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BREAKING NEWS: WCM777 / Kingdom 777 outlawed in Lousiana, "suspends" payment...
Previously we have reported that California had outlawed WCM777, quickly followed by Colorado and New Hampshire have either outlawed WCM777, or issued "investor alerts". Actually Massachussetts was...
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MLM Absurdities: When MLM Sells Not Just Woo, but Fake Woo
Back in early 2013, Waiora settled a lawsuit for selling watered down version of their own product (as full strength) That brought back some questions... how do MLM promoters, and I mean the ethical...
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BREAKING NEWS: New Brunswick, Canada joined the parade of authorities...
Following parade of jurisdictions outlawing WCM777, New Brunswick, Canada has also issued its own investor alert regarding...
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MLM Absurdities: To a Recruiter, There Are No Customers (Just Potential...
Previously, MLM Skeptic has posed the question... Why had network marketing lost its will to retail? Ā It was more of a hypothetical question as network marketing should be all about retail, but it...
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Why Is DSA Trying to Destroy Network Marketing Through Denial? (Redemption is...
Previously, MLM Skeptic has asked a hypothetical question: why does DSA ignore the threat of 'product-based pyramid scheme' to network marketing?Ā Ā By pushing 3 myths that are not reality, DSA has...
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BREAKING NEWS: Dawn Wright-Olivares and Dan Olivares to appear in Charlotte...
WXII-TV (Photo credit: Wikipedia)According to WXII TV Channel 12 report, Dawn Wright-Olivares, former CMO of Zeek Rewards Ponzi, and her stepson Dan Olivares, former CTO of Zeek Rewards will be...
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MLM Absurdities: Yes, Your Family Doctor Could Be Selling MLM stuff too
I was reading updates on Tracy Coenan's Sequence Inc. files when I came across a company called Metagenics, which seem to be nutritional supplements sold through doctor's offices (including doctor of...
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What to Do If You're Being Recruited: Ask for Schedule C
Dave Ritchie over at RealScam.com had an excellent suggestion for a very quick "due diligence" test: ask for their "IRS Schedule C", which is where their sole proprietor income will be reported, and...
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MLM Commentary: Think VERY HARD If You Want To Pivot to MLM
United States Census Bureau. Ā (Photo credit: Wikipedia)Generally speaking, network marketing (or multi-level marketing) is a niche that grows, but the rate is hardly noticeable against inflation,...
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Guest Post: Vemma and Napoleon Hill's "Think and Grow Rich", Part 3 of 6
Previously we had SlayerofScams, a fellow scambuster on IGN, posting his essay on how people misconstrue Napoleon Hill's advice to coerce the weak-minded sheeple. [ Part 1 of 6 ] [ Part 2 of 6 ]Here's...
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Scam Absurdities: When You Say You're Not a Scam, Don't STEAL the...
It's surprising how many people PRETEND to have ethics, but in reality, shows a complete lack of ethics, and how many of them ended up in MLM. Today, the sterling example of such hypocrisy is... Quinn,...
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Scam and MLM Absurdities: Why do Scams and MLMs do "Same Wine, New Bottle"?
Looking at history of network marketing, and scams and an interesting pattern emerged.Most people who start network marketing companies were former grunts in network marketing... And sometimes, these...
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Scam Absurdities: Ian Driscoll of BannersBroker ponzi now pushing FlexKom....
Sometimes, the surest sign of whether a 'scheme' is a scam or not is the sort of people it seem to attract. If the scheme is flooded by recruiters who previously were involved in various matrix schemes...
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Scam Absurdities: What Sann Rodrigues of TelexFree do NOT want you to know...
It is amazing how little "due diligence" people use when it comes to "making money". Often, all you have to do is Google the name, and scroll through a couple pages of cheerleading results, to get to...
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Bad Argument: When You Comment, You Should Check Your Facts!
Was browsing YPRPariah's website, and found something amusing... Some Vemma noob came and posted some comment about how great is Vemma and how everybody else are losers for doubting Vemma, blah blah...
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MLM Absurdities: What They Don't Want You To Know About Ganoderma "Healthy...
In the past several years, a plethora (plague?) of "healthy coffee" companies appeared on the market. They bear names such as "Gano Excel", "Organo Gold", "Vidacup", "SereniGy", and so on. And they...
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MLM Absurdities: MLM may be a Cult... revisited. Why Do Herbalifers get...
Previously, MLM Skeptic has discussed how often MLM resembles a cult (of money/greed), where members are to worship their upline and their company, any dissent is stamped out with shame, any defectors...
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Bad Propaganda: The Real Story Behind the "Dropout Lambo" Meme
A recent viral meme that was made popular by Vemma sheeple was the "Dropout"Lamborghini AventadorHyundai SantaFe with "Scholar" Vanity plate, and Lamborghini Aventador LP720 with "Dropout"vanity...
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Scam Absurdities: Kingdom 777 (i.e. WCM777) adopts Ponzi Speak and Pyramid...
A blatant ponzi scheme such as WCM777 (which changed its name to Kingdom 777) that was chased out of both North and South America by various jurisdictions, decided to go Orwellian by adopting...
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Scam Psychology: Why Bad Arguers Often Retreat to Conspiracies As Final Defense
Conspiracy Theory with Jesse Ventura Making a living through selling nothing... likeĀ a lot of scams that call themselves network marketing(Photo credit: Wikipedia)In studying the financial scams and...
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