"You must gut the program or you will go to jail."
Why did they say it? Because Gifting then getting money back is illegal. What happened with TDS after that? Look at trustdocumentservice.com now. It asks for a referal. Why? Because they did gut the gifting program and changed it to an MLM / Network Marketing structure. You didn't know that? Why haven't they told you?
TDS, aka Trust Document Service (trustdocumentservice.com or .net), is a modified pyramid scheme that is scamming victims out of money through Irrevocable Trusts under the guise of Paying-It-Forward and helping Veterans, Cancer Victims, Battered Women - you name it. They recruit victims for the "low" cost of $129.94 or $500 ("all for less than the cost of an iPhone"), and ask you to add additional assets (seed money) for the Trustee to invest.
Nothing is new in this scheme except the money storage, the vehicle the money is put into. Trusts are a LEGAL method of giving all of your money to a Trustee who will invest this for you if you wish. You are told that you need do nothing else except watch cash flow in. But victims were also told that they would make a bunch of non-taxable income, 100% PER MONTH in some cases, if they would just put more money in.
TDS, aka Trust Document Service (trustdocumentservice.com or .net), is a modified pyramid scheme that is scamming victims out of money through Irrevocable Trusts under the guise of Paying-It-Forward and helping Veterans, Cancer Victims, Battered Women - you name it. They recruit victims for the "low" cost of $129.94 or $500 ("all for less than the cost of an iPhone"), and ask you to add additional assets (seed money) for the Trustee to invest.
Nothing is new in this scheme except the money storage, the vehicle the money is put into. Trusts are a LEGAL method of giving all of your money to a Trustee who will invest this for you if you wish. You are told that you need do nothing else except watch cash flow in. But victims were also told that they would make a bunch of non-taxable income, 100% PER MONTH in some cases, if they would just put more money in.
Sharing-The-Profits was originally a Gifting scheme from September 2010 until 29 Dec 2010. Under the guise of helping others, the poor and unfortunate, Veterans, Battered Women, and Cancer Victims, the scam would bait victims with the promise that their Irrevocable Trusts would gift other trusts, without taxation, and under some administrator's software control, to adhere to the IRS Title 26, section 2500 rules. The website (now locked) at empowerment4u.webs.com detailed the entire program and it's benefits to trust beneficiaries, promising thousands of dollars of tax-free income for a $129.95 (originally $100) Irrevocable Trust, an instrument that was to ensure the Trustee of those trusts had full control of the assets, not the victims.
For those already victimized, what you weren't told on any conference call is that now this is an MLM / Network Marketing type of scheme. That's why there is a referral on the trustdocumentservice.net site. Originally, the Trusts were put in a "line" program, first come, first serve, so you didn't need a referral. Guess who was first, who got to Phase 4 the soonest in the original scam? The Executive Group. And in the new "version", who is at the top? The Executive Group, again.
For those already victimized, what you weren't told on any conference call is that now this is an MLM / Network Marketing type of scheme. That's why there is a referral on the trustdocumentservice.net site. Originally, the Trusts were put in a "line" program, first come, first serve, so you didn't need a referral. Guess who was first, who got to Phase 4 the soonest in the original scam? The Executive Group. And in the new "version", who is at the top? The Executive Group, again.
These Trusts were just a vehicle, a way, to collect money, similar to debit card accounts used in previous internet pyramid scams. The money used to buy these Trusts were funneled to one Trustee, one individual. He would then control them, in other words own, the assets. He would take $1300 per year per Phase 4 Trust and leave $5,000 to anyone who attained such a high Phase.
The entire scam was uncovered by diligent, concerned friends of a victim. We, the friends, are here to help all the victims past, present, and future of these scammers who must be caught and stopped.
Do not take our word for this.
You will find public data available through any internet browser from state and federal sources and the scammers themselves by the websites and conference calls. Read and listen to them and read all the posts here. There are also images of the websites as they existed and as they change, and further you can listen to the sales pitches on their recorded calls.
Make up your own mind and then help us help you and other victims, the hundreds of thousands of poor, needy people who would have given just $129.95 to make the top, Phase 4 Trusts owned by the executive committee members, $500,000 per month from new victims! We hope the FBI can get your money back!
If you or a friend, relative, or someone you love has been a victim, YOU can help! This campaign is here for you to be informed of this scam and participate in collecting hard evidence for the FBI, preventing fraudsters from perpetrating scams on you and future victims.
Don't get mad, GET EVEN! Use the web to strike back at this scam or other ones. See the "Help" article and get the FBI involved faster.
TANSTAAFL
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