CHENNAI: A special court in Chennai dismissed the bail plea of Sakthi Anandan, the managing director of My V3, an online Multi-Level Marketing Busines The special court prosecuting the accused under the Tamil Nadu Protection of Interest of Depositors (TNPID)…[Continue Reading...]
Lately when scrolling Instagram, I’ve seen reels promising a hassle-free way to make money. Influencers are telling their followers that they’re making thousands after taking a simple course. And if you just “comment COURSE below” they’ll link you to the…[Continue Reading...]
After turning down her TV comeback that would have been on Love Island: All Stars Season 1 because of her ex Tom Clare, fans were wondering what Samie Eilish was going to do next. Tons of former islanders have gone…[Continue Reading...]
MLM companies often claim to offer people the chance to earn money, work on their schedule, and find unlimited potential. But hidden behind these appealing promises are many instances of people being taken advantage of, misled, and encountered unethical behaviours.…[Continue Reading...]
Back in February I reported on trouble at Zrii -- the Deepak Chopra-endorsed multi-level marketing concern that peddles a "miracle juice" through a network of independent distributors. The company had terminated seven of its top distributors after a failed boardroom…[Continue Reading...]
When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks selling middle-class suburban housewives “bullet vibrators…[Continue Reading...]
Multilevel marketing giant Amway reported a 5% decline in earnings year over year, which the company attributed to a strong U.S. dollar and the ongoing fallout of pulling out of Russia. The Ada, Mich.-based company sent out an earnings press…[Continue Reading...]
Most multilevel marketers have rebuttals at the ready when potential recruits accuse them of peddling a pyramid scheme. One of the canned comebacks for Donald Trump’s late-aughts MLM—because, of course, Trump once had his own MLM—is a doozy: “If you…[Continue Reading...]
The consumer advocacy organization truthinadvertising.org (TINA.org) has published the results of a yearlong investigation into the multilevel marketing (MLM) industry that found widespread use of deceptive income claims to promote their business opportunities. Of the 100 companies examined, 98 percent…[Continue Reading...]
A Facebook page, ‘Elite Society’ is on the radar of the Consumer Council of Fiji and the Police as it is suspected to be a pyramid scheme that is allegedly recruiting agents for a possible scheme. While responding to questions…[Continue Reading...]
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