Earlier in the present day a BehindMLM reader wrote in claiming Jeff Dyck was operating Treasure Island as Jeff Jeffries.
Treasure Island is an MLM firm committing securities fraud by means of a actuality present ruse.
Treasure Island’s unregistered funding scheme is easy; make investments increments of $100 and Treasure Island can pay you again 150% inside 12 months.
At time of publication the one title publicly hooked up to Treasure Island is Brett Nicholson.
The reader who wrote in appeared well-researched, so I took it upon myself to verify. Right here’s what I discovered.
Jeff Dyck pled responsible to fraud and tax evasion fees in 2016. The case was introduced in Winnipeg, Manitoba in Canada and pertained to World United.
Dyck was sentenced to 3 years in jail in 2017, as reported by CBC Information.
Dyck had served because the president and sole shareholder of the corporate, which had contributors contribute an quantity in money and, in return, offered false invoices for enterprise losses in quantities larger than the money contribution.
In 2018 Dyck’s positive of $1 million CAD “greater than doubled” on attraction.
The one picture tying Dyck to World United is that this grainy advertising slide from CBC Information;
After his launch from jail circa 2020, Dyck seems to have relocated to the US.
On June fifteenth, 2021, Dyck filed an utility looking for to trademark “Treasure Island” for “tv present manufacturing”.
Dyck is the only real correspondent listed within the utility. Two Join Social electronic mail addresses are offered as contact factors – one among which seems to belong to Brett Nicholson.
Of be aware is Nicholson additionally being a Manitoba resident. Whether or not he was in any means concerned in World United is unclear.
Dyck’s trademark utility was “refused, dismissed or invalidated” and, following inaction by Dyck, deemed deserted in October 2022.
Past that there’s nothing publicly tying Jeff Dyck to Treasure Island.
Our reader claimed Dyck was utilizing the aliases “Jeff Jeffries” and “Jeff Cain”. Nothing comes up for Jeff Cain nevertheless it appears Dyck, as Jeff Jeffries, did seem on a Mastery of Connections podcast in or round Might 2024.
The podcast was hosted by Treasure Island promoter Alan Holmes and options Kury Roskopf, one other promoter. Holmes cites Jeff Jeffries because the “brainchild behind” Treasure Island.
Jeff Jeffries has his personal LinkedIn profile, on which he confirms he’s a Nevada resident and Treasure Island’s founder and CEO.
I don’t have a replica of the podcast, simply the above cited LinkedIn submit. Jeff Jeffries appears much like World United’s Jeff Dyck however I wanted to be 100% certain.
Fortunately upon being launched from jail, one of many first issues Jeff Dyck did was a “cover my fraud” PR marketing campaign:
Yeah, that’s our man.
Maybe not surprisingly, Dyck got here out of jail a crypto bro.
What’s one development that excites you?
Undoubtedly cryptocurrency and different different types of cost.
I wish to create a forex the place it’s not decentralized nevertheless it’s not managed by governments, both … I consider we’re growing simply such an answer.
So far as I do know that didn’t occur – though there’s a “treasure island coin” part to Treasure Island.
One thing else value noting inside the context of Treasure Island is ChildRun. For extra on ChildRun we flip to a 2014 advertising pitch on a self-promotion weblog, apparently arrange by Dyck himself;
Jeff Dyck is presently engaged on a challenge known as ChildRun- a marathon that will probably be filmed for actuality TV that focuses on 5 completely different runners operating marathons in several international locations.
The primary objective behind this challenge is to boost consciousness and cash for youngsters’s charities world wide.
Though the premise is completely different, it seems Dyck isn’t any stranger to actuality present grifts. To one of the best of my data Dyck’s ChildRun present by no means eventuated. Type of like Treasure Island hasn’t.
Anyway there you might have it; Treasure Island, an MLM firm committing securities fraud within the US, was based and is being run by a tax fraudster who’s served time.
I’ll go away it as much as you as to why Jeff Dyck isn’t utilizing his precise title in connection to Treasure Island.