Carlos Barbosa, named CEO in Wings Network's compensation plan, has strong ties to BBOM, a Ponzi scheme shut down by Brazilian authorities earlier this year. Barbosa previously advertised BBOM tickets, promising an R$800 monthly return on investment for participants.
The Wings Network website offers no information about who owns or operates the business. Its domain, "wingsnetwork.com," registered November 9, 2011, maintains private registration details. The company's compensation plan identifies Barbosa as a "Portuguese citizen."
BBOM was a fraudulent investment scheme that collected between $300 and $1500 per participant. Barbosa promoted BBOM franchises, requiring initial investments of R$600 for a Bronze Plan, R$1,800 for Silver, and R$3,000 for Gold in Rio Grande do Sul, Brazil.
A template on the Wings Network website automatically assigns affiliate account details to "Joao Carlos Andrade" if no sponsor is provided during signup. Andrade, who uses the name "John" on LinkedIn, states he lives in Portugal. His profile lists him as a "senior advisor" for Wings Network and a "diamond" investor in BBOM.
Wings Network provides no specific product line details on its website. The company claims it uses a "multilevel marketing system for the distribution of our products." This system, it states, distributes profits to affiliates who help sell products or find new users.
The company mentions a "personal page, cloud drive, mobile apps and games." But the nature of these items and how they integrate into the Wings Network MLM business opportunity remain undisclosed.
The Wings Network compensation plan centers on affiliates purchasing packages. Four packages are available: Start for $299, Executive for $899, and Elite for $1499.
Recruitment commissions are paid when a newly recruited Wings Network affiliate buys one of these packages. The recruiting affiliate receives $10 for a Start package, $25 for an Executive package, and $50 for an Elite package.
Residual commissions are paid daily through a binary compensation structure. This system places an affiliate at the top of a binary team, split into two sides. Each position in the binary team represents a recruited affiliate, whether directly or indirectly. The affiliate package they signed up with generates a point balance.