Things aren’t always as they seem. I’m often suspicious. It’s a hazard of being a fraud investigator. But sometimes we’re not even suspicious of the right things. Take the situation involving the homeless man (Johnny Bobbit Jr.) who allegedly gave […]
Last week the FBI posted an article on its site, A Pyramid of Lies, that told the story of the Gentry Ponzi scheme in rural Tennessee. Ponzi schemes are pretty easy to spot if you know the red flags. Even […]
Multi-level marketing companies (MLMs) are nothing but pyramid schemes. Oh sure, there are websites that go to great pains to discuss the difference between MLMs and pyramid schemes. But when you boil it down, MLMs are indeed pyramid schemes, and […]
When Herbalife settled the case brought against it by the FTC, it appeared the company may change how it was doing business. It was said that the company was going to start making truthful claims about earnings. But the most […]
Sometimes it is fun to get away from the topics of fraud and divorce. I thought these were some great resources on some of the highest paying jobs to help you figure out where you might get the greatest return […]
In October, a billion dollar class action lawsuit was filed against Jeunesse, alleging that the multi-level marketing company (MLM) is actually a pyramid scheme. Truth in Advertising summarizes the lawsuit: The lawsuit, which was filed Oct. 12 in California federal district […]
Now is the time when everyone scrambles to get their tax situation in order. There are some tax moves you should make BEFORE the end of the year, so act now. I was interviewed in 2008 on CNBC about year-end […]
Back in May, a class action lawsuit was filed against multi-level marketing company WorldVentures. This is the travel MLM that encourages distributors to share photos of themselves holding signs saying “You Should Be Here.” It is marketed as a direct […]
In May 2017, Market America was hit with a class action lawsuit in federal court in California by plaintiffs Chuanjie Yang and Ollie Lan. The lawsuit calls MarketAmerica a pyramid scheme that is taking advantage of Chinese American immigrants. MarketAmerica […]
Nothing ever changes in multi-level marketing. Even when it looks like the government is taking action against a company like Herbalife, other MLMs continue with business as usual. Almost everyone loses money in MLM. Which means almost no one makes […]
