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,...
Oct 24, 2019 | Economics / Financial, News
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...
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In my files is an unpublished article written about five years ago.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...
May 30, 2019 | Economics / Financial, False Profits, Legalities and Laws, Pyramid Scheme Politics
The big story about the MLM, Advocare, dropping out of MLM and adopting a “single-level” system (actual direct selling) supposedly as a result of “confidential talks” with the FTC is highly suspicious on its face. At its website, Advocare states: On May 17, AdvoCare...
Jan 21, 2018 | False Profits, Legalities and Laws, News, Pyramid Scheme Politics
Consumers should be on the lookout for an entrapping and misleading document circulating and being widely referenced on the Internet entitled, “Business Guidance Concerning Multi-Level Marketing.” It purports to offer guidelines for legal and legitimate...