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...]
Dr. Jesse Veenstra ('08), a finance professor, grew up in the orbit of multi-level marketing (MLM) companies like Tupperware and Herbalife. “I remember family friends asking my parents to participate in different multi-level marketing organizations,” he says. “I’ve been recruited…[Continue Reading...]
On U.S. social media, false and harmful posts from connections shilling the dubious products of multi-level marketing (MLM) companies have become inescapable. Why it matters: Trust in media is descending to unprecedented depths — and social media increasingly is media.…[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...]
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...]
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...]
I recently asked the BuzzFeed Community to share their experiences with MLMs, aka multilevel marketing companies...and let me just say, I feel so sad for anyone who's been tricked into joining one. MLMs are essentially the legal version of a…[Continue Reading...]
Multi-level marketing companies sometimes face allegations of operating as pyramid schemes, in part because of how they’re structured. In both illegal pyramid schemes and legal multi-level marketing companies, sales representatives sell products or services while recruiting people to join them.…[Continue Reading...]
Young New Zealanders worried about the cost of living are being drawn into multilevel marketing schemes, but there’s a warning that they can be costly, both financially and socially. Multi-level marketing is where a person earns money by promoting and…[Continue Reading...]
Many multi-level marketing (MLM) companies and similar entities are running nationwide in breach of regulations, thus endangering investors and undermining the country's economic management, according to an official finding. Without valid licences, these companies employ false promises of substantial earnings…[Continue Reading...]
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