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2024-12-28 23:55:41
Patrick Bet-David made his money by founding a predatory multi-level marketing pyramid scheme which he then used to market himself as a business guru on YouTube. He is essentially a scam artist. [Link]
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2024-12-31 01:20:12
NNN, PBD expresses their opinion. In addition, multi-level marketing (MLM) does not strictly equate to a pyramid scheme. They are legal MLM’s that still operate today. They’re many MLM’s that operate in the U.S.A that abide by rules set by the Federal Trade Commission. [Link] [Link]
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2024-12-31 02:48:12
PHP’s income appears to come from fees paid by the recruits themselves, according to complaints filed with the Better Business Bureau... someone had persuaded them to join their insurance team and pay $150 for “training material,” plus a monthly recurring fee of $14.95. [Link]
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2024-12-31 05:36:00
Patrick Bet-David ran an insurance company, PHP, that operated as a multilevel marketing agency (MLM). An MLM has a structure that is similar to a pyramid scheme, though an MLM is technically legal so long as they sell an actual product. [Link] [Link]
CURRENTLY_RATED_HELPFUL(40-2-22)
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2024-12-31 10:02:33
According to former agents of Patrick Bet David's company, PHP Agency, it operates as a pyramid scheme. All new agents are heavily pushed to sign up 25 new agents and sell them a life insurance policy. Then get those new agents to sign up 25 more members: [Link]
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2024-12-31 12:37:54
OP states an opinion. Opinions about OP belong in the comments.
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2024-12-31 23:13:52
NNN OP is expressing personal & the CNs are irrelevant to the post. Take your opinions to the comments.
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