Index Of Scams
Here is an index of opportunities that are in my opinion scams.
Amway Sued For Wage Theft
Amway Engages IBOs to Recruit Other IBOs and to Promote its Business and Products. With the recent changes to California labor laws, Amway has now been sued for wage theft.
Success By Health Is A Pyramid Scheme
According to the FTC, SBH tells consumers they can replace their job income in six months and gain “financial freedom” in 18 months by selling its coffee, tea, and dietary supplements and recruiting other people to do the same. In reality, the FTC says, the vast majority of SBH Affiliates pay SBH more than they earn.
Quick And Easy Work-At-Home Business Are Scams
Starting a work-at-home business can give you the flexibility to set your own hours and be your own boss. But when you search online or get ads by email, you’ll often find scammers instead of a real opportunity.
Playing with Matches – The Nerium/Neora Story
This is not only a window into what is happening at Neora, this is a view of what’s happening through the market in MLM companies.
Young Living Sued Again For Operating A Pyramid Scheme
Young Living purports to sell essential oils when, in reality, it sells a convincing lie—the irresistible promise of financial success and “generous, industry leading compensation” by joining its unlawful pyramid scheme.
BitClub Network Was A Worldwide Fraudulent Scam
BitClub Network ("BCN") was a worldwide fraudulent scheme that solicited money from investors in exchange for shares of pooled investments in cryptocurrency mining and that rewarded existing investors for recruiting new investors.
Mark Scott Convicted For His Involvement With Money Laundering For The OneCoin Scam
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and Cyrus R. Vance Jr., the District Attorney for New York County, announced the conviction of MARK S. SCOTT, following a three-week trial before the Honorable Edgardo Ramos.
Neora And Jeff Olson Sue The FTC
Now that the FTC is taking action against Neora and Jeff Olson. Jeff Olson has decided to sue the FTC. This should be interesting.
Neora Sued For Being An Illegal Pyramid Scheme
The Federal Trade Commission has sued the multi-level marketer Neora, LLC, formerly known as Nerium International, LLC, and its Chief Executive Officer, Jeffrey Olson, alleging that the company operates as an illegal pyramid scheme and falsely promises recruits they will achieve financial independence if they join the scheme.
The Explosion Of Risk In MLM
Here is my analysis of the predatory practices of Direct Selling companies. We should take much more care in regulating this industry as it functions very different from all other businesses. It turns customers into sellers and commits them to purchasing contracts on a quarterly or monthly basis. This creates the pyramid structure that massively reorganizes wealth.
AdvoCare Pays $150 Million For Operating An Illegal Pyramid Scheme
Multi-level marketer AdvoCare International, L.P. and its former chief executive officer agreed to pay $150 million and be banned from the multi-level marketing business to resolve Federal Trade Commission charges that the company operated an illegal pyramid scheme.
Herbalife to Pay $20 Million For MLM Deception
The Securities and Exchange Commission has announced that Herbalife Nutrition Ltd.—a direct selling company with operations in over 90 countries— has agreed to pay $20 million to settle charges that it made false and misleading statements about its China business model in numerous U.S. regulatory filings over a six-year period.
$2.2 Million Returned To Vemma Affiliates Who Lost Money
The FTC will be mailing refund checks totaling more than $2.2 million to people who lost money to an alleged pyramid scheme operated by Vemma Nutrition Company.
Social Security Administration Scam
Recently, there has been a number of scams where individuals posing as Social Security employees call and ask for personal information like your name, Social Security number and bank account information.
Brian Rose – London Real Business Accelerator Opinion
I have been hearing from some very disappointed people that have attended the Brian Rose - London Real Business Accelerator. I would like to share those opinions with you.
