Multi-level marketing ventures, described by some as “legal pyramid schemes,” have poured roughly $2.5 million into politics ...
Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...
A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...
One of the credibility-building factors that modern multi-level marketing (MLM) companies rely on is the assertion that they're legal. Often, it's said that if a company wasn't following the laws, ...
The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...
“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...
BKC Director Rebecca Tushnet comments on accountability for software companies servicing multi-level marketing companies accused of being pyramid schemes. “Regulators take the position that basically, ...
A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid scheme ...
Relevant documents: Chapter 7: MLM's ABYSMAL NUMBERS Chapter summary Legal disclaimer FTC Sends Warning Letters to Multi-Level Marketers Regarding Health and Earnings Claims They or Their Participants ...