Multi-level marketing ventures, described by some as “legal pyramid schemes,” have poured roughly $2.5 million into politics ...
One of the credibility-building factors that modern multi-level marketing (MLM) companies rely on is the assertion that they're legal. Often, it's said that if a company wasn't following the laws, ...
Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...
BKC Director Rebecca Tushnet comments on accountability for software companies servicing multi-level marketing companies accused of being pyramid schemes. “Regulators take the position that basically, ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Bridget Read shares an investigation into ...
Multi-level marketing (MLM) is a large industry in the United States made up of independent salespeople that sell both products and the opportunity to join the business. The increasingly predatory ...
Founded in 2001, Fortune Hi-Tech Marketing was a Lexington, Kentucky-based company that used a multi-level marketing approach to sell consumer goods and services. However, in 2013 the Federal Trade ...
Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...
You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...
A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid scheme ...