#pyramidscheme

Scams happen in every industry. People who look for an easy way to reach success are likely to turn every business into a scam. They will be ignorant about what will be the consequences of their actions.

Contrary to other industries, when a scam happens in the MLM industry ( https://en.wikipedia.org/wiki/Multi-level_marketing ), they affect not only individuals but the public's perception of the industry. Pyramid schemes are the most damaging to the industry ( https://www.epixelmlmsoftware.com/blog/pyramid-scheme-cause-and-effect ). They pose as genuine MLM to lure consumers by promising high income and opportunity to make money faster ( https://www.thebalancesmb.com/business-is-an-mlm-scam-1794756 ). Ponzi scheme ( https://en.wikipedia.org/wiki/Ponzi_scheme ) is another scam that exploits the potential of MLM industry.

What differs MLM from illegal pyramid and Ponzi schemes? MLM involves building a network to market products and services. Pyramid propagators use this trick to trap people into believing them. They lay a trap with big claims and promising benefits. These scammers mainly utilize people who are naive and make them invest into their treachery. It will be too late before they even realize that they are losing money.

The only way of identifying this is to be vigilant about approaching business ideas. A credible MLM marketer will have a genuine product or service. The commissions are realistic with payment only upto 5 levels. They are keen on selling the products not to lure you to join your network. You can if you please but there is no compulsion on recruitment.
#pyramidscheme #epixel #mlmsoftware #pyramidselling