Robert L. FitzPatrick explained

Robert Lawrence FitzPatrick is an author. He serves as president of Pyramid Scheme Alert, a consumer organization to confront the abuses of pyramid schemes.[1]

Biography

Early career

Fitzpatrick's interest in pyramid schemes was sparked in the 1980s when he joined a business with a multi-level, direct-sales model. While Fitzpatrick didn't lose money, he did witness first-hand how one could get sucked into what he called "delusional behavior".[2]

Author

FitzPatrick is the co-author of the self-published book False Profits: Seeking Financial and Spiritual Deliverance in Multi-Level Marketing and Pyramid Schemes,[3] a 1997 critical book that examines the multi-level marketing industry. He has followed it up with his book Ponzinomics: The Untold Story of Multi-Level Marketing.[4]

Speaker

FitzPatrick has been featured on Fraud Squad TV,[5] ABC World News[6] and WTTW's Chicago Matters.[7] He has been interviewed live on CBC's Marketplace.[8] He has been quoted in newspapers and journals, including The Wall Street Journal[9] [10] and The New York Times.[11]

External links

Notes and References

  1. http://pyramidschemealert.org/about-2/board-of-directors/robert-fitzpatrick/ Robert FitzPatrick | Pyramid Scheme Alert
  2. Web site: Multi-Level Marketing Critic: Beware 'Main Street Bubble'. CNBC. 9 January 2013.
  3. Web site: False Profits - Robert L FitzPatrick - Book - Barnes & Noble . 2009-11-26 . Barnes & Noble.
  4. https://pyramidschemealert.org/ Pyramidschemealert website
  5. Web site: Fraud Library - Pyramid & Ponzi Schemes Fraud . 2009-11-26 . Fraud Squad TV.
  6. Web site: ABC News - Multimillion Dollar Scam Exploits Women. 2009-11-26 . ABC World News Archive . https://web.archive.org/web/20040803201247/https://abcnews.go.com/sections/wnt/DailyNews/gifting_scam021101.html . 2004-08-03.
  7. Web site: WTTW Chicago Matters - Money Talks - Is It a Pyramid Scheme . 2009-11-26 . WTTW Archive . https://web.archive.org/web/20091106000652/https://www.wttw.com/main.taf?p=1,17,1,4 . 2009-11-06 . dead .
  8. News: Easy Money - Buying Into the Pitch to Become Rich - CBC News Marketplace . 2009-11-26 . CBC Marketplace.
  9. News: 28 January 2009. In Echoes Of Madoff, Ponzi Cases Proliferate (1-28-2009). dead. https://web.archive.org/web/20150919102942/http://www.wsj.com/articles/SB123310397888922265. 2015-09-19. 2009-11-26. The Wall Street Journal. Stecklow. Steve.
  10. News: Online 'Autosurf' Scams Use Legal Businesses to Flourish - Partial Article (3-1-2006). 2009-11-26 . The Wall Street Journal . Mark . Maremont . 2006-03-01.
  11. News: Direct Sales as a Recession Fallback - NY Times. 2009-11-26 . The New York Times . Eilene . Zimmerman. 2009-03-15.

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