DON'T FALL FOR FOREX MLM SCAMS: THE TRUTH
Channel: Cruel World Happy Mind
Date: 2020-12-03

Forex MLMs are a scam that prevails successfully because of it's ambiguity & allure. This scam prevails through targeting young individuals and giving them the hope that they can get rich off of the stock market with very little effort and time on their part. This MLM is particularly interesting to me because instead of selling a tangible product, forex mlms sell courses and require all members to participate in a costly membership ($100-$200 per month!!) The hype surrounding forex mlms is bizarre and I wanted to analyze what forex mlms are and why they must be stopped.

Patreon:
https://www.patreon.com/user?u=41981007
TeeSpring:
https://teespring.com/stores/cruel-world-happy-mind

Resources:
truthinadvertising.org - What You Should Know About iMarketsLive
Medium- Forex as a Pyramid Scheme
Institutional Investor- Is This Company a Forex-Trading Pyramid Scheme?
Videos:
xoReni- THE TRUTH ABOUT IML FOREX: Is iMarketsLive IML a Scame? My Experience...
AshaKosh- My Dumb A.. got SCAMMED by FOREX Lost $500
TraderNick- Forex Multi Level Marketing Companies: The TRUTH Revealed
Doyle Exchange- iMarketsLive (IML) / IM MASTERY Academy | HONEST REVIEW 2020

Chapters
0:00 Intro
3:03 What is Forex?
6:16 Forex MLMs Explained
9:00 iMarketsLive
14:43 iMarketsLive=Scam?
19:39 Income Claims
27:24 iMarketsLive Distributors
30:52 Final Thoughts
33:24 Conclusion

INSTAGRAM: @cruelworldhappymind