Are all pyramid selling schemes illegal?

Peter_Pan

MLM companies in Britain are governed by Acts such as The Pyramid Selling Schemes Regs 1971, The Trading Schemes Act 1996, Trading Schemes Regulations 1997 and in general terms, the Fair Trading Act 1973. The latest Act to protect consumers is the Consumer Protection From Unfair Trading Regulations 2008.
Pyramid selling schemes were based on one or more of these ingredients:
*Large entry fees (we re talking thousands of pounds here) extracted from people on the understanding that they would profit by receiving similar payments from new entrants that they introduced;
*Encouragement to purchase as large an inventory of products as possible at the highest discounts available, before obtaining orders from customers or other distributors, and with no refund policy;
*No written contract or agreement between the company and the distributor;
*No training in, or any real concern about, selling products to the public.
You see from these that MLM Companies do not fall in these categories.
Debbie