Trade Regulation Rule on Disclosure Requirements and Prohibitions Concerning Business Opportunities - FTC File No. R511993 #00008 

Submission Number:
00008 
Commenter:
Jon Taylor
Organization:
Consumer Awareness Institute
State:
Utah
Initiative Name:
Trade Regulation Rule on Disclosure Requirements and Prohibitions Concerning Business Opportunities - FTC File No. R511993

RE: Serious problems with the latest staff report – especially in the light of new information – and a #10,000 challenge, Part 2 Attached is Chapter 7 from my new e-book “The Case for and against Multi-level Marketing.” Any FTC staff members reading this with an open mind and who have basic background in accounting and statistics will have to agree that the book provides solid evidence that massive fraud is occurring in the MLM industry. Of course, it will be necessary to review prior chapters to fully understand the bases for the calculations in Chapter 7.