Wall Street Piracy and Pyramid Mania Merge
When pyramid schemes ignite on Main Streets anywhere in the world, the ensuing manias have been compared to a wildfire, a stampede, a mob-like madness. The rallying cries of “get in now, ground-floor opportunity, unlimited income!” are spread virus-like in... Who Loses If Herbalife Is Not Investigated or Prosecuted
After William Ackman of the hedge fund, Pershing Square Capital, made his now famous slide presentation in which he charged that Herbalife is an illegal pyramid scheme that should be prosecuted by the FTC and the SEC, the debate soon shifted away from Herbalife itself... The Cult of MLM
Don’t Even Say It! There are two taboo terms in the world of multi-level marketing (MLM). One is “pyramid scheme”. The other, which is even more vehemently denied, is “cult”. Many people understand cults to be dangerous restrictions on freedom and individuality. The... A Typical Phone Call from an Amway (or other MLM) Hopeful
MLM Hopeful: I just read your article, “The 10 Big Lies of Multi-Level Marketing.” I was wondering when you wrote it and if you still stand by it? FitzPatrick: Are you asking me about something in particular? MLM Hopeful: Well, I’ve heard that Amway is now a $10... Amway’s Deceptions
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...FREE REPORT
"What About This One?"
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