MLM Travel Scheme May Be Finished Off by State Regulators
May, 2009 California state regulators are doing what the Federal Trade Commission (FTC) will not do – protect the public from pyramid selling scams, also called “business opportunity frauds.” The latest example is the scheme, Your Travel Biz.com, a...Multi-Level Marketing Exploits Recession
Promises "Safe Haven" and Financial Rescue May, 2009 Unemployment is rising. Loans are hard to get. Foreclosures are skyrocketing; small business owners are closing their doors. Into this sad situation comes multi-level marketing (MLM), claiming to offer...Mannatech Pays Millions to Victims
State of Texas Prosecutes for False Marketing March, 2009 Mannatech Inc. will pay $6 million and its founder will pay $1 million to settle the Texas attorney general’s allegations that the company made false claims about the health benefits of its vitamins and...Product-Based Pyramid Schemes:
When Should an MLM or Network Marketing Program Be Considered an Illegal Pyramid Scheme? REPORT ABSTRACT by Jon M. Taylor, PhD October 15, 2004 One of the most problematical of business models is multi-level or network marketing (MLM ). Many MLM programs show all the...The Penny-Stock Pyramid Scheme
(and its Similarity to Multi-Level Marketing Pyramids) Each era has its own business hoax. The schemes develop in good times and bad and adapt to the special conditions of each era. With the benefit of experience and hindsight, the hoaxes appear obviously as frauds,...FREE REPORT
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