DEFENCEX BOSS PUNTS NEW SCHEME
Members invited to ‘reach their dreams’ with Kipi
NET Income Solutions boss Chris Walker is referring members to a new money-making scheme.
Net Income Solutions, more commonly known as Defencex, is a scheme that exploded to 200 000 members in 12 months with its promised returns of 2% a day.
The Defencex bank account was frozen by the Western Cape High Court on February 28. At the time it was frozen, the account held approximately R320m.
As the Defencex court case drags on, Walker is promoting a new scheme, called Kipi. Walker is advertising Kipi seminars across the country; the latest is to be held on May 14 at Maponya Mall in Soweto.
On his Facebook page, Walker writes: “Our (court) case could drag
on for a while, so for those of you who need to earn an income during this time you can join our financial social platform which assists its members to achieve their dreams and goals. Go to www.team
kipi.com.”
Kipi is a scheme that invites members to register a “dream” on its website. It creates the impression that members will receive cash to fund this dream.
It asks members to describe their dream and to add how much money they have to fulfil this dream. However, once registered you need to pay another member.
The website suggests that you are making a “contribution” to another person’s dream, but it does not state so implicitly.
“When you log in you will see your dream and the details of the person you must pay. You must pay them within three days,” Walker’s Kipi explanatory website states.
“You will start to earn after the person confirms that you have paid them,” it adds.
Writes Walker: “For those of you that have created your dream and created an account at www.team
kipi.com please make sure that you log in and pay your contribution towards your dream.”
Kipi has a commission structure that rewards members for introducing others to the scheme.
Walker says: “My mission is to find three streams of income that people can rely on.” He adds: “There is plenty of money in the world to go around and no one should be poor. Poverty is evil!!!!!!!!! (sic)”
Meanwhile, neither Walker nor Defencex have provided members with details of the ongoing court case. On May 7 Walker wrote: “Nothing much to report about our case. On June 5 we will give you an update on proceedings.”
The Defencex website informs members that there are a number of people “impersonating Chris on the Internet”. The website advises members to ignore Facebook and Twitter pages with the names Chris Walker, EftForMe, DefenceX and Net Income Solutions. It says these are all imposters.
Defencex says Walker has just created his genuine Facebook page and lists the internet address. The Facebook profile had 1 120 followers by yesterday afternoon.