Are All Multi-Level Marketing Companies Pyramid Schemes?

Recently Robert FitzPatrick of Pyramid Scheme Alert sent out a newsletter that included a discussion of the issue of whether all multi-level marketing companies are pyramid schemes. MLMs are frequently accused of being pyramid schemes, as we see has been the case with Mary Kay Cosmetics, BurnLounge, Herbalife, Medifast, Fortune …

Can MLM Be a Crime: Canadian Police Bring Criminal Fraud Charges Against Multi-Level Marketing Company Business in Motion

By Robert FitzPatrick of Pyramid Scheme Alert Royal Canadian Mounted Police (RCMP) in the province of Manitoba in central Canada have brought criminal fraud charges against a multi-level marketing company that had been large, very visible and quite popular in Canada. The target of the fraud charges also include 12 …

FTC Staff Take Further Measures to Protect MLMs, Making Consumers Easy Prey for False “Business Opportunity” Solicitations

From Pyramid Scheme Alert newsletter, by Robert FitzPatrick The largest of all multi-level marketing companies, Amway, just agreed to pay $150 million in restitution and reform to settle consumer charges of fraud. The heart of the consumers’ complaints is that Amway uses false information to trick consumers into investing in …

News on Amway class action suit from Pyramid Scheme Alert

Robert FitzPatrick at Pyramid Scheme Alert reported in his recent newsletter on the class action suit that has been brought against Amway (Quixtar) by high-ranking distributors: The lawsuit states: * Quixtar’s (Amway and Quixtar are both part of the same company) products are so overpriced they cannot be profitably retailed. …

Press Release: Fraud Investigator and Former Mary Kay Salesperson Joins Pyramid Scheme Alert Board of Advisors

Milwaukee, WI November 22, 2006 . Pyramid Scheme Alert announces that Tracy L. Coenen, CPA, MBA, CFE has been named to the organization.s Board of Advisors. Her consumer education website, PinkTruth.com, which exposes and analyzes the business and recruiting practices of Mary Kay and the plight of Mary Kay salespeople, …