New Consumer Protection Law Could Regulate MLMs

Following the greatest financial meltdown and epidemic of financial fraud in America’s history, the United States Congress enacted a sweeping new financial reform law, the Wall Street Reform and Consumer Protection Act of 2010. The new law creates the new Consumer...

MLM Scheme, ACN, Charged with Operating Pyramid Scheme

The MLM scheme, ACN has been charged with operating as an illegal pyramid scheme by regulators in Montana. The charges brought by the state securities commissioner are depressingly familiar. They describe a predatory  recruitment program based on outrageously false...