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...]
Tasked with convincing the Second Circuit Court of Appeals that the 14 charges her client had been convicted of should be overturned, public defender Allegra Glashausser needed to pull one heck of a legal rabbit out of her hat during…[Continue Reading...]
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...]
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...]
You know the feeling: You’re researching cults for an upcoming film project, and you stop to think, “Hmm, this sounds a lot like the intense clique I’m involved in.” That’s exactly how Michelle Pfeiffer came to the realization that she…[Continue Reading...]
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