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606 spotting a money scam with lessons from the Netflix documentary: The Monster of Wall Street

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The Number One Reason Why People Join Multi-Level Marketing Companies

In Australia, there are close to half a million independent multi-level marketers sellers in Australia selling products that range from health and beauty to craft supplies. A majority of them made less than US 70 cents per hour in sales before deducting any expenses. Nearly a third acquired credit card debt to finance their MLM involvement. And then a 2020 study by the American Association of Retired Persons found that one in 13 US adults had tried MLM at some point and most of them had lost money.

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