Robert FitzPatrick (@pyramidalert) 's Twitter Profile
Robert FitzPatrick

@pyramidalert

Pres. of PyramidSchemeAlert.org, author of “PONZINOMICS, the Untold Story of Multi-Level Marketing”

ID: 172395654

linkhttp://www.pyramidschemealert.org calendar_today29-07-2010 16:21:37

127 Tweet

1,1K Followers

62 Following

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I'm very pleased to team up with veteran educator, teacher-advocate Melissa Milner to produce the first education-oriented (specifically for schools, parents & teachers) podcast on MLM realities & consequences. PONZINOMICS101, Lesson 1, launches June 5. x.com/ponzinomics101…

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As crypto and stock “values” suddenly vanish, delusions of Ponzi economics become obvious. Listeners of Alpha Investor Charles Mizrahi’s discussion of PONZINOMICS learn how disguised pyramids, called “MLMs,” ravage Main Street and scam Wall Street. charlesmizrahi.com/podcast/podcas…

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To know what MLM is, you first need to know what real direct selling is. But millions don’t know, enabling MLM's scam disguise to entrap them. ponzinomics101.com

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The truth about Big Lies: Rational, smart people repeat them if the Lies are backed by powerful figures. It’s not Gullibility. The Big Lie is required for admission near power. Calling BS gets you shunned/cast out. MLM's Big Lies have powerful backers. conta.cc/3u91Fbg

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More on MLM’s (& all) BIG LIES: Claims so grandiose and outrageous – e.g., unlimited income, total fulfillment – few imagine anyone would dare assert them if untrue. BIG TRUTH: Reality behind BIG LIES that for some is so disruptive to hope, belief or status they won't face it.

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Newsweek Mag. reports on Reddit post going viral on MLMs invading dating apps. PONZINOMICS referenced on MLM patterns of deception. newsweek.com/pyramid-scheme… NW cites earlier Bustle investigation of MLM dating app abuse that also references PONZINOMICS: bustle.com/wellness/mlm-r…

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NYTimes & WP report Devos/Trump rift for control of MI Repub party. Other media report their ongoing political ties. But, no media report Trump’s & DeVos’ mutual business interest — MLM pyramids. Trump: top-paid MLM promoter for 10 yrs. DeVos = Amway. pyramidschemealert.org/an-untold-stor…

ponzinomics101 (@ponzinomics101) 's Twitter Profile Photo

"Fabulous business opportunity!" "Full time pay for part time work!" In our first two episodes, we established that MLMs are NOT direct selling. So what exactly are they? We explore that in this episode. Available Friday, 8/12 at ponzinomics101.com and on podcast platforms.

"Fabulous business opportunity!" "Full time pay for part time work!" In our first two episodes, we established that MLMs are NOT direct selling. So what exactly are they? We explore that in this episode. Available Friday, 8/12 at ponzinomics101.com and on podcast platforms.
Robert FitzPatrick (@pyramidalert) 's Twitter Profile Photo

What happened to good regulators? Revolving doors, silence & protection of MLMs dominate regulation now. With passing of Bruce Craig, we lost perhaps the last good regulator. Craig sued Amway & never stopped truth-telling on MLM pyramids. R.I.P., Bruce. conta.cc/3T4ogkm

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MLM legality is only “de facto.” It's based on “direct selling” disguise & regulatory capture. Its rapacious behavior - endless chain, false income promises, hiding losses, pyramid recruiting, selling fake “distributorships” - has no lawful basis. See: conta.cc/3cLtn8U

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As they say, “Want the truth? Read fiction.” A new novel says what news, FTC, and academia don’t (won’t). “Broke Georgia Goes Multi-Level” shows MLM wrecking careers, hopes and relationships, disguised as “gig”, “sales”, “income”, and valid work. amazon.com/Broke-Georgia-…

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Crypto & MLM. Same con? Both claim magical “chains”, block & "endless"; infallibility; disrupt institutions, money & work; value comes from more investors. Neither does what it says, “currency”, “direct selling.” Must believe, even after you lose. pyramidschemealert.org/mlm-and-crypto…

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Drop Crypto’s preposterous “currency” identity, and the leering faces of Ponzi & Madoff stare right at you. Same for MLM. Remove the absurd “business opportunity” mask. Look past the silly products. A lurking pyramid-predator is in plain sight.

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Bill Ackman’s unfounded, disjointed “crypto" commentary is, sadly, diminishing his earlier fact-based exposure of multi-level marketing (Herbalife). Big Lies gain, regardless of facts & revelations, when the truth-tellers soil their own trustworthiness. forbes.com/sites/johnhyat…

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Occupationally, MLMers are homeless. Despairing of opportunity, they seek shelter from dead-end jobs, foreclosed futures. MLM is like living in tents, under bridges. Recruiting = panhandling. Declining economics fuel MLM despite loss and fraud. pyramidschemealert.org/whats-driving-…

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WP article traces “Fake it till you make it” meme to 1970s origins in multi-level marketing pyramid schemes; escaping into mainstream as a “business model” influencing toxic mortgages, crypto scams, fake pharma, Wall Street Madoffs, Santos-style politics. washingtonpost.com/opinions/2023/…

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It is now a global movement, yet ANTI-MLM has not made its own, unifying "Declaration" of what MLM is, and what to do about it. Irrefutable evidence of MLM's identity and scale of harm keeps mounting. To advance dialogue, I offer an "ANTI-MLM Declaration" pyramidschemealert.org/what-mlm-is-an…

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Why are MLM leaders Narcissists? Scam requires pretense to hold “secret” knowledge of wealth/happiness; to lie & falsely promise incessantly; to deserve adulation; to always want more; no remorse for harm caused; to con 24/7 even with family. Only extreme narcissists can do this.

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“DIRECT SELLING, a Nonfiction Fable”, the new book on reality of direct selling and MLM’s false identity, now published: conta.cc/3CrYRtQ History of MLM’s true origins: pyramidschemealert.org/mlm-is-not-and…

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A visit to Amway “Headquarters," Ada, MI — surreal, Orwellian, chilling. Loss, churn & cultism concealed. What Amway (MLM) is NOT – direct selling – is laughably obvious. Silly products (toothbrushes?), insane prices (500% over market), a sinister parody. pyramidschemealert.org/the-surreal-ex…