Prosecutors in Andorra have filed fraud prices towards MWR Life prime earner Catherine Techer.
Techer was arrested in Andorra on Wednesday, July twenty seventh. She stands accused of bilking two customers out of “about €250,000 euros”.
These customers, each of that are understood to reside in Andorra, filed a criticism with authorities. That criticism result in an investigation and Techer’s arrest.
Further victims are believed to be in France and Belgium, nonetheless complaints have but to be registered.
Techer claims to have earned “a number of million” as an MWR Life promoter for a number of years.
Techer is going through pyramid fraud prices that might end in a jail sentence. As reported by Altaveu, Techer is at present out on €500,000 EUR bail.
Techer is below home arrest at a property in La Massana. Her “high-end automobile” and Andorran financial institution accounts have been seized.
Somewhat than present proof of retail gross sales to clear her title, in feedback directed to her To The Prime group, Techer acknowledged “MWR Life doesn’t must show its legality and reliability.”
Techer dismissed the costs towards her, stating
on-line advertising isn’t understood in Andorra and that it’s frowned upon for a French resident to earn “a number of million”.
Techer blames her authorized troubles on “evil detractors and envy”.
The Andorran investigation purportedly uncovered widespread withdrawal delays inside the firm.
Techer has assured her downline that “funds will develop into automated and common”.
Why MWR Life is having withdrawal fee issues is unclear.
I went searching for info on the delays. There isn’t any details about the difficulty on MWR Life’s web site or social media channels.
MWR Life is run by Yoni Ashurov. When BehindMLM reviewed MWR Life in 2015, the corporate was spruiking third-party phone providers.
At present MWR Life markets itself as a WorldVentures clone, full with hand-held “you have to be right here” styled hand banners.
WorldVentures was probably the most infamous pyramid schemes seen within the MLM business.
It collapsed and filed for chapter late final yr.
Alexa visitors estimates for MWR Life’s web site reveal a nose-dive starting July 2021. Russia is at present the one notable supply of visitors (37%).
Given the COVID-19 international pandemic, it’s extremely unlikely MWR Life is producing the vast majority of company-wide income through retail journey.
We all know COVID-19 decimated what was left of WorldVentures’ enterprise. As with WorldVentures, the vast majority of MWR Life’s company-wide income is more likely to be sourced from affiliate membership packages.
In that case, this is able to affirm MWR Life is working as a pyramid scheme.
MWR did at one stage present a replica of their compensation plan to the general public on their web site. Entry has since been eliminated.
MWR Life does present a 2020 Earnings Disclosure Assertion, nonetheless it doesn’t present retail income figures. Nor has it been up to date since December 2019.
