Direct Selling Association

PP Blog Tag archives on references to "Direct Selling Association."

Vemma Called ‘Pyramid Scheme’ By FTC; Direct Selling Association’s Early Response Muted

Vemma Called 'Pyramid Scheme' By FTC; Direct Selling Association's Early Response Muted

UPDATED 6:44 P.M. EDT U.S.A. The Federal Trade Commission voted unanimously (5-0) to charge Vemma Nutrition Co.  with operating a pyramid scheme. So much for the absurd proposition that Republicans on the commission are like hapless “Wheel of Fortune” contestants who couldn’t form the term “pyramid scheme” if spotted 12 of the 13 letters that comprise it. Want […]

SEC Enforcement Chief References Investor Alert On ‘Pyramid Schemes Posing As Multi-Level Marketing Programs’ In Congressional Testimony Today, Says ‘Coordinated Effort’ To Disrupt Them Under Way

SEC Enforcement Chief References Investor Alert On 'Pyramid Schemes Posing As Multi-Level Marketing Programs' In Congressional Testimony Today, Says 'Coordinated Effort' To Disrupt Them Under Way

“The staff also has recently seen what appears to be an increase in pyramid schemes . . . under the guise of ‘multi-level marketing’ and ‘network marketing’ opportunities . . . These schemes often target the most vulnerable investors, and social media has expanded their reach. The Division is deploying resources to disrupt these schemes […]

EDITORIAL: Creeping Up On MLM Perdition

EDITORIAL: Creeping Up On MLM Perdition

EDITOR’S NOTE: The MLM “program” known as Wings Network is alleged to have operated through two business entities that used the name “Tropikgadget.” The SEC’s case, announced Friday, is filed in U.S. District Court for the District of Massachusetts. That’s the same venue in which the agency’s epic TelexFree case was filed last year. There […]

EDITORIAL: Salt Lake Tribune Publishes Series On MLM; Reader Claims Reporter A ‘Broke’ Purveyor Of ‘Negativity’; Separately, Len Clements (IQ-155) ‘Assumes’ Reporter Was ‘Duped’ By The ‘Flimflam’ Of MLM Critics

EDITORIAL: Salt Lake Tribune Publishes Series On MLM; Reader Claims Reporter A 'Broke' Purveyor Of 'Negativity'; Separately, Len Clements (IQ-155) 'Assumes' Reporter Was 'Duped' By The 'Flimflam' Of MLM Critics

We highly recommend an even-handed series the Salt Lake Tribune published on the subject of multilevel marketing in Utah. (Link appears at bottom of post.) The series includes comments from MLM enthusiasts, the Direct Selling Association, attorneys for well-known MLM companies, MLM critics and the FTC. Meanwhile, the series shows that MLM has some political […]

Like MPB Today And Data Network Affiliates’ Promoters, TVI Express Pitchmen Used Images Of Warren Buffett And Donald Trump; Government Of South Africa Reportedly Opens Criminal Probe Amid Pyramid Allegations

Like MPB Today And Data Network Affiliates' Promoters, TVI Express Pitchmen Used Images Of Warren Buffett And Donald Trump; Government Of South Africa Reportedly Opens Criminal Probe Amid Pyramid Allegations

TVI Express, an MLM company whose pitchmen have used images of business titans Warren Buffett and Donald Trump to plant the seed they backed the firm, has come under criminal investigation in South Africa, according to web records and a media site. Buffett and Trump are believed to have no ties to the firm. News […]