Breaking VEMMA News: FTC Claims VEMMA Illegal Pyramid Scheme

When Does Aggressive Sales Team Recruitment In MLM Become Enticement Into An Illegal Recruitment Pyramid"

lawyers

Updated August 27th, 2015: MLM Attorney Kevin Thompson now on Vemma Legal Team!

Vemma affidavits re. product experience.The instructions are included in the video. #1 Get the word file here: https://thompsonburton.box.com/shared/static/sd950goq8c9jdlluteyhquu6ghkqnu8c.docx#2 Complete your affidavit, get it notarized. Be sure to delete the highlighted fields. Those are there to get you started. The affidavit needs to be in your own words. #3 Upload a copy of the notarized form here: www.thompsonburton.com/vemma/. Save the original just to be safe.

Posted by Kevin Thompson MLM Attorney on Thursday, August 27, 2015

I have read the FTC .vs Vemma complaint alleging that Vemma is an illegal pyramid scheme. I will be reporting on what we can all learn from issue over the next few posts and videos. 

ComplianceMany have asked if I now after reading the FTC .vs VEMMA complaint and supporting documents, if I now believe Vemma is an illegal pyramid, and the answer is still NO!

I do however believe that BK Boreyko and the team at Vemma, may have taken their eye off the ball in some areas, and when you do this too many times, then what seems like small infractions, can mushroom into what we see has happened at VEMMA.

As I wrote earlier this week, this isn’t just a Vemma issue, this is an industry-wide issue.

I will be doing a video and editorial on this issue over the next few days, to address what I see as the most obvious issues the FTC have raised as concerns.

The two major allegations are:

  1. Pyramid Scheme
  2. Illegal Recruiting Enticements

You can read this full editorial and read the FTC Complaint by clicking here! 

 

MLM News Report: New ANMP Board Members And Record Breaking Months For Network Marketing Companies

news

MLM News Report

Covering New ANMP Board Members, Organo Gold, Vemma, Youngevity, Evolv Health,

Green Organics, The Limu Company and much more!


 

BEST SOURCES TO HELP YOU BUILD YOUR MLM EMPIRE SAFELY FROM THE
TOP MLM PROFESSIONALS IN THE WORLD

ASSOCIATION OF NETWORK PROFESSIONAL OFFICERS

President – Garrett McGrath
Executive – V.P.  Peter Minglis
Vice President -Brian McMullen
Secretary – Lorene Williamson
Treasurer- Marcie Cook

Youngevity Adds 11,000 New Customers and Distributors In Feb 2012

AL International, Inc. (Pink Sheets: JCOF), a global direct marketer of lifestyle and nutritional products as well as gourmet coffee, is experiencing robust growth on the strength of more than 25,000 new customer and distributor enrollments that have taken place over the last four months. (Click above to read the full press release)

 

The Limu Nation is Breaking Records Month Over Month in The USA & Japan!

(Click above to read the full report)

 

Purported Special Investigation: Organo Gold Federal Investigations

According to the first article, it seems that the investigative report went to an Organo Gold business meeting and witnessed firsthand that the Organo Gold representatives were NOT operating an illegal pyramid based on what was written on the KRGV website:

“Organo Gold brands itself as a “healthier coffee.” In a packed house in Weslaco, representatives were recruiting others to sell the instant coffee.”

Notice in the above statement the KRGV reporter is very clear “Recruiting to SELL the instant coffee.”

Based on the above statement written by the reporter it is easy to see, even they realized a sales presentation was going on, not an illegal pyramid recruiting scheme.

(Click above to read the full article)

 

PAULA SCARCELLA FOUNDER OF GREEN ORGANICS ATTRACTS

MLM VETERAN JOE GENTLE AS NEW EXECUTIVE V.P.

Joe has been with the same company in the field for seventeen years, earning in excess of $1 million dollars in personal income and helping others on his team reach this same incredible financial goal. Not only that, he has helped thousands replace their current incomes with full-time network marketing income.

(Click above to read the full article)

 

 

 

Vemma, is one of a handful of companies willing to show the world their financial strength. Ted Nuyten reported on this earlier this week, and did a fantastic job. You can read his full report by clicking here!

I waited to post until BK had the team shoot me over the IDS (Income Disclosure Statement) so I could make sure I did not cause Vemma any issues here in the States with the regulators.

As I read through the incomes I took notice of three things. First the fact the very top earners have been with Vemma since the very beginning. They have not looked for several companies to build. Ruth & Jeff Elliot and Tom & Bethany Alkazin are wonderful examples of building a network marketing business correctly.

The second thing I noticed was that Vemma is building a second generation of networkers, who are following in their parents footsteps… Successfully! Brad Alkazin has learned from his dad, he is building it by attracting the Gen y entrepreneurs at the colleges.

And third, Vemma is attracting Gen Y to the company in a huge way, and they are making great incomes.  Michele Barnes is not letting anything stand in her way of creating the life she has always dreamed of.

My hat is off to all the Vemma Brand Partners!!!

You can read the Vemma Income Disclosure Statement by clicking here