Multilevel Marketing (MLM) and Consumer Protection
Multilevel Marketing (MLM) is a Worldwide Problem
I recently had the exciting opportunity to be one of 37 Panelists at the First Global Conference on Multilevel Marketing (MLM). The virtual conference was held by the College of New Jersey’s School of Business, on April 30th and May 1st 2021 and attracted 500 participants from 49 countries. Pyramid schemes have been illegal for a very long time, but the term multilevel marketing seems to be the term of choice. There is a heavily funded lobbying group for some 300 multilevel marketing organizations, the Direct Selling Association, which seems to have a lot of influence in politics. I am told there were more than a few attorneys representing MLms in attendance.
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