We at Business For Home get almost daily the question “Is company XYZ legit or a Ponzi – Pyramid scheme?”
Hard to answer as it takes in-depth knowledge of a compensation plan, the owners, product/service and the country a company is registered, and there are over 10,000 Direct Selling companies worldwide….
What is not compliant in the USA, can be no problem in other countries.
Bill Ackman thinks Herbalife is a Pyramid, we do not think so. The Federal Trade Commission in the USA had the opinion Vemma is a pyramid, we do not think so (and the FTC has settled this case).
However our opinion is not important, YOU have to do your own research.
The USA is not longer the Direct Selling Center of the universe, Asia is, and rules are there
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Legit Direct Selling Companies, Ponzi’s, Pyramids And Our Opinion
by Ted Nuyten • • 0 Comments
We at Business For Home get almost daily the question “Is company XYZ legit or a Ponzi – Pyramid scheme?”
Hard to answer as it takes in-depth knowledge of a compensation plan, the owners, product/service and the country a company is registered. and there are over 10,000 Direct Selling companies worldwide….
What is not compliant in the USA, can be no problem in other countries.
Bill Ackman thinks Herbalife is a Pyramid, we do not think so. The FTC thinks Vemma is a pyramid, we do not think so. However our opinion is not important, YOU have to do your own research.
The USA is not longer the Direct Selling Center of the universe, Asia is, and rules are there less strict.
Intentionally or unintentionally the border can be crossed and even compensation plan experts