MLM Income Disclosure Statements

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A collection of annual income disclosure statements published by multi-level marketing companies, continuously updated. Last updates done 08/02/20 to add new statements for Monat, Rodan & Fields and It Works. Some MLMs release income disclosures or earnings disclosures. These numbers are not required to be disclosed in the United States, but some of the companies…

Xyngular: Starve, Binge, Purge, Repeat!

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Multi-level marketing companies are getting lots of attention lately thanks to the Bill Ackman smackdown of Herbalife in December. MLMs offering “nutrition products” are of special interest to consumers, and with good reason. Companies like Isagenix, MonaVie , Usana, Mannatech, and Shaklee all offer magic potions that claim to help you lose weight, absorb more…

Herbalife Under FTC Investigation? Or Not?

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Today the New York Post reported that Herbalife (HLF) is under investigation by the Federal Trade Commission (FTC), and that has sent the stock price down more than 10%. The newspaper bases this story on a Freedom of Information request done by the newspaper. It says, regarding consumer complaints received by the FTC: The FTC…

You ask Google, I answer you.

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Here are some recent questions my readers posed to Google, with answers from me for quick reference. Is Eddie Antar still in prison? No. What happened to Flip This House? Richard Davis and A&E had a big fight and now they don’t do the show together anymore. Wesley Snipes punishment? He hasn’t been sentenced yet.…

Primerica Financial Services a Scam?

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Over on my consumer awareness site, Pink Truth, I have put together a few articles about Primerica Financial Services. Like Mary Kay, Usana, and Mannatech, Primerica is a multi-level marketing company (MLM). The big difference, however, is that these other companies have a tangible product for sale, and many of the abuses come from loading…

Mannatach Under Scrutiny for Health-Related Claims

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The Wall Street Journal ran a story this morning about another product-based pyramid scheme, Mannatech. The company is a typical multi-level marketing company (MLM). They have a product (generally overpriced and of marginal quality), but the “real” business is in recruiting new distributors. Mannatech is currently facing scrutiny for health claims made by distributors. According…

Another MLM Under Investigation

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The Texas Attorney General recently announced that it is investigating Mannatech, another multi-level marketing company scam That offers “nutritional supplements.” The company’s main products, Abrotose (formerly known as glyconutritional) is a sugar pill that the company’s representatives claim cure all sorts of illnesses, including cancer. (Someone even claimed it cured Down’s Syndrome!?!?!?!?)