Behind MLM Reports: Kingdom777 “committed to blessing” Peru?

On December the 15th, after a public warning was issued by Peruvian congressman Jaime Delgado, the Peruvian government moved to ban WCM777 from operating in Peru. WCM777 (World Capital Market) offers gains of up to 300% of the people who make an investment of between $399 and $1999 (USD). It seems that, initially, the scheme […]

Source: Kingdom777 “committed to blessing” Peru?

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Behind MLM Reports: Kingdom777 blame affiliates for WCM777 Ponzi

When a Ponzi scheme starts to suspect it might be large enough to attract the attention of regulators, typically one of two things happens: The owners, who may or may not be publicly known, disappear and either shut the company down or hand it over to someone else… or Psuedo-compliance is brought in, with the […]

Source: Kingdom777 blame affiliates for WCM777 Ponzi

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Behind MLM Reports: WCM777 Ponzi rebrands as Kingdom777

One of the top two biggest MLM Ponzi schemes today, WCM777 brought in the new year by announcing it was changing its name to Kingdom777. Typically when a Ponzi scheme changes its name it’s because of a stigma attached to the old one, with WCM777 however the company is citing all manner of reasons for […]

Source: WCM777 Ponzi rebrands as Kingdom777

Read the full article and join in the discussion over at BehindMLM.