Leonardo Cositorto, founding father of the collapsed Era Zoe Ponzi scheme, is presently being held in an Argentinian jail on fraud fees.
Doubling down on fraud, Cositorto has now launched All Us Training.
All Us Training payments itself as an “academy”.
Change into a Tremendous Coach
Learn to create correct contexts for a training or risk dialog by being the change you need to see on the planet.
Study finance, buying and selling, future design, organizational management, and far more.
Not surprisingly, All Us Training is made up of former Era Zoe buyers.
The enterprise mannequin is straightforward. Join, pay $6, recruit 5 folks… revenue.
In different phrases, All Us Training is a pyramid scheme.
In a latest interview given from jail, Cositorto (proper) maintains that neither Era Zoe or All Us Training had been/are pyramid schemes.
A pyramid is when, one: there isn’t a product; two: you earn cash everytime you invite different folks to take part.
Third: the invitee can by no means earn greater than the one who invited. However primarily there isn’t a product.
And Zoe did have a product, which was an academic product.
Placing apart Era Zoe was at the start a Ponzi scheme (all MLM Ponzi schemes have a pyramid element), including a product to a Ponzi and/or pyramid scheme doesn’t legitimize fraud.
A enterprise mannequin defines fraud, regardless of whether or not merchandise are hooked up. The “however we’ve a product!” ruse hasn’t been a factor for over 20 years.
All Us Training has no retail clients. You join as an affiliate, recruit new associates and receives a commission to take action. Once more, no matter what that’s hooked up to (some baloney training platform on this case), All Us Training is utilizing a pyramid scheme enterprise mannequin.
Oh they usually’re most likely promoting your private information too;
What private information can we acquire?
Our academy collects and shops your private and identification information (reminiscent of title, surname, residence tackle, e-mail tackle, programs of curiosity, citizenship, gender, place and date of start, phone quantity) via our channels.
As of early October, $6500 had been misplaced via All Us Training. Past double scamming Era Zoe victims, it doesn’t look prone to take off.
One other cash spinner for Costitorto is promoting the narrative rights to Era Zoe, which brings with it its personal set of issues (accuracy being the first concern).
Behind the work there are two worldwide manufacturing firms. Certainly one of them, Vice TV, is predicated in London.
The opposite, they are saying from their environment, is an American firm. PROFILE CÓRDOBA confirmed, via the provincial authorities, that Cositorto was contacted by Vice TV.
As he was in a position to reconstruct this medium, it was in April of this 12 months. From there, the negotiation progressed. In the course of the 12 months the contract was signed and, later, it was filmed.
There are scenes within the Bouwer jail, the place the interviews with Cositorto happened.
The settlement is a part of a confidentiality settlement, they identified from the setting of the chief of Era Zoe.
Manufacturing is within the remaining stage.
As at October thirtieth, there are purportedly two events overlaying the Era Zoe Ponzi saga.
Cositorto, who had been held in custody since his extradition to Argentina again in April, was denied bail for a 3rd time again in July.
The legal case in opposition to Cositorto continues however there haven’t been any important updates for the reason that July bail denial.
