Blessings In No Time, aka “BINT”, was a matrix-based pyramid scheme.
On June 9th BINT and husband and wife operators, LaShonda and Marlon Moore, were
sued by the Texas AG
.
Today the FTC and Arkansas AG have followed up with a joint federal fraud lawsuit.
The Moores (right) were pitching a “credit repair” service through their company “The Mogul Behavior”.
Evidently that didn’t work out, prompting the couple to launch a multi-million dollar gifting scheme.
Blessings In No Time was officially launched in August 2020.
Bint operated via an app and disguised their illegal gifting scheme as “linkfunding”.
What are the advantages of linkfunding?
When funding from the government and nonprofits falls short, many people turn to linkfunding, meaning that they will rely on the kindness of their community.
Online fundraising removes the traditional barriers that typically exist when asking for support, making it simple to overcome financial obstacles quickly or raise money for a worthy cause.
“Causes” were of course BINT scammers’ hip pockets. BINT affiliates stole from those who joined after them in typical gifting pyramid fashion.
Under the “linkfunding” ruse, the Moores claimed BINT was “a safe, lucrative, and legal moneymaking membership program.”
The FTC disagrees
;
In truth, BINT has been an illegal pyramid scheme. BINT has solicited money from consumers and promised them investment returns as high as 800 percent.
These promises are false.
The supposed investment returns Defendants have promised members they would receive have been, in reality, merely funds other members paid to participate in the scheme.
By the program’s design, most members have not earned returns but have instead lost the money they have paid to participate in BINT.
Therefore, BINT has not been a safe, lucrative, or legal moneymaking program.
You won’t find a BINT review here on BehindMLM because I’d never heard of the company.
Here’s why:
To help perpetuate their scheme, Defendants have prohibited members from posting anything concerning BINT online or on social media.
Members who have violated this rule risked forfeiting the money they have paid into the scheme.
This prohibition has prevented aggrieved consumers from alerting other consumers that BINT has not been a legitimate enterprise.
The FTC alleges that through BINT, LaShonda and Marlon Moore have scammed consumers out of tens of millions of dollars.
Despite these substantial losses, BINT was marketed on the cliche that nobody that had lost had come forward.
a guest speaker introduced by Defendants LaShonda Moore and Marlon Moore told the BINT community in a recorded live video, “the last time I checked, and you can correct me if I’m wrong, there is not a person out there that can say ‘I lost money with BINT.’”
BehindMLM regularly sees this defense trotted out in defense of scams.
The Moores represented the amount of money deposited into BINT, $29 million, was a proof of its legitimacy. They also
🤖 Quick Answer
What was Blessings In No Time (BINT)?Blessings In No Time was a matrix-based pyramid scheme operated by LaShonda and Marlon Moore. Launched in August 2020, the scheme operated through a mobile application and illegally disguised itself as a "linkfunding" service, defrauding participants of millions of dollars.
Who took legal action against BINT?
The Texas Attorney General filed the initial lawsuit on June 9th against BINT and operators LaShonda and Marlon Moore. Subsequently, the Federal Trade Commission and Arkansas Attorney General launched a joint federal fraud lawsuit against the scheme.
What legitimate business preceded the pyramid scheme?
Before launching BINT, the Moores operated "The Mogul Behavior," a company offering credit repair services. When this business proved unsuccessful, they transitioned to creating the multi-million dollar gifting pyramid
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