Prosecutors in Andorra have filed fraud prices in opposition to MWR Life prime earner Catherine Techer.
Techer was arrested in Andorra on Wednesday, July twenty seventh. She stands accused of bilking two customers out of “about €250,000 euros”.
These customers, each of that are understood to reside in Andorra, filed a grievance with authorities. That grievance result in an investigation and Techer’s arrest.
Extra victims are believed to be in France and Belgium, nevertheless complaints have but to be registered.
Techer claims to have earned “a number of million” as an MWR Life promoter for a number of years.
Techer is dealing with pyramid fraud prices that might end in a jail sentence. As reported by Altaveu, Techer is at the moment out on €500,000 EUR bail.
Techer is below home arrest at a property in La Massana. Her “high-end automotive” and Andorran financial institution accounts have been seized.
Fairly than present proof of retail gross sales to clear her title, in feedback directed to her To The High group, Techer said “MWR Life doesn’t have to show its legality and reliability.”
Techer dismissed the fees in opposition to her, stating
on-line advertising just isn’t understood in Andorra and that it’s frowned upon for a French resident to earn “a number of million”.
Techer blames her authorized troubles on “evil detractors and envy”.
The Andorran investigation purportedly uncovered widespread withdrawal delays inside the firm.
Techer has assured her downline that “funds will change into automated and common”.
Why MWR Life is having withdrawal cost issues is unclear.
I went on the lookout for info on the delays. There isn’t a details about the problem on MWR Life’s web site or social media channels.
MWR Life is run by Yoni Ashurov. When BehindMLM reviewed MWR Life in 2015, the corporate was spruiking third-party phone providers.
At present MWR Life markets itself as a WorldVentures clone, full with hand-held “you need to be right here” styled hand banners.
WorldVentures was one of many most infamous pyramid schemes seen within the MLM business.
It collapsed and filed for chapter late final yr.
Alexa visitors estimates for MWR Life’s web site reveal a nose-dive starting July 2021. Russia is at the moment the one notable supply of visitors (37%).
Given the COVID-19 international pandemic, it’s extremely unlikely MWR Life is producing the vast majority of company-wide income by way of retail journey.
We all know COVID-19 decimated what was left of WorldVentures’ enterprise. As with WorldVentures, the vast majority of MWR Life’s company-wide income is more likely to be sourced from affiliate membership packages.
If that’s the case, this may verify MWR Life is working as a pyramid scheme.
MWR did at one stage present a replica of their compensation plan to the general public on their web site. Entry has since been eliminated.
MWR Life does present a 2020 Earnings Disclosure Assertion, nevertheless it doesn’t present retail income figures. Nor has it been up to date since December 2019.