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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.
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Show Notes
Multi-Level Marketing Businesses and Pyramid Schemes—Federal Trade Commission
Herbalife International Settlement Complaint
Consistency is Key! Make Money Podcasting by Elsie Escobar—Libsyn
November Stats From Rob Walch—Podcast Business Journal
Investor Alert: Ponzi Schemes Using Virtual Currencies—U.S. Securities and Exchange Commission
What is Forsage?—Forsage Support
Related Episodes
248: How to Avoid Investment Fraud
253: Are IPOs the New Ponzi Scheme?
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