EXPOSED SMARTER THAN MONEY: Is it a SCAM or LEGITIMATE? Multi-level Marketing (MLM) Pyramid Scheme!

Welcome back to "The Crypto Ponzi Scheme Avenger" with Danny de Hek, where we dive deep into the murky world of financial scams and Ponzi schemes. In today’s eye-opening video, we gatecrash a Zoom meeting led by Douglas Ford, who is actively promoting a dubious financial opportunity known as "Smarter Than Money."

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Here’s what we uncovered:

Unverifiable Claims: The "Smarter Than Money" platform makes grandiose promises about generating "residual cashflow" through a digital wallet and decentralized network. However, the specifics of how these claims are supposed to work remain vague and unsubstantiated.

MLM Characteristics: The focus on recruiting new members and the promise of passive income strongly suggest an MLM structure. In such schemes, earnings are often derived from recruitment rather than genuine product sales, leading to potential financial losses for new recruits.

Lack of Transparency: Despite boasting about advanced technologies like artificial intelligence and blockchain, the platform fails to provide clear explanations on how these technologies are utilized to generate income and ensure security.

"Be Your Own Bank" Pitch: This enticing slogan is a common tactic used by MLM schemes to lure individuals by promising financial independence without providing concrete details on the operational aspects.

Questionable Promotional Tactics: The site uses persuasive language like "handsomely rewarded," "mathematical certainty," and "no special skillset required," which are often employed in scams to attract individuals with the illusion of easy and guaranteed returns.

Absence of Regulatory Compliance: There is no mention of any regulatory oversight or compliance, which is essential for ensuring the legitimacy and security of financial operations.

Disclaimer Alert: The site includes a disclaimer stating that the content is for "informational and entertainment purposes," which can be a tactic to avoid liability if the financial promises fail to materialize.

Recruitment Emphasis: The focus on promoting webinars and encouraging sign-ups is a classic MLM strategy, aiming to recruit new members rather than providing a transparent and verifiable service or product.

No Independent Reviews: The lack of independent reviews or third-party evaluations further casts doubt on the platform's legitimacy.

We have compiled a list of attendees from the meeting, which includes:

Damian Landaeta, Dr. Hubert L. Garnett, Michael Burnett, Bridget Copeland Harris, Daphney Dameraux, Greg-Smarter Than Money, Salena Billings, Denise, delb, Miriam, Shaheed Ali, Cherie Joy, Denise Mims-Cruse, Garry Linton NJ, Jean Robinson, Valencia GLQ, Joseph Miller, Marie Froese, Ernie, John's S23, Jacque-kaa (Janice) Goodman, Jeanne, Lopinia’s iPhone, OJW, Cedric Lowe, Ras Tobiyah, Catherine Springer, EAC SNOW HILL, Derwin Penn, Elizabeth's A13, Trevor's A71, Pastor Tom, Corinthea Stack, STEVEN HOLTEN, cassity marsahll, Dr. Sandra Stanley-Chavis, Maxine Carter Smith, Marc Anthony Arnold, Bishop Everton Thomas, Marvette, Aaron Singleton, David Walton, Tyrone, Savannah-Alisha, Sharon Cotton, Maria Piszek, Deborah Y. Ien, Diane Brown, Lorna Chambers, Janet Kamin, Michael J Washington, Devaughn Smilie, Carol Riley, Brenda White, Flavian, POWERHOUSE, NYJOLEDyer, Sheryl White, George Fletcher, Pastor Bobby McKenzie, Vincent Muhammad, Ms. Myra Fields, Merrick, Jameel Dowdy, Esel Jay, Yvonne Thomas, DON’s iPhone (2), Patricia Hill, Becky Lynch, Lennie Henry, Douglas Ford, kevin scott, Pastor Pamela Dixon, Melba Scott, Lorna Brown, Karen, 280471 jeff Harvey, Shabaka J-El, Dj Mitchell, Jovia, Cheryl Evans, Josephine Simmons, Linda M., Joe, Sharon Dunkley, Ron Bell, Brenda Lane, K51, Jeanera Harper, Nat, QUEEN URSIE, Margaret A Blake, Audley Smith, D Clark, The Wealth Minister (Brother Eric Ture Muhammad), D Fowler, Sophia Murray, Rebecca Rose, Lynette Tanner, Edna & Martin, Tammy Malone, @iamSedataious, D Bishop, Rev. Charles Thomas, Diamond Read, Michael Prescod, Barbara, Beverly Davis, Dhikra Muhammad, Donna Vinson, Okechukwu’s iPhone, Dr BernardNathaniel Brisbane Sr, Audrey Freeman, Jazzy, Pat Robinson, Barbara Phillips, Belinda Battiste, Beverly Smith, Linda C. Durham (LCD), Portia Benson, Josefa Van Nevel, Jackie Hall, Terrance Malone, Sharyn Abbott, HERNEL WATSON