MLM Travel Scheme May Be Finished Off by State Regulators

Apr 20, 2010

 

 

May, 2009

 

California state regulators are doing what the Federal Trade Commission (FTC) will not do – protect the public from pyramid selling scams, also called “business opportunity frauds.” The latest example is the scheme, Your Travel Biz.com, a classic pyramid in which consumers buy the right to become “travel agents” and then make money when they recruit other “agents.” California Attorney General, Jerry Brown, has struck a fatal blow against the scheme and provided a great benefit to hundreds of thousands of consumers. More…

How do you tell the difference between legitimate direct selling and pyramid recruitment schemes?

Many -- too many -- are financial traps, but which ones?

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