The Stop the Amway Tool Scam Radio show with Scott Johnson and Peter Mingils explains some of the Receivership's and Crypto and Blockchain and Node Deals

On this episode, Scott Johnson and Peter Mingils discuss the reporting of the receivership's asset collection for the owners of Iyovia, previously known as I Markets Live or IM Academy.

Peter Mingils also discusses Danny de Hek and the Avengers in battling scrypto scams and recent infiltration into companies promoting cryptocurrencies. People like him and Julie Anderson do a "good" job of bring all kinds of information to the public.

You can see more of what Scott Johnson has on https://www.facebook.com/stoptheamwaytoolscam

The Amway tools scam is a hidden profit scheme within the Amway multi-level marketing (MLM) structure that exploits distributors, often leaving them with financial losses instead of the promised wealth. Amway, a well-known MLM company, markets health, beauty, and home products through independent business owners (IBOs). While the company emphasizes product sales, the real money for top-tier distributors, often at the Diamond level or above, comes from selling motivational "tools” like books, tapes, seminars, and rallies, not from product sales. These tools, promoted as essential for success, create a separate revenue stream that disproportionately benefits upline leaders while draining the profits of lower-level distributors.Distributors are pressured to purchase these overpriced tools, often costing hundreds or thousands annually, with promises of learning the secrets to building a lucrative Amway business. However, studies and lawsuits reveal that 99% of Amway distributors lose money, with average earnings below $100 monthly after expenses. The tools business, controlled by high-ranking distributors like Dexter Yager, generates millions for the elite, who earn significant markups on items like cassette tapes sold at rallies for up to $10,000 a night in cash. Meanwhile, new recruits face high startup costs—starter kits, training sessions, and product samples—further eroding their profits. This creates a pyramid-like structure where uplines profit from downlines' purchases, not retail sales, resembling an illegal scheme.

The post Stop The Amway Tool Scam Scott Johnson on Iyovia Receivership and Crypto in MLM on Building Fortunes Radio with Peter Mingils appeared first on Building Fortunes Radio Network.