SKYBIZ Expert Review by Brian Garvin and Jeff West

Tons of Free, Unbiased MLM Reviews at MLM Review Kings.
"A Review Of The SKYBIZ Income Opportunity"

Seven or eight years ago, SkyBiz was the happening thing. An MLM (Multi-Level Marketing) company, it was among the lucky few that took off relatively quickly. However, shortly after opening, the FTC (Federal Trade Commission) shut down all SkyBiz activity. It was deemed a pyramid scheme and an illegal one at that. Therefore, in 2001, SkyBiz was forced to shut its doors permanently.

Signs up were halted in 2002, however, for those that had made payment already, they were allowed to keep their end of the bargain for as much as one year. For the most part, MLM companies are legal and a reliable way to do business. The only catch with the law is that all MLM based companies, which are those that pay a commission based on sales and recruitment, must provide their customers with a real service or product.

If any company fails to provide their customers with a solid, real service or product, they can count on the FTC knocking on their doors and a host of other troubles. At the same time, the service or product should be that in which someone regardless of representatives or customers should be able to purchase without having to consider any type of plan, compensation wise. SkyBiz got into hot water in this aspect.

The Product

SkyBiz was in the business of offering people training and websites. In their original form, no. These websites were typically web packs. They were not generally used outside of the company, therefore, the company offered no real value of any sort to any one.

The company was charging new representatives $125 to join SkyBiz. The FTC determined that this was illegal. According to the FTC, SkyBiz was deceitful in their advertisements and claims and did not warn their representatives and in general, people who join these types of company actually lose money, more so than they make it. In fact, the FTC charged SkyBiz with four different FTC Act violations.

Eventually SkyBiz and its affiliates caved to the FTC and lost their appeals. They agreed to and were ordered to pay 20 million United States dollars to those who invested money into the company. As of September of 2007, the monies had been paid and all claims were thus closed.

Competitors Advertising Shack

Now is Your Chance to Advertise this program or your Competitor Program on this page for a Guaranteed Entire Year for the Low Price of $47.00. This is NOT a revolving charge. This Opportunity is Presented on a First Come First Serve Basis. We Will Only Allow 5 Advertising Positions on This Page. The Early Bird gets the Worm and the First Order Gets placed Toward the top, the Second Order goes in the Second Top Position and so on. Get your Advertisement in Before your Competitors do. Ads Expire on the 13th Month After the Order. If you place your ad July 15th 2008, it Expires August 1st, 2009. The Ad Code Below Defines When Your Particular Ad Expires mm-yyyy.

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