News

Visalus Sued for Racketeering, Pyramid Fraud

The text of a new lawsuit filed against the MLM, Visalus, paints a vivid picture complete with video links and color photos. The suit was filed by the law firms, Sommers Schwartz in Southfield Michigan, Prebeg, Faucett & Abbott in Houston  and Wexler Wallace in Chicago, which are also suing the “engergy” MLM, Stream/Ignite. The  text of the lawsuit declares...

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Specter of Illegality Stalks Multi-level Marketing

From around the world, the charge that multi-level marketing is illegal is being sounded. Consumer activists have long charged that “MLM” is not a true business based on sales to the public but a pyramid scam based on “endless chain” recruiting fueled by “distributors” making purchases to qualify for recruiting rewards. Some MLMs have more retail sales than...

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Why Wall Street Can’t Understand Multi-Level Marketing

How is it possible that some of Wall Street’s brightest people say they cannot figure out whether Herbalife and other MLMs are pyramid schemes or not? Why do so many journalists become flummoxed when delving into MLM pay plans, contracts, and “income disclosures.” And how is that millions of ordinary people lose substantial money in MLM yet many of them still proclaim...

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The Shocking Realities of MLM Injuries

On May 2, an extraordinary event was held in New York City in which courageous citizens who had been injured at the hands of the MLM, Herbalife and its recruiters, came forth publicly and told their MLM stories. This is a voice that has not been quiet, but, but rather has been ignored or suppressed for decades until now. The stories were told in a compelling documentary and then elaborated in...

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Fortune High Tech Rests in Peace while Zombie MLMs Stalk the Public

by Robert L. FitzPatrick, Pres. Pyramid Scheme Alert The popular and fast-growing multi-level marketing company, Fortune High Tech Marketing (FHTM), is now officially dead. A few of its top leaders are banned “for life” from participating in MLM companies and were required by the FTC to pay back millions of their ill-gotten gain. “In recent years, the scheme targeted Spanish-speaking and...

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Soul of MLM Examined

In a new, hour-long interview, Jordan Harbinger (The Art of Charm) asked PSA President, Robert FitzPatrick to explore the deepest, darkest elements of MLM. The interview examines how MLMs capture people’s dreams, take over their lives, and insinuate into families and communities. Harbinger’s interest sprang from his work to aid men in discovering their own power in being more attractive...

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White Paper Examines MLM Legality and Economic Legitimacy

The two top legal experts in America on pyramid schemes, attorneys Douglas M. Brooks and Bruce Craig, carefully researched and evaluated the federal court cases that define and outlaw pyramid selling schemes under Section 5 of the Federal Trade Commission Act. They applied these cases to the widespread practices of MLMs today to evaluate MLM legality. This is the most in-depth and current...

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What’s the Matter with Multi-Level Marketing

From all over the world, the people who visit the Pyramid Scheme Alert website ask the same two specific questions more often than they do all others.  (1) What about this MLM (fill in the MLM name), legitimate or scam? and (2) Are all MLMs bogus income opportunities? We  address that first question about specific MLM with  audio and text resources. Thousands of people have downloaded them and...

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Top 5 Events of 2013 in Pyramid Schemes and Multi-level Marketing

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....

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Wall Street Piracy and Pyramid Mania Merge: An Analyis

Main Street and Wall Street are usually viewed as two separate worlds. Main Street concerns ordinary Americans, the workplace, community life, and individual hopes and beliefs about work, faith, family, service, health and security. Wall Street, today more so than in the past, is recognized as  a market for financial products that no longer reflects the general state of the economy. Wall Street...

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