The Untold Story of Multilevel Marketing – Robert L. FitzPatrick
Play • 1 hr 7 min

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Multilevel marketing is the biggest scam on Main Street … And yet, it has the endorsement of the U.S. government and Wall Street institutions. Robert L. FitzPatrick captures the full scope of this problem in Ponzinomics: The Untold Story of Multi-Level Marketing. He sits down with host Charles Mizrahi to unpack this major financial scheme, how so many people fall victim to it and what to look out for.

Topics Discussed:

  • An Introduction to Robert L. FitzPatrick (00:00:00)
  • What Is Multilevel Marketing? (00:1:45)
  • Why People Fall for It (00:10:38)
  • Pay to Play (00:18:30)
  • Pillars of Multilevel Marketing (00:26:34)
  • Psychological Manipulation (00:36:29)
  • The Biggest Offenders (00:45:19)
  • Red Flags (00:53:36)
  • A Personal Journey (01:01:36)

Guest Bio:

Robert L. FitzPatrick is an author and authority in multilevel marketing schemes and pyramid sales fraud. He wrote the first book to critically examine the multilevel marketing industry and has been featured on NBC’s Dateline, ABC News and CBS’ 60 minutes. FitzPatrick is also the founder and president of Pyramid Scheme Alert, which exposes and prevents pyramid scheme fraud.


Resources Mentioned:

· Ponzinomics: The Untold Story of Multi-Level Marketing

· PyramidSchemeAlert.Org


Transcript:

https://charlesmizrahi.com/podcast/


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