Pyramid Schemes Masquerade as Direct Sellers

Posted Posted in Business, News

Learn how to pick a Pyramid Scam or Ponzi Scheme from a real Direct Marketing or MLM business. Source: Moneyweb Source: GST Consumer commission (South Africa) investigates nine suspected pyramid schemes. There is a thin line, nowadays, between network marketing companies, or multi-level marketing companies, and pyramid schemes. Particularly where¬†the former has a¬†business model that […]

Is Higher Education A Giant Pyramid Scheme?

Posted Posted in MLM, Opinion

Here’s the article that got BK Boreyko from Vemma into so much trouble. Published by Forbes magazine you would think it was OK to spread far and wide. BUT… Taken out of context and applied to a business? Telling university (college) students that uni is a scam is asking for trouble from authorities. Read it […]