Eric Worre MLM Fraud Allegations Fact-checked (2024)
Originally Syndicated on June 14, 2024 @ 6:33 am
Eric Worre Steps Down Amid OmegaPro Ponzi Scheme Collapse
OmegaPro is collapsing, and the scumbags that orchestrated, pushed, and supported the Ponzi scheme are running for cover.
Experienced multilevel marketing specialist Eric Worre became an official strategy coach at OmegaPro corporation in May 2022.
Worre is pulling out of the rapidly collapsing Ponzi scheme since there is no money left to take.
Worre says he was prompted to record a video because “friends” apparently expressed worry about his affiliation with OmegaPro.
Worre uploaded the video earlier today, but it doesn’t mention OmegaPro by name. Instead, when confronting the elephant in the room that has to do with Ponzi schemes, he simply says, “A company out of Dubai.
” Worre adds, “The employees of that company frequently overstate how involved I am to gain an advantage over competitors when recruiting new employees.” This is something he acknowledges happening to him when he joins an MLM business.
Worre consented to join OmegaPro despite being fully aware that doing so would aid in the Ponzi scheme’s promotion in exchange for an undisclosed sum of money. Funds that were eventually obtained from OmegaPro investors through financial fraud.
Worre falsely claims that he doesn’t “benefit” when OmegaPro exploits his reputation to locate victims, even though he gains from OmegaPro’s ongoing “success” in defrauding individuals.
“I am dedicated to this field for its advancement.
I have no say in who wins or loses. I don’t suggest that investors pick the businesses they want to invest in. I don’t make any special effort to sway them.
And it’s reasonable to say that neither of those pushes helps me in any way.
Worre’s corporate compensation is closely correlated with the company’s ability to continue acquiring new victims, even if the specifics of the contract between Worre and OmegaPro are kept private.
In 2019, OmegaPro, a simple multilevel marketing Ponzi scheme with a 200% return on investment, was launched.
OmegaPro originally promised to pay out over 16 months, but BehindMLM is aware that they have since changed the terms to 24 months.
This abrupt disclosure affected all investment holdings held by OmegaPro affiliates retroactively.
Before Worre took a corporate role with the Ponzi scheme earlier this year, OmegaPro had received regulatory fraud warnings from France, Belgium, the Congo Republic (several arrests), Spain (two fraud warnings), Mauritius, Argentina, Colombia, Peru, Chile, and Nicaragua.
On Instagram, Worre bills himself as a “network marketing expert.”
Worre goes on to say, “Network Marketing Pro has been raising the standard of the network marketing industry for more than ten years,” on his website.
According to a bio on the website, Worre is a leader in the network marketing sector with over 25 years of expertise.
He has led a $200 million Network Marketing company as president and developed sales teams with over 500,000 distributors in over 60 countries. He’s produced top-tier work in the field.
Eric Worre could not have possibly been unaware that OmegaPro was a Ponzi scheme. He joined a corporation to help promote it because of the money.
Just over two weeks ago, OmegaPro launched an XPL token exit scam, which was exposed by BehindMLM.
Since then, things have gotten worse to the point where around a week ago, OmegaPro disabled withdrawals. Affiliate investors have also been unable to access their back office for most of this week.
While BehindMLM is cautious to announce the end of OmegaPro, we are monitoring developments.
Since it began operating in 2019, OmegaPro’s Ponzi scam has likely defrauded investors out of several hundred million dollars, if not more than a billion.
Furthermore, BehindMLM is aware that Ted Nuyten and BusinessForHome are facing criticism for their unrelenting endorsement of OmegaPro and other blatant MLM Ponzi scams.
Posts on Nuyten’s Facebook page, since OmegaPro stopped allowing withdrawals, had a hint of rage in them:
A reader of BusinessForHome responded to Nuyten’s question, “Why do you publish about company XYZ? It’s a fraud.
BehindMLM has already looked into BusinessForHome’s “pay for content” business strategy.
In a possible violation of the FTC Act, BusinessForHome neglects to disclose when content on the website was acquired through a payment arrangement.
Going back to Eric Worre, he is a US citizen living in Arizona, even though OmegaPro is run by scammers in Dubai and that US investors are officially prohibited.
Worre’s involvement with financial misconduct is evident in his actions, but OmegaPro is not his first MLM cryptocurrency Ponzi scheme.
In May 2021, Worre gave a speech at another MLM cryptocurrency Ponzi event, this one for GSPartners.
It is yet unknown whether US authorities are investigating Worre’s and OmegaPro’s involvement.
This weekend, BehindMLM plans to declare OmegaPro inactive if withdrawals are still banned.
Update: On November 27, 2022, BehindMLM forecasted OmegaPro’s collapse.
Update: As of November 29, 2022, Eric Worre deleted any mentions of OmegaPro from his social media accounts.
As of December 30, 2022, OmegaPro has completed its crumbling exit fraud. A relaunch has been announced by The Broker Group.
Eric Worre: Caught in the Dubai MLM Ponzi Scheme Controversy
Today, I saw this concerning headline on BusinessForHome:
OmegaPro, the MLM scammer based in Dubai? Oh no, how awful. It turns out that Worre has linked his Network Marketing Pro trailer to more than only OmegaPro when it comes to Dubai MLM Ponzi schemes.
I became aware of Worre’s connection to OmegaPro after listening to him speak at one of the company’s marketing events earlier this year.
BehindMLM would not discuss this in a stand-alone piece, even though it is upsetting to witness someone with a negative MLM reputation speak at a Ponzi marketing event.
Get paid, entice the co-op’s audience, snap their pictures (which is what they’re paying for), and then leave. It happens rather regularly, unexpectedly.
However, Worre went considerably beyond that in his most recent action.
Although OmegaPro has a version available, we’ll utilize the BFH version because I saw it.
OmegaPro refers to Worre as “the world’s most watched and most trusted human resource for complex business training and support in network marketing.”
It’s still tragic whether or not it’s marketing lingo;
OmegaPro has now formed a long-term strategic coaching agreement with Eric Worre, who serves as The Official Strategic Coach, to enable elite community members to receive premium grooming. a frequent presenter at OmegaPro Super Training Series and The Global Convention – Rise.
Eric Worre will now be more than just a one-time event for the thriving community members as he steps into this incredible role of educating the general public and the top leaders like never before.
Furthermore, there should be concerns regarding this possible exposure because his training is being seen by over 5 million people each week. Currently, Worre’s Network Marketing Pro group comprises over a million leaders from over 100 different countries.
SimilarWeb saw a 74% decline in US visitors to Network Marketing Pro’s website, though it may rebound. This gets us to OmegaPro’s business model: the US is the country that regulates Ponzi schemes the most actively globally.
This is a clear-cut case of the MLM cryptocurrency Ponzi scheme OmegaPro being conducted by crooks residing in Dubai.
Regulators have already taken action against OmegaPro in Nicaragua, the Congo Republic (several arrests), Spain (two fraud warnings), Mauritius, Argentina, Colombia, France (two entries on the fraud blacklist), Peru, Belgium, and Chile.
Any multilevel marketing company that commits securities fraud, according to BehindMLM, does so because it is a Ponzi scheme.
Even worse, Worre’s Network Marketing Pro brand has been linked to fraud on multiple occasions.
To find out if Worre had acknowledged being the new face of MLM fraud in Dubai, I looked through his social media sites.
Instead discovered this:
Worre is shown there interacting with Bruce Hughes, Andrew Eaton, and big earner Dirc Zahlmann of GSPartners Ponzi.
It was an incredible experience to hear my mentor Eric Worre speak at our event in Dubai.
GSPartners scheduled an event in Dubai in early May to make up for owner Josip Heit’s absence from their event in Atlanta in late April.
GSPartners is another MLM cryptocurrency Ponzi fraud. Affiliates of GSPartners purchase tokens, get additional tokens through the plan in a passive manner and then try to withdraw their initial investments through the (always complex) backend.
The US makes up 57% of all visitors to the GSPartners website, according to SimilarWeb. Heit was absent from the GSPartners gathering in Atlanta due to, well, life.
Between the GSPartners gathering and the OmegaPro announcement today, Worre was promoting fresh improvements to his Las Vegas home on Facebook.
Eric Worre should and is aware of this. He has been involved in every major MLM Ponzi scheme that has failed in the US, such as BitConnect, OneCoin, TelexFree, Zeek Rewards, and so on.
Zeek Awards exceeded $600,000,000 in value. Million-dollar MLM Ponzi scams made up the rest.
There are 1.8 million investors, according to OmegaPro’s press release titled “Eric Worre is one of us.” Losses that are accumulating over time and the overall amount invested are not obvious.
Regrettably, Worre is not the only frequent attendee of US MLM events who has been lured to Dubai by the prospect of illicit gains.
I recently wrote about Xifra Lifestyle’s relocation to Dubai in light of creator Jonathan Sifuentes’ regulatory troubles in the US and Mexico.
Following their escape to Dubai, Sifuentes and Xifra Lifestyle renamed the company Decentra. As part of that rebranding, John C. Maxwell consented to act as the Ponzi schemes’ “official mentor.”
In the book’s promotional materials, “The Power of Five for Network Marketing,” Maxwell makes this claim.
John C. Maxwell has given presentations at over 100 Direct Sales & Network Marketing organizations during the last 30 years.
His advice, mentoring, and training have been received by the most successful company executives.
Like Worre, Maxwell should and does know better.
MLM Ponzi schemes that use affiliation to gain legitimacy are not new. Fraud allegations have been made against nonprofits, sports teams, payment processors, and occasionally even governments.
These days, MLM insiders who advertise themselves as “the world’s most watched and most trusted resource for Network Marketing” publicly support obvious MLM Ponzi scams.
This behavior undoubtedly benefits the con artists operating Ponzi schemes and the pockets of people like Worre and Maxwell.
What benefits does it offer the MLM sector?
Let’s see what people are saying regarding this Ponzi scheme:
Eric Worre – Concluding Thoughts on MLM and the Risks of MLM Ponzi Schemes
Organizations that sell products to close friends and family and encourage others to do the same are known as multi-level marketing (MLM), network marketing, or direct marketing companies. Certain MLMs forbid pyramid schemes. Before enrolling in an MLM program, keep in mind the following.
- MLM companies offer their products or services through direct sales. That suggests that you are engaging in direct commercial dealings with other people, either in person or on the internet, from a client’s or your own home.
- The company may refer to you as an independent “distributor,” “participant,” or “contractor” if you enroll in an MLM program. The majority of multilevel marketers assert that there are two methods to make money: either by recruiting new distributors and giving them commissions based on the products they buy and sell to retail customers, or by selling the MLM’s goods directly to “retail” clients who aren’t MLM members.
Your “downline,” or sales network, consists of the people you hire, the people they hire, and so forth. If the MLM isn’t a pyramid scheme, you won’t need to look for new distributors because you will be paid according to the amount of sales you make to retail customers.
Most members of respectable multilevel marketing companies make little to nothing. A few of them have losses. Sometimes consumers join what they believe to be a genuine multilevel marketing company (MLM), only to discover that it is an unlawful pyramid scheme designed to steal their money and leave them in a precarious financial position.
What are Pyramid Schemes?
However, despite their appearance as an MLM tactic, pyramid schemes are false. Pyramid scams differ from genuine multilevel marketing programs in that they do not include the sale of actual products. In an attempt to profit, participants limit their enrollment in the program. These schemes are typified by the promise of exceptionally large profits in a short period in exchange for you doing nothing more than sending them money and convincing others to follow suit.
