FTC Crackdown on Homeopathic Ads in United States
The FTC is always watching for deceptive advertising. In the US, the Food and Drug Administration has detailed requirements for the marketing of homeopathic materials. But just this year, that…
Alternative Views
Bill Ackman Details Similarities Between Herbalife and Vemma
Bill Ackman’s Pershing Square Capital Management, L.P. released a detailed analysis that demonstrates significant structural similarities between Herbalife (NYSE: HLF) and Vemma Nutrition Company, the multilevel marketing company that has…
The Herbalife and Bill Ackman History featuring Michael Johnson
Hedge fund titan Bill Ackman has been on a nearly three-year quest to bring down the $5 billion-in-revenue nutrition giant. Call it destructive activism. But worth asking: Do short-sellers make…
The Safest Place to do your MLM is out of this world
The safest place to do business for now may be in outer space? NASA gives thumbs up to use of colloidal silver as antibiotic in space; FDA has no jurisdiction…
The FTC’s Prosecution Policy is Unfair and Deceptive to Multi Level Marketing Companies
Robert Fitzpatrick is a well known anti-mlmer. Here’s his stance: The recent action by the FTC to prosecute a leading multi-level marketing company, called “Vemma”, has aroused alarm among some…
Are Gifting Clubs Really Pyramid Schemes
Better Business Bureaus are again detecting a rise in gifting clubs — groups that manage to convince newcomers that they will receive thousands of dollars if they make a “gift”…
FDA goes after mislabeling like FTC goes after claims
The FDA (Food and Drug Administration) goes after mislabeling and deceptive practices like the FTC (Federal Trade Commission) goes after deceptive trade practices like income and medical claims. In the…
SEC Advisory: Stop investing in “Forward Direct Selling”
The Securities and Exchange Commission (SEC) advised the public to stop investing in Forward Direct Selling Corp., which allegedly engages in pyramiding operation. The company is operated by the same…
Bitcoin can be used for Blackmail and Ransom
If copying is considered a compliment of sorts, it appears bitcoin is now “legit” for use in blackmail and ransom. Here’s one recent example on Ashley Madison. If you are…
The Trouble With Conventional Energy Drinks
With kids heading back to college in just a few weeks, it means heavy course loads, late night studying, and cranking out papers. For many students, energy drinks have become…