A Typical Phone Call from an Amway (or other MLM) Hopeful
MLM Hopeful: I just read your article, “The 10 Big Lies of Multi-Level Marketing.” I was wondering when you wrote it and if you still stand by it? FitzPatrick: Are you asking me about something in particular? MLM Hopeful: Well, I’ve heard that Amway is now a $10...
Is Social Security a Ponzi Scheme?
A presidential candidate charges that the American Social Security system is a “Ponzi scheme” not long after the largest Wall Street Ponzi scheme in history collapsed and wiped out pensioners and charities. Pundits loudly argue the candidate’s claim but almost none...
Amway’s Deceptions
The settlement of the consumer class action suit in which, responding to criminal fraud charges, Amway has agreed to pay $150 million in restitution raises, again, the unavoidable questions: What, if anything, is true and legitimate about Amway? How deep is its...
Buyer Beware: What Is Not Disclosed when You Are Recruited to Join a Multi-level Marketing Scheme
Consumers often ask: Even if multi-level marketing companies are pseudo-businesses, pyramid schemes and financial traps, couldn’t they run legally if they just disclosed how they are structured and operate, the actual financial loss rates, the quitting/turnover rates,...
The Fully Disclosed Fraud
Until recent years, to “prove” that an endless chain income or sales scheme was a fraud only required explaining that it was in fact an endless chain. In other words, endless chain schemes were understood to be “inherent” frauds. They are not good businesses gone bad...FREE REPORT
"What About This One?"
How do you tell the difference between legitimate direct selling and pyramid recruitment schemes?
Many -- too many -- are financial traps, but which ones?
This free audio and written report provides the tools and facts you need to spot the scams. Get it now.
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