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BREAKING NEWS: Rwanda banned TelexFree, Uganda may be next
Uganda's ambassador to Rwanda just tweeted Rwanda's official ruling on TelexFree: it's BANNED! And he's asking Uganda to ban this quickly too!Thanks to BehindMLM for the lead. Oh, and here's the...
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BREAKING NEWS: Kevin Trudeau gets 10 year sentence
Kevin Trudeau gets 10 year sentence for 6 separate contempt of court and stiffing the court 37 million in fines.Kevin Trudeau had been scamming for DECADES with bogus books, bogus sales, bogus...
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Bad Argument: I follow the leader who made lots of money in MLM (now with...
One of the frequent arguments by followers of a particular MLM is s/he is following "leader X", who has already achieved rank Y and thus is a proven leader.Actually by following a "leader" means your...
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UPDATED BREAKING NEWS: Rwanda called TelexFree "money laundering cartel"
Rwandan officials blocked $6 million Rwandan francs from moving out of country by TelexFree, a Rwandan investigator told Rwandan Eye News.Ministry of Trade and Industry representative indicated that...
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OLD NEWS? TelexFree was also in Trouble in Colombia and Croatia
Search news archives revealed that Colombia had been investigating TelexFree since late February 2014.In Bucaramanga, researchers have three ongoing processes. One of them is related to the company...
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MLM NEWS AND ABSURDITIES, WEEKEND of 22-MAR-2014
Cover of GoodFellasIn various MLM News and Absurdities... We have 3 events to cover.RAY LIOTTA (the actor) SUES NERIUM, CALLED IT "PRODUCT-BASED PYRAMID SCHEME"Ray Liotta, best known for his role in...
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MLM and SCAM NEWS 24-MAR-2014: WCM777 evil spawn, NuSkin Fined in China,...
Three bits of scam and MLM related news...Is Phil Ming Xu Still Involved in Global Unity Despite Tweeting He Got Out?Phil Ming Xu, who had previously claimed he's no longer involved in WCM 777, Kingdom...
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Scam Absurdities: Non-US Scams Posing as American Businesses
It is not uncommon for a scammer to pretend to be what he's not, and the recent make of "The Great Gatsby" is one such tale. In the Scamworld, many such emerging players are from outside the US, and in...
View ArticleBREAKING NEWS: Uganda Warns of TelexFree pyramid scheme
Uganda news New Vision published an opinion / editorial by a member of the President's office: TelexFree is a scam, do not...
View ArticleScam Psychology: Can Your Spot Your Own Self-Delusions?
Huff-Post has a great short article on 5 self-delusions you need to spot in yourself.Right there at #3 is "money for nothing". That is the heart of all money scams.Read it. Learn from it.
View ArticleBREAKING NEWS: US SEC Charges WCM777 and Phil Ming Xu with multiple Violations
The hammer finally dropped:The SEC alleges that three entities collectively operating under the business names WCM and WCM777 are posing as multi-level marketing companies in the business of selling...
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Scam Psychology: When They Say "Ignore Negativity", They Really Meant "Ignore...
Scammers often trot out the "ignore negativity" in order to train you, like Pavlov trained his dogs to salivate at ringing of the bell instead of at actual food, to ignore criticism against his or her...
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Bad Propaganda: How TelexFree just made a liar out of itself... and all if...
Around March 18, 2014, Rwanda declared TelexFree to be a money laundering fraud cartel.TelexFree's response: "That's not me!" Quoting from their own press release:TelexFREE says, "As far as we can...
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BREAKING NEWS: TelexFree Sheeple Turned Lion, "occupied" TelexFree until...
According to various Youtube videos, all published today, a bunch of Telexfree sheeple apparently grew spines and decided to occupy Telexfree office, much like they did a few weeks ago, when Steve...
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Scam Psychology: Charlie Munger on How You Screw Up: Part 3 of 6
Charlie Munger (Photo credit: Wikipedia)You may have heard of Charlie Munger. But if you haven't, you should have heard of his partner: Warren Buffet, one of the 5 richest man in the world. In 1995,...
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BREAKING NEWS: SEC is apparently well aware of TelexFree, according to court...
When SEC subpoenaed "Stephen Huntsman", a potential conspirator in the WCM ponzi scheme which SEC recently obtained a total bank freeze on, SEC lawyers asked Huntsman what is his relation to TelexFree...
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BREAKING NEWS: Dietary Supplement caused nearly 100 hepatitis cases
An outbreak of nearly 100 cases of hepatitis in Hawaii was pinpointed to be caused by one dietary supplement. But that's not the scary part. This is: Because the FDA regulates supplements only after...
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Scam Psychology: Don't be a GIMP (Good Inexperienced Money People)
Carl Sagan, famous scientist, who said"extraordinary claims require extraordinary proof" (Photo credit: Wikipedia)There are many types of people looking for additional income, and vast majority of them...
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Who Really Decides What Is Safe In your Food (and Nutritional Supplements)?
English: Logo of the . (Photo credit: Wikipedia)Obvious fact: nutritional supplements are considered "food" by the Food and Drug Administration (FDA).Not so obvious fact: what ends up in the...
View ArticleBREAKING NEWS: Department of Justice and Federal Bureau of Investigations...
According to an Federal official, and reported by multiple sources such as Financial Times and Los Angeles Times, FBI and DOJ had opened a criminal investigation into Herbalife several MONTHS ago,...
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