Send Out Cards was established as a multi-level marketing company in 2005, offering “personalized” greeting cards.  Although the company offers an “income opportunity,” 72% of distributors earned zero commissions in 2011. Send Out Cards Income Disclosure 2008 Send Out Cards […]

Nu Skin Enterprises is a multi-level marketing company established in the 1980s to promote anti-aging skincare products. Several legal actions against the company in the 1990s resulted in settlements and a consent decree prohibiting Nuskin from making false marketing claims. […]

Melaleuca is a multi-level marketing company offering “natural” home cleaning products. Melaleuca Income Statistics 2004 Melaleuca Income Statistics 2005 Melaleuca Income Statistics 2006 Melaleuca Income Statistics 2007 Melaleuca Income Statistics 2008 Melaleuca Income Statistics 2009 Melaleuca Income Statistics 2010 Melaleuca […]

Isagenix sells weight loss products  and nutritional supplements.  The products include IsaLean Shakes, cleansing products, and energy supplements. Here’s an analysis of the Isagenix figures. Isagenix Earnings Statement 2003 Isagenix Earnings Statement 2005 Isagenix Earnings Statement 2006 Isagenix Earnings Statement […]

Herbalife has been offering nutrition products since 1980. The product line includes vitamins, meal replacement shakes, and personal care products. Read more about the Herbalife pyramid scheme allegations, and see Bill Ackman’s takedown of Herbalife. Herbalife Statement of Average Gross […]

The Arbonne line of botanical skin care products were created in 1975, and the company now offers skin care, makeup, and vitamins. Arbonne Compensation Summary 2007 Arbonne Compensation Summary 2009 Arbonne Compensation Summary 2010 Arbonne Compensation Summary 2011 Arbonne Compensation […]

Amway has been in business for 50 years, operating in 80 countries and territories. Brands and names affiliated with the company in the past and present include: Alticor, Quixtar, Artistry, Nutrilite, and more. Here’s an interesting analysis of some Amway […]

A recent filing in the Medifast appeal (the case in which Medifast sued me and others, and lost miserably) raises some interesting questions about whether Take Shape For Life (TSFL) is an endless chain recruitment scheme. From that filing: A. […]

One of the most common arguments used against those who deem multi-level marketing companies pyramid schemes, is that pyramid schemes collapse. Because Herbalife hasn’t collapsed, it must not be a pyramid scheme. Because the company has avoided total collapse for […]

Herbalife (NYSE: HLF) has been hit by a short seller again. Earlier this year it was David Einhorn simply asking questions about the business. This time it is Bill Ackman calling Herbalife a pyramid scheme and laying out his case. […]