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...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...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 Luzes called the conference “outdated,...
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...
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...
Dec 6, 2019 | Economics / Financial, False Profits, Pyramid Scheme Politics
(December, 2019) The fortunes of investors in the $20 Billion “multi-level marketing” sector of Wall Street hang, by an almost invisible thread, on law enforcement policy of the FTC. Following the Herbalife (HLF) prosecution in mid-2016, two more MLMs,...