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Reply to "LuLaRich - Amazon docu series about LuLaRoe"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am halfway through the series and so far it seems like they started off as a legitimate business but 1/ third or half way in they became extra greedy and their business morphed into a Ponzi scheme.[/quote] No, I don’t think that’s right. I think it was intended as an MLM the whole time. [/quote] Here’s where I’m confused, MLM‘s are legal, that’s what I mean by business, but it became unsustainable with an excess of sellers and no client base. [/quote] The problem is the federal govt doesn't go after any of these grifters. Most mlms are pyramid schemes. The money is made by the top 1% from the money the new sellers have to put down to sell the product. They don't make the bulk of their money from sales. The $$$ come from bringing in more victims who hand their money over to get a piece of the action. I'd bet a lot of us know people in our lives who put down money to sell some product that they never actually sold. [/quote]
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