With yesterday’s shutdown of Fortune Hi Tech Marketing, consumers have been asking if Herbalife is a similar operation. Last year Herbalife’s business model was called into question by David Einhorn, and then the company was accused of being a pyramid […]
Fortune Hi Tech Marketing (FHTM), a multi-level marketing company I’ve reported on previously (and was interviewed about) was shut down today by the Federal Trade Commission. It is being reported that federal agents raided the company’s Lexington, Kentucky office. Law […]
For some time now, we have been following the Jennifer McKinney bankruptcy trainwreck, in which Jennifer and her husband Israel McKinney were alleged to have falsified information and concealed assets. (In the world of forensic accounting, we call that fraud.) […]
Carlos Miller has been a First Amendment Champion for years. He has been unlawfully arrested multiple times for filming and photographing police activity and other happenings in public areas. Marc Randazza alerts us to the latest injustice involving Carlos Miller. […]
At yesterday’s big Herbalife investor day, the company paraded around Anne T. Coughlan, a marketing professor at Northwestern University, who proudly proclaimed that Herbalife is not a pyramid scheme. No, it is a legitimate multi-level marketing company. In July, Coughlan […]
Herb Greenberg, a stocks commentator for CNBC did a ten-month investigation of multi-level marketing company Herbalife. Its conclusion is this 20 minute documentary, and the timing couldn’t be better. Herbalife has been accused of being a pyramid scheme again, this […]
Herbalife CEO Michael Johnson says he’s never heard anyone refer to HLF as a scam in the last ten years. Funny, but it seems the internet has heard such things. So much that Herbalife distributors write articles and produce videos […]
As we patiently wait for Herbalife’s “analyst and investor meeting” on January 10 to address the pyramid scheme allegations made by short seller Bill Ackman, there is plenty of good discussion of HLF around the world wide web. Kid Dynamite […]
Your Travel Biz (YTB) is an online travel business multi-level marketing company. Participants pay upfront and monthly fees to have an “online travel agency.” Commissions are supposedly made from selling travel services and packages, but the majority of money is […]
Usana Health Sciences offers vitamins and other nutritional products through a multi-level marketing structure. For years, the company has been dogged by allegations of operating a pyramid scheme and doing business illegally in China. In November 2012, Citron Research released […]
