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Vemma ( / ˈviːmə /) Nutrition Company was a privately held multi-level marketing [1] [2] [3] company that sold dietary supplements. [4] The company was shut down in 2015 by the FTC for engaging in deceptive practices and being a pyramid scheme. [5] The company, based in Tempe, Arizona, was founded in 2004 by Benson K., Lauren, and Karen Boreyko.
Vemma is probably the most complex, vital nutrition concentrate you have ever seen. This unique composition has clinically proved its natural power on the body. The efficiency is proved by clinical publications, studies and mostly by thousands of consumers. Full range of health because all the protecting vitamins, antioxidants, natural agents ...
The FTC will be mailing refund checks totaling more than $2.2 million to people who lost money to an alleged pyramid scheme operated by Vemma Nutrition Company. The refunds are the result of the FTC’s settlement with Vemma , an Arizona-based multilevel-marketing company that sold health and wellness drinks through a network of distributors ...
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Aug 26, 2015 · At the Federal Trade Commission’s request, a federal court has temporarily halted an alleged pyramid scheme, Vemma Nutrition Company, that lures college students and other young adults with the prospect of getting rich without having a traditional 9-to-5 job. The FTC seeks to stop the operation, which earned more than $200 million annually in ...
Aug 26, 2015 · Stipulated Order for Permanent Injunction and Monetary Judgment Against Vemma Nutrition Company, Vemma International Holdings, Inc., and Benson K. Boreyko (479.79 KB) File Stipulated Order for Permanent Injunction and Monetary Judgment Against Individual Defendant Tom Alkazin and Relief Defendant Bethany Alkazin (374.02 KB)
Vemma Behind the Scenes. FTC court documents reveal that Vemma reclassified failed distributors as customers to pump up supposed customer base, was losing money — more than $4 million worldwide in 2015 — and that 94 percent of affiliates earned less than $500 per year between 2013 and 2014.
Vemma, its CEO Benson K. Boreyko and top distributors have reached a settlement with the FTC in the pyramid scheme case the agency filed more than a year ago pending approval from the agency commissioners. While details of the settlement have not yet been disclosed, court documents state that the company, Boreyko and top distributor Tom Alkazin ...
