A typical component of an FTC lawsuit against an MLM company is deceptive or unfair earnings claims. Last year the Supreme Court, in a decision that sided with payday loan scammers, limited the FTC’s ability to regulate MLM fraud. Specifically, the FTC was barred from seeking “equitable monetary relief under section 13(b) of the FTC [Continue reading…]
theory @ BehindMLM
A report from the Centre of Information Resilience has tied Prizm and founder Aleksey Muratov to Donetsk separatism in Ukraine. As per their website, the Centre for Information Resilience is
Although it’s always had a reputation for harboring scammers, over the past year and a half Dubai cemented itself as the MLM scam capital of the world. This coincided with the spread of the COVID-19 pandemic. Whereas most countries effected some sort of border control, Dubai has remained open for visitors. This has seen practically [Continue reading…]
A key-note speaker at a Plexus corporate event has told attendees that building their business ‘is an assignment from God to help you build your faith‘.
BBC journalist Ellie Flynn has gone undercover as part of an investigation into Younique and Nu Skin. Flynn’s documentary, titled “Secrets of the Multi-Level Millionaires”, examines the success of both companies in the UK. In doing so, it is inadvertently revealed that retail sales appear to be virtually non-existent.
After receiving a securities fraud cease and desist last Sunday, Genesis Mining has finally issued a public response. Being the responsible company that they are, Genesis Mining have announced they’ll register their securities offering with the SEC and operate legally in the US. … Nah, this is crypto baby.
Following the collapse of BitConnect, a common question on the mind of those who didn’t get sucked in is “how on Earth did this happen?” I’ve been wanting to cover BitConnect’s bizarre October event in the US for some time. I figure now is as good a time as any, and hopefully at the same [Continue reading…]
Despite every Ponzi scheme professing to offer its own unique spin on the model, the underlying mechanics of the scam remain the same. New money enters the scheme, primarily through new investors, which is then used to pay off those who have already invested. With this a Ponzi scheme in its simplest form and easily [Continue reading…]
MLM companies attached to robotic trading software make little sense. If you owned robotic trading software capable of generating legitimate and consistent returns year in year out, why would you share it? The normal thing to do would be to feed it seed money, let it do its thing and reap the profits. Opening your [Continue reading…]
Forever Living Products’ Leadership Bonus pays affiliates on sales volume generated down three Manager generations. To qualify for the bonus affiliates must meet sales volume requirements, which can be met entirely with self-purchase (no retail). The volume can of course be also generated via retail sales (or a combination of retail and personal purchase), and [Continue reading…]