allmlmfacts

all MLM busters

  • MLM
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    • 1. Lost Money

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    • 2. Lost reputation

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    • 3. Lost time

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    • 4. Lost selfesteem

Author: Scott Johnson

    • 08 27
    • Herbalife Update

      This week in the "life and death of Herbalife" was like a carnival ride, up and down, swinging wildly, around and around. Starting with a bit of sanity, here's Pershing Square's view on recent events, pay particular attention to the chart at the end: read more

    • 08 20
    • Another Sign Amway Is Crumbling

      In the only country I know of where Amway stock is publicly traded, probably because it is required in order for Amway to do business there, we get a peak that the worldwide 8.5% decrease two years ago and an additional 12.5% decrease last year as was no fluke, we now have Malaysia net profit decre... read more

    • 08 20
    • Vemma Summary And Update

      Here a great Vemma summary and update, it looks like another MLM scam is about to bite the dust, which is a very good thing. The document referred to in the below article regarding the Hanover Insurance Consent Order: read more

    • 07 29
    • Herbalife Slammed By The FTC

      While I would have preferred a shutdown/lawsuit ala Vemma, the FTC did take strong action against Herbalife, the second largest MLM scam I'm aware of, second only to Amway. Here's a light reading reading list, starting with higher-level overview type documents, and drilling down into more detailed ... read more

    • 07 02
    • Another Amway IBO Slammed By IRS – Should Be MLM Industry-Wide

      Another in a series of Amway IBOs found not to be trying to make a profit, see the story and especially check the box to read the comments section, here: http://www.... read more

    • 07 02
    • Hey Amway, Happy 10 Year Anniversary

      Just a few days ago, it was 10 years since I provided my comments to the FTC regarding the Business Opportunity Rule revision comment process. Here's the comments: 2006 Business Opportuni... read more

    • 07 02
    • Vemma Close To Death Gurgle

      Vemma is stopping production of more products, as Vemma Renew, Verve Bold & Verve Remix are in a closeout "sale," according to an email I received. Here's the website link: https://vemma.myv... read more

    • 07 01
    • Amway Is Going CRAZY!!!

      A series of recent Amway stories indicates Amway is coming unhinged:

      1. This youtube video, posted July 1, 2016, which was AFTER the Russian track team was banned from the upcoming Olympics, starts off with snippets of track and field competitors: read more