Jan 23, 2012 | Ethics, False Profits, Humor, Legalities and Laws
I have a fantastic opportunity for you. It’s like a job but a lot better. It’s an opportunity to make unlimited income. Pay only $399 for a starter kit, and then you can work as an independent salesperson for our company, selling the company’s great products on a...
Nov 21, 2010 | Economics / Financial, Ethics, False Profits, Individual / Social Impact, Legalities and Laws, Pyramid Scheme Politics
The settlement of the consumer class action suit in which, responding to criminal fraud charges, Amway has agreed to pay $150 million in restitution raises, again, the unavoidable questions: What, if anything, is true and legitimate about Amway? How deep is its...
Mar 4, 2010 | Economics / Financial, Ethics, False Profits
Consumers often ask: Even if multi-level marketing companies are pseudo-businesses, pyramid schemes and financial traps, couldn’t they run legally if they just disclosed how they are structured and operate, the actual financial loss rates, the quitting/turnover rates,...
Jul 25, 2008 | Ethics, False Profits
Even if you could not figure out whether an MLM is a fraud or a legitimate business, some typical behavior that the MLMs expect from you might tip you off that you have stepped into a scam, a place where ethics are “bypassed” on the way to the “dream.” 1. Asking...