This week an article in the Wall Street Journal explored whether there might be some changes coming for Sarbanes Oxley. With President Trump talking about rolling back regulations, business groups that want Sarbanes Oxley softened may get their way. Sarbanes […]
No group of people, no matter how poor, are immune to the predatory practices of multi-level marketing (MLM) companies. These companies are nothing but glorified pyramid schemes, causing financial losses for more than 99% who get involved. A Chinese MLM […]
This week we heard news of $20 million (hidden in a box spring) being seized by the federal agents in its ongoing investigation of TelexFree, a multi-level marketing company that the government says was a massive Ponzi scheme. You can […]
Thirty-One Gifts sells handbags, totes, accessories, and jewelry via “stylists.” Thirty One Gifts Income Disclosure Statement 2011 Thirty One Gifts Income Disclosure Statement 2013 Thirty One Gifts Income Disclosure Statement 2014 Thirty One Gifts Income Disclosure Statement 2015 Thirty One […]
Young Living sells essential oils through a network of distributors. The company was warned by the FDA in 2014 that its representatives were making medical claims that were prohibited by law. Here’s an analysis of the Young Living figures. Young […]
doTERRA sells essential oils through “wellness advocates.” The company was warned by the FDA in 2014 that its representatives were making medical claims that were prohibited by law. Here is an analysis of the DoTERRA figures. DoTerra Opportunity and Earnings […]
Xyngular peddles weight loss supplements, drinks, and pills. Independent distributors frequently tout the medicinal qualities of the products (despite being prohibited by law from making medical claims), alleging that the supplements cure fybromyalgia, diabetes, chronic fatigue syndrome, migraines, joint pain, […]
LuLaRoe leggings have become popular, and therefore the multi-level marketing (MLM) “business” of LuLaRoe has taken off. I’ve said over and over that multi-level marketing is not a business because more than 99% of participants lose money. But I wanted […]
LuLaRoe is known for their patterned leggings, but the company sells a variety of casual clothing for women and children. In 2017, the company faced significant legal troubles including lots of unhappy consultants and multiple lawsuits alleging the company was […]
Robert FitzPatrick, one of the foremost experts on multi-level marketing, published a piece entitled “What John Oliver Didn’t Have Time To Say In His Hilarious Exposé Of Herbalife And MLM” on Seeking Alpha. (register for free to read the whole […]
