Is there a law requiring MLM companies to keep records of retail sales?
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I've heard Multi level marketing companies (Herbalife, Amway) are required to keep retail sales receipts for two years. Does anyone know where I can find the specific law? ...show more
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Answer:
In AMWAY if your AMWAY distributor then AMWAY provides you details of your business volume for 2-3 yrs on its site if you are registered with it if you want details call 09811122152
MDVRPWRQ3JUUKI5NN342TYJBRY at Yahoo! Answers Visit the source
Other answers
For Herbalife you are required to retain your records for two years. You can consult Distributor Services at 866-866-4744 option 4 and they will answer any questions you may have in the future.
Claudia
The law is not specific to MLM companies. The need to keep their sales receipts for at least 3 years I believe but it may actually be longer. At the dairy I worked we kept the records for 10 years.
Bob
any idiot that gets involved with a MLM deserves to be fleeced.
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