• Almost Everyone Loses Money in MLM

    Don’t let your Facebook friends fool you: They’re not making money in the multi-level marketing company they keep pitching to you. And you won’t either. Multi-level marketing is not a business. More than 99% of participants in multi-level marketing (MLM) […]

  • Are There Good MLMs?

    Defenders of multi-level marketing (MLM) will tell you that some companies “do it” right, while some companies “do it” wrong. The fact that a multi-level marketing company like Mary Kay Cosmetics has been around for more than 55 years does […]

  • Teen Mom Lawsuit: Anti-SLAPP Motions and Legal Fees

    Last week, my friend and colleague Marc Randazza scored a big win for Briana DeJesus in the lawsuit filed against her by Kailyn Lowry. The case against Briana was dismissed after successfully arguing an anti-SLAPP motion. I have my own […]

  • You Will Not Get Your Money Back From Zelle

    Zelle is a popular money transfer app, in large part because it doesn’t charge fees to move money. But fraud is happening there, and banks aren’t giving the money back to defrauded consumers. If you send money to the wrong […]

  • Dave Ramsey Still Sucks

    Eight years ago, I wrote a piece about how financial guru Dave Ramsey sucks because he supports multi-level marketing. I was hoping that since then, things may have changed. They haven’t. Dave has even gone further with his support and […]

  • MLM Income Disclosure Statements Updated Again

    For years I’ve been collecting income disclosure statements issued by multi-level marketing (MLM) companies. These are the proof that you have almost no chance of making money in MLM, no matter what the company or product. Across the board, you […]

  • The Largest Consumer Fraud: MLM (on the Investigation Game Podcast)

    Last week I joined Leah Wietholter of Workman Forensics in Tulsa, OK on her podcast The Investigation Game. We talked about one of the largest consumer frauds: multi-level marketing (MLM). You may know MLM by other names such as: direct […]

  • Don’t Get Swindled by Your Financial Advisor

    Yesterday I read a horrifying local story about Edward Matthes, a former financial advisor for Mutual of Omaha who stole at least $2.6 million from his clients. According to the Information in the federal case, Matthes carried on his fraud […]

  • Real Housewives Star Teddi Mellencamp Accused of Fraud With Diet Program

    Teddi Mellencamp Arroyave, one of the stars of reality series Real Housewives of Beverly Hills (RHOBH) has just been accused of running a scam with her diet and fitness program called All In By Teddi. The All in by Teddi […]

  • Primerica Reviews on Glassdoor

    People researching multi-level marketing (MLM) company Primerica seem to end up on this blog. I wrote previously about the fake job interview that is really a recruiting session for Primerica, some of the scammy aspects of Primerica, and one former […]