What is MLM or Multilevel Marketing?
It is a marketing scheme used by some companies. I don't have anything against them except to those pyramid scams who are not really selling actual products and just earns money from their downlines or recruits. Most MLMs are product or is used by pyramid scams or belonged to investment fraud companies or ponzi schemes because MLM is self-propagating and doesn't need much advertisement and it spreads faster when it is online. You might recognize them by studying its system. These are some of the signs of investment scams:
- the recruit MUST recruit someone as well in order to earn, the new recruit's money is the one used to pay their upline.
- they don't have an actual product.
- even if they did have products, it is practically useless.
- they are promised a fast ROI or return of investment or yields higher returns.
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