Mar 7, 2024
Forensic Accountant Tracy Coenen joins me for a conversation about the predatory nature of MLMs. In addition to investigating fraud for over 25 years, Tracy founded Pink Truth, a website that uncovers the problematic and damaging truth of multi-level marketing (MLM).
By and large, MLM schemes overwhelm and prey upon women, falsely promising entrepreneurship and financial freedom while making them more financially dependent on an abusive structure. In this episode, Tracy and I explore how MLMs masquerade as empowering ventures but function as wolves in sheep's clothing.
Featured topics:
Learn more about Tracy Coenen:
Tracy has been investigating fraud for more
than 25 years, but she didn’t always want to be a forensic
accountant. With a dream of one day being a prison warden, Tracy
went to Marquette University in Milwaukee, WI to get a criminology
degree. A class on financial crime investigations reminded her how
much she loved Encyclopedia Brown books as a kid. She continued her
criminology degree, but added accounting and economics courses so
she could become a CPA… and here Tracy is, finding money in cases
of corporate fraud, high net worth divorce, and other financial
shenanigans.
Resources & Links:
Phoenix Rising: A Divorce Empowerment Collective
Show notes:
https://kateanthony.com/podcast/episode-257-the-truth-behind-mlms-with-tracy-coenen/
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