ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT
SEC ADVISORY
The Commission has received information that individuals or group of persons representing ALIFELONG MARKETING AND SERVICES, INC. are enticing the public to invest in the said entity. ALIFELONG claims that it is an advertising/marketing company having clientele based abroad. It guarantees to its members significant gains from their One Thousand and Five Hundred Peso (P1,500) initial investment by buying “clicking accounts” or by simply obtaining referrals.
Based on information gathered by the Enforcement and Investor Protection Department (EIPD), ALIFELONG requires its members to sign up through its website by clicking a sponsored link and purchasing an activation code worth One Thousand Five Hundred pesos (P1,500) using either bitcoin or by depositing money in certain bank accounts.
ALIFELONG claims its members may earn in 6 ways:
Sign up Reward – The member will earn Three Hundred Pesos (P300) upon registration;
Sponsoring an Affiliate Reward – The member will earn One Hundred Pesos (P100) every person he/she sponsors into the system. There are no limitations as to how many the member intends to sponsor;
Youclick Programme – all members can opt-in to join this program and can earn Five Hundred Pesos (P500) daily or Two Thousand Five Hundred Pesos (P2,500) given that they have completed the click threshold of 5,000 clicks per day for 5 business days only. The activation code to join this program is One Thousand Five Hundred pesos (P1,500) which they can get from their upline. Upon reaching the maximum earnings of Two Thousand Five Hundred Pesos (P2,500) the youclick account will cease to function or be deactivated. The member may purchase another activation code, and he/she can do the clicking again to earn Two Thousand Five Hundred (P2,500) and up to 15 youclick account activation.
Match Sales Reward – The member will earn P150 for every match in the binary structure. The maximum reward per account is Four Thousand Five Hundred Pesos (P4,500) equivalent to 30 matches per day.
Sponsorship Level Reward – The member will earn Forty Pesos (P40) on his/her first level and Ten Pesos (P10) on the 2nd up to the 10th level of the binary structure.
Leveling Bonus – The member will earn Four Hundred Pesos (P400) for every match in each level down to the 12th level of the binary structure.
The public is hereby warned that such investment schemes whether with the use of bitcoins or money are considered as securities subject to the regulatory authority of this Commission. The recruitment of investor members under the guise of sponsoring a person into the system is likewise considered a form of investment solicitation or a sale of securities. The offering or sale of securities to the public without a permit or license from the Commission is a violation of Section 8.1 of the Securities Regulation Code (SRC).
The public is hereby informed that ALIFELONG MARKETING AND SERVICES, INC., despite having been registered with the Commission as a corporation, is not authorized to solicit investments from the public as it has not secured the necessary license or permit from the Commission as required under Sections 8 and 12 of the Securities Regulation Code (SRC).
Those who act as salesman, brokers, dealers or agents of ALIFELONG MARKETING AND SERVICES, INC., in selling or convincing people to invest in the investment scheme being offered by ALIFELONG MARKETING AND SERVICES, INC. including solicitations or recruitment through the internet may likewise be prosecuted and held criminally liable under Section 28 of the Securities Regulation Code and penalized with a maximum fine of Five Million Pesos (P5,000,000.00) or penalty of twenty one (21) years imprisonment or both pursuant to Section 73 of the SRC.
Accordingly, those who invite or recruit other people to join or invest in this venture or offer contracts or securities to the public may be held liable or accordingly sanctioned or penalized in accordance with the Supreme Court decision in the case of SEC vs. Oudine Santos (G.R. No. 195542, March 19, 2014).
In view thereof, the public is hereby advised to exercise caution before investing in these kinds of activities and to take the necessary precaution in dealing with ALIFELONG MARKETING AND SERVICES, INC. or its representatives.
Should you have any information regarding the operation of the subject entity, please call the Enforcement and Investor Protection Department at telephone numbers 818-6047 or 818-6337.
Source:
http://www.sec.gov.ph/alifelong-marketing-and-services-inc/
MLM Pyramid Scam
Comprehensive blog that provides information on scams, schemes and fraud.
Multi-level marketing
Multi-level marketing or better known as MLM is a marketing strategy that makes use of two revenue streams from direct sales of the products they are selling and from the commission that is derived from the sales of recruited team members. This recruited team members is referred to as the participant's "downline", and can provide multiple levels of compensation. Most of the time to become a member the recruits would need to shell out huge about of money as membership fee and initial products to sell.
MLM is also referred as pyramid selling, network marketing, and referral marketing.
Pyramid scheme - is an illegal business model that recruits members who would need to pay a FEE to join with a promise of payments or services for enrolling others into the scheme, it does not offer any investments or sale of products or services. As recruiting multiplies, recruiting becomes saturated and it would be impossible to recruit more, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
Pyramid scheme or pyramid scam is a quick rich scheme it cannot continue very long.
Multi-level marketing (MLM) is not a Pyramid scheme - if you are engage in MLM make sure that most of the money that you make is based on your sales to the public, if it is it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it is not legitimate and it is a "pyramid scheme" (Pyramid SCAM). Pyramid schemes are illegal, and the vast majority of participants lose money.
Network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Some of the best-known companies in the US that engage in network marketing includes Avon, Mary Kay Cosmetics and Tupperware.
MLM is also referred as pyramid selling, network marketing, and referral marketing.
Pyramid scheme - is an illegal business model that recruits members who would need to pay a FEE to join with a promise of payments or services for enrolling others into the scheme, it does not offer any investments or sale of products or services. As recruiting multiplies, recruiting becomes saturated and it would be impossible to recruit more, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
Pyramid scheme or pyramid scam is a quick rich scheme it cannot continue very long.
Multi-level marketing (MLM) is not a Pyramid scheme - if you are engage in MLM make sure that most of the money that you make is based on your sales to the public, if it is it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it is not legitimate and it is a "pyramid scheme" (Pyramid SCAM). Pyramid schemes are illegal, and the vast majority of participants lose money.
Network marketing is a type of business opportunity that is very popular with people looking for part-time, flexible businesses. Some of the best-known companies in the US that engage in network marketing includes Avon, Mary Kay Cosmetics and Tupperware.
nuff
Pages
Wednesday, January 10, 2018
Alifelong Pyramid Scam, YouClick Scam
Alifelong Pyramid Scam or YouClick Scam is no longer paying its members, the pyramid has crumbled their members are crying.... See I told you so!!!!
If it looks like a scam, walks like a scam, and quacks like a scam, then it probably is a scam.
If it looks like a scam, walks like a scam, and quacks like a scam, then it probably is a scam.
Message from President Elmer Tinambacan
Alifelong Affiliates,
Babala:Basahin at intindihin ang nilalaman.
Pinapakiusapan po namin ang lahat ng miyembro na maging civil at iwasan ang pananalitang nakakasira sa kumpanya,maaring social media man ito o sa mga kakilala.
1.Si kumpanya ay matatag na ginagawan ng solusyon ang kinakaharap nitong challenges at never nitong iniwan ang lahat ng miyembro.Despite sa mga backlogs nito sa pay out na unti unting umuusad patuloy padin ang innovation nito para sa kapakanan ng lahat ng miyembro upang magkaroon ng totoong pangkabuhayan gamit ang internet.
2.Naintindihan ng kumpanya na marami ang ibang partido at individual na gustong pabagsakin si Alifelong pero kung ikaw ay miyembro ni Alifelong pero wala kang ginagawa upang protektahan ang kita mo sa kumpanya at reputasyon nito,lalo mo lamang pinapalayo sayo ang opportunity dahil maaaring magkaron ng teknikal at legal na usapin kapag lalong naging sensationalize ang issue.
3.May mga pagbabago at progreso sa likod ng kumpanya,ngunit humaharap ito sa pinakamalaking challenge kung paano mapabilis ang pag usad ng pay outs sa marami nitong mga miyembro.Hindi kailanman tinatalikuran ng kumpanya ang mga obligasyon at modelo nito sa negosyo kung kayat kailangan mong protektahan ang pera at kumpanya mo.
4.Kung nakaranas ka ng kumpanyang tinalikuran ang obligasyon nito sa mga miyembro,ang kumpanyang ito ay iba at may matibay na pundasyon tungo sa tinatahak nitong landas.Ang issue lamang ay pay out at alam ng lahat na araw araw mayroong nkakatanggap.Hindi man ganun kabilis pero siguradong makakarating sa inyo.
5.SEC advisory na iwasan ang pag enganya sa publiko ng investment sa kumpanya.Mariin pong pinapabatid ng kumpanya na hindi ito investment business,bagkus ito ay rental platform at lahat hindi ito nagbibigay ng kahit anong garantiya o tubo sa renta ng mga miyembro kundi ang kikitain nito ay nakadepende sa trabaho ng nagrentang miyembro gamit ang aming clicking platform.Iwasan po natin ang maling impormasyon nankumakalat na ang kumpanyang ito ay nagsosolisit ng investment sa publiko dahil malinaw po ang business model nito na rental platform.
6.Iwasan ang pagawa ng sariling interpretasyon at bersion sa mga kasalukuyang nangyayari lalot hindi ito galing sa management at walang basehan.Kung walang magandang maidudulot sa kumpanya at ikaw ay isang miyembro mas makakabuti kung ikaw ay magparating ng personal na concern sa management at huwag gamitin ang social media dahil ibat ibang interpretasyon,suhestiyon at pananaw lamang ang inyong makukuha.May tinalagang members hotline ang kumpanya upang magbigay kasagutan sa inyong mga concerns.
6.Kung ikaw ay may grupo na inaalagaan at ikaw ay kasalukuyan tinatanong din tungkol sa pay out dahil sa mabagal na pag usad nito,maari po kayong magpaschedule ng meeting sa management upang mas mabilis at mutual ang pagkakaunawan ng lahat.
Alifelong Management
Alifelong Affiliates,
Babala:Basahin at intindihin ang nilalaman.
Pinapakiusapan po namin ang lahat ng miyembro na maging civil at iwasan ang pananalitang nakakasira sa kumpanya,maaring social media man ito o sa mga kakilala.
1.Si kumpanya ay matatag na ginagawan ng solusyon ang kinakaharap nitong challenges at never nitong iniwan ang lahat ng miyembro.Despite sa mga backlogs nito sa pay out na unti unting umuusad patuloy padin ang innovation nito para sa kapakanan ng lahat ng miyembro upang magkaroon ng totoong pangkabuhayan gamit ang internet.
2.Naintindihan ng kumpanya na marami ang ibang partido at individual na gustong pabagsakin si Alifelong pero kung ikaw ay miyembro ni Alifelong pero wala kang ginagawa upang protektahan ang kita mo sa kumpanya at reputasyon nito,lalo mo lamang pinapalayo sayo ang opportunity dahil maaaring magkaron ng teknikal at legal na usapin kapag lalong naging sensationalize ang issue.
3.May mga pagbabago at progreso sa likod ng kumpanya,ngunit humaharap ito sa pinakamalaking challenge kung paano mapabilis ang pag usad ng pay outs sa marami nitong mga miyembro.Hindi kailanman tinatalikuran ng kumpanya ang mga obligasyon at modelo nito sa negosyo kung kayat kailangan mong protektahan ang pera at kumpanya mo.
4.Kung nakaranas ka ng kumpanyang tinalikuran ang obligasyon nito sa mga miyembro,ang kumpanyang ito ay iba at may matibay na pundasyon tungo sa tinatahak nitong landas.Ang issue lamang ay pay out at alam ng lahat na araw araw mayroong nkakatanggap.Hindi man ganun kabilis pero siguradong makakarating sa inyo.
5.SEC advisory na iwasan ang pag enganya sa publiko ng investment sa kumpanya.Mariin pong pinapabatid ng kumpanya na hindi ito investment business,bagkus ito ay rental platform at lahat hindi ito nagbibigay ng kahit anong garantiya o tubo sa renta ng mga miyembro kundi ang kikitain nito ay nakadepende sa trabaho ng nagrentang miyembro gamit ang aming clicking platform.Iwasan po natin ang maling impormasyon nankumakalat na ang kumpanyang ito ay nagsosolisit ng investment sa publiko dahil malinaw po ang business model nito na rental platform.
6.Iwasan ang pagawa ng sariling interpretasyon at bersion sa mga kasalukuyang nangyayari lalot hindi ito galing sa management at walang basehan.Kung walang magandang maidudulot sa kumpanya at ikaw ay isang miyembro mas makakabuti kung ikaw ay magparating ng personal na concern sa management at huwag gamitin ang social media dahil ibat ibang interpretasyon,suhestiyon at pananaw lamang ang inyong makukuha.May tinalagang members hotline ang kumpanya upang magbigay kasagutan sa inyong mga concerns.
6.Kung ikaw ay may grupo na inaalagaan at ikaw ay kasalukuyan tinatanong din tungkol sa pay out dahil sa mabagal na pag usad nito,maari po kayong magpaschedule ng meeting sa management upang mas mabilis at mutual ang pagkakaunawan ng lahat.
Alifelong Management
Tuesday, November 28, 2017
Alifelong Pyramid Scam, Pluggle Clone
What is Alifelong Marketing and Services Inc? According to them they are an Advertising Company who have foreign clients who buy Ads, yup sounds like Pluggle to me. I would not be surprise if Alifelong is owned by the same people who own Pluggle.
How do you make money on Alifelong?
1. Once you register in their program you will get $6. Not bad eh!
2. When someone sign up under you, you will get $2 everytime.
3. Click 2,000 Ads you get $2, click 5,000 Ads you get $10 (natuto na si Pluggle gumaya na sa mga PTC Ads na libre so pag tinanong kung may produkto may tuturo siya! lol)
4. You can also earn $0.2 cents on your sales group left and right up to 10th level
5. There's also Leveling Bonus like Pluggle you get $8 on every pairs left and right up to 12th level.
6. Minimum withdrawal is Php2,000
So what is the catch?
Just like Pluggle you need to pay Php1,500 activation fee, level up to from Php1,000 only in Pluggle and you need to also recruit other people who will pay the Php1,500 activation fee.
Copy paste na copy paste from Pluggle, lol.
Silimarities with Pluggle
1. The scheme is very identical, they just added the Paid to click Ads. A lot of reputable websites like Neobux and others offer this kind of opportunity for free.
2.They even use the same cartoon character sa Pluggle, it seems they are too lazy to change it.
ALIFELONG |
PLUGGLE |
How can you tell that this is a scam?
1. The owners or owner don't want to be identified. If you check out alifelong.asia on Whois, you won't get anything from it. Check out the name of the registrant, it's "alife long" from mexico, pampanga. It's not very credible, I would never trust your money with them.
If you click their About page the Senior Executives are Elmer Tinambacan and Venjamin Martinez? really? They don't even use believable people's name.
Check out their team JM Suba, Maki Borabon, Bob Peters, John Stevens (with a woman's picture), Billy Richards, and Jane Doe.
2. Their email address is contact@company.com and contact number is +99 555 999 and their address 123 4th floor,lemon square bldg brgy.Katipunan Edsa Munoz Quezon city. Only idiots will believe those are real.
3. Look at their two clients: James Stevens developer@yahoo.com (same photo with Billy Richards one of their team) and John Doe CEO@google.com very believable. lol
Important notes:
1. SEC has already warned people who do business like this "Consequently, those who act as salesman, brokers, dealers or agents may likewise be prosecuted and held criminally liable."
Those found guilty may face fines of up to P5 million, or a penalty of 21 years imprisonment, or both.
"Accordingly, those who invite or recruit other people to join or invest in this venture or offer contracts or securities to the public may be held liable or accordingly sanctioned or penalized," the SEC said.
2. If you use your Coins.ph account with this kind of dealings they will freeze it.
Tuesday, October 24, 2017
Pluggle is Dead
Pluggle pyramid scheme is officially dead they are done, they are or he is probably thinking of another pyramid scheme to establish after Pluggle. Poor members who have invested their hard earned Php1,000 they will never get it back, well they can always file a complaint and hire a lawyer but for Php1,000 I doubt that will ever happen but they can organize and file a lawsuit together.
On their website https://pluggle.com.ph/, they have posted an announcement that they are officialy closing their affiliate program:
"With this, Pluggle management has decided to discontinue our affiliate program and just continue Pluggle as an advertising website after we deal with the SEC issue."
I feel sorry for those people who invested in Pluggle Pyramid scheme, they will never get their money back. But they should demand it from Pluggle, they should write a Demand Letter asking for their money back. They could also pressure their upline and those who are shamelessly promoting defending Pluggle like
this dude:
FYI, I didn't search for this video, I just found it in an online forum Bitcoin Talk, they are talking about him since he's a firm defender of Pluggle he even have a large banner on the homepage of Pluggle.
https://bitcointalk.org/index.php?topic=1984198.120
Thursday, October 19, 2017
Coins.ph Issued a Warning Against Pluggle
Pluggle which is a pyramid investment scheme which has recently been warned by the SEC for soliciting investments has another headache. Their main payment method Coins.ph has also issued a warning against them. In a blog post, coins.ph distance themselves to Pluggle and said reiterated that, " Coins.ph does not offer or promote any investment products, and is not affiliated in any way with entities offering such products. All Coins.ph customers are strongly urged to apply vigilance and avoid participating in get-rich-quick and unlicensed investment schemes.
It’s tempting to believe in get-rich-quick “investment schemes” that offer easy money – especially when your friends talk about it on social media. However, we strongly urge all Coins.ph customers to watch out for schemes that promise large, guaranteed returns quickly. Before you make send money to individuals or companies promoting these services, we urge you to be vigilant and check their legitimacy."
They also said that they have zero tolerance policy on fraud and scamming practices. There are reports from Pluggle members that can no longer use coins.ph to encash. It seems that Pluggle's account have been suspended by Coins.ph.
READ THE FULL POST HERE
Thursday, October 12, 2017
SEC Issued warning Against Pluggle
The Philippine Securities and Exchange Commission (SEC) on Thursday issued a warning to people who want to invest their money in Pluggle Inc., saying the company has no authority to solicit investments.
"The public is hereby informed hat Pluggle Inc., despite having been registered with the commission as a corporation, is not authorized to solicit investments from the public", according to SEC's advisory.
This commission has received information that Pluggle's advertising website claims members can make "significant gains" from a P1,000 initial investment by simply logging on every day or by getting referrals.
"On its Facebook account, Pluggle promises a return of 30 percent to 100 percent in 12 days," the SEC said.
Pluggle members supposedly get P100 upon registration and P100 for each log on to the website, and for enticing other other people to join the investment scheme.
In an separate announcement, Pluggle cited the SEC advisory and emphasized that it "will never be" an investment company.
"The concept of Pluggle is clear and known to all. But, unfortunately, some people and sectors have misunderstood the way we do business, and maybe some members misrepresented Pluggle when talking to people," the company said.
Pluggle said that their management and their lawyers are looking into the matter and will take the necessary response and address the SEC advisory.
The SEC clarified that the company "has not secured the necessary license or permit from the commission as required under Sections 8 and 12 of the Securities Regulation Code (SRC)."
"Consequently, those who act as salesman, brokers, dealers or agents of Pluggle Inc. ... may likewise be prosecuted and held criminally liable," it added.
Those found guilty may face fines of up to P5 million, or a penalty of 21 years imprisonment, or both.
"Accordingly, those who invite or recruit other people to join or invest in this venture or offer contracts or securities to the public may be held liable or accordingly sanctioned or penalized," the SEC said.
"In view thereof, the public is hereby advised to exercise caution before investing in these kinds of activities and to take the necessary precaution in dealing with Pluggle Inc. or its representatives," it added.
Kawawa naman ang mga nabiktima! tsk tsk tsk!
Friday, October 6, 2017
Update on Pluggle Scam?
I have written a post here that explaining why Pluggle is a Pyramid Scheme, actually I'm not alone a lot of victims are now posting on Facebook and blogs about Pluggle. Even Netbusinessrating which is a very reliable review website have tagged Pluggle as illegal "This site is identified as illegal because it uses a ponzi system".
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