Important DRA call: Legal MLMs vs. Illegal Pyramid Schemes

by louabbott on March 2, 2010

Where’s the Line?

Thursday March 4th Training Call with Len Clements and Attorney Kevin Grimes

Presented by the Association of Network Marketing Professionals (aka DRA)
Featured Trainer: Kevin Grimes, co-founder, Grimes & Reese, PLLC

Interviewed by Len Clements, founder and CEO of MarketWave Inc.As the number of network marketing companies in the U.S. continues to increase, with most estimates now topping 3,000, the line between legitimate, legal opportunities and illegal pyramid schemes isn’t becoming more blurred – it’s just being crossed far more often! And as more and more companies are being hit with civil lawsuits and FTC, SEC or FDA investigations (or worse – ABC, CBS or NBC investigations) during a period of increasing interest in our profession, it is more imperative than ever that you understand what defines an illegal pyramid!

The legal distinctions that delineate legitimate MLM programs from pyramid and ponzi scams are as distinct as ever, but such schemes are finding clever ways to disguise themselves as legal network marketing opportunities. What’s more, many opportunities today are houses of cards built on quicksand and their founders don’t even know it! They, themselves, are as ignorant of the rules as their distributors are.

In fact, several popular, successful and even admired companies are straddling that thin legal line right now, and a few have fallen squarely over it. Are you involved in one of them?

“If you go through your M.L.M. career with blinders on,
sooner or later you’re going to get blindsided”

Please get on this call and let M.L.M. attorney and legal expert Kevin Grimes help you take the blinders off!

The call will begin at 5:30 pm PST (8:30 pm EST), this Thursday, March 4th.

Call 712-432-1000, enter code 569864201#.

Thanks for your support of the ANMP training calls, and your commitment to our great profession.

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{ 3 comments… read them below or add one }

Mary Guariglia March 3, 2010 at 4:56 pm Thumb up 0 Thumb down 0

Sounds like a “don’t miss” call! TY guys! I’ll be there!

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Len Clements March 3, 2010 at 1:40 pm Thumb up 0 Thumb down 0

Thanks for the support, Lou.

Len

Reply

louabbott March 3, 2010 at 1:52 pm Thumb up 2 Thumb down 0

Of course! Important topic for all network marketing professionals to get a firm grasp on.

Reply

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