Multi-level marketing schemes are scams. Here’s how to avoid them.
It’s Cheat Week at Mashable. Join us as we take a look at how liars, scammers, grifters, and everyday parties take advantage of life’s little openings in order to get ahead.
Like gender reveal parties and painfully public actions, realizing multi-level marketing scams pop up on your feed has become a social media milestone. At some target, you’re sure to move past pink and blue bags, watch horizontal videos of couples shrieking at Disneyland, and receive the terrifying “Hey girl! ” message from a high school acquaintance you haven’t spoken to in years.
The Securities and Exchange Commission observes three trademarks of a pyramid scheme: There’s heavy emphasis on recruitment, a predict of high-pitched reinforces in little time, and an insisting that the workshop participants can cease their day job to “work from home.” Read more …
Read more: mashable.com