Multi-level marketing (“MLM”) companies are similar in structure to pyramid schemes, but with the essential difference that an MLM is considered a legitimate business enterprise and pyramid scheme is a scheme to defraud. Pyramid schemes also have many similarities to Ponzi schemes. Definitions and red flags from government agencies of both MLMs and pyramid schemes will provide a better understanding of the differences. Understanding the difference is paramount to participants and investors. Direct sales to consumers through MLMs is common place in the U.S. and many homes have products sold by MLMs.
This presentation will provide examples of MLMs and pyramid schemes, investigations by regulatory and other government entities, and enforcement actions against MLMs and pyramid schemes and those who run them.
Section 337 provides powerful, efficient and rapid remedies for a wide range of unfair methods of co...
In 1968, English rock band The Zombies released their psychedelic counterculture anthem, “Time...
In Part 2, Mr. Kornblum will again use segments from the movies to teach pre-trial and trial tactics...
Trial Starts Now: Winning the Final Six Months provides a comprehensive guide to the critical tasks ...
AI agents — autonomous systems capable of planning, deciding, and acting independently across ...
When the investigation concludes, the discipline is issued, and the file is closed, most organizatio...
Thinking Like a Lawyer, Prompting Like a Pro: Prompting Ethically, Securely, and Safely explores how...
Modern mediation increasingly brings together parties, counsel, and neutrals across a broad range of...
Lawyers lose hundreds of billable and operational hours every year to poorly managed meetings. Unfoc...
The Aftermath of Scams and Cybercrime: A Practical Guide to Response and Recovery examines the immed...