The Financial Diet

How MLMs Have Gotten Even More Dangerous Since COVID (2021x23)

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In this episode, Chelsea dives into how MLMs (and girlboss culture) have gotten even worse since COVID, from unscientific claims to predatory recruitment practices. TFD's other episodes on MLMs: https://www.youtube.com/watch?v=ExxkmJAa0DQ https://www.youtube.com/watch?v=Xc-fBzN32Ns& https://www.youtube.com/watch?v=pdpCZegq3bU& MLM definition: https://www.investopedia.com/terms/m/multi-level-marketing.asp The ugly history of MLMs: https://medium.com/anti-dote/the-dirty-ugly-history-of-mlms-2930f3ab9dec FTC stats: https://www.ftc.gov/sites/default/files/documents/public_comments/trade-regulation-rule-disclosure-requirements-and-prohibitions-concerning-business-opportunities-ftc.r511993-00008%C2%A0/00008-57281.pdf FTC letter: https://www.consumer.ftc.gov/blog/2020/04/ftc-sends-covid-related-warnings-mlm-companies MLMs profiting off COVID: https://time.com/5864712/multilevel-marketing-schemes-coronavirus/ Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en