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Pyramid Scheme Alert (PSA) provides current and historical news items that are of interest to our members and visitors. None of the reports or commentaries is intended to imply that any of the referenced companies have been charged or convicted as illegal pyramid schemes.

Ponzis and Pyramids, the Audio Series

Chapter One: Dare Not Say Its Name

Chapter Two: Ponzis in Everyday Life
--Ponzi Captures the Heart of Women
--Ponzi's Pigeon

Chapter Three: Main Street Blues and the Selling of Hope

Chapter Four: The Death of the Salesman and the Rise of Ponzi

Ponzis and Pyramids, the Audio Series

Ponzis and Pyramids is a consumer education audio series examining multi-level marketing and revealing the similarities between Wall Street Ponzis and Main Street Pyramids.

Ponzis and Pyramids is sponsored by Pyramid Scheme Alert and supported by donations from dedicated consumer activists, attorneys, and authors.

Chapter One: Dare Not Say Its Name (mp3, 60 minutes)

From the first encounter when a trusted friend invites you to an "opportunity meeting", to buying overpriced products every month, to recruiting friends and then to purchasing worthless "motivation tools", multi-level marketing (MLM) is permeated with deception and financial entrapment.
Chapter One, "Dare Not Say Its Name" confronts the harsh reality of MLM fraud, spread one to one by unwitting friends and family, and features an enlightening interview with the world's most famous Amway whistle-blower, Eric Scheibeler, who provides the shocking details of the scam.

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Now Available,
Updated, Revised and Expanded

  • The most comprehensive and easily understood analysis of Multi-level Marketing
  • The true facts about MLM income promises and claims.
  • Eleven (11) MLMs Analyzed with Income Data
  • Charts on each MLM with Summaries and Explanation

Read before you invest… Read if your friends or family want you to join an MLM… Read to understand why and how money is made and lost in MLM.

This page last updated on 2/17/10