A European Court Rules: “Herbalife Is an Illegal Pyramid Scheme”
There are two icons of MLM that represent all the others of that “industry”. They are among the oldest and largest MLMs, and they have spread to most other countries worldwide. One is Amway. The other is Herbalife. Herbalife has just been ruled an illegal...Texas AG Forces MLM, Fortune High Tech Marketing, to Pay Refunds
Fortune High Tech Marketing (FHTM), the darling of the multi-level marketing industry when it was launched by former recruiters of the bankrupt MLM, Excel Communications, has been hit by regulators in yet another state. Texas consumers who were involved in the scheme...FTC: Line between MLM and Pyramid Fraud too Complex to Regulate
The staff of the Federal Trade Commission (FTC) has reversed its earlier position on the need to regulate multi-level marketing and has now recommended exempting all MLMs from a proposed “business opportunity rule.” This means MLMs will have no rules...Is Social Security a Ponzi Scheme? Pyramid Scheme Alert Answers: NO!
Since its founding 11 years ago, Pyramid Scheme Alert has battled an epidemic of Ponzi and Pyramid Schemes in the USA and internationally. The schemes operate as multi-level marketing, home-based businesses, gifting clubs, investment schemes, buying clubs and under...Hyped by Donald Trump, ACN Video Phone Business May Be Collapsing
Donald Trump tells Americans that it is a technology breakthrough, a wave of the future; everybody will own one; better get in now! He is personally endorsing and hyping the “revolutionary IRIS V Video Phone”, the flagship product and the new icon of the...FREE REPORT
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