The Federal Trade Commission (FTC) today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making about their products’ ability to treat or prevent coronavirus disease or about the earnings people who have recently lost income can make, or both.
In the past weeks we’ve all been flooded with emails and scary news, much of it causing angst and confusion. Yes, this is pretty awful. But we will get through it. We will be temporarily banged up, but we will definitely get through it, together.
A federal court granted the Federal Trade Commission’s (FTC) request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives.
In a case that is sure to reverberate across the direct selling industry, AdvoCare and its former CEO are required to pay $150 million in fines for allegedly operating a pyramid scheme. Join Momentum Factor's CEO Jonathan Gilliam and prominent direct selling attorney Spencer Reese on October 9 for a webcast as they provide you concrete steps to protect your company from what could be a new FTC approach to the industry.
Inc. Magazine has recognized Momentum Factor, a leading global provider of online risk mitigation applications and services, amongst the fastest growing companies in the U.S. on its annual Inc. 5000 rankings for the third year in a row.
The bottom line for direct sellers is that if the Federal Trade Commission (FTC) loses its 13(b) authority, it loses its punch. Legitimate direct selling companies do not fear squaring off against the FTC so long as they are not blind-sided.
Momentum Factor, a leading online compliance and brand protection software and services firm, was named one of Austin's "Best Places to Work" for the second straight year by Austin Business Journal. Hundreds of companies applied for the ranks, with metrics including trust in senior leadership, career development opportunities, culture and, perks and benefits. The firm picked up the award in 2018 as well.