The FTC allows the MLM industry to self-regulate, MLMs are not required to file ANY data with the FTC at ANY time, including data which may incriminate them. The FTC takes a hands-off approach and places the onus on the public to make any determination.
Can some one aware me on Primerica
- Thread starter InsurancePimp_
- Start date
- 11,503
The FTC also stays out of the insurance industry's affairs and lets our 50 state regulators regulate them.
Insurance industry regulators do not monitor business models, internal consumption ratios, recruitment practices, earning's claims, etc. They focus on the products but do not determine value or suitability. To put it in easy to comprehend terms, while the US DOT may examine tire quality, they do not concern themselves with people selling tires out of the back of a van at 2 a.m. in a back alley.
Can a person trip over a bag of cash containing $1M tomorrow? Absolutely. So then it all comes down to probabilities. But you seldom hear words like financial independence, generational wealth or freedom associated with those odds.
- 11,503
Oh I know. State DOI doesn't go after anyone until a consumer has been harmed.
Just look at DreamSource Consulting and Predictable Premium. Different scam, same story.
- 11,503
- 4,992
Your fault for pulling your toolbelt down & putting your screwdriver in the wrong hole or laying pipe in dirty holes
- 4,992
Hmmmm that's a real head-scratcher
I see on commercials that they have ointments for that
