As we always say -  we are not experts, but this week we hope we can shed a little light on how to spot a pyramid scheme! The gals are covering what a pyramid scheme is, how they differ from Ponzi schemes and MLMs, and how to avoid getting roped into one! Ryann is spilling the tea with an insider’s perspective as Morgan ponders how likely it is that they could fall for a pyramid scheme. Tune in this week for an interesting conversation on shady business dealings, some of our own experiences with pyramid schemes, and a little tidbit of true crime! As always, join us on YouTube for the visual conversation. Language access provided!

Check us out every Monday! And don’t forget to join the conversation @wrongthepodcast on Instagram! 

Hosted by Ryann Perkins & Morgan Morrison

Interested in the research? Check out the following: 

https://www.investopedia.com/insights/what-is-a-pyramid-scheme/

https://www.investopedia.com/ask/answers/09/ponzi-vs-pyramid.asp

https://www.moneycrashers.com/multi-level-marketing-mlm/

https://www.legalscoops.com/the-most-famous-pyramid-schemes-in-the-history-of-the-u-s/

https://www.magnifymoney.com/blog/small-business/how-to-avoid-pyramid-schemes/