It is common for multi-level marketing companies to publicize that “direct selling” (the code name for multi-level marketing or legalized pyramid schemes) picks up during a recession. The whole industry is portrayed a massive opportunity for consumers to make money Read more…
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 Read more…
On September 27, 2006 Robert L. FitzPatrick delivered a one-hour presentation at the 7th Annual Fraud Conference of the Association of Certified Fraud Specialists in San Francisco. ACFS is a professional organization of attorneys, private investigators, forensic accountants, corporate loss Read more…
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I'm surprised any MLM stays in business! So many of them have already gone under or changed their business model.…
When you run the numbers on endless-chain recruiting schemes (as used in MLMs like Mary Kay), you will find that…
Nice catch! I had not noticed the evasion and assumption. === starting with “What if I told you..?”. It’s both…
Another beautifully written piece, Suz. You captured it all perfectly, as usual. The paragraph that starts "In a perfect MK…
But everyone can promote themselves whenever they want. Right?