Tag Archive

I Got Scammed by an Online MLM Opportunity

Published on August 13, 2011 By Trinity

It’s not unusual if you are reading Internet forums or discussion boards where business opportunities are discussed, to find members posting quite often that they got scammed by an online MLM opportunity. If you combine it with the bad reputation that the network marketing industry already has it is a wonder why still people are joining multilevel marketing businesses.

But are all online MLM companies scams? And is the best solution to try to avoid getting into one of them no matter what?

Tennessee Bill Aims to Curb MLM-Based Pyramid Schemes

Published on August 12, 2011 By Trinity

Tennessee Bill Aims to Curb

MLM-Based Pyramid Scams

Stephen Barrett, M.D.

 Bills intended to protect consumers against pyramid-based multilevel marketing scams have been introduced in the Tennessee General Assembly. The Tennessee Multilevel and Pyramid Distributorship Act (shown below) would:

  • Create the criminal offense of “knowingly contriving, preparing, setting up, proposing or operating an endless chain or pyramid scheme.”
  • Require that when income is represented, prospective distributors must receive a statement that discloses the average income achieved by distributors, the percentage of the total distributors that achieve each rank in the multilevel distribution company, and the percentage of distributors that fail to renew the business after the first year.

Does Multi-Level Marketing Equal Scam?

Published on August 11, 2011 By Trinity

DOES MLM = SCAM?

by: Cary Christian

When you think of Multi Level Marketing (“MLM”) do you automatically think of scams? It’s hard not to since most scam businesses on the Internet use an MLM structure. The MLM structure provides the greatest benefit possible to the promoters and the people they bring in on the very top levels, which is why it is chosen so frequently by those out to make a quick killing.

In my opinion almost all MLM programs offer much more than they can ever deliver, and I’ve never found one I like. And believe me when I tell you I have searched high and low to find a decent MLM program.