Tag Archive for Allegations

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Eaconomy New Allegations Coming up

by Team Business For Home • April 15, 2024 • 0 Comments

On 8 April 2024, we reported about several allegations around Eaconomy with as title Eaconomy Not paying Commissions, Terminating Leaders? A Review
Today Ronald Naranjo, the former Nr. 3 of Eaconomy published a video about his experience with Eaconomy and founder / CEO Hassan Mahmoud.
Ronald Naranjo stated according to the video:

“I’m going to tell you the story of Eaconomy with balloons so that everyone understands what really happened. After the event we had in Medellín we get up in the morning and we had our back offices blocked and our virtual offices blocked.
And yes they don’t pay commissions And how do I know that they don’t pay us commissions Well, because I I was one of the first affected by all this that happened after all.
I’m going to tell you the truth and to give you a little more context in April of the year past that is 2023 I was in Cancun at the ower owner’s house where we were doing the negotiation.
He had the third position in the company. So I know what was happening in the downline and now I’m going to tell you about it. Let everyone be clear and don’t eat Chinese tales of what

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Nerium International – Nerium Biotechnolgy Shareholders Deny Allegations

by Ted Nuyten • February 23, 2017 • 0 Comments

On 20 February we published court documents (we did not make it up….) in which Jeff Olson – CEO Nerium International is accused of numerous inappropriate transactions by 2 partners / shareholders:
1. Nerium SkinCare (NSC) is a division of Nerium Biotechnology Inc., President is Dennis Knocke.
2. Nerium Biotechnology inc. (NBI) CEO is Dennis Knocke, the company owns 30% of Nerium International.
So there are 3 different Nerium companies, which make the case confusion. Nerium International and NSC/NBI have business disputes with each other that they are addressing in court.
The article got over 100,000 hits and many Nerium network marketing distributors were more than upset.
Business For Home was able to retrieve a letter by a group of shareholders from Nerium Biotechnology Inc represented by Donald R. Gardner, and Gardner represents a large

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Judgement Day For Vemma – Exclusive Reporting

by Tina Williams • September 15, 2015 • 0 Comments

A hearing was held in Phoenix, Arizona today as the FTC had its showdown with Vemma, a Tempe based nutrition company. The accusations against Vemma by the FTC were that it is an illegal pyramid scheme that rewards affiliates for recruiting participants rather than for selling products, that the defendants provide affiliates little guidance for selling products but instead teach them to give away products as samples when recruiting new participants.
In addition to allegedly running an illegal pyramid scheme, the defendants are charged with making false earnings claims, failing to disclose that Vemma’s structure ensures that most people who join will not earn substantial income, and furnishing affiliates with false and misleading materials to recruit others.
The hearing opened with Dr. Stacie Bosley: Dr. Stacie Bosley, who holds a BBA in Finance from the University

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Vemma CEO Responds To Accusations In The Media

by Ted Nuyten • August 1, 2014 • 0 Comments

BK Boreyko, CEO Vemma, reponds to accusations in the media in the next statement to Vemma Elite members:
“Last year, together we accomplished something only 18 out of the thousands of networking companies in the world did – we GREW by $103 million to finish at $221 million! This marked the biggest, most successful company in my career. It just figures when you’re bigger than ever, you’ll receive more negative attention than ever. I don’t understand why success attracts negativity, but it always has and I guess it always will.
The recent media coverage on Vemma has been disappointing. Our strategy to move to affiliate marketing and improve our business model was designed to make our opportunity more attractive. Well, I learned early on to turn my disappointments into determination. I don’t know what fires you up, but hate towards what we do and who we help is my fuel for the future!
Let’s talk a bit about the media and their view on what we do. Recently, the producers from the Today Show asked for comments on these topics below and our answers were on point. Some of the topics made it into the show, some didn’t. Below I’ve expanded our responses