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Herbalife Distributors in California!

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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.

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
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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

According to the MLM company, YTB (Your Travel Business), anyone can become a real travel agent just by paying the company about $500 up front and then $50 a month. You don't need training and you don't even need customers. At YTB, you can make "unlimited" income by just recruiting other "travel agents."
However, 2,300 actual travel agents – the ones that are trained and have real customers – are petitioning travel vendors to stop honoring the YTB "card." The American Society of Travel Agents (ASTA), the main Trade association of real travel agents, has published a consumer warning about YTB and other similar schemes. An analysis of YTB reveals that it gets nearly all its money from fees paid by the reps, not from selling travel. Additionally, almost no YTB reps ever earn a profit. More…

UPDATE ON CANADIA PIGEON SCHEME: CANADIAN REGULATORS FAIL TO INVESTIGATE; TWO US ATTORNEYS GENERAL TAKE ACTION
March, 2008

Consumer demands for an investigation of an apparent ponzi scheme aimed at family farms are growing in urgency. Family farm magazines have researched the scheme, called Pigeon King International (PKI), and have sounded the fraud alarm. An inside whistle blower has provided damning evidence that PKI is perpetrating an investment scam – paying earlier breeder/investors with funds gained from later ones. Now , two state Attorneys General the USA – Iowa and Washington – have warned consumers of the Ponzi and have prevented the scheme from operating in those states. More…