• WorldVentures Pyramid Scheme Lawsuit

    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 […]

  • 5 Points of Similarity Between Medifast and YTB (YourTravelBiz.com)

    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 […]

  • Failure Rates in YTB and Other MLMs

    Noted MLM expert Robert FitzPatrick did a recent blog post on the YourTravelBiz.com lawsuit filed by the California Attorney General. He has a nice analysis of how and why YTB is nothing more than a pyramid. These multi-level marketing companies […]

  • Red Flags of Fraud at Pre-Paid Legal

    Top Ten Red Flags for Fraud at Pre-Paid Legal Services Inc. (NYSE:PPD). The company is clearly on a decline, with recruitment numbers suffering and overall memberships. Here are some of the more interesting points in the report:

  • YTB Called “Gigantic Pyramid Scheme” By California Attorney General (and Sued, Too)

    Yesterday on WalletPop, I wrote about how California’s Attorney General announced a lawsuit against YourTravelBiz.com (YTB) and called it a “gigantic pyramid scheme.” The evidence that it is a pyramid scheme is based upon the fact that the company theoretically […]