Multilevel marketing (MLM) programs are a legitimate way of selling products – think Amway, Tupperware and Mary Kay. They become illegal pyramid schemes when the emphasis is on recruiting new ...

The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...

An MLM aka "Multilevel Marketing" is — more often than not — a scam. It's essentially the legal version of a pyramid scheme. MLMs promise financial independence and freedom from the 9–5. These ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

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 ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...