Vemma got its start in tempe arizona and began recruiting students at arizona state to sell its energy drink product.
All natural energy drink pyramid scheme.
Xs energy drink pyramid scheme.
Vemma nutrition a company that sells energy drinks was temporarily shut down on the grounds that they were operating a pyramid scheme.
Many consumers are cautious about multi level market scams.
Federal regulators raided the tempe ariz headquarters of vemma halting the operation of the energy drink distributor that used college kids to peddle the beverage sold under the name verve.
According to the federal trade commission pyramid schemes promise consumers or investors large profits based primarily on recruiting others to join their program not based on profits from any real investment or real sale of goods to the public.
Xs energy drinks sell through amway which has a multi level marketing business plan.
Xs energy drink cost.
Multi level marketing company vemma nutrition was recently shut down by the federal trade commission for operating as a pyramid scheme.
In fact some of the companies have been investigated by the ftc and fined but specifically not called a.
They re multilevel marketing companies designed to give benefits to existing members for recruiting new members.
This is reportedly higher than other energy drinks.
If your income is based predominantly on how many people you recruit into the program not how much product you sell it s a pyramid scheme.
Vemma the wildly popular energy drink company may or may not be a pyramid scheme but it ll definitely be on your college campus soon.
The company is one of many that have targeted college students to make a profit.
This type of business structure is completely legal though there are many advocates against it.
A pyramid scheme is a fraudulent investment strategy deemed illegal in the united states.