By Dan Mitchell, MLM Blog Correspondent
The Direct Selling Association (DSA) has issued a statement in response to the final judgement and permanent injunction in The State of California v. YourTravelBiz.com.
Here's an excerpt:
The DSA Code of Ethics is the basis of a self-regulatory program designed by DSA to outline and enforce the use of ethical business practices by member companies of the association. Among its provisions, the Code prohibits unsubstantiated earnings claims and unfair or deceptive sales and recruiting practices. Additionally, while the judgment in this case did not identify YTB as such, the attorney general’s press release repeated that office’s original assertion that the company is pyramid scheme. Both the Code of Ethics and the law identify pyramid schemes as illegal and such operations are not permitted to be members of the Direct Selling Association. DSA’s Independent Code Administrator is currently reviewing the 23-page consent order to identify any violations of the Code not already addressed by the requirements of the judgment.
Read the complete statement…