The Business of MLM (or What Gives Freddy Krueger Nightmares)
Earlier this week, I reviewed Millionaire Fast Lane by MJ DeMarco calling it one of the best personal finance books I've read (even though most of it trashes traditional personal finance for...
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Is ProvisionRX a Scammy Pyramid Scheme?
A couple of weeks ago, I got an email from a reader. (In keeping with the tradition of using Buffy the Vampire Slayer character names we'll call him Xander). Xander found my website because I have...
View ArticleMore MLM Scams, Freecycle Wins, Best Baby Strollers, and Personal Finance Links
It's been a busy last few days around here. The lack of posts probably doesn't really tell the story. Here are a few things that I'm working on: MLM awareness - When I was wrote about MonaVie being a...
View ArticleYoungevity Scam?
It is a seemingly never-ending battle to help prevent consumers from being scammed by MLM schemes. Today we look examine another one of them: Youngevity. I had a reader ask me about Youngevity the...
View ArticlePyramid Scheme Questions Cause Herbalife to Lose 3 Billion Dollars
Last week when I wrote about Youngevity being the MLM Scam of the Week, I was mostly joking. I don't really expect to have a noteworthy MLM article every week. However, I couldn't resist this week. A...
View ArticleMonaVie Turns to Thought Control to Prevent Mass Exodus
I hope everyone had a good Fourth of July yesterday. It seems like the Wednesday holiday has put the whole week in slow motion. With that idea in mind, I figure it's a good time to take short break...
View ArticleLazy Man’s Scam Scale
When I was writing about why you shouldn’t trust the Better Business Bureau (BBB), I got an interesting comment from Contrarian about something else consumers should know: city specific magazines hire...
View ArticleI Was Paid to Write This Slanted Article to Raise My Client’s Stock Price
That title is the first thing that came to mind after reading the disclosure at the bottom of an article on Seeking Alpha last week. Please allow me to rewind and tell the story from the beginning. A...
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Is ZeekRewards a Scam?
A couple of days over the last week or two, I've been covering the the penny auction scam and in particular one company's version, Zeekler. Those articles, particularly the Zeekler one, were building...
View ArticleAsea Scam?
About two years ago, when my article exposing MonaVie as a scam got popular, a commenter engaged in the conversation about this new great MLM product, ASEA. Some of people who analyzed MonaVie and...
View ArticleThis Herbalife Story is Amazing
If you are a normal person, you've probably been busy with the holidays, shopping for gifts or going to office holiday parties. If you are little weird like me, you've been fascinated by Bill Ackman...
View ArticleExposing the MLM Tool ScamWorld (With Bonus: Neucopia Scam Analysis)
I got an email recently suggesting that I expose a dark underbelly of the dark underbelly known as MLM. When it comes to MLM, it's probably more appropriate to call it an onion of evil. You pull off...
View ArticleFortune Hi-Tech Marketing Scam Halted by the FTC (and why you should care)
"In its decade of operation, FHTM has defrauded hundreds of thousands of customers out of hundreds of millions of dollars." - quote from the FTC on in its court filing (PDF) in shutting down Fortune...
View ArticleNo, Your MLM Health Product Doesn’t “Work.”
Today's article is going to be a little different. It's not centered on personal finance, but health and psychology. I will however touch on a few points related to personal finance. We'll resume with...
View ArticleIs Xocai a Scam?
This is a stub of an article to be completed at a later date. The purpose of including it is to move comments about Xocai from other MLM posts to this post for organizational purposes. Some of the...
View ArticleNow We Can’t Trust the FTC to Protect Consumers?
CNBC has a very good 20 minute investigation on the whole "Is HerbaLife a Pyramid Scheme" question. What I found most interesting is the interview with the David Vladeck who was until recently the...
View ArticleIs Rippln a Scam?
A couple of days ago, I got an email from my friend Evan who runs My Journey to Millions asking if I've heard about Rippln. I hadn't. Turns out it's super-new... as in the company seems to have been...
View ArticleHerbalife and Pyramid Schemes are Heating Up
This past week is it was so hot in New England, I felt my eyes getting melty like at the end of Raiders of the Lost Arc. I couldn't help but think that it must be like how MLMs and Herbalife has been...
View ArticleIs Vemma a Scam?
When I wrote about the MonaVie Scam more than 5 years ago, I was amazed to get over 6,500 comments. Over time, the indisputable information from dozens of researchers lead me to make the easy...
View ArticleIs FlexKom a Scam?
[Today's blog post will be a little quicker than the norm, especially for one where I analyze an MLM company. I originally had it planned to go live while I was at FinCon 2013, a conference of personal...
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