Ethan Vanderbuilt

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Neora Sued For Being An Illegal Pyramid Scheme

The Federal Trade Commission has sued the multi-level marketer Neora, LLC, formerly known as Nerium International, LLC, and its Chief Executive Officer, Jeffrey Olson, alleging that the company operates as an illegal pyramid scheme and falsely promises recruits they will achieve financial independence if they join the scheme.
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Herbalife to Pay $20 Million For MLM Deception

The Securities and Exchange Commission has announced that Herbalife Nutrition Ltd.—a direct selling company with operations in over 90 countries— has agreed to pay $20 million to settle charges that it made false and misleading statements about its China business model in numerous U.S. regulatory filings over a six-year period.
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LuLaRoe Is Little More Than A Scam

Attorney General Bob Ferguson has announced a lawsuit against multi-level marketing business LuLaRoe and several of its “home office” executives, alleging that the company’s former bonus structure constituted a pyramid scheme. The lawsuit also asserts that LuLaRoe’s claims regarding sustainability, profitability and inventory refunds are unfair and deceptive.
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Fraudulent MLM Scheme QNET Busted By Cyberabad Police

QNET lured customers promising high returns if they became a part of its businesses including but not limited to cost-optimization, health and wellness, watches and jewellery, personal care and beauty, tour and education. Once a new member joins the chain through a promoter, he becomes an independent representative and gets complimentary items. The promoter, in return, gets a commission. While top-level members get good returns, new members are left with nothing.
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International Markets Live And Wealth Generators Sued By The CFTC

The Commodity Futures Trading Commission (CFTC) today issued Orders filing and simultaneously settling charges against eight unregistered entities and eight unregistered individuals that were offering foreign exchange (forex) and binary options to retail investors located in the United States. The entities included International Markets Live and Wealth Generators.  Two companies that I have warned you about.
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DasCoin Is Using Trademark Complaints On YouTube To Silence Their Critics

This morning I found out that DasCoin is using Trademark Complaints on YouTube to try to silence their critics. First they tried to silence me with a DMCA take down of my article about them, and now they are trying to use a Trademark complaint. Let's hope that they are unsuccessful.
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