{"id":16810,"date":"2015-11-24T16:46:45","date_gmt":"2015-11-24T22:46:45","guid":{"rendered":"http:\/\/www.sequenceinc.com\/fraudfiles\/?p=16810"},"modified":"2015-11-24T16:46:45","modified_gmt":"2015-11-24T22:46:45","slug":"thompson-burton-support-company-of-the-year-from-academy-of-multilevel-marketing","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/thompson-burton-support-company-of-the-year-from-academy-of-multilevel-marketing\/","title":{"rendered":"Thompson Burton: Support Company of the Year from Academy of Multilevel Marketing"},"content":{"rendered":"

\"lol\"<\/a>Thompson Burton, a law firm providing services to multi-level marketing companies, provides our comic relief today, along with “The Academy of Multilevel Marketing” (TAMM).<\/p>\n

The Academy of Multi-Level Marketing is an organization created by MLM industry supporters to make up some awards to give legitimacy to those involved in the grand scam that is called multilevel marketing, direct sales, network marketing, or other clever names (generally used to disguise the fact that these companies are nothing but endless chain recruiting schemes)<\/a>.<\/p>\n

The multi-level marketing industry is no stranger to ruses that make it look legitimate. The Direct Selling Association (DSA) that has held itself out as an MLM industry watchdog. In fact, it is essentially a lobbying organization whose job is to convince lawmakers to keep their scams legal. And so it follows that “TAMM” would give out silly awards to those who perpetuate multi-level marketing scams.<\/p>\n

Today Kevin Thompson of Thompson Burton is pleased to announce that it has been given the very prestgious “Support Company of the Year” award<\/a>. Thompson Burton also won the same award in 2014! This is humorous because one of their attorneys, Kevin Grimes, was sued last year for his part in the Zeek Rewards (Zeekler) pyramid scheme<\/a>.\u00a0 He ultimately paid $1.75 million to settle the ZeekRewards claims<\/a>. Of course, we’re not supposed to breathe a word of this big oops…. let’s instead just talk about what a great attorney Kevin Grimes is<\/a>!<\/p>\n

The website says:<\/p>\n

Over his 23 year career as a network marketing attorney, he has represented and advised the proverbial \u201cWho\u2019s Who\u201d of direct selling and multilevel marketing including Herbalife, Shaklee, Tupperware, USANA, Metabolife, MonaVie, and hundreds more.<\/p><\/blockquote>\n

What about Zeek Rewards? How could we leave that one off the list? After all,the lawsuit against Grimes and the law firm<\/a> alleges that during the time Grimes was legal counsel to Rex Venture Group and\u00a0 ZeekRewards (emphasis mine):<\/p>\n

By virtue of his knowledge of RVG and ZeekRewards and his legal expertise, Grimes knew or should have known that RVG was perpetrating an unlawful scheme which involved a pyramid scheme<\/strong>, an unregistered investment contract and\/or a Ponzi scheme. Despite this knowledge, Grimes actively encouraged investors to participate in the scheme by creating a so-called \u201ccompliance\u201d program that provided a false fa\u00e7ade of legality and legitimacy and knowingly allowed his name to be used to promote the scheme<\/strong>. Grimes\u2019 improper and negligent actions, which breached his fiduciary duties to RVG and assisted RVG\u2019s Insiders to breach their fiduciary duties, caused significant damage to RVG. As described in detail below, Grimes is liable to RVG both for those damages and the profits he made from RVG.<\/p><\/blockquote>\n

Such support! And thus, the award from The Academy of Multi-Level Marketing to the Thompson Burton firm.<\/p>\n

And I was tickled to find out that Gerry Nehra and his firm Nehra & Waak had been nominated<\/a> for the Support Company of the Year award by TAMM in 2013. Gerald Nehra was ALSO sued for his part in the ZeekRewards pyramid scheme<\/a>.The court documents make similar allegations as those against Grimes (emphasis mine):<\/p>\n

By virtue of their knowledge of [Zeek operator Rex Venture Group] \u00a0and ZeekRewards and their legal expertise, Nehra and Waak knew or should have known that RVG was perpetrating an unlawful scheme which involved a pyramid scheme<\/strong>, an unregistered investment contract and a Ponzi scheme. Despite this knowledge, Nehra and Waak encouraged investors to participate in the scheme by knowingly allowing their names to be used in providing a false fa\u00e7ade of legality and legitimacy and gave improper legal advice<\/strong> that allowed the scheme to continue far longer than it would have without the Defendants\u2019 support. Nehra and Waak\u2019s improper and negligent actions, which breached their fiduciary duties to RVG and assisted RVG\u2019s Insiders to breach their fiduciary duties, caused significant damage to RVG. <\/em><\/p><\/blockquote>\n

According to recent court documents, Nehra & Waak are nearing a settlement in that case<\/a>. Again, such service! Obviously deserving of a sham award!!!<\/p>\n","protected":false},"excerpt":{"rendered":"

Thompson Burton, a law firm providing services to multi-level marketing companies, provides our comic relief today, along with “The Academy of Multilevel Marketing” (TAMM). The Academy of Multi-Level Marketing is an organization created by MLM industry supporters to make up […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[824,184],"tags":[2835,2834,918,919,2294,2833,2832,2793,2292,2297,2293],"class_list":["post-16810","post","type-post","status-publish","format-standard","hentry","category-consumer-protection","category-pyramid-schemes-mlm","tag-academy-of-multi-level-marketing","tag-academy-of-multilevel-marketing","tag-gerald-nehra","tag-gerry-nehra","tag-kevin-grimes","tag-kevin-thompson","tag-nehra-and-waak","tag-thompson-burton","tag-zeek-rewards","tag-zeekler","tag-zeekrewards"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-4n8","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/16810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=16810"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/16810\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=16810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=16810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=16810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}