Pres. of https://teapawt.net/t.co/2SUlv0Ppg3, author of “PONZINOMICS, the Untold Story of Multi-Level Marketing”
Hot Springs, NC, USA
Joined July 2010
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A visit to Amway “Headquarters," Ada, MI — surreal, Orwellian, chilling. Loss, churn & cultism concealed. What Amway (MLM) is NOT – direct selling – is laughably obvious. Silly products (toothbrushes?), insane prices (500% over market), a sinister parody. pyramidschemealert.org/the-s…
“DIRECT SELLING, a Nonfiction Fable”, the new book on reality of direct selling and MLM’s false identity, now published: conta.cc/3CrYRtQ
History of MLM’s true origins:
pyramidschemealert.org/mlm-i…
Why are MLM leaders Narcissists? Scam requires pretense to hold “secret” knowledge of wealth/happiness; to lie & falsely promise incessantly; to deserve adulation; to always want more; no remorse for harm caused; to con 24/7 even with family. Only extreme narcissists can do this.
It is now a global movement, yet ANTI-MLM has not made its own, unifying "Declaration" of what MLM is, and what to do about it. Irrefutable evidence of MLM's identity and scale of harm keeps mounting. To advance dialogue, I offer an "ANTI-MLM Declaration"
pyramidschemealert.org/what-…
WP article traces “Fake it till you make it” meme to 1970s origins in multi-level marketing pyramid schemes; escaping into mainstream as a “business model” influencing toxic mortgages, crypto scams, fake pharma, Wall Street Madoffs, Santos-style politics.
washingtonpost.com/opinions/…
Occupationally, MLMers are homeless. Despairing of opportunity, they seek shelter from dead-end jobs, foreclosed futures. MLM is like living in tents, under bridges. Recruiting = panhandling. Declining economics fuel MLM despite loss and fraud. pyramidschemealert.org/whats…
Bill Ackman’s unfounded, disjointed “crypto" commentary is, sadly, diminishing his earlier fact-based exposure of multi-level marketing (Herbalife). Big Lies gain, regardless of facts & revelations, when the truth-tellers soil their own trustworthiness.
forbes.com/sites/johnhyatt/2…
Drop Crypto’s preposterous “currency” identity, and the leering faces of Ponzi & Madoff stare right at you. Same for MLM. Remove the absurd “business opportunity” mask. Look past the silly products. A lurking pyramid-predator is in plain sight.
Crypto & MLM. Same con?
Both claim magical “chains”, block & "endless"; infallibility; disrupt institutions, money & work; value comes from more investors. Neither does what it says, “currency”, “direct selling.” Must believe, even after you lose.
pyramidschemealert.org/mlm-a…
As they say, “Want the truth? Read fiction.” A new novel says what news, FTC, and academia don’t (won’t). “Broke Georgia Goes Multi-Level” shows MLM wrecking careers, hopes and relationships, disguised as “gig”, “sales”, “income”, and valid work.
amazon.com/Broke-Georgia-Goe…
MLM legality is only “de facto.” It's based on “direct selling” disguise & regulatory capture. Its rapacious behavior - endless chain, false income promises, hiding losses, pyramid recruiting, selling fake “distributorships” - has no lawful basis. See: conta.cc/3cLtn8U
What happened to good regulators? Revolving doors, silence & protection of MLMs dominate regulation now. With passing of Bruce Craig, we lost perhaps the last good regulator. Craig sued Amway & never stopped truth-telling on MLM pyramids. R.I.P., Bruce. conta.cc/3T4ogkm
Robert FitzPatrick retweeted
"Fabulous business opportunity!" "Full time pay for part time work!" In our first two episodes, we established that MLMs are NOT direct selling. So what exactly are they? We explore that in this episode. Available Friday, 8/12 at ponzinomics101.com/ and on podcast platforms.
NYTimes & WP report Devos/Trump rift for control of MI Repub party. Other media report their ongoing political ties.
But, no media report Trump’s & DeVos’ mutual business interest — MLM pyramids. Trump: top-paid MLM promoter for 10 yrs. DeVos = Amway.
pyramidschemealert.org/an-un…
Newsweek Mag. reports on Reddit post going viral on MLMs invading dating apps. PONZINOMICS referenced on MLM patterns of deception.
newsweek.com/pyramid-scheme-…
NW cites earlier Bustle investigation of MLM dating app abuse that also references PONZINOMICS:
bustle.com/wellness/mlm-recr…
More on MLM’s (& all) BIG LIES:
Claims so grandiose and outrageous – e.g., unlimited income, total fulfillment – few imagine anyone would dare assert them if untrue.
BIG TRUTH:
Reality behind BIG LIES that for some is so disruptive to hope, belief or status they won't face it.
The truth about Big Lies: Rational, smart people repeat them if the Lies are backed by powerful figures. It’s not Gullibility. The Big Lie is required for admission near power. Calling BS gets you shunned/cast out. MLM's Big Lies have powerful backers.
conta.cc/3u91Fbg
To know what MLM is, you first need to know what real direct selling is. But millions don’t know, enabling MLM's scam disguise to entrap them.
ponzinomics101.com/
As crypto and stock “values” suddenly vanish, delusions of Ponzi economics become obvious. Listeners of Alpha Investor Charles Mizrahi’s discussion of PONZINOMICS learn how disguised pyramids, called “MLMs,” ravage Main Street and scam Wall Street.
charlesmizrahi.com/podcast/p…
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I'm very pleased to team up with veteran educator, teacher-advocate Melissa Milner to produce the first education-oriented (specifically for schools, parents & teachers) podcast on MLM realities & consequences. PONZINOMICS101, Lesson 1, launches June 5.
teapawt.net/ponzinomics101/status/…
Ponzinomics 101 co-host Robert FitzPatrick on the show's focus, specifically how MLMs target students - and often even teachers - with promises of "unlimited income". It's pernicious, and we want to help get the word out. The podcast debuts on June 5. ponzinomics101.com/