The FTC has issued at least 379 MLM companies with deceptive and/or unfair conduct notices. This was announced by the FTC on October 26th. If it slipped under your radar, you’re not alone. I learned of the FTC’s announcement via a tip sent in by a reader. At first I thought there was some funny [Continue reading…]
Jeunesse @ BehindMLM
Last year Jeunesse top-earner Theresa Gregory was busted for tax fraud by the IRS. After pleading guilt to the charges in August 2020, Gregory was earlier this week sentenced to 36 months in prison.
Knowledge Economy has published an article expressing surprise at Jeunesse accepting orders from Chinese residents. As previously reported, earlier this year over a quarter billion worth of Jeunesse products were seized by Chinese authorities. Jeunesse’s President of Greater China, Robin Lee (cited by KE as “Li Weixing”), was arrested in May. In addition to Li [Continue reading…]
Top Jeunesse earner Theresa Gregory and her daughter Tera Gore, have plead guilty to multi-million dollar tax fraud. According to an investigation by the IRS, Gregory has been in the MLM industry “since the 1990s”. With the aid of her daughter, Gregory began committing tax fraud from around January 2008.
A report from Morning News Direct Sales alleges that Jeunesse products worth 1.5 billion yuan were seized on May 19th. The haul equates to $210 million dollars in seized inventory, and is the second largest seizure of Jeunesse products to date.
A Tranont distributor is marketing their supplements as a Coronavirus preventative.
The cost of appealing what has been condemned as a “paltry” settlement that ‘will inevitably result in the vast majority of (Jeunesse victims) receiving nothing‘, has been set at $70,000.
Despite it appearing to be a bum deal for Jeunesse victims, the RICO lawsuit settlement has received final approval. On January 9th a court order granting the settlement found it to be ‘fair, reasonable, adequate, and in the best interests of the Settlement Class Members‘. Under the terms of the settlement, Jeunesse will pay $2.5 [Continue reading…]
Back in August it was announced Jeunesse had settled a lawsuit alleging RICO violations for $2.5 million. Through an amicus curiae brief filed on December 7th, Truth in Advertising (TINA) has opposed the settlement. According to the consumer advocacy organization, Jeunesse’s settlement ‘provides no meaningful benefit to‘ victims and permits ‘Jeunesse to continue unfettered with [Continue reading…]
Following on from a settlement reached in the RICO class-action against Jeunesse, a settlement website has been established. The website is managed by third-party Epiq and contains vital information for affected Jeunesse victims