Here’s Part II of our effort to bring simple clarification to one of the financial industry’s most complex business scheme (no, not banks, credit card companies or sub-prime lenders) – Ponzi vs. Pryamid  and the legitimate cousin, Multi-Level-Marketing (MLM). Again, not sexy or funny, but something you really should know!  Here’s a refresher from last week:  Ponzi = it’s all about that charismatic guy who gets you to invest with him, and he uses that investment to pay off others – rob Peter/pay Paul!

In response to the need to raise extra cash, consumers are now looking at work-at-home and multi-level-marketing strategies (most are found online) as a possible “business investment”.  The bottom line – stay away from any investment opportunities where the focus and the payoff is on how many other “sales reps” you recruit – and the product is most often unknown, non-existent, or brushed over/pushed to the side. 

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