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Scott Johnson and Peter Mingils talk about LulaRoe MLM founder death and Salt Lake City Tribune, Air AI and FTC and Youtubers on Stop The Amway Tool Scam Building Fortunes Radio

 
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Manage episode 514581432 series 3648685
เนื้อหาจัดทำโดย Building Fortunes Radio Network เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดหาให้โดยตรงจาก Building Fortunes Radio Network หรือพันธมิตรแพลตฟอร์มพอดแคสต์ของพวกเขา หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่แสดงไว้ที่นี่ https://th.player.fm/legal

The Stop the Amway Tool Scam Radio show with Scott Johnson and Peter Mingils have a conversation about LuLaRoe, Roger Ver, George Santos and Air AI complaint by FTC

On this episode, Scott Johnson and Peter Mingils start the radio show explaining about MLM and the Tool Scam associated with it. Then we speak about the founder of LuLaRoe who passed away at the age of 68. The four part documentary about LuLaRoe is available to watch on Amazon Prime's Video. This is an interesting article in the Salt Lake City Tribune.

https://www.sltrib.com/religion/2021/09/16/jana-riess-lularoe-shadow

Peter also brought up the FTCV action against a company overpromising AI Sales and Sales agents. here's to AI sales agents and promises (done wrong):

https://thefederalnewswire.com/stories/674987102-ftc-sues-air-ai-over-alleged-deceptive-practices-targeting-small-businesses

Hmm, who would think something might go wrong with these types of marketing ideas

The FTC Complaint:

https://www.ftc.gov/system/files/ftc_gov/pdf/Air.ai-Complaint.pdf

You can see more of what Scott Johnson has on https://www.facebook.com/stoptheamwaytoolscam

The Amway tools scam is a hidden profit scheme within the Amway multi-level marketing (MLM) structure that exploits distributors, often leaving them with financial losses instead of the promised wealth. Amway, a well-known MLM company, markets health, beauty, and home products through independent business owners (IBOs). While the company emphasizes product sales, the real money for top-tier distributors, often at the Diamond level or above, comes from selling motivational "tools” like books, tapes, seminars, and rallies, not from product sales. These tools, promoted as essential for success, create a separate revenue stream that disproportionately benefits upline leaders while draining the profits of lower-level distributors.Distributors are pressured to purchase these overpriced tools, often costing hundreds or thousands annually, with promises of learning the secrets to building a lucrative Amway business. However, studies and lawsuits reveal that 99% of Amway distributors lose money, with average earnings below $100 monthly after expenses. The tools business, controlled by high-ranking distributors like Dexter Yager, generates millions for the elite, who earn significant markups on items like cassette tapes sold at rallies for up to $10,000 a night in cash. Meanwhile, new recruits face high startup costs—starter kits, training sessions, and product samples—further eroding their profits. This creates a pyramid-like structure where uplines profit from downlines' purchases, not retail sales, resembling an illegal scheme.

The post Scott Johnson and Peter Mingils talk about LulaRoe MLM founder death and Salt Lake City Tribune, Air AI and FTC and Youtubers on Stop The Amway Tool Scam Building Fortunes Radio appeared first on Building Fortunes Radio Network.

  continue reading

25 ตอน

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iconแบ่งปัน
 
Manage episode 514581432 series 3648685
เนื้อหาจัดทำโดย Building Fortunes Radio Network เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดหาให้โดยตรงจาก Building Fortunes Radio Network หรือพันธมิตรแพลตฟอร์มพอดแคสต์ของพวกเขา หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่แสดงไว้ที่นี่ https://th.player.fm/legal

The Stop the Amway Tool Scam Radio show with Scott Johnson and Peter Mingils have a conversation about LuLaRoe, Roger Ver, George Santos and Air AI complaint by FTC

On this episode, Scott Johnson and Peter Mingils start the radio show explaining about MLM and the Tool Scam associated with it. Then we speak about the founder of LuLaRoe who passed away at the age of 68. The four part documentary about LuLaRoe is available to watch on Amazon Prime's Video. This is an interesting article in the Salt Lake City Tribune.

https://www.sltrib.com/religion/2021/09/16/jana-riess-lularoe-shadow

Peter also brought up the FTCV action against a company overpromising AI Sales and Sales agents. here's to AI sales agents and promises (done wrong):

https://thefederalnewswire.com/stories/674987102-ftc-sues-air-ai-over-alleged-deceptive-practices-targeting-small-businesses

Hmm, who would think something might go wrong with these types of marketing ideas

The FTC Complaint:

https://www.ftc.gov/system/files/ftc_gov/pdf/Air.ai-Complaint.pdf

You can see more of what Scott Johnson has on https://www.facebook.com/stoptheamwaytoolscam

The Amway tools scam is a hidden profit scheme within the Amway multi-level marketing (MLM) structure that exploits distributors, often leaving them with financial losses instead of the promised wealth. Amway, a well-known MLM company, markets health, beauty, and home products through independent business owners (IBOs). While the company emphasizes product sales, the real money for top-tier distributors, often at the Diamond level or above, comes from selling motivational "tools” like books, tapes, seminars, and rallies, not from product sales. These tools, promoted as essential for success, create a separate revenue stream that disproportionately benefits upline leaders while draining the profits of lower-level distributors.Distributors are pressured to purchase these overpriced tools, often costing hundreds or thousands annually, with promises of learning the secrets to building a lucrative Amway business. However, studies and lawsuits reveal that 99% of Amway distributors lose money, with average earnings below $100 monthly after expenses. The tools business, controlled by high-ranking distributors like Dexter Yager, generates millions for the elite, who earn significant markups on items like cassette tapes sold at rallies for up to $10,000 a night in cash. Meanwhile, new recruits face high startup costs—starter kits, training sessions, and product samples—further eroding their profits. This creates a pyramid-like structure where uplines profit from downlines' purchases, not retail sales, resembling an illegal scheme.

The post Scott Johnson and Peter Mingils talk about LulaRoe MLM founder death and Salt Lake City Tribune, Air AI and FTC and Youtubers on Stop The Amway Tool Scam Building Fortunes Radio appeared first on Building Fortunes Radio Network.

  continue reading

25 ตอน

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