Birdwatch Note Rating
2024-12-31 05:36:20 UTC - HELPFUL
Rated by Participant: 50553D47FEDC64BACAF486A57A504C024E65F59E22F276AFF87DF3E52F20869D
Participant Details
Original Note:
Patrick Bet-David ran an insurance company, PHP, that operated as a multilevel marketing agency (MLM). An MLM has a structure that is similar to a pyramid scheme, though an MLM is technically legal so long as they sell an actual product. https://thespectator.com/topic/inside-unlikely-success-patrick-bet-david/ https://www.localmemphis.com/article/money/business/pyramid-scheme-or-not-a-pyramid-scheme-a-closer-look-at-php-agency-people-helping-people-agency-multi-level-marketing/522-645f3fe7-e97d-4954-a31e-12926e6b73ea
All Note Details