Authorized Punk presents itself as an MLM centered spinoff of the German regulation agency SBS Regulation.
As an alternative of simply being upfront about that, SBS Regulation is introduced as a “associate” on Authorized Punk’s web site.
Cited as co-founders of Authorized Punk on its web site are Andre Schenk, Andrais Hamori and Dirk Ulaszewski.
Andre Schenk is one half of SBS Regulation, the opposite being Stephan Schulenberg.
The disgraced authorized duo are behind the defunct infamous regulation agency Schulenberg & Schenk.
Schenk and Schulenberg are finest identified for rubber-stamping OneCoin’s fraudulent enterprise mannequin in 2015.
The general evaluation of the completely different elements of the OneCoin distribution system ends in the very fact, that the OneCoin distribution system is, in our opinion, a lawful system and never a progressive one (pyramid scheme).
OneCoin would go on to defraud customers of over $4 billion {dollars}. It’s the largest MLM Ponzi scheme ever to this point.
Schulenberg additionally acted as OneCoin founder Ruja Ignatova’s private lawyer in Germany.
Ignatova stays at massive. She was positioned on the FBI’s prime 10 most wished checklist in July 2022.
Along with representing Ignatova, Schulenberg has additionally represented OneCoin executives and promoters in Germany.
To the detriment of their victims, in 2020 Schulenberg managed to get two such OneCoin promoters acquitted.
In 2021, Schulenberg and Schenk made an look as Frank Ricketts’ lawyer in an ongoing OneCoin cash laundering case. Ricketts has since obtained completely different counsel.
Andre Schenk isn’t any higher than Schulenberg. In 2016 Schenk appeared in a Schulenberg and Schenk YouTube video defending OneCoin.
Though Schulenberg denies it, the regulation agency Schulenberg and Schenk successfully rebranded as SBS Authorized in January 2020.
That is believed to have been an try to distance the agency from OneCoin.
Probably attributable to language-barriers, I used to be unable to to place collectively an unbiased MLM historical past for both Andras Hamori or Dirk Ulaszewski.
On Authorized Punk’s web site, Hamori is cited as “a pc scientist, former highschool instructor” and
founde(r of) an promoting company within the late Nineteen Nineties, which grew to become a market chief in unsolicited mail and unsolicited mail in a number of European international locations.
Dirk Ulaszewski is cited as a former Olympian and Herbalife and NuSkin government, who
labored for a few years within the sports activities enterprise in addition to in direct gross sales. He began his profession within the Nineteen Nineties at IBM, the place his affinity for IT stems from.
Regardless of Authorized Punk and SBS Regulation being primarily based out of Germany, Authorized Punk gives a company handle in Las Palmas, Spain on its web site.
This seems to correspond with a Spanish shell firm;
The next common phrases and circumstances type the contractual guidelines for the companies to be supplied in accordance with this contract between LegalPunk Worldwide SL, vddGF Mr. Dirk Ulaszewski, Avenida de Valencia 24, GC-35250 Ingenio, Las Palmas, Spain (hereinafter: Legalpunk).
Authorized Punk’s web site presents in German and may be very clearly geared toward German-speaking clientele.
Learn on for a full evaluation of Authorized Punk’s MLM alternative.
Authorized Punk’s Merchandise
Authorized Punk sells month-to-month subscription companies that present entry to authorized companies and paperwork for MLM distributors:
- Bronze (€7.99 EUR a month) – authorized texts for promoting web sites, blogs and social media, authorized legal responsibility and “replace service” and a disclaimer “within the occasion of a warning due to our authorized texts”
- Silver (€12.99 EUR a month) – provides “authorized texts for the digital sale of products” (incl. digital), “authorized texts for participation in seminars/coaching” and forwarding of authorized enquiries to a lawyer (who then will cost for any authorized recommendation)
- Gold (€27.99 EUR a month) – provides “provision of a video course”, “provision of an e book”
- Platinum (€39.99 EUR a month) – provides a second warning disclaimer and “authorized recommendation by a lawyer”
Authorized Punk claims they’re
are responsible for the authorized texts created by our legal professionals in accordance with our Normal Phrases and Circumstances.
If different authorized advisory companies are supplied by our contract legal professionals as a part of the safety packages, they’re liable – like different legal professionals – for his or her authorized advisory companies.
Along with SBS Regulation and its SBS Tax spinoff, different companions cited on Authorized Punk’s web site includeRhein Inkasso and Receivables Administration and dbaLine software program options.
Authorized Punk’s Compensation Plan
Authorized Punk pays commissions on subscription purchases by retail clients and associates.
Referral Commissions
Authorized Punk pays a 20% fee on subscriptions bought by personally referred retail clients and personally recruited associates.
Residual Commissions
Sadly Authorized Punk don’t disclose the particular phrases of their residual commissions:
Chance of constructing a gross sales construction over 3 ranges
From this we are able to confirm Authorized Punk presents residual commissions down three ranges of recruitment (unilevel):
Becoming a member of Authorized Punk
Authorized Punk affiliate membership is free.
Authorized Punk Conclusion
Authorized Punk’s viability rests on its authorized fame. And sadly, regardless of what number of occasions they modify their regulation agency’s identify, Schulenberg & Schenk are OneCoin Ponzi legal professionals.
From an goal viewpoint, Schulenberg & Schenk’s illustration of OneCoin and Ruja Ignatova comes all the way down to;
- lacking a multi-billion greenback MLM Ponzi scheme once they signed off on OneCoin; or
- taking soiled cash and defending a multi-billion greenback MLM Ponzi scheme.
Neither of those are what I’d be on the lookout for in terms of authorized recommendation or illustration. And that’s an issue, as a result of it’s Leal Punk’s entire enterprise mannequin.
To this point Schulenberg & Schenk have did not personal their mistake in representing OneCoin and Ruja Ignatova. I’d be keen to provide them the advantage of the doubt if it was a as soon as off, as even criminals want authorized illustration (somebody has to do it).
However Schulenberg & Schenk’s continued illustration of OneCoin scammers is the doubling down. By all means achieve this for the cash, however in some unspecified time in the future it’s important to anticipate your authorized credibility and fame will lengthen past the purpose of no return.
Personally, with respect to authorized recommendation for my MLM enterprise, I’d need nothing to do with a regulation agency who did not establish a multi-billion greenback Ponzi scheme. Or who thinks repeatedly representing MLM Ponzi scammers, to the detriment of their victims, is sweet enterprise.
As for Authorized Punk itself as an MLM alternative, there’s a token differentiation between associates and retail clients. Mixed with no retail quantity qualifiers, this paves the way in which for almost all of Authorized Punk clients additionally being affiliate promoters.
If that’s the case, then Authorized Punk could be working as a pyramid scheme.
That could be a legitimate due diligence concern however is small potatoes in comparison with the OneCoin elephant within the room.
