Mar 25, 2014 | Ethics, False Profits, Legalities and Laws, Pyramid Scheme Politics
According to the MLM companies, Herbalife, Nu Skin and Amway, and others, the great majority of people who sign sales contracts, join as “salespeople” and buy sales kits have absolutely no interest in being salespeople or in making any money at all in those...
Dec 26, 2012 | Economics / Financial, False Profits, Legalities and Laws
The Search for Amway Customers In a recent video interview with Amway executives, Doug DeVos and Steve Van Andel, a Wall Street Journal reporter asked them a probing and revealing question. The question was, what percentage of the products that Amway sells to the...
Oct 18, 2012 | False Profits, Legalities and Laws
This Blog references an excellent article on the legality of multi-level marketing by MLM legal expert, Bruce Craig, former Asst. Attorney General of the state of Wisconsin. http://seekingalpha.com/article/918831-an-investor-s-guide-to-identifying-pyramid-schemes...
Aug 26, 2012 | Ethics, False Profits, Legalities and Laws, Pyramid Scheme Politics
With Batman-like zeal, the SEC swooped in and closed down the multi-level marketing company, Zeek Rewards. Should we all feel safer now? Or should we be wondering why the SEC singled out this one MLM but left all the hundreds of others to run rampant? Zeek offered MLM...
Mar 12, 2012 | Economics / Financial, False Profits, Legalities and Laws
The Search for Amway Customers In a recent video interview with Amway executives, Doug DeVos and Steve Van Andel, a Wall Street Journal reporter asked them a probing and revealing question. The question was, what percentage of the products that Amway sells to the...
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...