I’m willing to bet that if some of you got paid for the time you spend on your cell phone, you’d be rolling in the dough.
Well Saivian’s got your answer…“Download the app and get paid today”.
Easy money, my favorite kind.
And we’re not talking chump change. We’re talking up to $3k a day…From an app.
Does this mean I’m involved?
This video explains everything:
Make sense? Either way, here’s the full review on Saivian, the company.
Overview
Saivian is a fairly new mobile app company. They started up in the fall of 2015 but didn’t really get chugging until 2016.
They’ve built a fair amount of buzz around themselves as a cash back shopping app, but of course, the real pot of gold sits at the top of the pyramid. More on that later.
It’s not entirely clear who founded Saivian, which is a red flag. There’s also been a lot of shifting going on in the executive level leadership with barely over a year in business, red flag number two.
For a while, John Sheehan was their president. Not a lot of info on the dude, but apparently he’s worked at a series of MLMs. He’s since left or been replaced, anyway, by none other than Eric J. Dalius himself.
If you haven’t heard of Dalius, the guy is infamous in the “online marketing” world…for scams. His list of failed ventures is longer than the Old Testament.
Dalius’ LinkedIn profile claims he’s generated over $50 million in marketing since 1990. This may be true, but what it doesn’t discuss is 1) how much he’s lost, and 2) how much he’s virtually stolen from gullible people looking to make a quick buck.
U.S. Gas Rebates, My Travel Club USA, GasUpUSA, Mozeena, MLM Apprentice, Realty Fund USA, Making MLM Millions…I could go on. None of his ventures seem to last longer than a few months, which is a HUGE red flag. What’s he running from?
Well, some digging will turn up a court order in Pennsylvania back in 2003 in which Patriot Bank froze his accounts for GasUpUSA (one of his MLM ventures that’s mysteriously missing from his LinkedIn profile) for suspected fraud.
The company, which provided paying members with discounts on gas and other services as well as commission for recruiting affiliates, sounds almost identical to Saivian, which provides paying members with discounts on all kinds of shopping as well as commission for recruiting affiliates. [1]
The bank stated that it also froze accounts to protect itself from an unprecedented number of “chargebacks” – GasUpUSA members asking for their money back after they realize they just paid into a scam. And now, Saivian explicitly states on their website that they only accept checking accounts as a form of payment, not credit cards, to avoid chargebacks.
Darius has been butting heads with the law since the 90s. In 2000, he was convicted of felony charges for conspiracy to commit mail and wire fraud in 1995 with a discount phone card business.
Then we’ve got Steve Gewecke, the company’s Chief Marketing Officer, who’s been around the MLM block almost more than Dalius. In under 8 years, he’s held similar positions at no fewer than 7 different direct sales companies (that he’s listed publicly). Many of those gigs lasted 4 or 5 months.
How much does Saivian cost?
It costs $125 to become a Saivian Affiliate…every 28 days. About $1,628 a year. Basically a car payment.
Products
Saivian’s “product” is an app that offers shopping discounts in the form of cash back.
You choose your 10 favorite stores, and then shop around and spend your money as usual. After making purchases, you submit your receipts in the app. The app calculates a seemingly random cash back amount, which is advertised at 10-20%.
How exactly the logistics of this works isn’t spelled out. They don’t have partnerships with certain stores that offer discounts, because the website states that you can receive these cash back offers on anything from any store. So where’s the money coming from?
Fees from new members. Smells like a Ponzi scheme.
Opportunity
Saivian offers Affiliates a unilevel compensation plan on the people they recruit.
Commission is paid out on a daily basis, which is pretty sweet, and it’s based on the size of your downline. The details look something like this:
- 3 affiliates gets you $5 a day
- 12 affiliates gets you $20 a day
- 39 affiliates gets you $30 a day
- 80 affiliates gets you $50 a day
- 150 affiliates gets you $100 a day
- 300 affiliates gets you $150 a day
- 500 affiliates gets you $200 a day
- 750 affiliates gets you $300 a day
- 1,000 affiliates gets you $500 a day
- 2,000 affiliates gets you $750 a day
- 4,000 affiliates gets you $1,000 a day
- 6,000 affiliates gets you $2,000 a day
- 8,000 affiliates gets you $3,000 a day
You can make up to $3,000 a day, which is pretty incredible. Of course, since this is a pyramid structure, that money is only reserved for the few people at the top of the pyramid. Most people are sitting down at the bottom making peanuts and shelling out $125 every 28 days to continue.
Recap
They offer compensation on people you recruit to become new Affiliates. You’re making a percentage of their membership fee, but no where in the compensation plan are you making commission off a percentage of product sales. Because there’s no product to sell.
Having a vague “product” that’s completely disconnected from the compensation plan is one of the most telling sign of a Ponzi scheme. [2]
It might be a good scheme for the very few who get in to the top seats, but it won’t last long. Especially given their leader’s track record, it could end ugly.
But if you like automated ways to build passive income, there are better ways.
(and you can trash those old MLM habits, too)
from MLM Companies
No comments:
Post a Comment