In an article posted on the NY Times this week, Herbalife is in the limelight yet again… and not for positive press.
The FTC has received over 100 complaints from people who invested money in companies that marketed home business opportunities, only to find out later on that they were being asked to join Herbalife’s marketing arm and sell its products.
The people who invested money with these third party companies also had trouble getting refunds.
On the Business For Home official website, Ted stated that this is the second set of complaints filed against Herbalife to the FTC. This will obviously raise a red flag and more questions about their ethics and business practices.
Third party companies that promote work from home type opportunities could be a new source of scrutiny for Herbalife, the nutritional products company that has become the subject of a massive battle on Wall Street.
The FTC has received multiple complaints from people who have paid money to companies like Income At Home and Online Business Systems, according to materials the agency released under the Freedom of Information Act.
In a lot of these complaints, customers who contacted such companies said they found out later on in the process that they were being recruited to sell Herbalife products, an opportunity many were not looking to do.
“For a company of our size, we have had a relatively low number of complaints to the F.T.C,” Julian Cacchioli, a company spokesman, said in an e-mail.
Cacchioli also stated that work from home programs, “do not work on behalf of Herbalife and the practices are not condoned or encouraged by Herbalife.”
I hope you have enjoyed this article about the Herbalife Work From Home Claims and FTC Controversy.
Apply to Work With Me! (You’ll be glad you did 😉 )
P.S- Buy My New Network Marketing Book