International Association to Expose, Study and Prevent Pyramid Schemes |
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January, 2022
From: Robert L. FitzPatrick
Dear Ponzinomics Readers, Colleagues and Friends,
Ponzinomics has now been available just over a year. It is the first, and remains the only, book to comprehensively examine the "multi-level marketing" phenomenon. It has received over 100 reviews and ratings on Amazon and Audible, with an average rating of 4.6, with 5 being highest. I am told reliably that other books on the subject from qualified authors are in the works – a promising development!
I take this opportunity to share some of what I have observed and learned during this first year, both about MLM itself and about responses to the book.
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Thoughts, After One Year
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The core message of Ponzinomics – that "MLM" is a calculated con and a mind-controlling cult – remains unprintable/unspeakable for most of the media. Telling the documented truth about MLM and its devastating consequences is still categorized "anti-MLM."
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Podcasts, blogs, and Reddit groups are doing what the corporate media are not yet willing or able to do – document, dramatize and expose the reality of the global MLM phenomenon. Ponzinomics has reached most of its readers in many countries only due to these courageous citizen journalists.
- Public awareness and perception of MLM as cult and scam are growing and expanding. The media are increasingly portraying MLM in a negative, even sinister light. This is due to the work of whistle blowers and "anti-MLM" activists. They are leading the media. Politicians and law enforcement will also follow, eventually.
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One of the realities – painstakingly documented in Ponzinomics – that is hardest for many people to accept is that our regulatory agencies are politically corrupted and prevented from enforcing the law or even investigating MLM. Many people cling to the notion that, somehow, regulators are unaware of the billions in losses and the tragedy of tens of millions entrapped in MLM pyramid schemes.
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Just as physical and sexual violence reverberates through families and communities for generations, MLM's insidious deception, manipulation, and misuse of relationships are producing long-term psychological and social consequences, beyond victims' financial losses. A recent investigative news article documents how MLM’s predatory recruiting has infiltrated the private and sensitive world of Dating Apps. Seekers of connection, friendship and intimacy instead meet Ponzinomics.
See:
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PONZINOMICS IN AUDIOBOOK
Narrated by the author, the audiobook is offered through:
Since its release on Nov. 30, 2021, purchases of the audio version of Ponzinomics have exceeded those of the paperback and Kindle versions combined. My thanks to those who prodded me to narrate an audio version.
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PONZINOMICS Excerpt…
(Explaining to confused journalists MLM's hallmark pay plan that sends most "commission", per transaction, directly to the hucksters far away, at the peak of the pyramid, thus dooming 99%)…
"Value (of the top recruiters) is measured by their contribution to the company’s mission.
But, what is that mission, I am asked hesitantly, betraying a dread of my answer?
It is to get them to believe. MLMs seek to capture the mind of the recruit… The more they believe and the longer they believe, the more money the company gets from them. The Black Hat recruiters play the roles of guru, the holders of ancient secrets to success… They persuade recruits that they must become like them or be doomed to live as “losers.”"
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Sincerely,
Robert L. FitzPatrick
Twitter: @pyramidalert
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