Jun 6, 2025 | Individual / Social Impact, News, Pyramid Scheme Politics
by Robert L. FitzPatrick, Author, PONZINOMICS, the Untold Story of Multi-Level Marketing For more than 40 years, multi-level marketing (MLM) has enjoyed the support of major US institutions – news media and publishing, Wall Street, universities, Congress, and law...Jan 24, 2020 | Legal, News
Recent FTC prosecutions of MLMs, Advocare, Nerium/Neora and Success by Health are rightfully applauded by citizens. However, these FTC actions – once again – raise false hopes that the FTC, finally, recognizes the scale of MLM harm and is, finally, going to act...
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,...