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Report: #1179583

Complaint Review: New Vegas Events - Las Vegas Nevada

  • Submitted:
  • Updated:
  • Reported By: ET1680 — LAS VEGAS Nevada
  • Author Confirmed What's this?
  • Why?
  • New Vegas Events 889 S Rainbow Blvd, #641 Las Vegas, Nevada USA

New Vegas Events - Another Circle Marketing/Multi Level Marketing Pyramid Sales Scheme Las Vegas Nevada

*Author of original report: Update

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New Vegas Events Inc - A Multi Level Marketing Scheme in the Las Vegas area. 

Avoid this company, it fits the standard profile for a MLM as per the following links: 
http://pyramidschemealert.org/are-all-mlms-scams/
http://www.vandruff.com/mlm.html

Essentially, sales people work minimum wage (or commission, depending on which is higher) for up to 1 year, hoping to head towards a promotion up of to management where they can make 75-100k. This salary that management makes is their "share" of the profits, made of course by the people doing the sales.

Of course as a manager, your role is to expand the business and recruit more people... The only way the managers can make a large amount of money is off the people expected to do the selling...who in turn are seeking to be managers themselves or quit. Either way, continual recruitment and growth is the only way to stay profitable, until the target market is saturated and managers can start up a new business elsewhere.

In other words, a standard MLM.

 

 

 

This report was posted on Ripoff Report on 09/26/2014 09:25 PM and is a permanent record located here: https://www.ripoffreport.com/reports/new-vegas-events/las-vegas-nevada-89145/new-vegas-events-another-circle-marketingmulti-level-marketing-pyramid-sales-scheme-l-1179583. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Author of original report

Update

AUTHOR: 555 - ()

POSTED: Monday, September 29, 2014

New Vegas Events Inc is a satellite company of Smart Circle, who have a long and well documented history (including on this site) of running similar such pyramid/multi-level marketing schemes all across the nation and a very poor subsequent online reputation. 

 

 

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