The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...

It can be difficult to tell the difference between a legitimate multilevel marketing plan (MLM) and an illegal pyramid scheme - even for the agencies that investigate them. If you are considering ...

You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...

When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...

A new year is upon us, but I thought it would be fun to discuss a scam as old as time for the first 2023 edition of the Mid-Valley Scam Alert. The pyramid scheme — the OG scam if you will — is today’s ...