Jan 13, 2020 | False Profits, Legalities and Laws, Pyramid Scheme Politics
People who free themselves from “MLM” painfully discover an intertwining web of fake income promises, pretenses to “direct selling” and cruel manipulations to induce false hope and constant purchasing. Yet, there is one more layer of deception they often do not...
Dec 6, 2019 | Economics / Financial, False Profits, Pyramid Scheme Politics
(December, 2019) The fortunes of investors in the $20 Billion “multi-level marketing” sector of Wall Street hang, by an almost invisible thread, on law enforcement policy of the FTC. Following the Herbalife (HLF) prosecution in mid-2016, two more MLMs,...
Jul 20, 2019 | Economics / Financial, False Profits
In my files is an unpublished article written about five years ago. I described the surreal experience of constantly encountering or personally overhearing MLM recruiting soliictions, being personally told tragic and dramatic MLM stories by all sorts of people, and...
Jun 14, 2019 | Economics / Financial, False Profits, MLM, News
It is often said that recognizing “pyramid schemes” is difficult, complex, and confusing. Over the years that I studied “multi-level marketing”, I came to realize that the challenge of recognizing pyramid schemes is not complexity or disguise; it is political...