Explaining Herbalife's alleged 'pyramid scheme...

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Activist investor Bill Ackman made a 3 hour presentation slamming Herbalife and its practices. He boils down the argument for Cristina Alesci.

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Reporter was two seconds away from trying to recruit Bill into her down line

itsbunessa

If you have to defend your company for not being a pyramid scheme, it is likely a pyramid scheme

Melina.folina.

I had a coworker who was insisting that I invest 2k USD into this new pyramid scheme called Sanki. They sold a powder in small packs with "Japanese technology" developed by Yamanaka Harotari or some name like that.

I told him it was a pyramid scheme and he would deny it all year long. He would tell me "look, these people became investors and they're now making 100k a year"
I was like "man, it's a pyramid scheme"
That was back in 2012. Dude doesn't even want to talk about it now lol

ShinkuNakamoto

people under estimate what bill ackmans is trying to say, bill ackman knows more about herbalife than most distributors themselves, distributors will always go against whqat he has to say, at the end of the day, bill ackman is doing the world a service, people should pay homage to this hard working man!

Cristina needs to get up to speed and do her homework with a guy like Ackman across from her...

TheWitchOvAgnesi

Love how the CFO says the competition is McDonalds. How in the hell does a nutritional company compete with McDonalds.

yost

It is a scam all of their “distributors” aren’t selling the product they are selling them to “future distributors “

GG-outz

Its the same as Amway except Amway has a Lower Success rate. Amway was taken to court in the UK where it was discovered that 99.7 percent of all IBOS lost money. Amway was ordered in the UK to stop charging Joining fees and renewal fees. For some reason they are still being allowed to charge these fees in most other countries.

FeminismDebunked

Amazes me the poorest ppl are in it, despite them making it seem like a legit oppurtunity

mendealingwithreality

Exactly. We have seen this happen with people we have even worked with in the past and this is exactly what happens. A poor person recruitment friends and family. Sad state of affairs.

successglobal

I want to be friends with Ackman. For the fact alone of him being someone to point out a crook in a herd of cowards

MrAntiGema

All MLM companies have a 99% + Loss Rate.

portadelaidepower

To anyone defending this trash product and saying they had results. Let me open your eyes, most of these companies use the concept of placebo effect it is all marketing.
The so called results are temporary and often caused by unstable unnatural ingredients in these products. Then they form a brand community and often bring in brand loyalty by making you endorsers and making you spend your time and money.
These are all marketing concepts that we learn in a marketing major in bachelors .
In this case it is unethical that they are using these methods because these products are edibles and you are consuming these products. As a consumer it is important to be responsible and think about
What about side effects and toxic and steroids in it?
What are its effects on my organs and gut health in the long run.
Are these results accelerating and sustainable or just temporary.

Don't t be so delusional and so ignorant to the fact that this product has no medical backing at all, no real doctors with real degrees recommend it. Wake up use your money wisely opt for a balanced diet chart, go for licensed nutritionist.

aura