Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.
If you’ve ever gotten a message from one of those former friends from high school offering you a “once in a lifetime business opportunity,” odds are you’ve been exposed to a multi-level marketing (MLM ...
Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...
Some job opportunities sound great, but in reality, they aren’t as good as they look. This man was offered a job for an MLM company. He declined the offer and thought he was done with them. But come ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Bridget Read shares an investigation into ...
“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...
ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. The Securities and Exchange Commission has accused an Orlando ...
Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...