Arizona based Vemma Nutrition Company agreed to end its business practices which practices the FTC considered to constitute an illegal pyramid scheme.
The multi-level marketing (MLM) company, which sells health and wellness drinks through a network of distributors called “affiliates,” will be prohibited under a federal court order from paying an affiliate unless a majority of that affiliate’s revenue comes from sales to real customers rather than other distributors. The order also bars Vemma from making deceptive income claims and unsubstantiated health claims.
The FTC took down Vemma in 2015 and then in 2016 they cause Herbalife to restructure. Is your company next? If you are being told by your company that the Vemma/Herbalife guidelines don't pertain to your company it would be wise to read the FTC guidelines and see for yourself what the FTC has said on every issue. It is important to note that if the FTC targets your company you may also receive large fines as a distributor. Unfair? Maybe? But life is unfair.
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Vemma Agreed to Ban on Pyramid Scheme Practices to Settle FTC Charges in 2015
Arizona based Vemma Nutrition Company agreed to end its business practices which practices the FTC considered to constitute an illegal pyram...
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Arizona based Vemma Nutrition Company agreed to end its business practices which practices the FTC considered to constitute an illegal pyram...
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