The Amway Decision. The Federal Trade Commission decided that Amway was not an illegal pyramid scheme, but a legitimate business. How did that happen? Why is it important. This week on the Truce Podcast we’re joined once again by Robert Fitzpatrick of Pyramid Scheme Alert (, author of Ponzinomics to explore the history of MLMs.

Also in this episode is a brief history of the founders of Amway: Richard DeVos and Jay VanAndel. The DeVos name probably sounds familiar. Our current Secretary of Education is Betsy DeVos, daughter-in-law to Richard. She’s made a lot of news in her position because of her stances on charter schools and arming teachers in public schools.

A lot of information for this episode came from the book “Dark Money” by Jane Mayer. It is an excellent read and raises a lot of good questions about money in politics.

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Here is a link to the FTC website explaining the characteristics of a pyramid scheme:

Topics explored in this episode?
* Is Amway a pyramid scheme?
*Are pyramid schemes legal?
*What makes a pyramid scheme legal?
*Am I in a pyramid scheme?
*Who is Betsy DeVos?
*History of Amway
*Why is Richard DeVos?
*What happened to Blackwater?

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