MLMs and Pyramid Schemes: What You Need to Know Before Signing On (Online)

Being able to sit in your PJs all day while you work from home with a schedule you set for yourself sounds great, right? Today, there are more and more opportunities to work for a multi-level marketing company and do just that.

Many of us are getting our social media news feeds bogged down with these opportunities - “Check out this New Skincare Line, it’s All Natural!” or “Looking to Make Some Extra Money?” However, be careful when thinking about taking the leap and signing up for the convenience of being your own boss. The products may be good and you may want to support your friend, but not all opportunities are created equal, and some might just be scams designed to steal your money.

It’s important to understand the difference between multi-level marketing and illegal pyramid schemes.

Participants will learn:

• What is the difference between MLM and a potential Pyramid Scheme
• What points should be taken into account when considering investing in an MLM for employment or secondary income
• What Maryland's top work from home and employment scams are
• Tips to avoid being "ripped off"

Presented by Angie Barnett, President/CEO, BBB of Greater MD

ABOUT ANGIE BARNETT

Angie’s background includes 15 plus years experience serving in executive roles for non-profit organizations prior to her arrival at BBB of Greater MD. She assumed the leadership position as President/CEO of Better Business Bureau of Greater Maryland in March, 2006. BBB, whose mission is to foster and build marketplace trust, has 3000 accredited businesses and as such, ranks as one of Maryland’s largest business organizations.