Everybody has a friend (or is the friend) who spent a summer in college selling knives, and it probably wasn’t a profitable use of daylight. Despite their shady reputations, multi-level marketing companies like Cutco and Amway have drawn millions of…[Continue Reading...]
Imagine scrolling on Instagram and you see yet another one of your high school classmates posting that they have become a partner with some random brand. You do a little digging and realize that they might have found themselves involved…[Continue Reading...]
Hey girl! Loved your recent post. Have you ever wanted to blast away wrinkles, fight off disease, and become your own boss? Join me in looking and feeling even better. Over 50 percent of Americans report being “inundated” online with…[Continue Reading...]
Between rising interest rates, a shaky stock market and the threat of a trade war with the US, it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more…[Continue Reading...]
Herbalife is a pyramid scheme. New deadlines have been set in a class action lawsuit accusing Herbalife International of America Inc. of operating a pyramid scheme, indicating that settlement negotiations may occur within the next year. U.S. District Judge Beverly…[Continue Reading...]
Desperate to break the humdrum of her life and begin achieving her dreams, a young Jennifer chased riches for years before realizing what she was truly after couldn't be bought. In 1994, Jennifer Rust moved to a small town in…[Continue Reading...]
Two years ago, when flipping her graduation cap at her convocation ceremony, Ayesha Ali was self-confident that getting a degree from one of the most reputed business schools would land her a good job. Her dreams and expectations were shattered…[Continue Reading...]
Between rising interest rates, a shaky stock market and the threat of a trade war with the U.S., it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more…[Continue Reading...]
The government is taking steps to regulate multilevel marketing (MLM) to protect consumers from deceptive business practices, especially the growing issue of pyramid schemes disguised as MLM, according to the Minister of Trade and Industry, Prudence Sebahizi. Regulation of multilevel…[Continue Reading...]
Bangladesh Bank has cautioned the public against multi-level marketing (MLM) schemes, highlighting their hallmarks—unrealistically high profits and referral-based commissions—as traits of pyramid or Ponzi schemes that often lead to significant financial losses for investors. The central bank issued the warning…[Continue Reading...]
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