International Fraud Awareness Week 2018
Like every year, ACFE is celebrating the International Fraud Awareness Week to promote anti-fraud awareness and education. This year November 11-17 is being celebrated as International Fraud Awareness Week.
So, what is Fraud?
Recently an old friend tried to sell me a unique business opportunity, like once in a lifetime opportunity by making me a member of Amway. For those of who don’t know Amway, it’s a multilevel marketing (MLM) company, dealing in dietary supplements.
What is Multilevel Marketing?
Multi-level marketing is a strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits’ sales; the recruits are known as a distributor’s “downline.” All distributors also make money through direct sales of products to customers. (Investopedia)