James Hargrave, account director for JBP Associates Ltd. one of the leading strategic communications consultancies in the UK send Business For Home the next statement on the article: LEOCoin Founders Linked to Pyramid Scheme in Pakistan.
James Hargrave:
” I am contacting you on behalf of LEOcoin following your recent article regarding serious allegations made against them.
Your recent article makes some serious accusations, which appear to be largely drawn from a number of articles, including a recent CNBC piece. You will also have perhaps seen that CNBC have also covered LEOcoin’s recent firm rebuttal of the accusations http://www.cnbc.com/id/102565765.
I would like to draw your attention to this statement from LEOcoin relating to the matters you highlight:
“These accusations are misguided and fundamentally untrue. Dan and Atif have never been involved in any sort of scam
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TriVita Loses Trademark After FTC Fines Them $3.5 Million
by Tina Williams • • 0 Comments
A year after the Federal Trade Commission fined supplement maker TriVita Inc. $3.5 million for making unsupported health claims about its Nopalea cactus juice drink, a federal appeals court on Friday also refused to give the company a trademark registration on the juice name.
The Federal Circuit ruled that “Nopalea” couldn’t be registered as a trademark because it is merely descriptive of the drink — made from juice of the nopal cactus — that TriVita was selling with it.
Although TriVita argued that the addition of the letters “ea” at the end of “nopal” made the name “substantially different in sight and sound” from the common juice name, the court reminded the company that “Nopalea” is the full name of the plant that produces nopal juice.
“’Nopalea’ is not a made-up word obtained by adding arbitrary letters,”
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WOR(l)D Global Network Celebrates Its 4th Birthday In Moscow
by Ted Nuyten • • 0 Comments
WOR(l)D Global Network choose Moscow to celebrate last week its 4 years of activity.
Today, with 350,000 distributors in over 100 countries, the company led by Fabio Galdi is attracting considerable media attention as a leader in the mobile and wearable technology market.
Employing the brightest minds and best professionals worldwide, WOR(l)D constantly invest in great ideas and highly motivated people. Every WOR(l)D product reflects passion for research, innovation and environmental responsibility.
Founded in 2011, WOR(l)D is now recognized as a leading player in the drive towards a more economically stable, socially connected, “greener” world. Leveraging a new business paradigm, WOR(l)D seeks to transcend every social and economic boundary. Using innovative products and a proven, direct selling business model, WOR(l)D is helping people around the globe to transform their lives and their livelihoods.
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Synergy Worldwide Sales Up 18,3%
by Tina Williams • • 0 Comments
Synergy worldwide shared on their blog that they are celebrating another record year:
“We are proud to announce that during the 2014 fiscal year, Synergy experienced record-breaking growth! Synergy’s sales dramatically increased by approximately 18.3% according to Nature’s Sunshine Products’ fiscal year-end report—an accomplishment that can be attributed Synergy’s leadership and Team Members all over the world.
Synergy’s Japan and South Korea markets had an especially monumental year, and much of Synergy’s success in 2014 is owed to their teams’ incredible efforts.
Synergy’s Team Members are the lifeblood of the company and we are proud to have shared this year with such talented and hard-working individuals. Every successful year with Synergy is made possible by the daily business dealings of its Team Members in the field who are spreading Synergy’s vision of superior health,
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Jeunesse Climbs To No. 38 On DSN Global 100 List With $419 Million In Sales
by Tina Williams • • 0 Comments
Jeunesse Climbs to No. 38 on DSN Global 100 List with $419 Million in Sales. Ranks No. 19 among top 50 North American Direct Selling Companies
Jeunesse Global was named number 38 on the Direct Selling News’ Global 100 List, as well as number 19 on DSN’s inaugural North America 50 list. The company’s continued rise to the top of the direct selling industry follows another impressive year of growth, with 2014 global sales revenue reaching $419 million.
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FTC Commissioner Praises Direct Sellers
by Ramya Chandrasekaran • • 0 Comments
The direct-selling industry on Tuesday earned praise from a Federal Trade Commission (FTC) commissioner amid calls for greater regulation.
FTC Commissioner Maureen Ohlhausen praised the industry’s efforts to improve its self-regulation efforts during remarks at the National Press Club in Washington.
“I commend you for your partnership with [Council of Better Business Bureaus] that has increased awareness and understanding – and appreciation – of the importance that the direct selling industry places as an industry on ensuring it is an ethical and trustworthy marketplace,” she said.
The industry has come under fire from advocates who say more regulations are needed from FTC officials to protect consumers from pyramid schemes and faulty advertising.
But Ohlhausen said that sometimes self-regulation is “the only option for certain advertising practices where government intervention is limited by First Amendment concerns.”
Still, Ohlhausen
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Total Life Changes Recognizes Their Top Earners
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Indian Govt Looks Abroad For Anti-Pyramiding Laws
by Ramya Chandrasekaran • • 0 Comments
From Saradha to Rose Valley and the Pearl scam, with a slew of ponzi-like financial frauds rocking the country in recent years, the government of India is also looking for solutions abroad.
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“A request had been sent to all the embassies and high commissions of India to gather all relevant information about legal and regulatory framework and industry practices for direct selling, multi-level marketing and pyramid marketing schemes in select countries,” an official document from a recent meeting said.
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Philippines MLM Splash Profits Up 46% in Q1
by Ramya Chandrasekaran • • 0 Comments
Philippines based personal care direct selling Splash Corp. has started the year strong as it grew its earnings nearly half in the first quarter, coming off a net income plunge in 2014.
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Sozo Global Aquires New Technology
by Ted Nuyten • • 0 Comments
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