mlm

YTB Temporarily Lays off 49 Workers

 

I knew it was coming sooner or later!

YTB International Inc. has temporarily laid off 49 workers in an effort to stem losses, the company's CEO said. I knew what they were offering was too good to be true. What is weird is that the company says 49 layoffs is about 25% of its workforce! That means they have about 200 employees ... I thought they would have had more employes.

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The Top Scams of the Year

 

The top scams of 2009 according to the BBB:

Acai Supplements and Other “Free” Trial Offers - Ads offering trial offers for teeth whiteners, acai anti-aging pills and other miracle supplements blanket the Internet.

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Is Amway Credited as being the First MLM

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Is Amway Corp the first MLMMultilevel Marketing is selling products by using independent distributors and allowing these distributors to build and manage their own sales force by recruiting, motivating, supplying, and training others to sell products. The distributors' compensation includes their own sales and a percentage of the sales of their sales group (downline).? I have often wondered where this type of setup originated.

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FTC is Cracking Down on Get Rich Quick Schemes

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The FTC charged 15 firms as part of what it calls “Operation Short Change,” which also included 44 law-enforcement actions by federal agents and authorities in 13 states and the District of Columbia.

Here are some of the agency’s most interesting allegations:

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