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...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...
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...
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...