By Dan Mitchell, MLM Blog Correspondent
Nadine Godwin at Travel Weekly has a very balanced article about the YTB shenanigans.
Here's an excerpt:
When California sued YTB last summer, Attorney General Edmund G.
Brown Jr. said he wanted to put the multilevel marketer out of business
because it was operating an illegal pyramid scheme and deceiving the
public about the income potential for participants.
Though the
recently announced settlement in the California case by no means puts
YTB out of business, it will significantly reshape the company by
pushing it in the direction of a travel franchise operation,
de-emphasizing its multilevel marketing division and making it less
lucrative.
Yet, despite Brown’s victory cries, the settlement
failed to produce a court ruling that answered the root question: Was
YTB guilty of operating an illegal pyramid scheme?
Nevertheless,
with the ink barely dry on the California settlement, Illinois jumped
on the bandwagon. A suit filed this month in the state’s courts also
accuses YTB of running an illegal pyramid scheme.
It is a charge
the company has consistently denied. But determining which side is
right depends on what differentiates a legitimate multilevel marketing
model, also known as an MLM or network marketing model, from an illegal
pyramid scheme.
Read the whole story…
