There is no information on The VIP Team website indicating who owns or runs the business.
The company website does have an “about us” page, but only the following marketing spiel is provided:
We are a group of business professionals who specialize in delivering new innovative products and services to the marketplace focused on assuring that EVERYONE can MAKE PROFIT.
The VIP Team website domain (“the-vip-team.com”) was registered on the 12th of March 2015, with Lieven VanNeste listed as the owner. An address in Portugal is also provided.
YouTube videos that feature on The VIP Team website are also hosted on VanNeste’s YouTube account.
VanNeste (right) first popped up on BehindMLM last month as the admin of
PM RevShares
.
PM RevShares is a Ponzi scheme that sees affiliates invest up to $10,000 on the promise of advertised ROIs of up to 8% a day.
Prior to PM RevShares VanNeste was heavily involved in the Hourly RevShare Ponzi scheme (2012-2013). He was also an investor in
TelexFree
, a $1.8 billion dollar Ponzi scheme
shut down by the SEC in 2014
.
Read on for a full review of The VIP Team MLM business opportunity.
The VIP Team Product Line
The VIP Team has no retailable products or services, with affiliates only able to market affiliate membership to The VIP Team itself.
Once signed up, The VIP Team affiliates are then able to invest funds in “VIP credits”, which qualify an affiliate to participate in The VIP Team income opportunity.
The VIP Team Compensation Plan
The VIP Team compensation plan sees affiliates invest sums of up to $50,000, receive a weekly ROI and get paid to recruit new investors.
Weekly ROIs
The VIP Team affiliates are able to invest sums of money in exchange for VIP credits.
These credits constitute one share in a weekly pool the company pays out.
This pool is made up of 25% of new affiliate membership fees ($1000 to $50,000) and 50% of any commissions generated through Exitus Network (see review conclusion below).
VIP credits are obtained both when a VIP Team affiliate signs up and via continued investment and reinvestment of funds.
A new The VIP Team affiliate must spend between $1000 to $50,000 when they join the company. How much they spend determines how many VIP credits they receive.
Through re-investment of their weekly ROI paid out, a The VIP Team affiliate can then grow their VIP credit balance.
Additional credits can be directly invested in, with The VIP Team website accepting $20 to $10,000 in funds.
Referral Commissions
The VIP Team affiliates are directly compensated for bringing new investors on board, receiving 40% of the funds a newly recruited affiliate invests.
This can be as high as 40% of $50,000 ($20,000).
Mandatory Reinvestment
50% of all commissions paid out by The VIP Team must be reinvested back into the company.
These funds are reinvested incrementally over seven steps ranging from $1000 to $50,000 (no specifics are provided).
Joining The VIP Team
Affiliate membership wit
🤖 Quick Answer
Who owns The VIP Team according to domain registration records?Lieven VanNeste is listed as the owner of The VIP Team website domain ("the-vip-team.com"), registered on March 12, 2015. An address in Portugal is associated with the registration, though the company's official website does not clearly disclose ownership information.
What marketing description does The VIP Team provide about itself?
The VIP Team describes itself as a group of business professionals specializing in delivering innovative products and services to the marketplace, with stated focus on ensuring that everyone can make profit through their offerings and business model.
What is the connection between The VIP Team and Lieven VanNeste's other ventures?
YouTube videos featured on The VIP Team website are hosted on VanNeste's personal YouTube account. VanNeste previously appeared as administrator of PM RevShares, identified as a Pon
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