Doesn't have to be thousands of dollars. Just a thing you spent money on that turned out to be a complete waste.

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[–] 82 points 1 month ago (4 children)

Got convinced by someone I very much trusted to join an MLM as a 19 or 20 year old. After my parents learned about it, they were able to talk some sense into me, and I realized I was part of a pyramid scheme. I got out and basically broke even, which was honestly the best possible outcome of that whole scenario. It unfortunately degraded my relationship with the person who convinced me to join, and I never really could fully trust them after that.

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  • [–] 11 points 1 month ago (3 children)
  • [–] 9 points 1 month ago (2 children)

    It was Stream Energy/Ignite Inc. The energy markets in many US states are open to suppliers other than the utility companies. Ignite/Stream offered bad utility rates with pyramid scheme marketing tactics and eventually were sued. Complaint here

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  • [–] 6 points 1 month ago (1 child)

    Woah. That's not your typical belly wraps, Tupperware, or make-up mlm.

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  • [–] 4 points 1 month ago

    That's part of what made it sound good at first. It sounded like a unique opportunity with a "legitimate" company, and I was too young and inexperienced to really understand the implications of it, especially when coming from someone I had known for over a decade and really trusted.

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