Jan 24, 2020 | Legal, News
Recent FTC prosecutions of MLMs, Advocare, Nerium/Neora and Success by Health are rightfully applauded by citizens. However, these FTC actions – once again – raise false hopes that the FTC, finally, recognizes the scale of MLM harm and is, finally, going to act...
Jan 13, 2020 | False Profits, Legalities and Laws, Pyramid Scheme Politics
People who free themselves from “MLM” painfully discover an intertwining web of fake income promises, pretenses to “direct selling” and cruel manipulations to induce false hope and constant purchasing. Yet, there is one more layer of deception they often do not...
Dec 6, 2019 | Economics / Financial, False Profits, Pyramid Scheme Politics
(December, 2019) The fortunes of investors in the $20 Billion “multi-level marketing” sector of Wall Street hang, by an almost invisible thread, on law enforcement policy of the FTC. Following the Herbalife (HLF) prosecution in mid-2016, two more MLMs,...
Oct 24, 2019 | Economics / Financial, News
At least 12 million Americans that had been classified and counted as “direct sellers,” aka MLM, officially disappeared from the rolls. They stopped pursuing or even holding out hope for the legendary “unlimited” income. Legally, they are still contractors under...
May 30, 2019 | Economics / Financial, False Profits, Legalities and Laws, Pyramid Scheme Politics
The big story about the MLM, Advocare, dropping out of MLM and adopting a “single-level” system (actual direct selling) supposedly as a result of “confidential talks” with the FTC is highly suspicious on its face. At its website, Advocare states: On May 17, AdvoCare...