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MeinCtutW88
11 months ago

Over 99% of the members of network marketing systems lose money according to an American study.

iGenius knows many indications that it could be an illegal snowball system. These include, for example,:

  • high entry costs (membership costs several thousand euros annually)
  • the product has no real value (as there are only videos)
  • Money is earned mainly by recruiting new people, who in turn recruit new people and so on
  • the company was previously named Kuvera and iMarketsLive as soon as bad criticism prevails or determine the financial authorities, the name is changed
  • high income promises
  • no evidence of the profitability of trading
  • Warning for financial academies of this kind from the Tagesschau, Stiftung Warentest and the consumer centers
  • Possibility to commit to a membership – up to two years in prison when participating in a snowball system
  • foreign company headquarters
  • no permission of the German financial authorities
  • the CEO of Investview was sentenced to a long-term imprisonment for fraud
  • cult-like character: It is said that every critical person should be removed from his life against iGenius, as they allegedly do not want to be successful. These procedures are identical to other cults such as Scientology or Shincheonji.

In most cases, young women/men are advertising on Instagram with a pompous lifestyle in order to work successfully towards the outside. In fact, they just want to recruit new people.

I can’t take it very seriously.

BBasti89M
10 months ago
Reply to  geschaetskonto

Day view or mirror

are always serious

MeinCtutW88
11 months ago
Reply to  geschaetskonto

Yes, there is. The Belgian financial supervision has issued an official warning.

In addition, several iGenius distributors were arrested in Spain due to a participation in an illegal snowball system, then still under the previous name iMarketsLive.

MeinCtutW88
11 months ago

Right, she was also hired by someone before. And the person she advertised was also recruited by someone – it always goes on.

Think about it.

There’s someone who’s supposed to have a tool to make a lot of money…

If you had this tool, would you tell other people about it? Probably not.

And now more precisely:

Let’s say someone wants to sell you this tool that you’re supposed to earn a lot. But where you don’t know if it’s true or not. Then you stage yourself as successful and rich to get more credible with other people.

Because if they were poor, you wouldn’t buy it, would you?

Within the sect, these people actually believe that they invest with these many thousand euros in their future, it is a pure brainwashing.

MeinCtutW88
11 months ago

On the one hand, there is a warning about the IM Academy, another company with exactly the same business model. The warning of the European Union is here:

https://www.europarl.europa.eu/doceo/document/E-9-2023-002079_EN.html

And then the warning of the Belgian financial authorities:

https://comp-matters.com/article.php?id=185159

Kuvera is still in the name. iGenius was previously called iMarketslive until the police were determined. Before iMarketsLive it was Kuvera, also until it was determined:

https://comp-matters.com/article.php?id=185159

You shouldn’t trust her. She’s gonna put a lot of energy in, wanting to convince you – don’t give up, it’s gonna save you a lot of trouble and, above all, a lot of GELD.

Most likely she will write that you should try it and not listen to people who didn’t try it yourself – that’s a common tactics in these cults.

Ultimately, you have to decide it yourself, the facts are on the table – over 99% of the members lose money there. The chance that you happen to belong to the 1% who earn money is really very low…