Thread: FlexKom aka Flexcom aka Weeconomy - legitimate MLM or scam ??

Originally Posted by MLM Broken Model

What am I missing here? Surely Mike is aware of the horrific loss of funds by these poor naive investors in Turkey? The information about the prison sentence for Erol Pakel (a manager with FK) appears to be accurate. Yet he is willing to "risk it all" for what?

I really wish I knew what was wrong with a lot of these people's thinking about business. All this time and energy could be put toward building something real and lasting. The failure in Turkey has been public for going on two years or more. How anyone could rush in with that, the fake awards, the fake magazine article, and the history of the founders is nothing short of a mystery for the ages.

Recruiting commission and that siren song of "residual income" is just too much for many to resist.

Flexkom America had an meeting in Las Vegas this weekend. Here is a picture of it. It is obvious that by now only the cream of the crop is left. Look at those faces! You can see the naivity even from this distance!

Flexkom America in Vegas.jpg

And the same event in larger pictures.


FlexkAmerica in VegasBig.jpg

FlexkAmerica in Vegas2.jpg

Thinking Magnum PI knows exactly what's coming next from FK, turn and cough sir.


Flexkom Salute.JPG

Originally Posted by Scamtracker-Jaap

And the same event in larger pictures.


FlexkAmerica in VegasBig.jpg

FlexkAmerica in Vegas2.jpg

Don't these people have internet access? One quick and simple search and everything you need can be found in 10 minutes. Bill Resides is going to have to come clean at some point and time. Same thing goes for Jason Marks who I believe used to post here as Watsco.

If Bill is getting paid a salary to bring in new investors, that should be made public in each presentation.

They had their kickoff meeting in Las Vegas in August of 2013 and hundreds attended. 14 months later - they are left with a few dozen people
who obviously didn't "get the memo"

Originally Posted by Scamtracker-Jaap

FlexkAmerica in VegasBig.jpg

Does that banner on the left say "FlexTV" ? Surely not.

Originally Posted by Stewart

Does that banner on the left say "FlexTV" ? Surely not.

I think they may have more than a little trouble if they attempt to use that name in the US

Rumours are going round that Flexkom USA has stopped...

It has to actually start before it can stop. Just sayin' lol

Sounds like Bill Resides and Flexkom America are in CYA and "We didn't know this was a scam" mode.

SO NOW MANY MONTHS LATER AND AFTER THEY HAVE ENCOURAGED FOLKS TO GIVE FLEXKOM MONEY, they are asking that all recruitment be stopped, calling for an audit, checking the technology, and asking for refunds from the Flexkom Intl. con artist CEOs.

Are these Americans the dumbest "successful" business men we've ever seen or, are they your typical network marketing con men?

Get the plot ready soapboxmom. We will be adding another to the graveyard.

http://www.blogtalkradio.com/allwire...eam-leadership

Vetting process!!! Why now? It is interesting to hear Bill Resides talking about how much he believes in the Flexkom business concept. At minute 16:30 Bill tells everyone he is "on hold" until further notice. What? Anyone could have found this site -- which pretty much spelled out the problems with the Flexkom Model, leadership past failures, concept, etc -- with a simple Google search. I agree with Char about Bill being in CYA mode.

They mention the technology. What technology? Who even cares? Today, it comes down to volume and the Law of Large Numbers. In order for the Flexkom concept to work, they would need millions of active members. Flexkom will never have enough customers to compete with Google, Apple, Amazon etc in this space. It is a joke to even consider they can.

This is NOT going to end well for some of these folks, IMO.

Flexkom USA is like a tree where the roots have died but the leaves don't know it yet. It is over!

Flexkom Int'l is never going to honor these refund requests, IMO.

I would not be surprised to learn that some of the old leadership have already been in contact with the US regulators
to cut a deal with them and reduce their own liability.

The only question that remains is whose heads are going to roll when the regulators do their thing.

Originally Posted by Char

Sounds like Bill Resides and Flexkom America are in CYA and "We didn't know this was a scam" mode.

SO NOW MANY MONTHS LATER AND AFTER THEY HAVE ENCOURAGED FOLKS TO GIVE FLEXKOM MONEY, they are asking that all recruitment be stopped, calling for an audit, checking the technology, and asking for refunds from the Flexkom Intl. con artist CEOs.

Are these Americans the dumbest "successful" business men we've ever seen or, are they your typical network marketing con men?

Get the plot ready soapboxmom. We will be adding another to the graveyard.

http://www.blogtalkradio.com/allwire...eam-leadership

BOMBSHELL. Bill Resides resigns, last blog talk radio today, calling for FBI investigation etc..

Maybe the next time they'll take realscam seriously well, that's for all the people who aren't in CYA mode.

Toodaloo Fexkom America.

http://www.blogtalkradio.com/allwire...eam-leadership

Flexkon USA = ended, finished, all over, concluded, expired, dead in the water, closed, swan song sung, kaput, demised, the fat lady has sung

Flexkom Newsletter October
http://media.flexkom.com/_stuff/1414...r_eng_1014.pdf

Pages 4 and 5 are especially entertaining. And page 7, surprise surprise, they are going to offer shares.

Hopefully some of you American folks have had an epiphany. Now please look at the current newsletter and see how ridiculous it reads and how its all bull$hit. Do you get it now?

Are you reading this post Jan Henry of Caffeine Addicts who refused to even listen about red flags and so rudely hung up on my friend? I do hope you didn't give Flexkom any of your money, or your friends' and family's money. I guess the caller really WAS trying to help you.

Originally Posted by Char

...
And page 7, surprise surprise, they are going to offer shares.
...

That is just great, now BaFin has the jurisdiction to investigate a share fraud.

Originally Posted by FlexKom

...
If you are interested in receiving a share order form
for an international company, that you have helped
to build up, then get the information you need for this
unique incentive at the FlexGold events and from your
Country Manager as soon as possible!
...

Juicy, did they just say that the shares will be available to foreign residents (like U.S.) ?
Me and SEC are patiently waiting :)

Originally Posted by Char

Flexkom Newsletter October
http://media.flexkom.com/_stuff/1414...r_eng_1014.pdf

Pages 4 and 5 are especially entertaining. And page 7, surprise surprise, they are going to offer shares.

There is less fantasy in 'The Lord Of The Rings' than that newsletter.

Here is an incomplete list of Flexkom Team Members from their LinkedIn profiles. While it is possible that some of them are real victims of this scam and that should be considered before judging, IMO I would question the ones who have been involved with other NWM "opportunities". Time to start calling out the repeat offenders i.e. scammers.


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While I have no proof as to whether or not this snapshot of Ian Driscolls' back office is genuine, but it goes a long way toward exposing the pyramid scheme aspect of the Flexkon business.



All the money is made from recruitment and none from sales = a perfect pyramid scheme

Out of curiosity, was there actually a real Flexkom Payoneer MasterCard other than a photo of it? Or, were the pictures of the card in the newsletters photoshopped?

Originally Posted by Char

Out of curiosity, was there actually a real Flexkom Payoneer MasterCard other than a photo of it? Or, were the pictures of the card in the newsletters photoshopped?

Payoneer Rep ignored such questions on 2 occasions.

5th Criminal Court of Ankara, Turkey finds FlexKom guilty of running a ponzi scheme.

CENG

REAL FLEXKOMEDY TRUTH! THE BACK OFFICES REVEAL

Looks like there is almost nothing on retail side. All recruiting. Not a shock with these bandits.....