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Many people are approached by Multi-Level Marketing Salesmen and often they are actually friends of theirs. MLM= Legal Con Job?
After listening to the pitch and feeling somewhat duped then they try to find a way to politely say no without hurting their friend’s feelings. It is hard to face one’s friend on something like this and how are you going to break the news to them? Well you must stand tall and for what you believe in. Be straight up with him/her and let him/her know, that you wish to be on good terms, but are not t
A man and his wife were called the “Adam and Eve” of a multi-level marketing (MLM) scheme by the prosecution, having spearheaded the programme involving more than $3 million in Singapore.
Couple were ‘Adam and Eve’ of pyramid scheme involving almost 4,000 people and over $3m: DPP Mohamad Hisham Mohd Idris, 58, was sentenced to four months’ jail, a $10,000 fine and a penalty of $27,509. Read more at straitstimes.com.
https://www.youtube.com/watch?v=9bSV4HbpKfw
MLMs: Business Opportunity Or A Scam? | Talking Point | Full Episode Ever bought a product or sold items for multi-level marketing (MLM) companies before? From pushy sales techniques, questionable business models and dodgy pro...
GIRL GONG GONG JOINED MLM COMPANY, BORROW MONEY FROM MUM TO HIT HER "GOAL" Joined MLM accidentally years ago When I was 18 fresh out of school and i dont know what was the next step in life. I accidentally joined an MLM. I didn't
Recently MLM scam is back after the pandemic just beware overpriced and overrated weigh lost products!
Singliforex was also an illegal pyramid scheme, in which investors could make money by bringing in others through a rebate structure.
"By virtue of its multi-level marketing incentive structure, the scheme – which began with only a handful of investors – eventually experienced an exponential explosion in its growth. By May 2015, more than 2,000 investors had been defrauded, and Singliworld’s liabilities exceeded US$17 million," said prosecutors.
MLM investment scheme allegedly defrauds over 2,000 investors, S$23 million involved A company allegedly passed off a multi-level marketing scheme as a legitimate investment venture, scamming more than 2,000 investors for over a year and chalking up over US$17 million (S$23.12 million) in liabilities.
HSA warns Singapore-based Riway to stop making false cancer cure claims Marketing materials promote the health supplement as a form of live cell therapy.. Read more at straitstimes.com.
My mum lost her savings in a Ponzi scheme: Here's her story “If something sounds too good to be true, it probably is.”– Modern proverbial sayingWe’re fortunate to be living in a digital age where we could gain financial knowledge at the tip of our fingers.However, this increased...
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