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  2. Multi-level marketing - Wikipedia

    en.wikipedia.org/wiki/Multi-level_marketing

    Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...

  3. 5 Controversial MLM Schemes To Stay Away From - AOL

    www.aol.com/finance/8-controversial-mlm-schemes...

    Anderson said that a major sign that a new “business opportunity” is actually a scam is if it focuses on recruiting new members — even at the expense of selling actual products.

  4. List of multi-level marketing companies - Wikipedia

    en.wikipedia.org/wiki/List_of_multi-level...

    Beautycounter (dissolved in 2024); Betterware (placed into administration in 2018) [23]; Black Oxygen Organics (shut down in November 2021) [24]; BurnLounge (shut down as pyramid scheme by FTC in 2012)

  5. Herbalife, Amway and Mary Kay: How multi-level marketing ...

    www.aol.com/herbalife-amway-mary-kay-multi...

    When the FTC investigated Amway in 1979 as an alleged pyramid scheme, with “the capacity to deceive” recruits by dangling the carrot of financial freedom, Amway promised to overhaul their ...

  6. 8 Controversial MLM Schemes To Stay Away From - AOL

    www.aol.com/news/8-controversial-mlm-schemes...

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  7. List of Ponzi schemes - Wikipedia

    en.wikipedia.org/wiki/List_of_Ponzi_schemes

    In April 2018, Deepak Jangra and Deepak Malhotra were investigated and arrested by Delhi Cyber Crime for operating a series of bitcoin-based MLM schemes since 2016. [ 163 ] In September 2018, Claud R. "Rick" Koerber of Utah was found guilty of operating a Ponzi scheme promoting a property investment business that took almost $100 million from ...

  8. Holiday Magic - Wikipedia

    en.wikipedia.org/wiki/Holiday_Magic

    The company was termed as part of the "big three" scams, in a 1974 United States Senate hearing before the Consumers of the Committee on Commerce that dealt with pyramid sales. [ 11 ] 1974 hearings before the Congressional Oversight panel of the Federal Trade Commission described Holiday Magic as a "Multi-level marketer of cosmetics", that used ...

  9. Robert L. FitzPatrick - Wikipedia

    en.wikipedia.org/wiki/Robert_L._FitzPatrick

    FitzPatrick is the co-author of the self-published book False Profits: Seeking Financial and Spiritual Deliverance in Multi-Level Marketing and Pyramid Schemes (ISBN 0-964879-514), [5] a 1997 critical book that examines the multi-level marketing industry.

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