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August 23, 2003
Interesting paragraph from the Motley Fool
By QBlog in
This story about some fraudulent credit-repair businesses has an interesting paragraph about MLMs and Amway specifically.
"First, a few words about these 'companies.' ICR Services is not a credit counseling company, but, rather, a 'premiere marketing company' as stated by the recorded operator you hear if you call headquarters. In other words, this is a 'multi-level marketing' operation -- think Amway. Yes, some of these systems are respectable (for example, every parent should check out Usborne Books), but many focus on acquiring new representatives first, serving customers second."Just think it's interesting to see the context in which Amway (or Quixtar) is mentioned in unrelated articles.