People as diverse as Kamala Harris and Donald Trump support multi-level marketing
Multi-level marketing companies have very powerful friends. Here is a list of some of the well-connected people tied to MLMs:
- Vice President Kamala Harris
- Former President Donald Trump
- Mitt Romney
- Madeleine Albright
- Former President Bill Clinton
- The former head of the Chamber of Commerce
- and many more
How is it that a business model where over 99% of the people involved will lose money is still legal? The answer is in the list.
My guest today is Robert FitzPatrick from Pyramidschemealert.org. His excellent book is Ponzinomics: The Untold Story of Multi-Level Marketing.
Helpful links:
- A New York Times article about Kamala Harris and Doug Emhoff’s involvement with Herbalife
- A second NYT article about Harris and Emhoff
- A Washington Post article about President Trump’s “Trump Network” MLM
- A fascinating piece by Time about Herbalife
- The Washinton Post about Mitt Romney’s involvement with NuSkin
- Interesting Last Week Tonight episode about MLMs (contains strong language)
