Fed Prosecution of Pyramid Money-Processor, Payza, Reveals Dilemma of Identifying “Legitimate” MLMs
by Robert L. FitzPatrick The U.S. Dept. of Justice (DOJ) recently obtained guilty pleas from two individuals involved in a global PayPal-like money-transfer company, called Payza. According to the DOJ, Payza served numerous merchants that were “Cyclers” and “MLMs”....
New Book “Ponzinomics” Reveals how Politics, not Law, Protects MLM and Lets It Continue Pyramid Recruiting
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... The Agony and the Angst: Wall Street Investors Ponder FTC “Enforcement” on MLMs
(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,... Millions of “Direct Sellers” Disappear!
At least 12 million Americans that had been classified and counted as “direct sellers,” aka MLM, officially disappeared from the rolls. They stopped pursuing or even holding out hope for the legendary “unlimited” income. Legally, they are still contractors under...FREE REPORT
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