4.

“MLMs/pyramid schemes.”

“The amount of Facebook posts I see that are like ‘join my book exchange! Send six books, get 36 back!’ (variations include wine bottles, kids’ toys, etc.) tells me pyramid schemes are, unfortunately, not going anywhere. People are not smart enough to realize these are LITERALLY the definition of a pyramid scheme.”

—u/unfinished_diy

“COVID resulted in such an alarming rise of MLMs and other ‘entrepreneur’/’be your own boss’/’girl boss’ on social media that it honestly is mind boggling. Ironically, and unsurprisingly, every person I know that got into one of these during COVID has gone onto a different, more stable job, but did so only after going into debt pretty heavily.”

—u/PosXIII

Source: https://www.buzzfeed.com/lizmrichardson/scams-industries-that-shouldnt-exist