New Book “Ponzinomics” Reveals how Politics, not Law, Protects MLM and Lets It Continue Pyramid Recruiting
People who free themselves from “MLM” painfully discover an intertwining web of fake income promises, pretenses to “direct selling” and cruel manipulations to induce false hope and constant purchasing. Yet, there is one more layer of deception they often do not... The Agony and the Angst: Wall Street Investors Ponder FTC “Enforcement” on MLMs
(December, 2019) The fortunes of investors in the $20 Billion “multi-level marketing” sector of Wall Street hang, by an almost invisible thread, on law enforcement policy of the FTC. Following the Herbalife (HLF) prosecution in mid-2016, two more MLMs,... Millions of “Direct Sellers” Disappear!
At least 12 million Americans that had been classified and counted as “direct sellers,” aka MLM, officially disappeared from the rolls. They stopped pursuing or even holding out hope for the legendary “unlimited” income. Legally, they are still contractors under... Is Public Perception of MLM as a Cultic Scam Reaching a Tipping Point?
In my files is an unpublished article written about five years ago. I described the surreal experience of constantly encountering or personally overhearing MLM recruiting soliictions, being personally told tragic and dramatic MLM stories by all sorts of people, and... News Media Keep Taking the Bait of MLM “Products”
It is often said that recognizing “pyramid schemes” is difficult, complex, and confusing. Over the years that I studied “multi-level marketing”, I came to realize that the challenge of recognizing pyramid schemes is not complexity or disguise; it is political...FREE REPORT
"What About This One?"
How do you tell the difference between legitimate direct selling and pyramid recruitment schemes?
Many -- too many -- are financial traps, but which ones?
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