Most MLM's Are Illegal

www.wctv.tv - Advertising company Ad SurfDaily has filed a motion to re-open its door after being shut down bythe Feds. But the U-S Attorney's office will now have extra time to respond to that request.

Attorneys for ASD asked the U-S Attorney to respond by Thursday.
But the court has given the U-S Attorney's Office until Monday to give an official response.

Inthe motion filed by A-S-D's attorneys, they say if the company isn't allowed to begin operating again, the company will soon collapse completely. ASD was raided by the Feds about two weeks ago. They saythe company was operating a money-making scheme.


"At the end of the day that'sthe only way they could ever sustain themselves is by getting new members and that's an illegal pyramid scheme. And it's not right forthem to go back and do it again. It just doesn't work that way," says McCollum.

"The court will have to look at a business and say if I don't grant you a remedy, business, you're out of business. And they may not have money to hire the lawyers to fight the litigation. So really it's a toughposition for the business owners. It appears to me the motion is well founded," adds Jansen.


Ponzi schemes promote allegedly lucrative business opportunities, when in reality there is infact no underlying profitable business to support the payments promoters say they will make to the investors/participants.

The Internet is increasingly used as a vehicle to promote each of these
typesof frauds and while Ponzi schemes have evolved with technology, the basic premise remains the same: later investors' funds are used to pay the earlier investors.