Vemma Nutrition Company Shut Down BY FTC

[dg93]

A pyramid scheme company known as Vemma is now temporarily shut down by the Federal Trade Commission. For years they have been scamming gullible college students into believing that they are guaranteed to be making an unrealistic amount of profit by purchasing their product and selling it to people.

Article from Wikipedia: William Keep, the dean of business at The College of New Jersey and an expert in pyramid schemes has said that the company shows indicators of being a pyramid scheme. Keep became aware of Vemma when he found out that a student had been stockpiling unsold energy drinks in his dorm room. Keep and other analysts, as well as former distributors have claimed the company relies on recruiting as its main means of generating revenue.

I hope it gets shut down permanently

[SavageCorona]

Shit I better stop drinking this corporate shill and funding pyramid schemes

[geo]

Ha yeah anything that requires you to purchase bulk and sell it is either a pyramid scheme or a drug dealer.

I always felt Leya Sophia was a pyramid scheme. Sure housewives and stay at home moms sell jewelry that they they mail away for, but the person that signs you up as a Leya Sophia salesperson gets money for your sales as does the person above you. I had three cousins doing that and well it worked out so good Leya Sophia is now out of business.

Problem is after the first month no one buys anything and then there's the pressure of needing to buy because its your friend.

[Technician]

Good.

[dg93]

One of my friends became a Vemma salesman a couple of years ago. He was so hellbent on making a change in his life that he was convinced that Vemma was the way to go. He was also duped into thinking that he would make a fuck-load of money after seeing a Vemma youtube video of a 20-something year old college student making $500,000 in 1 year. He was lead to believe that he'll be able to payoff college debt and purchase a new BMW in no time.... Yeah needless to say he lost money and wasted a lot of time trying to sell a product that is poorly advertised. Vemma is (or was) a company based out in Arizona and trying to sell its products to people on the east coast who have never heard of it is just a bad selling strategy.

Don't believe everything you see on the internet. If something sounds impractical or far-fetched, chances are it is. What he should have done instead of buying into the Vemma bullshit was searching for real jobs.

[geo]

the_miano said:

One of my friends became a Vemma salesman a couple of years ago. He was so hellbent on making a change in his life that he was convinced that Vemma was the way to go. He was also duped into thinking that he would make a fuck-load of money after seeing a Vemma youtube video of a 20-something year old college student making $500,000 in 1 year. He was lead to believe that he'll be able to payoff college debt and purchase a new BMW in no time.... Yeah needless to say he lost money and wasted a lot of time trying to sell a product that is poorly advertised. Vemma is (or was) a company based out in Arizona and trying to sell its products to people on the east coast who have never heard of it is just a bad selling strategy.

Don't believe everything you see on the internet. If something sounds impractical or far-fetched, chances are it is. What he should have done instead of buying into the Vemma bullshit was searching for real jobs.

The exception is never the norm, but people like the "he did it and so can you!" There are services that pay people for reviews and Youtube videos. Just look up a product with the service, they'll send you the product, you review it and then you get paid. Plus there's the Youtube monetization...

Some of the services I've checked out have had a lot of what seem like bullshit products. Stuff you'd see "as seen on TV." Funny they spend all that money on advertising yet they need a service to hook up reviewers to review their product.

Good thing your friend didn't see a movie about a dude that got super powers by being bit by a radioactive spider. This one didn't do it, but the next one will! I'm sure of it!