XL Results Foundation reviews and complaints

Consumer Update - XL Results Foundation collapse

The XL Results Foundation Head Office in Singapore has closed down.
Address: 30 Robinson Road, #02-01, Robinson Towers, SINGAPORE 048546.

Victims of Ponzi Scheme operator Roger Hamilton and the XL Results Foundation scam are advised to contact the Consumer Affairs Department and/or Department of Fair Trade in their respective country.

XL Results Foundation Pte Ltd is owned by a holding company incorporated to a PO Box address in the Republic of Seychelles.

Company Secretary, MARGARET LOH CHUI MEI, 10 Anson Road, #21-07, International Plaza, SINGAPORE 079903.

Warnings against the Ponzi Scheme and cult, XL Results Foundation have been issued by bloggers, consumer associations in the UK, America and Australia and newspaper articles in Singapore, Australia and New Zealand.

Consumer Update - XL Results Foundation collapse

The XL Results Foundation Head Office in Singapore has closed down.
Address: 30 Robinson Road, #02-01, Robinson Towers, SINGAPORE 048546.

Victims of Ponzi Scheme operator Roger Hamilton and the XL Results Foundation scam are advised to contact the Consumer Affairs Department and/or Department of Fair Trade in their respective country.

XL Results Foundation Pte Ltd is owned by a holding company incorporated to a PO Box address in the Republic of Seychelles.

Company Secretary, MARGARET LOH CHUI MEI, 10 Anson Road, #21-07, International Plaza, SINGAPORE 079903.

Warnings against the Ponzi Scheme and cult, XL Results Foundation have been issued by bloggers, consumer associations in the UK, America and Australia and newspaper articles in Singapore, Australia and New Zealand.

Consumer Update - Roger Hamilton & XL Results Foundation collapse

The XL Results Foundation Head Office in Singapore has closed down.
Address: 30 Robinson Road, #02-01, Robinson Towers, SINGAPORE 048546.

Victims of Ponzi Scheme operator Roger Hamilton and the XL Results Foundation scam are advised to contact the Consumer Affairs Department and/or Department of Fair Trade in their respective country.

XL Results Foundation Pte Ltd is owned by a holding company incorporated to a PO Box address in the Republic of Seychelles.

Company Secretary, MARGARET LOH CHUI MEI, 10 Anson Road, #21-07, International Plaza, SINGAPORE 079903.

Warnings against the Ponzi Scheme and cult, XL Results Foundation have been issued by bloggers, consumer associations in the UK, America and Australia and newspaper articles in Singapore, Australia and New Zealand.

More:
XL Results Foundation — Pyramid Scheme, Fraud, Scam

http://blog.datamanagementsolutions.biz/2008/06/shonky-operator.html
http://www.bizop.ca/blog2/complaints-and-investigations/xl-results-foundation/
http://mingtiandi.com/?p=58
http://www.brilliant4biz.com/category/xl-results-foundation/
http://xlresultsfoundationscam.blogspot.com
http://www.businessesfromhell.com/topic.asp?TOPIC_ID=401
http://www.stuff.co.nz/4287069a6442.html
http://www.pyramidschemealert.org
http://www.brisbanetimes.com.au/articles/2007/05/30/1180205312469.html

Business Networking Scam hits Shanghai - XL Results Foundation

May 20, 2008 – 7:52 pm

http://mingtiandi.com/?p=58

This strays a bit from our usual Mingtiandi vein, but I just received a scam appeal to entrepreneurs that I thought might be worth warning folks about. I received two emails inviting me to an “Exclusive business breakfast meeting by invitation only!” from something cheesily called the “XL Results Foundation.”

It seems this foundation is a bogus business networking scheme that bilks would-be entrepreneurs for membership money while providing them with non-existent training and networking opportunities. And I thought those dodgy financial consultants were bad! You can find out how the scam works from this posting on /link removed/ and this Australian report from Perth.

In the mail, the XL Foundation describes itself as, “the world’s leading entrepreneur and social enterprise network.” But offers no grounds for this assertion. These tricksters from Singapore further assert that their ringleader will, “explain how Businessmen and Entrepreneurs can take advantage of emerging Business Opportunities in Asia-Pacific Region.” Evidently the secret to taking advantage of opportunities is tO cOmpletely Ignore all standards reGarding Capitalisation. and the grammar.

It seems this pyramid scam has already made the rounds in Singapore, Indonesia and Australia and is now hoping to take advantage of the overly optimistic crowding the streets of Shanghai.

If you get this same email as I did, just toss it in the bin and save your business cards for the next Chamber of Commerce meeting.

The posting by XL Results Foundation is classic text book behavior of a scam.

Scams protest their innocence, litigatious and mired in controversy. They spread lies, bully critics, attempt to suppress negative media and complaints and will go to extreme measures to mislead and confuse the community to keep the scam alive.

A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling people into the scheme.

The distinguishing feature of these schemes is the fact that the product being sold has little to no intrinsic value of its own or is sold at a price out of line with its fair market value. The costs for these "products" can range up into the hundreds or thousands of dollars.

Pyramid schemes create no wealth they only move existing wealth.

The key identifiers of a pyramid scheme include:

• A highly excited pressured sales pitch.
• A reassurance that it is not in fact a pyramid scheme, possibly with a false account of what a pyramid scheme is.
• Little to no information offered about the company unless an investor purchases the products and becomes a participant.
• No product, or a product being sold at a price ridiculously in excess of its real market value. As with the company, the product is vaguely described.
• An income stream that chiefly depends on the commissions earned by enrolling new members or the purchase by members of products for their own use rather than sales to customers who are not participants in the scheme.
• A tendency for only the early investors/joiners to make any real income.
• Assurances that it is perfectly legal to participate.

The FTC also warns that the practice of getting commissions from recruiting new members is outlawed as "pyramiding."[9].

The scale of harm is enormous, with millions of dollars stolen. Perpetrators use trickery, loopholes in laws and psychological manipulation.

The disguises, rationalizations and defenses have a similar ring. Perpetrators claim they are uplifting people, creating new opportunity, and teaching a new and better way to live and prosper.

As in all such abuses of the past, huge amounts of money are spread to peddle influence, stave off regulation, and maintain the false portrayal of legitimacy. Critics are vilified and threatened with lawsuits as "anti-business" and "losers."

The element of the pyramid scheme that has the most in common with past abuses is its appeal to economic justification. Deceptive practices which take money from millions of unwitting people and enrich a small group of promoters and perpetrators are defended as "legitimate business, " helping to build the economy, employ people, and provide economic opportunity.

As an increasing amount of people are scammed the company will come to the attention of the media and authorities.

The promoter cannot raise money fast enough to keep the scam alive and the scam will collapse. Pyramid schemes are illegal.

Victims of scams are advised to contact the Department of Fair Trade.

RETRACTION OF ALLEGATIONS AGAINST ROGER HAMILTON AND XL RESULTS FOUNDATION

XL Results Foundation are pleased to announce a positive outcome to the recent legal case related to various allegations against Roger Hamilton and XL. These claims are similar to those found on interrelated and inter-referencing blogs posted on /link removed/ complaintsboard.com, hotscams.com and businessesfromhell.com along with other blogs and anonymous emails sent to our members and partners over the last three years.

On March 24th 2008, Linda Ruck, the defendant in the legal case that XL brought regarding many negative and untrue claims against the company, signed a full written confirmation, retraction & undertaking by a consent court order in the Singapore Subordinate Courts.

The undertaking includes:

1. A confirmation that she has been involved in approaching via email, and/or otherwise including postings on internet forums, blogs, websites and other means, various parties including the media, consumer groups, our members and partners.

1. An unreserved retraction of her allegations against Roger Hamilton, XL, and XL stakeholders and an unconditional acceptance that these are untrue and/or inaccurate. The retracted allegations range from claims of illegal activities, no money going to charity, misappropriation of funds, criminal investigations, fraudulent conduct and a withdrawal of her claim on pyramid sales – which are similar to all the claims found on the various emails and blogs.

1. An undertaking not to conduct or continue with any ongoing campaign against Roger and XL (through herself, anonymously or otherwise) and not to spam, blog or communicate with XL Members, XL stakeholders or the media to make negative comments about XL.

1. An undertaking to cease harassing XL, its members, partners and associated parties.

XL is glad to put the legal conclusion of this chapter behind itself and to have received vindication against all the claims that have been made through the Singapore Court System. A copy of the Consent Order of Court and full Confirmation, Retraction & Undertaking can be viewed at http://xlresultsfoundationlegalfile.wordpress.com/

XL Board of Directors
For the latest on the growth of World Wide Wealth, visit
www.resultsfoundation.com

The above posting by XL Results Foundation is classic text book behavior of a scam.

Scams protest their innocence, are highly litigatious and are mired in controversy. They spread lies, bully critics, attempt to suppress negative media and complaints and go to extreme measures to mislead and confuse the community in a quest to keep the scam alive.

A pyramid scheme:
A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered. It has been known to come under many guises. Some famous examples including the massive Albanian Pyramid Schemes of 1996[1] were technically not Pyramid schemes but Ponzi schemes.

Identifying features
The distinguishing feature of these schemes is the fact that the product being sold has little to no intrinsic value of its own or is sold at a price out of line with its fair market value. Examples include "products" such as brochures, cassette tapes or systems which merely explain to the purchaser how to enroll new members, or the purchasing of name and address lists of future prospects. The costs for these "products" can range up into the hundreds or thousands of dollars.

The result is that only a person enrolled in the scheme would buy it and the only way to make money is to recruit more and more people below that person also paying more than they should.
This extra amount paid for the product is then used to fund the pyramid scheme. In effect, the scheme ends up paying for new recruits through their overpriced purchases rather than an initial "signup" fee.

They create no wealth. All they do is move existing wealth.

The key identifiers of a pyramid scheme include the following:
・A highly excited sales pitch.
・A reassurance that it is not infact a pyramid scheme, possibly with a false account of what a pyramid scheme is.
・Little to no information offered about the company unless an investor purchases the products and becomes a participant.
・Vaguely phrased promises of limitless income potential.
・No product, or a product being sold at a price ridiculously in excess of its real market value. As with the company, the product is vaguely described.
・An income stream that chiefly depends on the commissions earned by enrolling new members or the purchase by members of products for their own use rather than sales to customers who are not participants in the scheme.
・A tendency for only the early investors/joiners to make any real income.
・Assurances that it is perfectly legal to participate.
The FTC also warns that the practice of getting commissions from recruiting new members is outlawed as "pyramiding."[9].

The Result of Pyramid Schemes The scale of harm is enormous, with millions of dollars stolen.

The weak and the vulnerable are set upon with trickery, loopholes in laws and psychological manipulation.

The disguises, rationalizations and defenses have a similar ring. Perpetrators claim they are uplifting people, setting them free, creating new opportunity, and teaching them a new and better way to live and prosper.

As in all such abuses of the past, huge amounts of money are spread to peddle influence, stave off regulation, and maintain the false portrayal of legitimacy. Critics are vilified and threatened with lawsuits as "anti-business" and "losers."

The element of the pyramid scheme that has the most in common with past abuses is its appeal to economic justification. Deceptive practices which take money from millions of unwitting people and enrich a small group of promoters and perpetrators are defended as "legitimate business," helping to build the economy, employ people, and provide economic opportunity.

Pyramid schemes ・exposure
As an increasing amount of people are scammed the company will come to the attention of the media and the authorities.

As with all scams eventually the pyramid will collapse. At some point the schemes get too big, the promoter cannot raise enough money from new investors to pay earlier investors, and many people lose their money.

Pyramid schemes are illegal in almost all countries including: the United States,[2] the United Kingdom, France, Canada, Malaysia, Norway, Australia [3], New Zealand, [4], Nepal[5], Singapore, Sri Lanka [6] and Iran[7].

If you are a victim of a global pyramid scheme contact your relevant authorities.

This posting has been created by XL Results Foundation to warn you of anonymous bogus emails and blogs (about XL) posing as consumer associations, press bureaus and/or as our own Life Members.

Since March 2004 XL members and our partners have been hounded by interconnected bogus emails and blogs, alleging wrongdoing of ever increasing proportion. While the allegations continually change, the pattern of engagement has remained the same.

What these emails and blogs look like

1. The emails are aimed to mislead and confuse. They are targeted at the email addresses of our Life Members and partners - often aimed at new targets who are not aware of the history of these emails. Recent emails have addresses such as “consumer.association@googlemail.com”, “scamalertconsumer@gmail.com”, “xlcomplaints@gmail.com” and have titles such as “Consumer Association - XL Results Foundation Scam” and “Scam Alert - XL Results Foundation Pte Ltd”. At last count, over thirty different bogus Google and yahoo email addresses have been set up to send thousands of such emails over the last 2½ years.

2. The blogs are posted on blog sites such as wordpage, blogger and more recently on a US site called /link removed/ These blogs have equally alarmist titles such as “Roger Hamilton And XL Results Foundation Pte Ltd, Singapore Community Petition, Scam, Duped, Pyramid Scheme, Charity Scam, Mass Refunds, Deception, Misrepresentation, Cheating Singapore Nationwide” and “Roger Hamilton + XL Results Foundation Ponzi Scheme, Fraudster, Scam, Duped, Conman, Global Fraud, Misrepresentation”. Like the emails, they have numerous links to the same articles, blogs, etc and they are all posted using fictitious names such as “Hilton”, “Logan” and “Singapore Community”.

The contents of these emails, blogs, and our response

1. The emails follow the same themes in the allegations they make. They range from criminal misconduct to fraud to mistreated customers to financial shenanigans. Many of these are similar to the claims made by an ex-employee who left XL employment in March 2002. Some of these claims are now the subject of a legal case that XL presently has with this individual (this is the second such case that XL has with this individual). The history of this case, the claims and our specific responses to each one can be found here: You can view this at www.xlresultsfoundation-legal-file.com

2. On certain occasions, these emails and blogs have been targeted at the press and have resulted in press articles, which in turn are then mass spammed and blogged anonymously, misrepresenting the stories with headlines and editing designed to spread further alarm and distress. You can find our advisory to the media in relation to this pattern of behaviour here: www.resultsfoundation.com/mediaadvisory1 Members of the press are themselves concerned that their articles are being misused and are also keen to know who is distributing these.

3. While the many general claims are addressed in the two links above, we would also like to address some of the more recent claims here. The first is language conjuring up the image of mass discontent, action by consumer associations, government departments, legal actions and the like. These are all entirely false. XL has never been approached by any consumer association and has not been involved in any investigations by any government department in any country. The only legal case we are involved in at present is the one mentioned above. Apart from the two legal cases (one that is currently ongoing) with this ex-employee, the only other legal case that has ever existed was one between XL’s Chairman, Roger Hamilton and the same ex-employee when in January 2007 she personally filed a magistrate’s complaint for criminal defamation against Mr Hamilton. Significantly, she subsequently withdrew that complaint in April 2007 (after she appointed a lawyer to represent her in these matters against the company and Mr Hamilton, and presumably after receiving legal advice that her claim of criminal defamation was clearly unsustainable).

4. The second recent claim – of XL being an illegal ‘pyramid sales’ company – first appeared as a defense by the defendant’s new lawyer in this case in March 2007 (The argument being that the breach of contract claim against the defendant could be defended if XL could be shown to be operating illegally). XL was issued with interrogatories from the defendant demanding detailed accounts on the basis that it was operating illegally. XL applied to the courts for the interrogatories be withdrawn and the Singapore Court ruled in XL’s favour, ordering the interrogatories to be withdrawn in August 2007. Even so, the emails and blogs continue with these same spurious claims that XL is a ‘pyramid sales’ company and also that we are “blocking legal attempts for full disclosure of the company accounts”. You can read our affidavit on the matter, detailing our responses on exactly why XL has no similarities to pyramid sales and the court’s ruling here at www.xlresultsfoundation-legal-file.com

5. The third recent claim – that there is some kind of ‘scam’ and thousands of customers ‘duped’ are all part of the language used to incite alarm. We operate with full disclosure, a satisfaction guarantee on all our major events and XL membership is transferable. XL Results Foundation operates in over 50 cities around the world with members meeting monthly. As with all large companies, we respond to customer requests on a daily basis. We have service centres in Singapore, London and Los Angeles and anyone with legitimate requests, complaints and suggestions have the ability to connect with us freely and easily.

6. The fourth recent claim – a repeat of earlier claims that XL either does not contribute to charities or is not honouring its commitments to charity are, again, entirely false and absurd. XL’s mission is World Wide Wealth, and the many charity activities within XL, by XL companies and XL Life Members, are documented every month in our various updates, on the website and in XL Magazine and XL Radio. The progress of our XL SEA Program – our accreditation program for Social Enterprises and a full history of charity activity by XL Companies can be found here: http://www.resultsfoundation.com/index.php?id=66

What you can do

The legal case is due for court hearing sometime in early 2008. In the meantime, we request that you take all these anonymous or bogus emails and blogs with a big pinch of salt. We have also found that a reply to sender requesting that your name be removed from the spam list usually results in one or more personal retorts followed by an end to the spam.

We will continue to be transparent in all aspects of our company, which is dedicated to growing the power of social entrepreneurs to create and contribute throughout the world. For verification or inquiries on all aspects of our global commercial and charitable activities, please contact XL at: legal@resultsfoundation.com

For the lighter side of XL, visit our website at www.resultsfoundation.com and we look forward to seeing you at any one of the events we will run in the coming year.

Posted by XL Group Management

Roger Hamilton, XL Results Foundation Scam

Competitive Edge pte ltd, the umbrella company of XL Results Foundation pte ltd (Registration No: 2001 07729C in Singapore) issued shares without a prospectus.

Source: Competitive Edge Life Membership Terms & Conditions
Life Members will receive the rights to 4,000 shares in Competitive Edge exercisable under the terms of the Option Agreement provided.

If you are a life member of Competitive Edge pte ltd or XL Results Foundation pte ltd you are advised to seek legal advice.

A Get Rich Quick Promoter, the subject of a nation wide consumer caution in the United Kingdom will be in Kuala Lumpur on the 24th January, 2008 peddling his wares. Mr Daniel Priestley is on a whistle stop tour of Asia promoting and selling life memberships into XL Results Foundation.

Daniel Priestley of Triumphant Events based in the United Kingdom will be speaking at a breakfast event in KL to promote the XL Results Foundation life membership. Mr Priestley and his business partner Mr Roger Hamilton of XL Results Foundation were the subject of a nation wide consumer caution in the United Kingdom this month after disgruntled members of the community claimed they were cheated, duped and money promised to charity by Mr Hamilton was pocketed.

11th January 2008

http://www.rip-off.co.uk

Rip-Off Wealth guru hits UK - Roger Hamilton and XL Results Foundation

Allegations of unfair conduct and misrepresentation from dozens of disgruntled clients on two continents will not stop a self-styled "wealth consultant" peddling his wares to hundreds of Brits across the country this weekend.

http://www.stuff.co.nz/4287069a6442.html
http://www.brisbanetimes.com.au/articles/2007/05/30/1180205312469.html
http://www.businessesfromhell.com/topic.asp?TOPIC_ID=401
Avoid this venue: http://www.triumphantevents.co.uk/

Mr Priestley is promoted by XL Results Foundation. For one day only!

Avoid this event:

Thursday, 24 Jan 2008
07:30 AM

KL Networking Breakfast with Daniel Priestley

Daniel Priestley will be sharing about XL Life Membership

Please RSVP to malaysia@resultsfoundation.com

Roger Hamilton, Chairman of XL Results Foundation formerly of Singapore now based in Bali (company registration no: 200107729C - registered in Singapore) found himself in hot soup at the beginning of this year when approximately 150 Singaporean member's demanded their money back claiming they were duped, cheated and money promised to charity by Mr Hamilton was pocketed.

XL Life Members believed they were buying into a global network and a foundation. The business connections never eventuated with members claiming they were actually sourced from the free online network linkedin. Mr Hamilton has claimed the XL network is 60,000 contacts however; he has not been able to substantiate this.

Disgruntled XL Life Members went to the media to expose the company when it wouldn’t return their money. XL Results Foundation has been featured in the Straits Times Newspaper Singapore, English and Chinese Radio Singapore, the Courier Mail and Brisbane Times Online Newspaper Australia and the Sunday Star Times in New Zealand.

Mr Hamilton is promoting himself as an entrepreneur contributing to world wide wealth with 10% of all XL revenue promised to charity. The XL accounts further discredit Mr. Hamilton's claims. Back ground checks on the company show it is not a foundation but a private limited company with its offshore bank accounts listed through a post office in the Seychelles.

XL Results Foundation is listed with the Bad Business Bureau in the US after complaints were lodged against the US arm of the company on the global consumer website /link removed/ and an urgent consumer warning was issued by UK Consumer Website www.rip-off.co.uk. Reports filed against XL alledge XL Results Foundation is an offshore scam operating a Pyramid Scheme/Ponzi scheme. Members claim the company's source of revenue is from the recruitment of newly duped members into the scheme.

Mr Hamilton is not disclosing to consumers that there has been an Asia Pacific community petition against the company, $1 million in refund demands and in public legal documents in a court of law in Singapore the company is alledged to be operating an illegal pyramid scheme.

Mr Hamilton is blocking legal requests for full disclosure of the XL accounts with members fees being used in legal costs to protect the scam. To deflect questions from the community Roger Hamilton of XL Results Foundation has established a media advisory unit operated by his brother in law Mr Ian Grundy to suggest the company is being slurred by a former employee and that journalists did not do due diligence. Any individual who has purchased an XL life membership from Roger Hamilton of XL Results Foundation or his international licensees are advised to take their documentation to a consumer association or seek legal advice.

The following information can be sourced on Roger Hamilton and XL Results Foundation:

http://www.stuff.co.nz/4287069a6442.html
/URL removed/
http://www.brisbanetimes.com.au/articles/2007/05/30/11802053...
http://rogerhamilton-consumerwatch.blogspot.com/
http://rogerhamilton-xl.blogspot.com/
http://www.mloh.biz/reports/XLRF_DEC06.pdf
http://rogerhamiltonexposed.wordpress.com