How MLMs Have Gotten Even More Dangerous Since COVID

In this episode, Chelsea dives into how MLMs (and girlboss culture) have gotten even worse since COVID, from unscientific claims to predatory recruitment practices.

TFD's other episodes on MLMs:



MLM definition: https://www.investopedia.com/terms/m/multi-level-marketing.asp

The ugly history of MLMs: https://medium.com/anti-dote/the-dirty-ugly-history-of-mlms-2930f3ab9dec

FTC stats: https://www.ftc.gov/sites/default/files/documents/public_comments/trade-regulation-rule-disclosure-requirements-and-prohibitions-concerning-business-opportunities-ftc.r511993-00008%C2%A0/00008-57281.pdf

FTC letter: https://www.consumer.ftc.gov/blog/2020/04/ftc-sends-covid-related-warnings-mlm-companies

MLMs profiting off COVID: https://time.com/5864712/multilevel-marketing-schemes-coronavirus/

Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc

The Financial Diet site: http://www.thefinancialdiet.com

Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en