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Transcripts for BBCNEWS The Dark Side of Direct Sales 20240604 02:46:00

of 15,000 agents. with more than 100 sales companies in the uk network, the owners have usually started out as salespeople themselves and worked their way up through the system. but it looks like there can be strings attached. i m looking at documents about a recent court case involving credico, and this says they choose the accountants that you have to use if you re an office owner, they pay the commissions to the salespeople and they even choose the wording of the agreements that you have to sign when you join up to one of their linked sales offices. the weird thing is, though, the people i ve spoken to don t actually seem to know that much about credico. i mean, i understood credico was involved but i didn t really understand what credico was. i m not sure i still do understand, like my understanding is, like, companies go to them to promote their product or something like that? the way it s described to us is credico is like uber. so, we were the taxi drivers and the passengers a

Transcripts for BBCNEWS The Dark Side of Direct Sales 20240604 02:46:00

with more than 100 sales companies in the uk network, the owners have usually started out as salespeople themselves and worked their way up through the system. but it looks like there can be strings attached. i m looking at documents about a recent court case involving credico, and this says they choose the accountants that you have to use if you re an office owner, they pay the commissions to the salespeople and they even choose the wording of the agreements that you have to sign when you join up to one of their linked sales offices. the weird thing is, though, the people i ve spoken to don t actually seem to know that much about credico. i mean, i understood credico was involved but i didn t really understand what credico was. i m not sure i still do understand, like my understanding is, like, companies go to them to promote their product or something like that? the way it s described to us is credico is like uber. so, we were the taxi drivers and the passengers are the clients. so

Transcripts for BBCNEWS The Dark Side of Direct Sales 20240604 16:47:00

if you re an office owner, they pay the commissions to the salespeople and they even choose the wording of the agreements that you have to sign when you join up to one of their linked sales offices. the weird thing is, though, the people i ve spoken to don t actually seem to know that much about credico. i mean, i understood credico was involved but i didn t really understand what credico was. i m not sure i still do understand, like my understanding is, like, companies go to them to promote their product or something like that? the way it s described to us is credico is like uber. so, we were the taxi drivers and the passengers are the clients. so, credico would connect us and the clients together, they would give us the training materials and they would act as a go between. we saw them every two months, something like that, they go and make sure that we haven t burnt the place down. like, that s it was very rare, if ever. we saw the clients a lot more. and then i saw this line in

Transcripts for BBCNEWS The Dark Side of Direct Sales 20240604 13:46:00

with more than 100 sales companies in the uk network, the owners have usually started out as salespeople themselves and worked their way up through the system. but it looks like there can be strings attached. i m looking at documents about a recent court case involving credico, and this says they choose the accountants that you have to use if you re an office owner, they pay the commissions to the salespeople and they even choose the wording of the agreements that you have to sign when you join up to one of their linked sales offices. the weird thing is, though, the people i ve spoken to don t actually seem to know that much about credico. i mean, i understood credico was involved but i didn t really understand what credico was. i m not sure i still do understand, like my understanding is, like, companies go to them to promote their product or something like that? the way it s described to us is credico is like uber. so, we were the taxi drivers and the passengers are the clients. so

Transcripts for BBCNEWS The Dark Side of Direct Sales 20240604 02:46:00

companies in the uk network, the owners have usually started out as salespeople themselves and worked their way up through the system. but it looks like there can be strings attached. i m looking at documents about a recent court case involving credico, and this says they choose the accountants that you have to use if you re an office owner, they pay the commissions to the salespeople and they even choose the wording of the agreements that you have to sign when you join up to one of their linked sales offices. the weird thing is, though, the people i ve spoken to don t actually seem to know that much about credico. i mean, i understood credico was involved but i didn t really understand what credico was. i m not sure i still do understand, like my understanding is, like, companies go to them to promote their product or something like that? the way it s described to us is credico is like uber. so, we were the taxidrivers and the passengers are the clients. so credico would connect us

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