Offline dengan aplikasi Player FM !
Forsage and Herbalife—How Multi-Level Marketing, Pyramid Schemes, and Ponzi Schemes Differ
Manage episode 336615165 series 3234219
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.
Topics covered include:
- What are multi-level marketing companies and how most MLM distributors are unsuccessful
- What is the difference between a pyramid scheme and a Ponzi scheme and what are some examples
- How hedge fund Pershing Square Capital Management took on Herbalife and despite FTC and SEC actions, Herbalife continues to thrive.
- Why Forsage, a pyramid and Ponzi scheme on the blockchain, continues, despite SEC regulatory actions
- Why Bitcoin isn't a Ponzi scheme
For more information on this episode click here.
Sponsors
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?
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
490 episode
Manage episode 336615165 series 3234219
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.
Topics covered include:
- What are multi-level marketing companies and how most MLM distributors are unsuccessful
- What is the difference between a pyramid scheme and a Ponzi scheme and what are some examples
- How hedge fund Pershing Square Capital Management took on Herbalife and despite FTC and SEC actions, Herbalife continues to thrive.
- Why Forsage, a pyramid and Ponzi scheme on the blockchain, continues, despite SEC regulatory actions
- Why Bitcoin isn't a Ponzi scheme
For more information on this episode click here.
Sponsors
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?
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
490 episode
所有剧集
×Selamat datang di Player FM!
Player FM memindai web untuk mencari podcast berkualitas tinggi untuk Anda nikmati saat ini. Ini adalah aplikasi podcast terbaik dan bekerja untuk Android, iPhone, dan web. Daftar untuk menyinkronkan langganan di seluruh perangkat.