How to spot the difference between a pyramid scheme and MLM

United States News News

How to spot the difference between a pyramid scheme and MLM
United States Latest News,United States Headlines
  • 📰 IOL
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

While some of these companies are legitimate, there are people out there that will do whatever it takes to take advantage of those who need to put food on the table.

At first, it may be difficult to tell a pyramid scheme from an multi-level marketing . After all, both have business models that rely on multiple levels of distributors and recruits.A pyramid scheme is a fraudulent system of making money by recruiting an ever-increasing number of so-called ’investors’. The initial promoters recruit investors, who in turn recruit more investors – and so it goes on.

MLM recruits can make a profit from selling the company’s products as well as recruiting sales people below them. Don’t sign up if the company doesn't seem to have any interest in consumer demand for its products. Multilevel marketing depends on establishing a market for the company’s products.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IOL /  🏆 46. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Miss Earth SA 2021: Naughty, but nice – and dreaming bigMiss Earth SA 2021: Naughty, but nice – and dreaming bigI want to be remembered as the one who made a difference out there.
Read more »

IN PICS | Medical parolee Jacob Zuma spotted in Durban casinoCorrectional services confirms that the former president requested permission to leave his Nkandla compound.
Read more »



Render Time: 2025-03-04 02:15:02