Frustrated network marketer, it is vitally important that words you use are backed by action or they are just a sequence of letters put together to spell words that are intended to be used to draw on unsuspecting victims into a web of deceit and MLM scams.
The correspondence below is from the owner of Ad-Ventures4U, Steve Smith and is a plea to the members of his honesty and integrity.
to David Mills
show details 2/23/09
We play no favourites at http://ad-ventures4u.com , we all get paid the same. It does not matter if you are the first or the last to join because we pay a % and everyone makes the same %. You are doing a pay run tonight at midnight eastern and as long as you have upgraded you can earn on this pay run.
So start earning online today, we built this so that everyone could earn and not have to spend hours promoting or advertising, now if you do promote it does help you because you get a 15% referral bonus on all upgrades you put into our company.
We are built on honesty and integrity, we do what we say and do it right. We have done all pay runs, all payouts, answered all support tickets in a timely manner. We don’t play because we are here for the long haul. So join us and start earning now online. Steve Smith Owner
I am sure that the above plea would not have been needed if there had been true integrity and honesty in the past. To me this is a red flag. The plea is there for the owner to convince himself, as well as those they are trying to recruit into the opportunity, that there is honesty and integrity in this business. This plea would not have been necessary if past actions proved there was integrity and honesty.
Ad-Ventures4u was supposed to be extreme revenue share but the rules changed as time passed and the revenue sharing disappeared along with the money that had been invested. Whether the owner realized it or not the business model he created was a ponzi. Upon further investigation the advertising revenue that the site produced was about $415 a day. It is apparent that the extreme revenue sharing could not be supported from the advertising revenue so to support the payouts the owner used the money from the ventures purchased.
In the very beginning Ad-Ventures4u was advertised as an “Extreme Revenue Share” site where you could invest and receive a return on your investment. Once the owner realized that the cash was running out he stated on the front page of the site “NOTICE WE MOVED TO PANAMA FEB 1ST-2009 YOU ARE NOT GUARANTEED ANY INCOME–YOU ARE PURCHASING ADVERTISING” Making this change does not protect the owner from the legal issues created from an illegal business model, because it began illegally, trying to make the changes to bring it into the legal realm makes no difference, the fact that it was an illegal entity, in the very beginning, is all the authorities are concerned with.
I believe that the owner realized from the beginning that the business model was illegal and is now trying to justify his actions. As the rules changed a confusing description of “in profit” or “not in profit” surfaced which took those, that did not understand what was meant, off their feet giving him the time to perpetrate his crime.
To those that continued to promote and managed to get some unsuspecting people to invest heavily may find themselves in great difficulty in the future. If the owner is indicted in the future and turns over the database to the authorities to make a deal, those named may receive a subpoena to appear in court and give testimony to answer for their actions and participation in the crime. As a participant you may be required to pay back, those that have lost money because of your actions, and may be required to spend time in prison for your actions as well. In one article I read stated courts do not accept ignorance as an excuse for you actions.
If you research Ad-Ventures4u you will find the owner to be “Steve Ray Smith”. It is also noteworthy that he has started tradinggold4cash.com which was to create the revenue to payout the revenue share which he has since dissolved. There may be other sites that he is involved with so be aware or you could fall victim.
Here is some interesting material you may want to read straight from Steve Ray Smith: possibly posted by others who have received his emails due to their membership in Adventures4U.
Final food for thought: With all this honesty and integrity he claims to have,
He has scammed once.
Do you think he will do it again?
Past track records are usually a way of life for scammers.
I cannot tell you what to think but I can teach you how to think.
Learn to be a critical thinker for your own protection.
Commit to Success Today
Darlene and Dave Mills
Leadership with a vision
Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world. ~ Joel A. Barker