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 SchemeFeb 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...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...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...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...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...