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 * Donate

 * News
   * Legal
   * PSA in the Media
 * About
   * Advisory Board
   * Board of Directors
     * Robert FitzPatrick
   * Mission Statement
 * Pyramid Schemes
   * Gifting
   * Investment
   * MLM
   * Scheme Alerts
 * False Profits Blog
 * Resources
   * Analytical Tools, Research and Analysis
   * Articles
   * Audio, Video and Podcasts
     * Ponzis and Pyramids, the Audio Series
   * Books and Pamphlets
   * Links to MLM Information Sites


Select Page
 * News
   * Legal
   * PSA in the Media
 * About
   * Advisory Board
   * Board of Directors
     * Robert FitzPatrick
   * Mission Statement
 * Pyramid Schemes
   * Gifting
   * Investment
   * MLM
   * Scheme Alerts
 * False Profits Blog
 * Resources
   * Analytical Tools, Research and Analysis
   * Articles
   * Audio, Video and Podcasts
     * Ponzis and Pyramids, the Audio Series
   * Books and Pamphlets
   * Links to MLM Information Sites
 * Donate




PONZINOMICS


FINALLY


THE FIRST BOOK, THE FULL STORY

 * How was MLM invented?
 * Do “products” make it a business?
 * Why 99% always lose?
 * Pyramid in plain sight?
 * Why don’t regulators investigate?
 * “MLM” as cult movement

Buy Ponzinomics on Amazon

Get Information


WHAT ABOUT THIS ONE?

How do you tell the difference between legitimate direct selling and pyramid
recruitment schemes?



Many — too many — are financial traps, but which ones?

This free audio and written report provides the tools and facts you need to spot
the scams. Get it now.

Read More
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MISSION STATEMENT

In recent decades, pyramid schemes have become an insidious, pervasive and
corrupting influence in the marketplace and community, causing financial and
social harm on a global scale.

Since 1980 a new form of sales and marketing, called multi-level marketing or
network marketing, has spread worldwide and spawned an explosion of pyramid
sales schemes involving tens of millions of consumers. The line between legal
forms of network marketing and fraudulent pyramid programs is a point of Read
More…


ENOUGH IS ENOUGH. IT’S TIME FOR ACTION!

No more denial, shame or embarrassment. No more confusion. No more blaming the
victim. No more resignation. And absolutely no more fear.

Pyramid Scheme Alert is the first consumer organization to confront the abuses
and trickery of pyramid scheme perpetrators.

Pyramid Scheme Alert is a non-profit, privately supported (by memberships and
donations), all-volunteer,
Read More…


RESOURCES

Despite the volume of lies and hype flowing from multi-level marketing schemers
there is more valid, research-based and whistle-blower information available
today than ever before. The truth is emerging.

As in the cases of Enron, the lethal cigarette industry, bank and mortgage
frauds and the Madoff ponzi scheme, the truth about multi-level marketing is
taking time to emerge but the truth inevitably prevails. As the Links offered
here show, the number of activists is growing. Major Read More…

CONSUMER REPORT NOW AVAILABLE:


WHAT IS THIS THING CALLED MULTI-LEVEL MARKETING?

This new article by Robert L. FitzPatrick is an economic “portrait” of
multi-level marketing (MLM) in the USA. The report has compiled and analyzed the
data on three of the oldest and largest MLM companies, Amway, Herbalife and Nu
Skin in a readable and understandable way to paint a recognizable picture.
 Together, these three constitute 10% of the entire MLM operations in America
and serve as representatives of all others. About 1.5 million Americans are
signed up in them each year. Most quit within a year.  The report shows shocking
loss rates among participants and an extreme transfer of money to the 1% at the
top. The study also examines the potential for “retail” sales by distributors,
which turn out to be non-existent. Finally, the report examines  the financial
chances of success  of a new recruit joining any of the three today.
If you have an interest in seeing this report, contact us.




RECENT ARTICLES


MLM IS NOT, AND NEVER WAS, “DIRECT SELLING”

by Robert FitzPatrick | Aug 16, 2021 | Economics / Financial, News | 0 Comments

by Robert L. FitzPatrick, author of PONZINOMICS The most common belief
about  “multi-level marketing” – spread by MLM promoters – is that “MLM” is just
a modern adaptation of “direct selling,” a centuries-old  business model. The
identity as the...

read more


“PONZINOMICS” EXPLAINED

by Robert FitzPatrick | May 21, 2021 | News | 0 Comments

The new book, PONZINOMICS, The Untold Story of Multi-Level Marketing, by Robert
L. FitzPatrick is discussed in a popular writer's podcast hosted by Landis Wade
in Charlotte, NC, where FitzPatrick is based. The 40 minute podcast delves into
the meaning of the term,...

read more


FIRST CONSUMER CONFERENCE ON MLM: REGISTER NOW/ LA PRIMERA CONFERENCIA SOBRE
PROTECCIÓN DE CONSUMIDORES EN MMN: REGÍSTRESE AHORA

by Robert FitzPatrick | Mar 29, 2021 | News | 0 Comments

It's been a long time coming. Finally a consumer conference is being held on
"multi-level marketing," exposing and examining actual financial realities,
consumer harm, types of deception, analysis of cult persuasion, history of false
product claims, challenges to...

read more


LEADING MLM SPOKESMAN BLASTS MLM CONSUMER PROTECTION CONFERENCE AS
“ANTI-BUSINESS AND UN-AMERICAN”

by Robert FitzPatrick | Jun 28, 2021 | Economics / Financial, False Profits,
Humor | 0 Comments

Dr. Luzes stated that multi-level marketing is the last area of the economy that
fosters faith in the American Dream. The conference critique of MLM, therefore,
is “un-American,” he charged.

read more


“BUSINESS” MASK OF MLM REMOVED

by Robert FitzPatrick | May 21, 2021 | News | 0 Comments

Nothing is more responsible for consumers falling into the MLM trap than the
belief that they are investing in a "legitimate business." Thinking MLM is
"business" causes consumers to believe the "income opportunity" is real, that
there is actual "demand" for the...

read more


DÉJÀ VU: WA STATE REGULATORS LET LULAROE OFF; IGNORE ELEPHANT IN THE ROOM

by Robert FitzPatrick | Feb 5, 2021 | Economics / Financial, False Profits,
Legalities and Laws, News, Pyramid Scheme Politics | 0 Comments

For all the news coverage, including a hilarious Samantha Bee commentary,
interviews of tearful and angry victims, torrents of social media debate, and an
upcoming film documentary, the state prosecution of the MLM, LuLaRoe, ended not
with a bang for justice but...

read more
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CATEGORIES

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 * Ethics
 * False Profits
 * Featured
 * Gifting
 * Humor
 * Individual / Social Impact
 * Investment
 * Legal
 * Legalities and Laws
 * MLM
 * News
 * PSA in the Media
 * Pyramid Scheme Politics
 * Pyramid Schemes
 * Scheme Alerts



AUDIO SERIES

Ponzis and Pyramids is a consumer education audio series that examines
multi-level marketing and revealing the similarities between Wall Street Ponzis
and Main Street Pyramids.

Ponzis and Pyramids is sponsored by Pyramid Scheme Alert and supported by
donations from dedicated consumer activists, attorneys, and authors.

Each show is 60 minutes long and is in MP3 format for downloading to iPod or any
MP3 player.

DOWNLOAD NOW

READ THE BLOG!

Read more up-to-date news and information about multi-level marketing schemes.
Robert L. FitzPatrick, the publisher, is the co-author of the book, False
Profits, the first book-length analysis of pyramid schemes and multi-level
marketing ever published. He is also founder and president of Pyramid Scheme
Alert.

CLICK HERE TO VISIT THE FALSE PROFITS BLOG

CONTACT PSA


WRITE US AT:

Pyramid Scheme Alert
1800 Camden Rd., Ste. 107 #101
Charlotte, NC 28203 USA


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