Hot Business News Today

TelexFree Hearing Next Week

 
A hearing will be held in Boston next Tuesday to determine whether an Ashland man accused of running an international pyramid scheme can access $4 million of his money to help fund his defense.
TelexFREE co-owner James Merrill initially asked the U.S. District Court two weeks ago to release the funds, which he said are necessary to cover the exorbitant cost of defending himself against a charge of conspiracy to commit wire fraud.
But government prosecutors have resisted, telling the court Merrill has not shown the money didn’t come from TelexFREE, which several state and federal agencies have charged with being a pyramid scheme.
The hearing will be held before Magistrate Judge David H. Hennessy at 9:30 a.m., according to court records.
 
TelexFREE was ordered to shut down last summer in Brazil, after a judge ruled it a “financial pyramid” scheme, according to news reports.
Galvin’s complaint says the company has raised over $1 billion worldwide, “often from honest earnings and savings accounts of Brazilian-Americans and other minorities.’’
The scheme works by constantly bringing in new money, the state alleged. For instance, participants are recruited to invest either $289 or $1,375, and receive a number of advertising kits in return. By posting ads on web sites

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Sandra Bullock Tupperware Movie Acquired By Sony Pictures

 
“The Help” director Tate Taylor is attached to helm the project about the rise and fall of Tupperware marketing exec Brownie Wise.
Sony has signed a deal to acquire an untitled project detailing the rise of a Tupperware exec that hasSandra Bullock attached to star and Tate Taylor set to direct.
David Hoberman and Todd Lieberman of Mandeville Films and Television, whose credits range from The Fighter to The Muppets, packaged the project and are producing along with Tom Shelly. Taylor will also produce via his Wyolah Films shingle.
The project was picked up in a competitive environment and several studios, including Warners and Paramount, were bidding, according to sources. The movie marks the first official role Bullock has taken on since her Oscar nomination this year for her performance in Gravity.
Taylor wrote the script for the project, which is based on Tupperware Unsealed, the nonfiction book written by Bob Kealing about Tupperware marketing guru Brownie Wise.
Tupperware was originally developed by Earl Silas Tupper but took off in the 1950s when sales exec Wise came up with the idea of having Tupperware parties. Soon those gatherings were sweeping the nation, and Wise became as popular as the product she was selling. In 1954, she became the first woman to appear on the cover of Businessweek.
Wise, unfortunately, began clashing with Tupper, who eventually

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Top Industry Leader, Lee Nguyen, Joins Vemma

 
Vemma Nutrition Company is excited to welcome Lee Nguyen as the newest Affiliate to join the company.
 
Lee Nguyen previously owned a manufacturing and retailing business in South Florida. He joined the network marketing industry nine years ago. Previously, Nguyen earned a significant income with another company and now has decided to make Vemma his home.
“I made great money with my traditional business and I loved what I was doing, but I didn’t have a lot of time for my family,” said Nguyen. “When I discovered network marketing and the power of residual income, I was blown away.”
In his early years exploring the business, Lee learned from many successful leaders in the industry and was able to reach a pinnacle position in his previous company.  
“I am a big believer in the industry. It is truly a great opportunity for anyone who wants to get ahead. I have been blessed to reclaim my time freedom, and I am very grateful to be in a position today to inspire others to dream big and to empower them to realize their potential to change their life,” he said.
The Vemma brands include the clinically studied Verve® healthy energy drink and Vemma Bod-e®, a weight

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Trévo Shares What Its Secret To Success Is

 
Trévo has already spread to over 11 countries in only three and a half short years. President and CEO Mark Stevens and his entire team have tapped into the key that all companies which have attained greatness and, ultimately, legendary status have had in common. There are seven identifiable characteristics – principles, if you will – that will propel the Trévo team toward a destiny of greatness.
As the lives and attitudes of Trévo Life and Health Coaches are shaped through these principles, their lives actually become the catalyst that attracts others to the Trévo culture and lifestyle of prosperity.Imagine having energy to spare, enhanced mental focus, vibrant good health, and a wonderful sense of well-being. Combine this with a lifestyle of limitless financial freedom and that is what Trévo calls the power of wellness. And that is the revolutionary power of the Trévo product!
Unlike other nutritional supplement products, Trévo’s unique formula doesn’t rely on just a few ingredients to provide essential nutrition, but features 174 natural vegetarian ingredients that work collaboratively to intensify the beneficial effects of each individual ingredient. With the help of Trévo’s blend of vitamins, minerals, fruits, vegetables and super-antioxidants, you can restore your vital energy and mental focus,

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Visalus’ UK Kavanaghs And Webbs Hit Over $250k In Earnings

 
The Kavanaghs and Webbs have become somewhat household names within the Visalus UK Community. Due to their fast rise to success, the market’s founding Promoters have appeared numerous times in Visalus’ marketing materials—from The Challenge Magazine, to Vi-LIFE Magazine, to promo recognition lists.
This time, 5-Star Ambassadors Trisha & John Kavanagh and 1-Star Ambassadors Peter & Hilary Webb made headlines for achieving over $250K in personal earnings within just 12 months with Visalus.
Read on to see how these two Visalus couples have built such momentum for their Visalus business!

5-Star Ambassadors Trisha & John Kavanagh: “Vi allowed us to dream again”

With a strong team behind them, and 700 Rising Stars heading up the ranks daily, the Kavanaghs have already generated £1.3 million (that’s over $2.2 million USD) in sales in the first half of 2014! 
They proudly accepted their exclusive $250,000 Earners Pendant at UK’s first RST of the year. There they were cheered on by many of the 200 Promoters they helped achieve a BMW, and some of the 1,050 Customers and Promoters who they helped qualify for 3 For FREE. 
“To have achieved an income of $250,000 in our very first year with Visalus is something that we feel tremendous gratitude for,” said Trisha and John. “It has enabled us to create financial stability for the first

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Herbalife Members To Fight Back

 
Herbalife, a leading global nutrition company, announced today that dozens of independent Herbalife members and independent business owners will hold a press conference during the Herbalife Extravaganza in Chicago in order to take a stand against the continuing campaign of attacks and misinformation being waged by Bill Ackman and Pershing Square Capital Management.
Thousands of Herbalife members from across North America are gathering this weekend to celebrate the positive impact Herbalife has had on their lives and in their communities.
“Members like me are under attack by a billionaire hedge fund manager who has embarked on an unprecedented effort to take down my way of life, and we want him to know that Herbalife members won’t stand for it,” said Silvia Muir, an Herbalife member from Palatine, IL who will be taking part in the press conference.
“Bill Ackman has displayed a bald-faced hypocrisy in his sham support for Latinos,” said Pablo Caicedo a member from Lincoln Park, IL who will also be taking part in the press conference. “As a Latino, I think it’s important for the world to know the truth: that Bill Ackman is only interested in his own short-sighted financial goals and has a history of investing in

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