Bestlife Worldwide founder and CEO Steve Moretta seems to have struck a cope with Jonathan Sifuentes.
As per a July sixth press-release, Bestlife Worldwide associates are being shuffled into Sifuentes’ Decentra Ponzi scheme.
BehindMLM reviewed Bestlife Worldwide in 2016. We discovered a dietary complement MLM opp, targeted on recruitment of “Silver” and “Gold” associates.
Based in 2009 by Steve Moretta, right now site visitors to BestLife Worldwide’s web site is so low SimilarWeb doesn’t observe it. The final submit on Bestlife Worldwide’s official FaceBook web page is dated June twenty first.
Decentra is a continuation of Jonathan Sifuentes’ Xifra Way of life Ponzi scheme. Following a regulatory crackdown in Mexico, which noticed Sifuentes arrested again in January, he fled to Dubai.
Protected within the MLM crime capital of the world, there Sifuentes rebooted Xifra as Decentra.
Though it’s based mostly out of Texas, like Decentra, Bestlife Worldwide targets Latin Individuals.
SimilarWeb at the moment tracks 88.6% of Decentra’s web site site visitors as originating from Central and South America.
Bestlife Worldwide’s “strategic alliance” with the Decentra Ponzi was first reported on BusinessForHome.
Quoting Moretta (proper) straight;
It’s a unprecedented studying expertise about new traits in finance. On this business, new applied sciences have performed an essential position in evolving the business.
I keep in mind the years when the rise of the web made the enterprise way more thrilling, and far nearer for many individuals.
I really like the idea and philosophy of Decentra the place we have now no limitations and no limits. We have now a world enterprise at our fingertips from day 1.
My objective has all the time been to assist folks obtain monetary freedom, and Decentra is a good car to try this with its instruments and particularly, its academic system.
BusinessForHome cites Diego Cajigal because the bridge between Bestlife Worldwide and Decentra.
Cajigal made a reputation for himself as a promoter of the infamous OneCoin Ponzi scheme:
Cajigal is from Ecuador, at the moment the third largest supply of site visitors to Decentra’s web site.
Along with regulatory issues in Mexico, Jonathan Sifuentes can be staring down a securities fraud lawsuit filed in opposition to him by Arizona.
I consider the actual cause Bestlife Worldwide has been swallowed up is to supply Sifuentes an inroad to the US, with out having to straight promote there.
Texas is a little bit of an odd alternative although. The Texas State Securities Board tends to be extra lively amongst US state regulators.