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Burned Again and Again and Again

Burned Again and Again and Again

Oct 23, 2008 | False Profits, Individual / Social Impact

There is a counter-intuitive rule in the world of scams. It is that the easiest person to fleece is someone who has recently been fleeced. Wouldn’t the previous loss cause the consumer to be more vigilant, plus experienced now? Sadly, for many, no. To the contrary,...
Burned Again and Again and Again

Monavie, a Harbinger of Amway’s End Times

Aug 25, 2008 | Economics / Financial, False Profits, Legalities and Laws

Amway is foundering and fighting for its life. New upstarts are challenging it, riding on the political and legal highway that Amway paved. Though Amway is huge, it also is hugely vulnerable, a house of cards. The newly challenging MLMs use all the tricks that Amway...

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Ponzis and Pyramids is a consumer education audio series that examines multi-level marketing and revealing the similarities between Wall Street Ponzis and Main Street Pyramids.

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