I noticed a disturbing headline on BusinessForHome at the moment;
Eric Worre Introduced As OmegaPro’s New Official Strategic Coach
OmegaPro, the Dubai-based MLM Ponzi? Oh expensive.
Seems OmegaPro isn’t the one Dubai MLM Ponzi Worre has hitched his Community Advertising Professional wagon to.
I grew to become conscious of Worre’s affiliation with OmegaPro earlier this 12 months, after he spoke at one in all their advertising occasions.
Whereas it’s disappointing to see somebody with a fame to lose in MLM communicate at a Ponzi advertising occasion, it’s not one thing BehindMLM would cowl in a stand-alone article.
Receives a commission, rah the viewers of a rip-off up, pose for photograph ops (what they’re truly paying for), and depart. It occurs extra typically than you’d suppose.
Worre’s newest transfer although goes far past that.
I’m certain OmegaPro have their very own model out, however I noticed the BFH model so we’ll work from that.
OmegaPro payments Worre as “the world’s most watched and most trusted human useful resource for intricate Community Advertising enterprise coaching and assist.”
Advertising fluff or no, it makes this all of the extra tragic;
OmegaPro has now entered right into a long run strategic teaching relationship with none apart from The Eric Worre to facilitate premium grooming for the premier neighborhood as The Official Strategic Coach A frequent speaker on the recurring OmegaPro Tremendous Coaching Collection and The World Conference – Rise –.
Eric Worre will now be greater than only a one-time expertise for the thriving neighborhood members as he slides into this magnificent position of training the lots and the highest leaders like by no means earlier than.
And this potential publicity ought to set off alarm bells;
His coaching is now considered by over 5 million folks each single week. Up to now, Worre’s Community Advertising Professional neighborhood has grown to over one million leaders from over 100 international locations all over the world.
Whereas it would choose up once more, SimilarWeb noticed a 74% stoop in visits to Community Advertising Professional’s web site from the US. The US being probably the most lively regulator of Ponzi schemes worldwide, and that brings us to OmegaPro’s enterprise mannequin.
There’s no ambiguity right here; OmegaPro is an MLM crypto Ponzi scheme, run by scammers hiding out in Dubai.
Regulators have already taken motion in opposition to OmegaPro in Nicaragua, Congo Republic (a number of arrests), Spain (two fraud warnings), Mauritius, Argentina, Colombia, France (two entries on the fraud blacklist), Peru, Belgium and Chile.
BehindMLM maintains that any MLM firm committing securities fraud does so as a result of it’s a Ponzi scheme.
Worse nonetheless, Worre intertwining his Community Advertising Professional model with fraud isn’t a one off.
I went trying on Worre’s socials to see if he’d acknowledged his place as the brand new face of MLM fraud in Dubai.
As an alternative I discovered this:
That’s Worre rubbing shoulders with GSPartners Ponzi government Dirc Zahlmann, and high earners Andrew Eaton and Bruce Hughes.
Was superior having my mentor, Eric Worre, communicate at our occasion in Dubai.
GSPartners put collectively an occasion in Dubai in early Might, to compensate for proprietor Josip Heit failing to rock as much as their Atlanta occasion in late April.
GSPartners is one other MLM crypto Ponzi scheme. GSPartners associates put money into tokens, get extra tokens passively by means of the scheme, after which hope to money out beforehand invested funds on the (more and more convoluted) backend.
SimilarWeb ranks the US as the highest supply of site visitors to GSPartners web site at 57%. Heit didn’t journey to the US for GSPartners’ Atlanta occasion as a result of… nicely, y’know.
After the GSPartners occasion and in between the OmegaPro announcement at the moment, Worre was on FaceBook exhibiting off new additions to his Las Vegas mansion.
Eric Worre ought to and does know higher. He’s been round lengthy sufficient for all the most important US MLM Ponzi busts; Zeek Rewards, TelexFree, OneCoin and BitConnect.
Zeek Rewards reached $600 million. The remainder had been multi-billion greenback MLM Ponzi schemes.
In its “Eric Worre is one in all us” press-release, OmegaPro claims to have 1.8 million traders. Whole invested funds and losses constructing within the background are unknown.
Worre sadly isn’t the one US MLM occasion common seduced by the lure of ill-gotten good points in Dubai.
I not too long ago coated Xifra Way of life’s relocation to Dubai, on the heels of founder Jonathan Sifuentes’ regulatory troubles within the US and Mexico.
Xifra Way of life and Sifuentes fleeing to Dubai noticed the corporate rebrand as Decentra. As a part of that rebrand, John C. Maxwell signed on because the Ponzi schemes’ “official mentor”.
Within the plug for his “The Energy of 5 for Community Advertising guide”, Maxwell claims;
For 30 years, John C. Maxwell has spoken at over 100 Direct Gross sales & Community Advertising firms.
He has mentored, coached, and educated the highest leaders within the trade.
Like Worre, Maxwell ought to and does know higher.
MLM Ponzi schemes searching for legitimacy by way of affiliation isn’t a brand new factor. We see sports activities groups, cost processors, charities and generally even governments dragged into fraud.
Now we now have MLM insiders, who run round claiming to be “the world’s most watched and most trusted useful resource for Community Advertising”, overtly talking and endorsing blatant MLM Ponzi schemes.
This conduct definitely helps the scammers working the Ponzis and the likes of Worre’s and Maxwell’s hip pockets.
How is it serving to the MLM trade?