Dec 14, 2012 | Legal, News
In 2012, there were several publicized events that, along with other similar events over the least several years, indicate pervasive fraud in the multi-level marketing field and call out for a new and comprehensive investigation of this industry by regulators at the...Apr 20, 2010 | Legal, MLM, News
May, 2009 California state regulators are doing what the Federal Trade Commission (FTC) will not do protect the public from pyramid selling scams, also called business opportunity frauds. The latest example is the scheme, Your Travel Biz.com, a...
May 15, 2009 | Economics / Financial, False Profits
Some state regulators are doing what the Federal Trade Commission (FTC) will not do – protect the public from pyramid selling scams, also called “business opportunity frauds.” The latest example is the scheme, Your Travel Biz.com, a classic pyramid in which consumers...
Aug 11, 2008 | Economics / Financial, False Profits, Legalities and Laws
The multi-level marketing (MLM) company, Your Travel Biz.com (YTB), is being prosecuted for fraud by the Attorney General of California. And now, a class action lawsuit has also been filed against YTB by some of its agents for operating a pyramid scheme. Over 100,000...