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[unable to retrieve full-text content] Nu Skin Enterprises: A Compelling MLM, But A Hold For Now    Seeking Alpha

Kate was reluctant to sign up to a new app that claimed to be an investment opportunity. Key points: The first people to sign up make money so they encourage others to join Police say the apps are just a modern version of pyramid schemes They are often run by overseas groups making recovery of the money difficult But family members kept telling her how much "money" they were making from it. "So when somebody comes to you with that type of information, you'll be like, 'Oh, man, this is true. Let me give it a shot'," she said. The app called Hope Business asked people to pay money into an account to enable them to earn money back. It is no longer available for download. Kate — not her real name — said the app offered financial rewards for playing games. Things got more tempting when the app announced a 12-day promotion that rewarded people who paid or "topped up" large amount

Grant Cardone Real estate crowdfunding guru Grant Cardone is facing allegations that he's misled thousands of investors across the country by falsely promising them annual returns of at least 15 percent and other incentives that never materialized. Fresh off their acquisition of a waterfront Fort Lauderdale apartment complex, Cardone and his Aventura, Florida-based firm Cardone Capital were accused of violating federal securities laws in a suit filed in federal court in Los Angeles earlier this month. The lawsuit alleges they made false and misleading statements and omitted material facts in connection with public offerings for two Cardone Capital funds totalling $100 million. The funds raised money from investors through crowdfunding, including $50 million between 2018 and 2019 that was used to purchase an interest in a 346-unit apartment complex in Delray Beach, the lawsuit states. Between last year and June 25, Cardone Capital raised another $50 million, and some of the pr

Maybe you need money now, but your paycheck isn't hitting your bank account today. Or maybe you're just interested in learning how to make quick money in one day. From poker to predatory loans to bank robbery, movies often depict some horrible ideas about how to make fast cash. However, making quick money — even today — is possible with a little ingenuity, creativity and/or elbow grease. In this article, I'll give you some ideas on how you can make or find money right now. Table of Contents Make Money Fast by Selling Things Free stuff: Whether it's furniture left on the curb, or something you find in Craigslist's "free" section, local Facebook groups or even dumpsters (there's a TLC show about it!), there are plenty of places where you can find and pick up items for free. You can turn around and sell the items for cash. Clothes, shoes and accessories: You can make nice money selling your fashion items, especially if you buy upsca

Makeup is one of the most popular direct sales products, but there are many more options. (Thinkstock) As a 36-year-old mother of four, Jenn Laurie barely qualifies as a Millennial. But that doesn't mean the Edmonton native and Epicure sales consultant isn't any less driven than her younger Gen Y counterparts, many of whom are flocking to direct sales thanks to a crummy job market. Laurie discovered the B.C.-based herb and spice-blend company five-and-a-half years ago when she began reading food labels to help her two sons, both of whom were on medications for multiple emotional disorders. Laurie believes clean eating thanks in part to Epicure, which is known for its gluten-free, non-GMO, additive-free products, helped heal her sons, each of whom have made big strides in their progress. "We've been healing through nutrition," says Laurie, who is also studying to become a holistic nutritionist. "My eight-year-old son is doing so well that they are slowly integ

#bossbabe has become a trademark of predatory network marketing schemes Bailey Cichon Aug. 15, 2021 9:00 am, Updated: Aug. 15, 2021 9:46 am During my first semester of college I accidentally attended the NSFW version of a Tupperware party. Without knowing, I had attended a Pure Romance party, where they peddled sex toys, lube and body care products. A fresh crop of cash-strapped college kids made for perfect new clients … and recruits. A multilevel marketing scheme — also known as a MLM or network marketing scheme — permeated my freshman dorm

Primerica Like Beachbody, insurance MLM firm Primerica is a legitimate and long-established company. But as the Duford Insurance Group points out, people often assume it's a scam because of the company's long history of using high-pressure MLM sales and recruiting as its primary business model. Like Beachbody's fitness coaches, most recruits join Primerica with no background in insurance whatsoever, yet they face intense pressure to sell complicated insurance products quickly. They face even more pressure to recruit downline and offer the same "opportunity" to new people. That's the only real way to make real money, which almost none of its reps do. When Primerica went public in 2010, Business Insider wrote an article with the headline: "Meet Primerica, the Wall Street IPO That's Really A Multi-Level Marketing Scheme." The company has faced multiple lawsuits in the ensuing years. Primerica was the

Dear Carolyn: My friend "Chloe" was raised to be fairly independent (as was I), but she married "Joel," who is very traditional and likes to wax poetic about how important it is for the husband to provide so that the wife can focus all her attention on the home. I suppose this is a valid setup that works for some people, and Chloe seems happy with him, so be it. Except that for the past five years or so, with Joel's urging, Chloe is actually becoming sort of a multilevel marketing queen. My disdain for that industry aside, I find it really strange that spending several hours each day working on building her MLM cred somehow does not count as "work." She knows not to bug me about sales or try to recruit me, but the entirety of her social media presence revolves around what looks to me like a regular job. How do I respond to Joel when he inevitably (and frequently) goes off on one of his self-congratulatory diatribes about how wonderful it is to have hi

We all have at least one friend who talks about how to make money all the time. If you just said aye, this article is just for you. So you can tell them about what they can do to get the bucks that they need. Ways of earning money have transformed a lot in recent times. Now you do not need a physical setup, customer or even to an office to start a business. You can do it online and make money. But not everybody has the time and resources to start a business even if it was happening online. So this article is also for those who need to make money in other ways. Playing games! Yes. That's the first one on our list. Wondering how you can play games and make money? Well, now with online fantasy games you will be able to make real money while playing games. Let me tell you how it works. Create an account in a fantasy games portal, like Dream11. Log in with your credentials, and select the game you want to play. You can choose Cricket, Football, Basketball and a bunch of ot

This story was updated at 6:10 p.m. on Monday, August 23, 2021, with more information. Federal regulators have charged one of the owners of the Chattanooga Lookouts baseball team with "running a massive Ponzi scheme for over a decade" that has defrauded more than 400 investors already and continues to illegally raise more money to try to pay off previous investors. In a 40-page complaint filed in federal court, the U.S. Securities and Exchange Commission charged John J. Woods and his Chattanooga-based Southport Capital investment firm with six counts of securities fraud. The complaint said Woods' Ponzi scheme, which goes by the name Horizon Private Equity, collected more than $110 million from investors with promises of 6-7% rates of return but the investments "are worth far too little for there to be any realistic prospect that the Ponzi scheme will be able to pay back existing investors their principal, let alone the promised returns."

Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded them to invest billions. Then, two years ago, she disappeared. Jamie Bartlett spent months investigating how she did it for the Missing Cryptoqueen podcast , and trying to figure out where she's hiding. In early June 2016 a 36-year-old businesswoman called Dr Ruja Ignatova walked on stage at Wembley Arena in front of thousands of adoring fans. She was dressed, as usual, in an expensive ballgown, wearing long diamond earrings and bright red lipstick. She told the cheering crowd that OneCoin was on course to become the world's biggest cryptocurrency "for everyone to make payments everywhere". OneCoin Bitcoin was the first cryptocurrency and is still the biggest and best-known - its rise in value from a few cents to hundreds of dollars per coin by mid-2016 had given rise to a frenzy of excitement among investors. Cryptocurrency as an idea was ju