Multilevel Marketing

Multilevel Marketing

Multilevel Marketing is a business model where independent contractors sell a company’s products and/or services directly to consumers. In the MLM business model, the independent contractors also make money from recruiting others to work for the company.

Considering a multilevel marketing opportunity?

Be careful. It may well be a legitimate multilevel marketing business. Or it may be a pyramid scheme – an illegal scam designed to steal your money.

Many pyramid schemes, frauds designed to part the unwary from their money, are disguised as legitimate opportunities.

Like multilevel marketing, pyramid schemes depend on recruiting people to become distributors of a product or service. Like MLM, the pyramid scheme offers the opportunity to make money by signing up more recruits and by accomplishing certain levels of achievement.

But it can be very difficult for the person looking for a business opportunity to tell the difference between a legitimate MLM opportunity and a pyramid scheme at a glance.

How do you tell whether it’s a legitimate business opportunity or a scam?

If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. If the money you make is based on the number of people you recruit and your sales to them, it’s not. It’s a pyramid scheme. Pyramid schemes are illegal, and the vast majority of participants lose money.

It is important to get a complete picture of how the plan works: not just how much money distributors make, but also how much time and money they spend on the plan, how long it takes before they’re earning money, and how big a downline is needed to make money.

One sign of a pyramid scheme is if distributors sell more product to other distributors than to the public — or if they make more money from recruiting than they do from selling.

The Forex Lawyer’s Team works for the clients to provide legal assistance in order to recover the money lost.
To file a complaint or to get free information about Multilevel marketing issues, contact us completing the on-line enquiry form here or call on Skype