FALSE PROFITS
News, Expert Research, Analysis and Commentary on
Pyramid Schemes, Ponzis and Multi-Level Marketing
by Robert L. FitzPatrick
FALSE PROFITS
News, Expert Research, Analysis and Commentary on
Pyramid Schemes, Ponzis and Multi-Level Marketing
by Robert L. FitzPatrick
False Profits, the book
Co-authored by Robert L. FitzPatrick and Joyce K. Reynolds in 1997, the first and still the only book to comprehensively examine the connection between pyramid scheme fraud and multi-level marketing companies.

Read by thousands of consumers facing solicitations from the schemes and scams that abound as “direct selling,” network marketing, gifting schemes, among other titles.
Referenced by regulators, attorneys, university professors and financial analysts seeking to understand pyramid marketing, its legality, ethics, social effects, and economic impact.
Robert L. FitzPatrick

Expert witness or consultant in more cases against pyramid schemes than any other private citizen in the USA.
Author of the False Profits Blog, an informative, incisive and sometimes humorous inquiry into the sociology, legality and economics of the current pyramid scheme epidemic.
Public Speaker to regulators and ethicists on the subject of pyramid and ponzi schemes
Authority on pyramid schemes most frequently quoted in news media including CBS 60 Minutes, BBC, New York Times, London Times, and Wall Street Journal.
Prolific writer, researcher and commentator on the expanding influence of Main Street pyramid schemes on the economy, social thought in America, government, society, churches, families, and individuals.
Robert L. FitzPatrick, 1800 Camden Rd., Ste. 107 #101, Charlotte, NC 28203
Tel: 704-334-2047 Fax: 888-334-1944 rfitzpatrick@falseprofits.com