MLM/Networking ScamsMLM/Networking scams happen most of the time outside the house. However, they most often establish rapport through online means or through texts. They invite people to a business meeting often times asking them to dress in smart casual attire. Sounds legit? Some perform their “business meetings†on fast food restaurants from Jollibee to KFC for hours.
It Happens When: They usually won’t say what their product is about on the email but rather state that they are looking for a business partner who they can share their blessings with etc. Once you are there, you will be offered products with exorbitant prices that you then have to sell. Just imagine paying P20,000 worth of items that you could actually buy for a fraction of a price? It could be health related or even beauty products. You name it. It is also common that they use “legit†testimonials or even name drop celebrities to attest to their product’s effectiveness. Also, it is common that they show off success stories of people who stayed with them, who now drive a nice car.
How to Avoid It: Be reasonable. Who do you think would buy overpriced items? Also, can you stomach going to your loved ones selling them with goods that you know are overpriced? Also, remember that there is no short cut to success. These networking businesses typically offer fast financial security with minimal sweat, under the guise of “working smartâ€.
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