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Besides, under the rules, direct selling businesses and direct salespeople would be barred from advertising a pyramid scheme, enlisting anyone in such a system, or engaging in such a structure in any way under the guise of undertaking direct selling business. Notably, the earlier law governing such activities, Prize Chit and Money Circulation (Banning) Act 1978 (PCMCA), was considered weak and toothless to book the culprits. It's here the enforcement directorate (ED) picked the operations of Amway in line with pyramid or MLM pattern by describing the whole thrust of the company around promoting how members may get wealthy by being members. The agency added: "The emphasis is not on the products. This MLM Pyramid fraud is disguised as a direct selling firm by using commodities." It's worth mentioning that Amway entered India in 1996-97 with a share capital of just Rs21.39 crore. So far, as per the reports, it has remitted Rs2,859.10 crore as dividend, royalty and other ...

Late disgraced financier Bernie Madoff's former Hamptons home is back on the market, this time for $22.5 million. Madoff, who orchestrated one of, if not the largest, Ponzi schemes in history, was arrested in 2008 and pled guilty to 11 felonies, including securities fraud, wire fraud, and money laundering. He was sentenced to 150 years in prison and died at the age of 82 in 2021 during his sentence. However, before he was sent to federal prison, he owned an impressive real estate portfolio, which included this beachfront Montauk estate. He purchased the estate in 1980 for just $250,000, according to The New York Post . After he was arrested in December 2008, his properties were seized by U.S. Marshals, and in 2009, Vornado Realty Trust chairman, Steven Roth, purchased the property for $9.41 million. All of the proceeds were donated to the victims of Madoff's Ponzi scheme. Roth is the current seller. The home has a large pool and deck. ...

[unable to retrieve full-text content] 'They have you in a cultish grip': the women losing thousands to online beauty schemes    The Guardian

When you donate blood, they pull a pint of the stuff from your body and pay you $20 to $50. You can do it only once every 56 days or six times per year. Donating plasma, on the other hand, is not some desperation hustle for college kids and the indigent. Since the machine siphons off only the plasma and returns the rest of your blood to your body, you can donate much more frequently and collect a whole lot more cash. A couple can easily earn $1,500 per month donating plasma without much effort, according to Business Insider. CSL Plasma, one of the biggest plasma providers in the world, says individuals can earn up to $1,100 in their first month. [12] It's unclear how much you'd make on your first day, but the payments increase as you donate more.

Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. If you want to make money online, you've got plenty of options. Almost too many. How do you start? Do you really need your own website, or can you make extra money on the fly? And more importantly, which approach will be best for you based on your current work and family circumstances? You might be closer to your next stream of income than you think. "When I first got started as a freelance copywriter in 2011, I didn't have any money to invest in my business," says Sarah Jane Burt, a copywriter, content strategist, and founder of The Content Collective. "I was in graduate school for English and thinking about becoming a teacher." "Then, I met a guy at a party who owned a business. We talked about how I was i...

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Getty Images By 2016, Josie Naikoi, then 29, had hit what she thought was the pinnacle of her career. She was pulling in a six-figure salary — more money than she'd ever imagined making during her seven years as a hair stylist. With it, she was able to put her little sister through college, pay off a pile of medical debt and feel a tremendous sense of financial security. Josie was a distributor at a multi-level marketing company, or MLM, selling health and fitness supplements and aids to her friends, family members and social media followers, as well as actively recruiting new sellers for her team (called her "downline" in MLM parlance) and earning a percentage based on their sales. MLMs sell products through person-to-person sales. If you go all in, as Josie did when she quit her job as a hair stylist to work as a distributor full-time, the benefits can be intoxicating. Jo...