MLM and Crypto, Unsurprisingly Similar
I call to your attention a very informative podcast, not about MLM directly, but one that goes to the heart of all “anti-MLM” discussions: What Is MLM? The featured podcast is the Intercept, hosted by Ryan Grim, interviewing actor and activist, Ben McKenzie. The...India’s Money Laundering Case against Amway Breaks New Ground in Enforcement and Revealing MLM
Financial regulators in India have charged the Amway Corporation with a financial crime: running a $7 billion “money laundering” scam. Amway’s “multi-level marketing” enterprise is described as “pyramid fraud in the guise of direct selling.” This...Amway Charged with Massive Money Laundering Scheme in India
Financial regulators in India have taken one of the most significant government actions against MLM in recent history. It will be examined by FTC and SEC in the USA and similar regulators around the world. The Enforcement Directorate (ED), a federal law...Activists Ask: How to Comment on FTC’s “Earnings Rule” without Treating MLM as “Legitimate”?
The Federal Trade Commission (FTC) announced it will consider a new “earnings rule” to restrict false or misleading “earning claims” by companies, including multi-level marketing. It is asking consumers to send comments. This is good, yes? Well, better than...Revolving Door, Influence-Peddling on Full Display as FTC Discusses Policies on MLM Deception
On Feb. 17, the Federal Trade Commission (FTC) announced it would begin a long-term process of possibly making a rule against deceptive “earnings claims.” Many opponents and critics of multi-level marketing are hopeful this first step in possible FTC...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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