BioPerformance News |
BioPerformance Pays Fine Returns as BPI Worldwide Shortcuts to Gas Savings Typically Dead Ends State Wins BioPerformance Injunction Judge to Decide BioPerformance Fate BioPerformance Reports Compliance with Court Ruling For more information on BioPerformance including the company's current rank in our home business index, please click here. |
BioPerformance Pays Fine Returns as BPI Worldwide |
Npros.com | 4/25/2008 A rep recently notified us that BioPerformance is back in business as BPI Worldwide. In 2007 BioPerformance and its ownders, Lowell Mims and Gustavo Romero, had assets frozen and were ordered to pay $7 million dollars in compensation to consumers and representatives. According to the press release from the Texas Attorney General, Mims and Romero may continue to operate any legitimate enterprise, but may not deceptively market BioPerformance pills or similar fuel additive products.BPI Worldwide, now located in Salt Lake City, Utah, markets a Bio Petro Improver that is offered in a Pill or Powder form. The executive team and bios for the owners and executives is consistent with the information from the BioPerformance team and bios. Texas Atorney General Press Rlease: AUSTIN - Texas Attorney General Greg Abbott today stopped a Dallas-based pyramid scheme from illegally marketing the so-called "top secret gas pill" that it falsely claimed would increase fuel efficiency in automobiles. The Attorney General's settlement with BioPerformance and its owners, Lowell Mims and Gustavo Romero, prevents the defendants from continuing to deceptively market their products and ends the State's eight-month legal action against the company. A combination of the defendants' frozen assets and the dissolution of two trusts created by Mims and Romero will provide more than $7 million in compensation to deceived consumers. Mims and Romero may continue to operate any legitimate enterprise, but may not deceptively market BioPerformance pills or similar fuel additive products. |
Shortcuts to Gas Savings Typically Dead Ends |
MY San Antonio | 6/19/2006 The company opened for business only six months ago. But with gas prices at near-record levels, its product — pills and powders that promised big savings when dropped into a car's gas tank — caught on in no time.Tens of thousands of people lined up to sell the potions, and BioPerformance Inc. took in more than $25 million. The company's founders paid off mortgages, started trust funds for their families and bought luxury cars, boats and Rolexes. As all of that money changed hands and the good word of mouth spread, Texas Attorney General Greg Abbott says he believes a crucial detail was overlooked: The products didn't work. He shut down Irving-based BioPerformance this month, saying the company built a pyramid scheme around a worthless product made from the same stuff as mothballs. |
Fighting Fuel Scams |
East Texas Review | 6/8/2006 Fighting fuel scams: “Gas-Saving” productsHigh gasoline prices have led many Texas consumers to consider the use of “gas-saving” products. Consumers should be cautious about automotive devices or gas additives that claim to save money or improve fuel efficiency. The Environmental Protection Agency (EPA) has tested many of these products and devices to determine whether their use will result in any significant improvement to fuel economy and found the savings to be small, if any. (Follow the link to read the rest of this informative article) |
State Wins BioPerformance Injunction |
KWTX News | 6/5/2006 State Wins Injunction Against “Gas Pill” Maker(June 2, 2006)—Texas won a temporary injunction Thursday against BioPerformance, which orders the company to stop marketing its so-called “gas pill” as a product that improves gas mileage. The court also barred the defendants from access to millions of dollars that Attorney General Greg Abbott says were “wrongly diverted for personal uses from this illegal online pyramid.” “Today marks a victory on behalf of thousands of consumers around the country who were defrauded by BioPerformance and its owners,” Abbott said. “This company and its owners spent a lot of time boosting the confidence of their clients' buying power and did nothing to boost gas mileage or performance of vehicles, as they falsely claimed these gas pills would do,” he said. Abbott filed suit last month against Texas-based Bioperformance, Inc. to stop sales of the green ball marketed as a “gas pill” that supposedly increases mileage when dropped into a vehicle’s fuel tank. Abbot says the pill is worthless and part of what he says is an illegal pyramid scheme. |
Judge to Decide BioPerformance Fate |
CBS 11 | 6/1/2006 The fate of BioPerformance is soon to be decided by a courtroom in San Antonio, according to a news report by Brooke Richie of CBS 11 Dallas-Fort Worth.According to her report of the courtroom proceedings, reported and uncontested is that the company netted more than $25 million dollars in just five months. The big question seems to be what happened to that money. According to the article, BioPerformance President Lowell Mims netted between $9 and $10 million dollars, and so did vice president Gustavo Romero. Mims and Romero claim the proceeds are dividends and as the sole shareholders, legitimate compensation. The Texas Attorney General maintains that the company sold a fake product through illegal means. |
BioPerformance Reports Compliance with Court Ruling |
BioPerformance Daily Bulletin | 5/31/2006 From the BioPerformance website:BioPerormance Daily Bulletin - May 26, 2006 Keeping You Informed About BioPerformance As reported in the last issue of our Daily Bulletin, BioPerformance, Inc., is complying with the court ruling, and we are eagerly waiting for our day in court. We realize the inconvenience and hardship you all are facing due to our accounts not being available to pay commissions last Friday and our not shipping product until the TRO has been resolved. However, I am confident of the outcome, and I am committed to seeing your steadfastness rewarded not only by our vindication, but by the enormous amount of business we will be doing once the results of our current testing is announced.
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Florida AG Files Civil Case against BioPerformance |
Florida Office of the Attorney General | 5/25/2006 An investigation has been opened by the Florida Attorney General into the business practices of BioPerformance and Lowell Mims:The case file cited below relates to a civil -- not a criminal -- investigation. The existence of an investigation does not constitute proof of any violation of law. Case Number: L06-3-1083 Subject of investigation: Bio Performance, Inc. and Lowell Mims, Director Subject's address: 1300 W. Walnut Hill Ln, Irving, TX 75038 Subject's business: Multilevel marketing Allegation or issue being investigated: Unfair/deceptive business practices in the sale of product that purports to make gasoline burn with greater efficiency without independent scientific testing to substantiate claim. Further, product is sold/distrbuted by means of multi-level marketing whereby the compensation is not based primarily on volume of bona fide sales. Possible violations of Florida Unfair or Deceptive Trade Practices Act, F.S. 501.201, et. seq., production and/or dissemination of misleading advertisements (F.S. 817.40 & 817.41), and operating, participating in, or soliciting on behalf of a chain letter or pyramid club (F.S. 849.091). |
BioPerformance Shut Down by Texas AG |
Texas Attorney General | 5/17/2006 Abbott Shuts Down Dallas-based Bioperformance For Peddling Fake Fuel Pills In Pyramid Scheme Claims of increased gas mileage to save consumers money called bogusAUSTIN - Texas Attorney General Greg Abbott today filed a lawsuit and obtained a temporary restraining order and asset freeze against Texas-based BioPerformance Inc. The company, organized as an illegal pyramid scheme, markets a fuel pill it falsely claims will boost gas mileage and save consumers money. BioPerformance Inc., president and owner Lowell Mims and co-owner Gustavo Romero of Irving advertise nationally via the Internet and through seminars around Texas and other states, exploiting the climate of today’s high fuel prices. The company’s ads claim the gasoline pills and powders they offer have a non-toxic “top secret gas pill” that can increase fuel efficiency by 30 percent or more and cut harmful emissions by up to 50 percent. In fact, the additive is basically the chemical equivalent of mothballs, which are toxic. |
BioPerformance Pill Discredited by News Team |
WESH News 2 | 5/16/2006 Pain At The Pump: The Little Green PillORLANDO, Fla. -- With the price of gas going sky high, a new product has hit the market. It's called BioPerformance Fuel, but most people just called it "the little green pill." It claims to save you big bucks on gas. The gas pill almost seems to have a cult following, WESH 2 News reported. "Is this too good to be true? Are you running interference?" WESH 2 I-Team reporter Michelle Meredith asked the company's president, as he brushed by her. The pill inspires hundreds of wannabe millionaires to sing. "And I'm proud to be an American," the group sang out. According to BioPerformance, the company that sells the little green pill, drivers can just throw a couple in their gas tank and they'll see up to a 25 percent increase in their gas mileage. Click to read the source story from WESH: |
BioPerformance in the Los Angeles Times |
Npros.com | 5/15/2006 The Los Angeles Times ran a new article on May 15th about mileage boosting products and emission claims:As Pump Prices Rise, So Do Iffy Ways to Boost Mileage Drop a pill in your gas tank for better fuel efficiency? Yeah, right, auto experts say. By Michelle Keller, Times Staff Writer May 15, 2006 In a stuffy Marina del Rey hotel meeting room Thursday night, Taylor Rivera spoke excitedly about a gas-saving additive he'd discovered a few months before. "I normally get 255 miles to the tank," said Rivera, who drives a Porsche SUV. After popping the gas additive BioPerformance Fuel into his tank several times, he said, "my mileage jumped up to 305. I didn't research it, but it worked for me, so I shared it with my friends." Using colorful anecdotes, Rivera and three of his friends who also were there to tout the product told the small audience how they increased their mileage 10% to 30% using BioPerformance. But neither Rivera nor his friends could explain how BioPerformance Fuel lowered emissions or increased gas mileage, citing only anecdotal evidence and referring questions to the company's website. They could not provide the corporate office's phone number — which was also not available on the website — explaining that the company does all of its business online. |
BioPerformance on WATE 6 News |
WATE 6 | 4/7/2006 Fuel additive claims to help save a bundle at the pump April 7, 2006By JEFF LENNOX 6 News Reporter KNOXVILLE (WATE) -- With gas prices creeping closer to post-Katrina levels, some people are looking for creative ways to save at the pump. One fuel additive on the market claims it can save more than 25 percent on your next gas purchase. BioPerformance comes in powder and pill form. The company claims putting its product in a gas tank will reduce contamination and drastically improve gas mileage. To get the most from the additive, the makers recommend putting it in your tank on empty, right before you fill up. |