{"id":28661,"date":"2023-12-29T09:19:06","date_gmt":"2023-12-29T09:19:06","guid":{"rendered":"https:\/\/mlmscaminsider.com\/?p=28661"},"modified":"2023-12-29T14:51:31","modified_gmt":"2023-12-29T14:51:31","slug":"controversial-mlm-schemes","status":"publish","type":"post","link":"https:\/\/mlmscaminsider.com\/controversial-mlm-schemes\/","title":{"rendered":"8 Controversial MLM Schemes You Should Avoid"},"content":{"rendered":"

Watch out for tempting chances to make fast money with multilevel marketing (MLM)<\/a> schemes. These work-from-home options, especially popular during the pandemic, often end up being scams or not making much money.<\/p>\n

In fact, according to the FTC, 99% of participants make no profit, with many losing money while a select few profit.<\/p>\n

Time magazine even compared the odds of making a profit in an MLM to winning the lottery.<\/p>\n

In this article, we’ll reveal eight well-known MLM companies that have turned the usual direct-selling model into something more dishonest.<\/p>\n

1. Primerica<\/b><\/h2>\n

Primerica<\/a>, a well-known insurance MLM company, often faces questions because it heavily relies on intense sales tactics and recruitment as its main way of doing business. It’s kind of like Beachbody, another legit company, but Primerica’s past makes people wonder if it’s a scam.<\/p>\n

Unlike regular insurance companies, Primerica brings in people with no insurance background. These folks are then pushed into a high-pressure situation where they have to quickly sell complicated insurance stuff. On top of that, they’re constantly pushed to recruit new members and offer them the same “opportunity.” Sadly, recruiting is the main way to make good money, but very few actually manage it.<\/p>\n

In 2010, Primerica got a lot of attention when Business Insider ran a story titled “Meet Primerica, the Wall Street IPO That’s Really A Multi-Level Marketing Scheme.” Since then, they’ve been sued a bunch of times and played a role in starting the Anti-MLM Coalition. Despite all this, Primerica is still going strong, with impressive stats as of December 31, 2022, like over 5.7 million insured lives and more than 2.8 million investment accounts held by clients.<\/p>\n

Even though Primerica is considered legit and has a ton of customers, it’s important to know about the issues and controversies linked to its MLM way of doing business. Making smart choices about getting involved in these things is crucial to avoid potential problems.<\/p>\n