Aug 14, 2020 | False Profits, Pyramid Scheme Politics
It is not denied or hidden that Donald Trump is involved and connected to multi-level marketing (MLM). Wall Street Journal and other business media report Trump’s 10 years as spokesman for ACN and his namesake MLM, Trump Network. How much money in total he gained...
Mar 23, 2020 | Ethics, False Profits, Individual / Social Impact
What everyone knows, yet few will say, is that the greatest injury suffered by MLM victims is not dollar losses. It is the blow to the soul, an injury that may be carried unhealed throughout life. It is a shock to self-esteem, trust and social capital. MLM injury...
Mar 4, 2020 | Economics / Financial, Individual / Social Impact, MLM, News, PSA in the Media
Yahoo Finance’s remarkable 3-episode podcast on multi-level marketing, Illegal Tender, Season 4, should be recognized as a milestone in business media coverage of MLM. For the first time – without equivocation and without entertaining even a hint of...
Jan 13, 2020 | False Profits, Legalities and Laws, Pyramid Scheme Politics
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...
Dec 6, 2019 | Economics / Financial, False Profits, Pyramid Scheme Politics
(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,...
Oct 24, 2019 | Economics / Financial, News
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...