Listen weekdays from 1-3pm ET
(No audio? Try our help)
Recent shows | More media

Listen Live: Mon-Fri 1-3pm ET

Ponzi Schemes & Multi-Level Marketing

25 items
Results 1 - 10 of 25next >

Feds bust alleged Ponzi on Facebook and Twitter

Watch out if you use Facebook and Twitter. There could be a bull's-eye on your back for alleged scamsters touting a get rich quick scheme through investing in securities. USA TODAY reports Fleet Mutual Wealth and MWF Financial, doing business as Mutual Wealth, were allegedly using the popular social media ...

The top investment rip-offs

You work hard for your money. Don't let smooth talking criminals take it away from you. The North American Securities Administrators Association (NASAA) has updated its list of the top scams facing investors today. New at the top of the list are private placement scams. Here's how this works: Somebody ...

Is Herbalife a pyramid scheme?

A popular weight loss program is treading the fine line between multi-level marketing (OK) and a pyramid scheme (not OK)! Do you know the difference? Herbalife is a company I've long taken calls about dating back to the 1980s. They sell vitamins, dietary supplements, skin and hair care, protein drinks ...

MLM vs. Pyramid schemes. Know the difference

MLM vs. Pyramid schemes. Know the difference

A popular weight loss program is treading the fine line between multi-level marketing (OK) and a pyramid scheme (not OK)! Do you know the difference?

Lead Generation scheme coming to your mailbox

Lead Generation scheme coming to your mailbox

Have you gotten an envelope in your mailbox recently promising easy money? Clark has, and you might get one too. Here's why you need to watch out.

The deal behind motivational/money seminars

The deal behind motivational/money seminars

Have you seen ads for those motivational seminars promising free or cheap tickets to see big name speakers in your area? Clark pulls the curtain back on how they're really making their money.

Zeek Rewards shut down by the feds

Zeek Rewards has been shut down by the Securities and Exchange Commission on charges that it is "a massive Ponzi and pyramid scheme." I have received calls about Zeek Rewards as a way to make money since the moment the company started up about two years ago. The promise was ...

Motivational seminars are dangerous for investors

Have you seen a motivational show with big name speakers coming to your area that offers free or cheap tickets? Beware of the unknown speakers between the big names because they may clean your wallet out. The San Francisco Chronicle  reports these kinds of motivational road shows often feature speakers ...

Common warning signs of a Ponzi scheme

RIP-OFF ALERT: The latest Ponzi scheme to come tumbling down shows that all investment scams have common themes at their core. The Sacramento Bee reports an investment advisor named Thomas Hammond is going to prison for 4 years and 9 months after stealing more than half a million dollars from ...

Warning signs of investment scams

What's behind the continuing lure of Ponzi schemes? I think it's that we want to believe the path to El Dorado is easy. I believe it's an oversimplification to say it's all just about greed. It's really that we want things to be easy, we want that one answer that ...

25 items
Results 1 - 10 of 25next >