What Is 5Linx.Com About?

Let’s personally say I’m not against MLM programs but with so many of them being dodgy its just hard to know who is legit and who is not. 5Linx seem to have a huge array of products on offer.

Have many products to offer potential customers is a good start. So with any MLM product you need to get new customers all the time and you may feel the pressure in doing so.

5linx.com facts

  • Industry Multi Level Marketing
  • Founded 2001
  • Headquarters New York, United States
  • Area served International
  • Key people Nelson Gerard (Chairman) and majority owner (5L Holdings, L.L.C.)
  • Products Home and business services, nutritional supplements
  • Services home security (through Protect America), identity theft protection, electric power, data storage, supplemental healthcare (not insurance)
  • Website 5linx.com

5linx products

Live a better life

From health-enhancing products to everyday services like energy and television, plus financial services like personal credit repair, 5LINX products and services are designed to provide value in your daily life.

5LINX is the one-stop shop for your home, wellness, and more. To learn more about each of the outstanding products and services in the 5LINX portfolio, simply click on the corresponding links below.

From health-enhancing products to everyday services like energy and television, plus financial services like personal credit repair, 5LINX products and services are designed to provide value in your daily life.

5LINX is the one-stop shop for your home, wellness, and more. To learn more about each of the outstanding products and services in the 5LINX portfolio, simply click on the corresponding links below.

Who are they?

People in an office

5Linx is an American multi-level marketing company headquartered in Rochester, New York, which offers utility and telecommunication services, health insurance, nutritional supplements, and business services. It was founded in 2001. In 2017, the co-founders of 5LINX, Craig Jerabeck, Jeb Tyler, and Jason Guck, were indicted on multiple federal fraud charges, including wire fraud and money laundering.

5Linx uses a structure similar to Mary Kay Cosmetics and other multi-level marketing firms. The company uses “independent contractors” to sell its products. Through a pyramid-like structure, those contractors recruit others to sell products, and can climb higher in the ranks and make more money.

5LINX Enterprises, Inc. was founded by Craig Jerabek, Jeb Tyler, and Jason Guck. 5Linx was incorporated in Rochester, New York, in 2001. In 2016, 5L Holdings, LLC was formed to acquire the assets of 5 Linx Enterprises (dissolved). In September of the same year, business entrepreneur Nelson Gerard bought the majority stock of 5L Holdings, LLC and became its Chairman. 5Linx is a multi-level marketing company.

Representatives are rewarded for recruiting additional representatives in addition to products and services sold. Sales representatives are independent contractors, and the company does not make any claims about potential income.

As of 2015, Cook County Circuit Court Clerk Dorothy A. Brown was a senior vice president and spokesperson for 5LINX. Illinois State Senator Patricia Van Pelt Watkins was also a high-ranking representative until she left the company for a different multi-level marketing firm.

5Linx was on the Inc. 500 list of the fastest growing companies from 2006 until 2009. The company remained on the Inc. 5000 list as of 2014. In 2009 5Linx was ranked on the Rochester Top 100 list as the 2nd fastest growing company in the region. The company also made the list the following three years.

5linx lawsuit

In September 2015, the new management of the 5LINX sued Craig Jerabeck, 5LINX Enterprises’ former CEO, alleging that he breached his contract with the company by poaching 5LINX representatives for other network marketing companies.

The three also filed fraudulent tax returns. Guck must pay the government almost $780,000 because of the tax loss due to his fraudulent filings.

In September 2017, the three co-founders of 5LINX – Jerabeck, Tyler, and Guck – were indicted on multiple federal fraud charges, including wire fraud and money laundering. The trio admitted to defrauding $2.3 million from investors, illegally depositing company revenues into personal accounts, and failing to pay hundreds of thousands of dollars in taxes.

In December 2018, Tyler and Jerabeck were sentenced to a 14-month prison term for fraud and filing false tax returns and were ordered to pay back $2.3 million in restitution to investors, as well as $118,628 in unpaid taxes to the IRS. In May 2019, Jason Guck was sentenced to a 7-month prison term.

Is 5linx still in business

Good news is they are still in business. In May 2015, the company sold its telecommunications branch to Birch Communications, which reduced the company’s revenue by about 30%. Farshad Tafazzoli was named President in 2016.

Gordon Gecko though a fictional character quoted greed is good. Not so much If you get yourself in a pickle like the guys from 5Linx. You may now be a little gun shy of starting a MLM business.

If this case have you ever considered starting a real business you can control yourself. It does not matter whether you are experienced in the creation of building a business from the ground up.

Free training

The training is provided to get you started all the low price of nothing. That’s right not a single dollar is required to get you started on your way to a new career as your own boss. I will be completely up front as this will take some time to get started so don’t leave your 9 to 5 jobs just quite yet.

It will depend on how much effort you can actually give to your business will determine how quickly you begin to get results. Success of your new business will vary significantly from one person to another.

Conclusion

So if your sick of being promised overnight successes which are scams please give my wealthy affiliate training a try all for nothing. Credit cards are not required and you will never have to lay out any money to begin your journey.

I Would love to hear your thoughts about this post or this site in general. I will answer all the comments on my website personally so drop me a line below if you have any affiliate marketing questions or comments.

I’m happy to help any way that I can.copywright

Kind Regards Shane.

2 thoughts on “What Is 5Linx.Com About?”

  1. This is a very interesting post and quite different bro the usual reviews you find online.

    This certainly is a huge company and therefore probably worth considering.

    It certainly has had corruption problems, however they still survive.  So that would indicate that the core of the business is sound and hopefully they have learned from their mistakes, which would now make them more trustworthy than companies managing to fly under the radar.

    As training is free I see no reason why anyone interested in MLM should not give it a go 

    Reply
    • Hello Geoff, 

      Thank you for taking the time to give a fresh perspective on this business. 

      Like most things buyer beware of the pitfalls of any venture. 

      Regards Shane.

      Reply

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