Controversial YTB Court Case

August 13, 2008 | By Monika Mundell |


YTB International, based in IL, USA is currently involved in a rather controversial court case. As with many mlm companies, they are being accused of operating an illegal pyramid scheme, rather than acting like proper mlm company.

Some even go as far as calling them operators of a card mill that encourages YTB agents to score free travel or heavy reduced trips.

When you look at a recent report by the MLM Watchdog, you can see that the percentage of income on marketing commissions clearly overrides that of travel commissions. This of course looks very dodgy. As far as I can remember, legal mlm companies focus on retail, rather than commissions.

The YTB stock which is being traded over the counter has also received a heavy wake up call with it being around $1.24 on July 15th to being at $8 one year ago.

The question remains, is YTB a pyramid scam, operating under the heavy disguise of mlm, or are they unluckily caught in the fire of disgruntled ex operators - who perhaps weren’t realistic enough about going into business for themselves?

It will be interesting to see what the California Attorney General decides once the court case has been heard.

What do you think? Is YTB real? Or are they dodgy?

Tags: , , ,

Related Posts:

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.