Most people at one point or another have been approached by a friend to attend a sales party for their new endeavor. Many of these parties are for Multi-Level Marketing groups, also known as MLMs. Emily Lynn Paulsen wrote about…[Continue Reading...]
In this article, we will discuss the 9 famous pyramid scheme companies in US history. If you want to read about similar companies, you can also take a look at 5 Famous Pyramid Scheme Companies in US History. Pyramid schemes,…[Continue Reading...]
If you're unfamiliar with these schemes and how they operate, it's easy to get sucked into poor personal finance decisions. After all, the people that run them know exactly what to say. To know what to look out for, here…[Continue Reading...]
"It ruined my life," Shona Gates says of the business that sucked her in then emptied her savings account, ruined her friendships and left her in therapy.The Australian mum was 23 when she stumbled into a multi-level marketing (MLM) business…[Continue Reading...]
It was an alluring offer for homeowners facing foreclosure — in exchange for a fee, they would be able to keep their homes and have their mortgage payments reduced or even eliminated altogether. But the pitch — which would curiously…[Continue Reading...]
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