So the next time a friend or family member reaches out with an exciting opportunity to make money ― and someone undoubtedly will ― stop and consider whether it may really be a ploy to rope you into an ...
In today’s economy, lots of people are looking for a side hustle to make ends meet. A multi-level marketing (MLM) opportunity might sound appealing, offering money for not a lot of work. Glossy ...
MLMs as a whole aren't considered to be pyramid schemes, even though they're structured very similarly. This is because they involve selling actual products. However, the FTC has gone after several ...
Multilevel marketing businesses (also known as MLMs) — a method that uses everyday people to sell and distribute products and services — have existed for decades. Instead of selling directly to ...
FTC enforcement actions against MLM pyramid schemes can be viewed in eras, with recent years among the most active. The FTC’s first-ever Advance Notice of Proposed Rulemaking (ANPR) regarding ...
The smoke has long since cleared from the fields of Herbalife where William Ackman and Carl Icahn famously did battle for five years with stock purchases, research reports, threats of lawsuits, ...
That Had To Hurt: Chairwoman Ramirez' Remarks To The Direct Selling Association And The MLM Industry
When the DSA invites a speaker they should listen to what gets said. FTC Chairwoman Ramirez reminds the MLM industry that, indeed, Herbalife will have a new business model. New "guidance" for the MLM ...
This week, the Federal Trade Commission (“FTC”) proposed changes to the Business Opportunity Rule, together with the possible enactment of a new Earnings Claim Rule. Due to the increasing number of ...
Multi-level marketing, direct sales, network marketing: There are now many names to describe the industry in which as few as 1% of workers actually make money. But at their core, MLMs, as they’re ...
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