What’s a Ponzi Scheme? [V1-N3]


What defines an illegal Pyramid Scheme and Ponzi Scheme are often used synonymously, when in fact they are very different types of illegal schemes. The MLM opportunity you are considering, or involved in, might not be a Pyramid Scheme, but may still be a Ponzi Scheme disguised as a legitimate MLM program. In this video you will learn what the difference is, and what to look for.

About Len Clements

Based in Las Vegas and Founder and CEO of MarketWave, Inc., Len Clements provides consulting, training & expert witness services for the network marketing industry. Since 1989, he has been a top producer, trainer, and consultant for multiple network marketing companies. As a well-respected icon in the MLM industry today, Len conducts Inside Network Marketing seminars throughout the world and is the author of several best-selling books and audio tapes including Inside Network Marketing (Random House), Case Closed, The Whole Truth About Network Marketing and The Coming Network Marketing Boom.