Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

I am sure you have heard of Avon and Tupperware, and you may even have their products in your home. Both of these companies are referred to as multilevel marketing companies, or MLMs. Multilevel ...

Network marketing, also known as multi-level marketing (MLR), is a business model that relies on person-to-person sales by independent representatives, often working from home. Network marketing ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Wednesday officially declared Multi-Level Marketing (MLM) schemes, referral marketing, Pyramid and Ponzi Schemes illegal in ...

Network marketing uses personal networks to sell products, with companies like Amway and Avon prominent. Pros include low startup costs; cons include potential losses if unable to resell products. To ...