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re: John Oliver's takedown on MLM's
Posted on 11/8/16 at 7:23 pm to SabiDojo
Posted on 11/8/16 at 7:23 pm to SabiDojo
Watch it and then get back to me. They sell products but the revenue does not come from selling the products, the revenue comes from signing up new members below you...ala a pyramid scheme
The quote the federal trade commission was "these businesses were not found to not be a pyramid scheme"
They are every bit a pyramid scheme as any.
The quote the federal trade commission was "these businesses were not found to not be a pyramid scheme"
They are every bit a pyramid scheme as any.
1
Posted on 11/8/16 at 7:27 pm to wildtigercat93
The problem is that there IS an actual product. There is no house of cards. It DOES have value. Is it exaggerated? I'm sure, but that doesn't make it a pyramid scheme. It may look like one, but it's not. A pyramid scheme has NO value other than what is acquired from investors. There is nothing. That's not the case with MLM's.
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