Thread by @LasVegasPosse

The Las Vegas Posse would like to take this opportunity to expose @IAm_Wilder32 for trying to recruit @cfl fans and teammates into a Forex Pyramid Scheme through a company called “iMarketsLive” while he was a member of the @MTLAlouettes

This will be a thread

In the last 12 months, this company has received 391 complaints on their BBB page. Almost every complaint is about the company not issuing refunds and people accusing the company of being a deceptive pyramid scheme.

The CEO, Chris Terry, was heavily involved with a company called “Zeek Rewards” which was shut down by the SEC after claims of millions of dollars in fraud. The founder of the company was sentenced to 15 years in prison.

The VP of iMarketsLive, Alex Morton, has a history of being involved other MLM schemes like a Vemma Nutrition. The FTC closed that company and they had to pay out millions for fraud.

iMarketsLive was fined for operating illegally by the CFTC in September of 2018. They are now operating under the name “Mastery IM Academy”. They have a payment structure for people like @IAm_Wilder32 if they recruit enough people

The “platinum membership” fee is $200 up front plus $145 a month after that. Once recruited members pay their fees, money goes into the recruiters pockets. If he recruits as few as two people, @IAm_Wilder32 does not have to pay monthly fees.

If you stay with the company, @IAm_Wilder32 receives weekly payouts whether you’re earning or losing money. The more people he recruits, the more the weekly payout is. He doesn’t have to trade or spend a single penny on this Forex scam.

If you look at the BBB page, all of the positive reviews of the company come in the same day and are incredibly generic. They are obviously fake. iMarketsLive is using a tactic here called “astroturfing” which is illegal under FTC guidelines.

According to income disclosure statements from the company, the vast majority members earn an average of $52 a year. That is the income for the people @IAm_Wilder32 recruits into the scam.

He profits while you barely break even or lose money

Within 24h of making the posts about “Impacting 1000 people’s lives!”, @IAm_Wilder32 would delete the Instagram posts. Probably out of fear that someone might call him out for attempting to profit off fans in an incredibly dishonest and predatory way.

Thank you for attending this expose by the Las Vegas Posse. We hope the @CFL and @MTLAlouettes are in attendance tonight and would consider action against @IAm_Wilder32 if he chooses to return to the CFL in the future.