Sorry if the blog has been slow I've been on vacation with my wife for the last week. We had a great vacation in the south pacific and will be planning our next vacation very soon. It looks like Japan ot Korea is our next destination later this year. And guess what? We didn't need Amway to be able to afford or have time off for these exotic trips. I'll be bacl blogging regularly again soon but I wanted to update my readers so they don't think I quit and "walked away" like Amway diamonds (LOL).
I may be doing some articles on Herbalife soon, who modeled their business, but Herbalife is currently under investigation from the FTC for being an illegal pyramid scheme. The problem as I see it, is that the FTC has no clearcut definition of a pyramid scheme, thus leaving the courts with past cases as precedence to make rulings.
I hope that the FTC will require major reforms to MLM, including an easy way to determine a pyramid scheme and a legal and legit business. It seems that MLM is litterered with scams like Vemma and nothing happens to stop them ubtil it's too late and the damage is done. That's MLM's advantage. They can violate and be cauht years and years later when it's too late for significant reforms can be made and compensation to the victims. Maybe the FTC vs. Herbalife will effect change. It not, I vow to keep up the fight.