There is plenty of criticism here of United First Financial, Ufirst Financial, UFF, Money Merge Account, MMA, or whatever Google likes… One of the arguments UFF supporters always seem to throw out is the “money back guarantee” that UFF gives. […]
What a simple, yet eloquent explanation from one of our readers on the read deal behind UFF’s Money Merge Account (MMA). UFF is a SCAM. Borrowing at 8% to cover 6% loan will make you less money. Paying down your […]
UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]
UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]
In the Usanan Health Sciences (NASDAQ:USNA) most recent 10-Q filed with the SEC, the company makes reference to restated financial statements:
MLM Scheme, Mannatech, Pays Millions to Victims for Making False Claims of Cures and Health Benefits
News from Pyramid Scheme Alert: Mannatech, a long time MLM company, member of the Direct Selling Association and publicly traded on the New York Stock Exchange, has agreed to pay millions of dollars to consumers who were deceived by its […]
Former high level Amway distributor Eric Scheibeler, author of Merchants of Deception, offers this perspective on the Amway “business” and whether it can really be considered a good opportunity: Amway Global: Fact, Fiction or Business Opportunity Fraud? Perhaps you have […]
If you were going to join a multi-level marketing company like Usana Health Sciences (NASDAQ:USNA), what would your goal be? Would you aspire to be one of their million dollar earners? That sounds awfully prestigious, doesn’t it? Well check out […]
In the world of Mary Kay Cosmetics, recruiting new victims into the multi-level marketing (MLM) system and frontloading them with large inventory packages is critical to the survival of the company. The company and the upper levels of the pyramid […]
Top 10 Red Flags for Fraud at Pre-Paid Legal Services, Inc. (NYSE:PPD) 1. Pre-Paid Legal press releases and earnings calls consistently tout the “record” numbers that the company has achieved. This leaves the impression that the business is increasing in […]