Travel and Cash (not to be confused with
My Travel & Cash
from 2012), went into prelaunch last month and claim to be registered in Belize.
The company doesn’t actually have a physical presence there however, with the Travel and Cash website stating
The owners and management have operated a number of international businesses operating remotely in many different parts of the world.
Our in house IT and web development team are based in India and Australia. Our management team are located in India, Malaysia, Thailand and Croatia.
Identified as co-founders of the company on the Travel and Cash website are Kingsley Ennis (President) and Michael Faust (Chief Visionary Officer).
Ennis appears to have gotten involved in MLM as an affiliate with
Yoli
, another MLM company operating in health and nutrition niche.
Here he is being
awkward on stage
in 2012 (at what believe is a Yoli event).
Just two months ago in a BusinessForHome article covering Yoli’s expansion into Canada, Ennis (right), credited as a Yoli Founding Triple Diamond Executive affiliate,
had this to say
:
When the Company announced; the Yoli products will be available in Canada from 27th March 2015 everyone was so excited!
It’s so so exciting to be at the beginning where millions of new people can now join in our mission of health and freedom. The sky is truly the limit…!
No idea what happened there, but Travel and Cash went into prelaunch in April.
Whether or not Ennis is still a Yoli affiliate is unclear.
Michael Faust meanwhile was involved in something called “Holidays and Cash” back in 2009.
Michael Faust, the International Sales Director of HolidaysandCash, a multinational network marketing company headquatered in Nigeria is set to formerly launch the current fastest growing and most rewarding online marketing product in Nigeria ith the course of this week and next week.
Holidays and Cash saw affiliates pay $240 and get paid to recruit other affiliates who did the same.
In 2010 Faust (right) launched “Lekker International”, another travel-based MLM opportunity.
In 2013 Faust was promoting Wenyard, a Ponzi scheme launched that same year.
In response to
BehindMLM identifying Wenyard as a Ponzi scheme
in late 2013,
Faust replied
:
Are (you) saying that the 20,000 people who joined Wenyard the last 5 weeks are all gullible, unintelligent, naive and can in no way make an informed decision yet the owners of this site and others making negative remarks are more informed?
It just may be that NOW is NOT the right time for YOU to join but 20,000 people growing at almost 800 a day ARE choosing to get involved and they don’t need misleading posts and websites to sway them.
Wenyard went on to run out of new affiliate funds and collapse less than a year later.
Read on for a full review of the Travel and Cash MLM business opportunity.
The Travel and Cash Product Line
Travel and Cash has no retailable products or services, with affiliates only able to market affiliate m
🤖 Quick Answer
# Travel and Cash Review: Q&A Block
What is Travel and Cash?
Travel and Cash is a company that entered prelaunch status and claims registration in Belize, though maintains no physical presence there. The organization operates remotely with management distributed across India, Malaysia, Thailand, and Croatia, while IT development teams are based in India and Australia.
Who are the identified founders of Travel and Cash?
The company lists Kingsley Ennis as President and Michael Faust as Chief Visionary Officer. Ennis has prior involvement in multilevel marketing, having worked as an affiliate with Yoli, a health-focused MLM company.
What business model does Travel and Cash employ?
Travel and Cash operates as a hybrid structure combining travel-related services with financial mechanisms characteristic of Ponzi pyramid schemes, utilizing a distributed management structure across multiple international jurisdictions.
**Where are Travel and Cash's operational teams
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