A new post about pyramid schemes on UnhappyFranchisee.com dissects the sales pitch of one alleged scam (YourTravelBiz.com) and contrasts it with the reality of the situation – all in nifty chart format.  Check it out:
How to See Through the Pyramid Schemer’s Sales Pitch (YTB INTERNATIONAL)

If you’re not familiar with the term, a pyramid scheme is a business scam that generates money primarily by enrolling other people into the scheme, without any product or service being delivered. Eventually, the whole scam collapses under weight of its own deception, and everyone but those at the very top (who made a ton of …read more

Related:  YTB INTERNATIONAL: YourTravelBiz.com Defenders Say It’s Not a Scam
YTB INTERNATIONAL: Is YourTravelBiz.Com a Pyramid Scheme?
Is YTB International, YourTravelBiz.Com a Scam?
COMPLAINT:  California v. YourTravelBiz.com, YTB Document
According to STLtoday.com, the California Attorney General is suing the YTB International,  franchisor of YourTravelBiz.com, for $25 million in fines and restitution. 
According to the complaint:
“…While Defendants purport to be in the business of selling travel, their real business is the operation of a pyramid scheme that relies on the sale of essentially worthless websites they refer to as “online travel agencies.” For the opportunity to own and operate an online travel …read more

(FranchisePick.Com)  Related:  YTB INTERNATIONAL: Is YourTravelBiz.Com a Pyramid Scheme?
Is YTB International, YourTravelBiz.Com a Scam?
Is YTB International’s YourTravelBiz.com business opportunity a Ponzi-type investment scam?  Or is it the victim of an unfair, politically motivated smear campaign.
California Attorney General Jerry Brown’s vote:  Scam.
According to STLtoday.com, the Californis Attorney General is suing the company for $25 million in fines and restitution.  The AG accuses YourTravelBiz.com, a subsidiary of YTB International, “of recruiting tens of thousands of members with misleading promises that they’d earn large sums of money selling travel online to friends and acquaintances. Agents pay YTB a $499 fee to join, …read more

(FranchisePick.Com)  This past August, STLToday reported on the charismatic leader of YTB International whipping his YourTravelBiz.com “agents” into a frenzy at their sales meeting in St. Louis:
“I believe we’ve become the hope for tens of thousands of people pursuing their dreams,” said Chief Executive J. Scott Tomer. “We’re going to become the hope for millions of people around the world.”
The 18,000 roared.
But is the hope that YTB is selling a false one?
Is it offering a tremendous opportunity? Or just peddling an illusion?
Those are the questions facing the Wood River-based travel company, which is led by a small-town pastor turned …read more