In case anyone gets contacted regarding investing in this....
A web-based company that the Better Business Bureau wasn’t even aware of a month ago has spiked in complaints, with 27 new cases opened in less than a week and losses totaling more than $15,000 in “investments” that appear to be gone.
The Colorado BBB is managing the cases because the company--which calls itself Clear Choice by New Regime Global—claims to have an Englewood address. However, law enforcement has alerted the BBB that this address appears to be a mail drop for forwarding to Issaquah, WA.
The offer appears at http://www.clearchoiceinternational.com “The CC2x2 is a true forced matrix where spillover does benefit everyone! It has been structured so that upline rolls into a member's downline, and downline rolls into the upline, resulting in massive spillover, which creates matrices filling over and over, for the mutual benefit of every member in the Clear Choice,” according to the web site.
“It can be difficult up front to determine whether an opportunity is a pyramid scheme or simply multi-level marketing, which is common and much safer. This time, however, there’s no room for doubt,” Herman said. “It’s a pyramid.”
“The flood of complaints we’re receiving and the fact that investors receive no product makes this a clear-cut case.”
Victims to date are from 21 states, although the BBB has not heard from any Colorado investors. “This is not uncommon,” Herman said. “Dubious business ventures tend not to market to customers who are likely to drive by or come knocking at the door.”
“I purchased the program on April 14, 2007. I purchased seven positions plus the automatic recruiting for a total of $1,954. My position was guaranteed to cycle immediately upon purchase for a payout of $725, and additional recurring cycles per every week. I was also to receive the product of motivational CD's. I received neither. What I did receive after requesting by email why the delay was a reply to my email that the check was expected to be mailed in about a week. That was four weeks ago. Many others were scammed out of their money besides me,” reported a Kansas complainant whose story is typical of the pending cases.
The BBB is sharing its findings with the Colorado Attorney General’s office and the U.S. Postal Inspection Service as well as the network of 124 BBBs in the U.S. and Canada.