The publication Brain, Child has a wonderful story written by Stacey Schultz, about the devastating effects multi-level marketing companies can have on women. She’s included specific comments about Herbalife, Arbonne, and Mary Kay, but also has a lot of general […]
Brain, Child By Stacey Schultz You might hear the story of how Nicole Lopez lost $10,000 and think, “How could she be so stupid?” But when you talk to her on the phone, you don’t get that feeling at all. […]
Today I got an email from Len Clements, the multi-level marketing evangelist and career college graduate who has been a vocal supporter of Usana Health Sciences (NASDAQ:USNA). Len Clements published five disjointed “rebuttals” to the various reports, videos, and press […]
Utah Business magazine should be ashamed of itself. Its first ever “CFO of the Year” award went to Gil Fuller, the CFO of Usana Health Sciences (NASDAQ:USNA) who lied about being a CPA. The lies were repeated over and over […]
Yesterday the Los Angeles Business Journal did a feature article on Barry Minkow and his investigation of Herbalife (NYSE:HLF) and other multi-level marketing companies. A few snippets from the article, Minkow Targeting Supplement Maker: Former fraudster hectors Herbalife:
“The UFF program is the ONLY program on the market with these exact features and benefits.” Of course it is. If it could be compared to anything else, consumers would quickly see that it’s not all it’s cracked up to […]
Over the last few weeks, I’ve been researching and reporting on the United First Financial Money Merge Account. UFF’s “agents” are poorly trained multi-level marketing pawns who spout company propaganda about how the MMA is the greatest thing since sliced […]
The success of multi-level marketing companies and pyramid schemes has been based partly upon favorable media coverage of the industry. The MLMs put out plenty of positive press releases, resulting in numerous fluff pieces in newspapers and magazines over the […]
If you owed a bank money under a loan that had an interest rate of 6%… And I came along and said to you “Here, take this loan with an interest rate of 8% and use the money to pay […]
I found this interesting description of the deception involved in selling the United First Financial program to unsuspecting consumers for $3,500:
