My Freedom in 365 offers no info on its web site about who owns or runs the corporate.
In actual fact as I write this, My Freedom in 365’s web site is nothing greater than an affiliate login and/or recruitment seize web page.
My Freedom in 365’s web site area (“myfreedomin365.com”) was registered with incomplete info on September fifth, 2019.
In researching My Freedom in 365 I got here throughout a Fb group linked off what seems to be the corporate’s official Fb web page (deserted as of April 2020).
The group is called “The Freedom in 365 Motion” and has 8409 members.
Admins of the group are:
- Anthony Newson
- Thaddeus Shockley Jr.
- Tremelle Williams
- Darren Cooper
- Anthony Mitchell
- Jermaine Taylor
- Rick LitoTdc
- Tre Swaii
- Well-known Amos (alias)
- Mark Lee Jr.
- Portia Shena Williams
- Shay Hargett
Presumably a number of of those group admins are concerned in operating My Freedom in 365, or are working carefully with whoever is.
As per My Freedom in 365’s web site phrases and situations, the corporate is “headquartered within the state of Tennessee”.
On the time of publication Alexa ranks the US as the one important supply of visitors to My Freedom in 365’s web site (83%).
As at all times, if an MLM firm just isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
My Freedom in 365
My Freedom in 365 has no retailable services or products, with associates solely capable of market My Freedom in 365 affiliate membership itself.
My Freedom in 365 affiliate membership offers entry to “audios, movies, software program, photos, internet collections, books, journals, instructing supplies and different assets”.
My Freedom in 365’s Compensation Plan
My Freedom in 365 associates join both $14.95 (Professional) or $100 a month (Platinum).
- a 40% fee is paid on private recruitment of a Professional affiliate
- a 50% fee is paid on private recruitment of a Platinum affiliate
These commissions are paid so long as recruited associates proceed to pay month-to-month affiliate charges.
Along with pyramid recruitment, My Freedom 365 associates additionally take part in a eight-tier 2×2 matrix Ponzi cycler.
A 2×2 matrix locations a My Freedom in 365 affiliate on the high of a matrix, with two positions immediately beneath them:
These two positions kind the primary stage of the matrix. The second stage of the matrix is generated by splitting these first two positions into one other two positions every.
Positions within the matrix are stuffed through place purchases by newly recruited and current My Freedom in 365 associates.
Returns are generated on the second stage of the matrix, equating to a 400% ROI when all 4 positions are stuffed.
That is known as a “cycle”. Word that one of many 4 funds is used to create a brand new place on the identical cycler tier.
Funds throughout all eight My Freedom in 365 cycler tiers are as follows:
- Center College (positions price $10) – $30 cycle fee and generates a brand new Center College tier place
- Freshman (positions price $25) – $75 cycle fee and generates a brand new Freshman tier place
- Sophomore (positions price $50) – $150 cycle fee and generates a brand new Sophomore tier place
- Junior (positions price $100) – $300 cycle fee and generates a brand new Junior tier place
- Senior (positions price $250) – $750 cycle fee and generates a brand new Senior tier place
- Faculty (positions price $500) – $1500 cycle fee and generates a brand new Faculty tier place
- Bachelor (positions price $1000) – $3000 cycle fee and generates a brand new Bachelor tier place
- Grasp (positions price $2500) – $7500 cycle fee and generates a brand new Grasp tier place
Becoming a member of My Freedom in 365
My Freedom in 365’s two paid affiliate memberships are $14.95 a month or $100 a month.
The distinction between My Freedom in 365’s two paid membership tiers is what you get entry to.
The completely different providers supplied to $14.95 and $100 a month memberships just isn’t supplied on My Freedom in 365’s web site.
Full participation in My Freedom in 365’s Ponzi cycler prices an extra $4435.
There may be additionally a free My Freedom in 365 membership tier. What free associates get entry to just isn’t disclosed on the corporate’s web site.
Conclusion
Being a blatant Ponzi scheme using parts of equally unlawful money gifting, it’s little marvel My Freedom in 365 don’t present particulars on their web site.
From what I collect My Freedom in 365 is primarily promoted and run via social media.
In any occasion Ponzi cyclers represent an funding contract beneath securities legislation. Based mostly on its official Fb group, My Freedom in 365 primarily has US admins and is being promoted to US residents.
This brings it beneath the jurisdiction of the SEC. My Freedom in 365 just isn’t registered with the SEC.
Because of this My Freedom in 365, its proprietor(s) and promoters are committing securities fraud.
With respect to the specifics of what makes My Freedom in 365 a Ponzi cycler, this is because of associates paying in and people funds getting used to pay returns to those that purchased cycler positions earlier than them.
The uncooked math is 300% of what’s paid in per cycle, with one other fee used to create a brand new cycler place (successfully paying one other affiliate’s return).
100% of funds used to buy positions is what qualifies My Freedom in 365 as a gifting scheme.
You perceive that all funds made to you as an Impartial Enterprise Proprietor, are created from different Members and/or different Impartial Enterprise Homeowners inside the My Freedom In 365 platform.
On high of that you’ve got commissions paid on affiliate memberships, creating a 3rd layer of fraud through pyramid recruitment.
Earlier than scammers selling My Freedom in 365 rush to remark, let me state that including services to fraudulent enterprise fashions doesn’t legitimize them.
You perceive that by becoming a member of the web educational-entrepreneurship platform you might have and/or could acquire entry to audios, movies, software program, photos, internet collections, books, journals, instructing supplies and different assets included on this web site.
Utilizing new funding to pay returns (via a cycler or another mannequin)? Ponzi scheme.
Transferring funds from one affiliate investor to a different? Gifting scheme.
Paying recruitment on affiliate membership charges? Pyramid scheme.
The providers and digital library My Freedom in 365 doesn’t change any of the above statements.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
Being a Ponzi cycler, it will present itself by the use of matrices beginning to stall. Over time sufficient matrices will stall, inflicting an irreversible collapse.
The Firm doesn’t present refunds of any sort, on any audios, movies, software program, photos, internet collections, books, journals, instructing supplies and/or different assets bought.
ALL SALES ARE FINAL.
The maths behind Ponzi schemes ensures that once they collapse, nearly all of contributors lose cash.