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The Amway/Quixtar Scheme is seeking to suppress the research and testimony of PSA Director, Eric Scheibeler. Please help with a contribution to the Legal Defense Fund. Eric Scheibeler was instrumental in exposing the secret Amway "tools" scheme on NBC Dateline and he published the book Merchants of Deception, about his years in the Amway inner circle.
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Enough is Enough! It's Time for Action!
No more denial, shame or embarrassment. No more confusion. No more blaming the victim. No more resignation. And absolutely no more fear.
Pyramid Scheme Alert is the first consumer organization to confront the abuses and trickery of pyramid scheme perpetrators.
Pyramid Scheme Alert is a non-profit, privately supported (by memberships and donations), all-volunteer, and totally independent consumer campaign. Pyramid Scheme Alert is about ACTION -- coordinated, informed, professional, and effective citizen/consumer action.
Millions of people have been harmed. Enough!
Families and friends have been divided, communities disrupted. Enough!
Billions of dollars in savings have been lost. Enough!
Misleading product claims, deceptive income promises, lawsuits, protest website -- we have seen enough, learned enough, and tried enough on our own. It is time for people to come together to expose and prevent one of the most pervasive frauds and ethical abuses of our times.
We invite you to peruse this website, study the articles, laugh at the illustrations, examine the analyses and reports, read the news -- and then take the next step. Support PSA.
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PLEASE NOTE:
Pyramid Scheme Alert offers information about the deception and harm of multi-level marketing (MLM) pyramid schemes. We enable consumers to identify, avoid or escape pyramid scams. Hundreds of MLM scams operate openly. 99% of all consumers who join the schemes never earn a profit. Many suffer devastating financial losses. Only the top perpetrators make money -- off the losses of all the others.
State and federal Govt officials receive millions in campaign contributions from product based pyramid scheme companies and lobby groups. PSA has been formed to counter this imbalance at the national and state level, and to educate consumers directly of the fraud and abuse of MLM. If you want to do something to help others from falling into the trap of MLM, educate yourself with our resources and consider supporting PSA.
You can email us at info@pyramidschemealert.org
or Write us at:
Pyramid Scheme Alert
1800 Camden Rd.
Ste. 107 #101
Charlotte, NC 28203
USA
IMPORTANT NEWS AND DEVELOPMENTS
(See Further News under the "News" Tab)
HERBALIFE CHARGED WTIH FRAUDULENT MARKETINGS, HYPED STOCK, PHONY LEAD SCHEME, HEALTH RISKS (UPDATE: HERBALIFE PRESIDENT RESIGNS OVER DECEPTION)
April, 2008
Herbalife, one of the largest America-based multi-level marketing schemes is, once again, charged with fraud and deception. As evidence of deception became publicized, the president of Herbalife resigned when it was revealed he had falsified his own resumé.
The current charges target the scheme's business model, its recruitment practices, its legality and potential health risks of its products. Herbalife promotes weight loss herbs and markets its products by selling "distributorships" in a multi-level marketing model. More
MLM SCHEME, PRE-PAID LEGAL, CHARGED WITH OPERATING A PYRAMID SCHEME AND SELLING A WORTHLESS "INSURANCE."
April, 2008
The MLM scheme, Pre-Paid Legal, is the targe of a new investigative report that reveals the scheme's pyramid recruitment is declining as the scheme moves toward an eventual collapse. Additionally the Pre-Paid Legal product a form of insurance is being labelled worthless and misleadingly represented to consumers. More
UPDATE: PYRAMID SCHEME CLASS ACTION LAWSUIT AGAINST AMWAY/QUIXTAR TO GO FORWARD
April, 2008
Amway has lost its legal effort to stop the largest and potentially most damaging class action lawsuit ever brought against the multi-level marketing scheme from going forward. A federal judge has ruled that Amway's rules for settling disputes are "unconscionable" and unenforceable. He denied Amway's defense. The case will now proceed. More
TRAVEL AGENTS SAY MLM TRAVEL SCHEME YTB AND OTHERS LIKE IT, ARE CORRUPTING THEIR PROFESSION, CHEATING VENDORS AND TRICKING CONSUMERS.
May, 2008
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