MLM or Network Marketing are a common business tactic. You would be called to an event where you would be given a great business prospect to recruit your friends and make money. This is often also referred to as a pyramid scheme. MLM or multi level marketing is often a scam and people lose money in this.
So how can you identify and protect yourself from network marketing? In this video we will understand the basics of how this scam works and how people get trapped in them. There are several popular MLM or Network Marketing companies in India like Oriflame, Amway, Herbalife, Modicare, RCM, Safe Shop etc. But there are 100s more that are not known to us and you will keep hearing about them from your friends and family. There is no full proof way to keep yourself safe except for knowing the warning signs of these businesses.
This interview with Mr. Muraza Amin will highlight many such scams, his personal experiences with companies like eBiz and his campaign to save youngsters from going into these schemes.
