Forsage and Herbalife—How Multi-Level Marketing, Pyramid Schemes, and Ponzi Schemes Differ
Why it is challenging to distinguish a legitimate multi-level marketing company from a pyramid scheme as hedge fund billionaire Bill Ackman found out in his losing campaign against Herbalife. How Forsage has taken pyramid and Ponzi schemes to a whole new level, and why the regulators can't shut it down.
Topics covered include:
Sponsors
Policygenius
Money For the Rest of Us Plus
Show Notes
Herbalife Settlement With F.T.C. Ends Billionaires’ Battle by Matthew Goldstein and Alexandra Stevenson—The New York Times
Multi-Level Marketing Businesses and Pyramid Schemes—Federal Trade Commission
Herbalife International Settlement Complaint
Herbalife Settles With S.E.C., but Too Late for Hedge Fund Investor by Matthew Goldstein—The New York Times
Consistency is Key! Make Money Podcasting by Elsie Escobar—Libsyn
November Stats From Rob Walch—Podcast Business Journal
Federal Trade Commission Returns More Than $149 Million To Consumers Harmed by AdvoCare Pyramid Scheme—Federal Trade Commission
Federal Trade Commission Returns More Than $23 Million To Consumers Deceived by Online Business Coaching Scheme MOBE—Federal Trade Commission
FTC Shuts Down Credit Repair Pyramid Scheme Financial Education Services, Which Bilked More Than $213 Million from Consumers—Federal Trade Commission
Investor Alert: Ponzi Schemes Using Virtual Currencies—U.S. Securities and Exchange Commission
What is Forsage?—Forsage Support
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Create your
podcast in
minutes
It is Free