Nov 11, 2010 | Legal, MLM, News, PSA in the Media, Pyramid Schemes, Scheme Alerts
Amway is the largest, oldest and best known representative of “multi-level marketing” (MLM). It is the most prominent member of the Direct Selling Association. This icon of “direct selling” just announced that it has agreed to pay restitution...Oct 31, 2010 | News, Pyramid Schemes, Scheme Alerts
State regulators and television news media have recently shined a light on what many people thought was one of America’s fastest growing multi-level marketing companies, ACN, based in North Carolina. ACN’s great claims to fame and legitimacy have been its...Oct 22, 2010 | Gifting, MLM, News
The state of Montana played David against the multi-level marketing (MLM) Goliath, ACN, when it recently accused that company of operating a pyramid scheme. ACN’s boastful promoter is the millionaire, Donald Trump, and the scheme’s product, a video phone,...Sep 19, 2010 | News, Scheme Alerts
Montana is a very large state with a famously big sky and vast natural resources, but in terms of consumer protection against the likes of the MLM scheme, ACN, it is a David facing off with a financial Goliath. Montana’s state securities commission is charging...Sep 6, 2010 | News, Scheme Alerts
One of the country’s fastest growing “direct selling” companies, called Fortune High Tech Marketing, was recently prosecuted by the state of Montana for operating an illegal pyramid scheme. Now, a group of distributors for the scheme has sued it,...Aug 4, 2010 | News, Scheme Alerts
The MLM scheme, ACN has been charged with operating as an illegal pyramid scheme by regulators in Montana. The charges brought by the state securities commissioner are depressingly familiar. They describe a predatory recruitment program based on outrageously false...