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 sales, network marketing, affiliate marketing, consumer-direct marketing, or home based business.
MLM is not a business. You’re not an entrepreneur. You’re not a boss babe. You’re a participant in a pyramid scheme. The products are overpriced. And the whole point of the company like Mary Kay Cosmetics, Amway, Herbalife, Beachbody, Melaleuca, Monat, Primerica, etc. is RECRUITING new people into the scam. Very little money is made by selling products. The goals is to recruit new people and sell them inventory packages that ensure big commissions for the people at the top of the pyramid.
You’ve heard this from me before. I’ve been researching MLMs for more than 20 years. Enjoy the episode!