Multilevel marketing (MLM) programs are a legitimate way of selling products – think Amway, Tupperware and Mary Kay. They become illegal pyramid schemes when the emphasis is on recruiting new ...
A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...
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 ...
FTC enforcement actions against MLM pyramid schemes can be viewed in eras, with recent years among the most active. The FTC’s first-ever Advance Notice of Proposed Rulemaking (ANPR) regarding ...
The websites advertise you can "be your own boss" and "work from anywhere" because it's the "perfect side hustle…to build a rock-solid residual income." Multi-level marketing is a billion-dollar ...
It can be difficult to tell the difference between a legitimate multilevel marketing plan (MLM) and an illegal pyramid scheme - even for the agencies that investigate them. If you are considering ...
The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...
WASHINGTON — State and federal regulators continue to warn investors about new investment scams, especially during a time like this when people are desperately looking for better returns in a ...
Mackenzie McKee isn’t a fan of MLM’s and she let her followers know it Pic credit: MTV Mackenzie McKee of Teen Mom OG took to social media to voice her dislike of multilevel marketing schemes and ...