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Ponzi Scheme and Pyramid Scheme What's the Difference?
Ponzi Scheme and Pyramid Scheme, these words are in the news on a regular basis. We all know they are both illegal, but what’s the difference between the two? How can we tell if a potential business, particularly a multi level marketing company or MLM, is a Ponzi scheme or pyramid scheme? This article explains the difference between a Ponzi scheme and a pyramid scheme and gives you some links to some additional resources to help you evaluate whether the MLM you’re considering joining is a Pon
0 commentsGifting as a an income earner
Seems this question has been coming up a lot lately in different circles. Have you seen the guy on youtube opening the fedex packages full of money? Or have you seen all the ads floating around saying "This...
0 commentsWhat I Hate About MLM's
What I hate about MLMs Know what I hate about MLMs? I hate the way they are presented. More times than not, MLM opportunities are presented as get rich quick schemes. Know what I mean? They are presented as...
15 commentsPyramid Schemes
There are some issues you need to know before you may proceed with the idea of operating pyramid schemes from home to generate additional income. If you are looking to work from home in your computer,...
0 commentsBeware Illegal Pyramids Disguised as Legitimate Home Business Opportunities
As gas prices continue to escalate and the economy continues in uncertainty, more and more people will look for ways to generate a second stream of income to keep their families afloat. MLM's provide viable opportunities for many families. However, an illegal pyramid may appear to be an innocent, legitimate MLM opportunity. It's important to be able to identify the difference in order for families to avoid making a dire financial mistake.
10 commentsYTB Trial Date Set For September
The YTB Lawsuit: Illegal Pyramid Scheme reported on last August 2008 will have their day in court later this year. The California lawyers have been given a trial date of Septembet 21, 2009 to state their...
0 commentsPonzi Scheme Defined: The Difference Between Ponzi Scheme and Pyramid Schemes
A Ponzi Scheme is term named after Charles Ponzi an Italian man who made a whole lot of money in the United States using this strategy. The characterstics of a ponzi scheme is usually a promise of a...
2 commentsYTB Lawsuit: Illegal Pyramid Scheme
You may have heard about the lawsuit against YTB where the State Of California has sued YTB, charging that the online travel business operates an illegal pyramid scheme and engages in deceptive business...
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