If you’ve come across Eric Worre, the following review will help you determine whether you can trust him or not:
Eric Worre withdraws as the OmegaPro Ponzi scheme fails
The scumbags that ran, promoted, and facilitated the Ponzi scheme are jumping ship as OmegaPro collapses.
Eric Worre, a seasoned MLM professional, joined OmegaPro corporate in May 2022 as an official strategic coach.
Since there is no longer any money to steal, Worre is pulling away from the Ponzi scheme that is quickly imploding.
Worre claims that after “friends” allegedly became concerned about his connections to OmegaPro contacted him, he was moved to shoot a video.
Worre doesn’t specifically mention OmegaPro in the video, which was uploaded earlier today. Instead, he just refers to “a company out of Dubai” when addressing the Ponzi-related elephant in the room.
Worre continues by acknowledging that when he joins an MLM business:
“The employees of that company frequently overstate how involved I am in order to gain an advantage over competitors when recruiting new employees.”
Worre agreed to join OmegaPro while knowing full well that doing so would help promote the Ponzi scam for an undisclosed quantity of money.
Money that was ultimately taken via financial fraud from OmegaPro investors.
Worre makes the bogus claim that he doesn’t “benefit” when OmegaPro uses his reputation to find victims, despite the fact that he clearly benefits from the continued “success” of OmegaPro cheating people.
“My commitment to this field is for the benefit of this field.
I don’t decide who will win or lose. I don’t advise people to choose the companies they will invest in. I don’t try to influence them in any particular way.
And I can safely say that neither of those pushes, in any direction, benefits me.”
Although the details of the contract between Worre and OmegaPro are kept confidential, his corporate salary is directly dependent on the continued acquisition of new victims.
OmegaPro is a straightforward MLM Ponzi scheme boasting a 200% ROI that was introduced in 2019.
BehindMLM knows that OmegaPro recently modified the conditions to 24 months after first offering to pay out over 16 months.
How exactly does a Ponzi scheme operate?
An investment fraud known as a Ponzi scheme draws investors with claims of great returns and no risk but fails to invest the money as stated. Instead, it pays off earlier investors with money from future investors while maybe keeping a portion of the profits. These schemes typically fail when recruiting investors becomes challenging or when multiple investors attempt to cash out. They depend on a steady flow of new buyers to operate. They are called after Charles Ponzi, who ran a similar scam using postal stamps in the 1920s.
All OmegaPro affiliate investment positions were retroactively affected by this change, which was disclosed suddenly.
OmegaPro had received regulatory fraud warnings from France, Belgium, Congo Republic (several arrests), Spain (two fraud warnings), Mauritius, Argentina, Colombia, Peru, Chile, and Nicaragua before Worre accepted a corporate position with the Ponzi scam earlier this year.
Worre describes himself as a “network marketing expert” on Instagram. Worre states on LinkedIn that he’s
Worre further asserts on his “Network Marketing Pro” website;
Network Marketing Pro has been improving the caliber of the network marketing industry for more than ten years.
On the website, a bio reads Worre
has over 25 years of experience as a leader in the network marketing industry.
He has built sales organizations with more than 500,000 distributors in more than 60 countries and served as the president of a $200 million Network Marketing company. He has been a top-field producer.
There is no possible way Eric Worre could have been unaware that OmegaPro was a Ponzi scheme. Because of the money, he joined a corporate to aid in its promotion.
BehindMLM covered OmegaPro’s launch of an XPL token exit scam just over two weeks ago.
Since then, things have gotten worse to the point where OmegaPro disabled withdrawals approximately a week ago. For the majority of this week, affiliate investors have also been unable to access their backoffice.
Although BehindMLM is hesitant to declare OmegaPro’s demise, we are keeping an eye on events.
OmegaPro’s Ponzi scheme, which has been active since 2019, has probably deceived consumers to the tune of several hundred million dollars if not more than a billion.
BehindMLM also understands Ted Nuyten and BusinessForHome are copping heat over their relentless promotion of OmegaPro and other obvious MLM Ponzi schemes.
Since OmegaPro disabled withdrawals, posts on Nuyten’s FaceBook page are laced with a hint of frustration:
One BusinessForHome reader answered Nuyten’s “Why do you publish about company XYZ? It is a scam!” question;
The “pay for content” business model used by BusinessForHome has previously been examined by BehindMLM.
BusinessForHome fails to declare when content on the website was obtained through a payment arrangement, potentially in violation of the FTC Act.
Returning to Eric Worre, he is a US citizen residing in Arizona despite the fact that OmegaPro is operated by con artists in Dubai and that, at least formally, US investors are barred.
While OmegaPro is undoubtedly Worre’s most prominent move toward affiliation with financial wrongdoing, it isn’t his first MLM crypto Ponzi.
Worre spoke at a different MLM crypto Ponzi event in May 2021, this time for GSPartners.
It is yet unknown if OmegaPro and Worre’s role is being looked into by US authorities.
If withdrawals are still blocked, BehindMLM anticipates declaring OmegaPro inactive this weekend.
Update: BehindMLM predicted the demise of OmegaPro on November 27, 2022.
Update: Eric Worre removed all references to OmegaPro from his social media profiles as of November 29, 2022.
Update: OmegaPro has finished its collapsing exit scam as of December 30, 2022. The Broker Group has announced a relaunch.
Eric Worre– Eric Worre was bitten by the Dubai MLM Ponzi bug
I came upon a troubling headline today on BusinessForHome;
OmegaPro, the Dubai-based MLM Ponzi? Oh, dear. It turns out that Worre has attached his Network Marketing Pro trailer to more Dubai MLM Ponzi schemes than only OmegaPro.
After hearing Worre speak at one of OmegaPro’s marketing events earlier this year, I learned of his affiliation with the company.
Even while it is distressing to see someone with a bad MLM reputation speak at a Ponzi marketing event, BehindMLM would not cover this in a stand-alone post.
Get paid, hype the audience of a con up, take pictures for them (which is what they’re paying for), and then depart. Unexpectedly frequently, it occurs.
But Worre’s most recent action goes much further than that.
OmegaPro undoubtedly has its own version available, but since I saw the BFH version, we’ll use that instead.
Worre is said to by OmegaPro as “the world’s most watched and most trusted human resource for intricate Network Marketing business training and support.”
Whether or not it’s marketing guff, it’s still tragic;
With Eric Worre serving as The Official Strategic Coach, OmegaPro has now established a long-term strategic coaching partnership to facilitate premium grooming for the elite community. a regular speaker at The Global Convention – Rise and the ongoing OmegaPro Super Training Series.
With Eric Worre stepping into this amazing role of educating the populace and the top leaders like never before, he will now be more than just a once-off experience for the thriving community members.
Additionally, this potential exposure should raise red flags;
More than 5 million people now watch his training every week. Worre’s Network Marketing Pro group now includes more than a million leaders from more than 100 different nations.
While it might pick up again, SimilarWeb observed a 74% slump in visits to Network Marketing Pro’s website from the US. The US is the most active regulator of Ponzi schemes worldwide, and that brings us to OmegaPro’s business model.
There’s no ambiguity here; OmegaPro is an MLM crypto Ponzi scheme, run by scammers hiding out in Dubai.
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, regulators have previously taken action against OmegaPro.
According to BehindMLM, any MLM business that engages in securities fraud does so because the business is a Ponzi scheme.
Worse so, Worre’s association of fraud with his Network Marketing Pro brand is not isolated.
I checked Worre’s social media accounts to see if he has admitted to being the new face of MLM fraud in Dubai.
Instead found this:
Worre is pictured there mingling with Dirc Zahlmann, a high earner at GSPartners Ponzi, as well as Andrew Eaton and Bruce Hughes.
Being able to hear my mentor Eric Worre speak at our event in Dubai was amazing.
As a make-up for owner Josip Heit not showing up to their Atlanta event in late April, GSPartners organized an event in Dubai in early May.
Another MLM cryptocurrency Ponzi scheme is GSPartners. Affiliates of GSPartners buy in tokens, acquire more tokens passively as a result of the plan, and then attempt to withdraw their initial investments via the (ever-complicated) backend.
According to SimilarWeb, the US accounts for 57% of all visitors to the GSPartners website. Heit skipped the GSPartners event in Atlanta because, you know, life.
Worre was showcasing new upgrades to his Las Vegas property on Facebook today between the OmegaPro announcement and the GSPartners event.
Eric Worre ought to and actually does know better. He has experienced all of the significant US MLM Ponzi failures, including Zeek Rewards, TelexFree, OneCoin, and BitConnect.
Zeek Rewards surpassed $600,000,000. The remainder were MLM Ponzi schemes for billions of dollars.
According to OmegaPro’s “Eric Worre is one of us” press release, there are 1.8 million investors. Losses accruing in the background and total invested funds are unclear.
Unfortunately, Worre is not the only US MLM event regular who has been drawn to Dubai by the promise of ill-gotten profits.
Following creator Jonathan Sifuentes’ regulatory issues in the US and Mexico, I recently covered Xifra Lifestyle’s move to Dubai.
After Sifuentes and Xifra Lifestyle fled to Dubai, the business changed its name to Decentra. John C. Maxwell agreed to serve as the “official mentor” of the Ponzi schemes as part of that rebranding.
Maxwell asserts in the promotional material for his book, “The Power of Five for Network Marketing,”
Over 100 Direct Sales & Network Marketing organizations have hosted John C. Maxwell’s speeches over the past 30 years.
The best business executives have received his guidance, coaching, and training.
Maxwell ought to and does know better, just like Worre.
MLM Ponzi schemes that seek legitimacy through affiliation are nothing new. Sports teams, payment processors, nonprofit organizations, and occasionally even governments are implicated in fraud.
We now have MLM insiders who openly promote clear MLM Ponzi schemes while claiming to be “the world’s most watched and most trusted resource for Network Marketing.”
This conduct certainly helps the scammers running the Ponzis and the likes of Worre’s and Maxwell’s hip pockets.
How is it helping the MLM industry?
Let’s have a look at what people have to say about this Ponzi scheme:
Eric Worre– Wrapping Up with some information on MLM and MLM Ponzi scheme
Multi-level marketing (MLM), network marketing, or direct marketing organizations are those that engage in the sale of goods to close friends and family as well as the recruitment of others to carry out the same activities. Pyramid schemes are prohibited in some MLMs. Here are some things to be aware of before signing up for an MLM program.
MLM businesses rely on direct sales to market their goods or services. That implies that you are conducting direct business with other individuals, possibly online or from a customer’s or your own house.
- If you sign up for an MLM program, the business may call you an independent “distributor,” “participant,” or “contractor.” Most MLMs claim there are two ways to gain money:
- By signing up new distributors, paying them commissions based on their purchases and sales to retail consumers, and selling the MLM’s products directly to “retail” customers who are not MLM members.
Your sales network, or “downline,” is made up of the individuals you recruit, the people they recruit, and so on. You won’t need to find new distributors if the MLM isn’t a pyramid scheme because it will pay you based on your sales to retail customers.
Most people who sign up for reputable MLMs earn little to nothing. Some of them incur losses. Sometimes people join what they think is a legitimate MLM, but it ends up being an illegal pyramid scam that steals their money and leaves them in a terrible financial situation.
What are Pyramid Schemes?
But while they appear to be an MLM technique, pyramid schemes are actually fraudulent schemes. There is no actual product sold in a pyramid scam, which is how they differ from legitimate MLM programs. By only bringing in new participants to the program, participants try to make money. These schemes are characterized by the promise of extraordinarily high returns in a short amount of time for doing nothing more than giving your money to them and persuading others to do the same.