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Matthew Cox | Inside True Crime Podcast

The Truth About MLMs and Legal Loopholes

Sun, 03 Nov 2024

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 @AlwaysMarco  and Matt Expose different MLM scams like Amway and Herbalife. Check out Marcos Channel https://www.youtube.com/channel/UC-e26L0Gv3tTlL4j8dWLe6A Follow me on all socials! Twitter: http://www.twitter.com/matthewcoxitc Instagram: https://www.instagram.com/insidetruecrime/ TikTok: https://www.tiktok.com/@matthewcoxcrime Follow my 2nd channel - Inside The Darkness! https://www.youtube.com/c/InsidetheDarknessAutobiographies Want to be a guest? Send me an email here! [email protected] Want a custom Con man painting shown up at your doorstep every month? Subscribe to Patreon! https://www.patreon.com/insidetruecrime Get a custom painting done by me! Check out my link! https://www.etsy.com/shop/coxpopart Listen to True Crime Podcasts anywhere! https://anchor.fm/mattcox Check out my prison story books here! https://www.amazon.com/Matthew-Cox/e/B08372LKZG Support me here! Paypal: https://www.paypal.me/MattCox69 Cashapp: $coxcon69

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Chapter 1: What are MLMs and how do they function?

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So, did you like it? When are you going to sign up? And it was like, it wasn't, it wasn't him. It wasn't him. And it scared me. And I was like, you know, Yeah, I got to get made some excuse. I didn't sign the paper that they, you know, because they signed me. They handed me this paper. OK, when can we call you? When are you going to come back to the office to sign up? You know what I mean?

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It's like I don't even remember how I got myself out of that pressure, high pressure situation. And so I thought, man, I need to talk to my friend. So when I got home later that night. He texted me and asked me, what did you think of it? And I called him. And at the time I thought I was doing the right thing and saying the right thing.

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I said to him, hey, look, man, you know, I care about you and I want to see you succeed. I just don't want to see you get hurt. And I looked online and it said this company is a pyramid scheme. And he just flipped. You're just like everyone else. They told me you would say that. You don't believe. Du-du-du-du-du-du. Und das war das Ende unserer Freundschaft.

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703.302 - 703.863 Matt Cox

Wirklich?

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703.883 - 727.482 Host

Das war das Ende unserer Freundschaft, weil nach dem, wollte er nichts mit mir zu tun haben. Und das hat mich wirklich beeinflusst. Und das war die Sehnsucht. That was only in 2015. I didn't start my YouTube channel till 2019. So what happened in those years in between? In those years in between, I was just doing regular people shit. I worked at restaurants, I worked at a casino.

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And then in 2018, my best friend, who I met around that same time that I lost my old best friend, my current best friend, He started a YouTube channel. He was posting videos on Facebook. Both of us had always posted silly little gag videos on Facebook, right? He started posting these videos on YouTube and One of them just took off and it went really big on Reddit, was how it went viral.

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And then a big Facebook page posted it and then it got on the YouTube algorithm and it just hit like millions of views. And so very rapidly, my best friend became like a big YouTuber and started making money from this. And so... Von 2018 bis 2019 habe ich nur mit ihm gearbeitet auf seinem Kanal, ihn mit seinen Videos zu helfen und seine Livestreams mit ihm zu machen.

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Shout out to my best friend Philip, Philip Solo TV. His video that went viral was eating at the worst reviewed restaurant in my city. And it started this like trend of every YouTuber going and eating the worst reviewed type of cuisine, worst reviewed Chinese, worst reviewed Italian, worst reviewed whatever. And it was like, you know, a sort of fear factor type gross, funny video to do.

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So it was easily repeatable. Everybody copied it, right? Everybody hopped on the way. So in the summer of 2019, Philip said that he was going to move to Vancouver. I lived in Edmonton. I couldn't afford to move to Vancouver.

Chapter 2: Why do MLMs have such high failure rates?

4440.137 - 4441.118 Matt Cox

Wirklich?

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Denk daran, es ist sehr einfach. In einem produktbasierten MLM hast du Überwindung. In einem Ponzi-Schema hast du keine Überwindung.

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4447.759 - 4473.42 Matt Cox

Richtig. Viele der Probleme mit Ponzi-Schemen sind, dass die Leute einfach zu groß versichern. You know, the return, like what's his name? Like Bernie Madoff went so long because he wasn't giving outrageous returns. They were higher than average, but they weren't insane. Like Charles Ponzi is giving you three times your money in 90 days. Like it's outrageous. Yeah.

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Ja, ich meine, ich denke, Charles Ponzi wäre eigentlich ein wirklich guter Period-Piece-Film. Ich habe mir dieses viel mehr in den Trough gedacht, aber ich würde gerne in einem Film über Charles Ponzi, den historischen Figuren, involviert sein, weil es heute so applicabel ist. Und ich bin nicht wirklich ein großer Fan von Period-Pieces wie dem. Aber... Was habe ich in der Suche?

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4497.507 - 4500.809 Host

Oh ja, wer war der Mann, der die Eiffeltower verkauft hat?

4500.83 - 4502.11 Matt Cox

Oh, Victor Lusting.

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Ja, dieser Typ. Es ist nicht wirklich ein Ponzi-Schema, aber dieser Typ war wirklich ein OG.

4510.977 - 4528.909 Matt Cox

Er hat die Eiffeltower zweimal verkauft. Genius. Er hat auch die romanische Box verkauft. You know, the Romanian box where he would sell you the box. It made money. You put a dollar bill in or a hundred dollar bill or 20.

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Hilarious.

Chapter 3: How do MLM recruiters manipulate emotions?

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So I wanted to ask you, yeah, like when you left prison, you said you got out three years ago, you had this plan for you wanting to do, you know, true crime, tell stories, podcasts and whatever opportunities came through that pipeline. But when you first actually came out, How did you sustain yourself? Because I'm guessing you would have to register as a, you know, a felon, right?

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So when you got out, how did you, like, how did you actually make money? And also, were you in debt? Did you have to pay, like, some sort of restitution?

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7120.486 - 7147.863 Matt Cox

Well, I was 6 million. So, um, I have to make payments every month. But I'm on probation. You don't register. But if somebody were to pull my... If you were to pull your record or anything, that would probably come up. Initially I went to a halfway house for about 6-7 months. And I worked for a friend of mine who owned a gym. So I worked there for 7 months.

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7147.883 - 7180.2 Matt Cox

Then... Really, I've never worked anywhere since then. Literally, as soon as I got out... I was doing, I was painting. I was doing paintings, you know, for like I paint paintings. And I ended up doing a podcast with this guy here named Danny. He owns, he runs a podcast called Concrete on YouTube with a K. And it suddenly it got like, within like three months, it got like a million views.

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7180.26 - 7206.148 Matt Cox

I told my story over the course of like a month, over the course of like two hours, I told my story. Und es ist lustig, dass du deine Eltern erwähnt hast. Ich spreche über meinen Vater. Mein Vater war ein Alkoholiker und er war extrem überrascht von mir. Ich war nicht der Sohn, den er wollte. Ich glaube, er wollte jemanden, der Fußball gespielt hat und groß war und athletisch war.

7206.188 - 7229.157 Matt Cox

Und ich war fünf Fuß sechs. Ich bin nicht... Und ich bin nicht superathletisch. Und ich habe eine Lernuntersuchung. Also habe ich keine rechten A's in der Hochschule. Und er hat sehr schnell gemerkt, oh, er wird nichts sein. Er kann kaum lesen. Er wird nichts sein. Und dann, natürlich, wird er trank und hat schreckliche Dinge gesagt. Und, du weißt.

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Also, du weißt, es gab das ganze zusätzliche Bonus, nicht zu wollen, dass es eine Verzweiflung ist. Weil, als ich die Kampagne besitze, war ich, ich war, er war, er war überrascht. How much money I was making. Then I started buying houses and flipping houses. He was like, my God, I never thought this kid would be anything.

7245.54 - 7274.102 Matt Cox

So the idea that I was going to, you know, claim bankruptcy and move into his spare room. No, that's just I wasn't going to do anything to avoid that. So. But. You know, when I got out of prison, I did Danny's show, I did the podcast and then I, or Concrete, and then I did Valuetainment with Patrick Bet-David. Then I did Soft White Underbelly. I'm familiar with that, yeah. Yeah, I did that one.

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I did Vlad TV. Okay. So, you know, I did a bunch of these podcasts that are, you know, big time podcasts. And so... You know, I, I, then I, I, then I started my channel. You know, I was hoping to have a really good setup, but I couldn't afford it. I couldn't afford the setup I have now then. So I just kind of started posting videos of me. And then I kind of put together kind of a makeshift

Chapter 4: What are the most notorious MLMs?

7519.9 - 7538.282 Matt Cox

Yeah, I mean, you know, what that just reminded me of, you know, Jordan Peterson, I heard him say one time that Und ich vergesse, wo er, er zitiert, wo er das bekommen hat, wo jemand sagt, sagt, dass du weißt, du kannst nicht wirklich ein Mann sein, bis dein Vater tot ist. Richtig.

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7538.322 - 7551.691 Matt Cox

Du weißt, und ich dachte, das war, ich war, du weißt, dass, okay, ich habe nicht, es war, es war einfach, es war, du weißt, ich habe es nicht so gedacht, dass du weißt, du wirst immer ein Junge sein, jemandem, deinem Vater. Ja, ja.

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Sorry, I've totally hijacked your show and I'm asking too many questions. I apologize.

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7560.98 - 7567.186 Matt Cox

It's fine. I think Colby will move it around. You know how you look at the analytics?

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Sure.

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Ich denke, meine Zuhörer sind müde von meiner Geschichte. Sie haben es tausendmal gehört. Okay, schneid das ganze Ding aus. Und was er tun wird, ist, er wird es wahrscheinlich einfach nehmen und es in die Rückseite legen. Ich werde den Link zu Marco, immer Marco, zu Marcos YouTube-Kanal in der Beschreibung schicken. Check out his channel and subscribe, obviously.

7594.101 - 7612.086 Matt Cox

Also, do me a favor and if you like the video, subscribe to this video, hit the bell, leave me a comment, share the video, do all the things. Hit the like button. I never say hit the like button. I don't know why. But hit the like button. I appreciate it. I appreciate you guys watching and thank you very much. I will see you.

Chapter 6: What is the role of political influence in MLMs?

7560.98 - 7567.186 Matt Cox

It's fine. I think Colby will move it around. You know how you look at the analytics?

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7570.114 - 7594.041 Matt Cox

Ich denke, meine Zuhörer sind müde von meiner Geschichte. Sie haben es tausendmal gehört. Okay, schneid das ganze Ding aus. Und was er tun wird, ist, er wird es wahrscheinlich einfach nehmen und es in die Rückseite legen. Ich werde den Link zu Marco, immer Marco, zu Marcos YouTube-Kanal in der Beschreibung schicken. Check out his channel and subscribe, obviously.

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7594.101 - 7612.086 Matt Cox

Also, do me a favor and if you like the video, subscribe to this video, hit the bell, leave me a comment, share the video, do all the things. Hit the like button. I never say hit the like button. I don't know why. But hit the like button. I appreciate it. I appreciate you guys watching and thank you very much. I will see you.

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