The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or firstname.lastname@example.org) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "part-time brokers" ...
"The World Marketing Alliance's nearly 11,000 licensed securities brokers comprise the fourth-largest broker sales force in the country, yet the company passes under the radar of most journalists ... Unlike its better-known financial peers, the company applies an Amway-like sale structure that often runs counter to investors' best interests. To support the layered compensation structure, brokers must sell high commission products. And to earn more money, brokers must recruit other brokers, a system that fosters a decentralized sales culture in which rogue brokers can operate undetected."
Tags: part-time brokers; pyramid scheme; Ponzi scheme; "compound recruiting"; investments; motgages; Internet services; scam; WMA; Morman Church; varible universal life; VUL; fraud; "selling away"; Zillionaire.com; Amway; bankruptcy; Securities and Exchange Commission; SEC; insurance; mutual funds