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Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...
Equinox International (dissolved in 2001) European Grouping of Marketing Professionals /CEDIPAC SA (dissolved in 1995) European Home Retail (dissolved in 2007) Fortune Hi-Tech Marketing (dissolved in 2013) FundAmerica (bankrupt in 1990) [25] Holiday Magic (dissolved in 1974)
Pyramid scheme. The unsustainable exponential progression of a classic pyramid scheme in which every member is required to recruit six new people. To sustain the scheme, the 2.2 billion people in the 12th layer would be required to recruit 13.1 billion more people for the 13th layer, even though there are not nearly enough people in the world ...
The anti-MLM movement has risen in response to the recruitment of young people on social media. The post As multi-level marketing companies turn their attention to social media, young people are ...
www.vectormarketing.com. Vector Marketing is a Direct selling marketing subsidiary company and the marketing arm of Cutco Corporation, an Olean, New York –based cutlery manufacturer. The company has been the subject of criticism and lawsuits for its business practices and has been accused of being a multi-level marketing company.
March 26, 2018. Imprisoned at. United States Penitentiary, Tucson. Keith Allen Raniere (/ ræˈnjɛəri /; born August 26, 1960) [2] is an American cult leader who was convicted of a pattern of racketeering activity, including human trafficking, sex offenses and fraud.
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