WARNING : The 'Club Asteria' racket could be about to collapse
As we have previously stated on Corporate Frauds Watch, the bosses of the US-based criminogenic organization known as 'Club Asteria' have used the trusted name of the 'World Bank' to promote a self-perpetuating closed-market swindle dissimulated as an 'Income Opportunity.' Months ago I took the trouble to report this alarming situation to senior officials at the World Bank in Washington DC, to FBI agents and to various, interested third-parties whose legitimate businesses have also appeared on the illegitimate 'Club Asteria' Website.
In brief, the instigators of the 'Club Asteria' swindle (including Andrea Lucas, a former employee of the World Bank) have been cheating a growing number of ill-informed and vulnerable individuals (particularly, African and Asian immigrants to the USA and Europe) by persuading them that, simply by buying around $20 of products, and/or services, each month from 'Club Asteria,' and recruiting more and more persons to do the same, eventually all members can achieve 'financial freedom.' The bosses of 'Club Asteria' already claim to have 300 000 members, and their reality-inverting propaganda has been posted all over the Net. This has been aimed at convincing the world that 'Club Asteria' is a purely philanthropic organization run by financially competent and ethical persons who are associated with international companies and major financial institutions. Sadly, 'Club Asteria' (exactly like 'Amway' and its many copy-cats) is the unoriginal creation of an absurd gang of exceedingly greedy, but otherwise mediocre, little racketeers who most-probably suffer from severe and inflexible Narcissistic Personality Disorder.
It has recently been reported that PayPal (one of the trusted names that has featured prominently on the 'Club Asteria' Website) has frozen the funds of 'Club Asteria'. Although it has not been revealed how much cash this involves, tens of thousands of people are known to have been giving 'Club Asteria' around $20 per month via PayPal in exchange for wampum.
According to the company's terms and conditions, PayPal ( http://en.wikipedia.org/wiki/PayPal ) reserves the right to withhold its clients' funds, and to restrict access to accounts, for 180 days, if unusual or fraudulent activitiy is detected. Although the bosses of 'Club Asteria' have already broadcast propaganda which attempts to blame a few of the organization's members for using PayPal to commit fraud, this news confirms that the 'Club Asteria' racket is now under investigation in the USA and elsewhere.