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Scam Absurdities: A Leopard Can't Change His Spots, A Scammer Can't Change...

It is sometimes painfully obvious why would any one fall for a particular scheme, when all you need to do is look at the people involved in the scheme, and what were they doing before the scheme. Were...

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BREAKING NEWS: NuSkin in Serious Legal Trouble in China

NUSKIN logo (Photo credit: Ellery Chen)China usually don't advertise internal troubles, except when they are about to make an example of somebody. So when NuSkin was mentioned on People's Daily, the...

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MLM Dictionary: Amway Safeguard Rules

English: Honda- Amway(AVCL)Hồ Chí Minh (Photo credit: Wikipedia)Amway Safeguard Rules represents a set of "rules" (actually concessions) implemented by Amway when it was sued by the Federal Trade...

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Scam Psychology: Why Scammers Use Testimonials, and Why You Should NOT Trust...

Why do advertisements almost seem to have testimonials? Because they do influence us.Human beings are social creatures, and we do learn from each other, so when we hear testimonials, we pay attention....

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BREAKING NEWS: SpeakAsia head Manoj Kumar Sharma found dying in Singapore...

IDG relayed an article from Singapore... Apparently Manoj Kumar Sharma, head of Speak Asia, and fugitive from India, is dying in a Singapore hospital, and contacted a writer, and want his story to be...

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MLM Dictionary: Pyramid scheme

A pyramid scheme is a type of financial fraud that usually disguises itself as a business, but the participants earn compensation by first paying into the system some sort of fee, in exchange of right...

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BREAKING NEWS: NuSkin suspends recruitment meetings in China (until further...

Amidst charges by Chinese government that its agents are running a pyramid scheme, NuSkin today announced that it is suspending all recruitment meetings in China (until further notice).NuSkin is an...

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The Real Reasons Why Network Marketing Needs Reputation Management

It's interesting how the topics in this blog suggest themselves: why network marketing needs reputation management. It's not because there's a bunch of "meanies" out there... though there are. It's...

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Scam Psychology: Intelligence is NOT Rationality

Many people have asked... How can intelligent people, lawyers, doctors, people who got rich through their own efforts, and so on, end up joining a scam? Aren't they intelligent enough to avoid such...

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Bad Propaganda: Perpetuating Myths and Misunderstandings to Deflect Criticism

Editor's Note: This is start of a new segment 'Bad Propaganda' where I will analyze bad propaganda used by various MLM promoters who, whether intentionally, or by accident, or perhaps, even ignorance,...

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BREAKING NEWS: Herbalife may also be under investigation in China

When reports of NuSkin representative's alleged misconduct surfaced in Chinese media back in June and July 2013 in China it received little western media attention. However, when the Chinese Communist...

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MLM Absurdities: How Scam Evolve Around MLMs and Pseudo-MLM Scams

Previously, MLM Skeptic have pointed out that many so-called "legitimate" MLMs have scams revolving around them in what's known as "lead generation" companies. They work by sending out teases to large...

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BREAKING NEWS: WCM777 (aka Kingdom 777) Outlawed in California, ordered to...

WCM777 and World Capital Market has been outlawed in California, as of January 8th, 2014, by order of California Commissioner of Business Oversight.Order was issued originally on January 8th, 2014,...

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Wall Street Runs on Greed... And Conspiracies (so Don't Trust Them)

English: Wall Street sign on Wall Street (Photo credit: Wikipedia)Previously, MLM Skeptic had pointed out the futility of using stock price as a measure of the company's "legitimacy". Wall Street will...

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Guest Post: Vemma and Napoleon Hill's "Think and Grow Rich" Part 1 of 6

Cover via AmazonMany self-proclaimed financial gurus are fond of quoting Napoleon Hill's "Think and Grow Rich". I have that book around here somewhere, along with Dale Carnegie's "How to Gain Friends...

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MLM Basics: Why Had Network Marketing Lost Its Love of Retail?

Modern network marketing companies lost their love of retail, and thus its primary purpose.According to the law and their implied purpose, a network marketing company's purpose is to retail stuff...

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BREAKING NEWS: WCM777 / Kingdom 777 also banned in New Hampshire and Colorado

ASDUpdates spotted the latest notices:Ming Xu signed consent decree for World Capital Market, WCM777, and himself to not do business in Colorado. New Hampshire issued investor alert to WCM777 illegal...

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Guest Post: Vemma and Napoleon Hill's "Think and Grow Rich", Part 2 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 ]Here's part...

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BREAKING NEWS: Canada launches formal probe into Herbalife

According to New York Post, Canada's Competition Bureau has launched a formal inquiry into whether Herbalife operates as a pyramid scheme there.CCB has no comment.It is unknown if this had anything to...

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MLM Dictionary: Omnitrition Case

The term "Omnitrition Case" refers to "Webster vs. Omnitrition" class action lawsuit that was argued in 9th Circuit Court (of Appeals) in 1996.Explaining the Case(editor's note: I am not a lawyer, so...

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