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Nu Skin: Red Flags and News Items of Interest

Jul 2, 2012 | Scheme Alerts

Nu Skin Facing Whistle Blower  Why Did Nu Skin’s Stock Drop? Wall Street Asking Questions about Nu Skin and other Publicly Traded MLMs Judge: Whistle Blower Can Call Nu Skin a Pyramid Scheme

Newspaper Series Explores Cult Connection to MLM, NXIVM

Feb 23, 2012 | MLM, News, Pyramid Schemes, Scheme Alerts

The lethal combination of cult and pyramid in a multi-level marketing company was vividly explored in a recent newspaper series on the multi-level marketing company, NXIVM (pronounced like the acid reflux “purple” pill). The four-part series in the Albany Times Union...

A European Court Rules: “Herbalife Is an Illegal Pyramid Scheme”

Jan 5, 2012 | Legal, MLM, News, Pyramid Schemes, Scheme Alerts

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

Nov 6, 2011 | Legal, MLM, News, Scheme Alerts

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...

Is Social Security a Ponzi Scheme? Pyramid Scheme Alert Answers: NO!

Sep 25, 2011 | Investment, Legal, News, Scheme Alerts

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...

Canadian Police Bring Criminal Fraud Charges against MLM, Business in Motion

Jan 25, 2011 | MLM, News, Scheme Alerts

Royal Canadian Mounted Police (RCMP) in the province of Manitoba in central Canada have brought criminal fraud charges against a prominent multi-level marketing company, its president and 12 of its promoters. The prosecution is a clear warning to any consumer about...
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