Apr 20, 2010 | Legal, MLM, News, Pyramid Schemes
Pyramid Scheme Charge Filed by High Level Ex-distributors October, 2009 A federal judge has ruled that accusations by former top level Herbalife distributors that the MLM, Herbalife International, is an illegal pyramid scheme are worthy of a trial. A trial of...Apr 20, 2010 | Legal, MLM, News
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...Apr 20, 2010 | Legal, MLM, News
Florida-based MLM, Own My Travel, Is Sued by SEC for Operating a Pyramid Scheme August, 2009 A small MLM in Florida called Own My Travel has been sued by the Securities and Exchange Commission for operating a pyramid scheme and selling unregistered securities. The...Apr 19, 2010 | MLM, News, Scheme Alerts
State of Texas Prosecutes for False Marketing March, 2009 Mannatech Inc. will pay $6 million and its founder will pay $1 million to settle the Texas attorney general’s allegations that the company made false claims about the health benefits of its vitamins and...
Aug 18, 2009 | Economics / Financial, False Profits
Multi-level Marketing (MLM) has been a significant force in America since 1980. And in most of that time, it never had an iconic human face — a Jack Welch, Bill Gates, Ray Krock, or a Lee Iacocca. Usually, when a MLM executive was seen on TV it was due to a lawsuit or...