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MLM Absurdities: Due Diligence is NOT Analysis Paralysis!
One of the more subtle reality inversion techniques used by scammers (and unethical sales people), and cloned by clueless MLM noobs, is misrepresenting "due diligence" as "analysis paralysis".Ā Analysis...
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New Years Resolution for Network Marketers (and Wannabes)
It's New Year's Eve, December 31st, 2013, and a New Year is almost upon us.So I'd like to propose some new year's resolutions for the various network marketers and wannabes. Here are 7 simple items.I...
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MLM Absurdities: Do MLMers Actually *READ* What They Post?
With the ease of simple share / retweet / like and similar buttons on social media, it seems we are less and les likely to perform any sort of fact-checking and due diligence on the information we...
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BREAKING NEWS: Dawn Wright-Olivares found in Clarksville, Arkansas, owns...
According to 5News report out of Fayetteville, Arkansas, Dawn Wright-Olivares, former COO of Zeek Rewards, the largest Ponzi scheme to hit the United States, soaking $850 million from about a million...
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MLM Absurdities: MLMers Encouraging College Kids to Drop Out and Do MLM...
One of the most dangerous absurdities is the notion that MLM offers an even playing field, therefore you need NO education to succeed in MLM, and thus, college is not necessary and a complete waste of...
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Same Wine, New Bottle: WCM777 is now "Kingdom 777"
Apparently Ming Xu needs to remake the image of his Ponzi scheme being outlawed around the world.. by giving it a name change. It's now Kingdom 777.There's an expression in Chinese: ęę¹Æäøęč„ (literally,...
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BREAKING NEWS: Rippln sued for Trademark Infringement by Ripple Labs
Rippln, a mostly viral marketing income opportunity, has been served with a lawsuit dated 12/27/2013 in San Francisco Federal Court by Ripple...
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MLM Dictionary: Autoship
Previously a commenter asked me if I can put up a glossary page where some of the terms I often use are defined. I haven't thought about it for a while, as at the time adding to a page over and over...
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BREAKING NEWS: How Many Corporate Entities Does Dawn Wright-Olivares Really...
According to reports by PatrickPretty.com, Dawn Wright-Olivares's agent / attorney for corporation in Arkansas had been disbarred back in May 2013, and may be responsible for more than one of Dawn...
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Bad Argument: The Wall Street Legitimacy Myth
One of the favorite arguments by proponents of network marketing is "Look at how big Amway is! And Herbalife! And Mary Kay! And Avon! And ______! Their stock prices keep going up! If they were a scam...
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BREAKING NEWS: Is WCM777 / Kingdom 777 going to be banned in Brazil?
TelexFree seem to be focusing all the attention of Brazilenos nowadays, it's rather interesting that some OTHER scam got mentioned along with TelexFree... But it did... via an official press release on...
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Bad Argument: If it were a scam it would have been busted by cops long ago!
Previously we had covered the bad argument: Wall Street Legitimacy Gauge, where being traded on Wall Street, for a long time, was used as "proof" of legitimacy when it's proven that Wall Street don't...
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Bad Argument: Neglect to Mention, Revisited (How Crooks are Riding the...
Do you ever hear something, accepted as "yeah, that's cool", only to realize later that you've been hoaxed or been told only half or less of the story? If so, you've been victim of "neglect to mention"...
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MLM Dictionary: Koscot Test
Koscot Test was a 4 part test that determines whether the business or a scheme is a pyramid scheme. It was established in 1975 in the court case "FTC vs. Koscot Interplanetary" i.e.Ā 86 F.T.C. 1106,...
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MLM Mythbusting: Does Having a real product prove business is not a pyramid...
One of the most often repeated myths spoken in the network marketing industry is "we have a product, therefore we are not a pyramid scheme". In fact, this position had apparently been adopted by Direct...
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Bad Argument: Lion Doesn't Lose Sleep Over Opinion of Sheep
Tywin Lannister armor (Photo credit: paul.hadsall)Sometimes, when confronted with detailed criticism and lacking a proper reply, a MLMer would resort to sloganism, such as"Lion Doesn't Lose Sleep Over...
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Scam Psychology: The Need for Self-Delusion
Saul Bellow, Miami Book Fair International, 19 (Photo credit: Wikipedia)MLM Skeptic has tracked various scams over several years, and it is always amazing to the MLM Skeptic how much self-delusion can...
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Breaking News: Former Zeek Bank, Four Oaks Blank, settled with DOJ for being...
Seal of US Department of JusticeĀ (Photo credit: Wikipedia)Breaking news out of North Carolina: Four Oaks Bank, which held money for Zeek Rewards, as well as a payment processor called NX Systems,...
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Bad Argument: "You can't live a positive life with a negative mind"
Recently, I ran into some MLM promoters, who, when confronted with problems about their particular scheme(s), tossed back this particular reply:"You can't live a positive life with a negative...
View ArticleBREAKING NEWS: Peruvian Police Raided WCM777 office in Lima, Peru
According to Peruvian newspaper LaRepublica, Peruvian authorities raided a local headquarters of WCM777 Ponzi scheme, already outlawed in Peru. Locals have been charged with various violations of laws....
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