Vemma @ BehindMLM

Following a hearing held today, the Judge hearing the case will purportedly take up to three days to rule on whether a preliminary injunction should be granted. We’ll have more when the legal docs go up.

In direct response to Vemma’s raised objections to a preliminary injunction being granted next Tuesday, the FTC filed an “omnibus reply” late Friday. In their reply the FTC cover the reclassification of affiliates as customers, the focus of the Vemma business opportunity, pay to play concerns within the Vemma compensation plan, the failure of Vemma’s [Continue reading…]

At the core of the FTC’s pyramids scheme case against Vemma is the issue of a lack of significant retail activity, along with deceptive income claims. Thus it was surprising that one of the first moves we saw Vemma’s attorney’s make, was to solicit affidavits from the general public. To this day I don’t know [Continue reading…]

Income Disclosure Statements have become somewhat of a joke these last few years. Rather than present the general public with an accurate snapshot of the business, MLM companies instead seek to manipulate the data such that they exclude as many affiliates as possible. Here’s Lyoness doing it in 2012 and Empower Network and Herbalife in 2013. [Continue reading…]

Filed alongside BK Boreyko’s response, in this article I’m going over Vemma’s official response to the FTC’s request for a preliminary injunction. Not surprisingly Vemma are objecting to a preliminary injunction being granted. Here’s why.

As required by court procedure, the CEO and Founder of Vemma, BK Boreyko, today filed a response to the FTC’s allegation that Vemma is an illegal pyramid scheme. In his response, Boreyko complains about the manner in which the FTC brought their case against Vemma, offers numerous strawman arguments seeking to weaken the Thacker declaration [Continue reading…]

One of the goals of the recently appointed Vemma Receiver has been to establish whether the company directly or indirectly represented that consumers who become Vemma Affiliates were likely to earn substantial income, which is contrary to the companies’ published 2013 and 2014 results in its disclosure statements. Part of that journey saw the Receiver evaluate Vemma’s [Continue reading…]

Robb Evans is no stranger to pyramid schemes. Appointed Receiver in the Fortune Hi-Tech Marketing pyramid scheme case, on August 24th Evans was also appointed temporary Receiver of Vemma. Since his appointment, Vemma claim Evans has summarily terminated all of Vemma’s business operations summarily laid off the more than 100 Vemma employees failed to pay [Continue reading…]

As per a Stipulated Motion To Continue Preliminary Injunction filed on August 31st, the preliminary injunction hearing in the FTC Vemma case has been rescheduled for September 15th. The motion has also resulted in the temporary restraining order granted against Vemma extended to the 18th.

Well-known MLM attorney Jeffrey Babener has been in contact, with his views on the recent FTC illegal pyramid scheme lawsuit filed against Vemma.