Here's another multi-level-marketing scheme to be aware of. It's called "Trades of Hope" and Hannah Alonzo describes it as an MLM scheme "disguised as an advocacy organization." Here's how the Trades of Hope website pitches the business to potential "partners"…[Continue Reading...]
TikToker Kate Kowalczik (@lcswkate) recently uploaded a viral clip that’s accrued over 781,000 views in which she delineates how, on several occasions, she’s been approached by multi-level marketing employees while shopping in “discount stores.” Kowalczik highlights how these individuals will…[Continue Reading...]
It’s the start of 2024 and many South Africans are looking into developing multiple streams of income to survive financially as the cost of living soars. Multi-level marketing (MLM) structures continue to garner attention in side hustles, but what are…[Continue Reading...]
Pyramid scheme news: In 2023, India witnessed the launch of over 400 new multi-level marketing pyramid schemes, marking a five-year high, Economic Times reported citing Strategy India, a consultancy specialising in policy, compliance, and direct selling, and an associate member…[Continue Reading...]
VANCOUVER, BC, Nov. 16, 2023 /CNW/ - The B.C. Securities Commission (BCSC), as part of a coordinated U.S.-Canada enforcement action, has issued a temporary order against three B.C. residents and several related internationally-based companies to stop the promotion of an…[Continue Reading...]
Final guests have arrived for a birthday bash dubbed the party of the year after a Japanese billionaire splashed out more than £300,000 to hire an Italian city. Kaoru Nakajima has block booked the finest hotels in Palermo, on the…[Continue Reading...]
Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them and earn…[Continue Reading...]
The special investigation team (SIT) probing the alleged multi-crore cryptocurrency scam conducted searches at 41 different locations in Himachal Pradesh on Sunday and arrested one of the main accused Abhishek Sharma, who was evading arrest, police said on Sunday. Abhishek,…[Continue Reading...]
Multi-level marketing (MLM) has been the subject of much controversy, with some claiming it is in fact a pyramid scheme. This is because the business model inevitably requires constant recruitment for sellers to make money. By design, the people at…[Continue Reading...]
Here are some of the stories from people who were tricked, or almost tricked, into an MLM scam: "I was a new immigrant and desperate for a job. I did not know about MLMs and wanted to do something myself.…[Continue Reading...]
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