Gifting Programs - Stay Away!
This article originally appeared in
Network Marketing Business Journal,
March 2006, Volume 21 Issue 3 on page 12.
By: Gerald Nehra, Attorney at Law
Gifting Programs - Stay Away!
This issue may be off the radar for now, but do not let down your guard. I do not need to say much more about gifting programs than to quote legal documents from grand juries, prosecutors, and district attorney’s across the United States. Everything below came from such documents. I am only going to identify the states the quotes came from, and not actually name any programs, as the purpose of this article is not to attack any specific program, but to alert the reader to the inherit flaws and risks of gifting programs in general. There is NO WAY these programs can be "legalized" as legitimate direct selling programs. If you believe you should be allowed to give your money to anyone you choose, that is only true up to a point. The Regulators and prosecutors define the "point" (after which a law id broken) as the program designed expectation that you will get back more that you gave. STAY AWAY.
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Tags: Federal Trade Commission, FTC, Gerald Nehra, Gifting, illegal gifting, legal gifting, mlm articles, MLM attorney, MLM Lawyer, mlm resource, network marketing articles, ponzi, pyramid
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