When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...
CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...
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, ...
"Master resell rights" is a trending hashtag and business idea. But what is it? (Grace Tatter/WBUR) There is a relatively new marketing trend appearing on TikTok and other social media platforms ...
LaShonda Moore and Marlon Moore of Frisco, Texas, were convicted in federal court of running an illegal pyramid scheme that ...
Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.
Last month, the Federal Trade Commission shut down Vemma, seizing its assets and stopping its operations. Vemma's owners insist that the company is a legitimate multi-level marketing firm, but FTC ...