Less than only one week after the US-SEC ( Security and Exchange Commission) had accused Wayde McKelvy of raising $30 million by a scheme through his company, Speed of Wealth, LLC, he already promoted according to a press release a new business opportunity by e-mail: "The Donald Trump Network“. The business model markets nutritional products on a network marketing plattform in which the distributors receive their share of the turnover made by salespeople they recruited in addition to the amount of money they earn selling Trump Network products. The Trump Network, however, yet did not answer the media article.

Speed of Wealth“ and its principals, Wayde and Donna McKelvy, are accused of having recruited more than 300 investors for a Pennsylvania based company called Mantria Corp. two executives of which, Tony Wragg and Amanda Knorr, are accused of paying off earlier investors with money from new investors. The SEC filed a complaint on Nov. 16 claiming that the McKelvys promoted „green“ investments, such as charcoal produced from organic waste, through Webinars and seminars.

in his e-mail promoting the Trump Network, McKelvy emphasized that he dosn’t want to „raise money or preach personal wealth“ but still advocates owning a business. „I am totally focused on one thing right now, which I believe will be very, very fun,“ and the opportunity of owning one’s own business with the help of the Trump Network could help making a lot of money, McKelvy said in his e-mail.

Jim Pasztor, an accociate professor at the College for Financial Planning in Greenwood Village, said it is not unusual for people in McKelvy’s situation to react with a bigger and better offer. „He is trying to get across that he is still on the side of the people he has been working for," Pasztor said. Investments that encourage to place heavy funds and promise quick returns are not all they promise to be, Pasztor warned. It‘s leading somebody to believe that it is easy – nothing’s easy,“ he said.

Meanwhile the SEC placed a temporary restraining order on McKelvy, forbidding him from offering or selling securities, said Laura Metcalf, SEC assistant regional director in Denver.