I had some errands to run so I flipped open YouTube to place one thing on within the background whereas I completed preparing.
Having been researching AIM International the day earlier than, Google’s algorithms figured I’d be enthusiastic about a brand new advertising video that includes Ed Cabantog.
Hastily AIM International’s MLM alternative being in a multitude made sense.
AIM International started to break down within the Philippines a number of years again. In early 2020 the corporate launched “Empowered Consumerism” branding.
That didn’t stick and outdoors of recruitment in India, as I discovered earlier this week, AIM International has declined into neglect.
Empowered Consumerism is a continuation of the pyramid scheme, working by itself web site area.
The explanation for that is the Alliance in Movement model is poisonous within the Philippines.
At current AIM International, marketed as Empowered Consumerism, is being promoted within the Philippines and Nigeria.
With Empowered Consumerism doubtless having run its course, Eduardo Cabantog (proper) has revealed a brand new membership scheme; OrbiXVictus.
Sure, that’s as horrible identify for an MLM alternative because it sounds.
At current OrbiXVictus is nothing greater than a Wix template web site.
Advertising movies that includes Cabantog have begun to do the rounds although. These present perception into the subsequent part of AIM International’s pyramid scheme.
Via OrbiXVictus, AIM International is advertising NDPP subscriptions.
NDPP stands for “New Division Coverage Package deal”, which is a rebranding of “Seal Professional” insurance coverage…
…which for some purpose additionally goes by “Insurtech”, all of which is purportedly provided via Igloo Insure.
Confused? Yeah, none of that is straight-forward.
Igloo Insure launched in early 2020 and function out of Singapore.
The corporate states its mission is “to offer inexpensive insurance coverage for all”. Igloo Insure particularly targets south-east Asia.
Igloo Insure themselves seem like an insurance coverage reseller:
So far as I can inform there’s no direct relationship between AIM International, Empowered Consumerism, OrbiXVictus and Igloo Insure.
Little doubt there’s kickbacks for Cabantog primarily based on what number of AIM International associates enroll although.
So what precisely is being provided?
Via SealPro, InsurTech and every other names it may be going by, an OrbiXVictus subscription offers tiers of insurance coverage:
Bronze Seal (3000 PHP yearly)
Platinum Seal (4500 PHP yearly)
Most Seal Professional (value not disclosed)
As you’ll be able to see, one of many major advantages of spending extra on Max Seal Professional is “max profit for the monetary empowerment program” – which is a flowery approach of stating “the extra you pay the extra you earn”.
On high of this you even have “safety packs”, which bundle Seal plans at a better value:
- NDPP Pack – 5999 PHP yearly, bundles three Bronze plans
- Important Safety Pack – 9990 PHP yearly, bundles two Platinum safety plans and one Bronze plan
- Enterprise Safety Pack – 29,990 PHP yearly, bundles Most Seal Professional plan, one Platinum safety plan and 9 Bronze plans
- Max-Victus Safety Pack – 69,990 PHP yearly, bundles one Most Seal Professional plan, three Platinum safety plans and twenty-six Bronze plans
Particular compensation particulars have but to be launched but it surely’s evident OrbiXVictus is a continuation of AIM International and Empowered Consumerism’s pyramid mannequin.
In the event you look again up on the “factors” referred to within the advertising slide, these correspond with AIM International’s present Empowered Consumerism pyramid commissions (unilevel/binary).
In abstract; you pay your OrbiXVictus annual payment and receives a commission to recruit others who do the identical. The extra you they usually pay in charges, the upper your commissions.
As with AIM International and Empowered Consumerism, when recruitment inevitably dries up so too will the MLM alternative.
Alliance in Movement International, via itself, Empowered Consumerism and OrbiXVictus, is one in every of longest-running MLM pyramid schemes within the Philippines to this point.
Whereas securities fraud within the Philippines is actively monitored by the Philippine SEC, sadly whoever’s in command of pyramid regulation doesn’t appear to be doing their job.