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You Searched For "pyramid scheme" and got 19 results


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ACKMAN: Actually, Herbalife is a pyramid scheme

The activist investor has long framed Herbalife as a fraudulent company, placing a $1 billion short…

Rachael Levy   


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1 min read

BILL ACKMAN: Herbalife Looks Just Like A Company The Feds Accused Of Being A Pyramid Scheme

Ackman's latest presentation compares Herbalife to Fortune Hi-Tech Marketing, a multi-level marketi…

Julia La Roche   


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TikTok is banning content that promotes pyramid schemes and multi-level marketing companies

"We do not permit anyone to exploit our platform to take advantage of the trust of users and bring …

Allana Akhtar   


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1 min read

Kellogg School Of Management Professor Wrote A Paper On How Herbalife Is NOT A Pyramid Scheme

By pyramid scheme, Pershing Square believes that Herbalife's distributors earn more than 10 times b…

Julia La Roche   


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John Oliver warns people about why pyramid schemes are 'f---ing awful'

"Within 14 cycles, every single person on earth would've seen this, to the point that we will need …

Jethro Nededog   


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Washington Attorney General accuses LuLaRoe of operating an illegal 'pyramid scheme' in new lawsuit

The company's "marketing and sales activities, misleading income and lifestyle claims, emphasis on …

Hayley Peterson   


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1 min read

REPORT: The FTC has decided that Herbalife is not a pyramid scheme

The FTC opened a probe into the company after hedge fund manager Bill Ackman alleged that it operat…

Akin Oyedele   


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1 min read

UPDATED: Shares Of Herbalife And Nu-Skin Are Getting Crushed

The Federal Trade Commission will co-host a press conference in Lexington, KY, today at 1 p.m. ET (…

Julia La Roche   


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5 mins read

Experts say LuLaRoe gets $4.75 million slap on the wrist, as company eludes admission of any wrong doing

"It's not over leggings that got wet. It's over loss. It's over lies," MLM expert Robert Fitzpatric…

Áine Cain   


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1 min read

Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'

Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…

Cheryl Teh   


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3 mins read

The 'secret sister' gift exchange on Facebook is actually an illegal pyramid scheme

It spreads via a Facebook post advertising the exchange (36 gifts in exchange for 1!) and asking si…

Rob Price   


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3 mins read

The state-backed pensions lifeboat is 'a pyramid scheme with a dwindling number of members'

Intervention should be public, with the Regulator empowered to stop the payment of dividends or exe…

Oscar Williams-Grut   


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2 mins read

Bill Ackman Launches A New Website To Go After Herbalife

Although Dahl is no longer a member of the Herbalife Chairman's Club, his story remains important f…

Julia La Roche   


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1 min read

Elements of private equity firms resemble Ponzi schemes, Europe's largest asset manager says

"Eventually there will be casualties, but that might not be for three, four, or five years," Amundi…

Brian Evans   


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Bill Ackman made an awkward comment about Korean people and why pyramid schemes work so well with them

The Pershing Square founder was speaking about multilevel marketing company Herbalife - which Ackma…

Portia Crowe   


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Bill Ackman is back in the red again on his infamous Herbalife short

For more than two years, Ackman been very publicly crusading against Herbalife. It's Ackman's conte…

Julia La Roche   


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1 min read

A California 'pyramid scheme' lawsuit against Herbalife has been dismissed - and the stock is surging

Ackman has publicly said that he believes the company operates as a "pyramid scheme" that targets p…

Julia La Roche,Reuters   


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Herbalife is surging after a report that the company has reached a settlement with the FTC

The New York Post reported, citing someone familiar with the matter, that Herbalife reached an agre…

Akin Oyedele   


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A Major Consumer Protection Organization Wants The FTC To Check Out Herbalife

“We are pleased that the National Consumers League, the nation's oldest and one of the most respect…

Sam Ro