Are all MLMs scams?

sheridin · 2013-12-08T04:22:05+01:00

Explore the realities of MLMs in this educational thread. Ask questions and uncover myths about network marketing and its impact on families.

sheridin Member

Member since 02 March 2012

sheridinMember08 December 2013 02:22:05

Very controversial topic.... I know. But this time, lets make it educational.

I have been involved in the mlm industry (also known as network marketing) since 1997. And its been wonderful seeing so many people get what they want from this simple part-time enterprise. Even $500 extra a month can make a big difference to many families. And those who want more can achieve it too. Yet.... most people shun away from this opportunity just by the mere mention of the word.

Let me help clear some myths that you may have. Ask me anything.聽 I'll do my best to address your concerns in a professional manner.

Sheri Din

sheridin Member

Member since 02 March 2012

sheridinMember08 December 2013 02:23:40

Btw... i am Singaporean...and flying beyween Singapore and Indonesia on a regular basis. Have apartments in Singapore & Jakarta.

James ViP

Member since 20 June 2010

Brazil & Canada Expert

JamesViP08 December 2013 09:20:46

11272

Yes, most are since they are designed to make money for only the ones at the top of the pyramid. In many countries pyramid schemes are the subject of many lawsuits and government scrutiny.

The US Federal Trade Commission (FTC) for example warns everyone to stay away from MLMs that offer a commission for recruiting new distributors saying, "They're actually illegal pyramid schemes."

Also when a MLM goes bust (and most do very quickly) everyone loses their money, except of course the people at the very top.