How IM Academy Made $600 Million with a Pyramid Scheme While Their Traders are Losing Money
How IM Academy Made $600 Million with a Pyramid Scheme While Their Traders are Losing Money

Multi-level marketing companies have been around for a while now, it’s a lawful and legitimate business method in which members can earn income through a commission-based sales system.

Generally, MLM companies sell products or services, and members earn a commission for every sale they make.

While this sales structure is similar to that of traditional businesses, MLM companies differ in that they rely heavily on recruitment to grow their sales force.

On the other hand, pyramid schemes are illegal financial scams masquerading as Multi-level marketing.