Recognizing the swindle in direct selling schemes
(Limited coherence) A UPI report cites direct selling executives outlining fraud markers in pyramid schemes. Key signs include large unrecoverable upfront investments, emphasis on recruiting profits over product sales, lack of tangible assets, vague guarantees, and no promise of riches. The piece notes Amway's Richard DeVos warning buyers to be cautious of such promotions.
MENTIONED IN THIS ARTICLE
Leroy Pope
New York
UPI
Richard M. DeVos
Amway Corp
Ada
Mich
de Vos
Devyos
Devos
Amway
Cornhusker Substation Near Columbus Enters Service
Cornhusker Power District puts a new substation five miles northeast of Columbus into service. Built by Columbus No. 1 line crews it is the newest of seven rural stations in Platte County. It features a 34.5 kV underground line to the hydro switchyard and serves about 500 farmsteads and rural residences north of Columbus.
MENTIONED IN THIS ARTICLE
Cornhusker Power District
Columbus
Cornhusker Line
Columbus No. 1
Thin
Cornhusker
Platte County
Alte
Laup
Hydro
Columbus issues 391 building permits by June 30
City Building Department reports 391 permits issued in Columbus by June 30, up from 364 last year. Single family dwellings lead with 103 permits, remodeling 13, and carport garage 38. Estimated construction costs total 5,004,661, led by single family dwellings at 3,488,100.
MENTIONED IN THIS ARTICLE
Aso
Columbus
Milbourn Bargen and Johnson Attend Vancouver Convention
Colombes residents Mr and Mrs Ivan Milbourn Mr and Mrs Dennis Bargen and Mr and Mrs Jack Johnson returned from Vancouver British Columbia Canada where they attended a Security Mutual Life convention honoring the company's top insurance agents. The three men qualified by meeting high production and persistency requirements. Thomas R McCarthy joined Amoco Production Company in Its Farmington NM office. McCarthy a Columbus native and 1954 May graduate of the University of Nebraska with a BS in civil engineering. A two day Roffler training workshop was held Sunday and Monday at the Barber Surgeons in Columbus with six people from Ainsworth Hastings Columbus Lincoln and Omaha. Huffler trained barbers presently exist throughout Nebraska.
MENTIONED IN THIS ARTICLE
Colombes
Ivan Milbourn
Dennis Bargen
Jack Johnson
Vancouver
British Columbia
Canada
Security Mutual Life
Thomas R. McCarthy
Amoco Production Company
Farmington, N.M
United States
Stand Oil Company
Indiana
McCarthy
Columbus
University of Nebraska
Barber Surgeons
Nebraska
Ainsworth
Hastings
Lincoln
Omaha
Light bank failures cited by Dr Gambs in Monthly Review
Dr Curt M Gambs says the decline in bank failures since World War II reflects stronger economy and FDIC support. He notes 1975 76 failures were high but total banks failing remained small and no $100 million deposits failed postwar. He attributes 1975 76 rise to recession and expects 1977 failures to fall, not indicate systemic weakness.
MENTIONED IN THIS ARTICLE
Curt M. Gambs
Federal Reserve Bank of Kansas City
Franklin National Bank of New York
Gambs
Dr. Gambs
Federal Deposit, Insurance Corporation
U.S
Energy investment outlook for 1975 in U S dollars
The U S Federal Energy Agency estimates that investment in the energy industry for 1970 to 1985 will approach 400 billion dollars in 1975 dollars.
MENTIONED IN THIS ARTICLE
U.S
Federal Energy Agency
Mopeds Gain Ground as Energy Saver In United States
In a July 1977 column the Columbus Telegram notes mopeds rising in popularity amid energy conservation efforts. New York leads regulatory standards for speed, helmet use, registration, and insurance influencing nationwide adoption. Manufacturers push low fuel costs, emissions, and quiet operation to appeal to urban commuters and youth. The Motorized Bicycle Association offers a free guide to safe, sensible riding.
MENTIONED IN THIS ARTICLE
United States
Europe
New York State
Environmental Protection Agency
National Highway Traffic Safety Administration
Itill
New York
Carter
Motorized
Connecticut Age
Washi
D.C
Question on Social Security for temporary disability
A reader asks about benefits after a Labor Day accident. The answer notes that Social Security cannot pay for temporary disability. disability benefits are for workers severely disabled and not expected to do substantial work for a year or more, and are payable to eligible workers and their families.
MENTIONED IN THIS ARTICLE
Q. P
Social Security
Also Mentioned on This Page
Detroit
Ford Motor Company
Ford
Business Today
Switch
Ted Fehringer
Marvin Mueller
MAK
Wic
Weatig & NR
MAC & Sons, Inc
26Th St
Westside Industrial Park
Columbus 9 Telegram Financial Page
Numbus
Cok
Max
Kiburz
Loup Power District
American Public Power Association
Toronto
Loup
APPA
Harold Kramer
John Preston
Pizza Inn
Pha
Pal Ofpie
Eddie Glassman
Tooleys
Seven Mile Inn
RCA
Thieman
David Bradley
John Deere
van Brunt
Alfis Chalmers
JDAD
Steaight
Vorge
Albert Benda
Congars Auction &S., Auctionsers
Cort Benda
Geo Robet
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