{"id":1118,"date":"2007-12-03T08:19:38","date_gmt":"2007-12-03T13:19:38","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/12\/03\/amway-says-ftc-is-soft-on-mlms\/"},"modified":"2007-12-03T08:23:07","modified_gmt":"2007-12-03T13:23:07","slug":"amway-says-ftc-is-soft-on-mlms","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/amway-says-ftc-is-soft-on-mlms\/","title":{"rendered":"Amway says FTC is soft on MLMs?"},"content":{"rendered":"<p>This one comes from Zac Bissonnette over at BloggingStocks.com. He said it a little more  politely than I might have. But it&#8217;s interesting that the oldest and yuckiest of all MLMs is willing to admit that the FTC is not hard enough on MLM regulation. Here&#8217;s a part of <a href=\"http:\/\/gd.bloggingstocks.com\/2007\/12\/01\/amway-admits-that-the-ftc-is-soft-on-multi-level-marketing-ethic\/\">what Zac had to say<\/a>:<\/p>\n<blockquote><p>Here&#8217;s where it gets interesting. Many people, myself included, have charged that the FTC is not doing enough to crack down on multi-level marketing companies using false and misleading recruiting tactics. based on the text of <a href=\"http:\/\/amwaynews.alticorblogs.com\/\">the memo<\/a>, Amway seems to agree:<\/p>\n<p>&#8220;The fact is, in the wake of this sobering experience, every one of us &#8212; employees, IBOs, and others &#8212; should renew our commitment to <strong>hold ourselves to the highest standards of behavior. The marketplace &#8212; and in the UK, the government &#8212; has made it clear that they expect no less.<\/strong> And when falling short of those standards exposes our company to such grave risk, there can no longer be any such thing as &#8216;business as usual.'&#8221; (emphasis added)<\/p>\n<p>In other words, the government of United Kingdom has made it clear that it will hold Amway to the highest standards of behavior &#8212; but the United States has not followed the lead.<\/p>\n<p>Perhaps Amway&#8217;s <a href=\"http:\/\/www.opensecrets.org\/527s\/527cmtedetail.asp?ein=201170395&amp;cycle=2004&amp;format=&amp;tname=Progress+for+America\">massive political contributions<\/a> have had something to do with that. it&#8217;s a shame that our elected officials are putting the interests of special interest groups ahead of those of consumers. That&#8217;s just business as usual in the land of the free, home of the brave.<\/p><\/blockquote>\n<p><a href=\"http:\/\/technorati.com\/tag\/tracy\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/coenen\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/tracy+coenen\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/tracy+l+coenen\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/tracy+coenen+book\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/tracy+coenen+cpa+mba+cfe\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/tracy+l+coenen+cpa+mba+cfe\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/sequence\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/sequence+inc\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/forensic+accounting\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/forensic+accountant\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/fraud+investigator\" rel=\"tag\"><\/a> <a href=\"http:\/\/technorati.com\/tag\/fraud+investigation\" rel=\"tag\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This one comes from Zac Bissonnette over at BloggingStocks.com. He said it a little more politely than I might have. But it&#8217;s interesting that the oldest and yuckiest of all MLMs is willing to admit that the FTC is not [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[184],"tags":[],"class_list":["post-1118","post","type-post","status-publish","format-standard","hentry","category-pyramid-schemes-mlm"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-i2","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=1118"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1118\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=1118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=1118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=1118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}