Are “All” MLMs Scams?
by Robert L. FitzPatrick, Pres. Pyramid Scheme Alert Could “all” MLMs be scams, financial traps in which less than 1% ever make money? Pyramid Scheme Alert is constantly asked this question, along with questions about specific MLM, (What About This One?)...Income Disclosures of Herbalife, Nu Skin and Amway 2012
Herbalife Nu Skin...Herbalife CEO Wants Distributors to Lobby to Keep Business in the Dark
Herbalife wants its distributors to tell Congress not to look into Herbalife’s business. In a letter asking Herbalife distributors to send letters to Congress for Herbalife, CEO Michael Johnson tells the distributors that its in their interests for basic facts...MLM Trade/Lobbying Group’s Defense of Herbalife Challenged
Pyramid Scheme Alert has called into question the basis for and the ethical standards of the Direct Selling Asssociation’s (DSA) defense of the multi-level marketing company, Herbalife. The DSA’ s president, Joseph Mariano, issued a statement in March that...What’s Your Herbalife Story?
Herbalife is at the center of headline news stories right now. Major investors are calling Herbalife a “pyramid scheme” and a money trap. They report that 99% of all who sign up never make a profit. They say the products are overpriced and most people join...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?
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