NEW STANDARD FOR MLM DISINGENUOUSNESS: Words DON’T Mean Things
Has a globetrotting serial huckster facing a civil-contempt proceeding in the SEC’s pyramid- and Ponzi case against TelexFree, key executives and promoters set the new standard for vomitous MLM? Accused of repeatedly violating U.S. court orders, Brazil native, TelexFree promoter and two-time accused securities fraudster Sann Rodrigues now effectively is hoping to convince a federal judge that spoken words don’t mean things. […]
Alleged Bid To Gag Customers Leads To FTC Lawsuit Against Florida Seller Of ‘Unproven Weight-Loss Products’
Let’s say you’re a direct-seller and manage to persuade yourself that trying to threaten and intimidate your own customers is a good business practice. How might you accomplish this? Well, the FTC alleged today that Florida-based Roca Labs Inc. and Roca Labs Nutraceutical USA Inc. inserted “gag clause provisions” in purported customer agreements in a […]
BULLETIN: Class-Action Proposed Against 20,000 Alleged TelexFree Winners — With MAPS Pitchman As Lead Defendant
BULLETIN: Class-action attorney Robert J. Bonsignore has asked a federal judge for permission to file a third amended consolidated complaint that effectively would sue at least 20,000 “net winners” in the TelexFree scheme shut down by the SEC last year. The proposal would name alleged TelexFree promoter Daniil Shoyfer the lead class-action defendant, effectively making […]
VEMMA REP: FTC Used ‘Overlarge . . . Strap-On Dildo’
EDITOR’S NOTE: On some days, it seems as though no one in MLM has any PR savvy. This is one of those days. Positioning himself as an insider who has spoken with Vemma CEO B.K. Boreyko, one of the company’s top affiliates took to the Internet today to declare the Federal Trade Commission appears to […]
URGENT >> BULLETIN >> MOVING: Evidence Before Court Leaves ‘Little Doubt’ FTC Will Prove Vemma Is Pyramid Scheme, Judge Says
6th Update 6:41 p.m. EDT U.S.A. A federal judge has issued a much-anticipated order in the Federal Trade Commission’s pyramid-scheme case against Vemma that says “[t]he evidence before the Court leaves little doubt that the FTC will ultimately succeed on the merits in demonstrating that Vemma is operating a pyramid scheme.” U.S. District Judge John J. […]
Transcript Shows Courtroom Clash Between Vemma And FTC
Vemma critic Truth In Advertising has posted a transcript of the Sept. 15 battle in Arizona federal court between Vemma and the Federal Trade Commission over the preliminary injunction, asset freeze and appointment of a receiver. Vemma hopes to undo these things or at least to modify them in a way that would put the company […]
Rookie Kentucky State Trooper Shot And Killed
Trooper Joseph Cameron Ponder of the Kentucky State Police was shot “multiple” times late last night and died a short time later at Caldwell Medical Center in Princeton, Ky., state police said. Ponder, 31, a rookie who’d graduated from the Academy in January 2015, was stationed at Post 1, Mayfield. He was assigned to Trigg […]
UNHAPPY MOTORIST TO DEPUTY: ‘No Wonder You People Get Shot’
On Sept. 1, a deputy from the Aggressive Driving Unit of the Palm Beach County (Fla.) Sheriff’s Office ticketed a woman for going 51 MPH in a 20-MPH School zone, the Sheriff’s Office said. The traffic stop was recorded on the deputy’s dashcam. “No wonder you people get shot,” the woman told the deputy who […]
BULLETIN: Name Of Herbalife Refugee Anthony Powell Surfaces In Vemma Pyramid-Scheme Case
2ND UPDATE 4:16 P.M. EDT U.S.A. Former Herbalife President’s Team member Anthony Powell is referenced in a report by the court-appointed receiver in the Vemma pyramid-scheme case filed by the FTC last month. The mention is potentially embarrassing to the MLM trade, which has a reputation for recruiters dragging financially strapped prospects from scheme to […]