Stream Energy in Texas, Sued for Operating a "Pyramid Scheme"

August, 2009

The Texas-based MLM, Stream Energy, which sells gas and electric utility services in Texas and Georgia, has been sued for operating a pyramid scheme. The civil suit, which is seeking class action status, claims that Stream Energy misrepresents income potential, misleads consumers to invest as salespeople, is causing the great majority of "sales people" to lose money and is destined to collapse. Read More