So, an quick update for Vemma – The lastest hearing was in Phoenix, Arizona on September 16, 2015 as the FTC had its time in court with Vemma, a Tempe based nutrition company (MLM).
What the FTC was accusing Vemma was that it was operating as an illegal pyramid scheme that rewards affiliates for recruiting participants instead of for selling products, that the defendants provide affiliates very little guidance for selling products, but how they instead teach them to give away products as samples when recruiting new people. Also, allegedly running an illegal pyramid scheme, all of the defendants are charged with making false earnings claims, failing to disclose that Vemma’s structure that ultmately shows in black and white that over 98% of the new people who join will not earn a decent income. They also feed the new affiliates with false and misleading materials to recruit others (as many as they can recruit).
So, onto the court hearing which started with Dr. Stacie Bosley. This Dr. Stacie Bosley holds a BBA in Finance and a Ph.D. in Applied Economics. Why she is involved in this, is due to the fact that she is currently an assistant professor in the department of Management, Marketing and Public Administration at Hamline University. Which she studies how pyramid schemes in the U.S. and around the world, work and how the social and economic factors influence the participation. This is why she in involved and basically opened the court for the first day. They considered the testimony from Dr. Bosley very damaging on behalf of the FTC.
However, her witness testimony was lacking due to the fact that she hadn’t even reviewed Vemma’s internal data. So, it was not too good going on that.
Kevin Thompson – The MLM Attorney
Afte Dr. Bosley, Mr. Kevin Johnson explained the events on August 24th and 25th when they ceased and froze operations of Vemma. On August 17, 2015, the FTC quietly filed documents with the Federal District Court in Phoenix, Arizona, including a five-count complaint against defendants primarily alleging that Vemma is an illegal pyramid scheme.
So, out of concern that imperative evidence would be destroyed or even worse that Vemma’s assets would disappear, the FTC was granted an ex parte Temporary Restraining Order with Asset Freeze, and appointment of receiver against Boreyko and the Vemma entities on August 21, 2015.
What happened next is that Mr. Johnson stated he could not sell products because he was not legally allowed to and was only legally allowed to continue distributing commissions. On the contrary, later the defense stated that Mr. Johnson could in fact sell product and continue operations.
So, not sure what the heck is going on here.
The more witnesses that were called, the stronger Vemma looked. As most initially walked into that courtroom expecting the worst, they walked out wondering exactly why the FTC was wasting everyones time for (as usual). It seemed that every accusation the FTC stated ended up being not substantiated at all.
In asking MLM attorney Kevin Thompson what his opinion was of the hearing at the third recess he said,
“Vemma’s legal team has shown that the FTC has not quite done its homework. In my opinion, based on testimony today, they will be able to operate to some capacity again.”
So, what happens from this point on with MLM?
Kevin Thompson explains, “this proceeding is informative for other MLM’s because it defines what the FTC finds offensive and that’s valuable.”
Finally, when the VP of Vemma’s compliance department was on the stand I expected the FTC to finally get the edge. Still, after about twenty minutes or so it was still all about nothing. Another wasted day of our tax money!
So, now the judge has 3 days to form a judgement. Usually, these court proceedings end up in the favor of the FTC, no matter what.
Well, this is just another HUGE reason to stay away from MLMS.
So, let’s talk about wig stores in San Diego verses the ones in Denver, shall we? We all know how Denver, Colorado is one of the fastest growing cities at this time. However, San Diego, California is one of the biggest and most beautiful cities and continues to grow at a fast rate as well. As far as these two cities, what we can tell you is if you are in need of real human quality hair wigs there are several in both cities, however Wig Stores in San Diego are some of the best in the world! Seriously, in the world….
Denver’s business climate is such that it is considered one of the fastest growing and most properous cities in all of our states at this time. What that means for the wig stores in San Diego, California is that they are opening up several wigs stores in the Denver community as I write this.
So many women and men need quality real human hair wigs and this company is doing just that for these people. Especially the women at this time are so devastated by hair loss, not to minimize the mens’ feelings, however women are not looked upon the same as a man when losing their hair in our society. So, let’s be of service to these women and men that lose hair due to cancer, alopecia or whatever the reason. We are going to be there for these people!
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You can find out why this is imperative to talk with the owner for she has lost her hair due to cancer and other reasons. She personally knows what it feels like to have those stares and people judging women for having no hair. Reach out to her and let her know your story so she can help you with her real human quality hair wigs.
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