Trump’s “MLM” Experience Laid Foundation for his Politics
"Calling a person a "liar" used to be one of the worst things you could say about somebody personally," a friend recently commented. He was referring, ruefully, to the president of the United States being routinely characterized as a liar, and his well documented...
“Newspeak” Is Now Official Policy at FTC on MLM
After publishing a recent "Update" newsletter for Pyramid Scheme Alert, I was sent a correction by one reader to the statement that the FTC had not prosecuted any "MLMs" in the last two years. There had been at least two in early 2018, it was pointed out. It is true...
Consumer Alert: Beware of Scam Using Initials, F.T.C.
Consumers should be on the lookout for an entrapping and misleading document circulating and being widely referenced on the Internet entitled, "Business Guidance Concerning Multi-Level Marketing." It purports to offer guidelines for legal and legitimate "multi-level...
“Anti”-Pyramid Scheme Bill and “Alternative Legality”
Update: The proposed law promoted by the Direct Selling Association to protect "MLM" companies from future regulation, criminal prosecution and class action lawsuits was reintroduced in 2017 with changes, though the intent is the same. It is now called HR 3409. The...
Sign of What’s Coming in Pyramid Scheme Law Enforcement at the FTC
Perhaps the clearest and most direct indicator of what is coming in America for pyramid scheme law enforcement and consumer protection occurred in recent week before the inauguration of president-elect, Donald Trump. Regulation and consumer protection are poised for a...
Why MLM Is Invisible, Part II: False History and Identity
In the previous (Part I) of this series, it was seen how the fictionalized language that was invented by MLM promoters serves to prevent critical analysis. Terms, which have nothing to do with how MLM actually operates, serve as protective coating, preventing a...
Why MLM Is Invisible, Part 1: False Language
Normally, a social or economic phenomenon, in which as many as 15 million American households participate year after year and which involves intrusive and sometimes disruptive personal and social interactions in addition to potentially thousands of dollars of lost...
Deception and Delusion: How Pyramid Schemes Maintain the “Direct Selling” Disguise
According to the MLM companies, Herbalife, Nu Skin and Amway, and others, the great majority of people who sign sales contracts, join as “salespeople” and buy sales kits have absolutely no interest in being salespeople or in making any money at all in those...
Wall Street Piracy and Pyramid Mania Merge
When pyramid schemes ignite on Main Streets anywhere in the world, the ensuing manias have been compared to a wildfire, a stampede, a mob-like madness. The rallying cries of “get in now, ground-floor opportunity, unlimited income!” are spread virus-like in...
Who Loses If Herbalife Is Not Investigated or Prosecuted
After William Ackman of the hedge fund, Pershing Square Capital, made his now famous slide presentation in which he charged that Herbalife is an illegal pyramid scheme that should be prosecuted by the FTC and the SEC, the debate soon shifted away from Herbalife itself...
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.
