Oct 18, 2023 | Legal, MLM, News
Under the subtitle “Legions of Losers”, the first chapter of PONZINOMICS begins: “Those who encounter enterprises such as Amway, Nu Skin, Mary Kay, Avon, Usana, and hundreds of others, have a universal experience: loss. The failure of millions each year is...
Feb 14, 2022 | Economics / Financial, Investment, MLM
A New York Times article this week reported that the most significant, and likely the most persuasive, advertisements on the most famous advertising platform of the year – the American Super Bowl – will be for Crypto currencies and NFTs. There will, of course, be...
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...
Jun 14, 2019 | Economics / Financial, False Profits, MLM, News
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...Feb 4, 2019 | MLM, News, Pyramid Schemes
Hidden, Obscured and Denied… Author Robert L. FitzPatrick, Pres. of Pyramid Scheme Alert has published an eye-opening, succinct exposition of the realities of “multi-level marketing.” The newly published booklet is a distillation of years of research,...