A summary and evaluation of the top 5 events involving pyramid schemes and multi-level marketing, affecting millions of households, is the theme of latest Update newsletter published by Pyramid Scheme Alert. The free newsletter is now also available online.
Among the topics covered:
- Overview of the efforts to expose the truth about the MLM, Herbalife, now raging on Wall Street and Main Street.
- The new “Coalition” of Consumer Groups and individuals who are seeking investigation, greater law enforcement and regulation of multi-level marketing by the US Federal Trade Commission (FTC).
- The state of campaigns to get the US Federal Trade Commission to establish a clear line between “legal” multi-level marketing and illegal.
- Overview of the largest prosecution of 2013 by the FTC of a MLM scheme, Fortune High Tech Marketing.
- A slightly humorous look at the more absurd and ridiculous developments occurring around the poor regulation and cynical speculation on MLM scams.
