Primerica’s Opposition to the FTC’s Proposed Business Opportunity Rule

http://www.ftc.gov/os/comments/businessopprule/522418-11929.pdf EXECUTIVE SUMMARY The proposed Business Opportunity Rule (“Rule”) pursues the laudable goal of preventing fraud in the work-at-home, pyramid and vending machine marketplaces. But the Rule does not narrowly define and prohibit the specific practices in which the Commission has observed fraud. Nor is it limited to the types …

MLM Versus Pyramid Schemes

This article comes from a site called StopSpam.org. The site’s primary purpose seems to be stopping email scams. However, they included this article which addresses the multi-level marketing (MLM) and pyramid scheme issue. I think that Mary Kay falls under the “fraudulent multi-level marketing plan” category. Read the 13 points …

FTC’s Project Fal$e Hope$

Federal and state law enforcement officers have been conducting sweeps targeting bogus business opportunities and work-at-home scam as part of the Federal Trade Commission’s Project Fal$e Hope$. I thought I’d mention this because it’s interesting to see what businesses the FTC is cracking down on, since it doesn’t seem to …

The FTC on Multi-Level Marketing Companies

This is an interesting little piece from the FTCon multi-level marketing companies (MLMs) that sell health and beauty products. I thought it was worth mentioning because if you look at some of the questions they want you to ask about the company, Mary Kay Inc. doesn’t fare too well.   …