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MLM Basic: Why Do So Many MLM Noobs Fail? Because They Don't See their TRUE...
DSA (US) Logo (Photo credit: Wikipedia)Do you know what's the medium income of a direct-selling agent in the US, i.e. MLM participant? The median annual income for direct sales consultants in 2011 was...
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Scam Psychology: The illusion of explanatory depth (especially about MLM)
One phenomenon that initially puzzled the MLMSkeptic is the SEVERE LACK OF UNDERSTANDING by most MLM participants about their own industry. They seem to be completely unaware of the facts, and instead...
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Scam Post-Mortem: TelexFree location lies confirmed by authorities
Back in July 2013, LONG before TelexFree got raided (April 2014) by DHS, FBI, etc. MLMSkeptic had warned the readers about how TelexFree office is a virtual office, and its co-owner, James Merrill, is...
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Breaking News: Brazilian TelexFree promoter shot, one killed; Peruvia...
Peruvian Arrested at Airport for TelexFree FraudPeruvian alleged fraudster who recruit people into the TelexFree ponzi scheme was caught at the airport airline counter by Peruvian authorities,...
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MLM Basics: Why are there so many names for MLM?
Have you ever wondered why are there so many different names for multi-level marketing? Here are most of them:Network marketing? Multi-level marketing?Home-based Franchising? Direct Sales?Concentric...
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An 2014 Update on AiYellow: Is this thing for real or for grins?
Recently, there seems to be a resurgence of comments, on AiYellow, probably because my previous blog post on AiYellow is somehow now #3 on Google search when you search for AiYellow, as of today,...
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News Update 22-AUG-2014: More TelexFree Lawsuits, Zeek Lawsuits, and Phil...
A lot of developments regarding various closed ponzi schemes in recent months...According to an expert tracking ponzi scheme, a new Ponzi scheme was discovered every 5 days in the US. That's right,...
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The Woo Files: MLM Viagra Coffee (no, I'm not kidding, and it's illegal)
There are all sorts of "fortified"coffee, containing all sorts of stuff that's allegedly good for you, from Asian mushrooms (Lingzhi) to various uber(woo) fruits like Acai berries, goji berries, to...
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MLM Basics: Is MLM considered entrepreneurship?
A recent discussion regarding a certain suspect MLM already fined in Europe for pyramid selling brought up an interesting point of discussion... Is participation in MLM considered entrepreneurship?But...
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BREAKING NEWS: Australia authorities sues Lyoness; alleges pyramid scheme and...
According to press release from ACCC (Australian Competition and Consumer Commission) has launched a lawsuit to shut down Lyoness and related entities from operating in Australia. According to ACCC:...
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Scam Alert: Bitcoin as disguise for Ponzi scheme
EDITOR'S NOTE: I counted the difficulty wrong. It's FAR MORE HOPELESS than I ever imagined. See revision throughout the last half of the article.In the past 6 or so months there has been a plethora of...
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News Update 07-SEP-2014: Herbalife problem in Norway; TelexFree Brazil...
Remember folks, when you read "news", they better have a source, and it better be a reputable source (or links to a reputable source), and I do try to do that. If I don't, let me know and I'll fix it....
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Due Diligence: Does the Business Model Make Sense To You? Are you sure?
As the MLM Skeptic, one comes across all sorts of alleged businesses, and many of them makes sense as a business, but not so much as an affiliate/distributor. Some makes sense as an affiliate, but...
View ArticleBREAKING NEWS: TelexFree investigation in Colombia
There has been little news out of Colombia after their Twitter-announced shutdown of WCM777 Ponzi that involved tweets from both the President AND the Police Chief. Now, the Superintendency of...
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NEWS UPDATE: Quite a lot of catching up with all sorts of news updates...
Okay folks, sorry for not updating the blog for a week or so. Had been busy doing some other stuff... like playing way too much Doctor Who Legacy. Any way, articles are coming back next week. In the...
View ArticleBREAKING NEWS: Zhunrize closed as $100 million ponzi/pyramid scheme by SEC
Breaking news: Zhunrize, an alleged e-commerce platform that was pitched as "Internet store you can own" for $3000 a pop has been closed by SEC as a pyramid scheme where joiners are encouraged to...
View ArticleBREAKING NEWS: SEC shuts down eAdGear (GoFunPlaces / GoFunRewards)
According to latest article on BehindMLM, eAdGear, the folks behind GoFunPlaces / GoFunRewwards are done... shut by SEC, with help of FBI, and authorities in Hong Kong, China, Canada, and United...
View ArticleBREAKING NEWS: Massachussetts calls iFreeX "rebranded TelexFree fraud"
According to Massachusetts Securities Division, the first agency to pound on TelexFree fraud, iFreeX is a reload scam targeting TelexFree victims. It even has the same ponzi pimp: Sann Rodrigues (who's...
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BREAKING NEWS: Moolah goes bust, CEO missing with 1.5M worth of DogeCoins;...
According to _The Guardian_, Moolah, a cryptocurrency exchange that specialized in Dogecoin (and even sponsored a car in NASCAR racing series), headed by "Alex Green", had apparently gone bust and all...
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BREAKING NEWS: Massachusetts filed civil fraud charges against Emgoldex "Team...
Massachusettssecurities division (MSD) has filed civil fraud charges against "Emgoldex Team USA" and its four members of selling unregistered securities, pyramid scheme, and general public fraud. The...
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