Mary Kay isn’t the only pyramid scheme out there that targets stay-at-home wives and mothers looking for quick cash, an emotional support system, and — perhaps most of all — empowerment. Within the ...

If you’ve ever gotten a message from one of those former friends from high school offering you a “once in a lifetime business opportunity,” odds are you’ve been exposed to a multi-level marketing (MLM ...

In this article, we will discuss the 9 famous pyramid scheme companies in US history. If you want to read about similar companies, you can also take a look at 5 Famous Pyramid Scheme Companies in US ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

It can be difficult to tell the difference between a legitimate multilevel marketing plan (MLM) and an illegal pyramid scheme - even for the agencies that investigate them. If you are considering ...

Most multilevel marketers have rebuttals at the ready when potential recruits accuse them of peddling a pyramid scheme. One of the canned comebacks for Donald Trump’s late-aughts MLM—because, of ...

Critics of multilevel marketing businesses like Amway and Herbalife make bold claims. Bill Ackman, an institutional investment manager who tried to take down Herbalife, once said of the company, which ...

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

TikTok is known for being ahead of pop culture, and recent updates to its terms of use might also be putting it ahead of legislation. The app made waves on Tuesday ...

Founded in 2001, Fortune Hi-Tech Marketing was a Lexington, Kentucky-based company that used a multi-level marketing approach to sell consumer goods and services. However, in 2013 the Federal Trade ...