Everything in America is a Pyramid Scheme Now with Bridget Read
Factually! with Adam Conover
00:00
Unmasking Financial Fraud: The MLM Legacy
This chapter examines the evolution of financial fraud through pyramid schemes and multi-level marketing (MLM). It explores the historical roots of these scams, their reliance on trust, and how they exploit human relationships while often presenting as legitimate opportunities. The discussion also highlights regulatory challenges and the cyclical nature of MLM companies, shedding light on their persistent appeal despite the inevitable losses faced by most participants.
Transcript
Play full episode
