It is common for multi-level marketing companies to publicize that “direct selling” (the code name for multi-level marketing or legalized pyramid schemes) picks up during a recession. The whole industry is portrayed a massive opportunity for consumers to make money when their lives are otherwise in financial disarray. This is …
Written by Robert FitzPatrick As market-based economies become the prevailing global model, millions of people are being exposed to sales promotions, income opportunity solicitations, and investment schemes with which they have no experience or knowledge. Vulnerability to deception and the need for consumer education correspondingly reach global heights. One especially …
Multi-level marketing expert Robert FitzPatrick analyzes the commission payouts to Arbonne representatives.
Robert FitzPatrick of Pyramid Scheme Alert, recently brought attention to the real political agenda of the Direct Selling Association (DSA). The DSA is a organization to which multi-level marketing (MLM) companies like Mary Kay belong. Mary Kay cites their membership as proof of their legitimacy, although there are many of …
Milwaukee, WI November 22, 2006 — Pyramid Scheme Alert announces that Tracy L. Coenen, CPA, MBA, CFE has been named to the organization’s Board of Advisors. Her consumer education website, PinkTruth.com, which exposes and analyzes the business and recruiting practices of Mary Kay and the plight of Mary Kay salespeople, …
On September 27, 2006 Robert L. FitzPatrick delivered a one-hour presentation at the 7th Annual Fraud Conference of the Association of Certified Fraud Specialists in San Francisco. ACFS is a professional organization of attorneys, private investigators, forensic accountants, corporate loss management and audit managers and federal and state regulators. The …
An October 2005 article from Smart Money for someone considering joining Mary Kay. QUESTION: A Mary Kay representative told me that if I became a rep, I could deduct the cost of my skin-care and cosmetics products from my taxes because I’d be running my own business. She assured me …
