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The Importance and Futility of Class Action Lawsuits against MLMs

The Importance and Futility of Class Action Lawsuits against MLMs

May 1, 2019 | Ethics, False Profits, Legal, Legalities and Laws

Recently, yet another class action lawsuit has been filed against a “multi-level marketing” company, in this instance, “Young Living Essential Oils”. This Utah-based MLM company (are they all in Utah?) is a digital reproduction of so many other...

“Newspeak” Is Now Official Policy at FTC on MLM

Feb 28, 2019 | False Profits, Legalities and Laws, Pyramid Scheme Politics

After publishing a recent “Update” newsletter for Pyramid Scheme Alert, I was sent a correction by one reader to the statement that the FTC had not prosecuted any “MLMs” in the last two years. There had been at least two in early 2018, it was...
The Importance and Futility of Class Action Lawsuits against MLMs

Consumer Alert: Beware of Scam Using Initials, F.T.C.

Jan 21, 2018 | False Profits, Legalities and Laws, News, Pyramid Scheme Politics

Consumers should be on the lookout for an entrapping and misleading document circulating and being widely referenced on the Internet entitled, “Business Guidance Concerning Multi-Level Marketing.” It purports to offer guidelines for legal and legitimate...
The Importance and Futility of Class Action Lawsuits against MLMs

Deception and Delusion: How Pyramid Schemes Maintain the “Direct Selling” Disguise

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...
The Importance and Futility of Class Action Lawsuits against MLMs

Half of Amway’s Products Are Retailed. Really! Plus Other Wacky Numbers

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...
The Importance and Futility of Class Action Lawsuits against MLMs

Have I Got a Deal For You: The Endless Chain Offer

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...
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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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