FTC Sends Warning Letters to Multi-Level Marketers Regarding COVID Health and Earnings Claims The Federal Trade Commission today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making about their products’ ability to treat
Don’t Fall Victim to MLM Scams
In other categories we recommend Trusted Companies but for MLM, none passed our 5-step verification process, nor with few exceptions do we recommend the Multi-Level-Marketing business model.
If you are already working within an MLM program, the following trusted companies offer services used by many to help grow their MLM downline.
Multi Level Marketing Scam Reports
The following Scam Reports are filed in the MLM category.
FTC Sues Multi-Level Marketer Neora, formerly known as Nerium, Alleging it Operates as an Illegal Pyramid Scheme – The FTC also says Nerium falsely promotes brain health supplements as helping treat Alzheimer’s disease and Parkinson’s disease – and proposes banning them from making “baseless claims” in future.
Are you thinking about joining a multi-level marketing business to earn extra money? Before investing your hard-earned cash, make sure you’re not dealing with a pyramid scheme – a scam that can cost you dearly.
Not all multilevel marketing plans are legitimate. If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it could be a pyramid scheme.
Multi-level marketing is a diverse and varied industry, employing many different structures and methods of selling. Although there may be significant differences in how multi-level marketers sell their products or services, core consumer protection principles are applicable
Before you shell out a wad of cash and start making pitches to your friends, you should know just what you’re getting yourself into – is it an illegal pyramid scheme or an MLM?
Victims invested billions of dollars worldwide in the fraudulent cryptocurrency. Following his arrest, IGNATOV appeared in Magistrate Court in the Central District of California, and was detained on the charge contained in the Complaint.