{"id":1440,"date":"2008-05-01T07:16:14","date_gmt":"2008-05-01T13:16:14","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/?p=1440"},"modified":"2012-07-10T11:40:42","modified_gmt":"2012-07-10T16:40:42","slug":"herbalife-president-gregory-probert-resigns","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/herbalife-president-gregory-probert-resigns\/","title":{"rendered":"Herbalife President Gregory Probert Resigns"},"content":{"rendered":"<p>Following <a href=\"http:\/\/www.sequence-inc.com\/fraudfiles\/2008\/04\/25\/herbalife-president-well-its-almost-true\/\">last week&#8217;s damaging report<\/a> by Fraud Discovery Institute and Barry Minkow that Herbalife LTD&#8217;s (NYSE:HLF) president and COO Gregory Probert lied about his credentials, Probert <a href=\"http:\/\/biz.yahoo.com\/ap\/080501\/herbalife_coo.html?.v=1\">has resigned from the company<\/a>, effective today.<\/p>\n<p>Media reports are cute. Instead of saying he lied, they say he &#8220;exaggerated.&#8221; Bloomberg gets it right&#8230; they say he faked his degree.<\/p>\n<p>Something tells me that Herbalife&#8217;s auditors threatened to resign unless Probert resigned. This doesn&#8217;t change the fact that the company is <a href=\"http:\/\/www.sequence-inc.com\/fraudfiles\/2008\/04\/11\/herbalife-red-flags-for-fraud-issue\/\">selling a fraudulent &#8220;opportunity&#8221;<\/a> to the people it recruits into its pyramid scheme, but it is a nice acknowledgment that company executives have been unethical.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following last week&#8217;s damaging report by Fraud Discovery Institute and Barry Minkow that Herbalife LTD&#8217;s (NYSE:HLF) president and COO Gregory Probert lied about his credentials, Probert has resigned from the company, effective today. Media reports are cute. Instead of saying [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[827,184],"tags":[1180,1179,202],"class_list":["post-1440","post","type-post","status-publish","format-standard","hentry","category-public-companies","category-pyramid-schemes-mlm","tag-fake-degree","tag-gregory-probert","tag-herbalife"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-ne","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=1440"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1440\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}