Brandon Nguyen, a second-year managerial economics major at UC Davis, had just begun a new job in Davis when a coworker approached him about an opportunity. Connecting over their shared interest in business, she told him about a “business club”…[Continue Reading...]
DENVER (KDVR) — The U.S. Attorney’s Office for the District of Colorado is suing a group of “unidentified persons” accused of trying to fence portions of U.S. Forest Service land in Montezuma County beginning in October. The group calls itself…[Continue Reading...]
Shona Gates considered herself a savvy businesswoman, having built a successful spray tanning business in her hometown. But three years after joining a multi-level marketing (MLM) scheme, her life was in ruins. "My marriage was almost destroyed, my body was…[Continue Reading...]
Justice Mridula Bhatkar pointed out that the company motto "sell more, earn more" was misleading and ultimately deceived them into forming a pyramid structure, wherein members were taught and trained upon to fool others in return for making money. In…[Continue Reading...]
Multilevel marketing (MLM) has been around since the advent of Nutralite in 1945. And it has flourished in the shadows, enriching some while bankrupting others. (This aspect is highlighted in the Amazon Prime docuseries "LuLaRich" about the MLM company LuLaRoe.) Despite its…[Continue Reading...]
PHOENIX — A Peoria man and his affiliated companies have been ordered to pay over $4 million in restitution for allegedly selling unregistered investment contracts to about 400 investors. The Arizona Corporation Commission issued the financial penalty against Jad Morris…[Continue Reading...]
Holiday Magic was a company started by William Penn Patrick, who bought into a small makeup brand, dubbed his line Holiday Magic, and began recruiting folks to sell lipstick, blush, powders and creams supposedly made from organic ingredients. For an…[Continue Reading...]
In case you didn't know, a multilevel marketing company (aka an MLM) is a company that emphasizes both direct sales and recruiting other people to join the company and work under you so you can also receive a percentage of…[Continue Reading...]
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