Yesterday the stock of Herbalife (NYSE:HLF) dropped 20 percent when David Einhorn of Greenlight Capital began asking questions during the company’s earnings call. Herbalife is a multi-level marketing company which sells vitamins. The company describes itself: We pursue our mission […]
Recently, multi-level marketing company BurnLounge lost the case the FTC brought against it for allegedly being an illegal pyramid scheme. Multi-level marketing supporters would have you believe that BurnLounge is different from all the other “legitimate” MLMs. But that’s not […]
Through the years, multi-level marketing companies and MLM distributors have played a clever game of changing the wording to hide the truth. MLM activities have been referred to as direct sales, dual marketing, network marketing, multilevel marketing, consumer direct marketing, […]
Last week the Salt Lake Tribune published a fantastic article about the reality in multi-level marketing, entitled Utah Juice Companies Offer Few Prospects. MLMs like Mary Kay, Amway, MonaVie, and Herbalife have been claiming that the great recession has increased […]
I’ve written previously about Fortune Hi Tech Marketing (FHTM), a multi-level marketing company that is all about recruiting more people into your pyramid, rather than actually selling products. Fortune Hi-Tech Marketing has previously been the target of legal action by […]
Robert FitzPatrick, an internationally recognized authority on multi-level marketing and pyramid schemes and a court certified expert witness on MLMs and pyramids, details the lies told in MLM in this article, A Disguised Pyramid Scheme: The Non-Retail “Direct Selling” Company: […]
The Salt Lake Tribune By Steven Oberbeck Nicole Lopez’s desire to earn additional money for her family so she could be a stay-at-home mom led her to give multilevel marketing a try. Yet like so many Utahns who get involved […]
I thought it was a hoax. Surely this couldn’t be true? An actual college, offering a curriculum in “network marketing”???? You know – – network marketing – – as in multi-level marketing, as in legalized pyramid schemes. Yes, folks, it’s […]
Fox News in Los Angeles did an exposé on multi-level marketing company Fortune Hi Tech Marketing. This video exposes the truth behind the company: operating like a pyramid scheme, dismal failure rates, false earnings representations, few making any money, broken […]
In Chapter 7 of Dr. Jon Taylor’s book, The Case (For and) Against Multi-Level Marketing, he details the failure rates of participants in multi-lievel marketing companies. In order to analyze the true failure rates and to calculate actual profits or […]
