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Is There an Agel Scam?
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Agel is a vitamin that proclaims the benefits of Gelceuticals, a kind of gelatin that supposedly contains vitamins and nutrients. Though Agel has been approved by the FDA, the benefits of both the “gel technology” and the dietary supplements are dubious. There are lots of iffy sweeteners in it, for example. The real ethically questionable aspect of the business, however, is the legal Pyramid Scheme on which it operates.
Agel uses a variation of a Multi Level Marketing plan, or MLM, called a binary plan. This plan allows distributors to have 2 or more front-line distributors. If a distributor sponsors more than two distributors, the excess are placed at levels below the sponsoring distributor's front-line. The primary limitation is that distributors must 'balance' their two down-line legs to receive commissions.
There are those that say the Binary Plan is superior to the traditional MLM. Critics claim that both are highly unlikely to make money for anyone but the very top of the pyramid and should be avoided at all costs. |
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