MLM debt leads to murder and failed suicide attempt
One of the more worrying aspects of the MLM industry is people racking up long term ongoing debts they cannot pay.
As anyone in the industry will tell you running a MLM business successfully requires an ongoing monetary investment. Leads aren’t just going to fall into your lap and more often then not, be it via direct purchase, advertising or just talking to people – you’re going to be outlaying some money to get them.
Over time if you’re not successful with your MLM business though, these debts can rack up and cause a world of pain. Without money coming in it can feel like you’re digging yourself into a hole you’re never going to crawl out of.
Of course many when asked about this many uplines will simply advise their downlines that they’re not trying hard enough, following the business template properly or that it’s simply not their problem.
So… left out on the cold on your own by an industry that values success and ignores failure, what is the struggling MLM business owner to do?
For Ellery Bennett the answer lay in murdering his wife and then attempting to take his own life.
Ellery Bennett started his foray into the MLM business by joining Liberty Leauge International back in March, 2007. After a year of working Liberty League and his corporate job he quit his corporate role in 2008 and solely focused on his Liberty League business.
Of his Liberty League International business, Bennett stated
I work for myself and I create the life I want for my family. I have time, freedom and a tremendous lucrative opportunity.
I live life on purpose, I know what I want, I believe in who I am, this company and the products. Anyone can be successful, it’s a choice, so choose wisely…
Presumably after some moderate success Bennett remained with Liberty League until late 2009 when Liberty League International changed over to Polaris Media Group (now Polaris Global).
Bennett’s next MLM venture was then with the LGN Prosperity group where he remained until recently.
Despite projecting the image of success Bennett appears to have been battling a long term mounting MLM debt as a result of his involvement in the MLM industry. So successful was Bennett at hiding this debt and employing the all-too-familiar ‘fake it till you make it’ mantra that his friends and family had no idea.
Bennett’s wife however was fully aware of the situation and presumably after years of struggling, finally decided to call it quits and filed for divorce on August 11th, 2010.
Coupled with his failed MLM business ventures and mounting debt it appears that it all became too much for Bennett. On Wednesday 18th of August, Bennett took the life of his wife and then attempted to commit suicide. Unable to go through with it however, Bennett presented at a local hospital and told authorities that they would find the body of his dead wife in their home.
Bennett has since been charged with pre-meditated first degree murder.
Of particular note in this story is Bennett’s involvement in Liberty League International (Polaris Global). Liberty League International were in the personal development industry and offered a flagship 90 day course, Beyond Freedom that is designed to be ‘life changing’.
One can’t help but question the effectiveness or long term benefits of these programs if the end result is resorting to murder and suicide.
Secondly is the worrying note found in Bennett’s home indicating that he also wanted to kill his neighbour. Bennett’s neighbour appears to have at some point shown some interest in his LGN business venture but then failed to commit.
Presumably Bennett had approached his neighbour as a prospect but then became frustrated with his or her lack of committing to the LGN business. Thankfully the indications that Bennett wanted to harm his neighbour left in his letter were never carried out.
What we have here I believe is the ultimate end result of the faking it till you make it idea that is so heavily pushed onto new MLM recruits joining the industry.
People no doubt respond to success so in order to be successful you need to project a credible image of success. If you aren’t having that success though then you need to fake it until you are, regardless of what is really going on behind the scenes.
BehindMLM reader ‘Eye Opener’ described Ellery Bennett as being
the gentlest person with a kind heart, who loved life, his wife, his daughter’.
Whether this is true or not I can’t say but it does appear to be the image Bennett chose to project to the world despite his business failure.
To those in the MLM industry be careful what you’re getting yourself into financially. Debt is debt and it doesn’t go away, nor does it reduce in size on its own.
And to those already struggling with MLM debt please think about the future and talk to someone.
Anyone.
Like any business venture the prospect of financial failure often results in the devastation of people’s lives as they know it. Unfortunately a common theme in the MLM industry that differentiates it is that your personal success if often directly tied into the financial success of your upline.
Succeed and you’ll get all the support and encouragement in the world. Fail and you’ll more then likely be shut out and kept in the dark, where Ellery Bennett appears to have finally wound up.
Debt management might seem unachievable but with a bit of persistence and proper planning is viable for anyone. There are far better solutions then killing your wife and trying to take your own life out there.
Take care people.
Ellery Bennett did not rack up the debt in MLM. He did it in a failed real estate venture that came after he made a fortune in the home business industry.
It is atrocious what he did but please get your facts straight. Bennett made a ton of money at Liberty League and also at TVI.
He decided to venture into real estate after LLI and that is where the debt and failed business came from. The fact that he is a deranged murderer is disgusting but please OZ get your shit together before making assumptions.
I think you’ve crossed a line here and this article is in bad taste. I don’t think any reasonable person looks at this situation and says “MLM did this”.
According to every article I’ve read, Ellery Bennett was in debt for HUNDREDS of thousands of dollars for various real estate and investment deals.
I also have it on fairly good evidence that Ellery made a good income while he was with Liberty League. I don’t know if he quit before it changed to Polaris or not. The last network marketing business he was in was TVI which had a very low getting started cost.
Let’s stick to the facts.
this article is a disgrace . It has nothing to do with MLM whatsoever and shows how desperate you are to put down a legitimate industry. To suggest it turns you into a murderer is disgusting.
You make a load of presumptions – ie you are making it up-as you have nothing better to write about and are worried your advertising you earn on this site will drop off.
Ellery earned a lot of money in Liberty League and then went into TVI; he was heavily involved in the real estate market which as we all know has been decimated in the US. That is where he lost his money. Stick to facts (not that you ever do)
I am very disappointed at the direction this site has taken, this is that last time I’ll grace this site. Totally slanderous and disgusting to talk about a person this way, they have no way of defending themselves and you are just speculating about his life.
You have lost all credibility and now nothing you have said to warn people of certain companies has any basis or value any longer.
Goodbye
@Jack’s Facts
Can you be specific as to what exactly he was involved in or is real estate and Bennett’s current debt just speculation?
I note that in his Linkedin profile Bennett lists himself as an ‘Realtor–Short Sales Expert, REO Specialist’ but there is no business information regarding real estate listed.
Short sales appear to be lending money out to ‘buy’ a loan at a discount and then pocketing the difference when the loan defaults and the property is foreclosed?
I’m not a realtor but from the quick look I’ve had that appears to be what it’s about.
Kind of curious as to how you rack up $500,000+ of debt when foreclosures are happening left right and centre. Surely if Bennett was making bucketloads in MLM his business sense would have told him to get out of real estate and stick with his MLM ventures.
Whilst that explanation doesn’t quite make sense, the far more simpler explanation was that Bennett’s MLM ventures weren’t as profitable as people are claiming. And that’s where my opinion comes into it.
Everything I’ve read has pointed at Bennett's income being directly tied to MLM. Specifically his website thesecret2homebiz which the latest article “Armamentarium of Home Business Opportunities”, dated January 1st 2010, lists three business opportunities (LGN Prosperity, Royal Cruise Matrix and TVI Express), that Bennett was/is involved in.
If these businesses were going so well wouldn’t they be able to offset any real estate losses or at the very least pay them off over time if he ceased trading in short sales?
The fact that Bennett was involved in not one but three MLMs tells me neither of which was particularly successful for him, otherwise wouldn't he be focusing all his energy into building just one team. MLM by nature rewards those with large downlines, so why weaken and spread out this downline over several businesses?
That and most MLM prohibit their member's from actively promoting other opportunities.
The divorce seems to be what tipped Bennett over the edge and from what I gather the divorce was a result of the debt Bennett incurred via his various MLM ventures or at least some of it.
If someone has concrete information regarding his supposed losses in real estate then I’m all ears. For now all we’ve got is news reports mentioning Bennett’s online business ventures and a website where he’s selling multiple opportunities, indicating neither was doing particularly well.
How many financially successful MLM business owners out there do you know who are running with multiple companies at the same time?
Doesn’t sound like the status of a success story but rather then of someone desperate to succeed in any MLM opportunity.
The second page of freep.com/article/20100820/NEWS03/8200311/Charge-expected-as-stabbing-suspect-recovers states the couple took home $2625 after tax. His wife was in a mangement position so presumably most of the income was hers.
Even if it wasn’t… split evenly at $1312 that’s pretty slim for marketing three businesses plus trying to run real estate.
The article does mention loans dating back to 2005 though.
One would think that despite going through Liberty League who market personal development (which includes personal finances I’d imagine), Bennett wasn’t able to recover his losses or manage them. Then there’s the whole murder and how not to deal with a pending divorce thing.
One has to question why also if Bennett was making bucketloads in Liberty League, did he leave late last year?
It’s true that the money required to join the MLM’s that followed Liberty League isn’t much but marketing three online businesses that rely on leads isn’t cheap. Leads usually cost money in one form or another and that money has to come from somewhere.
Then there’s the whole threatening his neighbour thing for not joining his business – sounds like Bennett was pretty desperate for leads by the end of it.
Maybe his wife just got sick of funding it all.
@Susan
Bennett listed himself as a short seller, which if I understand correctly should be massively benefitting from a market flooded with pending foreclosures?
I also didn’t suggest MLM turns you into a murderer, just that MLM debt might. More so worrying the fact that two years of Liberty League personal development wasn’t enough to stop it either.
Bennett had a history of domestic violence before joining Liberty League and murdered his wife after coming out the other end. Perhaps a reflection of the true value and effectiveness of the company’s flagship product?
This jagoff was charged with premeditated murder, and he orphaned his daughter. He wrote her a callous, self serving letter where he essentially blamed his wife.
He was a well known philanderer in Liberty League. But I’m sure he acted like a real nice guy when he was trying to sell a ridiculously overpriced product, but really he’s just a sociopath – as are most multi level marketers.
I’m not saying they’re all murderers, or that they have the capacity to murder. But they’ll roll over you in a minute to sell some crap product at an exorbitant price so that they can maintain they’re lifestyle.
Oz is right about this… MLM’s enrich a few but screw over most. People need to really think before joining one. There’s an argument that MLMs are a way to earn an income in a bad economy, but seriously how can people afford to pay $15,000+ for a 3 or 4 day event?
Go to these companies’ websites and look at their event pictures – they’re not packing them in like they used to, when people would refinance their homes just so they could attend an event.
What’s most likely to happen is that you’ll spend a lot of money you shouldn’t have and find yourself in a desperate situation.
Having read and re-read oz’s article I cannot see why it is in “bad taste” or a “disgrace”. He is validly warning his readers of the dangers of excessive debt, a situation many of them have found themselves in following some sort of exposure to the MLM industry.
I have to agree wholeheartedly with the above sentiment. When you have the likes of Rush, the Lavenias, Krider and Oliver, Neid, Glanville etc running mlm enterprises then you have to worry for people who are suckered into the schemes, especially those who join them because they may already be under financial stress.
If Liberty League (& Polaris) provided such powerful self help tools they certainly didn’t do much for Bennett. LLI, PMG, Lifepath, Avant etc provide clap trap, petty pop psychology as a remedy for life’s problems, very similar to what $cientology does and at exorbitant prices to match.
@ Jack’s Facts – “He decided to venture into real estate after LLI and that is where the debt and failed business came from.”
@ Susan Shaw – “That is where he lost his money.”
How do you know this??
Thank you for sharing this and in your helping to create some awareness. It is sad. The child is in my thoughts and prayers.
Absolutely disgraceful article, and yet another example of you not doing your homework before opening your mouth.
As opposed to your comment, which is an encyclopedia of knowledge and facts of your own.
I’ve provided links to my sources, meanwhile critics thus far have provided us with nothing.
There not critics, there just ploaris global snake oil salesmen hovering around this page as usual trying to defame it discredit it because anyone who does a simple search on the net can now see that polaris global, polaris media group, liberty league or whatever they want to change there name to next is a money stealing scam.
First, defining “short sale”… A short sale is where the original owner of the house goes to the lender (who lend them the money in the mortgage) and say “I have to sell this house. Can you PLEASE reduce my mortgage amount? You can get back MOST of your money now, just not all of it.” The bank will evaluate the short sale offer, and accept or deny or counter-offer.
Second, not quite as bad as murder, but here’s an article about a man cheated his friend out of money to join TVI Express… From Chinese government website:
http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.12312.gov.cn/ffbd/wqgs/611184.shtml&ei=3_qWS_6DD47ctgOhl43CAQ&sa=X&oi=translate&ct=result&resnum=2&ved=0CAsQ7gEwAThu&prev=/search%3Fq%3D%2522tvi%2522%2Bsite:.gov.cn%26start%3D110%26hl%3Den%26client%3Dfirefox-a%26hs%3DpIW%26sa%3DN%26rls%3Dorg.mozilla:en-US:official
Had to laugh reading the ads in our local paper,regarding Sue and Jerry Smart, ex LLI and PMG world record holders!
Now they are spouting Wealthmasters International, usual old crap “Parents of 4 kids make 7 figure income yada yada” at the bottom of the advert it reads “Not Polaris Media Group”.
Go figure, PMG is supposedly the company that gave them the 7 figure income. OZ any chance of doing a piece om Wealthmasters?
I didn’t think I would get an answer to my questions.
Hey David. I’ve got them on my list to write about at some stage. Not enough hours in the day unfortunately!
Oz you are able to go on adnauseum about the tragey concerning the Bennett family. This site is for review of MLMs NOT gossip. I would also like to see WealthMastersInc and LifePath reviewed.
Regardless of the reasons, which no one will probably every fully know, this woman lost her life in what sounds like a very brutal murder.
Ellery and Lisa’s business is just that, no one ever knows what goes on behind closed doors and what really happened that night. We should all PRAY for them and there family, not speculate or SPREAD Rumors!
Years of Real Estate gone bad maybe?
The question is where are all his MLM buddies now?
I as well will never read your site again, you have lost my trust with your poor judgement.
With warmest regards to The Bennett Family.
May God Bless Them All
JZ
Ellery Bennett gets life sentence in fatal stabbing of wife
“She wasn’t lost. You killed her,” [Judge Nanci]Grant told him as Lisa Bennett’s family and friends sobbed. “She lay asleep in her bed, and you took a knife and carved her up.”
Lisa Bennett, 47, a pharmaceutical sales representative, was found dead of multiple stab wounds in the family’s West Bloomfield home Aug. 18, days after she filed for divorce from Ellery Bennett, a former pharmaceutical sales manager and motivational speaker.”
(No mention of any real estate activity)
http://www.freep.com/article/20110310/NEWS03/103100468/West-Bloomfield-man-gets-life-sentence-fatal-stabbing-wife
More on Bennett –just sentenced to life in prison:
His dead wife was “the mother of 2”
Ellery Bennett/ YouTube Video: “I started this home-based business and I entirely control my time. And I am providing for my family with financial abundance.”
But in reality, Bennett was lacking in financial abundance. According to court records obtained by Action News, Paramount bank was suing both Lisa and Ellery for defaulting on $408,000 in loans.
Court records also show, their house appears to be under water by $153,670.
Ellery Bennett has an active real estate license, and he has several companies:
E. B. Management
Motownhomebuyers LLC
Bennett Ventures LLC
Kel Management LLC.
At one point, he also owned 12 homes in Detroit, and some property in Florida.
“She was concerned there was a lot of debt, in trying to build up his business, that was incurred by him. And that was one of the factors leading to the divorce,” said Moss.
According to police records, Ellery Bennett also has a criminal history. In 1991, he was charged in Oak Park with felony assault with a dangerous weapon. He later pleaded to misdemeanor assault.
http://www.wxyz.com/dpp/news/local_news/investigations/murdered-west-bloomfield-mother-had-recently-filed-for-divorce,-cited-husband's-financial-woes
Sad, very sad, but MLM, with its cult-like similarities, can lead to greater tragedy than a simple scam.
Albania’s national economy was almost ruined in 1996-97 by several pyramid schemes… At one time the schemes have more money tied up than the national reserve, according to this short paper from International Monetary Fund.
http://www.imf.org/external/pubs/ft/fandd/2000/03/jarvis.htm
What does a guy who went broke big time making the wrong bets in Real Estate has to do with MLM ? would anybody here tell me how my $100 a month MLM expenses (and my $300 MLM income) is going to make me end up with $600,000 in debt?
You forgot to read the part where Bennett was in Liberty League / Polaris Media and then LGN Prosperity.
both things are completely unrelated. Say here I am involved into 3 or 4 MLM opportunites .6 month down the line I have made or lost $1000. But say next week I go out in a busineess deal with my brother-in-law (who is a real estate developer) and a year later a have lost my shirt to the tune of $750,000 in the Real Estate deal.
Who is to blame ?:the few hundred dollars I spent MLM’ing or my foolishness for going into big debt in a business (real estate) i know nothing about?
Come on. Be objective. May this site should be renamed “IhateMlm.com”
They *are* related. Both contributed to his financial distress.
I checked in Goddady and the domain “IhateMLM.net” is available. take it before it is gone
which constributed more?.his MLM profits or his HUGE Real estate loses and towering debt. There is no way you can pile up that can of debt playing around with a MLM bussiness Op
We don’t know anything about whether they were related or not, do we? Liberty League International had some ideas that CAN have contributed, some “recipes for success” that didn’t always work.
I can vaguely remember some ideas about having BIG dreams, “focus on your dreams to make them become reality”, and some other related ideas.
I can also vaguely remember people being taught how to max out their credit cards in order to get what they wanted, and about the importance of having the right attitude.
“Completely unrelated” will mean there are no similarities between the ideas.
In a case like that, we will follow the story backwards until we are able to find something MLM-related, and blame it on that. “This must be the main reason, he was involved in MLM 18 months ago”. 🙂
@stewar
You obviously haven’t looked into the companies Bennett was a part of.
You haven’t studied Polaris Media Group then.
Their “Beyond Freedom Evolution” home study course is $3195.00, and there are various “options” you can order with it. And let’s not even mention the seminars.
Scroll to the end of the link and read for yourself.
http://mattlloydsblog.com/archives/69
One of those PMG seminars cost over $18000. Really.