My intention is to make others aware of a ponzi scheme by a company calling themselves Infinity 2 Global, otherwise known as I2G, whose owners are Richard Maike, and Doyce Barnes.
Representatives of this company, listed below, gave income opportunity presentations for an upcoming business in the online gambling indusry. We were told that their online casino would soon be making up to $50 million dollars per month, and if we only invested $5000 as founding members of the company and convinced others to do the same, we could earn over one hundred thousand dollars per month, just as two other members had done. We had been urged to invest at the highest amount in order to participate in the monthly profit sharing pool, which would be paid every single month. Some of use were advised to purchase multiple $5000 positions in order to receiving the greatest monthly earnings. The two members used as succes examples were Jason Syn and Dennis Dvorin.
I attended three evening opportunity calls and daytime webinars where the same message was given. On Saturdays the company also gave training webinars and team training where one of the leaders explained how to navigate the member adminisrative office and we were also shown the income balance in the thousands including how to easily transfer money from the website to a bank account.
After several talks with different leaders I invested $5000 and referred many of my friends as well. Since joining this program I have earned less than $200 back and the monthly Emperor bonus pool has dropped down from $21 per month to $16 a month.
Complaints were made to the company regarding the lack of sales generated by the online casino and we also requested marketing tools, as well as a solution whereby we could promote the casino directly. All of our requests and suggestions were turned down. When I asked to be provided with details as to how many customers there are in the casino or what the monthly sales reports might be, I was told that i2g would not divulge that information.
As a founding member and investor, I believe it is our right to know exactly how our money is being spent and how much money is truly being distributed to the Emperor profit sharing pool. The monthly profit sharing pool amount has been dropping each month, yet the number or Emperor positions has remained static. So it is only common sense to realize i2gcasino isn't earning enough profit nor is it being promoted or sold effectively.
Infinity 2 Global through it's presentation video states that thiers is an sustainable business opportunity which is based on acquiring customers more than recruiting members. However, so far nothing could be further from the truth. I would like someone from the State of Kentucky and the SEC to investigate Rick Maike, Doyce Barnes, Dennis Dvorin Faraday Hosseinpour, David Manning, Tony Adimey, Richard & Susan Anzalone, Gary Davis, Jason Syn, Juan & Jennifer Nolazco.
beachbumm
Las Vegas,#2Author of original report
Tue, July 29, 2014
Hey Numbnuts,
I2G does not have an SEC securities sales license and therefore should not be claiming the company will do $50 million a year. You also missed the entire point of the report.
A ponzi scheme is where almost 100% of the income generated is dependent upon recruiting. Take away the recruiting compensation and the company therefore is not making money from selling products or services.
I2G is a ponzi scheme.
They claim within the business opportunity presentation that this company will have more customers than representatives but yet, that is a flat out lie.
All of your income comes from recruiting and not from selling product. You can get upset and angry that members should have known there would be a risk, but you cannot defend or disagree that i2G is making false claims about selling to customers.
You might as well boast about being a ponzi scheme instead. Be proud of it.
But for any member that is pissed off that Rick Maike and Doyce Barnes continue to lie about working to sell products and make this a profitable company, those people need to wake up and understand you are getting ripped off and ripping off others.
Yeah you can pat yourselves on the back for breaking records, but your priding yourself in ripping people off, which are all the other i2G members that you have brain washed into thinking they can make milllions if only they try hard and work their way up.
You are obviously not breaking product SALES records. You are breaking recruiting records.
How does it feel to be proud of ripping people off?
In a ponzi the game is rigged from the start.
Those that get in first and recruit others who recruit more have guaranteed their position at the very top, because no one in the company can sell a product, therefore it is not a fair playing field.
Every new member is pumping money upwards to the top leaders including i2g which pockets all the rest of the money that is not paid to the top leaders.
And the company will never pay out this money, but will hoard it, again because no commissions are being paid for actually selling a product.
Rick Maike and Doyce Barnes basically were able to generate $30 Million Dollars without paying a penny in interest and will use it to buy real estate. Yet, none of the members of the i2G organization will ever see any of that real estate money.
It's a slick scheme of raising capital by using a ponzi scheme.
Fact - There are no commissions earned by selling products
Fact - i2G is an investment vehicle according to their business presentation but have no SEC securities license
Fact - None of the i2g products is generating sales.
Fact - None of the different products are turning a profit
Fact - Monthly $5000 investment into i2g is paying back $17 per month from the profit sharing pool
Fact - If an accountant were to look at i2g as a regular company, they would say the company is on the verge of going broke.
The i2G business plan was built on glass. Take away the fake compensation program and the company will collapse within hours.
Robert Deery
Asheviile,#3Consumer Comment
Fri, July 25, 2014
I'm an Independent Business Owner with I2G.... and couldn't be happier....
I have no idea how much Sales/Marketing or Network Marketing Expereince this individual has... But,with any investment there is always Risk....and have no idea how much time and effort this person exerted to build a business.... If he read the "Income Disclosure" he should have known that there are/were No Guarantees and the results someone achieves depends completetly on one's individual skills and effort...
The Emperor position was limited to 5,000 individuals who saw the Vision of and believed in the Founders and invested $5,000... Those investors certainy knew or should have know that I2G was a start up company and that the vast majority of start upd Fail within the first year and were willing to assume the risk...
In Fact, the company is approaching it's 1st anniversary,has broken every industry record in years and people who never made a dime in Network Marketing are making life changing incomes and 100's have already achieved 6 figure incomes.
My suggestion to the individual who wrote the complaint is that rather than pointing his finger at I2G that he Look in the Mirror and admit that in his case,he made a poor decision... and rather than being obsessed with what he believes is a justified cause to just chalk it up as an error in judgement and get on with his life ..