PORTLAND, Ore. (AP) — Herbalife Ltd.’s shares fell sharply for the second day on hedge fund manager William Ackman’s allegations that the nutritional supplements company is a pyramid scheme. The ...

One of the credibility-building factors that modern multi-level marketing (MLM) companies rely on is the assertion that they're legal. Often, it's said that if a company wasn't following the laws, ...

Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

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 ...

The second Trump administration has been compared to the Mafia, feudal empires, and the petro-states of the Persian Gulf—but an even more relevant analogy may be Nutrilite. Elon Musk walks to the ...

Embattled Los Angeles nutritional supplement company Herbalife posted earnings Monday that missed analysts’ estimates, thanks to changes in the value of Venezuelan currency and declining sales in the ...

BANGKOK (Reuters) - Thai police have arrested 18 people and seized luxury goods after receiving nearly 5,600 complaints about an alleged pyramid scheme, saying on Monday they estimate investors have ...

CHARLOTTE — Federal regulators said complaints against multi-level marketing companies jumped during the pandemic as more people looked for new ways to work from home, affiliate WFXT reported.