage of the binary staff homes two positions. The second stage of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary staff are stuffed by way of direct and oblique recruitment of associates. Notice there isn’t any restrict to how deep a binary staff can develop.
Funding quantity is tracked throughout the binary staff based mostly on factors.
Every ABC Programs Promoting Bundle funding tier generates an equal variety of factors.
E.g. a 4 Star Promoting Bundle funding generates 4000 factors within the binary staff.
Notice that what number of factors are literally generated within the binary staff is set by how a lot an ABC Programs affiliate has invested.
If we use a 1 Star Promoting Bundle affiliate for instance, they’re certified as much as 500 factors per binary staff funding.
Which means that any extra funding quantity factors should not recorded.
E.g. if an affiliate in a 1 Star Promoting Bundle affiliate’s binary staff invests in a 3 Star Promoting Bundle (2500 factors), solely 500 factors are recorded for residual fee calculation.
With this restriction in thoughts, on the finish of every day ABC Programs tallies up new funding quantity on either side of the binary staff.
Associates are paid 10% of recorded funding quantity on their weaker binary time.
Notice that how a lot an ABC Programs affiliate has invested limits their residual fee earnings.
- 1 Star Promoting Bundle associates can earn as much as $500 a day
- 2 Star Promoting Bundle associates can earn as much as $1500 a day
- 3 Star Promoting Bundle associates can earn as much as $4000 a day
- 4 Star Promoting Bundle associates can earn as much as $9000 a day
- 5 Star Promoting Bundle associates can earn as much as $19,000 a day
- 6 Star Promoting Bundle associates can earn as much as $44,000 a day
- 7 Star Promoting Bundle associates can earn as much as $94,000 a day
Paid on quantity is then flushed from either side of the binary staff. Any leftover quantity on the stronger binary staff aspect is carried over the next day.
Notice that residual commissions rely in direction of the marketed 200% ROI paid on Promoting Bundle funding.
Becoming a member of ABC Programs
ABC Programs affiliate membership is tied to a minimal $500 funding.
Full participation within the ABC Programs MLM alternative prices $94,000.
How a lot an ABC Programs affiliate invests straight impacts their earnings potential.
Conclusion
In researching ABC Programs I felt like I’d stepped right into a time-machine. In accordance with the corporate, community advertising “wants extra Todd Disners”.
Todd Disner and Felix “Phil” Piccolo are relics of the MLM underbelly. They’re serial scammers who care about one factor – stealing as a lot cash from as many individuals as potential.
And so we now have ABC Programs, which is supposedly tied to an unnamed publicly traded pharmaceutical firm.
Todd Disner is the one who steered that The ABC Programs founders and leaders put up their publicly traded inventory as collateral towards all purchases in order that if for any cause the ABC firm didn’t fulfill the settlement to pay double the price folks would obtain the unpaid quantity within the publicly traded inventory.
So, what occurred with the 1000’s of individuals in Advert Surf Day by day and/or ZEEK REWARDS is not going to ever occur with The ABC Programs.
Disner and Piccolo would have gullible traders consider this supposedly already profitably firm is prepared to fund a 200% ROI on ABC Programs funding packages.
As a result of y’know, that’s how authentic companies work.
There’s a cause the corporate isn’t named, nor who’s behind it (together with the Hong Kong Joseph Che-Woo garbage).
Sitting on the high of ABC Programs compensation plan are a number of admin positions held by Disner and Piccolo.
Via these positions they’ll obtain nearly all of invested funds.
Between AdSurfDaily and Zeek Rewards, ABC Programs is nearer to the previous – nevertheless it’s the identical Ponzi rip-off regardless.
You make investments your cash and Disner and Piccolo steal it. A couple of early adopters will make a little bit of change however Ponzi math dictates nearly all of ABC Programs traders will lose cash.
For these of you gullible sufficient to consider there actually is a pharmaceutical firm offering ROI income, there’s nonetheless securities fraud to contemplate.
Via providing a passive funding alternative, fairly clearly ABC Programs’ MLM providing constitutes a safety.
On the time of publication neither ABC Programs, Todd Disner, Felix Piccolo or Phil Piccolo are registered with the SEC. You possibly can confirm this your self by looking out the SEC’s Edgar database.
Meaning the enterprise alternative constitutes the providing of an unregistered safety, which is unlawful.
So both you lose cash when ABC Programs inevitably collapses, or regulators will as soon as once more step in to close Todd Disner and Felix Piccolo’s scamming down.
One can hope it’s the latter, full with Andy Bowdoin and Paul Burks type jail sentences… however I’d be remiss to not acknowledge it’s greater than possible simply going to be the previous.