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Herbalife: Red Flags and News Items of Interest

Dec 24, 2012 | Scheme Alerts

  • Major Hedge Fund Manager Charges that Herbalife Is an Illegal Pyramid Scheme; (this website offers a rich resource of information about charges and evidence of deception at Herbalife).  
  • News Media Interviews with Hedge Fund Manager on Herbalife Pyramid Charges:
    CNBC
    Bloomberg  
  • More Signs of Herbalife Pyramid Scheme Cited by Pyramid Scheme Alert 
  • The Case of Herbalife’s Missing Customers: A Red Flag for Fraud:
    This essay is a False Profits Blog authored by Robert L. FitzPatrick that analyzes the Herbalife business model and why a Belgian court concluded that Herbalife is a pyramid recruitment scam, not a direct selling company
  • A European Court Rules: “Herbalife Is an Illegal Pyramid Scheme”  
  • Federal Judge Ruled that Distributor Charges that Herbalife Is a Pyramid Scheme Are Worthy of a Trial 
  • Class Action Settlement with Herbalife Reveals “Secret” Business, Similar Amway “Tools” at Work at Herbalife; New Recruits Hit for “Leads” Costs  
  • Herbalife-Related Recruitment Scheme Pleads Guilty to Pyramid Charges in Canada

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