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Hello everyone and welcome to the first episode of multi-level Mondays. My name is Blair or the

Illuminati and in today's episode we're going to start off strong by discussing a company called

One Coin. One Coin is a particularly fascinating case

because we're going to be discussing a company that is not only an MLM but is

also a Ponzi scheme combined into one. It's a very rare and interesting look at when two pretty bad business models

combined to make one company. If you're interested in learning about the history and

growth and eventual fall of one, make sure to keep listening.

And if you want to see the video version of this podcast, make sure to look up a

luminati that is with two eyes on YouTube. So I just want to start off with two really quick definitions for two business terms that are going to be used

a lot obviously during this video and the first is going to be an MLM or

multi-level marketing what that essentially is that is a business model that rides a gray line between direct marketing and a pyramid scheme.

In a pyramid scheme, you create money or wealth by getting like intro fees from new people,

and in a direct sales model you get your like fees and

...