Still around – and still illegal!

“Here’s the deal: You kick in $5,000 because you like to give gifts. You’re that kind of woman — generous, powerful, accomplished.

“You become part of an exclusive, by-invitation-only club with like-minded women. As a new member, you know your money will go to the woman at the club’s top level. But you’ll eventually work your way up to the top level and get money from people who come in after you. The problem is that to many people, it sounds like a pyramid scheme.”

In this article by ALAINE GRIFFIN, published in the Hartford Courant on July 16, 2011, and in other articles published by Nehra and Waak, attorneys specializing in MLM, in their newsletter Business Associate Advisory, published 26 July 2011, the seemingly perennial issue of gifting programs is explored in detail — and the usual conclusion drawn: they’re pyramid schemes and they’re illegal, despite what the promoters and participants claim.

Read the complete newsletter here…