What is Multi-Level Marketing and is it legal?
Multi-Level Marketing (MLM), is more commonly known as a pyramid scheme. One person gets five to join, and they each get five, and so on. The few people at the top of the pyramid benefit from the work of the many people at the bottom. Making money through MLM is never as easy as the letters let on. To be successful, you have to buy mailing lists, postage, stationery, etc., and you have to devote several hours each day to sending and receiving mail. No matter what the letters about them may claim, pyramid schemes are illegal if they ask you to send money for nothing of equivalent value in return.
