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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)
This page was last edited on 21 October 2021, at 10:57 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 ...
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In 1996, Equinox was listed #1 on Inc Magazine's list of the 500 fastest-growing private companies in the United States. The company and its founder came under scrutiny for its business practices; starting in 1997, investors, the FTC , and several states brought suit [ 2 ] charging Equinox was an illegal pyramid scheme rather than a legitimate ...
International Heritage Inc. (IHI) was an American pyramid scheme and MLM company. The company was founded in 1995 by Stanley H. Van Etten, Larry G. Smith and Claude William Savage, and started with marketing and sales of luxury items such as jewelry and golf equipment. In reality, the products were almost exclusively traded by the company's own ...
5Linx was on the Inc. 500 list of fastest growing companies from 2006 until 2009. The company remained on the Inc. 5000 list as of 2014. [7] In 2009 5Linx was ranked on the Rochester Top 100 list as the 2nd fastest growing company in the region. [8] The company also made the list the following three years. [9] [10] [11]
This page was last edited on 6 December 2021, at 15:58 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.