FTC: Vemma shut down for running pyramid scheme

Six years ago, David and Debbie Reeder decided to leave Vemma to seek out another opportunity. “We were distracted,” admits Debbie, reflecting on the four-year season. “You don't know what you have until it's gone.

According to the FTC's complaint [PDF], Vemma – a multilevel marketing company that claims to use its members, called “affiliates,” to promote its health and wellness drinks – focused on recruitment of these affiliates, rather 

Analyst Timothy S. Ramey noted differences between Herbalife and Vemma, alleged to be a pyramid scheme. "It's a pleasant surprise but HLF shares are behaving this morning the way we would expect (or hope), based on the FTC action against private 

FTC: Nutritional drink maker Vemma has been temporarily shut down for running pyramid scheme. By: The Associated Press Posted: 08/26/2015 11:51 AM | Last Modified: 08/26/2015 5:32 PM | Comments: Tweet; Post; Reddit; ShareThis; Print; Email.

According to the FTC's complaint [PDF], Vemma – a multilevel marketing company that claims to use its members, called “affiliates,” to promote its health and wellness drinks – focused on recruitment of these affiliates, rather