“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

In the world of multilevel marketing (MLM) the only “sales” that are recorded are the purchases made by each seller, ...

The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...

An MLM aka "Multilevel Marketing" is — more often than not — a scam. It's essentially the legal version of a pyramid scheme. MLMs promise financial independence and freedom from the 9–5. These ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Bridget Read shares an investigation into ...

It can be difficult to tell the difference between a legitimate multilevel marketing plan (MLM) and an illegal pyramid scheme - even for the agencies that investigate them. If you are considering ...

Every year, thousands of Americans lose money participating in multi-level marketing (MLM). So, last year, when a new business idea that promised to correct MLM's sins bubbled up on Instagram and ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

New York magazine journalist Read debuts with a penetrating exposé of multilevel marketing schemes. She recounts how in the 1940s, a pair of salesmen bitter about not receiving a larger cut of their ...