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MLM and Crypto, Unsurprisingly Similar

Sep 27, 2022 | Economics / Financial, Investment, News

I call to your attention a very informative podcast, not about MLM directly, but one that goes to the heart of all “anti-MLM” discussions: What Is MLM? The featured podcast is the Intercept, hosted by Ryan Grim, interviewing actor and activist, Ben McKenzie. The...
Multi-Level Marketing: Incubator and Precursor of Crypto and NFTs

Multi-Level Marketing: Incubator and Precursor of Crypto and NFTs

Feb 14, 2022 | Economics / Financial, Investment, MLM

A New York Times article this week reported that the most significant, and likely the most persuasive, advertisements on the most famous advertising platform of the year – the American Super Bowl – will be for Crypto currencies and NFTs. There will, of course, be...

MLM Is Not, and Never Was, “Direct Selling”

Aug 16, 2021 | Economics / Financial, News

by Robert L. FitzPatrick, author of PONZINOMICS The most common belief about  “multi-level marketing” – spread by MLM promoters – is that “MLM” is just a modern adaptation of “direct selling,” a centuries-old  business model. The identity as the...

Leading MLM Spokesman Blasts MLM Consumer Protection Conference as “Anti-Business and Un-American”

Jun 28, 2021 | Economics / Financial, False Profits, Humor

A prominent advocate of multi-level marketing and the Direct Selling Association, Dr. Lasdwun N. Luzes, has spoken out against a recent consumer conference that critically examined multi-level marketing. Dr. Luzes called the conference “outdated,...
Déjà vu: WA State Regulators Let LuLaRoe Off; Ignore Elephant in the Room

Déjà vu: WA State Regulators Let LuLaRoe Off; Ignore Elephant in the Room

Feb 5, 2021 | Economics / Financial, False Profits, Legalities and Laws, News, Pyramid Scheme Politics

For all the news coverage, including a hilarious Samantha Bee commentary, interviews of tearful and angry victims, torrents of social media debate, and an upcoming film documentary, the state prosecution of the MLM, LuLaRoe, ended not with a bang for justice but...
Multi-Level Marketing: Incubator and Precursor of Crypto and NFTs

Yahoo Finance Podcast on MLM Is a Milestone in Business Media Coverage

Mar 4, 2020 | Economics / Financial, Individual / Social Impact, MLM, News, PSA in the Media

Yahoo Finance’s remarkable 3-episode podcast on multi-level marketing, Illegal Tender, Season 4, should be recognized as a milestone in business media coverage of MLM. For the first time – without equivocation and without entertaining even a hint of...
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Ponzis and Pyramids is a consumer education audio series that examines multi-level marketing and revealing the similarities between Wall Street Ponzis and Main Street Pyramids.

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Read more up-to-date news and information about multi-level marketing schemes. Robert L. FitzPatrick, the publisher, is the co-author of the book, False Profits, the first book-length analysis of pyramid schemes and multi-level marketing ever published. He is also founder and president of Pyramid Scheme Alert.
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