Is IM Academy a Pyramid Scheme?
If you’ve been wondering “What is IM Academy a pyramid scheme?” you’ve come to the right place. In this article, we’ll discuss whether it is a multilevel marketing company or a cult-like organization. You’ll learn why we believe the company is a pyramid scheme.
IM Mastery Academy is a pyramid scheme
IM Mastery Academy is a multi-level marketing company that relies on affiliate links to recruit new members. These members become part of the “downline” and can go through multiple levels. This structure is similar to a pyramid scheme, but unlike a pyramid scheme, IM Mastery Academy actually sells products. Moreover, the company is registered with the appropriate regulatory authorities in every country where it operates.
This company offers various levels of compensation, including one-level Platinum Membership, two-level Affiliate Sales, and a one-level Bonus System. Each rank is tied to certain goals, including retail sales and recruiting more people. As a result, if you’re successful in a certain level, you can earn additional residuals in the next level.
IM Academy is a multilevel marketing company
IM Academy is a scam that claims to offer internet marketing training. While there are some claims of success, the program is not legitimate and its members have not been able to earn a penny from it. The scam was first discovered in Spain where eight people were arrested after an 18-month investigation. The police found that the participants of the scheme used cult-like practices to manipulate their victims.
To earn a commission in the IM Academy program, you need to recruit other people. This is a time and money intensive task. You can start with your friends and family or advertise on social media to recruit others. However, if you want to reach the highest number of potential recruits, you will have to meet these people face-to-face and spend money on travel expenses and food.
IM Academy is a cult-like organization
The IM Academy is a scam that claims to teach online marketing. This program is a hoax, and many people have lost money and time trying to participate. The scammers have also been accused of using cult-like practices to convince people to pay for courses they don’t need. If you’ve been duped by this scam, you should report it to the police.
The association RedUNE, which works to protect victims of sects and sectarianism, has warned about the cult’s recent activities. The association calls for the police to investigate the IM Academy and take steps to shut down the organization.
IM Academy members are brainwashed
IM Academy is a pyramid scheme which rewards its members with money for recruiting new members. I met one former member who recruited 30 people in a month and spent 14 hours per day recruiting people. After a couple of years, he realized that he had been duped. He later learned that IM Academy is run by RedUne, a sect which practices similar persuasion tactics.
The Spanish National Police has arrested eight people in connection with the IM Academy scam. The alleged cult-like practices of the IM Academy led to millions of euros being defrauded. If you think you have been scammed by IM Academy, you should contact the police immediately. You can also contact Scam Help to help you recover your money.
IM Academy does not offer investment opportunities
If you’re looking to learn how to trade on the foreign exchange market, IM Academy is a good option. This New York-based company was started in 2013 by Christopher Terry. Before founding the company, Terry worked as a construction manager. He also had experience with multi-level marketing companies. His work included Amway, Zeek Rewards, and other companies. Unfortunately, the SEC considered Zeek Rewards to be a Ponzi scheme. IM Academy, however, has a different approach.
IM Academy is a community-based learning environment that focuses on empowering anyone to become the best version of themselves. The course material is delivered in an easy, fun, and interactive way, and members can attend live sessions with industry experts. They can also participate in independent business opportunities that earn them residual income.
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