Ponzinomics by Anna Fitzpatrick
The Untold Story of Multi-Level Marketing in America
An investigative examination of the multi-level marketing industry, it traces the model’s origins and explosive growth, explains how endless-chain recruitment, exaggerated income claims, and cult-like training create a mirage of opportunity, and shows why most participants inevitably lose money. Drawing on case studies, regulatory history, and insider documents, it details the role of lobbying and legal loopholes in shielding the business from oversight, the psychological techniques used to retain recruits, and the social and financial costs borne by families and communities. The result is both a historical analysis and a consumer warning about how a predatory commercial system persists in plain sight.
- Published
- 2021
- Nationality
- American
- Length
- Moderate
- Pages
- 400-500
- Original Language
- English
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- Alternate Titles
- None
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